By Michelle Froese The split of lubricant consumption by region tracks the division of global installed capacity. China is the largest market for lubricants used in wind energy, accounting for 34% of total demand, followed closely by the United States with 21%. Germany and India account for an approximate share of 6% each.
However, Germany’s demand is slightly more than that of India according to the recent Lubricants for Wind Turbines: Global Market Analysis and Opportunities report by global market research and management consulting firm Kline.
The overall demand for lubricants used in the wind-energy industry will increase from 37.6 kilo-tonnes in 2015 to 53.7
Read Full Article Here
For more great articles: Windpower Engineering & Development