New report: Lucrative opportunities exist in lubricant market for wind turbines

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

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