As the rapid development of the domestic automobile industry has driven the rapid growth of the lubricant market, from the perspective of the product structure of the production plant, it mainly produces three oil series of internal combustion engine oil, hydraulic oil and gear oil, and its output accounts for the total output. This also reflects the current consumption structure of lubricants in China. From the quality point of view, although the proportion of medium and high-end lubricants in China has been steadily increasing in recent years, the proportion of medium and high-grade products in finished lubricants is basically, but the proportion is still far from that of developed countries. Demand forecast The lubricating oil market is closely related to the demand for oil in industries such as automobiles, machinery, and transportation. The entire machinery industry accounts for a quarter of the national industrial output value. The development a...