At present, China’s car ownership is growing rapidly, and the domestic automotive lubricant market still has huge growth potential. Against the backdrop of the global economic downturn, China’s auto industry still achieved growth. In 2013, the auto production and sales volume remained at around 22 million vehicles. The correlation coefficient between car sales and lubricant consumption is as high as 0.984.

As China’s car ownership has broken 100 million, the large-scale increase in car ownership has also exerted enormous pressure on the environment, and energy conservation and emission reduction have become imminent. This has not only promoted the upgrading of automotive technology in power systems and emissions systems. Directly involved in the large-scale technical upgrading and product structure adjustment of the automobile accessory industry. Relative to the many variables existing in the industrial lubricants market, the automotive lubricant market may become the main support for the growth and development of the lubricants market due to relatively stable demand.

From the perspective of lubricants as an industry attribute of petroleum products, the non-renewability of petroleum resources and the sensitivity to environmental impact during use have all determined that the automobile lubricant industry should be a corporate social responsibility and “ Green Marketing is closely related to the industry.

With the increasingly improved industrial modernization and technical equipment, higher requirements have been put forward for the specialization, high performance, and environmental adaptability of automotive lubricants. Gear oil, electrical insulation oil, and rubber filling oil in industrial oil have grown rapidly. The steady growth of other oils has given rise to a new round of innovations and changes in lubricant production technology. While pursuing product quality, the automotive lubricants industry and other industries should consider “energy saving and environmental protection” as a factor in consideration and provide consumers with high-quality products that meet the “consumption and safety” connotations.

As the lubricant industry closely related to automobiles is also facing a wave of product upgrades and technology upgrades, high-performance automotive lubricant products are increasingly favored by consumers, becoming a concern for consumers and choosing “consumption and safety”. ticket.

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Urea

Urea is the most important nitrogenous fertilizer in the market, with the highest Nitrogen content (about 46 percent). It is a white crystalline organic chemical compound. Urea is neutral in pH and can adapt to almost all kinds of soils. It is a waste product formed naturally by metabolizing protein in humans as well as other mammals, amphibians and some fish. Urea is widely used in the agricultural sector both as a fertilizer and animal feed additive.

The main function of Urea Fertilizer is to provide the plants with nitrogen to promote green leafy growth and make the plants look lush. Urea also aids the photosynthesis process of plants. Since urea fertilizer can provide only nitrogen and not phosphorus or potassium, it`s primarily used for bloom growth.

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