Recording Now Available:
ILMA LubeTrends Virtual Town Hall: What's Coming Up in 2023?
If you missed the chance to join us live or just want to review what we covered, a recording of the virtual town hall and the expanded slide deck are now available. Our panel of industry experts gave some great insights into what’s ahead for the rest of 2023 and beyond. Get your head around the latest challenges and opportunities affecting lubricants businesses, including emerging plastics legislation, chemicals regulation, supply chain issues, the R&D tax credit, trade issues and more.
Recording and Slides
Full Report Now Available: The Impact of Electric Vehicles (EVs) on the Global Lubricants Market
The consumer vehicle market is changing, and battery electric vehicles are penetrating the marketplace even faster than predicted. The growth is expected to have a negative volumetric impact on the lubricants industry, displacing demand for traditional automotive oils, greases and fluids that go into the vehicle, as well as metalworking fluids and other lubricants used to make engines and other parts.
To get a handle on this trend and its impact on members, ILMA commissioned a study from Kline & Co. that quantifies the potential outcomes of increasing electrification. The results were presented during two #LubeTrends virtual town halls at the end of 2022.
Watch the town hall recordings and view the full report.
Special thanks to the official sponsor of LubeTrends, Chevron Oronite.