Search results for: 'export'

Mexico’s demographic favorability through the next decade, its focus on education to fully capitalize the growing working and escalating digital accessibility, and its growing start-up business support mechanisms advocates the expanding Mexico’s culture of innovation. Though Mexico spend less than 1% of GDP in research and development compared to o...

Despite uncertain global economic conditions and low oil prices, government investment plans and infrastructure development initiatives are expected to support economic growth in the UAE. Integration of logistics functions and harmonization of the GCC customs regulations will lead to a synchronized, coordinated, and interconnected regional logistic...

Advancements in medical imaging technology are serving to achieve state-of-the-art healthcare management across the globe. However, not all hospitals and independent diagnostic imaging centers have access to these advanced medical imaging equipment. This is mainly because of budget constraints and continuous consolidation of healthcare facilities. ...

The global economy witnessed a lot of turbulence in 2019, with intensified trade wars and Brexit delays influencing the growth story tremendously. Should businesses expect more volatility in 2020 or are global economic prospects looking up? This 2020 Global Economic Outlook research has been designed to answer this question and more by providing in...

The global bus industry is estimated to reach 2,34,000 units in 2024. The strong growth will be due to the bounce back in volumes in India and a healthy increase in Europe. Transit bus demand grew due to aging fleet replacement and government subsidies for alternate powertrains, while coach bus growth was driven by the thriving tourism industry and...

As per the U.S. Food, Drug, and Cosmetic Act (FFDCA), infant formula is defined as a food which purports to be or is represented for special dietary use solely as a food for infants by reason of its simulation of human milk or its suitability as a complete or partial substitute for human milk.” Due to regulation and marketing purposes, infant formu...

Automotive industry is rapidly evolving in terms of technology as well as tackling environmental issues. Electric vehicles (EVs) have been introduced as a clean energy initiative due to low or zero emissions and have come a long way to become an integral part of OEMs’ business strategies. Automakers are creating separate EV business units to be p...

Logistics industry growth in the Gulf Cooperation Council (GCC) region is catalyzed by the increasing contribution of the non-oil sector to GDP, infrastructure development, growth of free trade zones and industrial parks, and greater regional trade cooperation. Governments in the region undertake policy measures to bolster economic diversification ...

17 Sep 2021  |  North America  |  Market Research

US Circular Economy for Lubricants Growth Opportunities

Demand for Sustainable and High-quality Base Oils Drives Future Growth Potential

Infographics

×

Key Issues Addressed

The United States accounts for more than 20% of all lubricants consumed globally. It has one of the highest per capita consumption rates of 7.6 gallons per year. Key factors such as high automobile use or ownership and a huge variety of industries contribute to the demand for lubricants. In 2020, total demand for lubricants in the United States rea...