Biodegradable biolubricants conform to the trend of green and sustainable development and have broad market development space

Lubricant oil refers to liquid or semi-solid lubricants used in various types of automobiles and mechanical equipment to reduce friction and protect machinery and workpieces. In actual use, the lubricating oil cannot be completely consumed by the machinery, and the part that cannot be consumed and recycled will be lost in the environment, causing environmental pollution. Therefore, in order to protect the environment and reduce pollution, green and environmentally friendly degradable biolubricants have emerged and become one of the segmented products with great development potential in the lubricant market.

Biodegradable biolubricating oil refers to synthetic oil that is processed by chemical and physical means using degradable bio-based oil as the main material and additives as auxiliary materials. Compared with ordinary lubricants, degradable biolubricants have the advantages of environmental protection, non-toxicity, biodegradability, strong lubrication performance, no bioaccumulation, and high viscosity index. They are mainly used in fields with high environmental requirements, such as aviation and shipbuilding. , cars, rail transit, etc.

Currently, against the background of the continuous emergence of domestic high-tech industries and the continuous upgrading of environmental protection requirements, the application fields of degradable biolubricants are continuously expanding. In the field of shipbuilding and marine engineering, degradable biological lubricants can be used in propeller shaft seals, wire rope lubrication, side thrust and hydraulic equipment lubrication, etc., playing a role in reducing equipment wear and reducing marine pollution; in the field of rail transportation, degradable biological lubricants Lubricating oil can be used in railway switch sliding bed lubrication scenarios to reduce soil pollution.

Biodegradable biolubricants are a type of green and environmentally friendly products. Its industry development complies with the current domestic green and sustainable development trend, and the industry development prospects are good. According to the“2023-2028 China Biodegradable Biolubricant Project Investment Feasibility Research Report” released by the Industrial Research Center, 2022 In 2018, the size of my country’s degradable biolubricant market was approximately 3.64 billion yuan, a year-on-year increase of 5.7%. In the future, under the background of the continuous advancement of dual-carbon goals and the strengthening of environmental protection supervision, the application fields of degradable biolubricants will continue to expand, and the market size is expected to maintain sustained growth.

The degradable biolubricant industry first started in the 1970s. After continuous research and development in recent years, the number of companies at home and abroad that have mastered its production technology is increasing, including Shell of the Netherlands, Ruianbo of the United States, British Petroleum, and Dow of France. International companies such as Dahl, Mobil of the United States, and Volkswagen of Germany, as well as local companies such as Birkenstock Lubricants, New Century Lubricants, and Feihengda Lubricants.

Industry analysts said that the current global degradable biolubricant market is mainly dominated by American companies, and the market competitiveness of local companies is still limited. Relatively weak, local companies will still need to accelerate their technological level and innovation capabilities in the future. Biodegradable biolubricant is a green and environmentally friendly lubricant product. In the future, as the domestic dual-carbon goals continue to advance and the trend of green and sustainable development continues to rise, its market penetration rate needs to be improved. Local companies are expected to accelerate their dominance by relying on their cost-effective advantages. Domestic market share and enhance its competitiveness.