Environmental Concerns Stemming from Use of Petroleum-Based Lubricants to Augment Demand for Polyolesters Globally, Says TMR
In the moderately consolidated market for polyolesters for bio-based lubricants and lubricant additives, the top four companies collectively held nearly 45% of the global market in 2014. Small- and medium-sized regional players accounting for the remainder of the market in that year, finds Transparency Market Research (TMR) in a new study.
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