Industry Developments and Trends
Latest developments, trends, and market analyses in the industrial oils and chemicals sector. Forecasts and strategic approaches for the future of the industry.
The industrial oils and chemicals sector continues to show steady growth despite fluctuations in the global economy. Particularly, the increase in demand in the automotive, manufacturing, and heavy industry sectors contributes to the expansion of the market.
The most prominent trend in the sector recently is sustainability-focused product development efforts. Bio-based and biodegradable lubricants, low VOC content formulations, and energy-efficient products are increasingly demanded by customers.
Digitalization and Industry 4.0 applications are other important factors shaping the sector. Thanks to smart sensors and IoT technologies, the performance of lubricants can be monitored in real-time and maintenance processes can be optimized.
As Güvensan, we closely follow these trends and continuously renew our product portfolio. By shaping our R&D studies in line with developments in the sector, we continue to offer our customers the most innovative and efficient solutions.
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