中国基础油市场五个趋势

Five Trends in China’s Base Oil Market

基础油在润滑油中的含量占70%~99%。它不仅是功能添加剂的载体,更是满足润滑油性能要求的重要组分,并且对润滑油性能的贡献率随规格的升级换代而不断增加。2000年以来,中国基础油市场曾长期处于净进口状态,到2015年达到260万t/a的高峰,随着2019年大量新产能投产,未来中国基础油市场将呈现供需基本平衡、品种基本齐全、Ⅲ类更聚焦差别化需求、BS和环烷基严重过剩、再生基础油是最大变量等五个趋势,整体进入能力溢出的新时代。

The content of base oil in lubricating oil accounts for 70%~99%. It is not only a carrier of functional additives, but also an important component to meet the performance requirements of lubricating oil, and its contribution rate to the performance of lubricating oil continues to increase with the upgrading of specifications. Since 2000, China’ s base oil market has been in a net import state for a long time, reaching a peak of 2.6 million tons per year by 2015. With a large number of new production capacity putting into production in 2019, China’ s base oil market will show the following five trends in the future, i.e., supply and demand are basically balanced, varieties are basically complete, Group Ⅲ base oil is more focused on differentiated demand, the surplus of BS and naphthenic base oils is severe, and the recycled base oil is the biggest variable. In the future, China’ s base oil market will enter a new era of capacity overflow as a whole.