The market scale of the special oil industry is expanding, and the market segments of the industry are also increasing. In terms of market segments, lubricating oil, metal processing oil, antirust oil, white oil and other market segments account for a high proportion. China's special oil enterprises are mainly concentrated in North China, Yangtze River Delta, Pearl River Delta and other regions. While the domestic refining capacity has a strong group distribution, there is also an obvious regional distribution. North China, Northeast China, South China and East China are the concentrated distribution areas of China's oil refining capacity.
The investment intensity of technology R & D in the special oil industry has been increasing, and the industry is paying more and more attention to R & D. From the perspective of technology input-output ratio, the technology R & D input efficiency of the special oil industry is low, and there is much room to improve the added value of products. Special oil products in China are limited to lubricating oil, antirust oil, metal processing oil and other products.
The metal processing oil is made of high-quality mineral base oil, sulfurized lard and sulfurized fatty acid ester as the main extreme pressure anti-wear agent, and is compounded with different proportions of rust inhibitor, mold inhibitor, bactericide, catalyst and other additives. It is a product used for the purpose of improving the metal surface finish, processing performance, tool life and rust prevention performance of processed objects in the processing process.
Since 2017, the total output of antirust oil in China has shown an increasing trend. In 2021, the total output of antirust oil in domestic refineries was 397000 tons. With the development of metal processing industry, processing equipment is becoming more and more advanced, and the market demand for metal processing oil in the metal processing industry is increasing. The apparent consumption of metal processing oil in China in 2021 is 1052000 tons.
China's antirust oil products have formed a scale. With the continuous improvement of market requirements, the demand for multifunctional antirust oil is also growing. It not only needs antirust, but also needs lubrication, cleaning and other functions. By 2021, China's apparent consumption of national defense rust oil has reached 552000 tons.
With the development of global green and low-carbon economy and the strong support of national policies for the development of green special oil products, the structure of special oil products has been adjusted accordingly to meet the market demand. Diversification, high added value, green and low-carbon have become the development trend of China's special oil industry.
The petroleum special oil products with environment-friendly aromatic oil as refining raw material are the key products in the field of special oil products. According to the "14th five year plan" special oil industry planning objectives, combined with the current supply side, the construction of China's special oil market will lead to structural adjustment, and the relevant heavy aromatic and naphthenic special oil products will be gradually replaced by environment-friendly aromatic special oil products.
After a short-term structural adjustment, China's special oil industry eliminated the fallen production capacity and screened out unqualified enterprises. With the change of residents' consumption concept and the improvement of consumption demand, China's special oil industry will continue to maintain the growth trend, and will develop towards high quality and high quality in the future, showing new trends such as the increase of varieties and the diversification of consumption.
(Note: the above is extracted from lubricating oil focus)
