London -21 Nov 2024
Shell Lubricants has retained its status as the leading global supplier of finished lubricants for an 18th consecutive year, according to the 22nd edition of Kline & Company’s report, Global Lubricants: Market Analysis and Assessment 2023.
In the report, which covers all leading lubricant-consuming country markets, market segments, product types and formulations, Shell has held its status as the leading global supplier of automotive and industrial oils and fluids with number one ranking for all three lubricants categories tracked by Kline – consumer automotive, commercial automotive and industrial.
According to the latest report, Shell maintained its leading position with global market share at 11.6%. As in 2023, Shell Lubricant’s global sales were split almost evenly between the three segments: 36% consumer automotive, 33% industrial, and 31% commercial automotive.
