China has surpassed Russia to become the world's second largest consumer of lubricants, with an annual production of more than 4 million tons of lubricants. Along with the growth of the automobile industry, more foreign brands have entered China, and the high-end lubricant market has continued to expand, thus forming a form of domestic brands and foreign brands striving for high-end markets.
Today's lubricants are available in four sizes: 1L, 4L, 20L, and 200L. Most of the packaging drums use paper-based self-adhesive labels, a few advanced products use film labels, and others use in-mold labels and thermal transfer technology. From the perspective of growth trend, because the area of ​​the oil drum label is large, the surface of the oil drum is rough and the storage environment is relatively poor, and various problems are easily caused by the paper label. Most foreign brands use film materials as their first choice. The film label can better overcome the problem of the labeling of the paper label due to lack of softness. At home, paper labels are still widely used for cost reasons. Because of the unique advantages of the in-mold label, that is, the integrity of the whole, it does not rise, wrinkle and fall off, and the labeling process can be omitted. It is very suitable for the lubricant industry, which does not require changing the appearance of the package (oil The barrel specifications are basically fixed), so that the majority of lubricant companies are very interested, there will be a large room for growth in the future.
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