Base Oil, Paraffin Wax, and Lubricants – New Procurement Research Reports Now Available From SpendEdge

LONDON–(BUSINESS WIRE)–#baseoil—SpendEdge,
a global procurement intelligence advisory firm, has launched three
procurement research reports on the chemicals
category. To help clients understand the current supply landscape of
the chemicals sector, analysts have covered reports such as ‘Base
Oil Procurement Research Report’, ‘Paraffin
Wax Procurement Research Report’, and ‘Lubricants
Procurement Research Report’.

Global Base Oil Category – Procurement Market Intelligence Report:

The growth of the base oil market can be attributed to the increasing
demand for hydraulic fluids with high viscosity index which is
compelling manufacturers of hydraulic fluids to use Group II and III
base oils. Also, the increase in emission control norms for automobiles
along with the growing preference for fuels that improve vehicle
performance is expected to fuel the growth of this market space.

Looking for more insights from this report? Request
a free sample report

Base Oil – Procurement Challenges:

• The difficulty in availing cost-effective inventory management
  solutions.
• Identifying suppliers that possess expertise in the use of analytical
  tools.

To overcome the above-mentioned procurement challenges, the buyers in
the base oil market should identify and engage with after assessing
their track records and should also evaluate the capacity utilization of
suppliers. The buyers should collaborate with suppliers who possess the
required expertise and can assist them in demand-supply and pricing
forecasts over the contract period.

This report is available at a discount for a limited time only: View
the report snapshot before purchasing

Global Paraffin Wax Category – Procurement Market Intelligence Report:

The growth of the paraffin wax market can be attributed to the rise in
demand from its end-user segments such as skin care and therapy segment,
automotive sector, packaging sector, and food industry. The use of
paraffin wax in tarpaulin manufacture is expected to fuel the growth of
this market. Tarpaulins offer the advantages of durability,
waterproofing, and cost-effectiveness and are widely used for either
protecting or covering crops and vehicles.

Looking for more insights from this report? Request
a free sample report

Paraffin Wax – Procurement Challenges:

• The difficulty in estimating prices over contract periods.
• Challenges in ensuring quality and supply assurance.

To overcome the above-mentioned procurement challenges, the buyers in
the paraffin wax market should identify and engage with suppliers that
offer sophisticated price forecasting models that consider the current
market scenario. Also, engaging with suppliers that have a global
footprint and distribution network will help in ensuring the quality of
the procured goods.

This report is available at a discount for a limited time only: View
the report snapshot before purchasing

Global Lubricants Category – Procurement Market Intelligence Report:

The growth of the lubricants market can be attributed to the increase in
vehicle population and industrial production. Technological advancements
have led to a rise in demand for high-performance and better-quality
lubricants in the industrial sector. Lubricants are also increasingly
being used in the medical sector. Electromechanical devices are used in
hospitals for surgical procedures and medical examinations, this will
further drive the demand for lubricating products.

Looking for more insights from this report? ? Request
a free sample report

Lubricants – Procurement Challenges:

• The lack of product awareness and lack of knowledge on usage.
• Lack of technical expertise in selecting appropriate lubricants.

To overcome the above-mentioned procurement challenges, the buyers in
the lubricants market should collaborate with suppliers after assessing
their supply chain network as it helps them to evaluate their expertise
and ability to provide consistent and timely deliveries. Also, adopting
this procurement practice will help the buyers minimize the risks
associated with failure of third-party vendors.

This report is available at a discount for a limited time only: View
the report snapshot before purchasing

To view our complete portfolio of chemicals procurement research
reports, visit: https://www.spendedge.com/store/industries/chemicals

About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement intelligence partner for
Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Shilpa Balakrishnan
US: +1-844-746-0600
[email protected]