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Lubricants Market: Types of Lubricants, Uses of Lubricants, Procurement Organization Metrics, Supplier Market Ecosystem, Cost Benefit Analysis and Spend Growth Data Now Available from SpendEdge

September 17, 2018

LONDON--(BUSINESS WIRE)--Sep 17, 2018--SpendEdge, a global procurement market intelligence firm, has announced the release of their

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180917005431/en/

Lubricants Category in Australia - Procurement Market Intelligence Report(Graphic: Business Wire)

Factors like the recovery of the mining sector and a rise in the number of meters drilled by Australian drilling companies owing to the growth of coal and iron ore mining activities are accelerating the spend growth momentum of the lubricants market. However, this report also points to the fact that the lubricants market will experience a setback due to the emergence and growing popularity of the recycling methods of used lubricants.

“An ideal way to achieve an optimized category spend is to engage with vertically integrated suppliers. Such a practice will allow the buyers to procure lubricants at a stable price even when the market faces price fluctuations,” saysSpendEdge procurement expert Anil Seth.

The lubricants market is influenced by a string of factors which are promoting as well as disrupting the growth curve of the market. Therefore, to ensure business continuity in such a fluctuating market, it is essential for both the buyers and the suppliers to gain in-depth knowledge of the major cost and volume factors that influence the growth of the market. to gain access to our expert’s insights into acquiring a market-ready business strategy.

The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the lubricants market.

The revival of the mining sector High demand for lubricants from the automobile and mining sectors Not what you are looking for? Our industry experts will work directly with you to understand your requirements and offer customized information!

SpendEdge’s procurement market intelligence reports for the utilities category offer a comprehensive coverage of category pricing strategies and supplier performance metrics. The reports also offer insights into supplier performance benchmarking criteria to help buyers achieve their procurement goals. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.

Report scope snapshot: Lubricants market

Cost-saving opportunities

Supplier side levers Buyer side levers Quantifying cost-saving opportunities Interested to know more about the scope of our reports?

Best practices

Procurement excellence best practices Procurement best practices Sustainability practices Want customized information?

Category pricing insights

Total cost of ownership analysis Overview of pricing models Comparison of pricing models To view this report’s table of contents,

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About SpendEdge:

shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180917005431/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Consultant

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD: AUSTRALIA AUSTRALIA/OCEANIA

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES MINING/MINERALS

SOURCE: SpendEdge

Copyright Business Wire 2018.

PUB: 09/17/2018 10:15 AM/DISC: 09/17/2018 10:15 AM

http://www.businesswire.com/news/home/20180917005431/en

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