Hungary Automotive, Industrial Oil, and Lubricants Market

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According to the Hungarian Petroleum Association, the total market for automotive oil and lubricants in Hungary was around 52.2 million tons in 2004, representing close to a 4 percent rise over 2003. The estimate for 2005 is 53 million tons. Engine oils and gear and hydraulic oils make up the vast proportion of the market, but high growth has been seen in process, metalworking and highly refined oils as well, which serve a growing manufacturing base.


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