Over the past few years, UAE’s lubricant market has witnessed increasing demand of synthetic lubricants.
Entry of New Players: Fresh competition is introduced in the market by entry of new brands which can confer to globally accepted standards of lubricants. Customers prefer to choose these lubricants because of their quality and reliability. LUKOIL Lubricants in 2017 introduced Genesis brand of synthetic automotive lubricant in UAE market during the year 2017 by partnering with Al Habtoor Motors LLC. GP Global has taken large stake in MAG Lubricants in 2018. This acquisition will aid GP Global to increase its regional sales by more than 60,000 kilolitres. Gulf Oil Middle East Ltd (GOMEL) appointed Al Naboodah Group Enterprises (ANGE) as its official distributor for selling its lubricants in UAE in the year 2018
Focus towards using Synthetic Lubricants: Synthetic lubricants are cleaner lubricants as base oil used in their manufacturing is highly refined. They are known to augment engine performance, last longer and preserve engine life. They are most recommended lubricants to be employed in industries that use heavy machinery.
Increase Use of Recycled Oil: UAE has witnessed increasing use of recycled oil which is cheaper to refine than crude oil. Synthetic lubricants produced from used oil are of quality standards that are in accordance with reputed institutions such as American Petroleum Institute and European Automobile Manufacturers’ Association. In addition, rising awareness among customers to prevent degradation of environment and bring market standards to a minimum grade has helped in fuelling growth of synthetic lubricants market.
Bio-based synthetic lubricants are gaining traction in UAE. They are low in content of phosphorous and sulphur which prevents environmental degradation. In addition, they are suitable of variety of cars and commercial vehicles and have gained acceptance by leading OEM’s such as BMW, Mercedes Benz and Porsche.
The report titled “UAE Lubricants Market Outlook to 2022 – By Automotive (Heavy Duty Diesel Engine Oils, Passenger Car Motor Oils, Hydraulic Oils, Gear Oils, Greases and Transmission Fluids) and Industrial Lubricants (Hydraulic Oils, Industrial Gear Oils, Greases, Compressor Oils, Turbine Oils and Transformer Oils)” by Ken Research suggested a growth at a relatively low CAGR of 0.8% in terms of production volume in UAE Lubricants market in the upcoming years till the year ending 2022E.
Key Segments Covered
Market Segmentation
Origin (Mineral, Semi-Synthetic and Synthetic Lubricants)
Application (Automotive and Industrial)
Automotive Lubricant Market Segmentation
By Application (Heavy Duty Diesel Engine Oils, Passenger Car Motor Oils, Hydraulic Oils, Gear Oils, Greases and Transmission Fluids)
By End Users (Passenger Vehicle Lubricants, Commercial Vehicle Lubricants, Marine Lubricants and Aviation Lubricants)
By Channel of Distribution (OEM Workshops/Service Stations, Dealer Network, Supermarket and Others)
Industrial Lubricant Market Segmentation
By Application (Hydraulic Oils, Industrial Gear Oils, Turbine Oils, Compressor Oils, Greases and Transformer Oils)
By End Users (Construction, Power Generation, Manufacturing and others)
By Channel of Distribution (Direct Sales by Companies and Workshops, Dealer network)
Key Target Audience
Automotive OEMs
Industrial Machinery Manufacturers
Lubricant Manufacturers
Additive Suppliers
Lubricant Distributors
Lubricant Consultants
Time Period Captured in the Report:
Historical Period – 2012-2017
Forecast Period – 2018-2022E
Companies Covered:
ADNOC
Total
Shell
Exxon Mobil
Chevron
Castrol
ENOC
LUKOIL
Rulexx Lubricants and Grease Ind llc
Lubrex FZC
MAG Lubricants
AXCL Lubes
DANA Lubricants
Emirates Lube Oil Company Ltd.
Sharafco Group of Companies
Crystal Petroleum
Atlantic Grease and Lubricant
Petrotek
SHARLU
Universal Lubricants
Aljazeera Lubricants LLC
Stanley Lubricants
Key Topics Covered in the Report
Stakeholders in UAE Lubricants Market
UAE Lubricants Market Segmentation
UAE Automotive Lubricants Market Segmentation
UAE Industrial Lubricants Market Segmentation
Trends and Developments in UAE Lubricants Market
Government Role and Regulations in UAE Lubricants Market
UAE Lubricant Market Size
Lubricants Market Used in UAE
Middle East Lubricants Market
Exporters UAE Lubricant Market
Type Automotive Lubricants UAE
UAE Sales of Lubricant Market
For more information on the research report, refer to below link:
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