Growing Transportation And Industrial Sectors To Drive Growth In The Lubricants Market – Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Lubricant is a substance that is primarily used to improve smoothness and reduce friction between surfaces in close immediacy and moving relative to each other. other. Lubricant is obtained by blending the base oil produced from the distillation of crude oil with additives. The mineral base lube oil is produced by petroleum refinery processes and additives, which are then blended with the base oil to improve the chemical and physical properties of lubricant. The quantity of additive content for a finished lubricant depends upon the product applications and desired performance requirements. Asia-Pacific has been the largest consumer of lubricants due to the high demand in automobile and industrial production. Followed by Asia-Pacific is the European region, which accounted second highest lubricants demand worldwide. Base oil is the most commonly used lubricant due to its wide range of applications. The two basic categories of base oil available are mineral oils and synthetic oils. Mineral oils are obtained from crude oil, while synthetic oils are manufactured from polyalphaolefins, which are hydrocarbon-based polyglycols or ester oils. Since mineral oils are comparatively inexpensive and can be produced in a wide range of viscosities, they are the most widely used category. Mineral oils possessing different viscosities can also be blended together to improve their performance. Base oil is one of the components that are derived from raw petroleum, which is obtained in many varieties ranging from a yellow-to-black, flammable, liquid mixture of solid asphalt-such as hydrocarbon chains. The global market for lubricants has been majorly dominated by few oil and gas multinational corporations. Major companies operating in the global lubricants market include Royal Dutch Shell, Exxon Mobil, British Petroleum (BP), Total, Chevron and Fuchs amongst others. The growing transportation and industrial sectors in Asia Pacific and Middle East and Africa regions are expected to drive the growth in the lubricants market. However, volume growth will be restrained in North America and Europe due to increasing demand for premium products and the increasing adoption of bio-lubricants. This trend will adversely affect the pace at which the overall market will grow. MENA lubricants market is not countered by any specific government regulations that can be considered as an entry barrier. However, an effective distribution network, strong brand presence, massive investments in infrastructure and technology, constitute some of the significant entry barriers in the MENA lubricants market, making it difficult for new players to enter the market. Additionally, there are certain general requirements that every industry must follow in order to establish their product in the competitive environment. These requirements are largely in the form of API specifications, base oil quality, environmental concerns and few others as well. There are different ways in which a player can blend the products in the local market. The very first method is to set up its own production facility which requires significant investment which every new player may not be able to afford. For further detail follow the below mentioned link: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/mena-lubricants-market-research-report/1109-100.html Related Reports: Middle East Naphtha Market Outlook to 2018 – Refineries-Petrochemicals Integration to Drive Naphtha Market Egypt Naphtha Market Outlook to 2018 – Industry Shift from Natural Gas to Naphtha India Lubricants Industry Outlook to 2017 – Focus on Automotive Lubricants and Transforming Channel from Retail PSU’S to Bazaar Trade Contact: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Challenges Lubricant Market MENA Market History Lubricant, Development in MENA Lubricant, Egypt Lubricant Industry, Government Policy Lubricant Iran, Industry Forecast Production Lubricant, Industry Size UAE Lubricant, Iran Lubricant Market Trends, Iraq Lubricant Market Snapshot, Lubricant Demand in Qatar, Lubricants Market Competition Algeria, Macro Economic Factor Lubricant, Market Drivers Lubricant Algeria, Market Growth Lubricant Saudi Arabia, Market Outlook Algeria Lubricant, Oman Lubricant Market Evolution, Restraints Lubricant Market North Africa, Saudi Arabia Lubricant Market, SWOT Analysis Lubricant, Synthetic Lubricant Market Segment Egypt, Total Lubricant Market Share Middle East, Value Chain Analysis Lubricant
