Emergence of Large Scale Lubricant Players, Rising Share of Synthetic Lubricants and Recycled Oil has supported the UAE Lubricants Market: Ken Research

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:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uae-lubricants-market/167749-100.html

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