Growing Transportation And Industrial Sectors To Drive Growth In The Lubricants Market – Ken Research 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… Read More »
UAE is Expected to Maintain its Top position in Lubricant Production in Middle East and North Africa Region UAE has been the largest country operating in MENA lubricants market in terms of production as of 2014. The country majorly controls and supervises its oil & gas related activities through Abu Dhabi National Oil Company (ADNOC) which is regarded as the fourth largest oil & gas Company across the globe. During 2014, ADNOC have… Read More »
Automotive Demand and Infrastructural Development to Drive Lubricants Demand in Middle East and North Africa Growing Automotive Sales, coupled with surge in Industrial Production in the Region and Use of Synthetics to Support Market Growth October 2015 MENA lubricants market is predicted to pace up rapidly in the forthcoming years and scale new heights. Abundance of base oil and low cost of production have driven the growth of lubricants production… Read More »