05 Jan, 2021

Middle East Lubricants Market Trends

By James | Dubai

There are many drivers of growth throughout the Middle East, but the largest can be found in the industrial segment within Saudi Arabia, the UAE, and Iran. In addition to industrial lubricants, engine oil is expected to continue increasing due to the demand for high-performance lubricants, including synthetics and synthetic blends.

There are many drivers of growth throughout the Middle East, but the largest can be found in the industrial segment within Saudi Arabia, the UAE, and Iran. In addition to industrial lubricants, engine oil is expected to continue increasing due to the demand for high-performance lubricants, including synthetics and synthetic blends.

Engine Oils

Engine oil is expected to occupy the largest market share due to a wide range of reasons, including the following:

• Newer formulations, particularly those developed by Middle East-based manufacturers, offer improved wear reduction, corrosion protection, and operation maintenance.
• Advanced formulations specific to high-mileage engines offer improved performance, as well as the ability to reduce or prevent burn-off and to reduce or eliminate engine oil leaks. These capabilities ensure that vehicles can be driven for longer periods, and that engines last longer even under harsh climatic and use conditions.
• The average age of consumer vehicles in use on the roads has been increasing steadily, and the advances in oil formulations and additive quality ensure that they are able to be driven safely.
• Synthetic oils and new additives are being developed to help address the need to reduce emissions.
• While many consumers are driving their cars for longer periods, many focuses on buying high-end, performance vehicles that demand very specific oil formulations to protect against intense heat during use.
• New automotive gearbox designs, such as CVTs, manually actuated automatics, and multi-gear automatics, require specialized fluids developed for their use, maintenance, and protection

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