1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends
UNITED ARAB EMIRATES (UAE) LUBRICANTS MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)

UNITED ARAB EMIRATES (UAE) LUBRICANTS MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)

  • October 2020
  • 110 pages
  • ID: 5865888
  • Format: PDF
  • Mordor Intelligence LLP

Summary

Table of Contents

Search Inside

The UAE lubricants market is expected to witness a CAGR of less than 2% during the forecast period. The major factor driving the growth of the market studied is the expanding construction sector in the United Arab Emirates. On the flipside, the high price of synthetic lubricants and the increasing drain intervals are expected to hinder the growth of the market studied.

- Investments and government plans to support industrial growth in the country are likely to provide a major growth opportunity for the market studied during the forecast period.
- Automotive and other transportation segment dominated the market and is expected to continue its dominance during the forecast period.

Key Market Trends
Increasing Construction Activities to Drive the Demand in the Country

- The construction sector in the country has been expanding at a significant rate, since the past few years. The trend is expected to continue during the forecast period, primarily due to the increasing number of initiatives taken by the government to develop infrastructure and construction, as well as the improving investor confidence in the country’s economy.
- Dubai is expected to be one of the fastest-growing cities in the entire Middle East & African region, as the country is preparing to host the Dubai World Expo 2020.
- Additionally, the construction sector is expected to witness a considerable growth in Abu Dhabi. This growth is primarily owing to the implementation of grand ventures in the major cities of the United Arab Emirates.
- The domestic residential construction market is dominated by the United Arab Emirates’ two major cities, Dubai and Abu Dhabi. The UAE government announced its decision to bridge the gap between the supply and demand of housing units. The government has also allocated land in Al Quoz and Muhaisnah (Dubai) for the construction of affordable housing units.
- Such aforementioned factors are driving the demand for the market studied.

Engine Oil Segment to Dominate the Market

- Engine oils are widely used for lubricating internal combustion engines in different types of automobiles. They are generally composed of base oils and additives.
- The base stock is either made using petroleum and synthetic chemicals, or from a mixture of both. The base stock is responsible for lubricating the moving parts in the engine and for removing the excess built-up heat. Meanwhile, additives are added for controlling the oil viscosity and lubricity, as well as protecting the engine parts against wear and tear.
- Various types of additives that are added in engine oils include oxidation inhibitor additives, dispersant additives, detergent additives, anti-foaming additives, viscosity index modifiers, anti-wear additives, corrosion inhibitor additives, and anti-freeze additives.
- Some of the chief functions offered by engine oils are resistance against corrosion and wear and tear to ensure increased engine life and better performance; reduce friction; increase engine performance; reduce fuel consumption; remove impurities and achieve engine cleanliness; optimize engine efficiency; and prevent energy loss by providing optimum cooling.
- Due to the persistence of very high temperature in the United Arab Emirates, engine oils that are thick in nature are widely used. The usage of thin oils leads to the quick exhaustion of oils and engine damage.

Competitive Landscape
The market studied is consolidated among the top five players. The top companies have been utilizing competitive strategies and investments to retain and expand their shares. The key players include, Adnoc, ENOC Company, Total, Royal Dutch Shell PLC, and Exxon Mobil Corporation, accounting for about 70% of the market studied.

Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2020

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on