Middle East Finished Lubricants Market
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong><br />
<strong>Market</strong><br />
Set to Exceed $2.14 Billion by 2026 | CAGR: 6.5%<br />
Forecast to 2020
<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
“<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Share, Size, Trends, & Industry Analysis<br />
Report, By Type (Metal Working Fluids, Transformer Oils, Gear Oils, Hydraulic Oils &<br />
Engine Oils), By Base Oil Source, By Grade, by Application, By End-Use: Segment<br />
Forecast, 2018 – 2026”<br />
The <strong>Middle</strong> <strong>East</strong> finished lubricants market size is projected to reach USD 2.14 billion by 2026 growing<br />
at a CAGR of 6.5% during the forecast period, as per a new research report published by Polaris<br />
<strong>Market</strong> Research.<br />
Growing demand from end-use industries for several wide range of lubricant types for different<br />
functionality is the primary factor driving the market. Metal working fluids have experienced the highest<br />
demand in the past two years in the region apart from increasing demand for automotive lubricants.<br />
Metalworking fluids demand constituted for a substantial share of the industry sales. The<br />
metalworking facilities uses lubricants for several different applications, including grinding, stamping<br />
and machining. These products also serve as lubricants or coolants, which depends on the application<br />
functionality requirement.<br />
<strong>Middle</strong> <strong>East</strong> is a lucrative market space for the lubricant suppliers. However, due to the market<br />
dominance of the leading industry participants in the country it makes it a highly competitive<br />
environment for the new and small-scale players in the industry. Strategic distribution and supply<br />
systems play the most crucial part for customer retention and also increasing penetration of target<br />
markets.<br />
The worldwide supply chains have been facing rising product portfolio and customer complexity lately.<br />
Heightening and demand for variety of finished lubricants type from several developing industries in<br />
the region have forced the industry participants to focus at unique ways to transform the existing ways<br />
to drive efficiencies. And also, to offer lower cost products, quality customer service and overall whilst<br />
lowering inventory and working capital.<br />
Browse Detailed Research Report On <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Analysis:<br />
https://www.polarismarketresearch.com/industry-analysis/middle-east-finished-lubricantsmarket<br />
Shell Oman Oil <strong>Market</strong>ing Company has been the leading lubricant brand selling a wide range of<br />
finished lubricants in the region in 2017 and till July 2018 as well. The company’s demand driven<br />
planning helped it remain ahead of the competition not only in the <strong>Middle</strong> <strong>East</strong> but also in the global<br />
lubricant market. The company revealed that in order to overcome the increasing complexity in<br />
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
consumer demand, it makes use of inventory buffers in order to break the bullwhip effect in the supply<br />
chain.<br />
As per the cross-industry survey from Terra Technologies (E2open), it showed that as the number of<br />
finished lubricants sold upsurges, the overall amount sold remains pretty flat in most industries.<br />
Hence, as the sales volume of every product goes down, it can be anticipated that forecasting of SKU<br />
levels gets more tougher the wider the product portfolio is.<br />
<strong>Finished</strong> lubricants manufacturers in the region have been very much focused on the base oil grades<br />
that are used for formulation of lubricants as industrial consumers have been very specific to their<br />
demands for their product characteristics. Grade 2 segment is anticipated to grow at a CAGR of 3.8%<br />
from 2018 to 2026 in terms of revenue generated and account for around 36% of expected demand<br />
by 2026. Grade 1 lubricants segment is expected to experience a moderate growth over the forecast<br />
period.<br />
<strong>Middle</strong> <strong>East</strong> finished lubricants market is dominated with sales from the multinational players. To<br />
name some of them would include Shell Oman <strong>Market</strong>ing Company, Al Maha Petroleum Products<br />
<strong>Market</strong>ing Co. S.A.O.C, TOTAL <strong>Lubricants</strong>, JX Nippon Oil & Energy <strong>Middle</strong> <strong>East</strong> & Africa FZE, Oman<br />
Oil <strong>Market</strong>ing Company (Omanoil), ExxonMobil, British Petroleum, and Castrol.<br />
Request for sample: https://www.polarismarketresearch.com/industry-analysis/middle-eastfinished-lubricants-market/request-for-sample<br />
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
Table of Contents<br />
1. Overview and Scope<br />
1.1. Research goal & scope<br />
1.2. Research assumptions<br />
1.3. Research Methodology<br />
1.3.1. Primary data sources<br />
1.3.2. Secondary data sources<br />
1.4. Key take-aways<br />
1.5. Stakeholders<br />
2. Executive Summary<br />
2.1. <strong>Market</strong> Definition<br />
2.2. <strong>Market</strong> Segmentation<br />
3. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Insights<br />
3.1. <strong>Middle</strong> <strong>East</strong> finished lubricants market segmentation<br />
3.2. <strong>Middle</strong> <strong>East</strong> finished lubricants industry value chain & distribution analysis<br />
3.3. Regulatory framework<br />
3.4. <strong>Middle</strong> <strong>East</strong> finished lubricants market dynamics<br />
3.4.1. <strong>Middle</strong> <strong>East</strong> finished lubricants <strong>Market</strong> driver analysis<br />
3.4.2. <strong>Middle</strong> <strong>East</strong> finished lubricants <strong>Market</strong> restraint/challenges analysis<br />
3.4.3. <strong>Middle</strong> <strong>East</strong> finished lubricants <strong>Market</strong> opportunity analysis<br />
3.5. Industry analysis - Porter's five force<br />
3.6. <strong>Middle</strong> <strong>East</strong> finished lubricants market PEST analysis<br />
3.7. <strong>Middle</strong> <strong>East</strong> finished lubricants industry : Distribution Channel Analysis<br />
3.8. Competitive company ranking and market share analysis, 2017<br />
4. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by Type<br />
4.1. Key findings<br />
4.2. Metalworking Fluids<br />
4.3. Transformer Oils<br />
4.4. Gear Oils<br />
4.5. Hydraulic Oils<br />
4.6. Engine Oils<br />
5. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> Engine Oil <strong>Market</strong> Size and Forecast by Viscosity<br />
5.1. Key findings<br />
5.2. 0W, 5W, 10W<br />
5.3. 15W, 20W, 25W<br />
6. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by Base Oil Source<br />
6.1. Key findings<br />
6.2. Mineral base oil<br />
6.3. Synthetic base oil<br />
6.4. Semi-synthetic base oil<br />
6.5. Others<br />
7. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by Base Oil Grade<br />
7.1. Key findings<br />
7.2. Grade 1<br />
7.3. Grade 2<br />
7.4. Grade 3<br />
7.5. Grade 4 & 5<br />
8. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by Application<br />
8.1. Key findings<br />
8.2. Compressor<br />
8.3. Transformers<br />
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
8.4. Bearings<br />
8.5. Natural Gas Engines<br />
8.6. Hydraulics<br />
8.7. Metal Working<br />
8.8. Heat Transfer Equipment<br />
8.9. Others<br />
9. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by End-use<br />
9.1. Key findings<br />
9.2. Automotive<br />
9.3. Oil Refining<br />
9.4. Textile Manufacturing<br />
9.5. Metalworking<br />
9.6. Petrochemical<br />
9.7. Industrial<br />
9.8. Others<br />
10. <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size and Forecast by Country<br />
10.1. Key findings<br />
10.2. <strong>Middle</strong> <strong>East</strong><br />
10.2.1. Saudi Arabia<br />
10.2.2. UAE<br />
10.2.3. Qatar<br />
10.2.4. Morocco<br />
10.2.5. Egypt<br />
10.2.6. Kuwait<br />
10.2.7. Oman<br />
10.2.8. Bahrain<br />
10.2.9. Rest of <strong>Middle</strong> <strong>East</strong><br />
11. Company Profiles<br />
11.1. ExxonMobil Corporation<br />
11.1.1. Overview<br />
11.1.2. Financials<br />
11.1.3. Product Type Benchmarking<br />
11.1.4. Recent Developments<br />
11.2. Royal Dutch Shell PLC.<br />
11.2.1. Overview<br />
11.2.2. Financials<br />
11.2.3. Product Type Benchmarking<br />
11.2.4. Recent Developments<br />
11.3. Chevron Corporation<br />
11.3.1. Overview<br />
11.3.2. Financials<br />
11.3.3. Product Type Benchmarking<br />
11.3.4. Recent Developments<br />
11.4. British Petroleum<br />
11.4.1. Overview<br />
11.4.2. Financials<br />
11.4.3. Product Type Benchmarking<br />
11.4.4. Recent Developments<br />
11.5. Mosil <strong>Lubricants</strong><br />
11.5.1. Overview<br />
11.5.2. Financials<br />
11.5.3. Product Type Benchmarking<br />
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
11.5.4. Recent Developments<br />
11.6. Bharat <strong>Lubricants</strong><br />
11.6.1. Overview<br />
11.6.2. Financials<br />
11.6.3. Product Type Benchmarking<br />
11.6.4. Recent Developments<br />
11.7. Oman Oil <strong>Market</strong>ing Company<br />
11.7.1. Overview<br />
11.7.2. Financials<br />
11.7.3. Product Type Benchmarking<br />
11.7.4. Recent Developments<br />
11.8. Arabol <strong>Lubricants</strong><br />
11.8.1. Overview<br />
11.8.2. Financials<br />
11.8.3. Product Type Benchmarking<br />
11.8.4. Recent Developments<br />
11.9. Sunoco <strong>Lubricants</strong><br />
11.9.1. Overview<br />
11.9.2. Financials<br />
11.9.3. Product Type Benchmarking<br />
11.9.4. Recent Developments<br />
11.10. S. <strong>Lubricants</strong><br />
11.10.1. Overview<br />
11.10.2. Financials<br />
11.10.3. Product Type Benchmarking<br />
11.10.4. Recent Developments<br />
Access Press Release on <strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong>:<br />
https://www.polarismarketresearch.com/press-releases/middle-east-finished-lubricantsmarket-size<br />
About Polaris <strong>Market</strong> Research<br />
Polaris <strong>Market</strong> Research is a global market research and consulting company. The company<br />
specializes in providing exceptional market intelligence and in-depth business research services for<br />
our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse<br />
customer base present across the industries of healthcare, technology, semi-conductors and<br />
chemicals among various other industries present around the world. We strive to provide our<br />
customers with updated information on innovative technologies, high growth markets, emerging<br />
business environments and latest business-centric applications, thereby helping them always to make<br />
informed decisions and leverage new opportunities. Adept with a highly competent, experienced and<br />
extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris<br />
endeavor to deliver value-added business solutions to our customers.<br />
E mail Id: sales@polarismarketresearch.com<br />
Web: www.polarismarketresearch.com<br />
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<strong>Middle</strong> <strong>East</strong> <strong>Finished</strong> <strong>Lubricants</strong> <strong>Market</strong> Size to Reach $2.14 Billion by 2026<br />
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