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Middle East Lubricants Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2027

The Middle East Lubricants Market is segmented by End User ( Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation ) , by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils ) and by Country ( Iran, Qatar, Saudi Arabia, Turkey, UAE )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2027
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User: Automotive
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: Iran
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: NaN %

Key Players

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Market Overview

The Middle East Lubricants Market stood at 2.44 billion liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

  • Largest Segment by End-user Industry - Automotive : Among all end-user segments, automotive is the largest end user due to the high proportion of engine and gear oil usage in motor vehicles than other industrial applications.
  • Fastest Segment by End-user Industry - Metallurgy & Metalworking : Due to rising demand for low-cost energy from natural-gas-fueled power plants, power generation is likely to be the fastest-growing lubricant end user in the Middle East.
  • Largest Country Market - Iran : Iran is the largest lubricant market in the Middle East, as the country possesses a higher number of motor vehicles and active industrial machinery than any other country.
  • Fastest Growing Country Market - UAE : Turkey is expected to be the fastest-growing lubricant-consuming country in the Middle East due to increased ownership of used vehicles and a growing heavy-equipment sector.

Scope of the Report

By End User
Automotive
Heavy Equipment
Metallurgy & Metalworking
Power Generation
Other End-user Industries
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Metalworking Fluids
Transmission & Gear Oils
Other Product Types
By Country
Iran
Qatar
Saudi Arabia
Turkey
UAE
Rest of Middle East

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Key Market Trends

Largest Segment By End User : Automotive

  • In 2020, the Middle Eastern lubricant market was dominated by the automotive industry, which accounted for around 58.9% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive industry increased by around 8.69%.
  • In 2020, COVID-19-related restrictions led to decreased maintenance requirements from several industries. The major impact was observed in the automotive industry, which recorded a dip of 6.86% during 2019-2020, followed by heavy equipment (6.1%) during the year.
  • Power generation is expected to be the fastest-growing end-user industry of the market studied, recording a CAGR of 5.33% during 2021-2026, followed by automotive (3.22%). The growing capacity addition of power generation in the country is anticipated to drive lubricant consumption in the power generation industry.

Largest Country : Iran

  • In 2020, Iran was the leading consumer of lubricants in the Middle Eastern region, accounting for around 34.6% of the region's total lubricant consumption. During 2015-2019, lubricant consumption in Iran increased by 4.36%.
  • In 2020, the COVID-19 outbreak restrained the operations of several industries, including lubricant consumption, across the Middle Eastern region. The United Arab Emirates was the most affected, with a 9.1% drop in its lubricant consumption during 2019-2020, followed by Qatar (8.3% drop).
  • Turkey is likely to be the fastest-growing lubricants market in the Middle East during the forecast period, with a CAGR of around 4.94%. The recovering automotive sales and usage and the growing industrial activities are likely to drive lubricant growth in countries like Qatar, Saudi Arabia, and the United Arab Emirates.

Competitive Landscape

The Middle East Lubricants Market is moderately consolidated, with the top five companies occupying 42.80%. The major players in this market are Behran Oil Company, BP Plc (Castrol), Petromin Corporation, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
  • March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.
  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines – ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.

Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1 Study Assumptions & Market Definition

    2. 2.2 Scope of the Study​

    3. 2.3 Research Methodology

  3. 3. Key Industry Trends

    1. 3.1 Automotive Industry Trends

    2. 3.2 Manufacturing Industry Trends

    3. 3.3 Power Generation Industry Trends

    4. 3.4 Regulatory Framework

    5. 3.5 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By End User

      1. 4.1.1 Automotive

      2. 4.1.2 Heavy Equipment

      3. 4.1.3 Metallurgy & Metalworking

      4. 4.1.4 Power Generation

      5. 4.1.5 Other End-user Industries

    2. 4.2 By Product Type

      1. 4.2.1 Engine Oils

      2. 4.2.2 Greases

      3. 4.2.3 Hydraulic Fluids

      4. 4.2.4 Metalworking Fluids

      5. 4.2.5 Transmission & Gear Oils

      6. 4.2.6 Other Product Types

    3. 4.3 By Country

      1. 4.3.1 Iran

      2. 4.3.2 Qatar

      3. 4.3.3 Saudi Arabia

      4. 4.3.4 Turkey

      5. 4.3.5 UAE

      6. 4.3.6 Rest of Middle East

  5. 5. Competitive Landscape

    1. 5.1 Key Strategic Moves

    2. 5.2 Market Share Analysis

    3. 5.3 Company Profiles

      1. 5.3.1 ADNOC

      2. 5.3.2 Behran Oil Company

      3. 5.3.3 BP Plc (Castrol)

      4. 5.3.4 ExxonMobil Corporation

      5. 5.3.5 Iranol Oil Company

      6. 5.3.6 Petrol ofisi

      7. 5.3.7 Petromin Corporation

      8. 5.3.8 Qatar Lubricants Company (QALCO)

      9. 5.3.9 Royal Dutch Shell Plc

      10. 5.3.10 TotalEnergies

  6. 6. Appendix

    1. 6.1 Appendix-1 References

    2. 6.2 Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

    Figure 1:  

    VEHICLE POPULATION, NUMBER OF UNITS, MIDDLE EAST, 2015 - 2026

    Figure 2:  

    COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, MIDDLE EAST, 2015 - 2026

    Figure 3:  

    MOTORCYCLES POPULATION, NUMBER OF UNITS, MIDDLE EAST, 2015 - 2026

    Figure 4:  

    PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, MIDDLE EAST, 2015 - 2026

    Figure 5:  

    MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), MIDDLE EAST, 2015 - 2020

    Figure 6:  

    POWER GENERATION CAPACITY, GIGAWATT (GW), MIDDLE EAST, 2015 - 2020

    Figure 7:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2026

    Figure 8:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2020

    Figure 9:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2026

    Figure 10:  

    MIDDLE EAST LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 11:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2026

    Figure 12:  

    MIDDLE EAST LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 13:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2026

    Figure 14:  

    MIDDLE EAST LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 15:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2026

    Figure 16:  

    MIDDLE EAST LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 17:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2026

    Figure 18:  

    MIDDLE EAST LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 19:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

    Figure 20:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 21:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

    Figure 22:  

    MIDDLE EAST LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2020

    Figure 23:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

    Figure 24:  

    MIDDLE EAST LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2020

    Figure 25:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

    Figure 26:  

    MIDDLE EAST LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2020

    Figure 27:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2026

    Figure 28:  

    MIDDLE EAST LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2020

    Figure 29:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2026

    Figure 30:  

    MIDDLE EAST LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2020

    Figure 31:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2026

    Figure 32:  

    MIDDLE EAST LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2020

    Figure 33:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, BY COUNTRY, 2015-2026

    Figure 34:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME SHARE (%), BY COUNTRY, 2020

    Figure 35:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, IRAN, 2015-2026

    Figure 36:  

    MIDDLE EAST LUBRICANTS MARKET, IRAN, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 37:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, QATAR, 2015-2026

    Figure 38:  

    MIDDLE EAST LUBRICANTS MARKET, QATAR, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 39:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, SAUDI ARABIA, 2015-2026

    Figure 40:  

    MIDDLE EAST LUBRICANTS MARKET, SAUDI ARABIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 41:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, TURKEY, 2015-2026

    Figure 42:  

    MIDDLE EAST LUBRICANTS MARKET, TURKEY, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 43:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, UAE, 2015-2026

    Figure 44:  

    MIDDLE EAST LUBRICANTS MARKET, UAE, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 45:  

    MIDDLE EAST LUBRICANTS MARKET, VOLUME IN LITERS, REST OF MIDDLE EAST, 2015-2026

    Figure 46:  

    MIDDLE EAST LUBRICANTS MARKET, REST OF MIDDLE EAST, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 47:  

    MIDDLE EAST LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 48:  

    MIDDLE EAST LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 49:  

    MIDDLE EAST LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

Market Definition

  • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
  • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
  • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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03. Exhaustive Data
Tracking a million data points on the lubricants industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the lubricants industry.

Frequently Asked Questions

The Middle East Lubricants Market market is studied from 2015 - 2027.

The Middle East Lubricants Market stood at 2.44 billion liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

Among all end-user segments, automotive is the largest end user due to the high proportion of engine and gear oil usage in motor vehicles than other industrial applications.

Due to rising demand for low-cost energy from natural-gas-fueled power plants, power generation is likely to be the fastest-growing lubricant end user in the Middle East.

Iran is the largest lubricant market in the Middle East, as the country possesses a higher number of motor vehicles and active industrial machinery than any other country.

Turkey is expected to be the fastest-growing lubricant-consuming country in the Middle East due to increased ownership of used vehicles and a growing heavy-equipment sector.

Behran Oil Company,BP Plc (Castrol),Petromin Corporation,Royal Dutch Shell Plc and TotalEnergies. are the major companies operating in Middle East Lubricants Market.