How big is the Uae Lubricants Market?

The Uae Lubricants Market size is expected to reach 159.81 million Liters in 2024 and grow at a CAGR of 4.04% to reach 173.00 million Liters by 2026. Read More

What is the current Uae Lubricants Market size?

In 2024, the Uae Lubricants Market size is expected to reach 159.81 million Liters. Read More

Who are the key players in Uae Lubricants Market?

ADNOC, Emirates Lube Oil Co. Ltd, EPPCO Lubricants, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Uae Lubricants Market. Read More

Which segment has the biggest share in the Uae Lubricants Market?

In the Uae Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which is the fastest growing segment in the Uae Lubricants Market?

In 2024, the Power Generation segment accounts for the fastest growing by end user in the Uae Lubricants Market. Read More

What years does this Uae Lubricants Market cover, and what was the market size in 2023?

In 2023, the Uae Lubricants Market size was estimated at 154.44 million Liters. The report covers the Uae Lubricants Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Uae Lubricants Market size for years: 2024, 2025 and 2026. Read More

Uae Lubricants Market Trends

Statistics for the 2023 & 2024 Uae Lubricants market trends, created by Mordor Intelligence™ Industry Reports. Uae Lubricants trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of uae lubricants Industry

This section covers the major market trends shaping the UAE Lubricants market according to our research experts:

Largest Segment By End User : Automotive

In 2020, the UAE lubricants market was dominated by the automotive segment, which accounted for around 58% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive segment increased by around 7.9%.
In 2020, the COVID-19 pandemic-related restrictions led to declined maintenance requirements from several sectors. The major impact was observed in the automotive sector, which recorded a dip of 12.4%, followed by heavy equipment (9.9%), during the year over 2019.
Power generation is likely to be the fastest-growing end-user sector of the market studied, recording a CAGR of 5.5% over the period 2021-2026, followed by metalworking and metallurgy (3.52%). The increasing vehicle population in the country is likely to drive the consumption of lubricants in the automotive sector.