Latest News- Lubricants Market in UAE: Mineral oil lubricants is expected to lead the Product segment during 2025-2029

The Lubricants Market in UAE is being driven by Rising demand for high performance lubricants

The Lubricants Market in UAE is expected to grow at a CAGR of 3.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 556.9 million. The UAE lubricants market is witnessing a shift towards the adoption of bio-based lubricants, driven by their environmental benefits and improved safety features. Compared to mineral-based lubricants, bio-based alternatives offer a cleaner work environment, reduced toxicity, and lower lifecycle costs due to decreased maintenance, storage, and disposal requirements. These eco-friendly lubricants provide enhanced safety through higher flashpoints, consistent viscosity, and minimized oil mist and vapor emissions. Companies, such as Abu Dhabi National Oil Co., are prioritizing the reduction of bioaccumulation and eco-toxicity in industrial lubricants to mitigate their environmental impact. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Mineral oil lubricants
  • Synthetic lubricants
  • Bio-based lubricants
• Type
  • Hydraulic fluid
  • Metal working fluid
  • Others
• End-user
  • Automotive
  • Heavy equipment
  • Metallurgy and metal working
  • Power generation
• Geography
  • UAE

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for high performance lubricants
• Growing demand for lubricants from end-user industries
• Increasing launch of new lubricants by vendors

However, the market also witnesses some limitations, which are as follows:

• Fluctuations in crude oil prices
• Negative environmental impact of lubricants
• Stringent government regulations on lubricants

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Market Scope in Lubricants Market in UAE Research Report

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Research Analysis Overview

The Lubricants Market in UAE focuses on various types of lubricants including gear lubricants, hydraulic oils, engine oils, and metalworking fluids for transport applications. Biodegradable lubricants are gaining popularity due to their environmental benefits, while conventional mineral oils continue to dominate. Energy consumption and operational costs are key concerns, with gear erosion and churning losses being major issues. Environmental standards and the impact on machinery functioning are also important considerations. The market caters to sectors like automotive, marine, and manufacturing, with specialized lubricants for electric vehicles, renewable energy, and tougher environments. Innovative ideas and advanced additives like anti-wear agents, extreme pressure additives, and viscosity index improvers are driving the market. Long-term maintenance costs and wear & tear are significant factors, with lubricant manufacturing being a crucial part of the industry. The market serves motor vehicle production, transportation & logistics, and automobile parts, with a focus on reducing environmental impact and improving thermal stability. The shift towards sustainable and eco-friendly solutions is influencing the market, with crude oil prices and older generation lubrication technology also playing a role.

Market Research Overview

The Lubricants Market in UAE experiences significant growth due to increasing demand for oxidation prevention additives in renewable energy applications, promoting industrial sustainability. Renewable lubricants, a subset of specialty chemicals, gain traction in the automotive sector, driving market expansion. Low-friction lubricants and advanced lubricant technology cater to the aerospace industry, ensuring optimal performance and corrosion protection. Friction reduction and wear prevention are key focus areas, aligning with the circular economy's principles. Lubricant testing and performance evaluation are crucial for market players to maintain competitive edge. Overall, the global specialty chemicals market, which includes manufacturers of high-value-added chemicals for various industries, will witness substantial growth due to the increasing demand for specialty adhesives and sealants, among other factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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