Middle East & Africa Automotive Engine Oil Market Outlook

the middle east and africa automotive engine oil market outlook is very positive going into 2018. the market is expected to experience growth due to a number of factors. the demand for high-performance and premium quality oils is on the rise, and the market is also witnessing a significant increase in the production of vehicles in this region. the middle east and africa account for nearly 38% of the world’s fuel consumption and are projected to experience a much higher growth rate in vehicle production and sales compared to the global average. thus, the demand for automotive engine oil is expected to grow rapidly in this region. factors such as the rise in disposable income, vehicle ownership and expenditure on automotive accessories are further adding to the growth of the market. moreover, the expanding network of service stations in the region has resulted in increased demand for engine oil. many countries in the middle east and africa are assessing measures to reduce or eliminate engine oil waste. this is projected to create an increased market for engine oil recycling and remaking in coming years. manufacturers are expected to focus on producing high-performance engine oil, in response to the increased demand. this would include improved additives which enhance the lubricating and cooling capabilities of the engine oil, as well as better filtration systems to reduce wear and tear. in addition, producers are likely to emphasis on environmentally-friendly engine oil products. these include synthetic oils with low volatility rates which reduce emissions, and biodegradable water-based oils that reduce pollution. therefore, the middle east and africa automotive engine oil market outlook for the years 2018 to 2032 is expected to remain positive, given the impetus provided by the region’s rapidly growing automotive industry. the changing dynamics of the market are likely to create significant opportunities for producers and users of engine oil products in this region.