UAE Automotive Lubricants Market Outlook (2018 to 2032)
The above chart is UAE Automotive Lubricants Market Outlook (2018 to 2032)
uae is one of the largest automotive lubricants markets in mena, with more than 3.6 million vehicles registered in 2017. this huge demand for lubricants comes mainly from the difc (dubai international financial center) and the diversified economy setup in uae. current market trends for automotive lubricants include increasing importance of the environmentally friendly lubricants, improved cost efficiency and extended working life of lubricants. these factors have been recognised as important factors influencing purchase of automotive lube in uae. to meet the increasing demand for automotive lubricants, many international brands have made entry into uae, making the market highly competitive. in order to better understand the future demand for automotive lubricants in uae, it is important to consider the changes in the demand drivers in the transport of different classes and types of vehicles. the types of vehicles used in the uae vary by purpose and include cars and light commercial vehicles, suvs and mpvs, trucks and buses, leisure vehicles, etc. each of these vehicle types will have different lubricant requirements based on the engine type, load capacity, consumption rates, etc. the shift in demand from petrol/diesel powered vehicles to electric and hybrid vehicles will also have to be considered in the future demand for automotive lubes. furthermore, the demand for automotive lubricants is also closely linked to the various government regulations in the uae, such as the federation of automobile clubs of united arab emirates (facuae). this is an important factor, since facuae requires that all vehicles in the uae must use high-quality original motor oils and lubricants, which must conform to international standards. to benefit from the growth in the uae auto lubricant sector over the next two decades, it will be important for international lubricant brands to invest in marketing, product research & development, and technological capabilities in order to meet the ever-changing customer requirements. with growing awareness among customers, companies must strive to identify customer needs and develop products that match them. development of new technologies such as synthetic lubricants and green lubricants will be important to meet the increasing demand for quality, cost-effective and long-lasting lubricants in the uae market.