The lubricants market in the Middle East is still pretty new compared to other places, but it is growing fast. It is expected to get 2% bigger from 2019 to 2024, and 6.5% bigger from 2019 to 2026. It could be worth about 2.14 billion US dollars. What does this mean for the industry and businesses in the Middle East?
What’s Helping the Middle East Lubricants Market Grow
The Middle East’s lubricants market is growing for many reasons. The biggest reason is that industries in Saudi Arabia, the UAE, and Iran need a lot of lubricants. Besides industrial lubricants, engine oil is also becoming more popular. This is because people want high performance automotive lubricants for their cars, like semi-synthetic and full-synthetic engine oils that help cars run smoothly.
Engine Oils
Engine oil is very important and is expected to be the biggest part of the market because of many reasons:
- New types of engine oils made by trusted companies help protect the engine from wearing out, stopping rust, and keeping the engine working well.
- Special engine oils for cars that have been driven a lot help engines work better to stop oil from burning up and stop leaks. This helps cars last longer, even in hot weather or tough conditions.
- Cars are getting older on the road, but new and better engine oils help keep them running safely.
- Synthetic engine oils and new ingredients are being made to help reduce pollution from cars.
- Many people are driving their cars longer, and some buy fancy cars that need special engine oils to handle high heat.
- New types of car gearboxes, like CVTs and automatic ones, need special fluids to work properly and last a long time.
Other Oil Needs
Even though cars use the most oil, there are other important reasons why oil is needed. One big reason is the metalworking industry, which uses special oils for things like grinding and stamping metal. Also, as more power plants and power grids are built in the Middle East, they need special oils, too. These oils help keep the machines that send electricity working well.
High-Performance Lubricants Have Cost Challenges During New Innovations
More companies are trying to be eco-friendly by using synthetic and bio-based lubricants. But the higher cost makes it hard for everyone to use them.
Synthetic lubricants work better and last longer, and they are better for the environment, but they are more expensive.
Bio-based lubricants are a new option, especially for businesses that have rules to use green products.
What This Means for Your Lubricants Business in the Middle East
The Middle East lubricants market is growing, and this affects businesses in the region. One big change is more competition. As more local companies start making oils and lubricants, they compete with well-known companies like Fubex Lubricants.
Final Words
The good news is that you now have more choices than ever to find the best lubricants for what you need—whether it’s for your car, a group of business vehicles, or boats.
Fubex Lubricants is known as one of the best lubricant manufacturer in the UAE. Fubex has done a great job with new products, helping customers, and leading the market. After 12 years of success, Fubex Lubricants is ready to keep growing and making even better products in the future.
Editor-at-Large
A passionate writer in the lubricant industry, Awais Iqbal has been covering oils, greases, and industrial fluids since the start of his career. At 25, he’s already written for blogs, catalogs, and brand guides across the UAE. Awais’s insights help companies connect with their audience, and his clear, helpful writing style is trusted by brands in the region.
