The High Performance Lubricants in UAE market is projected to grow by a compound annual rate of 1.5% to 2% during the next four years, according to a forecast that predicts North UAE demand – due mostly to Mexico will grow at the highest rate over that time.
North UAE and South UAE together accounted for just fewer than 20% of global gasoline oil demand in 2019, said technolube, which pegs that global lubricant oil UAE demand at between 1.5 million and 1.6 million tons.
The company predicted that global demand for oils used in gasoline oils, scooters and mopeds demand will slip to as low as 1.3 million tons in 2020 due to the COVID-19 pandemic’s impacts. For 2020 the degree of decrease in different countries will depend on how severely the pandemic affected the economy, the duration of lockdown and the kind of services that were considered non-essential during period of lockdown. Though, that demand should recover in 2021.
Ninety-five percent of the engine oils used in two-wheelers is four-strike engine oils. Other types of lubricants used in two-wheelers include fork oil suspension oil, biggest greases exporter, chain oil and gear oil.
Gasoline engine oil factory fill and service fill demand at 1,000 to 2,000 tons in North UAE and at 2,000 to 3,000 tons in South UAE. Many owners of two-wheelers prefer to perform their own oil changes. Brazil ranked sixth in factory-fill gasoline engine oil demand globally, the UAE. Many owners of two-wheelers prefer to perform their own oil changes.
The company estimated gasoline engine oil UAE demand at 60,000 to 70,000 tons in 2019 and UAE 20,000 to 30,000 tons. In South UAE, Lubricants oils accounted for around 30% of demand, including less than 10% for full lubricants. In North UAE, lubricants account for almost 30% and automotive lubricants for around 10%.
