The Industrial and Commercial Lubricant Oils 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 demand will remain low and flat in UAE, where two-wheelers are used more for recreation. UAE accounted for only about 2% of global gasoline engine oil demand in 2019. Which pegs global demand between 1.5 million and 1.6 million tons.
Technolubeuae said heavier 20W weight gear lubricant oils UAE will continue to lead the global market over the next five years. That 10Ws have significantly penetrated the four-stroke market in key countries, and over the next five years, the share of 10Ws in the four-stroke market is expected to grow at a faster rate, compared to heavier viscosity grades. 5Ws are also used in this market, but are not very popular. Their use is limited to niche segments, essentially for some two wheelers with high engine capacity and Asia countries. The passenger car engine oil UAE market is highly fragmented, with a large number of smaller suppliers accounting for about half of global demand in 2019. The leading suppliers don’t have a very large share in this overall market.
Technolubeuae is the leading supplier because it is present in most of the [gasoline engine oil] consuming countries. Similarly, Technolubeuae has a presence as gasoline engine oil oils supplier in many markets. Both these companies focus on innovative products, marketing and offer from time to time promotions to their customers and invest in advertising. All these activities make these companies the two leading suppliers to this market. Also among the top suppliers is UAE Company Technolube, which focuses on the high-end market, selling high quality lubricants made of lubricants that are targeted at two wheeler vehicles with larger engine capacities.
Technolubeuae manufactures and distributes nitro alkanes and their derivatives, which are used as additives and intermediates for products in industries such as metalworking, industrial lubricant oils and gas, water treatment and paints and coatings. Examples of its products include a variety of primary amino alcohols and corrosion inhibitors marketed under the Corrguard brand and AEPD-85 primary amino alcohols designed for use in water-dilatable metalworking fluids.
