Middle East & Africa Lubricants Market worth 4,871.0 KT by 2019

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MarketsandMarkets Presents
Middle East Africa Lubricants Market worth
4,871.0 KT by 2019
http//www.marketsandmarkets.com/Market-Reports/mi
ddle-east-africa-lubricants-market-241633940.html
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The report "Middle East Africa Lubricants
Market by Type (Mineral Oil, Synthetic Oil,
Bio-based Oil, and Greases), by Application
(Passenger Vehicles, Commercial Vehicles,
Aviation and Marine and Industrial Machinery and
Equipment) - Global Trends Forecasts to 2019",
defines and segments the Middle East Africa
lubricants market with analysis and forecast in
terms of volume. Browse gtgt
72 data tables 53 figures
167 pages and in-depth TOC on
Middle East Africa Lubricants Market
http//www.marketsandmarkets.com/Market-Reports/m
iddle-east-africa-lubricants-market-241633940.html
Early buyers will receive 10 customization on
this report.
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Middle East and Africa market, together
accounted for over 10 share of the global market
in terms of volume in 2013. The growing
automotive, marine, and aviation industries have
led to an enhanced demand for lubricants from
these regions. The Iranian market was the largest
lubricants market in the Middle East Egypt was
the largest market in Africa, in terms of
consumption of lubricants in 2013. The market in
Nigeria in Africa and Iran in Middle East are
estimated to grow at high rates in the next five
years. The transportation sector has a high
consumption share in the Middle East Africa
lubricant market. The transportation and
non-transportation sectors are estimated to grow
exponentially. The adoption of synthetic
lubricants to increase the efficiency and reduce
the drain out time of vehicles is the current
trend in the automotive industry which is
boosting the overall lubricants demand for
automotive utilization in the Middle East
Africa. The need to enhance fuel efficiency of
vehicles has lead to replacement of traditional
lubricants with innovative and newer lubricants.
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ddle-east-africa-lubricants-market-241633940.html
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The top companies in the Middle East Africa
lubricants market include Royal Dutch Shell plc
(U.K.), ExxonMobil Corporation (U.S.), BP plc
(U.K.), Chevron Corporation (U.S.), Total S.A.
(France), Lukoil Oil Company (Russia), and
PetroChina Company Limited (China), among others.
The Middle East Africa lubricants industry has
witnessed high expansion and new product launches
in the recent past.
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ddle-east-africa-lubricants-market-241633940.html
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