At 8.2% CAGR, the Middle East & Africa Robotics Lubricants Market is projected to be worth US$ 258.28 million by 2028, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa robotics lubricants market was valued at US$ 160.74 million in 2022 and is expected to reach US$ 258.28 million by 2028, registering a CAGR of 8.2% from 2022 to 2028. Adoption of synthetic oil-based robotics lubricants and penetration of robotics in manufacturing sector are the critical factors attributed to the Middle East & Africa Robotics lubricants market expansion.               

Synthetic oil-based robotics lubricants are widely used in industrial operations and the automotive sector, owing to their advantages. Polyalphaolefin lubricant is the most common synthetic oil utilized in robots in automotive and industrial sectors. It possesses optimum physical and chemical properties, such as high viscosity index, low volatility, low pour point, and thermal stability. The American Petroleum Institute (API) has categorized base oil into 5 groups. Group I, II and III are mineral oils, whereas group IV base oil is fully synthetic. Group IV base oils are high-quality oils used for high-performance applications and low-viscosity motor oils in technically advanced engines. Blending flexibility due to advancements in additive technology and growing fuel efficiency standards are some of the key factors that have the potential to boost sales of high-quality group III base synthetic lubricants. Synthetic lubricants are chemically modified and preferred over mineral oil. Robotics lubricant manufacturers prefer synthetic base oil to reduce dependency on nonrenewable resources such as petroleum and crude oil. Several robotics lubricant manufacturers are focused on research and development of synthetic lubricant formulations to provide improved oxidation stability. Further, advanced lubricants have a major role in reducing carbon emissions during the manufacturing process. In the past few years, end-use industries such as automotive and electrical & electronics have launched various initiatives and policies to reduce carbon footprint and carbon emissions, which is leading to the adoption of synthetic lubricants for robotics applications. Therefore, the adoption of synthetic oil-based robotic lubricants is expected to be a major trend in the Middle East & Africa robotics lubricants market during the forecast period. 

On the contrary, volatility in prices of raw materials hurdles the growth of Middle East & Africa robotics lubricants market.

Based on base oil, the Middle East & Africa robotics lubricants market is segmented into mineral oil, synthetic oil, and others. The mineral oil segment held 93.2% share of Middle East & Africa Robotics lubricants market in 2022, amassing US$ 149.79 million. It is projected to garner US$ 241.48 million by 2028 to expand at 8.3% CAGR during 2022–2028.

Based on product type, the Middle East & Africa robotics lubricants market is segmented into hydraulic oil, gear oil, and grease. The grease segment held 59.4% share of Middle East & Africa Robotics lubricants market in 2022, amassing US$ 95.53 million. It is projected to garner US$ 152.71 million by 2028 to expand at 8.1% CAGR during 2022–2028.

Based on end use industry, the Middle East & Africa robotics lubricants market is segmented into automotive, food and beverage, medical and healthcare, electrical and electronics, metals, and other manufacturing industries. The automotive segment held 35.6% share of Middle East & Africa Robotics lubricants market in 2022, amassing US$ 57.25 million. It is projected to garner US$ 92.93 million by 2028 to expand at 8.4% CAGR during 2022–2028.  

Based on country, the Middle East & Africa robotics lubricants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 37.5% share of Middle East & Africa Robotics lubricants market in 2022. It was assessed at US$ 60.34 million in 2022 and is likely to hit US$ 99.74 million by 2028, exhibiting a CAGR of 8.7% during the forecast period.  

Key players profiles in the Middle East & Africa robotics lubricants market report BP Plc, Fuchs Petrolub SE, Idemitsu Kosan Co Ltd, Kluber Lubrication GmbH & Co KG, Schaeffler Austria GmbH, and Shell Plc, among others.

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