Middle East & Africa Biolubricants Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– by Base Oil (Vegetable Oils, Animal Fats, and Others), Application (Gear Oils, Hydraulic Oils, Metalworking Fluids, Greases, and Others), and End Use (Automotive, Industrial, Marine, Agriculture & Forestry, and Others)
The Middle East & Africa biolubricants market is expected to grow from US$ 33.80 million in 2022 to US$ 38.64 million by 2028. It is estimated to register a CAGR of 2.3% from 2022 to 2028.
Rising Research and Development to Enhance Performance of Biolubricants Drives Middle East & Africa Biolubricants Market
Compared to mineral oils, biolubricants show a significant degree of biodegradability, a lower amount of toxicity, higher viscosity indices, higher flash points, and better adherence to metal; however, they suffer from lower pour points and oxidative stability. The increasing attention toward sustainability and environmental concerns has driven the substitution of mineral oils with biolubricants. Research & development is being done on biolubricants for effective lubrication with superior tribological performance under a wide range of operating conditions and contact geometries. To take advantage of the high viscosities, biodegradability, and flash points, much of the research has attempted to improve the weaknesses of the vegetable oil base, i.e., the thermal and oxidative stabilities through chemical modification or additives. The inherent unsaturation in plant oils makes them perform poorly in extreme temperatures. To overcome this, chemical modification such as epoxidation of the double bonds has been used. Most additives are common in mineral and plant oils. However, due to the toxicity of currently used additives, research is required to develop and use alternate bio-based additives. Sensitive environments such as marine and forestry and the push for safe and sustainable lubricants drive research & development for improved bio-based lubricants. Various manufacturers are launching products made from recovered raw materials, which helps them reduce raw material costs. In October 2019, NextChem, a Maire Tecnimont subsidiary, launched a project with SO.G.I.S. for the recovery of residual fats to produce oleic acid, an intermediate product used for biolubricants production. These biolubricants are suitable to be used in naval transport due to their biodegradability and biocompatibility and suitable to be used in severe environmental conditions, such as in aeronautical systems, due to their fluid dynamic properties at low and very low temperatures. Thus, launching such innovative projects and increased research & development to enhance the performance of biolubricants would boost the Middle East and Africa biolubricants market growth over the coming years.
Middle East & Africa Biolubricants Market Overview
The Middle East & Africa biolubricants market growth is attributed to the high demand for biolubricants from industries such as oil & gas, automotive, and marine. The growing automotive sales in South Africa and Saudi Arabia are creating a significant demand for biolubricants. Biolubricants are used in manufacturing different vehicle components. Further, the strong presence of the oil & gas sector in Middle Eastern countries, such as Saudi Arabia, Iraq, the UAE, Iran, and Kuwait, creates a huge demand for biolubricants. The biolubricants market is also driven by local regulations in the region, which helps reduce carbon emissions by lowering the greenhouse effect. The demand for vehicles made in the Middle East & Africa is growing consistently. These biolubricants offer outstanding performance, increase machine life, and lower maintenance costs. Rising middle-class income, increasing population, and the total increase in passenger vehicle production are among the other factors driving the biolubricants market in the region.
Middle East & Africa Biolubricants Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Biolubricants Market Segmentation
The Middle East & Africa biolubricants market is divided into base oil, application, end use, and country.
Based on base oil, the Middle East & Africa biolubricants market is segmented into vegetable oils, animal fats, and others. The vegetable oils segment held the largest Middle East & Africa biolubricants market share in 2022.
Based on application, the Middle East & Africa biolubricants market is segmented into gear oils, hydraulic oils, metalworking fluids, greases, and others. The hydraulic oils segment held the largest Middle East & Africa biolubricants market share in 2022.
Based on end use, the Middle East & Africa biolubricants market is segmented into automotive, industrial, marine, agriculture & forestry, and others. The industrial segment held the largest Middle East & Africa biolubricants market share in 2022.
Based on country, the Middle East & Africa biolubricants market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa biolubricants market in 2022.
Carl Bechem GmbH, Fuchs Petrolub SE, Kluber Lubrication GmbH & Co KG, Shell Plc, and TotalEnergies SE are among the leading companies operating in the Middle East & Africa biolubricants market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East and Africa Biolubricants Market, by Base Oil
1.3.2 Middle East and Africa Biolubricants Market, by Application
1.3.3 Middle East and Africa Biolubricants Market, by End Use
1.3.4 Middle East and Africa Biolubricants Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Middle East and Africa Biolubricants Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Middle East and Africa Biolubricants Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automobile Sector
5.1.2 Surging Demand for Bio-based and Sustainable Products in Various Industries
5.2 Market Restraints
5.2.1 High Cost and Difficulty in Obtaining Desired Properties of Biolubricants
5.3 Market Opportunities
5.3.1 Increasing Demand for Biolubricants from Marine Industry
5.4 Future Trends
5.4.1 Rising Research and Development to Enhance Performance of Biolubricants
5.5 Impact Analysis of Drivers and Restraint
6. Biolubricants – Middle East and Africa Market Analysis
6.1 Middle East and Africa Biolubricants Market Overview
6.2 Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
7. Middle East and Africa Biolubricants Market Analysis – By Base Oil
7.1 Overview
7.2 Middle East and Africa Biolubricants Market, By Base Oil (2021 and 2028)
7.3 Vegetable Oils
7.3.1 Overview
7.3.2 Vegetable Oils: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Animal Fats
7.4.1 Overview
7.4.2 Animal Fats: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East and Africa Biolubricants Market Analysis – By Application
8.1 Overview
8.2 Middle East and Africa Biolubricants Market, By Application (2021 and 2028)
8.3 Gear Oil
8.3.1 Overview
8.3.2 Gear Oil: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Hydraulic Oil
8.4.1 Overview
8.4.2 Hydraulic Oil: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Metalworking Fluids
8.5.1 Overview
8.5.2 Metalworking Fluids: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Greases
8.6.1 Overview
8.6.2 Greases: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East and Africa Biolubricants Market Analysis – By End Use
9.1 Overview
9.2 Middle East and Africa Biolubricants Market, By End Use (2021 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial
9.4.1 Overview
9.4.2 Industrial: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Marine
9.5.1 Overview
9.5.2 Marine: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Agriculture & Forestry
9.6.1 Overview
9.6.2 Agriculture & Forestry: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
10. Middle East and Africa Biolubricants Market – Country Analysis
10.1 Overview
10.1.1 Middle East and Africa Biolubricants Market, by Key Country
10.1.1.1 South Africa: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Middle East and Africa Biolubricants Market, By Base Oil
10.1.1.1.2 South Africa: Middle East and Africa Biolubricants Market, By Application
10.1.1.1.3 South Africa: Middle East and Africa Biolubricants Market, By End Use
10.1.1.2 Saudi Arabia: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Saudi Arabia: Middle East and Africa Biolubricants Market, By Base Oil
10.1.1.2.2 Saudi Arabia: Middle East and Africa Biolubricants Market, By Application
10.1.1.2.3 Saudi Arabia: Middle East and Africa Biolubricants Market, By End Use
10.1.1.3 UAE: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 UAE: Middle East and Africa Biolubricants Market, By Base Oil
10.1.1.3.2 UAE: Middle East and Africa Biolubricants Market, By Application
10.1.1.3.3 UAE: Middle East and Africa Biolubricants Market, By End Use
10.1.1.4 Rest of Middle East and Africa: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by Base Oil
10.1.1.4.2 Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by Application
10.1.1.4.3 Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by End Use
11. Industry Landscape
11.1 Product launch
11.2 Product Approval
11.3 Company News
12. Company Profiles
12.1 Fuchs Petrolub SE
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Carl Bechem GmbH
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 TotalEnergies SE
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Shell Plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Kluber Lubrication GmbH & Co KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa: Middle East and Africa Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Middle East and Africa Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Middle East and Africa Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 5. Saudi Arabia: Middle East and Africa Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 6. Saudi Arabia: Middle East and Africa Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Middle East and Africa Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 8. UAE: Middle East and Africa Biolubricants Market, By Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 9. UAE: Middle East and Africa Biolubricants Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE: Middle East and Africa Biolubricants Market, By End Use – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by Base Oil – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Middle East and Africa: Middle East and Africa Biolubricants Market, by End Use – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Middle East and Africa Biolubricants Market
LIST OF FIGURES
Figure 1. Middle East and Africa Biolubricants Market Segmentation
Figure 2. Middle East and Africa Biolubricants Market Segmentation – By Country
Figure 3. Middle East and Africa Biolubricants Market Overview
Figure 4. Middle East and Africa Biolubricants Market, By Base Oil
Figure 5. Middle East and Africa Biolubricants Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Ecosystem: Middle East and Africa Biolubricants Market
Figure 8. Expert Opinions
Figure 9. Middle East and Africa Biolubricants Market Impact Analysis of Drivers and Restraints
Figure 10. Middle East and Africa Biolubricants Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Middle East and Africa Biolubricants Market Revenue Share, By Base Oil (2021 and 2028)
Figure 12. Vegetable Oils: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13. Animal Fats: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14. Others: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 15. Middle East and Africa Biolubricants Market Revenue Share, By Application (2021 and 2028)
Figure 16. Gear Oil: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17. Hydraulic Oil: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Metalworking Fluids: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 19. Greases: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21. Middle East and Africa Biolubricants Market Revenue Share, By End Use (2021 and 2028)
Figure 22. Automotive: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 23. Industrial: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24. Marine: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Agriculture & Forestry: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26. Others: Middle East and Africa Biolubricants Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Middle East and Africa Biolubricants Market, By Country– Revenue and Forecast to 2028 (US$ Million)
Figure 28. Middle East and Africa Biolubricants Market Revenue Share, by Key Country (2021 and 2028)
Figure 29. South Africa: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Saudi Arabia: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. UAE: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Middle East and Africa: Middle East and Africa Biolubricants Market –Revenue and Forecast to 2028 (US$ Million)
- Carl Bechem GmbH
- Fuchs Petrolub SE
- Kluber Lubrication GmbH & Co KG
- Shell Plc
- TotalEnergies SE
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa biolubricants market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa biolubricants market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.