The Middle East & Africa lubricants market is estimated to register a CAGR of 3.2 % between 2014 and 2019 and reach a volume of 4,871.0 KT. The demand for Middle East & Africa lubricants is increasing and will continue to increase due to the tremendous growth in the transportation and industrial sector. The development of the tourism, mining, quarrying industries in Africa and crude oil and natural gas exploration, construction industries in the Middle East is significantly contributing to the increase in lubricants consumption in the region.

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Competitive developments of top players in the Middle East & Africa lubricants market have been discussed in detail. The leading players of this industry are 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 have been profiled with their recent developments and other strategic industry activities.

Lubricants find application in the passenger vehicles, commercial vehicles, aviation and marine and industrial machinery and equipment sectors. The Middle East & Africa lubricants market by application type has recorded significant growth in the past few years and this growth is estimated to persist in the coming years due to the increasing demand of lubricants in these applications. The high consumption of lubricants by the transportation sector drives the lubricants market in the region.

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This report essentially aims to estimate the market of lubricants in the Middle East & Africa for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the Middle East & Africa lubricants market. The research methodology of the report involved the utilization of various secondary sources, such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of the market. The primary sources–experts from related industries and suppliers–were interviewed to obtain and verify critical information as well as to assess the future prospects of the Middle East & Africa lubricants market.

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