Middle East and Africa Lubricating Oil Additives Market Success Factors and Revenue Growth Insights - Key Player are BRB International BV, Celanese, Chevron, Tianhe Oil, Croda, Afton Chemical, Evonik, BASF, Eni, Baker Hughes, a GE company, Infineum

Middle East & Africa lubricating oil additives market research analysis and data lend a hand to businesses for the planning of strategies related to investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Besides this, market drivers, market restraints, opportunities and challenges are evaluated under market overview which gives valuable insights to businesses for taking right moves. Not to mention, the numerical data, statistical data, facts and figures are represented very well in the Middle East & Africa lubricating oil additives report by using charts, graphs and tables so that users can have best understanding. Company market share analysis and key company profiles are the major aspects of competitive analysis.

Middle East & Africa lubricating oil additives market is growing at a CAGR of 4.2% in the forecast period 2019 to 2026.

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Lubricating oil additives are the substances that are mainly used to enhance functional fluids and lubricants performance. Each of the additives is added to improve the functioning of one or more additives combined together. Largest use of such lubricating additives is in automotive engine which includes other applications such as hydraulic fluids and gear oils. Some of the major functional additives are detergents, oxidation inhibitors, anti-wear agents, viscosity index improvers and extreme pressure additives etc.

With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue and gross margins.

Market Segmentation: Middle East and Africa Lubricating Oil Additives Market

Middle East and Africa Lubricating Oil Additives Market By Functional Type [Anti Wear Agents, Detergents, Dispersants, Viscosity Index Improvers, Anti-Oxidants, Extreme Pressure Additives, Rust & Corrosion Inhibitors, Pour Point Depressants (PPD), Emulsifiers, Friction Modifiers, Oxidation Inhibitors, Other], Application (Industrial Oil, Metalworking Fluid, Process Oil, Engine Oil, Gear Oil, Hydraulics Fluid, Other), End-User (Industrial, Automotive), Country (U.A.E., Saudi Arabia, Israel, Egypt, South Africa and rest of Middle East & Africa) – Industry Trends and Forecast to 2026.

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Key Players: Middle East and Africa Lubricating Oil Additives Market

BASF, Eni, Baker Hughes, a GE company, Infineum, BRB International BV, Celanese, Chevron, Eastman Chemical Company, LANXESS, The Lubrizol Corporation, Shamrock Shipping and Trading Limited, Tianhe Oil, Croda, Afton Chemical, Evonik, R. T. Vanderbilt Co., Clariant, Jinzhou Kangtai Lubricant Additives Co,Ltd, Eurolube Australia, EUROLUB GmbH, Jinzhou Runda Chemical Co., Wynn's Europe, Ltd, MidContinental Chemical Company, Inc., International Petroleum Group, and others

Key Industry Improvements

In April 2018, Evonik, participated at IM CONVENTION 2018 in Germany that was about offering maximum productivity, better fuel economy and more power equipment.

In May 2018, Croda won ICIS Surfactant sustainability award for their new pioneering bio-ethylene oxide plant for meeting the growing demand of consumers for more environment sustainable and bio based products.

In September 2018, Eni marked the starting of the construction of the Hull for Coral South Floating LNG Unit. The unit is designed as such to accommodate all the storage facilities for all the substances that are processed and produced in the floating liquefaction plant.

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