Uganda Lubricants Sales volume is expected to reach around 78 Million Liters by 2023: Ken Research

Key Trends

• Increasing demand for semi-synthetic and synthetic lubricants is expected to drive the growth in lubricants market of Uganda, especially for industrial lubricants.
• Introduction of petroleum pipeline in Hoima region, Uganda is further anticipated to augment market demand.
• Uganda presently does not have any National Aircraft Carrier however; it is in process of getting started. Several developmental activities are being taken by the Ugandan government to improve the aviation facilities and this would surely increase the demand of aviation based automotive lubricants.

New National Airline of Uganda: Ugandan government took several new initiatives in the recent years such as the introduction of National Aircraft Carrier which will help Uganda in improving its Aviation sector. The Government is working on increasing the fleet size and expansion through building new ports for instance, opening of a new international airport at Kabale region (Western Uganda) by the year ending 2021. It is expected to contribute to the growth of aviation lubricants market through increased demand from aviation sector and related transportation activities.

Increasing Demand for Industrial Lubricants from End Users: The contribution of the manufacturing sector in the GDP of Uganda has been constantly rising over the past few years and is expected to grow in the near future. The contribution was evaluated at UGX 4,677.3 billion in 2018 and is estimated to increase to UGX 5,567.7 billion by the year ending 2022. Moreover, the increasing government expenditure on the development of infrastructure in the country is expected to increase the share of construction sector in the GDP of the country. The contribution of construction sector towards GDP was evaluated at UGX 4,027.1 billion in 2018 and is further estimated to increase to UGX 5,081.3 billion by the year ending 2022. As a result, the heavy machinery so used for these sectors will drive the demand for industrial lubricants in Uganda.

Anticipated Increase in Extraction and Production of Crude Oil: East Africa Crude Oil Pipeline (EACOP) which is a 1,445 heated pipeline from Hoima in mid-western Uganda to the Indian Ocean port of Tanga in Tanzania is under construction and is expected to be completed by June 2019. It is estimated to be East Africa’s first major pipeline. This major pipeline will help landlocked Uganda to import / export base oil through Tanzania, therefore providing raw materials for the production of lubricants in the country.

Analysts at Ken Research in their latest publication “Uganda Lubricants Market Outlook to 2023 - By Origin (Mineral, Semi-Synthetic and Synthetic), By Automotive (Passenger Car Motor Oils and Motor Cycle oils, Heavy Duty Diesel Engine Oils, Hydraulic Oils, Gear Oils and Transmission Fluids, Greases) and Industrial (Hydraulic Oils, Industrial Gear Oils, Turbine Oil, Compressor Oils, Greases, Transformer Oils and Grease), By End Users and By Distribution” believe that increasing production of synthetic and semi-synthetic lubricants, building brand image / investing towards marketing activities, developing facilities for refining of used oil, recycling and effective disposal, expanding dealer networks, focusing on industrial lubricants and investment in R&D will aid the lubricants market demand in Uganda. The market is expected to register a positive CAGR of 17.1% in terms of revenue and a CAGR of 14.8% in terms of sales volume during the forecast period of 2018–2023.

For more information on the research report, refer to below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/uganda-lubricants-market/205239-100.html

Key Segments Covered

• Basis of Origin
 Mineral Oil
 Semi-Synthetic Oil
 Synthetic Oil
• Type
 Automotive Lubricants
 Industrial Lubricants
• Automotive Lubricant Type
 Type of Oil
 Passenger Car Motor Oils and Motorcycle Oils
 Heavy Duty Diesel Engine Oils
 Hydraulic Oils
 Gear Oils & Transmission Fluids
 Greases
 End User
 Passenger Vehicles and Motorcycles
 Commercial Vehicles
 Marine
 Aviation
 Distribution Channel
 OEMs (B2B)
 Dealer Network (OEM Workshops /Service Stations /Local Workshops) (B2C)
• Industrial Lubricant Type
 Type of Oil
 Hydraulic Oils
 Industrial Gear Oils
 Compressor oils
 Transformer oils
 Turbine Oil
 Industrial Greases
 End Users
 Manufacturing
 Construction
 Power generation
 Others (Agriculture, Mining and Mass Roadways Transport)
 Distribution Channel
 Direct Sales
 Dealer Network

Time Period Captured in the Report:
• Historical Period – 2012-2018
• Forecast Period – 2018-2023

Companies Covered:
• Total
• Vivo Energy
• Chevron
• Mogas
• ENOC
• KenolKobil
• Petrocity
• Oryx Energies
• Hass Petroleum
• Other Players (Habib Oil, Ravoline, Potenza, Uni Oil, Libya Oil, Mount Meru and other recycled lubricant manufactures i.e. other local blenders)

Key Topics Covered in the Report
• Executive Summary
• Research Methodology
• Stakeholders in Uganda Lubricants Market
• Uganda Lubricants Market Overview and Genesis
• Value Chain Analysis for Uganda Lubricants Market
• Uganda Lubricants Market Size, 2012–2018
• Trade Scenario in Uganda Lubricants Market, 2014-2017
• Uganda Lubricants Market Segmentation
• Uganda Automotive Lubricants Market Segmentation
• Uganda Industrial Lubricants Market Segmentation
• Trends and Developments in Uganda Lubricants Market
• Issues and Challenges in Uganda Lubricants Market
• Decision Making Criteria For End Users in Uganda Lubricants Market
• Regulatory Framework in Uganda Lubricants Market
• SWOT Analysis for Uganda Lubricants Market
• Comparative Landscape in Uganda Lubricants Market
• Uganda Lubricants Market Future Outlook and Projections, 2018-2023
• Insights from Industry Experts in Uganda Lubricants Market
• Analyst Recommendations in Uganda Lubricants Market

Other Related Reports:
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https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/algeria-lubricants-market/175031-100.html
The report provides a comprehensive analysis of the lubricants market in Algeria. The report also covers the overall market size in terms of volume and value, segmentations on the basis of origin, type, end user applications and channels of distribution for lubricants, trade scenario, trends and developments, issues and challenges, decision making criteria for end users, government regulations and guidelines, SWOT analysis, competitive scenario, company profiles and bestselling products. The report concludes with future projections and analyst recommendations highlighting the major opportunities and cautions for the lubricants market. Algeria Lubricants Market Overview: Algeria lubricants market is presently in its growth stage. The market comprises of both domestic production and import of lubricants to meet the domestic demand for lubricants. There are 9 players in total that operate in the organized space including the government owned Sonatrach. The terrorist attacks near oil refineries in 2013 and the oil price shock during 2014-2015 negatively impacted the market during the period 2012-2017. However, increasing government expenditure to diversify the oil dependent economy through initiatives like National Vision 2030 and SH2030 are expected to keep the overall demand for lubricants growing in future. The lubricant sales in Algeria have declined at a negative CAGR during the period 2012 to 2017.

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The report covers market overview, trade scenario, trends and developments, issues and challenges, SWOT analysis, competitive landscape and government regulations. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions. Saudi Arabia Lubricant market is at the maturity stage. Saudi Arabia Lubricants Market in terms of revenue has increased at a positive CAGR during the period 2008-2014, but due to the Oil slump in the year 2014-15, the growth of the market slowed down, hence the market is experiencing a negative growth during the period 2014-2018. This decline in growth was also due to other factors such as Economies such as China, Brazil, Russia and India whose rapid growth and expansion created an unquenchable thirst for oil initially, began to slow after 2010.

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/india-industrial-lubricants-market/177073-100.html
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Ankur@kenresearch.com
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