Market by Product Type, End-user, and Country | Forecast 2022-2028
Triton Market Research
has estimated the viscosity index improvers market in the Middle East and
Africa to show an upward trend, and progress with a CAGR of 3.14% over the
forecast years from 2022 to 2028.
Report scope can be customized per your requirements. Request For Customization
The countries
scrutinized in this market are:
•
Saudi Arabia
•
South Africa
•
Turkey
•
United Arab Emirates
•
Rest of the Middle East & Africa
The
UAE has become an attractive market for domestic as well as foreign investors,
owing to a supportive business environment, strong connection with international
markets, state-of-the-art infrastructure, and a very dynamic private sector. In
2019, projects amounting to $73.1 billion were completed in the country, showing
an increase of 9%. With several projects related to Dubai Expo nearing
completion, other sectors, like transport, infrastructure, energy, and utility
projects, are expected to maintain strong activity in the field of construction.
Data
from Emirates NBD suggests that the UAE is the second-largest automotive market
in the Gulf Cooperation Council, following Saudi Arabia. Passenger cars account
for a share of nearly 80% of the regional automotive market. The government of
the country has planned to develop a new automotive city near Abu Dhabi. The
first phase of the project has already commenced, and it is estimated to cost
an outlay of AED 1.6 billion on its infrastructure. This, in turn, is
anticipated to boost the demand for viscosity index improvers in the country.
The increased demand will support the market growth in the years to come.
ENI
SpA is an oil and gas company that is engaged in the exploration, development,
production, and marketing of oil, natural gas, and LNG. It supplies and markets
natural gas in retail and wholesale markets. It also manufactures, supplies,
distributes, and markets chemical and oil products. The company undertakes
projects for building and operating liquefaction plants of natural gas. ENI SpA
has its business operations across the Middle East and Africa, among others.
Founded in 1953, the company has a strong workforce of 31,495 employees.
Market Segmented By Type, Appl ..
VIEW REPORT
Market By Raw Material, End-us ..
VIEW REPORT
Market by Type, Raw Material, ..
VIEW REPORT
Market by Technology, Type, En ..
VIEW REPORT
Market by Function, Product Ty ..
VIEW REPORT
Market by Product Type, Applic ..
VIEW REPORT
Market by Product, Industry Ve ..
VIEW REPORT
Market by Type, Material, Indu ..
VIEW REPORT1. MIDDLE
EAST AND AFRICA VISCOSITY INDEX IMPROVERS MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY
MARKET STRATEGIES
2.1.1. ACQUISITIONS
2.1.2. PRODUCT
DEVELOPMENTS
2.1.3. CONTRACTS
& AGREEMENTS
2.1.4. INVESTMENTS
& EXPANSIONS
2.2. IMPACT
OF COVID-19 ON THE VISCOSITY INDEX IMPROVERS INDUSTRY
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. MARKET
DRIVERS
2.6.1. RISE
IN THE DEMAND FOR LUBRICANTS
2.6.2. INDUSTRIAL
GROWTH IN THE MIDDLE EAST AND AFRICA
2.7. MARKET
CHALLENGES
2.7.1. LONGER
DRAIN INTERVALS FOR HIGH-GRADE LUBRICANTS
2.7.2. COST
CONSTRAINTS
2.8. MARKET
OPPORTUNITIES
2.8.1. INCREASING
CONSUMPTION OF ENGINE OILS
3. MIDDLE
EAST AND AFRICA VISCOSITY INDEX IMPROVERS MARKET OUTLOOK – BY PRODUCT TYPE
3.1. POLYMETHACRYLATE
3.2. OLEFIN
COPOLYMER
3.3. POLYISOBUTYLENE
3.4. OTHER
PRODUCT TYPE
4. MIDDLE
EAST AND AFRICA VISCOSITY INDEX IMPROVERS MARKET OUTLOOK – BY END-USER
4.1. AUTOMOTIVE
4.1.1. PASSENGER
VEHICLES
4.1.2. HEAVY-DUTY
VEHICLES
4.1.3. OTHER
VEHICLES
4.2. INDUSTRIAL
4.3. OTHER
END-USERS
5. MIDDLE
EAST AND AFRICA VISCOSITY INDEX IMPROVERS MARKET – REGIONAL OUTLOOK
5.1. UNITED
ARAB EMIRATES
5.2. SAUDI
ARABIA
5.3. TURKEY
5.4. SOUTH
AFRICA
5.5. REST
OF MIDDLE EAST & AFRICA
6. COMPETITIVE
LANDSCAPE
6.1. AFTON
CHEMICAL CORPORATION
6.2. BASF
SE
6.3. CHEVRON
ORONITE COMPANY LLC
6.4. EVONIK
INDUSTRIES AG
6.5. BPT
CHEMICAL CO LTD
6.7. INFINEUM
INTERNATIONAL LIMITED
6.8. SANYO
CHEMICAL INDUSTRIES LTD
6.9. CRODA
INTERNATIONAL PLC
6.10. BRB
INTERNATIONAL BV
6.11. JINZHOU
KANGTAI LUBRICANT ADDITIVES CO LTD
6.12. SHANGHAI
MINGLAN CHEMICAL CO LTD
6.13. JILIN
XINGYUN CHEMICAL CO LTD
6.14. EXXON
MOBIL CORPORATION
6.15. ENI
SPA
6.16. ASIAN
OIL COMPANY
7. RESEARCH
METHODOLOGY & SCOPE
7.1. RESEARCH
SCOPE & DELIVERABLES
7.2. SOURCES
OF DATA
7.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY COUNTRY, 2022-2028 (IN $
MILLION)
TABLE 2: LIST OF
ACQUISITIONS
TABLE 3: LIST OF
PRODUCT DEVELOPMENTS
TABLE 4: LIST OF CONTRACTS
& AGREEMENTS
TABLE 5: LIST OF
INVESTMENTS & EXPANSIONS
TABLE 6: VENDOR
SCORECARD
TABLE 7: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY PRODUCT TYPE, 2022-2028 (IN $
MILLION)
TABLE 8: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY END-USERS, 2022-2028 (IN $
MILLION)
TABLE 9: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $
MILLION)
TABLE 10: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY COUNTRY, 2022-2028 (IN $
MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, PRODUCT OUTLOOK, 2021 & 2028
(IN %)
FIGURE 3: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY POLYMETHACRYLATE, 2022-2028 (IN
$ MILLION)
FIGURE 4: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY OLEFIN COPOLYMER, 2022-2028 (IN
$ MILLION)
FIGURE 5: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY POLYISOBUTYLENE, 2022-2028 (IN
$ MILLION)
FIGURE 6: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY OTHER PRODUCT TYPE, 2022-2028
(IN $ MILLION)
FIGURE 7: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, END-USERS OUTLOOK, 2021 & 2028
(IN %)
FIGURE 8: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY AUTOMOTIVE, 2022-2028 (IN $
MILLION)
FIGURE 9: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY INDUSTRIAL, 2022-2028 (IN $
MILLION)
FIGURE 10: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, BY OTHER END-USERS, 2022-2028 (IN
$ MILLION)
FIGURE 11: MIDDLE EAST
AND AFRICA VISCOSITY INDEX IMPROVERS MARKET, REGIONAL OUTLOOK, 2021 & 2028
(IN %)
FIGURE 12: UNITED ARAB
EMIRATES VISCOSITY INDEX IMPROVERS MARKET 2022-2028 (IN $ MILLION)
FIGURE 13: SAUDI ARABIA
VISCOSITY INDEX IMPROVERS MARKET 2022-2028 (IN $ MILLION)
FIGURE 14: TURKEY
VISCOSITY INDEX IMPROVERS MARKET 2022-2028 (IN $ MILLION)
FIGURE 15: SOUTH AFRICA
VISCOSITY INDEX IMPROVERS MARKET 2022-2028 (IN $ MILLION)
FIGURE 16: REST OF
MIDDLE EAST & AFRICA VISCOSITY INDEX IMPROVERS MARKET 2022-2028 (IN $
MILLION)