MIDDLE EAST AND AFRICA VISCOSITY INDEX IMPROVERS MARKET 2022-2028
TABLE
OF CONTENTS
1. 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
LIST
OF TABLES
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)
LIST OF
FIGURES
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)
MARKET OUTLOOK
Triton’s report on the viscosity
index improvers market in the Middle East and Africa has estimated the industry
to grow with a CAGR of 3.14% over the forecasted period 2022-2028. South
Africa, the United Arab Emirates, Saudi Arabia, Turkey, and Rest of Middle East
& Africa constitute the market in this region.
The
automotive sector is the largest manufacturing sector in South Africa, and
showed significant growth in 2017. However, in recent years, there has been a
decline in the number of new vehicle sales. This has led to a considerable
decline in the usage of automotive lubricants. Nevertheless, the need for
lubricants in this industry is expected to gain traction in the forthcoming
years.
In
addition, major car manufacturers, such as Volkswagen, Ford, Toyota, Nissan,
and Mercedes Benz SA, are present in the country. Many of these automobile
manufacturers have expanded production and export from their operations in
recent years, leveraging the benefits offered by the government’s Automotive
Production and Development Plan (APDP).
For
instance, BAIC, a China-based car manufacturer, announced its plans to invest
$826 million in its assembly plant in South Africa. Owing to the growing usage
of lubricants in multiple applications in the automotive industry, the market
for viscosity index improvers in the country is estimated to record growth over
the forecast period.
Get more insights into the Middle East & Africa Viscosity Index
Improvers Market:
https://www.tritonmarketresearch.com/reports/middle-east-and-africa-viscosity-index-improvers-market
COMPETITIVE OUTLOOK
Infineum International
Limited, Afton Chemical Corporation, ENI SpA, Evonik Industries AG, BASF SE,
Jilin Xingyun Chemical Co Ltd, Shanghai Minglan Chemical Co Ltd, and Chevron
Oronite Company LLC are some of the prominent companies present in the viscosity
index improvers market.
SEGMENTATION
1. AFTON
CHEMICAL CORPORATION
2. BASF
SE
3. CHEVRON
ORONITE COMPANY LLC
4. EVONIK
INDUSTRIES AG
5. BPT
CHEMICAL CO LTD
6. LUBRIZOL
CORPORATION
7. INFINEUM
INTERNATIONAL LIMITED
8. SANYO
CHEMICAL INDUSTRIES LTD
9. CRODA
INTERNATIONAL PLC
10. BRB
INTERNATIONAL BV
11. JINZHOU
KANGTAI LUBRICANT ADDITIVES CO LTD
12. SHANGHAI
MINGLAN CHEMICAL CO LTD
13. JILIN
XINGYUN CHEMICAL CO LTD
14. EXXON
MOBIL CORPORATION
15. ENI
SPA
16. ASIAN
OIL COMPANY
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