Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032
Overview
The Middle East & Africa Lubricant Oil Additives (LOA) Market is expected to reach a 2,112.56 by 2032 and is projected to grow at a CAGR of 8.20% from 2025 to 2032.
Revenue, 2024 ()
1,533.76
Forecast, 2032 ()
2,112.56
CAGR, 2024 - 2032
8.20%
Report Coverage
Middle East & Africa
Middle East & Africa Lubricant Oil Additives (LOA) Market 2018-2032
Middle East & Africa Lubricant Oil Additives (LOA) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1,533.76
- Projected Market Size (2032): 2,112.56
- CAGR (2025-2032): 8.20%
Key Findings of Middle East & Africa Lubricant Oil Additives (LOA) Market
- The Middle East & Africa Lubricant Oil Additives (LOA) Market was valued at 1,533.76 in 2024.
- The Middle East & Africa Lubricant Oil Additives (LOA) Market is likely to grow at a CAGR of 8.20% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Automotive in End User Segment accounted for the largest share of the market with a revenue of 827.94
- The fastest growing segment Friction Modifiers in Functional Type Segment grew Fastest with a CAGR of 10.94% during the forecast period from 2024 to 2032.
Middle East & Africa Lubricant Oil Additives (LOA) Market Scope
Middle East & Africa Lubricant Oil Additives (LOA) Market Segmentation & Scope
Application
- Others
- Gear Oil
- Metalworking Fluid
- Hydraulics Fluid
- Industrial Oil
- Process Oil
- Engine Oil
Functional Type
- Others
- Extreme Pressure additives
- Emulsifiers
- PPD
- Oxidation Inhibtors
- Rust & Corrosion Inhibtors
- Anti-Oxidants
- Friction Modifiers
- Anti-wear agents
- Detergents
- Dispersants
- Viscosity Index Improvers
End User
- Industrial
- Automotive
Middle East & Africa Lubricant Oil Additives (LOA) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2017 |
| Unit | Revenue in |
| Market Value in 2024 | 1,533.76 |
| Market Value in 2032 | 2,112.56 |
| CAGR (2025-2032) | 8.20% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Functional Type,End User |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 1,533.76 in 2024
- Key Country: RoMEA, leading in terms of revenue with value of 504.66 in 2024.
Segments and Scope
-
Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032, By Application
- Engine Oil is the largest segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 646.36 in the year 2024.
- Industrial Oil is the Fastest growing segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 7.10 % in forecast period 2025-2032.
-
Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032, By Functional Type
- Viscosity Index Improvers is the largest segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 323.37 in the year 2024.
- Friction Modifiers is the Fastest growing segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 7.74 % in forecast period 2025-2032.
-
Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032, By End User
- Automotive is the largest segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a revenue of 827.94 in the year 2024.
- Automotive is the Fastest growing segment in Middle East & Africa Lubricant Oil Additives (LOA) Market to 2032 with a Growth rate of 8.99 % in forecast period 2025-2032.
Middle East & Africa Lubricant Oil Additives (LOA) Market Company Share Analysis
| Company Name |
|
||
| The Lubrizol Corporation | |||
| Chevron Corporation | |||
| Evonik Industries AG | |||
| OTHERS | |||
| Infineon Technologies AG | |||
Middle East & Africa Lubricant Oil Additives (LOA) Market Geographical Sales Distribution, 2018-2032
Middle East & Africa Lubricant Oil Additives (LOA) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Middle East & Africa Lubricant Oil Additives (LOA) Market was valued at USD 1,533.76(Revenue in ) in 2017.
Middle East & Africa Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 8.20% during the forecast period of 2024 to 2032.
The Automotive segment is expected to dominate the Middle East & Africa Lubricant Oil Additives (LOA) Market, holding a largest market share of 827.94 in 2024
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Middle East & Africa Lubricant Oil Additives (LOA) Market Scope
Middle East & Africa Lubricant Oil Additives (LOA) Market Segmentation & Scope
Application
- Others
- Gear Oil
- Metalworking Fluid
- Hydraulics Fluid
- Industrial Oil
- Process Oil
- Engine Oil
Functional Type
- Others
- Extreme Pressure additives
- Emulsifiers
- PPD
- Oxidation Inhibtors
- Rust & Corrosion Inhibtors
- Anti-Oxidants
- Friction Modifiers
- Anti-wear agents
- Detergents
- Dispersants
- Viscosity Index Improvers
End User
- Industrial
- Automotive
Frequently Asked Questions
The Middle East & Africa Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Middle East & Africa Lubricant Oil Additives (LOA) Market was valued at USD 1,533.76(Revenue in ) in 2017.
Middle East & Africa Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 8.20% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Lubricant Oil Additives (LOA) Market for final year is USD 2,112.56 ().
Middle East & Africa Lubricant Oil Additives (LOA) Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Lubricant Oil Additives (LOA) Market is segmented based on Segmentation Application,Functional Type,End User.
Middle East & Africa Lubricant Oil Additives (LOA) Market was valued at USD 1,533.76(Revenue in ) in 2017.
Middle East & Africa Lubricant Oil Additives (LOA) Market is projected to grow at a CAGR of 8.20% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Lubricant Oil Additives (LOA) Market for final year is USD 2,112.56 ().
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