Global Lubricant Suppliers in GCC and MENA
In South UAE, the global lubricant suppliers in GCC and MENA – have made inroads. In UAE, conventional oils remain dominant, accounting for around three-quarters of global lubricant supplier’s engine oil demand last year. Kline projects that the global two-wheeler population will grow from about 700 million units in 2019 to 800 million in 2024. Technolube noted that in developed countries such as the United Arab Emirates, the two-wheeler market is primarily focused on recreational usage by enthusiasts, who typically use them for motorsports, bike rallies, cruises and other recreational uses. Bikers in this segment associate global industrial engine oils with a certain lifestyle, and bike riding is a hobby for them. Even maintenance and servicing of their vehicle is kind of a hobby. Many of them engage themselves in doing oil changes by themselves. Such enthusiasts are very particular about maintenance, and like to follow original equipment manufacturer recommendations. They c...