Product Code: ETC049759 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Grease Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 1.17% in 2028, following an initial rate of 0.81%, before easing to 0.89% at the end of the period.
The Saudi Arabia Grease Market is expected to grow at an impressive CAGR of 6.8% during the forecast period 2025-2031. The market growth is mainly driven by rising demand for grease in automotive, industrial, and other applications due to its superior lubrication properties and ability to reduce friction between two surfaces. Additionally, supportive policies from the government towards establishing a strong infrastructure are also pushing the market forward. The high performance grease segment holds major share in terms of volume as well as revenue due to their increasing use in industry and automotive manufacturing plants.
Rising Demand For Grease In Automotive And Industrial Applications as there is growing demand for grease owing to its excellent lubricating properties which helps reduce friction among two surfaces, leading players are focusing on developing different types of greases appropriate for use across various end-user industries such as automotive and industrial sector. This has created significant opportunities for growth within the Saudi Arabia greasing market over the forthcoming years. Government initiatives such as Vision 2031 program by Kingdom Of Saudi Arabia (KSA) are driving investments into building roads, bridges, factories etc., which will help enhance productivity within several sectors including oil & gas and automobile industry thereby creating potential opportunities for growth of this market during coming years.
Lack of technical expertise regarding proper usage of grease products hinders adoption thereof leading to lower sales volumes which adversely affects profitability margins thus posing a challenge to manufacturers operating in this space. Moreover technological advancements related with packaging solutions can create new avenues however lack thereof restricts widespread usage hampering further expansion plans amongst manufactures operating therein.
The Saudi Arabia grease market is expected to witness a negative impact due to the COVID-19 pandemic. The slowdown in industrial activities and manufacturing processes, has resulted in reduced demand for lubricants and greases from the automotive sector as well as other industries. This has impacted the growth of the Saudi Arabia grease market during 2025-2031. Moreover, decreased consumer spending due to the economic downturn will further hamper industry growth during this period. Additionally, some companies are delaying their investments into new projects which could restrain overall market development in coming years.
Some key players operating in this country include Fuchs Petrolub AG; Royal Dutch Shell PLC; ExxonMobil Corporation; Chevron Corporation; Total S A.; BP p l c.; Idemitsu Kosan Co., Ltd.; PetroChina Company Limited; Sinopec Group ; JX Nippon Oil & Energy Corporation among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Grease Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Grease Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Grease Market - Industry Life Cycle |
3.4 Saudi Arabia Grease Market - Porter's Five Forces |
3.5 Saudi Arabia Grease Market Revenues & Volume Share, By Thickener Type, 2021 & 2031F |
3.6 Saudi Arabia Grease Market Revenues & Volume Share, By Base Oil, 2021 & 2031F |
3.7 Saudi Arabia Grease Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Saudi Arabia Grease Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and manufacturing activities in Saudi Arabia leading to higher demand for greases. |
4.2.2 Growing automotive industry in the region driving the demand for greases for vehicle maintenance. |
4.2.3 Favorable government initiatives and investments in infrastructure projects boosting the overall demand for greases. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of greases. |
4.3.2 Stringent regulations and environmental concerns related to grease manufacturing and disposal. |
4.3.3 Intense market competition from both domestic and international grease manufacturers. |
5 Saudi Arabia Grease Market Trends |
6 Saudi Arabia Grease Market, By Types |
6.1 Saudi Arabia Grease Market, By Thickener Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Grease Market Revenues & Volume, By Thickener Type, 2021-2031F |
6.1.3 Saudi Arabia Grease Market Revenues & Volume, By Metallic Soap Thickener, 2021-2031F |
6.1.4 Saudi Arabia Grease Market Revenues & Volume, By Non-soap Thickener, 2021-2031F |
6.1.5 Saudi Arabia Grease Market Revenues & Volume, By Inorganic, 2021-2031F |
6.1.6 Saudi Arabia Grease Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Grease Market, By Base Oil |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Grease Market Revenues & Volume, By Mineral oil, 2021-2031F |
6.2.3 Saudi Arabia Grease Market Revenues & Volume, By Synthetic oil, 2021-2031F |
6.2.4 Saudi Arabia Grease Market Revenues & Volume, By Bio-based oil, 2021-2031F |
6.3 Saudi Arabia Grease Market, By End-Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Grease Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Saudi Arabia Grease Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Saudi Arabia Grease Market Revenues & Volume, By General Manufacturing, 2021-2031F |
6.3.5 Saudi Arabia Grease Market Revenues & Volume, By Mining, 2021-2031F |
6.3.6 Saudi Arabia Grease Market Revenues & Volume, By Metal production, 2021-2031F |
6.3.7 Saudi Arabia Grease Market Revenues & Volume, By Power generation, 2021-2031F |
6.3.8 Saudi Arabia Grease Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Saudi Arabia Grease Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Grease Market Import-Export Trade Statistics |
7.1 Saudi Arabia Grease Market Export to Major Countries |
7.2 Saudi Arabia Grease Market Imports from Major Countries |
8 Saudi Arabia Grease Market Key Performance Indicators |
8.1 Number of new industrial projects in Saudi Arabia using grease as a lubricant. |
8.2 Adoption rate of advanced grease technologies in the market. |
8.3 Percentage of companies in Saudi Arabia implementing sustainable grease production practices. |
9 Saudi Arabia Grease Market - Opportunity Assessment |
9.1 Saudi Arabia Grease Market Opportunity Assessment, By Thickener Type, 2021 & 2031F |
9.2 Saudi Arabia Grease Market Opportunity Assessment, By Base Oil, 2021 & 2031F |
9.3 Saudi Arabia Grease Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Saudi Arabia Grease Market - Competitive Landscape |
10.1 Saudi Arabia Grease Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Grease Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |