Middle East and Africa are home to some of the largest oil reserves in the world – with countries like Saudi Arabia (258,600 barrels), Iran (208,600 barrels), Iraq (145,019 barrels), Kuwait (101,500 barrels), UAE (97,800 barrels), and Libya (48,363 barrels) holding the second, third, fifth, sixth, seventh, and ninth largest oil reserves in the world. That is 6 countries from the top 10 countries!
The base oils market in the Middle East and Africa is forecasted to grow at a volume CAGR of 4.18% and revenue CAGR of 3.67% between 2022 and 2028.The lubricants market is predicted to grow to US$ 11.25 billion by 2028 from US$ 9.85 billion in 2021 at a CAGR of 1.9%.
The 1st edition of Base Oils, Lubricants and Additives Technology Show (BOLAT) 2024 is the first event of its kind in the Middle East, connecting lubricants and base oils raw material providers with manufacturers from the oil and lubricants industry. It aims to showcase all of the latest lubricant technologies, base oil, bitumen, additives, process equipment & machinery, condition monitoring, automation systems, testing & analysis, data technologies, lubricant manufacturing equipment, end-user application systems, and a lot more.
Base Oils, Lubricants and Additives Technology Show 2024 will not only have exhibitors (lubricant manufacturers, base oil producers, additive suppliers, etc.) from across the globe, but will also have conferences conducted by industry leaders on various issues, technological advances, and a lot more, pertaining to the industry.
The BOLAT Show 2024 is the ideal location for industry professionals to launch their latest solutions, build awareness around their brands, and network with the best of the best.
Sponsoring the BOLAT Show 2024 is a fantastic way to get your brand out there. Imagine attendees and competitors seeing your logo wherever they go!
The BOLAT ME Conference is a great platform for knowledge sharing between all stakeholders of the industry. Speaking opportunities abound - and leading voices will gather to discuss key issues.