Saturday, October 11 - 2008

Middle East market expected to make strong gains

According to recently released industry reports, growing at a modest rate, the global market for automotive chemicals is forecast to cross Dhs12bn by 2010, an encouraging sign for the regional automotive industry.

  • United Arab Emirates: Tuesday, April 29 - 2008 at 10:12
  • PRESS RELEASE


Eckhard Pruy, CEO of Epoc Messe Frankfurt GmbH.
Eckhard Pruy, CEO of Epoc Messe Frankfurt GmbH.

sponsored link

related stories
Epoc Messe Frankfurt GmbH, organizers of Automechanika Middle East has reported a significant surge in the number of companies trading at the exhibition in automotive chemicals, such as, waxes/polishes, protectants, wheel and tire cleaners and windshield washer fluids, crossing 50 from a total of over 1000 exhibitors.

'This growth is attributed to the increasing number of new vehicles in the GCC & Levant nations, as well as an aging fleet of vehicles in other Middle Eastern countries that offers growth potential,'



remarked Eckhard Pruy, CEO of Epoc Messe Frankfurt GmbH.

Mr. Pruy noted that several other aspects have positively influenced the market including the surging popularity of larger vehicles such as sports utility vehicles, and shift in product mix towards higher-value products.

The automotive chemicals market is classified into products used for consumer vehicles such as passenger cars and light trucks, and for commercial vehicles.

'The Middle East market is expected to make strong gains in automotive chemical sales from the increasing vehicle populations in the region, and the increasing average age of automobiles on the road,' said Michael Dehn, Senior Show Manager of Automechanika Middle East.

Mr. Dehn noted that the demand for appearance chemicals such as waxes and car polishes have gained momentum as an increasing number of young regional consumers, women and car enthusiasts constitute key consumer categories for appearance chemicals.

Automotive windshield washer fluids are also a leading growth segment in the ME region with high summer temperatures resulting in greater demand, as well as hectic lifestyles and time constraints compelling consumers to seek convenience-oriented formulations.

Mr. Dehn added that new cars sold to the private and business sectors all required de-waxing and polishing. 'In the used car market, cosmetic considerations are important. Used car retailers rely on a wide range of specific automotive chemical products to help them achieve the new car look, thus ensuring a higher demand for vehicle cleaning products,' he stressed.

Automechanika Middle East is the event for the rapidly developing automotive aftermarket in the wider Middle East and Africa.

The event covers the full range of parts for motor vehicles, as well as components for the drive, chassis, body, electrics and electronic groups, equipment for vehicle service and repair, bodywork repair and painting, tyres, batteries and performance systems.

Automechanika Middle East receives extensive industry support from 23 of the leading international associations and export promotion agencies.




request information Log in to request more information

Notes and media contacts

Contact:

BIZ COM - For Proactive Communications
P.O. Box 48889; Dubai - UAE
T: +97143320888
F: +97143320999
Eman Hassan Eman Hassan
Tuesday, April 29 - 2008 at 10:12 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.


Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

Sponsored Links

Email newsletters

Business Directory »

The news you choose

News and Articles »

Current Events »

Advertisement »