Africa Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Africa Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Africa Automotive Engine Oils size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Africa Automotive Engine Oils Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 1.16 Billion Liters
Market Volume (2026) 1.24 Billion Liters
CAGR (2024 - 2026) 3.39 %
Market Concentration High
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Africa Automotive Engine Oils Market Analysis

The Africa Automotive Engine Oils Market size is estimated at 1.16 Billion Liters in 2024, and is expected to reach 1.24 Billion Liters by 2026, growing at a CAGR of 3.39% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Commercial Vehicles : Due to the large average engine oil capacity of heavy-duty trucks, pickup trucks, and buses, Africa's commercial vehicle (CV) sector consumes the bulk of engine oil.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : Since 2020, there has been an increase in demand for used SUVs in African nations like Egypt, which is projected to increase engine oil consumption in passenger vehicles.
  • Largest Country Market - Egypt : Egypt's significant lubricant consumption is attributable to the country's vehicle fleet and the growing average age of cars that require substantial lubricant usage.
  • Fastest Growing Country Market - Morocco : Morocco is fastest growing automotive engine oil consumer among all African countries due to its constant growth in domestic production and motor vehicle registrations.

Africa Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026