Africa Automotive Lubricants Market Size

Statistics for the 2023 & 2024 Africa Automotive Lubricants market size, created by Mordor Intelligence™ Industry Reports. Africa Automotive Lubricants 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 Lubricants Industry

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Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 1.48 Billion Liters
Market Volume (2026) 1.58 Billion Liters
CAGR (2024 - 2026) 3.32 %
Market Concentration High
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Africa Automotive Lubricants Market Analysis

The Africa Automotive Lubricants Market size is estimated at 1.48 Billion Liters in 2024, and is expected to reach 1.58 Billion Liters by 2026, growing at a CAGR of 3.32% during the forecast period (2024-2026).

  • Largest Segment by Vehicle Type - Commercial Vehicles : A large number of pickup trucks are employed for freight transportation throughout Africa. Africa's aging CV fleet has increased the demand for lubricants during service.
  • 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 augment lubricant consumption in passenger vehicles.
  • Largest Country Market - Egypt : Egypt is the largest consumer of automotive lubricants among all African countries due to the high proportion of all used vehicles, such as SUVs, LCVs, and motorcycles.
  • Fastest Growing Country Market - Morocco : Morocco is the fastest growing automotive lubricant consumer among all major African countries due to its constant growth in domestic production & motor vehicle registrations.

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