Africa Commercial Vehicles Lubricants Market - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2027

The Africa Commercial Vehicles Lubricants Market is segmented by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils ) and by Country ( Egypt, Morocco, Nigeria, South Africa )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2027
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by Product Type: Engine Oils
https://s3.mordorlabs.com/globe/1629285706162_test~globe_globe.svg Largest Share by Country: Egypt
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: NaN %

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Market Overview

The Africa Commercial Vehicles Lubricants Market stood at 807.15 million liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

  • Largest Segment by Product Type - Engine Oils : Since it has high-temperature and high-pressure uses, engine oil is the most popular product type in Africa, with large volume needs and shorter drain intervals.
  • Fastest Segment by Product Type - Greases : Transmission oil is expected to be the fastest growing in the African CV industry since imports of used LCVs and penetration of old used trucks are expected to rise.
  • Largest Country Market - Egypt : Egypt is the largest consumer of CV lubricants among all African countries due to the high engine oil volume consumed in one of the world's oldest commercial vehicle fleets.
  • Fastest Growing Country Market - South Africa : Morocco is the fastest growing user of commercial vehicle lubricants among major African countries due to a steady increase in imports of used LCVs and trucks from France.

Scope of the Report

By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission & Gear Oils
By Country
Egypt
Morocco
Nigeria
South Africa
Rest of Africa

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Key Market Trends

Largest Segment By Product Type : Engine Oils

  • During 2015-2019, lubricant consumption in the African commercial vehicle sector increased at a CAGR of 1.65%. Engine oil was the dominating lubricant product type in this sector, accounting for a share of 75% in 2020, followed by transmission oils, which accounted for a share of 11%.
  • In 2020, due to the COVID-19 outbreak, freight transportation significantly dropped due to lockdowns imposed in response to the pandemic. Hence, lubricant consumption in the sector declined by over 4.5% compared to 2019.
  • The projected boom in logistic requirements and recovery in sales of new commercial vehicles are likely to drive lubricant consumption in this sector. Hence, commercial vehicle lubricant consumption is likely to increase at a CAGR of 3.09% during 2021-2026.

Largest Country : Egypt

  • In Africa, the consumption volume of commercial vehicle (CV) lubricants was the highest in Egypt, at 29.4% of the total consumption of CV lubricants, followed by Nigeria and South Africa, at 18.3% and 15.06%, respectively.
  • The restrictions imposed on business and transportation activities after the COVID-19 outbreak negatively affected CV lubricant consumption in 2020. South Africa was the most affected, as it witnessed a 10% drop in consumption during 2019-2020, followed by Egypt, which recorded an 8.1% drop.
  • During 2021-2026, Morocco will likely be the fastest-growing CV lubricant market. The consumption is likely to increase at a CAGR of 5.96%, followed by South Africa and Egypt, with an expected CAGR of 3.65% and 3.19%, respectively.

Competitive Landscape

The Africa Commercial Vehicles Lubricants Market is moderately consolidated, with the top five companies occupying 45.29%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).

Recent Developments

  • March 2022: FUCHS company introduced Maintain Fricofin and Titan GT1 Flex small pack lubricants for automotive applications.
  • January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines – ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
  • September 2021: Engen has made a ground-breaking development by launching its Engen App for the convenience of its customers. Engen will offer all its products and services through this app, making it easier for the consumers. This is expected to increase the sales of its lubricants and gain brand recognition in the region.

Table of Contents

  1. 1. Executive Summary & Key Findings

  2. 2. Introduction

    1. 2.1 Study Assumptions & Market Definition

    2. 2.2 Scope of the Study​

    3. 2.3 Research Methodology

  3. 3. Key Industry Trends

    1. 3.1 Automotive Industry Trends

    2. 3.2 Regulatory Framework

    3. 3.3 Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1 By Product Type

      1. 4.1.1 Engine Oils

      2. 4.1.2 Greases

      3. 4.1.3 Hydraulic Fluids

      4. 4.1.4 Transmission & Gear Oils

    2. 4.2 By Country

      1. 4.2.1 Egypt

      2. 4.2.2 Morocco

      3. 4.2.3 Nigeria

      4. 4.2.4 South Africa

      5. 4.2.5 Rest of Africa

  5. 5. Competitive Landscape

    1. 5.1 Key Strategic Moves

    2. 5.2 Market Share Analysis

    3. 5.3 Company Profiles

      1. 5.3.1 Afriquia

      2. 5.3.2 BP PLC (Castrol)

      3. 5.3.3 Coperative Soceite des petroleum

      4. 5.3.4 Engen Petroleum Ltd

      5. 5.3.5 ExxonMobil Corporation

      6. 5.3.6 FUCHS

      7. 5.3.7 Misr Petroleum

      8. 5.3.8 Ola Energy

      9. 5.3.9 Royal Dutch Shell PLC

      10. 5.3.10 TotalEnergies

  6. 6. Appendix

    1. 6.1 Appendix-1 References

    2. 6.2 Appendix-2 List of Tables & Figures

  7. 7. Key Strategic Questions for Lubricants CEOs

List of Tables & Figures

    Figure 1:  

    COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, AFRICA, 2015 - 2026

    Figure 2:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

    Figure 3:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 4:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

    Figure 5:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 6:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

    Figure 7:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 8:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

    Figure 9:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 10:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2026

    Figure 11:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

    Figure 12:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, BY COUNTRY, 2015-2026

    Figure 13:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME SHARE (%), BY COUNTRY, 2020

    Figure 14:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, EGYPT, 2015-2026

    Figure 15:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, EGYPT, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 16:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, MOROCCO, 2015-2026

    Figure 17:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, MOROCCO, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 18:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, NIGERIA, 2015-2026

    Figure 19:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, NIGERIA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 20:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, SOUTH AFRICA, 2015-2026

    Figure 21:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, SOUTH AFRICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 22:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, VOLUME IN LITERS, REST OF AFRICA, 2015-2026

    Figure 23:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, REST OF AFRICA, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

    Figure 24:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

    Figure 25:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 26:  

    AFRICA COMMERCIAL VEHICLES LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

Market Definition

  • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
  • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
  • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

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Research Methodology

Mordor Intelligence follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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Frequently Asked Questions

The Africa Commercial Vehicles Lubricants Market market is studied from 2015 - 2027.

The Africa Commercial Vehicles Lubricants Market stood at 807.15 million liters in 2022 and is projected to register a CAGR of NaN% to reach NaN liters in 2027.

Since it has high-temperature and high-pressure uses, engine oil is the most popular product type in Africa, with large volume needs and shorter drain intervals.

Transmission oil is expected to be the fastest growing in the African CV industry since imports of used LCVs and penetration of old used trucks are expected to rise.

Egypt is the largest consumer of CV lubricants among all African countries due to the high engine oil volume consumed in one of the world's oldest commercial vehicle fleets.

Morocco is the fastest growing user of commercial vehicle lubricants among major African countries due to a steady increase in imports of used LCVs and trucks from France.

Coperative Soceite des petroleum,ExxonMobil Corporation,Misr Petroleum,Royal Dutch Shell PLC and TotalEnergies. are the major companies operating in Africa Commercial Vehicles Lubricants Market.