South Africa Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers South Africa Lubricants Market Suppliers and is segmented by End User (Automotive, Heavy Equipment, Metallurgy & Metalworking, Power Generation) and by Product Type (Engine Oils, Greases, Hydraulic Fluids, Metalworking Fluids, Transmission & Gear Oils)

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South Africa Lubricants Market Size

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South Africa Lubricants Market
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2015 - 2026
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Volume (2024) 419.90 Million Liters
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Volume (2026) 454.14 Million Liters
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Automotive
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2026) 4.00 %
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Power Generation

Major Players
major-player-company-image major-player-company-image major-player-company-image major-player-company-image

*Disclaimer: Major Players sorted in no particular order

Key Players

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South Africa Lubricants Market Analysis

The South Africa Lubricants Market size is estimated at 419.90 Million Liters in 2024, and is expected to reach 454.14 Million Liters by 2026, growing at a CAGR of 4% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Automotive was the largest end-use segment in South Africa, owing to the higher amount of engine oils and gear oils used in vehicles over industrial applications.
  • Fastest Segment by End-user Industry - Power Generation : Power generation will be South Africa's fastest-growing end-user due to the rising demand for energy from wind turbines and steep drops in wind turbines' installation costs.
  • Largest Segment by Product Type - Engine Oils : Due to the high volume of engine oil and high replacement frequency required to lubricate gasoline engines, engine oil is the most consumed product type in South Africa.
  • Fastest Segment by Product Type - Greases : The growing construction, mining and agriculture actitives in South Africa is expected to provide fastest growth for hydraulic fluid segment among all product type, over the forecast period.

South Africa Lubricants Market Trends

This section covers the major market trends shaping the South Africa Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

  • In 2021, the South Africa lubricant market was dominated by the automotive industry which accounted for around 58% of the total lubricant consumption in the country. During 2015-2019, the lubricant consumption in the automotive industry increased by a CAGR of 2.39%.
  • In 2020, COVID-19 restrictions led to declined maintenance requirements in various industries. Metallurgy & Metalworking Segment recorded highest dip of 14.63% in lubricant consumption. In 2021, the highest rebound of 5.26% in lubricant consumption was observed in automotive industry.
  • Power generation is likely to be the fastest-growing end-user industry of the market studied with a CAGR of 3.66% over the period 2022-2027, followed by automotive (3.37%). The growing capacity addition and expanding distribution network in the country is likely to drive the consumption of lubricants in the power generation industry.
South Africa Lubricants Market

South Africa Lubricants Industry Overview

The South Africa Lubricants Market is fairly consolidated, with the top five companies occupying 86.58%. The major players in this market are Astron Energy Pty Ltd, BP PLC (Castrol), Engen Petroleum Ltd, Shell plc and TotalEnergies (sorted alphabetically).

South Africa Lubricants Market Leaders

  1. Astron Energy Pty Ltd

  2. BP PLC (Castrol)

  3. Engen Petroleum Ltd

  4. Shell plc

  5. TotalEnergies

*Disclaimer: Major Players sorted in no particular order

South Africa Lubricants Market
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South Africa Lubricants Market News

  • May 2022: TotalEnergies, NEXUS Automotive Extend Strategic Partnership for a period of five years. As part of this partnership, TotalEnergies Lubricants will be expanding its presence in the burgeoning N! community, which has seen rapid growth in sales from EUR 7.2 billion in 2015 to nearly EUR 35 billion by the end of 2021.
  • May 2022: Engen Petroleum Ltd company has entered into a tripartite agreement with Nedbank and PetroCONNECT.This partnership is likely to help Engen Petroleum Ltd to expand its business in oil refining and synthetic fuel manufacturing plants, including lubricants and oil and gas sectors.
  • April 2022: FUCHS company introduced AGRI FARM lubricants which are especially suited for high-end agricultural machines.

South Africa Lubricants Market Report - 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. Manufacturing Industry Trends

    3. 3.3. Power Generation Industry Trends

    4. 3.4. Regulatory Framework

    5. 3.5. Value Chain & Distribution Channel Analysis

  4. 4. Market Segmentation

    1. 4.1. By End User

      1. 4.1.1. Automotive

      2. 4.1.2. Heavy Equipment

      3. 4.1.3. Metallurgy & Metalworking

      4. 4.1.4. Power Generation

      5. 4.1.5. Other End-user Industries

    2. 4.2. By Product Type

      1. 4.2.1. Engine Oils

      2. 4.2.2. Greases

      3. 4.2.3. Hydraulic Fluids

      4. 4.2.4. Metalworking Fluids

      5. 4.2.5. Transmission & Gear Oils

      6. 4.2.6. Other Product Types

  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. Astron Energy Pty Ltd

      2. 5.3.2. BP PLC (Castrol)

      3. 5.3.3. Engen Petroleum Ltd

      4. 5.3.4. ExxonMobil Corporation

      5. 5.3.5. FUCHS

      6. 5.3.6. Puma Energy

      7. 5.3.7. Q8Oils

      8. 5.3.8. Sasol

      9. 5.3.9. 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

  1. Figure 1:  
  2. VEHICLE POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027
  1. Figure 2:  
  2. COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027
  1. Figure 3:  
  2. MOTORCYCLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027
  1. Figure 4:  
  2. PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027
  1. Figure 5:  
  2. MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), SOUTH AFRICA, 2015 - 2021
  1. Figure 6:  
  2. POWER GENERATION CAPACITY, GIGAWATT (GW), SOUTH AFRICA, 2015 - 2021
  1. Figure 7:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2027
  1. Figure 8:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 9:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2027
  1. Figure 10:  
  2. SOUTH AFRICA LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 11:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2027
  1. Figure 12:  
  2. SOUTH AFRICA LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 13:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2027
  1. Figure 14:  
  2. SOUTH AFRICA LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 15:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2027
  1. Figure 16:  
  2. SOUTH AFRICA LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 17:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2027
  1. Figure 18:  
  2. SOUTH AFRICA LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 19:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2027
  1. Figure 20:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2021
  1. Figure 21:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2027
  1. Figure 22:  
  2. SOUTH AFRICA LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 23:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2027
  1. Figure 24:  
  2. SOUTH AFRICA LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 25:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2027
  1. Figure 26:  
  2. SOUTH AFRICA LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 27:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2027
  1. Figure 28:  
  2. SOUTH AFRICA LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 29:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2027
  1. Figure 30:  
  2. SOUTH AFRICA LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 31:  
  2. SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2027
  1. Figure 32:  
  2. SOUTH AFRICA LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2021
  1. Figure 33:  
  2. SOUTH AFRICA LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
  1. Figure 34:  
  2. SOUTH AFRICA LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
  1. Figure 35:  
  2. SOUTH AFRICA LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2021

South Africa Lubricants Industry Segmentation

By End User
Automotive
Heavy Equipment
Metallurgy & Metalworking
Power Generation
Other End-user Industries
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Metalworking Fluids
Transmission & Gear Oils
Other Product Types
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Market Definition

  • Vehicle Types and Industrial Equipment - Automotive (Passenger Vehicles, Commercial Vehicles and Motorcycles), Power Generation, Heavy Equipment, Metallurgy & Metalworking and Other End-user Industries (Marine, Aviation etc.) are considered under the lubricants market.​
  • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission & gear oils, hydraulic fluids, metalworking fluids, and greases are taken into consideration.​
  • Service Refill - Service/maintenance refill is considered while accounting the lubricant consumption for each of the vehicle and equipment, under the study.​
  • Factory Fill - First lubricant fill-ups for newly produced vehicles and industrial equipment are considered under the study.
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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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South Africa Lubricants Market Research FAQs

The South Africa Lubricants Market size is expected to reach 419.90 million Liters in 2024 and grow at a CAGR of 4% to reach 454.14 million Liters by 2026.

In 2024, the South Africa Lubricants Market size is expected to reach 419.90 million Liters.

Astron Energy Pty Ltd, BP PLC (Castrol), Engen Petroleum Ltd, Shell plc and TotalEnergies are the major companies operating in the South Africa Lubricants Market.

In the South Africa Lubricants Market, the Automotive segment accounts for the largest share by end user.

In 2024, the Power Generation segment accounts for the fastest growing by end user in the South Africa Lubricants Market.

In 2023, the South Africa Lubricants Market size was estimated at 405.95 million Liters. The report covers the South Africa Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Lubricants Market size for years: 2024, 2025 and 2026.

South Africa Lubricants Industry Report

Statistics for the 2024 South Africa Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Africa Lubricants analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

South Africa Lubricants Market Report Snapshots

South Africa Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)