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

The South Africa Lubricants Market 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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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 End User: Automotive
https://s3.mordorlabs.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User: Power Generation
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 3.32 %

Key Players

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Market Overview

The South Africa Lubricants Market stood at 393.26 million liters in 2022 and is projected to register a CAGR of 3.32% to reach 462.97 million liters in 2027.

  • 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 - Hydraulic Fluids : 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.

Scope of the Report

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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Key Market Trends

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.

Competitive Landscape

The South Africa Lubricants Market is fairly consolidated, with the top five companies occupying 83.06%. The major players in this market are Astron Energy Pty Ltd, BP PLC (Castrol), Engen Petroleum Ltd, Shell plc and TotalEnergies (sorted alphabetically).

Major Players

*Disclaimer: Major Players are sorted alphabetically

Recent Developments

  • 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.

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

    Figure 1:  

    VEHICLE POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027

    Figure 2:  

    COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027

    Figure 3:  

    MOTORCYCLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027

    Figure 4:  

    PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, SOUTH AFRICA, 2015 - 2027

    Figure 5:  

    MANUFACTURING VALUE ADDED, USD BILLION (CURRENT VALUE), SOUTH AFRICA, 2015 - 2021

    Figure 6:  

    POWER GENERATION CAPACITY, GIGAWATT (GW), SOUTH AFRICA, 2015 - 2021

    Figure 7:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, BY END USER, 2015-2027

    Figure 8:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME SHARE (%), BY END USER, 2021

    Figure 9:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, AUTOMOTIVE, 2015-2027

    Figure 10:  

    SOUTH AFRICA LUBRICANTS MARKET, AUTOMOTIVE, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 11:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, HEAVY EQUIPMENT, 2015-2027

    Figure 12:  

    SOUTH AFRICA LUBRICANTS MARKET, HEAVY EQUIPMENT, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 13:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, METALLURGY & METALWORKING, 2015-2027

    Figure 14:  

    SOUTH AFRICA LUBRICANTS MARKET, METALLURGY & METALWORKING, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 15:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, POWER GENERATION, 2015-2027

    Figure 16:  

    SOUTH AFRICA LUBRICANTS MARKET, POWER GENERATION, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 17:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER END-USER INDUSTRIES, 2015-2027

    Figure 18:  

    SOUTH AFRICA LUBRICANTS MARKET, OTHER END-USER INDUSTRIES, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 19:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2027

    Figure 20:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2021

    Figure 21:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2027

    Figure 22:  

    SOUTH AFRICA LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY END USER, 2021

    Figure 23:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2027

    Figure 24:  

    SOUTH AFRICA LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY END USER, 2021

    Figure 25:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2027

    Figure 26:  

    SOUTH AFRICA LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY END USER, 2021

    Figure 27:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, METALWORKING FLUIDS, 2015-2027

    Figure 28:  

    SOUTH AFRICA LUBRICANTS MARKET, METALWORKING FLUIDS, VOLUME SHARE (%), BY END USER, 2021

    Figure 29:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION & GEAR OILS, 2015-2027

    Figure 30:  

    SOUTH AFRICA LUBRICANTS MARKET, TRANSMISSION & GEAR OILS, VOLUME SHARE (%), BY END USER, 2021

    Figure 31:  

    SOUTH AFRICA LUBRICANTS MARKET, VOLUME IN LITERS, OTHER PRODUCT TYPES, 2015-2027

    Figure 32:  

    SOUTH AFRICA LUBRICANTS MARKET, OTHER PRODUCT TYPES, VOLUME SHARE (%), BY END USER, 2021

    Figure 33:  

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

    Figure 34:  

    SOUTH AFRICA LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

    Figure 35:  

    SOUTH AFRICA LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2021

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 South Africa Lubricants Market market is studied from 2015 - 2027.

The South Africa Lubricants Market stood at 393.26 million liters in 2022 and is projected to register a CAGR of 3.32% to reach 462.97 million liters in 2027.

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.

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.

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.

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.

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