Market Size of Africa Automotive Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 3.32 % |
| Market Concentration | High |
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.
