Market Size of Africa Commercial Vehicles Lubricants Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 3.20 % |
| Market Concentration | High |
Africa Commercial Vehicles Lubricants Market Analysis
The Africa Commercial Vehicles Lubricants Market size is estimated at 856.57 Million Liters in 2024, and is expected to reach 912.20 Million Liters by 2026, growing at a CAGR of 3.20% during the forecast period (2024-2026).
- 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 - Transmission & Gear Oils : 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 - Morocco : 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.
