How big is the Africa Lubricants Market?

The Africa Lubricants Market size is expected to reach 2.65 billion Liters in 2024 and grow at a CAGR of 3.52% to reach 2.84 billion Liters by 2026. Read More

What is the current Africa Lubricants Market size?

In 2024, the Africa Lubricants Market size is expected to reach 2.65 billion Liters. Read More

Who are the key players in Africa Lubricants Market?

BP Plc (Castrol), ENGEN PETROLEUM LTD, ExxonMobil Corporation, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Africa Lubricants Market. Read More

Which segment has the biggest share in the Africa Lubricants Market?

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

Which country has the biggest share in the Africa Lubricants Market?

In 2024, Egypt accounts for the largest share by country in the Africa Lubricants Market. Read More

What years does this Africa Lubricants Market cover, and what was the market size in 2023?

In 2023, the Africa Lubricants Market size was estimated at 2.54 billion Liters. The report covers the Africa Lubricants Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Lubricants Market size for years: 2024, 2025 and 2026. Read More

Africa Lubricants Market Size

Statistics for the 2023 & 2024 Africa Lubricants market size, created by Mordor Intelligence™ Industry Reports. Africa Lubricants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of africa lubricants Industry

	Study Period	2018 - 2026
	Market Volume (2024)	2.65 Billion Liters
	Market Volume (2026)	2.84 Billion Liters
	Largest Share by End User	Automotive
	CAGR (2024 - 2026)	3.52 %
	Largest Share by Country	Egypt
Major Players

*Disclaimer: Major Players sorted in no particular order

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Africa Lubricants Market Analysis

The Africa Lubricants Market size is estimated at 2.65 Billion Liters in 2024, and is expected to reach 2.84 Billion Liters by 2026, growing at a CAGR of 3.52% during the forecast period (2024-2026).

Largest Segment by End-user Industry - Automotive : Automotive was the largest end-use segment throughout Africa due to the higher amount of engine oils and gear oils used in vehicles compared to industrial applications.
Fastest Segment by End-user Industry - Power Generation : Due to the growing regional demand for low-cost energy from natural gas-fueled power plants, power generation is the fastest-growing end-user of lubricants in Africa.
Largest Country Market - Egypt : Egypt is the largest lubricant market in Africa, as the country possesses a higher number of older motor vehicles (commercial vehicles) and large industrial machinery.
Fastest Growing Country Market - Morocco : Morocco is the fastest-growing country in terms of lubricant usage throughout Africa due to its large export-oriented manufacturing industry and growing vehicle sales.