How big is the Egypt Automotive Engine Oils Market?

The Egypt Automotive Engine Oils Market size is expected to reach 327.46 million Liters in 2024 and grow at a CAGR of 3.49% to reach 350.70 million Liters by 2026. Read More

What is the current Egypt Automotive Engine Oils Market size?

In 2024, the Egypt Automotive Engine Oils Market size is expected to reach 327.46 million Liters. Read More

Who are the key players in Egypt Automotive Engine Oils Market?

Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies are the major companies operating in the Egypt Automotive Engine Oils Market. Read More

Which segment has the biggest share in the Egypt Automotive Engine Oils Market?

In the Egypt Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type. Read More

Which is the fastest growing segment in the Egypt Automotive Engine Oils Market?

In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Egypt Automotive Engine Oils Market. Read More

What years does this Egypt Automotive Engine Oils Market cover, and what was the market size in 2023?

In 2023, the Egypt Automotive Engine Oils Market size was estimated at 318.66 million Liters. The report covers the Egypt Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Automotive Engine Oils Market size for years: 2024, 2025 and 2026. Read More

Egypt Automotive Engine Oils Market Trends

Statistics for the 2023 & 2024 Egypt Automotive Engine Oils market trends, created by Mordor Intelligence™ Industry Reports. Egypt Automotive Engine Oils trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Egypt Automotive Engine Oils Industry

This section covers the major market trends shaping the Egypt Automotive Engine Oils Market according to our research experts:

Largest Segment By Vehicle Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Commercial Vehicles</span>

In Egypt, engine oils accounted for over 90% of overall automotive lubricants in 2020. During 2015-2019, engine oil consumption increased at a CAGR of over 1.59%. The growing active vehicle fleet in the country was the key driver for this trend.
In 2020, the COVID-19 outbreak led to a massive decline in the usage rate of the existing vehicle fleets in the country, which led to an 8% dip in engine oil consumption. The passenger vehicle (PV) segment recorded the largest decline of 8.48% in engine oil consumption during 2020, over 2019.
During 2021-2026, the motorcycles segment is expected to register the highest growth of 5.77% in engine oil consumption, followed by the CV segment (2.94%). The growth in the motorcycles segment is likely to be driven by strong demand for mopeds and motorcycles in the country over the next five years.