Market Size of Egypt 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) | 3.70 % |
Market Concentration | High |
Automotive Engine Oils Market Analysis
The Egypt Automotive Lubricants Market size is estimated at 364.20 Million Liters in 2024, and is expected to reach 391.68 Million Liters by 2026, growing at a CAGR of 3.70% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : Egypt's commercial vehicle sector is the largest lubricant consumer as it has a large CV fleet with a high proportion of older trucks needing high frequencies of oil changes.
- Fastest Segment by Vehicle Type - Motorcycles : Egypt is expected to have the fastest surge in motorcycle lubricant consumption, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.
- Largest Segment by Product Type - Engine Oils : Engine oil is the most used product type in old Egyptian vehicles. Old vehicles require higher quantities of oil and are replenished frequently than other product categories.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption is predicted to be the highest among all types in the Egyptian automotive industry, as the penetration of automatic and used cars may rise.