How big is the Egypt Passenger Vehicles Lubricants Market?

The Egypt Passenger Vehicles Lubricants Market size is expected to reach 84.57 million Liters in 2024 and grow at a CAGR of 3.30% to reach 90.24 million Liters by 2026. Read More

What is the current Egypt Passenger Vehicles Lubricants Market size?

In 2024, the Egypt Passenger Vehicles Lubricants Market size is expected to reach 84.57 million Liters. Read More

Who are the key players in Egypt Passenger Vehicles Lubricants Market?

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

Which segment has the biggest share in the Egypt Passenger Vehicles Lubricants Market?

In the Egypt Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type. Read More

Which is the fastest growing segment in the Egypt Passenger Vehicles Lubricants Market?

In 2024, the Transmission & Gear Oils segment accounts for the fastest growing by product type in the Egypt Passenger Vehicles Lubricants Market. Read More

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

In 2023, the Egypt Passenger Vehicles Lubricants Market size was estimated at 82.43 million Liters. The report covers the Egypt Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026. Read More

Egypt Passenger Vehicles Lubricants Market Trends

Statistics for the 2023 & 2024 Egypt Passenger Vehicles Lubricants market trends, created by Mordor Intelligence™ Industry Reports. Egypt Passenger Vehicles Lubricants 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 Passenger Vehicles Lubricants Industry

This section covers the major market trends shaping the Egypt Passenger Vehicles Lubricants Market according to our research experts:

Largest Segment By Product Type : <span style="font-family: 'regular_bold';color:#0e7db3;">Engine Oils</span>

Passenger vehicle (PV) is the second-largest segment in terms of automotive lubricant consumption in Morocco. During 2015-2019, the PV lubricant consumption witnessed a CAGR of 1.9%, primarily due to the country's car population surge.
In 2020, PVs accounted for about 23.5% of the country's total automotive lubricant consumption. Engine oils accounted for the largest share in PV lubricant consumption, with a share of over 88%. During 2020, PV lubricants consumption declined by 8.2% due to the lower usage of the vehicle fleet post-COVID-19 outbreak.
The transmission oil segment is projected to grow steadily, exhibiting a CAGR of 5.7% during 2021-2026. This growth is likely to be driven by the recovery of passenger car production and a recovery in average distance traveled in the country.