Market Size of South Africa Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 3.74 % |
| Market Concentration | High |
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South Africa Automotive Engine Oils Market Analysis
The South Africa Automotive Engine Oils Market size is estimated at 192.26 Million Liters in 2024, and is expected to reach 206.90 Million Liters by 2026, growing at a CAGR of 3.74% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The commercial vehicle (CV) category in South Africa consumes the bulk of engine oil as the country has roughly 3.4 million CVs, with a high percentage of old CVs.
- Fastest Segment by Vehicle Type - Motorcycles : In the next few years, the demand for motorcycle engine oil will likely be driven by a strong rebound in low-cost motorcycle sales, production rates, and rising travel rates.
