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South Africa Automotive Lubricants Market Size

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

Market Size of South Africa Automotive Lubricants Industry

South Africa Automotive Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 3.82 %
Market Concentration High

South Africa Automotive Lubricants Market Analysis

The South Africa Automotive Lubricants Market size is estimated at 240.41 Million Liters in 2024, and is expected to reach 259.14 Million Liters by 2026, growing at a CAGR of 3.82% 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 lubricants as the country has roughly 3.4 million CVs, with a high percentage of old CVs.
  • Fastest Segment by Vehicle Type - Passenger Vehicles : During the next few years, the demand for motorcycle lubricants is projected to be driven by the strong rebound in low-cost motorcycle sales and rising travel rates.
  • Largest Segment by Product Type - Engine Oils : As it is used in enormous amounts and replenished more frequently than other product categories, engine oil is highly popular in different vehicles in South Africa.
  • Fastest Segment by Product Type - Greases : Hydraulic fluid is projected to have the fastest growth among all product types due to increased travel rates and expected growth in production outputs in the coming years.

South Africa Automotive Lubricants Market Size & Share Analysis - Growth Trends & Forecasts Up To 2026