Market Size of South Africa 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) | 3.82 % |
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.