South Africa Lubricants Market Size

Statistics for the 2023 & 2024 South Africa Lubricants market size, created by Mordor Intelligence™ Industry Reports. South Africa Lubricants size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

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Market Size of south africa lubricants Industry

South Africa Lubricants Market Summary
svg icon Study Period 2015 - 2026
svg icon Market Volume (2024) 419.90 Million Liters
svg icon Market Volume (2026) 454.14 Million Liters
svg icon Largest Share by End User Automotive
svg icon CAGR (2024 - 2026) 4.00 %
svg icon Fastest Growing by End User Power Generation

Major Players

South Africa Lubricants Market Major Players South Africa Lubricants Market Major Players South Africa Lubricants Market Major Players South Africa Lubricants Market Major Players

*Disclaimer: Major Players sorted in no particular order

Key Players

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South Africa Lubricants Market Analysis

The South Africa Lubricants Market size is estimated at 419.90 Million Liters in 2024, and is expected to reach 454.14 Million Liters by 2026, growing at a CAGR of 4% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Automotive was the largest end-use segment in South Africa, owing to the higher amount of engine oils and gear oils used in vehicles over industrial applications.
  • Fastest Segment by End-user Industry - Power Generation : Power generation will be South Africa's fastest-growing end-user due to the rising demand for energy from wind turbines and steep drops in wind turbines' installation costs.
  • Largest Segment by Product Type - Engine Oils : Due to the high volume of engine oil and high replacement frequency required to lubricate gasoline engines, engine oil is the most consumed product type in South Africa.
  • Fastest Segment by Product Type - Greases : The growing construction, mining and agriculture actitives in South Africa is expected to provide fastest growth for hydraulic fluid segment among all product type, over the forecast period.

South Africa Lubricants Market Report Snapshots

South Africa Lubricants Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)