Market Size of South Africa Passenger Vehicles Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 3.61 % |
Market Concentration | High |
South Africa Passenger Vehicles Lubricants Market Analysis
The South Africa Passenger Vehicles Lubricants Market size is estimated at 107.63 Million Liters in 2024, and is expected to reach 115.55 Million Liters by 2026, growing at a CAGR of 3.61% during the forecast period (2024-2026).
- 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 SUVs and sedans in South Africa.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption will likely record the fastest growth in the South African passenger vehicle industry due to an expected rise in automatic car penetration.