South Africa Passenger Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 South Africa Passenger Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. South Africa Passenger Vehicles 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 Passenger Vehicles Lubricants Industry

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South Africa Passenger Vehicles 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) 3.61 %
Market Concentration High

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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.

South Africa Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026