Egypt Automotive Engine Oils Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 327.46 Million Liters |
| Market Volume (2026) | 350.70 Million Liters |
| CAGR (2024 - 2026) | 3.49 % |
| Market Concentration | High |
Egypt Automotive Engine Oils Market Analysis
The Egypt Automotive Engine Oils Market size is estimated at 327.46 Million Liters in 2024, and is expected to reach 350.70 Million Liters by 2026, growing at a CAGR of 3.49% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : Egypt's commercial vehicle category consumes the most engine oil since it has around 1.78 million CVs, with a high proportion of outdated CVs with higher service needs.
- Fastest Segment by Vehicle Type - Motorcycles : Egypt is expected to have the fastest rise in motorcycle engine oil consumption, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.
Egypt Automotive Engine Oils Market Trends
This section covers the major market trends shaping the Egypt Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- In Egypt, engine oils accounted for over 90% of overall automotive lubricants in 2020. During 2015-2019, engine oil consumption increased at a CAGR of over 1.59%. The growing active vehicle fleet in the country was the key driver for this trend.
- In 2020, the COVID-19 outbreak led to a massive decline in the usage rate of the existing vehicle fleets in the country, which led to an 8% dip in engine oil consumption. The passenger vehicle (PV) segment recorded the largest decline of 8.48% in engine oil consumption during 2020, over 2019.
- During 2021-2026, the motorcycles segment is expected to register the highest growth of 5.77% in engine oil consumption, followed by the CV segment (2.94%). The growth in the motorcycles segment is likely to be driven by strong demand for mopeds and motorcycles in the country over the next five years.
Egypt Automotive Engine Oils Industry Overview
The Egypt Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 86.44%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Egypt Automotive Engine Oils Market Leaders
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Coperative Soceite des petroleum
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ExxonMobil Corporation
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Misr Petroleum
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Royal Dutch Shell PLC
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TotalEnergies
*Disclaimer: Major Players sorted in no particular order
Egypt Automotive Engine Oils Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- July 2021: ExxonMobil and Trella signed a partnership that will allow Trella to improve trucking productivity and efficiency while also empowering drivers and fleets through the usage of Mobil Delvac.
- July 2021: ENOC Misr collaborated with Misr Petroleum to blend and fill lubricants in Misr Petroleum's cutting-edge facility in Egypt.
Egypt Automotive Engine Oils Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Grade
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 BP PLC (Castrol)
5.3.2 Chevron Corporation
5.3.3 Coperative Soceite des petroleum
5.3.4 Emarat
5.3.5 ENOC Misr
5.3.6 ExxonMobil Corporation
5.3.7 FUCHS
5.3.8 Misr Petroleum
5.3.9 Royal Dutch Shell PLC
5.3.10 TotalEnergies
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Egypt Automotive Engine Oils Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
Egypt Automotive Engine Oils Market Research FAQs
How big is the Egypt Automotive Engine Oils Market?
The Egypt Automotive Engine Oils Market size is expected to reach 327.46 million Liters in 2024 and grow at a CAGR of 3.49% to reach 350.70 million Liters by 2026.
What is the current Egypt Automotive Engine Oils Market size?
In 2024, the Egypt Automotive Engine Oils Market size is expected to reach 327.46 million Liters.
Who are the key players in Egypt Automotive Engine Oils Market?
Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies are the major companies operating in the Egypt Automotive Engine Oils Market.
Which segment has the biggest share in the Egypt Automotive Engine Oils Market?
In the Egypt Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Egypt Automotive Engine Oils Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Egypt Automotive Engine Oils Market.
What years does this Egypt Automotive Engine Oils Market cover, and what was the market size in 2023?
In 2023, the Egypt Automotive Engine Oils Market size was estimated at 318.66 million Liters. The report covers the Egypt Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Automotive Engine Oils Market size for years: 2024, 2025 and 2026.
Egypt Automotive Engine Oils Industry Report
Statistics for the 2024 Egypt Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Automotive Engine Oils analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
