Automotive Engine Oils Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 364.20 Million Liters |
| Market Volume (2026) | 391.68 Million Liters |
| CAGR (2024 - 2026) | 3.70 % |
| Market Concentration | High |
Automotive Engine Oils Market Analysis
The Egypt Automotive Lubricants Market size is estimated at 364.20 Million Liters in 2024, and is expected to reach 391.68 Million Liters by 2026, growing at a CAGR of 3.70% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : Egypt's commercial vehicle sector is the largest lubricant consumer as it has a large CV fleet with a high proportion of older trucks needing high frequencies of oil changes.
- Fastest Segment by Vehicle Type - Motorcycles : Egypt is expected to have the fastest surge in motorcycle lubricant consumption, owing to a strong rebound in low-cost motorcycle sales and increased travel rates.
- Largest Segment by Product Type - Engine Oils : Engine oil is the most used product type in old Egyptian vehicles. Old vehicles require higher quantities of oil and are replenished frequently than other product categories.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption is predicted to be the highest among all types in the Egyptian automotive industry, as the penetration of automatic and used cars may rise.
Automotive Engine Oils Market Trends
This section covers the major market trends shaping the Egypt Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- In Egypt, passenger vehicles (PV) accounted for the largest share of around 50% in the total number of on-road vehicles in 2020, followed by motorcycles (MC) and commercial vehicles (CV), with a share of 33.2% and 17%, respectively.
- The CV segment accounted for the highest share of around 70% in total automotive lubricant consumption in 2020, followed by PV (23.5%) and MC (6.6%), respectively. In 2020, the COVID-19 outbreak led to a notable dip in lubricants consumption, where PV lubricant consumption recorded the highest dip of 8.2%, followed by CV (8.1%) and MC (4.7%).
- The motorcycles segment is projected to be the fastest-growing lubricant consumer, with a CAGR of 5.76% during 2021-2026. The growth is expected to be driven by a recovery in low-cost moped sales and increasing penetration of foreign motorcycle brands in the coming years.
Automotive Engine Oils Industry Overview
The Egypt Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 86.50%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
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
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.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
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 Type
4.2.1 Engine Oils
4.2.2 Greases
4.2.3 Hydraulic Fluids
4.2.4 Transmission & Gear Oils
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 ExxonMobil Corporation
5.3.6 FUCHS
5.3.7 Misr Petroleum
5.3.8 Petromin Corporation
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
Automotive Engine Oils Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Automotive Engine Oils Market Research FAQs
How big is the Egypt Automotive Lubricants Market?
The Egypt Automotive Lubricants Market size is expected to reach 364.20 million Liters in 2024 and grow at a CAGR of 3.70% to reach 391.68 million Liters by 2026.
What is the current Egypt Automotive Lubricants Market size?
In 2024, the Egypt Automotive Lubricants Market size is expected to reach 364.20 million Liters.
Who are the key players in Egypt Automotive Lubricants Market?
Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the Egypt Automotive Lubricants Market.
Which segment has the biggest share in the Egypt Automotive Lubricants Market?
In the Egypt Automotive Lubricants Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Egypt Automotive Lubricants Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Egypt Automotive Lubricants Market.
What years does this Egypt Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the Egypt Automotive Lubricants Market size was estimated at 353.61 million Liters. The report covers the Egypt Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Automotive Lubricants Market size for years: 2024, 2025 and 2026.
Egypt Automotive Lubricants Industry Report
Statistics for the 2024 Egypt Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Automotive Lubricants analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.
