Egypt Commercial Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 252.25 Million Liters |
| Market Volume (2026) | 270.66 Million Liters |
| CAGR (2024 - 2026) | 3.58 % |
| Market Concentration | High |
Egypt Commercial Vehicles Lubricants Market Analysis
The Egypt Commercial Vehicles Lubricants Market size is estimated at 252.25 Million Liters in 2024, and is expected to reach 270.66 Million Liters by 2026, growing at a CAGR of 3.58% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : Engine oil is the most popular product in the Egyptian CV fleets since it is used in large quantities in heavy-duty trucks and is refilled frequently than other product types.
- Fastest Segment by Product Type - Greases : Greases are expected to be the fastest-growing segment in Egypt's CV industry due to the expected growth in production and sales of trucks and a surge in industrial activity.
Egypt Commercial Vehicles Lubricants Market Trends
This section covers the major market trends shaping the Egypt Commercial Vehicles Lubricants Market according to our research experts:
Largest Segment By Product Type : Engine Oils
- In Egypt, commercial vehicles (CV) form the largest segment in terms of automotive lubricant consumption. During 2015-2019, lubricant consumption recorded a CAGR of around 1.8% in the CV segment. The growth was majorly driven by the growing freight transportation activities in the country.
- The commercial vehicle lubricant consumption declined by 8.1% as the COVID-19 pandemic affected freight transportation in 2020. While the engine oil segment accounts for more than a 90% share in CV lubricant consumption, a significant decline of 10.56% was observed in the consumption of greases by the CV segment during the year.
- During 2021-2026, the greases segment is likely to be the fastest-growing product type, exhibiting a CAGR of 5.4%. The recovery in usage and production of commercial vehicles is likely to drive the consumption of greases over the coming years.
Egypt Commercial Vehicles Lubricants Industry Overview
The Egypt Commercial Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 87.71%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Egypt Commercial Vehicles Lubricants 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 Commercial Vehicles Lubricants 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.
Egypt Commercial Vehicles Lubricants 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 Product Type
4.1.1 Engine Oils
4.1.2 Greases
4.1.3 Hydraulic Fluids
4.1.4 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
Egypt Commercial Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Egypt Commercial Vehicles Lubricants Market Research FAQs
How big is the Egypt Commercial Vehicles Lubricants Market?
The Egypt Commercial Vehicles Lubricants Market size is expected to reach 252.25 million Liters in 2024 and grow at a CAGR of 3.58% to reach 270.66 million Liters by 2026.
What is the current Egypt Commercial Vehicles Lubricants Market size?
In 2024, the Egypt Commercial Vehicles Lubricants Market size is expected to reach 252.25 million Liters.
Who are the key players in Egypt Commercial Vehicles Lubricants Market?
Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies are the major companies operating in the Egypt Commercial Vehicles Lubricants Market.
Which segment has the biggest share in the Egypt Commercial Vehicles Lubricants Market?
In the Egypt Commercial Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the Egypt Commercial Vehicles Lubricants Market?
In 2024, the Greases segment accounts for the fastest growing by product type in the Egypt Commercial Vehicles Lubricants Market.
What years does this Egypt Commercial Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the Egypt Commercial Vehicles Lubricants Market size was estimated at 245.21 million Liters. The report covers the Egypt Commercial Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Commercial Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
Egypt Commercial Vehicles Lubricants Industry Report
Statistics for the 2023 Egypt Commercial Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Commercial Vehicles Lubricants analysis includes a market forecast outlook to 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Egypt Commercial Vehicles Lubricants Market Report Snapshots
