Egypt Passenger Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 84.57 Million Liters |
| Market Volume (2026) | 90.24 Million Liters |
| CAGR (2024 - 2026) | 3.30 % |
| Market Concentration | High |
Egypt Passenger Vehicles Lubricants Market Analysis
The Egypt Passenger Vehicles Lubricants Market size is estimated at 84.57 Million Liters in 2024, and is expected to reach 90.24 Million Liters by 2026, growing at a CAGR of 3.30% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : Since it is used in enormous amounts and frequently replenished than other product categories, engine oil is the most popular product in Egyptian SUVs and Sedans.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption is predicted to be the highest among all product categories in the Egypt PV sector, as penetration of automatic car and used car expected to rise.
Egypt Passenger Vehicles Lubricants Market Trends
This section covers the major market trends shaping the Egypt Passenger Vehicles Lubricants Market according to our research experts:
Largest Segment By Product Type : Engine Oils
- Passenger vehicle (PV) is the second-largest segment in terms of automotive lubricant consumption in Morocco. During 2015-2019, the PV lubricant consumption witnessed a CAGR of 1.9%, primarily due to the country's car population surge.
- In 2020, PVs accounted for about 23.5% of the country's total automotive lubricant consumption. Engine oils accounted for the largest share in PV lubricant consumption, with a share of over 88%. During 2020, PV lubricants consumption declined by 8.2% due to the lower usage of the vehicle fleet post-COVID-19 outbreak.
- The transmission oil segment is projected to grow steadily, exhibiting a CAGR of 5.7% during 2021-2026. This growth is likely to be driven by the recovery of passenger car production and a recovery in average distance traveled in the country.
Egypt Passenger Vehicles Lubricants Industry Overview
The Egypt Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 87.73%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Egypt Passenger 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 Passenger Vehicles Lubricants Market News
- July 2021: ENOC Misr collaborated with Misr Petroleum to blend and fill lubricants in Misr Petroleum's cutting-edge facility in Egypt.
- 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.
- March 2021: Hyundai Motor Company and Royal Dutch Shell PLC announced a five-year global business cooperation agreement, with a new focus on clean energy and carbon reduction, to help Hyundai continue its transformation as a Smart Mobility Solution Provider.
Egypt Passenger 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 ENOC Misr
5.3.6 ExxonMobil Corporation
5.3.7 FUCHS
5.3.8 Misr Petroleum
5.3.9 Petromin Corporation
5.3.10 Royal Dutch Shell PLC
5.3.11 TotalEnergies
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Egypt Passenger Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Egypt Passenger Vehicles Lubricants Market Research FAQs
How big is the Egypt Passenger Vehicles Lubricants Market?
The Egypt Passenger Vehicles Lubricants Market size is expected to reach 84.57 million Liters in 2024 and grow at a CAGR of 3.30% to reach 90.24 million Liters by 2026.
What is the current Egypt Passenger Vehicles Lubricants Market size?
In 2024, the Egypt Passenger Vehicles Lubricants Market size is expected to reach 84.57 million Liters.
Who are the key players in Egypt Passenger 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 Passenger Vehicles Lubricants Market.
Which segment has the biggest share in the Egypt Passenger Vehicles Lubricants Market?
In the Egypt Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the Egypt Passenger Vehicles Lubricants Market?
In 2024, the Transmission & Gear Oils segment accounts for the fastest growing by product type in the Egypt Passenger Vehicles Lubricants Market.
What years does this Egypt Passenger Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the Egypt Passenger Vehicles Lubricants Market size was estimated at 82.43 million Liters. The report covers the Egypt Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
Egypt Passenger Vehicles Lubricants Industry Report
Statistics for the 2024 Egypt Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt Passenger Vehicles 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.
