Morocco Automotive Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 95.67 Million Liters |
| Market Volume (2026) | 107.52 Million Liters |
| CAGR (2024 - 2026) | 6.01 % |
| Market Concentration | High |
Morocco Automotive Lubricants Market Analysis
The Morocco Automotive Lubricants Market size is estimated at 95.67 Million Liters in 2024, and is expected to reach 107.52 Million Liters by 2026, growing at a CAGR of 6.01% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : Passenger vehicles in Morocco consume more than half of automotive lubricants, as the country has over 3 million units of PVs with a high engine oil change frequency.
- Fastest Segment by Vehicle Type - Motorcycles : Morocco is expected to have the fastest increase in demand for motorcycle lubricants, 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 often used product type in Moroccan vehicles, as it is used in higher quantities and replenished more frequently than other product categories.
- Fastest Segment by Product Type - Greases : Greases are expected to be the fastest-growing segment in the Moroccan automotive industry, as other segments are hampering due to rising synthetic lubricant adoption.
Morocco Automotive Lubricants Market Trends
This section covers the major market trends shaping the Morocco Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- In Morocco, passenger vehicles (PV) accounted for the largest share of around 67% in the total number of on-road vehicles in 2020, followed by commercial vehicles (CV) and motorcycles (MC), with a share of 26.9% and 6%, respectively.
- The PV segment accounted for the largest share of around 52% in total automotive lubricant consumption in 2020, followed by CV (46.2%) and MC (1.3%), respectively. In 2020, the COVID-19 outbreak led to a notable dip in lubricants consumption, where CV lubricant consumption recorded the highest dip of 4.5%, followed by PV (2.6%) and MC (2.4%).
- The motorcycle segment is projected to be the fastest-growing lubricant consumer, with a CAGR of 9.4% 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.
Morocco Automotive Lubricants Industry Overview
The Morocco Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 66.65%. The major players in this market are Afriquia, OLA Energy, Petrom, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Morocco Automotive Lubricants Market Leaders
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Afriquia
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OLA Energy
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Petrom
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Royal Dutch Shell PLC
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TotalEnergies
*Disclaimer: Major Players sorted in no particular order
Morocco Automotive Lubricants Market News
- August 2021: During 2017-2020, OLA Energy invested around EUR 200 million and established 80 new service stations every year across its pan-African network, including Gabon, Morocco, Kenya, Reunion, and Egypt.
- April 2021: Motul launched two engine oils, namely CLASSIC EIGHTIES 10W-40 and CLASSIC NINETIES 10W-30, for classic cars manufactured between the 1970s and 2000s.
- 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.
Morocco Automotive 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 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 Afriquia
5.3.2 FUCHS
5.3.3 Motul
5.3.4 OLA Energy
5.3.5 Petrom
5.3.6 Petromin Corporation
5.3.7 Royal Dutch Shell PLC
5.3.8 TotalEnergies
5.3.9 Winxo
5.3.10 Ziz Lubrifiants
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Morocco Automotive Lubricants Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Morocco Automotive Lubricants Market Research FAQs
How big is the Morocco Automotive Lubricants Market?
The Morocco Automotive Lubricants Market size is expected to reach 95.67 million Liters in 2024 and grow at a CAGR of 6.01% to reach 107.52 million Liters by 2026.
What is the current Morocco Automotive Lubricants Market size?
In 2024, the Morocco Automotive Lubricants Market size is expected to reach 95.67 million Liters.
Who are the key players in Morocco Automotive Lubricants Market?
Afriquia, OLA Energy, Petrom, Royal Dutch Shell PLC and TotalEnergies are the major companies operating in the Morocco Automotive Lubricants Market.
Which segment has the biggest share in the Morocco Automotive Lubricants Market?
In the Morocco Automotive Lubricants Market, the Passenger Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Morocco Automotive Lubricants Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Morocco Automotive Lubricants Market.
What years does this Morocco Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the Morocco Automotive Lubricants Market size was estimated at 90.16 million Liters. The report covers the Morocco Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Morocco Automotive Lubricants Market size for years: 2024, 2025 and 2026.
Morocco Automotive Lubricants Industry Report
Statistics for the 2024 Morocco Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Morocco Automotive Lubricants analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
