South Africa Automotive Engine Oils Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 192.26 Million Liters |
| Market Volume (2026) | 206.90 Million Liters |
| CAGR (2024 - 2026) | 3.74 % |
| Market Concentration | High |
South Africa Automotive Engine Oils Market Analysis
The South Africa Automotive Engine Oils Market size is estimated at 192.26 Million Liters in 2024, and is expected to reach 206.90 Million Liters by 2026, growing at a CAGR of 3.74% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Commercial Vehicles : The commercial vehicle (CV) category in South Africa consumes the bulk of engine oil as the country has roughly 3.4 million CVs, with a high percentage of old CVs.
- Fastest Segment by Vehicle Type - Motorcycles : In the next few years, the demand for motorcycle engine oil will likely be driven by a strong rebound in low-cost motorcycle sales, production rates, and rising travel rates.
South Africa Automotive Engine Oils Market Trends
This section covers the major market trends shaping the South Africa Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Commercial Vehicles
- In South Africa, engine oils accounted for about 80.7% of the overall automotive lubricants in 2020. During 2015-2019, engine oil consumption increased at a CAGR of over 1.83%. 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 8.54% dip in engine oil consumption. The commercial vehicle (CV) segment recorded the largest decline of 9.39% in engine oil consumption during 2019.
- During 2021-2026, the motorcycles segment is expected to register the highest growth of 4.46% in engine oil consumption, followed by the CV segment (3.53%). The growth in the motorcycles segment is likely to be driven by the country's strong demand for mopeds and motorcycles over the next five years.
South Africa Automotive Engine Oils Industry Overview
The South Africa Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 80.30%. The major players in this market are Astron Energy Pty Ltd, BP Plc (Castrol), Engen Petroleum Ltd, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
South Africa Automotive Engine Oils Market Leaders
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Astron Energy Pty Ltd
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BP Plc (Castrol)
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Engen Petroleum Ltd
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Royal Dutch Shell Plc
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TotalEnergies
*Disclaimer: Major Players sorted in no particular order
South Africa Automotive Engine Oils Market News
- March 2022: FUCHS company introduced Maintain Fricofin and Titan GT1 Flex small pack lubricants for automotive applications.
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- September 2021: Engen has made a ground-breaking development by launching its Engen App for the convenience of its customers. Engen will offer all its products and services through this app, making it easier for the consumers. This is expected to increase the sales of its lubricants and gain brand recognition in the region.
South Africa 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 Astron Energy Pty Ltd
5.3.2 BP Plc (Castrol)
5.3.3 Engen Petroleum Ltd
5.3.4 ExxonMobil Corporation
5.3.5 FUCHS
5.3.6 Puma Energy
5.3.7 Q8Oils
5.3.8 Royal Dutch Shell Plc
5.3.9 Sasol
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
South Africa Automotive Engine Oils Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
South Africa Automotive Engine Oils Market Research FAQs
How big is the South Africa Automotive Engine Oils Market?
The South Africa Automotive Engine Oils Market size is expected to reach 192.26 million Liters in 2024 and grow at a CAGR of 3.74% to reach 206.90 million Liters by 2026.
What is the current South Africa Automotive Engine Oils Market size?
In 2024, the South Africa Automotive Engine Oils Market size is expected to reach 192.26 million Liters.
Who are the key players in South Africa Automotive Engine Oils Market?
Astron Energy Pty Ltd, BP Plc (Castrol), Engen Petroleum Ltd, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the South Africa Automotive Engine Oils Market.
Which segment has the biggest share in the South Africa Automotive Engine Oils Market?
In the South Africa Automotive Engine Oils Market, the Commercial Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the South Africa Automotive Engine Oils Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the South Africa Automotive Engine Oils Market.
What years does this South Africa Automotive Engine Oils Market cover, and what was the market size in 2023?
In 2023, the South Africa Automotive Engine Oils Market size was estimated at 186.33 million Liters. The report covers the South Africa Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Automotive Engine Oils Market size for years: 2024, 2025 and 2026.
South Africa Automotive Engine Oils Industry Report
Statistics for the 2024 South Africa Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Africa 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.
