South Africa Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 South Africa Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. South Africa Automotive Engine Oils size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of South Africa Automotive Engine Oils Industry

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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
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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 SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026