South Africa Commercial Vehicles Lubricants Market Size

Statistics for the 2023 & 2024 South Africa Commercial Vehicles Lubricants market size, created by Mordor Intelligence™ Industry Reports. South Africa Commercial Vehicles Lubricants 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 Commercial Vehicles Lubricants Industry

market snapshot grapgh
Study Period 2015 - 2026
Base Year For Estimation 2020
Market Volume (2024) 131.03 Million Liters
Market Volume (2026) 141.67 Million Liters
CAGR (2024 - 2026) 3.98 %
Market Concentration High

South Africa Commercial Vehicles Lubricants Market Analysis

The South Africa Commercial Vehicles Lubricants Market size is estimated at 131.03 Million Liters in 2024, and is expected to reach 141.67 Million Liters by 2026, growing at a CAGR of 3.98% during the forecast period (2024-2026).

  • Largest Segment by Product Type - Engine Oils : As it is used in large quantities and replenished more frequently than other product categories, engine oil is highly popular in commercial vehicle fleets in South Africa.
  • Fastest Segment by Product Type - Hydraulic Fluids : Hydraulic fluid will likely have the fastest growth among all product types due to increased travel rates and expected growth in production outputs in the coming years.

South Africa Commercial Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026