South Africa Passenger Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 107.63 Million Liters |
| Market Volume (2026) | 115.55 Million Liters |
| CAGR (2024 - 2026) | 3.61 % |
| Market Concentration | High |
South Africa Passenger Vehicles Lubricants Market Analysis
The South Africa Passenger Vehicles Lubricants Market size is estimated at 107.63 Million Liters in 2024, and is expected to reach 115.55 Million Liters by 2026, growing at a CAGR of 3.61% during the forecast period (2024-2026).
- Largest Segment by Product Type - Engine Oils : As it is used in enormous amounts and replenished more frequently than other product categories, engine oil is highly popular in SUVs and sedans in South Africa.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption will likely record the fastest growth in the South African passenger vehicle industry due to an expected rise in automatic car penetration.
South Africa Passenger Vehicles Lubricants Market Trends
This section covers the major market trends shaping the South Africa Passenger Vehicles Lubricants Market according to our research experts:
Largest Segment By Product Type : Engine Oils
- The passenger vehicle (PV) segment is the second-largest segment in terms of automotive lubricant consumption in South Africa. During 2015-2019, PV lubricant consumption recorded a CAGR of 1.83%, primarily due to the surge in the car population of the country.
- In 2020, PVs accounted for about 39% of the total automotive lubricant consumption in the country. Engine oil accounted for the largest share in PV lubricant consumption, with a share of over 85% during the year. During 2020, PV lubricants consumption declined by 2.87% due to the lower usage of the vehicle fleet post the COVID-19 outbreak.
- During 2021-2026, the transmission oils segment is projected to grow at a steady rate, exhibiting a CAGR of 5.5%. This growth is likely to be driven by the rise in sales of passenger cars (both new and used) and recovery in average distance traveled in the country.
South Africa Passenger Vehicles Lubricants Industry Overview
The South Africa Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 75.69%. 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 Passenger Vehicles Lubricants 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 Passenger Vehicles Lubricants Market News
- 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.
- July 2021: Engine expanded its horizon in Botswana by opening five new service stations in the region. The company currently operates 64 service stations and 43 quick shop convenience stores across Botswana and plans to sell its lubricants through its service station networks to its end consumers. The company has distributed around 2.2 million liters of lubricants through its distribution network in Bostwana.
- June 2021: Petronas is planning to exit the South African fuel retailer Engen.
South Africa 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 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 Passenger Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
South Africa Passenger Vehicles Lubricants Market Research FAQs
How big is the South Africa Passenger Vehicles Lubricants Market?
The South Africa Passenger Vehicles Lubricants Market size is expected to reach 107.63 million Liters in 2024 and grow at a CAGR of 3.61% to reach 115.55 million Liters by 2026.
What is the current South Africa Passenger Vehicles Lubricants Market size?
In 2024, the South Africa Passenger Vehicles Lubricants Market size is expected to reach 107.63 million Liters.
Who are the key players in South Africa Passenger Vehicles Lubricants 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 Passenger Vehicles Lubricants Market.
Which segment has the biggest share in the South Africa Passenger Vehicles Lubricants Market?
In the South Africa Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the South Africa Passenger Vehicles Lubricants Market?
In 2024, the Transmission & Gear Oils segment accounts for the fastest growing by product type in the South Africa Passenger Vehicles Lubricants Market.
What years does this South Africa Passenger Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the South Africa Passenger Vehicles Lubricants Market size was estimated at 104.32 million Liters. The report covers the South Africa Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South Africa Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
South Africa Passenger Vehicles Lubricants Industry Report
Statistics for the 2024 South Africa Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Africa 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.
