Egypt Passenger Vehicles Lubricants - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2015 - 2026
The Egypt Passenger Vehicles Lubricants Market size is estimated at 84.57 Million Liters in 2024, and is expected to reach 90.24 Million Liters by 2026, growing at a CAGR of 3.30% during the forecast period (2024-2026).
Key Highlights
- Largest Segment by Product Type - Engine Oils : Since it is used in enormous amounts and frequently replenished than other product categories, engine oil is the most popular product in Egyptian SUVs and Sedans.
- Fastest Segment by Product Type - Transmission & Gear Oils : Transmission oil consumption is predicted to be the highest among all product categories in the Egypt PV sector, as penetration of automatic car and used car expected to rise.
Egypt Passenger Vehicles Lubricants Market Trends
Largest Segment By Product Type : Engine Oils
- Passenger vehicle (PV) is the second-largest segment in terms of automotive lubricant consumption in Morocco. During 2015-2019, the PV lubricant consumption witnessed a CAGR of 1.9%, primarily due to the country's car population surge.
- In 2020, PVs accounted for about 23.5% of the country's total automotive lubricant consumption. Engine oils accounted for the largest share in PV lubricant consumption, with a share of over 88%. During 2020, PV lubricants consumption declined by 8.2% due to the lower usage of the vehicle fleet post-COVID-19 outbreak.
- The transmission oil segment is projected to grow steadily, exhibiting a CAGR of 5.7% during 2021-2026. This growth is likely to be driven by the recovery of passenger car production and a recovery in average distance traveled in the country.
Egypt Passenger Vehicles Lubricants Industry Overview
The Egypt Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 87.73%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
- 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 BP PLC (Castrol)
- 5.3.2 Chevron Corporation
- 5.3.3 Coperative Soceite des petroleum
- 5.3.4 Emarat
- 5.3.5 ENOC Misr
- 5.3.6 ExxonMobil Corporation
- 5.3.7 FUCHS
- 5.3.8 Misr Petroleum
- 5.3.9 Petromin Corporation
- 5.3.10 Royal Dutch Shell PLC
- 5.3.11 TotalEnergies
- 6 Appendix
- 6.1 Appendix-1 References
- 6.2 Appendix-2 List of Tables & Figures
- 7 Key Strategic Questions for Lubricants CEOs
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