Market Forecast By Product Type (Engine Oil, Gear Oil, Transmission Fluids, Brake Fluids, Coolants, Greases), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Motorcycles) And Competitive Landscape
Product Code: ETC172211 | Publication Date: Jan 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Egypt Automotive Lubricants market currently, in 2023, has witnessed an HHI of 2980, Which has increased moderately as compared to the HHI of 1209 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Egypt Automotive Lubricants Market |
Forecast Period | 2025-2031 |
CAGR | 5.8% |
Growing Sector | Automotive Sector |
Egypt Automotive Lubricants Market report thoroughly covers the market by product type and by vehicle type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
In recent years, the Egyptian automotive industry has experienced rapid growth, driven by government initiatives to increase automobile production in the country. With this growth comes an increased demand for automotive lubricants, essential products for the smooth operation and maintenance of vehicles.
According to 6Wresearch, the Egypt Automotive Lubricants Market size is estimated to grow at a CAGR of 5.8% during the forecast period 2025-2031. The market is the growth of the automotive industry itself. The government has implemented initiatives to increase automobile production in the country, from both domestic and foreign manufacturers. This has led to an increase in the number of vehicles on the road, driving the demand for automotive lubricants. Another driver is the increase in vehicle age, leading to the need for more frequent maintenance and lubricant changes. Additionally, the increasing use of synthetic lubricants. Synthetic lubricants offer higher performance and longer lifespan compared to conventional lubricants, making them more attractive to consumers. Another trend is the rise of sustainability in the market, with manufacturers producing lubricants that are biodegradable and environmentally friendly is estimated to surge the growth of the Egypt Automotive Lubricants industry in the coming years.
The Egyptian government has implemented several initiatives to support the automotive industry and, indirectly, the lubricants market. The government offers tax exemptions and other incentives for automobile manufacturers, leading to increased production in the country. They have also established the Egyptian Organization for Standardization and Quality, which sets standards for lubricant quality and safety. These measures are supporting the Egypt Automotive Lubricants Market growth.
Several key players dominate the Egyptian automotive lubricants market, including Shell, Total, and ExxonMobil. These companies offer a spectrum range of lubricants and have a well-known existence in the market. Smaller companies also operate in the market, providing niche products and services.
The Egyptian automotive lubricants market presents several opportunities for growth and development. The increase in automobile production and vehicle age provides a growing market for lubricants. Additionally, the emphasis on sustainability presents opportunities for manufacturers to develop new, environmentally friendly products. The lack of regulations in the market presents an opportunity for companies to differentiate themselves by producing high-quality, safe products.
According to Dhaval, Research Manager, 6Wresearch, engine oil is currently securing a massive growth in the market due to the increase in the use of mechanized machinery, changing needs of farmers, innovation, and new product development, increased population and food demand.
Based on the vehicle type, the motorcycles are the only vehicle type growing due to their unique qualities of motorcycles such as their cost-effectiveness, fuel efficiency, and flexibility.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Egypt Automotive Lubricants Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Automotive Lubricants Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Automotive Lubricants Market - Industry Life Cycle |
3.4 Egypt Automotive Lubricants Market - Porter's Five Forces |
3.5 Egypt Automotive Lubricants Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Egypt Automotive Lubricants Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Egypt Automotive Lubricants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Automotive Lubricants Market Trends |
6 Egypt Automotive Lubricants Market, By Types |
6.1 Egypt Automotive Lubricants Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Automotive Lubricants Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Egypt Automotive Lubricants Market Revenues & Volume, By Engine Oil, 2021-2031F |
6.1.4 Egypt Automotive Lubricants Market Revenues & Volume, By Gear Oil, 2021-2031F |
6.1.5 Egypt Automotive Lubricants Market Revenues & Volume, By Transmission Fluids, 2021-2031F |
6.1.6 Egypt Automotive Lubricants Market Revenues & Volume, By Brake Fluids, 2021-2031F |
6.1.7 Egypt Automotive Lubricants Market Revenues & Volume, By Coolants, 2021-2031F |
6.1.8 Egypt Automotive Lubricants Market Revenues & Volume, By Greases, 2021-2031F |
6.2 Egypt Automotive Lubricants Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Egypt Automotive Lubricants Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.2.3 Egypt Automotive Lubricants Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
6.2.4 Egypt Automotive Lubricants Market Revenues & Volume, By Motorcycles, 2021-2031F |
7 Egypt Automotive Lubricants Market Import-Export Trade Statistics |
7.1 Egypt Automotive Lubricants Market Export to Major Countries |
7.2 Egypt Automotive Lubricants Market Imports from Major Countries |
8 Egypt Automotive Lubricants Market Key Performance Indicators |
9 Egypt Automotive Lubricants Market - Opportunity Assessment |
9.1 Egypt Automotive Lubricants Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Egypt Automotive Lubricants Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Egypt Automotive Lubricants Market - Competitive Landscape |
10.1 Egypt Automotive Lubricants Market Revenue Share, By Companies, 2024 |
10.2 Egypt Automotive Lubricants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |