Title: South Africa Lubricant Market, Automotive Lubricant Industry
1South Africa Lubricant Market Outlook to 2020
Ken Research
2South Africa Lubricant Market
- South Africa lubricant market has witnessed
considerable growth over the period 2010-2015 and
has become a hub of operations for major players
such as Shell, Engen, BP/Castrol, Total and
Chevron. Consumption of lubricants in South
Africa has been reported at thousand tons in
2010. Factors such as inclining vehicle sales and
enhancing manufacturing, construction and mining
and quarrying sector has propelled the
consumption of finished lubricants to thousand
tons in 2015
3South Africa Automotive Lubricant Market Size
- Automotive lubricants market of South Africa has
observed a significant growth of in terms of
revenue over the period 2010-2015. Revenues of
the market for automotive lubricants has enhanced
from USD million in 2010 to USD million in
2015. - Number of factors has contributed towards the
growth automotive sector over the period
2010-2015. - Such growth in the revenues has been witnessed on
the grounds of surging sales of vehicles in the
country. - Production of vehicles in South Africa has also
surged over the period 2010-2015, which has
further propelled the market for automotive
lubricants in South Africa. Total production of
vehicles has amplified from in 2010 to in
2015. Production of commercial vehicles has
surged from in 2010 to in 2015. On the other
hand, production of cars in the country increased
from in 2012 to in 2015.
4South Africa Automotive Lubricant Market
Segmentation
- Passenger vehicles are the largest end users for
lubricants in South Africa. Consumption of
lubricants by passenger vehicles has augmented
from thousand tons in 2010 to thousand tons
2015. On the other hand its share in revenues in
the automotive sector has enhanced from in
2010 to in 2015.
5South Africa Industrial And Machinery Lubricants
Market Size
- Market for industrial and machinery lubricants in
South Africa has enhanced from USD million in
2010 to USD million in 2015 registering a CAGR
of during the review period. - Several factors have contributed towards the
growth of the market over the period 2010-2015.
Revenues of the construction industry has surged
from ZAR billion in 2010 to ZAR billion in
2015 posting a significant CAGR of during the
period. This has increased the consumption of
lubricants by construction machinery in South
Africa. - Mining and quarrying industry which consumes
around of the industrial and machinery
lubricants in the county has amplified from ZAR
billion in 2011 to ZAR billion in 2015. The
machinery used in the mining requires lubricants
to perform efficiently which makes it an
essential requirement. Therefore, growth in the
mining and construction industry has propelled
the lubricant industry of South Africa. Revenues
of the manufacturing industry have also augmented
from ZAR billion in 2010 to ZAR billion in
2015
6South Africa Industrial And Machinery Lubricants
Market Segmentation
- Mining and quarrying sector and the manufacturing
sector have accounted for the largest revenue
share of 36.2 and 33.6 in the industrial
lubricants market during 2015. Shell has been the
leading player in the industrial and machinery
segment as of 2015 and their lubricants are
significantly popular in South Africa. Lubricants
are essential requirements for a mining operation
to be profitable, as they ensure the efficiency
of equipments. Mining conditions are extremely
harsh which makes the application of lubricants
particularly important. Contribution of mining
and quarrying to the overall GDP of county has
increased from in 2009 to in 2013.
7figure south africa industrial and machinery
lubricant market size on the basis of revenue in
usd million, 2010-2015
8South Africa Future Outlook And Projections
- South Africa lubricants market has grown at a
considerable pace over the period 2010-2014.
However, the growth was slightly constrained in
the year 2015 mainly due to falling vehicle sales
and slow growth in the manufacturing sector. The
market has been anticipated to pick up from 2017,
and grow significantly over the period 2017-2020.
Market for lubricants in South Africa has been
projected to reach USD million in 2020, posting
a CAGR of over the period 2016-2020.
9Figure South Africa Future Outlook And
Projections On The Basis Of Revenue In Usd
Million, 2016-2020
10Key Factors Considered In The Report
- Market size of South Africa Lubricant Market by
Revenue - Market size of South Africa Lubricant market by
consumption - Market size of South Africa Automotive Lubricant
Market - Market size of South Africa Industrial and
Machinery Lubricants Market - South Africa Lubricant Market Segmentation by
Application - South Africa Lubricant Market Segmentation by
Provinces - South Africa Automotive Lubricant Market
Segmentation by Major end Users - South Africa Automotive Lubricant Market
Segmentation by Type of Base Oil Used - South Africa Automotive Lubricant Market
Segmentation by Distribution Channel - South Africa Automotive Lubricant Market
Segmentation by Organized and Unorganized Sector - South Africa Industrial and Machinery Lubricant
Market Segmentation by Major end Users - South Africa Industrial and Machinery Lubricant
Market Lubricant Market Segmentation by Type of
Base Oil Used
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