East Africa Automotive Lubricants Market Future Business Opportunities 2023-2028 | MarkNtel
As per MarkNtel The East Africa Automotive Lubricants market is projected to grow at a CAGR of around 4.83% during the forecast period, i.e., 2023-28. Some of the factors that have attributed to the growth of the market are expanding vehicle ownership in the East African countries with the increase in disposable income as well as improving road infrastructure. These improvements in the East African countries have led to encouraging customers to own vehicles, which has resulted in enhancing the vehicle fleet on the road, subsequently promoting the demand for automotive lubricants.
East Africa Automotive Lubricants Market Systems Market Insights:
Additionally, the countries such as Ethiopia, Somalia, Kenya, Tanzania, etc., are sizeable markets for second-hand/pre-owned cars & motorcycles that are imported to these countries from Asia & Middle Eastern countries. These pre-owned vehicles are priced economically, compared to new vehicles, thereby improving the affordability of the customers to purchase new vehicles.
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East Africa Automotive Lubricants Market Systems Market Segmentation:
By Type
- Engine Oil
- Gear Oil
- Transmission Fluids
- Brake Fluids
- Greases
- Coolants & Antifreezes
- Others (Additives, Oil Bender, etc.)
By Base Oil
- Mineral Oil Lubricants
- Synthetic Lubricants
- Semi-Synthetic Lubricants
By Vehicle Type
- Two-Wheelers
- Passenger Cars
- Commercial Vehicles
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
By Country
- Ethiopia
- Kenya
- Somalia
- Tanzania
- Uganda
- South Sudan
- Others
East Africa Automotive Lubricants Market Recent Development:
- 2023: Castrol Kenya & Rubis Energy Kenya announced their partnership to launch a wide range of automotive lubricants. According to Castrol, the respective categories are targeted – petrol, diesel, and transmission machinery.
- 2022: Indian automotive lubricant manufacturer Maxximus announced to triple its capacity in the East Africa region, as the company operates through a wholly owned subsidiary, Nairobi, Kenya-based MX Africa Ltd. The company would enhance from its existing 20,000 kl/year to 60,000 kl/year with a total cost of USD3.1 million.
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East Africa Automotive Lubricants Market Drivers:
The East African countries have witnessed a sustained upsurge in the sales of automotive vehicles that has led to an increase in the demand for automotive lubricants such as engine oil. Brake & gear oil, transmission fluid, etc. The lower prices of pre-owned cars in East African countries have enhanced the sales of automobiles. The sales in the countries have also increased with the growing need for personal vehicles by customers. For instance, as per the automotive database service provider Focus2Move, Kenya’s automotive market, with sales of around 5,400 new cars, exhibited an increase of nearly 4.7% in 2022 compared to 2021. A similar growth trend was observed in Ethiopia, with sales of about 1,503 cars in 2022 & around 5.6% growth from 2021.
Report Highlights Essential Insights for Strategic Decision-Making
- Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the East Africa Automotive Lubricants Market are:
- Total Energies-Kenya
- Shell-Kenya
- Kenol Kobil
- Vevo Energy
- Rubis Energy Uganda
- Puma Energy Tanazania
- Oryx Energies
- Yetebaberut Beherawi Petroleum (YBP)
- East Africa Gasoil Ltd.
- Africa Fuel & Lubricants Ltd.
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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MarkNtel Advisors is a leading research and consulting firm providing strategic intelligence across the automotive industry, spanning automobiles, electric vehicles, autonomous driving, and automotive components & electronics. Our research helps OEMs, suppliers, and investors navigate regulatory shifts, evolving mobility patterns, and emerging EV ecosystems. With Custom Market Analysis, we deliver tailored research solutions that address specific business objectives, empowering clients to optimize investments, accelerate innovation, and sustain long-term growth in the global automotive market.
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