North Africa Automotive Lubricants Market Overview:

According to MarkNtel Advisors study the North Africa Automotive Lubricants Market size is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30. Key factors shaping the industry landscape and influencing market dynamics include the rising fleet of vehicles in the region due to the growing e-commerce industry, rising construction activities, development of industrial facilities, increasing consumer spending, etc.

North Africa Automotive Lubricants Market Challenge:

Increasing Adoption of Electric Vehicles to Hinder Market Growth – To reduce emissions and combat environmental issues in the transportation sector, there has been an inclination toward Electric Vehicles (EVs) in the last few years. However, electric vehicles do not require lubricant oil since the engines in the EVs generate much less friction than the other types of engines. Thus, the increasing sales of EVs are hampering the market growth. Along with this, there is a disparity in the quality of lubricants between countries, such as Egypt and Morocco. As a result, the imported lubricants that do not adhere to the standardized quality are stopped at customs and fail to reach the customers. Moreover, this is causing the market players to develop different products for each country, leading to higher spending on R&D and production, refraining the companies from expanding their sales & production, and negatively impacting the market growth & expansion.

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Scope of the North Africa Automotive Lubricants Market Report Segmentation

-By Type

• Engine Oil- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Gear Oil- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Transmission Fluids- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Brake Fluids- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Greases- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Coolants & Antifreezes- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Others (Additives, Oil Benders, etc.) - Market Size & Forecast 2019-2030F, (Thousand Tons)

-By Base Oil

• Mineral Oil Lubricants- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Synthetic Lubricants- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Bio Lubricants- Market Size & Forecast 2019-2030F, (Thousand Tons)

-By Vehicle Type

• Two-Wheelers- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Passenger Cars- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Commercial Vehicles- Market Size & Forecast 2019-2030F, (Thousand Tons)
• Off the Road (OTR) Vehicles- Market Size & Forecast 2019-2030F, (Thousand Tons)

For more detailed information about the North Africa Automotive Lubricants market report, click here – https://www.marknteladvisors.com/research-library/north-africa-automotive-lubricants-market.html

Geographical analysis:

-By Country

• Egypt
• Morocco
• Algeria
• Libya
• Rest of North Africa

Egypt has gained a significant share of the North Africa Automotive Lubricants Market. The market growth is attributed to the rising demand for vehicles across the country due to the growth of the e-commerce sector, rising construction activities, development of the industrial sector, etc. The construction sector in Egypt has experienced robust growth in the past years attributed to the rising public-private partnerships and green building expansion plans.

North Africa Automotive Lubricants Industry Recent Development:

• 2024: TotalEnergies SE introduced a new range of lubricants developed with the use of premium base oils. This lubricant is also approved by several vehicle manufacturers, building trust among consumers regarding the product quality.

Current Landscape of North Africa Automotive Lubricants Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the North Africa Automotive Lubricants market. The research report profiles major players, including

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• TotalEnergies SE
• Shell International B.V.
• Rubis Energie
• Exxon Mobil Corporation
• Misr Petroleum
• Castrol Limited
• Chevron Alkhalij
• Rymax Lubricants
• PetroMix Company
• Egyptian Company for Oil & Grease
• Others

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