Egypt Commercial Vehicles Lubricants Market Analysis
The Egypt Commercial Vehicles Lubricants Market size is estimated at 261.28 million liters in 2025, and is expected to reach 311.52 million liters by 2030, at a CAGR of 3.58% during the forecast period (2025-2030).
- Largest Segment by Product Type - Engine Oils : Engine oil is the most popular product in the Egyptian CV fleets since it is used in large quantities in heavy-duty trucks and is refilled frequently than other product types.
- Fastest Segment by Product Type - Greases : Greases are expected to be the fastest-growing segment in Egypt's CV industry due to the expected growth in production and sales of trucks and a surge in industrial activity.
Egypt Commercial Vehicles Lubricants Market Trends
Largest Segment By Product Type : Engine Oils
- In Egypt, commercial vehicles (CV) form the largest segment in terms of automotive lubricant consumption. During 2015-2019, lubricant consumption recorded a CAGR of around 1.8% in the CV segment. The growth was majorly driven by the growing freight transportation activities in the country.
- The commercial vehicle lubricant consumption declined by 8.1% as the COVID-19 pandemic affected freight transportation in 2020. While the engine oil segment accounts for more than a 90% share in CV lubricant consumption, a significant decline of 10.56% was observed in the consumption of greases by the CV segment during the year.
- During 2021-2026, the greases segment is likely to be the fastest-growing product type, exhibiting a CAGR of 5.4%. The recovery in usage and production of commercial vehicles is likely to drive the consumption of greases over the coming years.
Egypt Commercial Vehicles Lubricants Industry Overview
The Egypt Commercial Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 87.71%. The major players in this market are Coperative Soceite des petroleum, ExxonMobil Corporation, Misr Petroleum, Royal Dutch Shell PLC and TotalEnergies (sorted alphabetically).
Egypt Commercial Vehicles Lubricants Market Leaders
Coperative Soceite des petroleum
ExxonMobil Corporation
Misr Petroleum
Royal Dutch Shell PLC
TotalEnergies
- *Disclaimer: Major Players sorted in no particular order
Egypt Commercial Vehicles Lubricants Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- July 2021: ExxonMobil and Trella signed a partnership that will allow Trella to improve trucking productivity and efficiency while also empowering drivers and fleets through the usage of Mobil Delvac.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.