Hexa Research
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The African engine oil market is projected to experience higher demand owing to expansion across the industries of mining, steel, cement, & construction. Low grade lubricants such as API( American Petroleum Institute) CC / CDS & CFs are widely used in Africa. However, the demand for high quality base oils is steadily rising. The African market is bifurcated on the basis of applications and regions.
Applications include passenger vehicles and commercial vehicles. The former segment held majority shares in the past. Sales channels of passenger & commercial vehicles comprise garages, workshops & servicing centers; original equipment manufacturers( OEMs); and others( like independent retailers).
Other applications; like industrial dominated in 2014, with shares exceeding 45 %. Automotive applications generated over 40 % shares the same year. The remaining shares were occupied by aviation and marine industries.
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Independent workshops were the preferred & leading sales channel for passenger vehicles. This preference was attributed to cheaper and faster services offered by these workshops as opposed to OEMs.
African nations; like Egypt, Algeria, Nigeria, South Africa, Morocco, and Sudan acco unted for over 70 % of the total volumes in 2014. Egypt produced around 20 % of the regional volumes that year.
However, Nigerian lubricants accounted nearly 8.2 % of the overall volumes. African automotive sales stood over 1.6 million units in 2013, with over 21 million units of passenger cars operating there.
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