Showing posts with label Africa Industrial Lubricant Market. Show all posts
Showing posts with label Africa Industrial Lubricant Market. Show all posts

Thursday, July 28, 2016

Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth of Lubricants Market in South Africa: Ken Research

Manufacturing sector of South Africa has been evaluated at ZAR 379.6 billion in 2015, which has escalated from ZAR 358.7 billion in 2010, registering a CARG of 1.1% during the period. Different types of hydraulic oils, industrial gear oils and greases have important application in the manufacturing industry. Assembly lines and other machines used in the manufacturing industry need lubrication to work with precision and last long. Therefore, growing manufacturing sector of South Africa has escalated the demand for industrial lubes in the country over the period 2010-2015. Shell lubricants and greases have been the most popular in South Africa over the period 2013-2015.
Automotive lubricants have contributed majority of the share in lubricants market in South Africa. Growth in vehicle sales have provided significant boost to the automotive lubricants market over the period 2010-2015. The growth in share of automotive segment has also been supported by growing use of high performance synthetic lubricants in South Africa which are majorly being demanded by the automotive sector of the country over the period 2010-2015. Within the automotive sector, passenger vehicles have been the largest segment in this category.


Enhancing mining and quarrying operations and growing manufacturing and construction sectors have propelled the market for industrial and machinery market over the period 2010-2015.
“According to Research Analyst at Ken Research, Food grade lubricants can be targeted as the South African food and beverages industry is expected to flourish over the period 2016-2020 generating considerable demand for such lubricants. A new entrant should look to procure crude oil from the coast of Durban. Around 80% of South Africa’s crude oil is imported through the single buoy mooring (SBM) system off the coast of Durban.
The report titled South Africa Lubricant Market Outlook to 2020 - Inclining Vehicle Sales and Growing Manufacturing and Mining Sector to Drive Future Growth provides an inclusive analysis of the lubricant Market in South Africa. This report will help a reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help industry consultants, finished lubricant manufacturers, dealers, retail chains, potential entrants and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
For more information on the research report, refer to the below link:
Key Topics Covered in the Report
o   Market size of South Africa Lubricant Market by Revenue and by consumption
o   Market size of South Africa Automotive Lubricant Market by Revenue
o   Market size of South Africa Industrial and Machinery Lubricant Market by Revenue
o   South Africa Automotive Lubricant Market Segmentation by Major end Users, Type of Base Oil Used, Distribution Channel, Organized and Unorganized Sector
o   South Africa Industrial and Machinery Lubricant Market Segmentation by Major end Users, by Type of Base Oil Used, by Distribution Channel, by Organized and Unorganized Sector and by Major Types of Lubricants
o   Market Share and competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
o   Competitive Landscape of Leading Manufacturers in South Africa Lubricant Market, 2015
o   Export-Import of Lubricants in South Africa, 2011-2015
o   South Africa Lubricant Market Future Outlook and Projections, 2016-2020
o   Analyst Recommendations

Key Products Mentioned in the Report
Engine Oil
Hydraulic Oil
Greases
Industrial Gear Oils
Automotive Gear Oils
Metal working Fluids

Companies Covered in the Report
Shell
Engen
BP/Castrol
Chevron
Total Lubricants


Related Reports:


Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249