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