# **Nigeria Lubricants Market Report | Size, Share, Growth — Ken Research**

***Increasing drain intervals in the automotive and industrial sectors & slowdown in the automotive industry are expected to hinder the growth of the market.***

Wind Energy sector to dominate demand: Gear oils find application in wind turbines for lubrication of the main gearbox and other gear motor components. The lubricant requirements in wind turbine gearboxes are more stringent when compared to other industrial gear oils. This is because of high temperatures, bearing wear, corrosion and oxidation, and load weights involved during the process of power generation. There is an increase in the demand for synthetic gear oils in wind turbines owing to their enhanced properties over their mineral-based counterparts & because of performance additives used during the formulation of synthetic oils. Despite facing competition from solar power generation, the wind power sector is expected to continue its growth during the forecast period. This, in turn, is expected to boost the demand for lubricants in a significant manner in the future.

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Increased demand for Steel: Lubricants are of great usage in metal works for a variety of purposes such as polishing, metal forming, lapping, metal cutting, and grinding applications. They reduce thermal deformation and flush away material that has been removed & serve a purpose in a metallurgical application involving metals such as steel, iron, and many more. Moreover they also help improve tool life and improve surface finishes. It also functions in localizing strain and inhibiting corrosion. According to the Department of Trade Industry and Corporation, South Africa is the largest steel producer in Africa & with the increasing demand for steel, the market for lubricants is reflecting growth.

Analysts at Ken Research in their latest publication, “Nigeria Lubricants Market Outlook 2027F- Driven by demand for expanding wind energy sector & rising demand for high performance lubricants” by Ken Research observed that Nigeria Lubricants Market is in a growth phase & is expected to witness a growth rate of ~% in the upcoming years owing to an increasing demand for high performance lubricants. It is to be noted that the Nigeria Lubricants market is moderately fragmented with major global and national players occupying almost half of the market with companies competing not only on the basis of product quality and promotion but also on the basis of strategic moves with the aim of capturing a larger market share.

**Key segments covered**

Nigeria lubricant Market

By Type of Lubricant, 2022P & 2027F
Industrial Lubricant
By Type of Lubricant
Hydraulic Fluid
Grease
Gear Oil
Metalworking Fluid
Others (Turbine Oil, Compressor Oil etc)
By End-use
Construction & Mining
General Manufacturing
Metal production
Power generation
Food processing
Others
By Distribution Channel
Dealer network
Direct sales
Automotive Lubricant
By type of Lubricant
Heavy-Duty Diesel Engine Oil
Passenger Vehicle Motor Oil
Transmission Fluids
Hydraulic Oil
Greases
Gear Oil
By End-use of Lubricant 2022P & 2027F
Commercial Vehicle
Passenger Car
Motor Cycle
Marine
Others (Aviation, Railway)
By Distribution Channel
Dealer Network
OEM Workshop
Supermarket
Online

**Key Target Audience**

Lubricants Manufacturers
Lubricants Distributors
Base-oil Companies
Additive Companies
Refining Companies
Construction and Mining Industry
General Manufacturing Industry
Metal Production Industry
Power Generation Industry
Food Processing Industry
Agriculture Industry
Medical Industry
Automotive OEMs
Automotive Dealerships
Government Agencies
Consulting and Advisory Firms

**Time Period Captured in the Report:**

Historical Period: 2017- 2022P
Base Year: 2022P
Forecast Period: 2022P – 2027F

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**Companies Covered:**

Total Nigeria Plc.
11 Plc.
Eterna Plc.
Oando Plc.
Ardova Plc.
Techno Oil Ltd
Forte Oil Plc
Ascon Oil Company
MRS Oil Nigeria Plc
Dozzy Oil & gas
Ammasco International Ltd

**Key Topics Covered in the Report:**

Executive Summary of Nigeria Lubricants Market
Market Size of Nigeria Lubricants Market
Market Segmentation of Nigeria Lubricants Market
SWOT Analysis of Nigeria Lubricants Market
Five Porter Analysis of Nigeria Lubricants Market
Trends and Developments in Nigeria Lubricants Market
Regulatory Bodies of Nigeria Lubricants Market
Overview of Nigeria Lubricants Challenges and restrains
End User Analysis of Nigeria Lubricants Market
Competitive Analysis of Nigeria Lubricants Market
Future Outlook of Nigeria Lubricants Market
Covid Analysis of Nigeria Lubricants Market
Analyst Recommendations

**For more insights on the market intelligence, refer to the link below**

**[Nigeria Lubricants Market](https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/nigeria-lubricants-market-outlook-2027/596285-100.html)**

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