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23 May 2016  |  Africa  |  Market Research

Analysis of the Automotive Lubricants Market—Nigeria and South Africa

Decreasing GDP Growth Rate Strains Automotive Lubricant Sales

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This research service examines the automotive lubricant markets in South Africa and Nigeria. Following the assumptions of slow economic growth rates, slow GDP growth rates, and oil price volatility, the forecast predicts a decline in the revenue and volume demand growth rates for automotive lubricants in the short term. Driving overall market growt...

Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...

• As one of the least connected regions in the world, Sub-Saharan Africa (SSA) continued growth in the number of mobile towers is expected. This growth is likely to be driven by third-party tower companies (towercos). • The towercos are offering a range of tower outsourcing solutions, which ranges the outright selling of towers in sale-lease-back ...