Market Size of United Kingdom Automotive Engine Oils Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 1.99 % |
Market Concentration | High |
UK Automotive Engine Oils Market Analysis
The United Kingdom Automotive Engine Oils Market size is estimated at 123.66 Million Liters in 2024, and is expected to reach 128.62 Million Liters by 2026, growing at a CAGR of 1.99% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest engine oil consumption among all the vehicle sectors is attributed to the high proportion of active passenger vehicle population in the United Kingdom.
- Fastest Segment by Vehicle Type - Motorcycles : The expected recovery of the production and sales of motorcycles in Poland from 2021 is likely to boost the engine oil consumption in motorcycles during the forecast period.