Market Size of United Kingdom Automotive Lubricants Industry
Study Period | 2015 - 2026 |
Base Year For Estimation | 2020 |
Forecast Data Period | 2024 - 2026 |
Historical Data Period | 2015 - 2019 |
CAGR (2024 - 2026) | 2.36 % |
Market Concentration | High |
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UK Automotive Lubricants Market Analysis
The United Kingdom Automotive Lubricants Market size is estimated at 194.71 Million Liters in 2024, and is expected to reach 203.99 Million Liters by 2026, growing at a CAGR of 2.36% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : In the passenger vehicles sector, the requirement for regular service cycles and the need for high annual mileage resulted in the highest lubricant consumption levels.
- Fastest Segment by Vehicle Type - Motorcycles : The expected recovery in motorcycle sales and production in the United Kingdom since 2021 is likely to drive their demand for lubricants during the forecast period.
- Largest Segment by Product Type - Engine Oils : Engine oils form the leading product type due to their high volume requirements and short drain intervals, as they are used in high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Hydraulic Fluids : The expected recovery in automotive sales and production in the United Kingdom since 2021 is likely to drive the demand for hydraulic fluids during the forecast period.