How big is the United Kingdom Lubricants Market?

The United Kingdom Lubricants Market size is expected to reach 413.40 million Liters in 2024 and grow at a CAGR of 2.27% to reach 432.40 million Liters by 2026. Read More

What is the current United Kingdom Lubricants Market size?

In 2024, the United Kingdom Lubricants Market size is expected to reach 413.40 million Liters. Read More

Who are the key players in United Kingdom Lubricants Market?

BP Plc (Castrol), Exol Lubricants Limited, ExxonMobil Corporation, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the United Kingdom Lubricants Market. Read More

Which segment has the biggest share in the United Kingdom Lubricants Market?

In the United Kingdom Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which is the fastest growing segment in the United Kingdom Lubricants Market?

In 2024, the Heavy Equipment segment accounts for the fastest growing by end user in the United Kingdom Lubricants Market. Read More

What years does this United Kingdom Lubricants Market cover, and what was the market size in 2023?

In 2023, the United Kingdom Lubricants Market size was estimated at 401.60 million Liters. The report covers the United Kingdom Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Lubricants Market size for years: 2024, 2025 and 2026. Read More

United Kingdom Lubricants Market Trends

Statistics for the 2023 & 2024 United Kingdom Lubricants market trends, created by Mordor Intelligence™ Industry Reports. United Kingdom Lubricants trend report includes a market forecast to 202 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of united kingdom lubricants Industry

This section covers the major market trends shaping the UK Lubricants Market according to our research experts:

Largest Segment By End User : Automotive

In 2020, the automotive sector dominated the UK lubricant market and accounted for around 46.85% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive sector declined by a CAGR of 0.78%.
In 2020, the COVID-19 pandemic-related restrictions led to declined maintenance requirements from several sectors. The major impact was observed in the automotive sector, which recorded a dip of 17.24%, followed by heavy equipment (12.35%), during the year.
Heavy equipment is likely to be the fastest-growing end-user segment of the market studied, with a CAGR of 3.23% over 2021-2026, followed by automotive (2.08%). The potential for growth in public infrastructure and commercial buildings is expected to drive the market over the coming years.