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United Kingdom Passenger Vehicles Lubricants Market Size

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

Market Size of United Kingdom Passenger Vehicles Lubricants Industry

United Kingdom Passenger Vehicles Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 2.26 %
Market Concentration High

UK Passenger Vehicles Lubricants Market Analysis

The United Kingdom Passenger Vehicles Lubricants Market size is estimated at 141.82 Million Liters in 2024, and is expected to reach 148.29 Million Liters by 2026, growing at a CAGR of 2.26% during the forecast period (2024-2026).

  • 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 : In the United Kingdom, the expected recovery in automotive sales and production since 2021 is likely to drive the demand for hydraulic fluids during the forecast period.

United Kingdom Passenger Vehicles Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026