United Kingdom Automotive Lubricants Market Growth, Size, Trends, Demand and Future Outlook
United Kingdom Automotive Lubricants Market Size- By Vehicle Type, By Product Type- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: CHEM2432 | Pages: 1 - 103 | Formats*: |
| Category : Chemical & Materials | |||
United Kingdom Automotive Lubricants Market Introduction and Overview
According to SPER Market Research, the United Kingdom Automotive Lubricants Market is estimated to reach USD 239.36 Million Liters by 2033 with a CAGR of 2.7%.
The report includes an in-depth analysis of the United Kingdom Automotive Lubricants Market, including market size and trends, product mix, applications, and supplier analysis. Automotive lubricants are fluids and greases that are specifically formulated for use in automobiles, trucks, motorcycles, and other automotive machinery. These lubricants are designed to fulfil certain performance standards and are critical for maintaining engine health, reducing fuel consumption, and lowering hazardous emissions. The proper lubricant selection can have a considerable impact on vehicle longevity, performance, and fuel efficiency.
- January 2022: Effective April 1, ExxonMobil Corporation was divided into three business lines: ExxonMobil Upstream Company, ExxonMobil Product Solutions, and ExxonMobil Low Carbon Solutions.
- June 2021: TotalEnergies and the Stellantis Group renewed their partnership to collaborate across multiple segments. In addition to renewing agreements with Peugeot, Citroën, and DS Automobiles, the new alliance also includes Opel and Vauxhall. This relationship covers lubricant creation and innovation, first-fill in Stellantis group vehicles, Quartz lubricant advice, and shared use of TotalEnergies charging stations, among other things.
- April 2021: Texaco Lubricants launched three new engine lubricants to its successful Texaco Havoline ProDS line, each with manufacturer certification. The oils are designed to give increased wear protection even with a 2 micron lubrication coating.
Market Opportunities and Challenges
The automobile lubricants market in the United Kingdom is ripe for growth due to a variety of variables. Synthetic lubricants are becoming increasingly popular due to their improved performance and longer service intervals, which bodes well for market growth. Furthermore, the growing use of e-commerce platforms makes it easier to obtain a wide range of lubricants, expanding consumer market accessibility. In recent years, the UK automotive lubricants industry has grown steadily, driven by factors such as rising vehicle sales, a greater emphasis on vehicle maintenance, and continual advances in lubricant technology. These developments contribute to the market's upward trend, indicating a favourable environment for both incumbent firms and future entrants looking to capitalise on the changing automotive lubricant landscape in the United Kingdom.
The automobile lubricant market in the United Kingdom faces issues as oil prices fluctuate and environmental concerns grow. Changes in crude oil prices effect lubricant production costs, which in turn influence final product prices. Furthermore, there is increasing pressure on the automotive industry to address environmental problems, spurring a demand for more sustainable and ecologically friendly lubricant options. These problems highlight the necessity for industry players to traverse the market with agility, taking into account both economic and environmental factors, in order to meet changing customer wants and regulatory expectations in the UK automotive lubricants sector.
Market Competitive Landscape
The market is extremely competitive, with many global and regional competitors contending for market share. Leading organisations invest considerably in R&D to create breakthrough goods and maintain a competitive advantage. The major key players in the United Kingdom Automotive Lubricants Market are: BP PLC (Castrol), CHEVRON CORPORATION, Exol Lubricants Limited, ExxonMobil Corporation, FUCHS, LIQUI MOLY, Morris Lubricants, Motul, Petronas Lubricants International, Q8Oils, Royal Dutch Shell Plc, TotalEnergies, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Vehicle Type, By Product Type |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | BP PLC (Castrol), CHEVRON Corporation, Exol Lubricants Limited, ExxonMobil Corporation, FUCHS, LIQUI MOLY, Morris Lubricants, Petronas Lubricants International, Royal Dutch Shell Plc, Total Energies. |
COVID-19 Impact on United Kingdom Automotive Lubricants Market
The COVID-19 epidemic had a huge influence on the United Kingdom's automotive lubricant business. Restrictions and lockdown measures caused a decrease in vehicle utilisation, lowering demand for automotive lubricants. Disrupted supply chains and economic uncertainty exacerbated market dynamics. However, as limitations lifted and economic activity restarted, demand gradually recovered. Furthermore, altering consumer behaviours, such as a growing desire for personal transportation, created new potential for market expansion, albeit despite persistent uncertainty about the pandemic's direction.
Key Target Audience:
- Additive Companies
- Agriculture Industry
- Automotive OEMs
- Base-oil Companies
- Construction and Mining Industry
- Food Processing Industry
- General Manufacturing Industry
- Lubricants Manufacturers and Distributors
- Metal Production Industry
- Power Generation Industry
- Refining Companies
- Others
Our in-depth analysis of the United Kingdom Automotive Lubricants Market includes the following segments:
| By Vehicle Type: |
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| By Product Type: |
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Key Topics Covered in the Report:
- United Kingdom Automotive Lubricants Market Size (FY’2024-FY’2033)
- Overview of United Kingdom Automotive Lubricants Market
- Segmentation of United Kingdom Automotive Lubricants Market By Vehicle Type (Commercial Vehicles, Motorcycles, Passenger Vehicles)
- Segmentation of United Kingdom Automotive Lubricants Market By Product Type (Engine Oils, Greases, Hydraulic Fluids, Transmission & Gear Oils)
- Statistical Snap of United Kingdom Automotive Lubricants Market
- Expansion Analysis of United Kingdom Automotive Lubricants Market
- Problems and Obstacles in United Kingdom Automotive Lubricants Market
- Competitive Landscape in the United Kingdom Automotive Lubricants Market
- Impact of COVID-19 and Demonetization on United Kingdom Automotive Lubricants Market
- Details on Current Investment in United Kingdom Automotive Lubricants Market
- Competitive Analysis of United Kingdom Automotive Lubricants Market
- Prominent Players in the United Kingdom Automotive Lubricants Market
- SWOT Analysis of United Kingdom Automotive Lubricants Market
- United Kingdom Automotive Lubricants Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United Kingdom Automotive Lubricants Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United Kingdom Automotive Lubricants Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Automotive Lubricants Market
7. United Kingdom Automotive Lubricants Market, By Vehicle Type (USD Million)
7.1. United Kingdom Automotive Lubricants Market Value Share and Forecast, By Vehicle Type, 2024-20337.2. Commercial Vehicles7.3. Motorcycles7.4. Passenger Vehicles
8. United Kingdom Automotive Lubricants Market, By Product Type (USD Million)
8.1. United Kingdom Automotive Lubricants Market Value Share and Forecast, By Product Type, 2024-20338.2. Engine Oils8.3. Greases8.4. Hydraulic Fluids8.5. Transmission & Gear Oils
9. United Kingdom Automotive Lubricants Market Forecast, 2020-2033 (USD Million)
9.1. United Kingdom Automotive Lubricants Market Size and Market Share
10. United Kingdom Automotive Lubricants Market, By Vehicle Type, 2020-2033 (USD Million)
10.1. United Kingdom Automotive Lubricants Market Size and Market Share By Vehicle Type (2020-2026)10.2. United Kingdom Automotive Lubricants Market Size and Market Share By Vehicle Type (2027-2033)
11. United Kingdom Automotive Lubricants Market, By Product Type, 2020-2033 (USD Million)
11.1. United Kingdom Automotive Lubricants Market Size and Market Share By Product Type (2020-2026)11.2. United Kingdom Automotive Lubricants Market Size and Market Share By Product Type (2027-2033)
12. United Kingdom Automotive Lubricants Market, By Region, 2020-2033 (USD Million)
12.1. United Kingdom Automotive Lubricants Market Size and Market Share By Region (2020-2026)12.2. United Kingdom Automotive Lubricants Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Northern Region12.5. Southern Region12.6. Western Region
13. Company Profile
13.1. BP PLC (Castrol)13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. CHEVRON CORPORATION13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Exol Lubricants Limited13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. ExxonMobil Corporation13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. FUCHS13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. LIQUI MOLY13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Morris Lubricants13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Motul13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Petronas Lubricants International13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Q8Oils13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Royal Dutch Shell Plc13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments13.12. TotalEnergies13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments13.13. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United Kingdom Automotive Lubricants Market is projected to reach USD 239.36 million by 2033, growing at a CAGR of 2.7% during the forecast period.
United Kingdom Automotive Lubricants Market grew in market size from 2024. The Market is expected to reach USD 239.36 million by 2033, at a CAGR of 2.7% during the forecast period.
United Kingdom Automotive Lubricants Market CAGR of 2.7% during the forecast period.
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United Kingdom Automotive Lubricants Market size is USD 239.36 million from 2024 to 2033.
United Kingdom Automotive Lubricants Market Segment is Covered By Vehicle Type, By Product Type
The Europe region is anticipated to have the highest market share in United Kingdom Automotive Lubricants Market.
The key players in the market include Companies Covered BP PLC (Castrol), CHEVRON CORPORATION, Exol Lubricants Limited, ExxonMobil Corporation, FUCHS, LIQUI MOLY, Morris Lubricants, Motul, Petronas Lubricants International, Q8Oils, Royal Dutch Shell Plc, TotalEnergies, Others
Automotive lubricants are fluids and greases that are specifically formulated for use in automobiles, trucks, motorcycles, and other automotive machinery.
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