United Kingdom Automotive Lubricants Market Size & Share Analysis - Industry Research Report - Growth Trends

 Market research on automotive lubricants in the United Kingdom

The automotive lubricants market in the United Kingdom is expected to grow at a CAGR of 2.08% to reach 203.99 million litres in 2026 from its current level of 184.01 million litres in 2021. The government's traffic limitations to stop the spread of COVID-19 have decreased vehicle sales and maintenance requirements nationwide, which will result in a loss of more than 15% in the automotive lubricants industry in 2020.

Passenger vehicles make up the largest segment by vehicle type: The highest levels of lubricant consumption were found in the passenger vehicle sector due to the need for frequent service intervals and high yearly mileage requirements.

Fastest Segment by Vehicle Type - Motorcycles: During the forecast period, demand for lubricants is estimated to be driven by the anticipated recovery in motorcycle sales and production in the United Kingdom starting in 2021.

Engine oils are the largest segment by product type. Because they are used in high-temperature and high-pressure applications, engine oils have high volume requirements and short drain intervals, making them the leading product type.

Fastest Segment by Product Type - Hydraulic Fluids: During the forecast period, demand for hydraulic fluids is predicted to be driven by the anticipated rebound in automobile sales and manufacturing in the United Kingdom starting in 2021.

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