UK Automotive Engine Oils Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 123.66 Million Liters |
| Market Volume (2026) | 128.62 Million Liters |
| CAGR (2024 - 2026) | 1.99 % |
| Market Concentration | High |
UK Automotive Engine Oils Market Analysis
The United Kingdom Automotive Engine Oils Market size is estimated at 123.66 Million Liters in 2024, and is expected to reach 128.62 Million Liters by 2026, growing at a CAGR of 1.99% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The highest engine oil consumption among all the vehicle sectors is attributed to the high proportion of active passenger vehicle population in the United Kingdom.
- Fastest Segment by Vehicle Type - Motorcycles : The expected recovery of the production and sales of motorcycles in Poland from 2021 is likely to boost the engine oil consumption in motorcycles during the forecast period.
UK Automotive Engine Oils Market Trends
This section covers the major market trends shaping the UK Automotive Engine Oils Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- During 2015-2019, the consumption of automotive engine oils decreased at a CAGR of 1.41%. The decline was majorly due to a drop in vehicle sales due to uncertainties related to Brexit and an increase in the application of synthetic engine oils to extend engine oil change intervals.
- In 2020, automotive sales were further affected by the COVID-19 pandemic, leading to a dip of about 27% in sales. The motorcycles segment was the least affected, with a dip of about 2.7% in sales during the year. Such trends led to a decline of about 17.98% in engine oil consumption during 2020.
- During 2021-2026, engine oil consumption is likely to record a CAGR of 1.63%, with demand majorly driven by a surge in travel rates of passenger and commercial vehicles. Electric vehicle penetration in the passenger vehicles segment is expected to have a slight impact on engine oil consumption in the future.
UK Automotive Engine Oils Industry Overview
The United Kingdom Automotive Engine Oils Market is fairly consolidated, with the top five companies occupying 67.81%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, Petronas Lubricants International, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
UK Automotive Engine Oils Market Leaders
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BP PLC (Castrol)
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ExxonMobil Corporation
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Petronas Lubricants International
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Royal Dutch Shell Plc
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TotalEnergies
*Disclaimer: Major Players sorted in no particular order
UK Automotive Engine Oils Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- June 2021: TotalEnergies and Stellantis group renewed their partnership for cooperation across different segments. Along with the renewal of partnerships with Peugeot, Citroën, and DS Automobiles, the new collaboration extends to Opel, and Vauxhall as well. This partnership includes the development and innovation of lubricants, first-fill in Stellantis group vehicles, recommendation of Quartz lubricants, and shared usage of charging stations operated by TotalEnergies, among others.
- April 2021: Texaco Lubricants introduced three new engine oils within the successful Texaco Havoline ProDS range, each with manufacturer approvals. The oils have been designed to provide enhanced wear protection even with a lubricant layer of 2 microns.
UK Automotive Engine Oils Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Grade
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 BP PLC (Castrol)
5.3.2 CHEVRON CORPORATION
5.3.3 Exol Lubricants Limited
5.3.4 ExxonMobil Corporation
5.3.5 FUCHS
5.3.6 LIQUI MOLY
5.3.7 Motul
5.3.8 Petronas Lubricants International
5.3.9 Royal Dutch Shell Plc
5.3.10 TotalEnergies
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
UK Automotive Engine Oils Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
UK Automotive Engine Oils Market Research FAQs
How big is the United Kingdom Automotive Engine Oils Market?
The United Kingdom Automotive Engine Oils Market size is expected to reach 123.66 million Liters in 2024 and grow at a CAGR of 1.99% to reach 128.62 million Liters by 2026.
What is the current United Kingdom Automotive Engine Oils Market size?
In 2024, the United Kingdom Automotive Engine Oils Market size is expected to reach 123.66 million Liters.
Who are the key players in United Kingdom Automotive Engine Oils Market?
BP PLC (Castrol), ExxonMobil Corporation, Petronas Lubricants International, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the United Kingdom Automotive Engine Oils Market.
Which segment has the biggest share in the United Kingdom Automotive Engine Oils Market?
In the United Kingdom Automotive Engine Oils Market, the Passenger Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the United Kingdom Automotive Engine Oils Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the United Kingdom Automotive Engine Oils Market.
What years does this United Kingdom Automotive Engine Oils Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Automotive Engine Oils Market size was estimated at 119.04 million Liters. The report covers the United Kingdom Automotive Engine Oils Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Automotive Engine Oils Market size for years: 2024, 2025 and 2026.
UK Automotive Engine Oils Industry Report
Statistics for the 2024 UK Automotive Engine Oils market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Automotive Engine Oils analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
