Market Size of united kingdom lubricants Industry
| Icons | Lable | Value |
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Study Period | 2015 - 2026 |
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Market Volume (2024) | 413.40 Million Liters |
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Market Volume (2026) | 432.40 Million Liters |
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Largest Share by End User | Automotive |
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CAGR (2024 - 2026) | 2.27 % |
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Fastest Growing by End User | Heavy Equipment |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
UK Lubricants Market Analysis
The United Kingdom Lubricants Market size is estimated at 413.40 Million Liters in 2024, and is expected to reach 432.40 Million Liters by 2026, growing at a CAGR of 2.27% during the forecast period (2024-2026).
- Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user segment in the United Kingdom, owing to the higher amount of engine and gear oils used in vehicles compared to industrial applications.
- Fastest Segment by End-user Industry - Heavy Equipment : Heavy equipment is projected to be the fastest-growing end user in the UK, owing to the rising usage of tractors and other machines in the agriculture and construction fields.
- Largest Segment by Product Type - Engine Oils : Due to the massive engine size of cars, trucks, and buses and the high oil changing frequencies, engine oil is the most widely used product category in the United Kingdom.
- Fastest Segment by Product Type - Transmission & Gear Oils : Recovery in vehicle production rates and expected rebound in industrial production activities are likely to support the consumption of transmission and gear oils.
