UK Passenger Vehicles Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 141.82 Million Liters |
| Market Volume (2026) | 148.29 Million Liters |
| 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.
UK Passenger Vehicles Lubricants Market Trends
This section covers the major market trends shaping the UK Passenger Vehicles Lubricants Market according to our research experts:
Largest Segment By Product Type : Engine Oils
- Passenger vehicles (PVs) account for the highest consumption volume of automotive lubricants. However, after registering peak demand during 2016, their lubricant consumption has been on a declining trend owing to economic uncertainties caused by Brexit.
- In 2020, due to the lockdown imposed to curb the spread of COVID-19, lubricant consumption rate in the segment fell by 18.32%. The three-month lockdown in the first quarter of 2021 is likely to slow the sales growth more in comparison to the previously expected rate.
- In the second half of 2021, government incentives to increase electric vehicle penetration are likely to support passenger vehicle population growth. Vehicle production is likely to recover from the impact of Brexit and COVID-19 at a slow pace over the first half of the forecast period. Hence, the PV lubricant consumption is likely to register a CAGR of 1.95% during the period.
UK Passenger Vehicles Lubricants Industry Overview
The United Kingdom Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 68.95%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, Petronas Lubricants International, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
UK Passenger Vehicles Lubricants 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 Passenger Vehicles Lubricants Market News
- 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: FUCHS Lubricants unveiled TITAN GT1 FLEX C23 SAE 5W-30, a new high-performance engine oil for use in passenger cars and vans.
- April 2021: Exol Lubricants expanded its product range by adding the Optima C5 LSOV oil, which can be used in a wide range of modern petrol and diesel engine applications.
UK Passenger Vehicles Lubricants 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 Product Type
4.1.1 Engine Oils
4.1.2 Greases
4.1.3 Hydraulic Fluids
4.1.4 Transmission & Gear Oils
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 Exol Lubricants Limited
5.3.3 ExxonMobil Corporation
5.3.4 FUCHS
5.3.5 LIQUI MOLY
5.3.6 Morris Lubricants
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 Passenger Vehicles Lubricants Industry Segmentation
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
UK Passenger Vehicles Lubricants Market Research FAQs
How big is the United Kingdom Passenger Vehicles Lubricants Market?
The United Kingdom Passenger Vehicles Lubricants Market size is expected to reach 141.82 million Liters in 2024 and grow at a CAGR of 2.26% to reach 148.29 million Liters by 2026.
What is the current United Kingdom Passenger Vehicles Lubricants Market size?
In 2024, the United Kingdom Passenger Vehicles Lubricants Market size is expected to reach 141.82 million Liters.
Who are the key players in United Kingdom Passenger Vehicles Lubricants Market?
BP PLC (Castrol), ExxonMobil Corporation, Petronas Lubricants International, Royal Dutch Shell Plc and TotalEnergies are the major companies operating in the United Kingdom Passenger Vehicles Lubricants Market.
Which segment has the biggest share in the United Kingdom Passenger Vehicles Lubricants Market?
In the United Kingdom Passenger Vehicles Lubricants Market, the Engine Oils segment accounts for the largest share by product type.
Which is the fastest growing segment in the United Kingdom Passenger Vehicles Lubricants Market?
In 2024, the Hydraulic Fluids segment accounts for the fastest growing by product type in the United Kingdom Passenger Vehicles Lubricants Market.
What years does this United Kingdom Passenger Vehicles Lubricants Market cover, and what was the market size in 2023?
In 2023, the United Kingdom Passenger Vehicles Lubricants Market size was estimated at 136.19 million Liters. The report covers the United Kingdom Passenger Vehicles Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United Kingdom Passenger Vehicles Lubricants Market size for years: 2024, 2025 and 2026.
United Kingdom Passenger Vehicles Lubricants Industry Report
Statistics for the 2024 United Kingdom Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Kingdom Passenger Vehicles Lubricants analysis includes a market forecast outlook to 2026 and historical overview. Get a sample of this industry analysis as a free report PDF download.
