Summary

The United Kingdom automotive lubricant market is expected to register growth at a formidable rate during the forecast period. Growing demands for automotive ownership and higher sales of passenger cars and commercial vehicles are anticipated to propel the growth of the United Kingdom automotive lubricant market. Automotive lubricants reduce friction and wear in the engine. Lubricants also enhance the vehicle performance and cool down the engine parts. Investments made by market players for research and technological advancements in automobiles are further substantiating the growth of the United Kingdom automotive lubricant market.
With higher personal disposable income, people are inclined towards purchasing their own vehicles, which is resulting in increased sales of passenger cars and light commercial vehicles. In 2021, 932.49 thousand vehicles were manufactured in the United Kingdom, out of which total passenger vehicle production stood at 859.58 thousand units. Although vehicle production was comparatively less than the sales of passenger cars, the imported vehicles surged the demand for automotive lubricants, which aided the growth of the market.
The United Kingdom automotive lubricant market is segmented on the basis of vehicle type, application, type, demand category, competitional landscape, and regional distribution. The market is further segmented based on vehicle type: passenger cars, light commercial vehicle (LCV), medium & heavy commercial vehicles (M&HCV), two-wheeler, and OTR. The passenger car segment is expected to hold the largest share in the United Kingdom automotive lubricants market owing to the rapid adoption of passenger vehicles and increasing vehicle ownership.
Major market players in the United Kingdom automotive lubricants market are BP PLC (Castrol), Exol Lubricants Limited, Chevron Corporation, Fuchs Petrolub SE, ExxonMobil Corporation, Morris Lubricants, PETRONAS Lubricants International Sdn Bhd, Motul, Shell plc., TotalEnergies SE, among others.

Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F–2027F
Objective of the Study:
• To analyze the historical growth in the market size of the United Kingdom automotive lubricant market from 2017 to 2021.
• To estimate and forecast the market size of United Kingdom automotive lubricant market from 2022 to 2027 and growth rate until 2027.
• To classify and forecast the United Kingdom automotive lubricant market based on vehicle type, application, type, demand category, region, and company.
• To identify the dominant region or segment in the United Kingdom automotive lubricant market.
• To identify drivers and challenges for the United Kingdom automotive lubricant market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United Kingdom automotive lubricant market.
• To identify and analyze the profiles of leading players operating in the United Kingdom automotive lubricant market.
• To identify key sustainable strategies adopted by market players in United Kingdom automotive lubricant market
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom automotive lubricant market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
• Automotive lubricant manufacturers
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to automotive lubricants
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as product manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United Kingdom automotive lubricant market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• United Kingdom Automotive Lubricant Market, By Vehicle Type:
o Passenger Car
o Light Commercial Vehicle (LCV)
o Medium & Heavy Commercial Vehicle (M&HCV)
o Two-Wheeler
o OTR
• United Kingdom Automotive Lubricant Market, By Application:
o Engine Oil
o Transmission Oil
o Hydraulic Fluids
o Greases
o Others
• United Kingdom Automotive Lubricant Market, By Type:
o Mineral Based
o Synthetic
• United Kingdom Automotive Lubricant Market, By Demand Category:
o OEM
o Replacement
• United Kingdom Automotive Lubricant Market, By Region:
o London
o East Anglia
o Southwest
o Southeast
o Scotland
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom automotive lubricant market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report.
Company Information
• Detailed analysis and profiling of additional market players (up to five).

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