United Kingdom automotive lubricant
market is anticipated to register growth with an impressive CAGR in the
forecast period, 2023-2027. The market growth can be attributed to growing
demands for the automotive ownership. Higher sales of the passenger cars, and
commercial vehicles is further driving the growth of the United Kingdom
automotive lubricants market in the upcoming five years. Rapid adoptions to the
high-performance lubricants, and various environmental factors also support the
growth of the United Kingdom automotive lubricant market in the next five
years. Consistent research, technological advancement further substantiates the
growth of the market.
Automotive lubricants are the
vehicle engine facilitating formulas that have major functions of controlling
the friction and wear in the engine. The automotive lubricants also protect the
engine from rusting, they cool the pistons, and protect the engine oil stored
in the pump from combustion gases. The lubricants enhance the vehicle
performance that manages for the lesser consumption of fuels and is thus
environment friendly too.
Higher Vehicle Sales Drive
Market Growth
Growing production scales,
and thus the sales of the passenger cars are majorly driving the growth of the
United Kingdom automotive lubricant market in the upcoming five years. Rapidly
increasing demands for the passenger cars, light commercial vehicles along with
the increasing sales of the same drive the growth of the United Kingdom
automotive lubricants market in the upcoming five years. With higher disposable
income, the population is highly inclined toward ownership of their personal
vehicle thereby increasing the sales of the passenger card and thus the growth
of the United Kingdom automotive lubricant market in the next five years.
In 2021, 932.49 thousand vehicles
were produced in the United Kingdom. Out of which, total passenger car
production stands at 859.58 thousand units in the United Kingdom. Although
productions were lesser as compared to the sales in the country, imported
vehicles fulfilled the surged demands. 1.65 million units of passenger cars
were sold in 2021 in the United Kingdom. These factors further aided the growth
of the United Kingdom automotive lubricant market in the future five years.
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Market Segmentation
The
United Kingdom automotive
lubricant market is segmented by vehicle
type, application, type, demand category, competitional landscape, and regional
distribution. Based
on vehicle type, the market is further segmented into passenger car, light
commercial vehicle (LCV), medium & heavy commercial vehicle (M&HCV),
two-wheeler, and OTR. By application, the market is fragmented into engine oil,
transmission oil, hydraulic fluids, greases, and others. Based on type, the
market is differentiated between mineral based and synthetic. By demand
category, the market is also distinguished between OEM and replacement. The market
analysis also studies the regional segmentation to devise regional market
segmentation, divided among London, East Anglia, Southwest, Southeast,
Scotland, East Midlands, and Yorkshire & Humberside.
Company Profile
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 is a partial list of major market players of the companies
responsible for the growth of United Kingdom automotive lubricant market.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, volume in units, and CAGR for 2017-2021
and 2022-2027
|
|
Report coverage
|
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
|
|
Segments covered
|
·
Vehicle Type
·
Application
·
Type
·
Demand Category
|
|
Regional scope
|
London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
|
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
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
Market Segmentation
The
United Kingdom automotive
lubricant market is segmented by vehicle
type, application, type, demand category, competitional landscape, and regional
distribution. Based
on vehicle type, the market is further segmented into passenger car, light
commercial vehicle (LCV), medium & heavy commercial vehicle (M&HCV),
two-wheeler, and OTR. By application, the market is fragmented into engine oil,
transmission oil, hydraulic fluids, greases, and others. Based on type, the
market is differentiated between mineral based and synthetic. By demand
category, the market is also distinguished between OEM and replacement. The market
analysis also studies the regional segmentation to devise regional market
segmentation, divided among London, East Anglia, Southwest, Southeast,
Scotland, East Midlands, and Yorkshire & Humberside.
Company Profile
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 is a partial list of major market players of the companies
responsible for the growth of United Kingdom automotive lubricant market.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, volume in units, and CAGR for 2017-2021
and 2022-2027
|
|
Report coverage
|
Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
|
|
Segments covered
|
·
Vehicle Type
·
Application
·
Type
·
Demand Category
|
|
Regional scope
|
London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, and Yorkshire & Humberside
|
|
Key companies profiled
|
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
|
|
Customization scope
|
10% free report customization with purchase. Addition or
alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email
(We can also provide the editable version of the report in PPT/Word format on
special request)
|
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:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial
Vehicle (M&HCV)
- Two-Wheeler
- OTR
- United Kingdom Automotive Lubricant
Market, By Application:
- Engine Oil
- Transmission Oil
- Hydraulic Fluids
- Greases
- Others
- United Kingdom Automotive Lubricant
Market, By Type:
- United Kingdom Automotive Lubricant
Market, By Demand Category:
- 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).
United Kingdom Automotive Lubricant Market is an upcoming report to be
released soon. If you wish an early delivery of this report or want to confirm
the date of release, please contact us at [email protected]