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Report

United Kingdom Lubricants Market Report and Forecast 2024-2032

Market Report I 2023-11-20 I 133 Pages I EMR Inc.

United Kingdom Lubricants Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the United Kingdom lubricants market is projected to grow at a CAGR of 2.1% between 2024 and 2032. Aided by growing automotive sector and rising demand for high performance engines, the market is expected to grow significantly by 2032.
Lubricants, primarily constituted of base oils and a variety of additives, are pivotal in ensuring the smooth functioning of machinery by reducing friction between moving surfaces. They help in heat dispersion, augment equipment lifespan, and defend against wear and tear. These attributes make lubricants an indispensable component in a host of applications ranging from vehicles to gigantic industrial machinery.
The escalating demand for automobiles and the persistent growth of the transportation sector in the country is one of the key United Kingdom lubricants market trends driving the market. As consumers become increasingly aware of the value of routine maintenance and its influence on vehicular longevity and performance, the consumption of lubricants, both synthetic and mineral-based, is experiencing a surge.
Moreover, the industrial segment in the UK, encompassing manufacturing, construction, and power generation sectors, is progressively relying on high-performance lubricants. This reliance stems from the need to enhance efficiency, extend machinery lifespan, and reduce downtime. With the ongoing industrial advancements and automation, ensuring machinery is operating at optimal conditions has become paramount, thereby fuelling the demand for premium-grade lubricants.
The maritime industry, a cornerstone of the UK's economy given its extensive coastlines and historic maritime heritage, further bolsters the United Kingdom lubricants market growth. With the region being a hub for shipping and trade, marine lubricants, crucial for the maintenance of ship engines and machinery, are witnessing heightened demand.
The industry is witnessing a shift towards bio-based lubricants, aligning with the global trend of sustainability. These environmentally friendly lubricants, crafted from renewable resources, not only reduce the ecological footprint but also offer superior performance in certain applications. Additionally, advancements in lubricant formulation technology are likely to cater to the evolving needs of modern machinery, creating a new market spectrum.
As per the United Kingdom lubricants market analysis, the digital transformation wave, leading to Industry 4.0, is resulting in the integration of sensors and advanced monitoring systems in machinery. This integration facilitates real-time monitoring of lubricant health and performance, paving the way for predictive maintenance and efficient lubricant management. Players who can innovate, ensuring quality while addressing sustainability concerns, are likely to lead the dynamic market in the years to come.
Market Segmentation
The market can be divided based on base oil, product type, and end use.
Market Breakup by Base Oil
- Synthetic Oil
- Mineral Oil
- Bio-Based Oil
Market Breakup by Product Type
- Engine Oils
- Greases
- Hydraulic Fluids
- Metalworking Fluids
- Transmission and Gear Oils
- Others
Market Breakup by End Use
- Automotive
- Heavy Equipment
- Metallurgy and Metalworking
- Power Generation
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United Kingdom lubricants market. Some of the major players explored in the report by Expert Market Research are as follows:
- BP p.l.c.
- Shell International B.V.
- TotalEnergies S.E.
- Paterson Enterprises Limited
- Liqui Moly GmbH
- Exxon Mobil Corporation
- Exol Lubricants Limited
- Chevron Corporation
- Fuchs Group
- Motul S.A.
- Moove Lubricants Limited
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.












1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Lubricants Market Overview
8.1 Key Industry Highlights
8.2 Global Lubricants Historical Market (2018-2023)
8.3 Global Lubricants Market Forecast (2024-2032)
8.4 Global Lubricants Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 United Kingdom Lubricants Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Lubricants Historical Market (2018-2023)
9.3 United Kingdom Lubricants Market Forecast (2024-2032)
10 United Kingdom Lubricants Market by Base Oil
10.1 Synthetic Oil
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Mineral Oil
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Bio-Based Oil
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United Kingdom Lubricants Market by Product Type
11.1 Engine Oils
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Greases
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Hydraulic Fluids
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Metalworking Fluids
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Transmission and Gear Oils
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 United Kingdom Lubricants Market by End Use
12.1 Automotive
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Heavy Equipment
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Metallurgy and Metalworking
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Power Generation
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter's Five Forces Analysis
13.2.1 Supplier's Power
13.2.2 Buyer's Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 BP p.l.c.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Shell International B.V.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 TotalEnergies S.E.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Paterson Enterprises Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Liqui Moly GmbH
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Exxon Mobil Corporation
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Exol Lubricants Limited
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Chevron Corporation
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Fuchs Group
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Motul S.A.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Moove Lubricants Limited
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Others
15 Key Trends and Developments in the Market

List of Key Figures and Tables
1. Global Lubricants Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Lubricants Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Lubricants Historical Market: Breakup by Base Oil (USD Billion), 2018-2023
4. United Kingdom Lubricants Market Forecast: Breakup by Base Oil (USD Billion), 2024-2032
5. United Kingdom Lubricants Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. United Kingdom Lubricants Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. United Kingdom Lubricants Historical Market: Breakup by End Use (USD Billion), 2018-2023
8. United Kingdom Lubricants Market Forecast: Breakup by End Use (USD Billion), 2024-2032
9. United Kingdom Lubricants Market Structure

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