UK Commercial Vehicles Lubricants Market Analysis
The United Kingdom Commercial Vehicles Lubricants Market size is estimated at 52.95 million liters in 2025, and is expected to reach 60.32 million liters by 2030, at a CAGR of 2.64% during the forecast period (2025-2030).
- Largest Segment by Product Type - Engine Oils : Engine oil is the dominant product type due to its high volume requirements and shorter drain intervals, as it is used for high-temperature and high-pressure applications.
- Fastest Segment by Product Type - Transmission & Gear Oils : A surge in the business activity and the sales of commercial vehicles in the country post 2020 are likely to drive the demand for transmission oils during the forecast period.
UK Commercial Vehicles Lubricants Market Trends
Largest Segment By Product Type : Engine Oils
- In 2015, out of all automotive lubricants, commercial vehicle lubricant consumption accounted for 23.99% share; this increased to 25.25% by 2019. In 2020, their share further increased to 26.20% due to the low impact of COVID-19 on the segment.
- The demand for commercial vehicle lubricant registered a decline of 14.11% in 2020, as the COVID-19 outbreak affected production and sales. The demand was retained to some extent by freight transportation, which was considered an essential activity during the lockdown.
- Though the sales and production of commercial vehicles recorded a decline in the first quarter of 2021 due to the lockdown, the segment is likely to witness faster growth in the future due to an expected recovery in sales and investments in the development of electric vans and trucks. Thus, commercial vehicle lubricant consumption is likely to witness a CAGR of 2.44% during 2021-2026.
UK Commercial Vehicles Lubricants Industry Overview
The United Kingdom Commercial Vehicles Lubricants Market is moderately consolidated, with the top five companies occupying 63.74%. The major players in this market are BP PLC (Castrol), ExxonMobil Corporation, FUCHS, Royal Dutch Shell Plc and TotalEnergies (sorted alphabetically).
UK Commercial Vehicles Lubricants Market Leaders
BP PLC (Castrol)
ExxonMobil Corporation
FUCHS
Royal Dutch Shell Plc
TotalEnergies
- *Disclaimer: Major Players sorted in no particular order
UK Commercial Vehicles Lubricants Market News
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
- March 2021: Hyundai Motor Company and Royal Dutch Shell PLC announced a five-year global business cooperation agreement, with a new focus on clean energy and carbon reduction, to help Hyundai continue its transformation as a Smart Mobility Solution Provider.
