U.K. Off-Highway Equipment Lubricants Market Size, Share & Trends Analysis Report By Product (Heavy Duty Engine Oil, Transmission Fluids, Hydraulic Fluids, Greases, Gear Oil), By End Use, By Equipment Type, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 88 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The U.K. off-highway equipment lubricants market size is projected to reach USD 563.8 million by 2025, according to a new report by Grand View Research, Inc., registering a 1.9% CAGR over the forecast period. Increasing demand for heavy-duty engine oil, coupled with growing infrastructure and agriculture sectors, is anticipated to propel lubricant consumption.

Rapid increase in urbanization has led to demand for better infrastructure in U.K. As the country is developing various plans to meet the growing infrastructural demand, the construction sector is likely to expand significantly as well. Rise in demand for transport infrastructure in U.K. will create opportunities for construction machinery, and therefore its lubricants, as these machines are the basic requirement for completing any infrastructure project.

British Petroleum plc, Shell UK Ltd, ExxonMobil Corporation, Total UK Ltd, Fuchs Lubricants (UK) plc, and Chevron Corporation are key manufacturers and suppliers of lubricants and boast of a well-established distribution network across the region. Manufacturers are focusing on increasing production capacities and entering into long-term agreements with distributors to effectively cater to the market.

Presence of numerous rental services for construction and agricultural machinery, such as tractors, harvesters, and sprayer rental services, and growing trend of hiring such machinery on a short-term and seasonal basis are likely to offer promising growth in lubricant consumption in the rental segment. Growing stringent regulations pertaining to regular maintenance of machinery to reduce pollution is another factor driving demand for lubricants in U.K.

Further Key Findings from the Report Suggest:

• By end use, rentals emerged as the dominant segment in the industry with a total share of 41.4% by volume in 2018. In terms of revenue, the segment is expected to value USD 237.9 million by 2025 and will also register the fastest growth

• On the basis of equipment type, construction machinery accounted for more than 45.0% of the off-highway machinery lubricant consumption in terms of volume in 2018. The segment also led the overall market in terms of revenue that year

• Some of the key participants in the U.K. off-highway equipment lubricants market are British Petroleum plc, ExxonMobil Corporation, Shell UK Ltd, ExxonMobil, and Fuchs Lubricant (UK) plc

• Mergers and joint ventures are some of the key trends observed in the market. In 2017, Total S.A. acquired Maersk Oil, which assisted Total in adding new refinery and oil reserves to its portfolio.

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Market segmentation & scope
                    1.2 Market definitions
                    1.3 Information procurement
                    1.4 Information analysis
                    1.5 Market formulation & data visualization
                    1.6 Data validation & publishing
                    1.7 Research scope & assumptions
                         1.7.1 Assumptions
Chapter 2 Executive Summary
                    2.1 Market outlook
                    2.2 Segmental outlook
                    2.3 Competitive insights
Chapter 3 Market Variables, Trends & Scope
                    3.1 Market lineage outlook
                         3.1.1 Lubricants industry outlook
                         3.1.2 Outlook on market segments
                         3.1.3 Aftermarket & first fill overview
                    3.2 U.K. off-highway equipment lubricants market size & growth prospects, 2014 - 2025
                    3.3 Value chain analysis
                         3.3.1 Raw material trends
                         3.3.2 Manufacturing trends
                         3.3.3 Sales channel analysis
                         3.3.4 vendor selection criteria/ consumer buying analysis
                         3.3.5 Profit margin analysis
                         3.3.6 List of key end-users
                    3.4 Technological overview
                         3.4.1 Manufacturing process
                         3.4.2 Recent innovation
                    3.5 Regulatory & policy landscape
                    3.6 Market dynamics
                         3.6.1 Market driver analysis
                              3.6.1.1 Steady investment in infrastructural development sector
                              3.6.1.2 Gradual increase in agriculture industry growth
                         3.6.2 Market restraint impact analysis
                              3.6.2.1 Emergence of biobased construction equipment lubricants
                    3.7 Industry challenges
                    3.8 Industry analysis tools
                         3.8.1 Industry analysis - Porter's
                              3.8.1.1 Supplier power
                              3.8.1.2 Buyer power
                              3.8.1.3 Threat of substitutes
                              3.8.1.4 Threat of new entrants
                              3.8.1.5 Competitive rivalry
                         3.8.2 PESTEL Analysis
                              3.8.2.1 Political landscape
                              3.8.2.2 Economic landscape
                              3.8.2.3 Social landscape
                              3.8.2.4 Technology landscape
                              3.8.2.5 Environmental landscape
                              3.8.2.6 Legal landscape
Chapter 4 U.K. Off-Highway Equipment Lubricants Market: Product Outlook
                    4.1 Product market introduction
                    4.2 U.K. off-highway equipment lubricants market estimates & forecast, by product, 2014 - 2025
                         4.2.1 Heavy-duty engine oil
                              4.2.1.1 Heavy-duty engine oil market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                         4.2.2 Transmission fluids
                              4.2.2.1 Transmission fluids market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                         4.2.3 Hydraulic fluids
                              4.2.3.1 Transmission fluids market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                         4.2.4 Greases
                              4.2.4.1 Greases market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                         4.2.5 Gear oil
                              4.2.5.1 Gear oil market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                         4.2.6 Others
                              4.2.6.1 Other products market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
Chapter 5 U.K. Off-Highway Equipment Lubricants Market: Equipment Type Outlook
                    5.1 Equipment type market introduction
                    5.2 U.K. off-highway equipment lubricants market estimates & forecast, by equipment type, 2014 - 2025
                         5.2.1 Construction equipment
                              5.2.1.1 Market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                              5.2.1.2 Market estimates & forecast, by type 2014 - 2025 (Kilotons) (USD Million)
                              5.2.1.3 Market estimates & forecast, by end-use 2014 - 2025 (Kilotons) (USD Million)
                         5.2.2 Agriculture equipment
                              5.2.2.1 Market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                              5.2.2.2 Market estimates & forecast, by end-use 2014 - 2025 (Kilotons) (USD Million)
                         5.2.3 Mining equipment
                              5.2.3.1 Market estimates & forecast, 2014 - 2025 (Kilotons) (USD Million)
                              5.2.3.2 Market estimates & forecast, by end-use 2014 - 2025 (Kilotons) (USD Million)
Chapter 6 U.K. Off-Highway Equipment Lubricants Market: End-Use Outlook
                    6.1 End-use market introduction
                    6.2 U.K. off-highway equipment lubricants market estimates & forecast, by end-use, 2014 - 2025
                         6.2.1 OEM
                              6.2.1.1 Market estimates & forecast in OEM 2014 - 2025 (Kilotons) (USD Million)
                         6.2.2 OEM dealers
                              6.2.2.1 Market estimates & forecast in OEM Dealers 2014 - 2025 (Kilotons) (USD Million)
                         6.2.3 Independent workshops
                              6.2.3.1 Market estimates & forecast in independent workshops 2014 - 2025 (Kilotons) (USD Million)
                         6.2.4 Franchise
                              6.2.4.1 Market estimates & forecast in franchise 2014 - 2025 (Kilotons) (USD Million)
                         6.2.5 Off-highway equipment rentals
                              6.2.5.1 Market estimates & forecast in off-highway equipment rentals 2014 - 2025 (Kilotons) (USD Million)
Chapter 7 U.K. Off Highway Equipment Lubricant Market: Competitive Analysis
                    7.1 Recent developments by key market participants
                    7.2 Competitive dashboard
                    7.3 Company market categorization
                    7.4 Company market share analysis, 2018
                    7.5 List of key vendors
                         7.5.1 Construction
                              7.5.1.1 OEM
                              7.5.1.2 Independent workshops
                              7.5.1.3 Franchise workshops
                              7.5.1.4 Rental companies
                              7.5.1.5 Equipment dealers
                         7.5.2 Agriculture & Forestry
                              7.5.2.1 OEM
                              7.5.2.2 Independent workshops
                              7.5.2.3 Franchise workshops
                              7.5.2.4 Rental Companies
                              7.5.2.5 Equipment Dealers
                    7.6 Supplier Landscape
                         7.6.1 List of key suppliers
                    7.7 Geographic mapping of industry ecosystem
                    7.8 New entrant financial outlook
                    7.9 Other noteworthy industry participants, U.K.
Chapter 8 Company Profiles
                    8.1 New Era Fuels Limited
                         8.1.1 Company introduction
                         8.1.2 Financial information
                         8.1.3 Product portfolio
                    8.2 The Witham Group
                         8.2.1 Company introduction
                         8.2.2 Product portfolio
                    8.3 Goodall Bates & Todd Limited
                         8.3.1 Company introduction
                         8.3.2 Product portfolio
                    8.4 Fuchs Lubricants (UK) Plc
                         8.4.1 Company introduction
                         8.4.2 Financial information
                         8.4.3 Product portfolio
                         8.4.4 Strategic initiatives
                    8.5 Total UK Limited
                         8.5.1 Company introduction
                         8.5.2 Financial information
                         8.5.3 Product portfolio
                         8.5.4 Strategic initiatives
                    8.6 RS Clare & Co., Ltd.
                         8.6.1 Company introduction
                         8.6.2 Product portfolio
                    8.7 ExxonMobil Corporation
                         8.7.1 Company introduction
                         8.7.2 Financial information
                         8.7.3 Product portfolio
                         8.7.4 Strategic initiatives
                    8.8 Chevron Corporation
                         8.8.1 Company introduction
                         8.8.2 Financial information
                         8.8.3 Product portfolio
                         8.8.4 Strategic initiatives
                    8.9 Shell UK Limited
                         8.9.1 Company introduction
                         8.9.2 Financial information
                         8.9.3 Product portfolio
                         8.9.4 Strategic initiatives
                    8.10 British Petroleum plc
                         8.10.1 Company introduction
                         8.10.2 Financial information
                         8.10.3 Product portfolio
                         8.10.4 Strategic initiatives
                    8.11 Lukoil Lubricants
                         8.11.1 Company introduction
                         8.11.2 Financial information
                         8.11.3 Product portfolio
                         8.11.4 Strategic initiatives
                    8.12 Phillips 66 Company
                         8.12.1 Company introduction
                         8.12.2 Financial information
                         8.12.3 Product portfolio
                         8.12.4 Strategic initiatives

List of Tables

Table 1 PESTEL analysis
Table 2 Heavy duty engine oil market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 3 Transmission fluids market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 4 Hydraulic fluids market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 5 Greases market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 6 Gear oil market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 7 Other products market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
Table 8 U.K. off-highway equipment lubricants market volume & revenue, in construction equipment by type, 2014 - 2025 (Kilotons) (USD Million)
Table 9 U.K. off-highway construction equipment lubricants market volume, by type, 2014 - 2025 (Kilotons)
Table 10 U.K. off-highway construction equipment lubricants market revenue, by type, 2014 - 2025 (USD Million)
Table 11 U.K. off-highway construction equipment lubricants market volume & revenue, by end-use, 2014 - 2025 (Kilotons) (USD Million)
Table 12 U.K. Tractor Registrations, Market Share Analysis, 2016 & 2017
Table 13 U.K. Farm Equipment Size, Number of Unit Sales, 2017 & 2018
Table 14 U.K. off-highway construction equipment lubricants market volume, by end-use, 2014 - 2025 (Kilotons)
Table 15 U.K. off-highway construction equipment lubricants market revenue, by end-use, 2014 - 2025 (USD Million)
Table 16 U.K. off-highway agriculture & forestry equipment lubricants market volume, by end-use, 2014 - 2025 (Kilotons)
Table 17 U.K. off-highway agriculture & forestry equipment lubricants market revenue, by end-use, 2014 - 2025 (USD Million)
Table 18 U.K. off-highway mining equipment lubricants market volume, by end-use, 2014 - 2025 (Kilotons)
Table 19 U.K. off-highway mining equipment lubricants market revenue, by end-use, 2014 - 2025 (USD Million)
Table 20 U.K. off-highway equipment lubricants market volume & revenue, in OEM, 2014 - 2025 (Kilotons) (USD Million)
Table 21 U.K. off-highway equipment lubricants market volume & revenue, in OEM dealers, 2014 - 2025 (Kilotons) (USD Million)
Table 22 U.K. off-highway equipment lubricants market volume & revenue, in independent workshops, 2014 - 2025 (Kilotons) (USD Million)
Table 23 U.K. off-highway equipment lubricants market volume & revenue, in franchise, 2014 - 2025 (Kilotons) (USD Million)
Table 24 U.K. off-highway equipment lubricants market volume & revenue, in off-highway equipment rentals, 2014 - 2025 (Kilotons) (USD Million)
Table 25 Company categorization table

List of Figures

Fig. 1 U.K. off-highway equipment lubricants market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot
Fig. 7 Global Lubricants Demand, 2007 - 2018 (Million Tons)
Fig. 8 Regional Lubricants Demand, 2018 (% Share)
Fig. 9 Regional Per-Capita Lubricants Demand, 2018 (Kg)
Fig. 10 European Lubricants Demand Breakdown, by Countries, 2018 (% Share)
Fig. 11 U.K. off-highway equipment lubricants market volume and revenue, 2014 - 2025 (Kilotons) (USD Million)
Fig. 12 U.K. off-highway equipment lubricants value chain analysis
Fig. 13 Crude oil price volatility, 2015 - 2019 (USD per barrel)
Fig. 14 U.K. off-highway equipment lubricants market dynamics
Fig. 15 Market driver impact
Fig. 16 Construction sector's contribution to UK economy, 2010 - 2017 (USD Billion)
Fig. 17 Valuation of sectors within the UK construction industry, 2017 (USD Billion)
Fig. 18 U.K. crop production volume and valuation statistics, 2000 - 2018 (Thousand Tons) (USD Million)
Fig. 19 Market restraint impact analysis
Fig. 20 Porter's analysis
Fig. 21 U.K. off-highway equipment lubricants market revenue, by product, 2018 & 2025 (USD Million)
Fig. 22 U.K. off-highway equipment lubricants market revenue, by equipment type, 2018 & 2025 (USD Million)
Fig. 23 U.K. off-highway equipment lubricants market revenue, by end-use, 2018 & 2025 (USD Million)
Fig. 24 Competitive Dashboard