Japan Automotive Lubricants Market Size
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Market Volume (2024) | 523.27 Million Liters |
| Market Volume (2026) | 534.58 Million Liters |
| CAGR (2024 - 2026) | 1.07 % |
| Market Concentration | High |
Japan Automotive Lubricants Market Analysis
The Japan Automotive Lubricants Market size is estimated at 523.27 Million Liters in 2024, and is expected to reach 534.58 Million Liters by 2026, growing at a CAGR of 1.07% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : Japan has a large active passenger vehicle parc. As a result, the lubricant consumption of this sector occupies the highest share in Japan's automotive lubricant industry.
- Fastest Segment by Vehicle Type - Motorcycles : The recovery of motorcycle production and sales in Japan from 2021 is expected to be at a faster rate. As a result, its lubricant consumption growth rate is likely to be high.
- Largest Segment by Product Type - Engine Oils : Engine oil is the leading 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 - Hydraulic Fluids : The expected recovery of automotive sales and production in Japan from 2021 is anticipated to drive the demand for hydraulic fluids in the country during the forecast period.
Japan Automotive Lubricants Market Trends
This section covers the major market trends shaping the Japan Automotive Lubricants Market according to our research experts:
Largest Segment By Vehicle Type : Passenger Vehicles
- In Japan, passenger vehicles (PVs) accounted for the largest share, 71.38%, in the total number of on-road vehicles in 2020, followed by commercial vehicles (CVs) and motorcycles, with a share of 16.72% and 11.9%, respectively.
- Passenger vehicles accounted for the highest share of 49.43% in the total lubricant consumption in 2020, followed by commercial vehicles (48.3%) and motorcycles (2.27%), respectively. In 2020, the COVID-19 outbreak led to a notable dip in lubricant consumption, where PV lubricant consumption recorded the highest dip of 13.1%, followed by commercial vehicles (12.28%).
- The motorcycles segment is projected to be the fastest-growing lubricant consumer, with a CAGR of 2.72% during 2021-2026. The growth is projected to be driven by an expected rise in personal mobility and electric vehicle production in the country.
Japan Automotive Lubricants Industry Overview
The Japan Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 93.83%. The major players in this market are Cosmo Energy Holdings Co. Ltd, ENEOS Corporation, ExxonMobil Corporation, Idemitsu Kosan Co. Ltd and Royal Dutch Shell Plc (sorted alphabetically).
Japan Automotive Lubricants Market Leaders
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Cosmo Energy Holdings Co. Ltd
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ENEOS Corporation
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ExxonMobil Corporation
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Idemitsu Kosan Co. Ltd
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Royal Dutch Shell Plc
*Disclaimer: Major Players sorted in no particular order
Japan Automotive 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.
- April 2021: Motul launched two engine oils, namely CLASSIC EIGHTIES 10W-40 and CLASSIC NINETIES 10W-30, for classic cars manufactured between the 1970s and 2000s.
- March 2021: Engineers of Motul engage with Honda's HRC factory racing team's engine development department on various projects, including the development of high-tech synthetic lubricants, at the company's R&D facility in Japan.
Japan Automotive Lubricants Market Report - Table of Contents
1. Executive Summary & Key Findings
2. Introduction
2.1 Study Assumptions & Market Definition
2.2 Scope of the Study
2.3 Research Methodology
3. Key Industry Trends
3.1 Automotive Industry Trends
3.2 Regulatory Framework
3.3 Value Chain & Distribution Channel Analysis
4. Market Segmentation
4.1 By Vehicle Type
4.1.1 Commercial Vehicles
4.1.2 Motorcycles
4.1.3 Passenger Vehicles
4.2 By Product Type
4.2.1 Engine Oils
4.2.2 Greases
4.2.3 Hydraulic Fluids
4.2.4 Transmission & Gear Oils
5. Competitive Landscape
5.1 Key Strategic Moves
5.2 Market Share Analysis
5.3 Company Profiles
5.3.1 AKT Japan Co. Ltd (TAKUMI Motor Oil)
5.3.2 BP PLC (Castrol)
5.3.3 Cosmo Energy Holdings Co. Ltd
5.3.4 ENEOS Corporation
5.3.5 ExxonMobil Corporation
5.3.6 FUCHS
5.3.7 Idemitsu Kosan Co. Ltd
5.3.8 Japan Sun Oil Company Ltd (SUNOCO Inc.)
5.3.9 Motul
5.3.10 Royal Dutch Shell Plc
6. Appendix
6.1 Appendix-1 References
6.2 Appendix-2 List of Tables & Figures
7. Key Strategic Questions for Lubricants CEOs
Japan Automotive Lubricants Industry Segmentation
| By Vehicle Type | |
| Commercial Vehicles | |
| Motorcycles | |
| Passenger Vehicles |
| By Product Type | |
| Engine Oils | |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Japan Automotive Lubricants Market Research FAQs
How big is the Japan Automotive Lubricants Market?
The Japan Automotive Lubricants Market size is expected to reach 523.27 million Liters in 2024 and grow at a CAGR of 1.07% to reach 534.58 million Liters by 2026.
What is the current Japan Automotive Lubricants Market size?
In 2024, the Japan Automotive Lubricants Market size is expected to reach 523.27 million Liters.
Who are the key players in Japan Automotive Lubricants Market?
Cosmo Energy Holdings Co. Ltd, ENEOS Corporation, ExxonMobil Corporation, Idemitsu Kosan Co. Ltd and Royal Dutch Shell Plc are the major companies operating in the Japan Automotive Lubricants Market.
Which segment has the biggest share in the Japan Automotive Lubricants Market?
In the Japan Automotive Lubricants Market, the Passenger Vehicles segment accounts for the largest share by vehicle type.
Which is the fastest growing segment in the Japan Automotive Lubricants Market?
In 2024, the Motorcycles segment accounts for the fastest growing by vehicle type in the Japan Automotive Lubricants Market.
What years does this Japan Automotive Lubricants Market cover, and what was the market size in 2023?
In 2023, the Japan Automotive Lubricants Market size was estimated at 517.96 million Liters. The report covers the Japan Automotive Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Automotive Lubricants Market size for years: 2024, 2025 and 2026.
Japan Automotive Lubricants Industry Report
Statistics for the 2024 Japan Automotive Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Automotive Lubricants analysis includes a market forecast outlook 202 and historical overview. Get a sample of this industry analysis as a free report PDF download.
