Japan Automotive Lubricants Market - Size, Share, Forecast & Covid-19 Impact (2022 - 2027)

The Japan Automotive Lubricants Market is segmented by Vehicle Type ( Commercial Vehicles, Motorcycles, Passenger Vehicles ) and by Product Type ( Engine Oils, Greases, Hydraulic Fluids, Transmission Oils )

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Market Snapshot

https://s3.mordorlabs.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period: 2015 - 2026
https://s3.mordorlabs.com/base%20year/1629296433432_test~base_year_base_year.svg Base Year: 2021
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Largest Share by Vehicle Type: Passenger Vehicles
https://s3.mordorlabs.com/passenger_vehicles/1629285650768_test~passenger_vehicles_passenger_vehicles.svg Fastest Growing by Vehicle Type: Motorcycles
https://s3.mordorlabs.com/cagr/1629296433433_test~cagr_cagr.svg CAGR: 0.91 %

Key Players

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Market Overview

The Japan Automotive Lubricants Market stood at 506.16 million liters in 2020 and is projected to register a CAGR of 0.91% to reach 534.58 million liters in 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.

Scope of the Report

By Vehicle Type
Commercial Vehicles
Motorcycles
Passenger Vehicles
By Product Type
Engine Oils
Greases
Hydraulic Fluids
Transmission Oils

Report scope can be customized per your requirements. Click here.

Key Market Trends

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.

Competitive Landscape

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).

Recent Developments

    Table of Contents

    1. 1. Executive Summary & Key Findings

    2. 2. Introduction

      1. 2.1 Study Assumptions & Market Definition

      2. 2.2 Scope of the Study​

      3. 2.3 Research Methodology

    3. 3. Key Industry Trends

      1. 3.1 Automotive Industry Trends

      2. 3.2 Regulatory Framework

      3. 3.3 Value Chain & Distribution Channel Analysis

    4. 4. Market Segmentation

      1. 4.1 By Vehicle Type

        1. 4.1.1 Commercial Vehicles

        2. 4.1.2 Motorcycles

        3. 4.1.3 Passenger Vehicles

      2. 4.2 By Product Type

        1. 4.2.1 Engine Oils

        2. 4.2.2 Greases

        3. 4.2.3 Hydraulic Fluids

        4. 4.2.4 Transmission Oils

    5. 5. Competitive Landscape

      1. 5.1 Key Strategic Moves

      2. 5.2 Market Share Analysis

      3. 5.3 Company Profiles

        1. 5.3.1 AKT Japan Co. Ltd (TAKUMI Motor Oil)

        2. 5.3.2 BP PLC (Castrol)

        3. 5.3.3 Cosmo Energy Holdings Co. Ltd

        4. 5.3.4 ENEOS Corporation

        5. 5.3.5 ExxonMobil Corporation

        6. 5.3.6 FUCHS

        7. 5.3.7 Idemitsu Kosan Co. Ltd

        8. 5.3.8 Japan Sun Oil Company Ltd (SUNOCO Inc.)

        9. 5.3.9 Motul

        10. 5.3.10 Royal Dutch Shell Plc

    6. 6. Appendix

      1. 6.1 Appendix-1 References

      2. 6.2 Appendix-2 List of Tables & Figures

    7. 7. Key Strategic Questions for Lubricants CEOs

    List of Tables & Figures

      Figure 1:  

      VEHICLE POPULATION, NUMBER OF UNITS, JAPAN, 2015 - 2026

      Figure 2:  

      COMMERCIAL VEHICLES POPULATION, NUMBER OF UNITS, JAPAN, 2015 - 2026

      Figure 3:  

      MOTORCYCLES POPULATION, NUMBER OF UNITS, JAPAN, 2015 - 2026

      Figure 4:  

      PASSENGER VEHICLES POPULATION, NUMBER OF UNITS, JAPAN, 2015 - 2026

      Figure 5:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY VEHICLE TYPE, 2015-2026

      Figure 6:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

      Figure 7:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, COMMERCIAL VEHICLES, 2015-2026

      Figure 8:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, COMMERCIAL VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

      Figure 9:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, MOTORCYCLES, 2015-2026

      Figure 10:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, MOTORCYCLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

      Figure 11:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, PASSENGER VEHICLES, 2015-2026

      Figure 12:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, PASSENGER VEHICLES, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

      Figure 13:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, BY PRODUCT TYPE, 2015-2026

      Figure 14:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME SHARE (%), BY PRODUCT TYPE, 2020

      Figure 15:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, ENGINE OILS, 2015-2026

      Figure 16:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, ENGINE OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

      Figure 17:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, GREASES, 2015-2026

      Figure 18:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, GREASES, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

      Figure 19:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, HYDRAULIC FLUIDS, 2015-2026

      Figure 20:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, HYDRAULIC FLUIDS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

      Figure 21:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, VOLUME IN LITERS, TRANSMISSION OILS, 2015-2026

      Figure 22:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, TRANSMISSION OILS, VOLUME SHARE (%), BY VEHICLE TYPE, 2020

      Figure 23:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021

      Figure 24:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021

      Figure 25:  

      JAPAN AUTOMOTIVE LUBRICANTS MARKET SHARE(%), BY MAJOR PLAYERS, 2020

    Market Definition

    • Vehicle Types - Passenger Vehicles, Commercial Vehicles and Motorcycles are the vehicle types considered under the automotive lubricants market.
    • Product Types - For the purpose of this study, lubricant products such as engine oils, transmission oils, greases and hydraulic fluids are taken into consideration.
    • Service Refill - Service refill is the primary factor considered while accounting the lubricant consumption for each of the vehicle segments, under the study.
    • Factory Fill - First lubricant fill-ups for newly produced vehicles are considered.

    For any queries related to market definition, click here to schedule a call with our analysts.

    Research Methodology

    Mordor Intelligence follows a four-step methodology in all our reports.

    • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
    • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
    • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
    • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms

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    03. Exhaustive Data
    Tracking a million data points on the lubricants industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the lubricants industry.

    Frequently Asked Questions

    The Japan Automotive Lubricants Market market is studied from 2015 - 2026.

    The Japan Automotive Lubricants Market is growing at a CAGR of 0.91% over the next 5 years.

    Passenger Vehicles is growing at the highest CAGR over 2021- 2026.

    Motorcycles holds highest share in 2021.

    Cosmo Energy Holdings Co. Ltd, ENEOS Corporation, ExxonMobil Corporation, Idemitsu Kosan Co. Ltd, Royal Dutch Shell Plc are the major companies operating in Japan Automotive Lubricants Market.