Japan Automotive Lubricants Market Size

Statistics for the 2023 & 2024 Japan Automotive Lubricants market size, created by Mordor Intelligence™ Industry Reports. Japan Automotive Lubricants size report includes a market forecast to 202 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Japan Automotive Lubricants Industry

market snapshot grapgh
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

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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 SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026