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Japan Automotive Engine Oils Market Size

Statistics for the 2023 & 2024 Japan Automotive Engine Oils market size, created by Mordor Intelligence™ Industry Reports. Japan Automotive Engine Oils 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 Engine Oils Industry

Japan Automotive Engine Oils Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Historical Data Period 2015 - 2019
CAGR (2024 - 2026) 1.04 %
Market Concentration High

Japan Automotive Engine Oils Market Analysis

The Japan Automotive Engine Oils Market size is estimated at 348.44 Million Liters in 2024, and is expected to reach 355.71 Million Liters by 2026, growing at a CAGR of 1.04% 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 engine oil consumption by this sector occupies the highest share in Japan's overall engine oil sector.
  • Fastest Segment by Vehicle Type - Motorcycles : The recovery in motorcycle production and sales from 2021 is expected to be at a faster rate. As a result, the engine oil consumption growth rate is likely to be high.

Japan Automotive Engine Oils Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2026