How big is the Japan Lubricants Market?

The Japan Lubricants Market size is expected to reach 1.51 billion Liters in 2024 and grow at a CAGR of 1.97% to reach 1.57 billion Liters by 2026. Read More

What is the current Japan Lubricants Market size?

In 2024, the Japan Lubricants Market size is expected to reach 1.51 billion Liters. Read More

Who are the key players in Japan 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 Lubricants Market. Read More

Which segment has the biggest share in the Japan Lubricants Market?

In the Japan Lubricants Market, the Automotive segment accounts for the largest share by end user. Read More

Which is the fastest growing segment in the Japan Lubricants Market?

In 2024, the Power Generation segment accounts for the fastest growing by end user in the Japan Lubricants Market. Read More

What years does this Japan Lubricants Market cover, and what was the market size in 2023?

In 2023, the Japan Lubricants Market size was estimated at 1.49 billion Liters. The report covers the Japan Lubricants Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Lubricants Market size for years: 2024, 2025 and 2026. Read More

Japan Lubricants Market Size

Statistics for the 2023 & 2024 Japan Lubricants market size, created by Mordor Intelligence™ Industry Reports. Japan 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 lubricants Industry

	Study Period	2015 - 2026
	Market Volume (2024)	1.51 Billion Liters
	Market Volume (2026)	1.57 Billion Liters
	Largest Share by End User	Automotive
	CAGR (2024 - 2026)	1.97 %
	Fastest Growing by End User	Power Generation
Major Players

*Disclaimer: Major Players sorted in no particular order

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Japan Lubricants Market Analysis

The Japan Lubricants Market size is estimated at 1.51 Billion Liters in 2024, and is expected to reach 1.57 Billion Liters by 2026, growing at a CAGR of 1.97% during the forecast period (2024-2026).

Largest Segment by End-user Industry - Automotive : Among end-use segments, automotive was the largest due to the high proportion of engine & transmission oil usage in motor vehicles compared to other industrial applications.
Fastest Segment by End-user Industry - Power Generation : Power generation is likely to be the fastest-growing end user of lubricants in Japan due to the growing usage of natural gas reactors and wind turbines for energy generation.
Largest Segment by Product Type - Engine Oils : Due to the varying engine sizes of cars, trucks, and buses and the high oil changing frequencies, engine oils are the most widely used product category in Japan.
Fastest Segment by Product Type - Hydraulic Fluids : Hydraulic fluids are used in construction, mining, steel, marine & aviation, and their consumption is predicted to expand faster with rising activities in these sectors.