일본의 승용차용 윤활유 : 시장 점유율 분석, 산업 동향 및 성장 예측(2021-2026년)

The Japan Passenger Vehicles Lubricants Market size is estimated at 249.42 Million Liters in 2024, and is expected to reach 251.11 Million Liters by 2026, growing at a CAGR of 0.34% during the forecast period (2024-2026).

Key Highlights

• 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 growth in passenger vehicle sales in the country, post the economic recovery from the COVID-19 impact, is likely to drive the demand for hydraulic fluids during 2021-2026.

Japan Passenger Vehicles Lubricants Market Trends

Largest Segment By Product Type : Engine Oils

• In Japan, passenger vehicle (PV) is the leading segment in terms of automotive lubricant consumption. During 2015-2019, the country recorded a negative CAGR of 2.7% in PV lubricant consumption due to a decline in the annual average distance traveled by passenger vehicles and changes in engine dynamics.
• In 2020, PVs accounted for about 49% of the total automotive lubricant consumption in Japan. Engine oils accounted for the largest share of 72% in PV lubricant consumption during the year. During 2020, PV lubricant consumption declined by 12.66% due to COVID-19, which led to a dip in PV sales and delays in service intervals.
• During 2021-2026, the hydraulic fluids segment is likely to be the fastest-growing segment, with a CAGR of 1.99%. The growth is expected to be driven by an increase in the annual average distance traveled and a rise in sales of passenger vehicles.

Japan Passenger Vehicles Lubricants Industry Overview

The Japan Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 94.94%. 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).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

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 Product Type
  • 4.1.1 Engine Oils
  • 4.1.2 Greases
  • 4.1.3 Hydraulic Fluids
  • 4.1.4 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 Idemitsu Kosan Co. Ltd
  • 5.3.7 Motul
  • 5.3.8 Royal Dutch Shell Plc
  • 5.3.9 Royal Purple (REDTREE Co. Ltd)
  • 5.3.10 Wako Chemical Co. Ltd

6 Appendix

• 6.1 Appendix-1 References
• 6.2 Appendix-2 List of Tables & Figures

7 Key Strategic Questions for Lubricants CEOs