Japan Lubricants Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

The Japan lubricants market attained a value of USD 5.40 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 3.13%, to reach USD 7.35 Billion by 2034. The lubricants market in Japan is expected to witness steady growth due to increasing demand from various sectors such as the automotive and manufacturing industries. The market size is forecast to reach significant USD figures during this period. Additionally, the rise of electric vehicles (EVs) and the wind energy sector will drive the demand for advanced lubricants, including biodegradable lubricants, further contributing to the lubricants market’s expansion.

The Japan lubricants market is experiencing significant growth due to the increasing demand for specialized substances in various sectors. Lubricants are essential for reducing friction and wear in machinery and equipment, ensuring optimal performance. These lubricants form a protective film or layer that shields surfaces from damage. Additives play a crucial role in enhancing the properties of lubricants, with anti-wear agents, detergents, dispersants, and corrosion inhibitors helping to improve efficiency, reduce energy losses, and extend the life of machinery. In sectors such as automotive, manufacturing, aerospace, and household equipment, lubricants are vital in preventing excessive friction and wear, ensuring smooth operation, and minimizing maintenance costs. As industries continue to innovate, the demand for high-performance lubricants with advanced additives will grow. As per ITA, by 2022, total new passenger vehicle sales fell to 3,448,272, but BEV sales rose to 58,813, comprising 1.7% of the total, reflecting a notable increase in electric vehicle adoption. This shift, coupled with a growing emphasis on energy efficiency and reduced maintenance needs in machinery, is driving demand for specialised lubricants, which improve performance, longevity, and productivity, contributing to lower operational costs and a growing market in Japan.

Japan Lubricants Market Trends

The Japan lubricants market is witnessing steady growth driven by demand across various industrial sectors, including automotive, manufacturing, construction, and transportation. As Japan’s government-imposed emissions restrictions continue to tighten, the focus on sustainability is growing. Eco-friendly lubricants, known for their biodegradability, low toxicity, and reduced environmental impact, are gaining popularity. The lubricants market in Japan is seeing a shift towards synthetic, bio-based, and specialty lubricants, which offer enhanced efficiency, longer maintenance intervals, and reduced environmental harm. With the shift from fossil fuels to renewable energy sources, lubricants play a crucial role in the operation of energy generation and extraction equipment, such as gas turbines, wind turbines, and drilling machinery. Lubricant technology is evolving to meet the demands of higher machinery and equipment operating speeds, improving both performance and longevity. Japan ranks as the fourth-largest automotive market globally, following China, the United States, and India. Renowned for its leadership in vehicle manufacturing, Japan is home to major automakers such as Toyota, Honda, Nissan, Mazda, Suzuki, Subaru, Daihatsu, and Mitsubishi. As the demand for cleaner and more efficient solutions increases, the Japan lubricants market is set to grow, driven by innovations focusing on sustainability, performance, and environmental responsibility. This shift towards advanced lubricants reflects the country’s move towards energy-efficient technologies and eco-friendly alternatives in industry.

Japan Lubricants Market Segmentation

Expert market research offers an analysis of the key trends within each market segment, along with country-level forecasts for the period 2025-2034. Our report categorises the market according to product type and end user.

• Product Type Insights
• Engine Oils
• Greases
• Hydraulic Fluids
• Metalworking Fluids
• Transmission and Gear Oils

Others

In the Japan lubricants market, engine oils offer significant benefits by enhancing engine performance and longevity. They reduce friction and wear, ensuring smoother operation and preventing damage to critical engine components. Engine oils also improve fuel efficiency and help maintain optimal operating temperatures, which reduces energy consumption. In May 2022, Cosmo Oil Lubricants announced the commercialization of Japan's first Biomass Mark-certified diesel engine oil, COSMO DIESEL CARBONEUT 10W-30, containing over 80% plant-derived base oil.

Greases in the Japan lubricants market provide superior lubrication in high-load and high-temperature environments. Their thick consistency allows them to stay in place, offering long-lasting protection for machinery and equipment. Greases reduce friction and wear, improving the efficiency and performance of moving parts. They also act as seals, preventing contaminants like dust and moisture from entering machinery. This helps extend equipment life, minimise maintenance intervals, and reduce the likelihood of breakdowns, contributing to cost savings.

• End User Insights
• Automotive
• Heavy Equipment
• Metallurgy and Metalworking
• Power Generation
• Chemical

Others

In the Japan lubricants market, automotive lubricants offer essential benefits by enhancing engine efficiency and performance. They reduce friction, helping engines run smoothly, and prevent overheating by maintaining optimal temperatures. Automotive lubricants also protect against wear and corrosion, extending the lifespan of vehicle components. By improving fuel efficiency, these lubricants contribute to reduced fuel consumption, leading to cost savings for consumers and supporting Japan’s push towards sustainability in the automotive sector.

Heavy equipment lubricants in the Japan lubricants market provide critical benefits in demanding industrial environments. These lubricants ensure efficient operation by reducing friction and wear in machinery under heavy loads. They protect against corrosion, extending the service life of equipment, and help maintain smooth performance in extreme conditions. In 2022, Environmental Lubricants Manufacturing (ELM) signed an exclusive agreement with Chugoku Kogyo Co. to distribute ELM's bio-based lubricants in Japan, aiming to eventually manufacture them locally.

• Base Oil Insights
• Mineral Oil Lubricants
• Bio-Based Lubricants

Synthetic Lubricants

In the Japan lubricants market, mineral oil lubricants offer reliable performance and cost-effectiveness. They provide excellent protection against wear, reducing friction and extending the lifespan of machinery. These lubricants also help in maintaining optimal operating temperatures, preventing overheating. Mineral oils are widely used in various industries due to their versatility and proven effectiveness in enhancing the efficiency of engines and equipment, while keeping maintenance costs relatively low compared to other lubricant types.

Bio-based lubricants in the Japan lubricants market are gaining popularity due to their environmental benefits. Made from renewable resources, these lubricants are biodegradable, reducing the environmental impact of spills and leaks. They offer effective lubrication, improving machinery efficiency and reducing friction and wear. Bio-based lubricants also contribute to sustainability efforts, helping industries comply with stringent environmental regulations. In August 2024, Japan introduced the world’s first biomethane engine, developed through a collaboration between Toyota, Suzuki, and Nissan. The engine uses biomethane from agricultural waste, offering a cleaner alternative to fossil fuels.

Regional Insights

• Kanto Region
• Kansai/Kinki Region
• Central/ Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region

Shikoku Region

The Kanto Region, which includes Tokyo and its surrounding areas, is a major hub for industrial activity in Japan, driving demand for lubricants across various sectors, including automotive, manufacturing, and electronics. The region's advanced infrastructure, high-tech industries, and large consumer market contribute significantly to the lubricants market. Lubricants in this area help optimise machinery performance, reduce energy consumption, and enhance efficiency, benefiting industries that require high-performance solutions. Additionally, the Kanto Region's focus on sustainability has led to an increased demand for eco-friendly lubricants, aligning with Japan's environmental goals.

The Kansai/Kinki Region, home to cities like Osaka and Kyoto, plays a key role in Japan's manufacturing and heavy industry sectors. The lubricants market here benefits from high demand in industries such as automotive, steel, and machinery manufacturing. Lubricants are vital in reducing wear and tear, improving the longevity and efficiency of machines and equipment. Furthermore, the region's emphasis on technological innovation drives the need for advanced lubricant solutions, including synthetic and bio-based options, which help improve operational efficiency and meet stringent environmental standards in various industries.

The Central/Chubu Region, which includes cities like Nagoya, is a key area for Japan's automotive and industrial sectors. The lubricants market in this region is primarily driven by the automotive, machinery, and manufacturing industries, where lubricants are essential for ensuring smooth operations and reducing maintenance costs. The region's strong manufacturing base, including the presence of major automotive manufacturers, results in significant lubricant demand for both production lines and transportation. As the region moves towards more sustainable practices, there is also growing interest in eco-friendly lubricants and technologies that support environmental goals while maintaining high performance.

The Kyushu-Okinawa Region, which includes cities like Fukuoka and Okinawa, is known for its heavy industries, such as shipbuilding, steel production, and agriculture. The lubricants market in this region is driven by the need for high-quality lubricants that support the heavy-duty operations of these industries. Lubricants help reduce friction and wear in equipment like ship engines, manufacturing machines, and agricultural vehicles. Additionally, the region's focus on sustainable practices and the increasing demand for eco-friendly lubricants are shaping the market, offering an opportunity for the growth of biodegradable and bio-based lubricants in these sectors.

Competitive Landscape

The competitive landscape of the Japan lubricants market is characterised by a mix of global and local players offering a wide range of products, including synthetic, mineral, and bio-based lubricants. Companies are focusing on innovation, sustainability, and product differentiation to cater to various industrial sectors such as automotive, manufacturing, and energy. The market is highly competitive, with firms striving to meet the growing demand for high-performance and eco-friendly lubricant solutions.

BP plc

BP plc is a multinational oil and gas company headquartered in London, United Kingdom. Established in 1908, it operates across the entire energy sector, including oil exploration, production, refining, and renewable energy. BP is committed to transitioning to a low-carbon future, focusing on renewable energy projects and reducing its carbon footprint. The company plays a crucial role in global energy markets while investing in sustainable energy solutions.

FUCHS SE

FUCHS SE, founded in 1931 and headquartered in Mannheim, Germany, is a leading global supplier of lubricants and related products. The company produces a wide range of industrial, automotive, and speciality lubricants, servicing industries like automotive, manufacturing, and energy. FUCHS operates in over 50 countries, with a strong commitment to sustainability, providing innovative products to improve performance, reduce energy consumption, and minimise environmental impact across various sectors.

Shell PLC

Shell PLC, founded in 1907 and headquartered in The Hague, Netherlands, is one of the world’s largest multinational oil and gas companies. It is engaged in the exploration, production, refining, distribution, and marketing of oil and natural gas. Shell also invests heavily in renewable energy, aiming to transition to cleaner energy sources. The company is involved in sustainable practices and strives to achieve carbon neutrality by 2050, influencing global energy strategies.

Exxon Mobil Corp.

Exxon Mobil Corp., established in 1999 through the merger of Exxon and Mobil, is a global energy leader with its headquarters in Irving, Texas, United States. It is involved in all aspects of the oil and gas industry, including exploration, production, refining, and marketing. ExxonMobil also invests in biofuels, hydrogen, and carbon capture technologies. The company aims to address climate change while continuing to meet global energy demands through innovative solutions.

• BP plc
• FUCHS SE
• Shell PLC
• Exxon Mobil Corp.
• ENEOS Corp.
• Cosmo Energy Holdings Co. Ltd.
• Idemitsu Kosan Co., Ltd.
• Yushiro Chemical Industry Co., Ltd.
• Japan Sun Oil Company Ltd.
• Mitasu Oil Corporation
• Others
• Recent Developments
• In March 2025, Eneos, Japan's largest oil refiner, announced plans to halt lubricant and petroleum product production at its Yokohama plant by March 2028 due to declining domestic demand and global competition. It will explore relocating lubricant production to other facilities, maintaining business operations.
• In December 2024, Idemitsu Kosan Co. Ltd. launched the world’s first plant-powered racing engine oil, featuring over 80% plant-based materials. It offers 194% more strength, 50% lower friction, and 169% better protection than competitors, with an 82% lower carbon footprint, promoting sustainability and performance.
• In November 2024, Idemitsu launched its IFG range of nano-tailored engine oils in Australia, targeting driving enthusiasts. The oils, developed with cutting-edge technology and precision, offer three levels of protection. The range, including the high-performance IFG 7 Series, is optimized for Japanese engines.
• In May 2024, Toyota, Idemitsu Kosan, Eneos, and Mitsubishi Heavy Industries launched a joint study on carbon-neutral fuels for automobiles, aiming for a 2030 introduction. They explored e-fuels and biofuels, with Toyota developing efficient engines, promoting decarbonisation and faster refueling options.
• In April 2023, Neste, ITOCHU, and Fuji Oil supplied sustainable aviation fuel (SAF) to All Nippon Airways and Japan Airlines as part of a Japanese Civil Aviation Bureau project. The SAF was blended locally, supporting Japan’s goal of 10% SAF use by 2030.