A trend that has already begun, demand for passenger car motor oils is expected to decrease markedly in the coming years as electrification gains speed. But how will demand for other types of lubricants fare?
Japan
Lubricant sales in Japan reached new heights in 2022. After a pandemic-induced dip in 2021 and a slight recovery in 2022, sales volumes in the country reached their highest levels in the past decade.
Total Japan Lubricant Sales
