Japan Automotive Engine Oil Market Navigates Transition, Sustained by Premiumization and Hybrid Technology
Market Maintains Steady Demand Amidst Evolving Automotive Landscape
A Market in Evolution
The Japan Automotive Engine Oil Market, a critical segment of the world's third-largest automotive industry, is in a period of strategic adaptation. While facing the long-term trend of declining new car sales and the rise of electric vehicles (EVs), the market demonstrates resilience through the premiumization of lubricants and the sustained de
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