Brazil Lubricants Market Size (2024 - 2029)

Statistics for the 2023 & 2024 Brazil Lubricants market size, created by Mordor Intelligence™ Industry Reports. Brazil Lubricants size report includes a market forecast to 2030 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Brazil Lubricants Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS (2025 - 2030)

Brazil Lubricants Market Size

Brazil Lubricants Market Summary
Study Period 2015 - 2026
Base Year For Estimation 2020
Forecast Data Period 2024 - 2026
Market Volume (2024) 1.58 Billion Liters
Market Volume (2026) 1.68 Billion Liters
CAGR 3.12 %
Market Concentration High

Brazil Lubricants Market Analysis

The Brazil Lubricants Market size is estimated at 1.58 Billion Liters in 2024, and is expected to reach 1.68 Billion Liters by 2026, growing at a CAGR of 3.12% during the forecast period (2024-2026).

  • Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user segment in Brazil owing to the large proportion of active vehicle fleet, production outputs, and high oil change frequencies.
  • Fastest Segment by End-user Industry - Automotive : Automotive is likely to be the fastest-growing end user in Brazil due to rising ownership of flex-fuel cars and motorcycles and availability of low-interest credit financing.
  • Largest Segment by Product Type - Engine Oils : Due to the high volume of engine oils and high replacement frequencies required to lubricate vehicle engines, engine oil is the most consumed product type in Brazil.
  • Fastest Segment by Product Type - Greases : Grease is necessary for the proper running of industrial machinery, and grease consumption is expected to rise even faster as the country's manufacturing industry grows.