Argentina Aerospace Lubricant Market Size & Outlook
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Argentina aerospace lubricant market highlights
- The Argentina aerospace lubricant market generated a revenue of USD 53.4 million in 2023 and is expected to reach USD 75.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, gas turbine oils was the largest revenue generating product in 2023.
- Piston engine oils is the most lucrative product segment registering the fastest growth during the forecast period.
Aerospace lubricant market data book summary
| Market revenue in 2023 | USD 53.4 million |
| Market revenue in 2030 | USD 75.4 million |
| Growth rate | 5.1% (CAGR from 2024 to 2030) |
| Largest segment | Gas turbine oils |
| Fastest growing segment | Piston engine oils |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gas turbine oils, Piston engine oils, Hydraulic fluids |
| Key market players worldwide | Aerospace Lubricants, IKV Group, Nye Lubricants, Santies Wholesale Oil Company, Idemitsu Kosan Co Ltd, Fuchs SE ADR (Representing Pref. Shares), Castrol, Eastman Chemical Co, Shell PLC, Chevron |
Other key industry trends
- In terms of revenue, Argentina accounted for 2.5% of the global aerospace lubricant market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil aerospace lubricant market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 75.4 million by 2030.
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Aerospace Lubricant Market Scope
Aerospace Lubricant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chevron | View profile | 10001+ | San Ramon, California, United States, North America | http://www.chevron.com |
| Santies Wholesale Oil Company | View profile | 51-100 | Sikeston, Missouri, United States, North America | https://santiemidwest.com/ |
| Nye Lubricants | View profile | 101-250 | Fairhaven, Massachusetts, United States, North America | http://nyelubricants.com |
| Castrol | View profile | 5001-10000 | Sunbury-on-thames, Surrey, United Kingdom, Europe | https://www.castrol.com |
| Aerospace Lubricants | View profile | 11-50 | Columbus, Ohio, United States, North America | https://www.aerospacelubricants.com |
| IKV Group | View profile | 11-50 | Raglan, Monmouthshire, United Kingdom, Europe | https://ikvlubricants.com |
| Idemitsu Kosan Co Ltd | View profile | 19227 | 1-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8321 | http://www.idemitsu.co.jp |
| Fuchs SE ADR (Representing Pref. Shares) | View profile | 6338 | Einsteinstraße 11, Mannheim, Germany, 68169 | https://www.fuchs.com |
| Shell PLC | View profile | 100000 | Shell Centre, London, United Kingdom, SE1 7NA | https://www.shell.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
Argentina aerospace lubricant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace lubricant market will help companies and investors design strategic landscapes.
Gas turbine oils was the largest segment with a revenue share of 48.13% in 2023. Horizon Databook has segmented the Argentina aerospace lubricant market based on gas turbine oils, piston engine oils, hydraulic fluids covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina aerospace lubricant market , including forecasts for subscribers. This country databook contains high-level insights into Argentina aerospace lubricant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina aerospace lubricant market size, by product, 2018-2030 (US$M)
Argentina Aerospace Lubricant Market Outlook Share, 2023 & 2030 (US$M)
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