Latin America Marine Lubricants Market Size & Outlook

The marine lubricants market in Latin America is expected to reach a projected revenue of US$ 48.6 million by 2030. A compound annual growth rate of 2.2% is expected of Latin America marine lubricants market from 2023 to 2030.
Revenue, 2022 (US$M)
$41.0
Forecast, 2030 (US$M)
$48.6
CAGR, 2023 - 2030
2.1%
Report Coverage
Latin America

Latin America marine lubricants market, 2018-2030 (US$M)

Latin

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Latin America marine lubricants market highlights

  • The Latin America marine lubricants market generated a revenue of USD 41.0 million in 2022.
  • The market is expected to grow at a CAGR of 2.2% from 2023 to 2030.
  • Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022USD 41.0 million
Market revenue in 2030USD 48.6 million
Growth rate2.2% (CAGR from 2022 to 2030)
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentation
Key market players worldwideQuaker Houghton, Repsol SA, Shell PLC, PetroChina Co Ltd Class H, Petroleo Brasileiro SA Petrobras ADR, Innospec Inc, ENEOS Holdings Inc, Bel-Ray Company, Zeller + Gmelin GmbH & Co KG, Blaser Swisslube, Kluber Lubrication Munchen SE & Co. KG, Phillips 66, Petrofer Chemie H. R. Fischer, Gulf Oil, Unimarine

Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.6% of the global marine lubricants market in 2022.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 331.3 million by 2030.

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Marine Lubricants Market Scope

Marine lubricants market segmentation & scope
Gas turbine oils
Piston engine oils
Hydraulic fluids
Others
Process Oils
General Industrial Oils
Metalworking Fluids
Industrial Engine Oils
Greases
Engine oil
Hydraulic oil
Gear oil
Turbine oil
Transmission Fluids
Brake Fluids
Coolants

Marine Lubricants Market Companies

Name Profile # Employees HQ Website

Latin America marine lubricants 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 marine lubricants market will help companies and investors design strategic landscapes.


  • Latin America Marine Lubricants Product Outlook (Revenue, USD Million, 2018-2030)
    • Gas turbine oils
    • Piston engine oils
    • Hydraulic fluids
    • Others
    • Process Oils
    • General Industrial Oils
    • Metalworking Fluids
    • Industrial Engine Oils
    • Greases
    • Engine oil
    • Hydraulic oil
    • Gear oil
    • Turbine oil
    • Transmission Fluids
    • Brake Fluids
    • Coolants

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America marine lubricants market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America marine lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America marine lubricants market

Latin America Marine Lubricants Market Outlook Share, 2022 & 2030 (US$M)

Latin America marine lubricants market

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