Brazil Synthetic Lubricants Market Size & Outlook

The synthetic lubricants market in Brazil is expected to reach a projected revenue of US$ 993.5 million by 2030. A compound annual growth rate of 3.7% is expected of Brazil synthetic lubricants market from 2023 to 2030.
Revenue, 2022 (US$M)
$744.5
Forecast, 2030 (US$M)
$993.5
CAGR, 2023 - 2030
3.7%
Report Coverage
Brazil

Brazil synthetic lubricants market highlights

  • The Brazil synthetic lubricants market generated a revenue of USD 744.5 million in 2022 and is expected to reach USD 993.5 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
  • In terms of segment, pao was the largest revenue generating product in 2022.
  • PAO is the most lucrative product segment registering the fastest growth during the forecast period.

Synthetic lubricants market data book summary

Market revenue in 2022USD 744.5 million
Market revenue in 2030USD 993.5 million
Growth rate3.7% (CAGR from 2022 to 2030)
Largest segmentPao
Fastest growing segmentPAO
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPAO, Esters, PAG
Key market players worldwideBP PLC, Chevron Corp, Lanxess AG, Valvoline Inc, Fuchs SE ADR (Representing Pref. Shares), Shell PLC, Phillips 66, Eni SpA

Other key industry trends

  • In terms of revenue, Brazil accounted for 4.3% of the global synthetic lubricants market in 2022.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil synthetic lubricants 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 245.5 million by 2030.

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Synthetic Lubricants Market Companies

Name Profile # Employees HQ Website

Brazil synthetic 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 synthetic lubricants market will help companies and investors design strategic landscapes.


Pao was the largest segment with a revenue share of 51.3% in 2022. Horizon Databook has segmented the Brazil synthetic lubricants market based on pao, esters, pag covering the revenue growth of each sub-segment from 2018 to 2030.


  • Brazil Synthetic Lubricants Product Outlook (Revenue, USD million, 2018-2030)
    • PAO
    • Esters
    • PAG
  • Brazil Synthetic Lubricants Application Outlook (Revenue, USD million, 2018-2030)
    • Engine Oil
    • Heat Transfer Fluids (HTF)
    • Transmission Fluids
    • Metalworking Fluids
    • Others

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  • Our clientele includes a mix of synthetic lubricants market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil synthetic lubricants market , including forecasts for subscribers. This country databook contains high-level insights into Brazil synthetic lubricants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil synthetic lubricants market size, by product, 2018-2030 (US$M)

Brazil Synthetic Lubricants Market Outlook Share, 2022 & 2030 (US$M)

Brazil synthetic lubricants market size, by product, 2018-2030 (US$M)

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