Latin America Lubricants Additive Market by Product Type (Dispersants, Viscosity index improvers, Detergents, Anti-wear agents, Antioxidants, Corrosion inhibitors, Friction modifiers, Emulsifiers, Others), By Application (Automotive Lubricant, Industrial Lubricants), and Geography.  

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Latin America lubricants additive market report gives a comprehensive outlook on Lubricants Additive market across the different countries of Latin America such as Brazil, Mexico, Argentina, Chile, and the Rest of Latin America. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and country. This report studies Latin America Lubricants Additive market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. The market is characterized by the presence of a large number of players. Companies are thriving on various applications of tactics such as merger, acquisition, product launches, and others. For instance, Italmatch Chemicals is planning to acquire Afton Chemical’s metalworking fluid business which can prove beneficial for the former’s portfolio and help in further expansion. Lanxess, meanwhile, manages to take over Chemtura which will boost its additives market. The lubricant additives market is expected to grow due to enhancing fuel efficiency, improve performance, and engine protection.

The lubricant additives are expected to play a vital role in the coming years, towards fuel economy, especially contributing to emerging technologies like Dual Clutch Technology (DCT). With increasing regulatory pressure on improving the fuel efficiency of vehicles and reducing greenhouse gas emissions, there has been a tremendous development in lubricating oil formulations. Blenders have significantly invested in R&D for developing superior products that adhere to environmental regulations as well as consumer expectations. Since additives play a significant role in base oil blending and subsequent formulations as they are critical materials in improving specification and performance of oils. The trend as stated above has had an enormous impact on the industry’s development over the past and is expected to continue driving the Latin America lubricant additives market. Key players are adopting new strategy to establish their footprint worldwide thereby enhancing their product portfolio. Merger, acquisition, product development and collaborations are some of the market strategy the key players implement. In September 2017, BASF commissioned technical lab at Innovation Campus Asia Pacific, located in Navi Mumbai, India.

Latin America Lubricants Additive Market

The lubricant additives market is being driven mainly by high growth in the developing nations along with efforts toward fuel economy. In order to achieve fuel economy, extensive research is being done to improve lubricant additive properties and characteristics to comply with the technological changes in modern engines and accessories. Increasing marine and aviation transportation, growing automotive industry, and improved emission regulations in conjunction with fuel economy standards are driving the lubricant additives market growth.The enhancement in durability allows effective use of energy resources, provides capabilities to employ alternative fuels, and maintains low levels of exhaust emissions. However, higher drain intervals for high-grade lubricants inhibit the market growth owing to lubricant solutions with decreased maintenance costs and servicing. In addition, the fluctuations in the lubricant market are responsible for the relatively low growth rate of the world lubricant additives market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force

Latin America Lubricants Additive Market Segmentation

Product Type
Dispersants o   Viscosity index improvers o   Detergents Anti-wear agents Antioxidants o   Corrosion inhibitors o   Friction modifiers o   Emulsifiers o   Others
Application
  • Automotive lubricants
  •  Industrial lubricants
Geography
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

1. Executive Summary 2. Latin America Lubricants Additive Market Introduction 2.1. Latin America Lubricants Additive Market – Taxonomy 2.2. Latin America Lubricants Additive Market –Definitions 2.2.1. Type of Product 2.2.2. Application 3. Latin America Lubricants Additive Market Dynamics 3.1. Drivers 3.2. Restraints 3.3. Opportunities/Unmet Needs of the Market 3.4. Trends 3.5. Latin America Lubricants Additive Market Dynamics – Factors Impact Analysis 3.6. Latin America Lubricants Additive Market – Application  Innovations 4. Latin America Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 4.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) 4.3. Market Oppurtunity Analysis 5. Latin America Lubricants Additive Market, By Product  Type, 2014 - 2018 and Forecast, 2019 - 2025 5.1. Dispersants 5.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.1.3. Market Opportunity Analysis 5.2. Viscosity Index Improvers 5.2.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.2.3. Market Opportunity Analysis 5.3. Detergents 5.3.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.3.3. Market Opportunity Analysis 5.4. Anti-wear Agents 5.4.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.4.3. Market Opportunity Analysis 5.5. Antioxidants 5.5.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.5.3. Market Opportunity Analysis 5.6. Corrosion Inhibitors 5.6.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.6.3. Market Opportunity Analysis 5.7. Friction Modifiers 5.7.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.7.3. Market Opportunity Analysis 5.8. Emulsifiers 5.8.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.8.3. Market Opportunity Analysis 6. Global Lubricants Additive Market Forecast, By Application, 2014 - 2018 and Forecast, 2019 - 2025 6.1. Automotive Lubricants 6.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.3. Market Opportunity Analysis 6.2. Industrial Lubricants 6.2.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.2.3. Market Opportunity Analysis 7. Latin America Lubricants Additive Market Forecast, By country, 2014 - 2018 and Forecast, 2019 - 2025 7.1. Brazil 7.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.1.3. Market Opportunity Analysis 7.2. Mexico 7.2.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.2.3. Market Opportunity Analysis 7.3. Argentina 7.3.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.3.3. Market Opportunity Analysis 7.4. Chile 7.4.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.4.3. Market Opportunity Analysis 7.5. Rest of Latin America 7.5.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.5.3. Market Opportunity Analysis 7.6. Latin America Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, and Country, 2019 – 2025 8. Brazil Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 8.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 8.1.1. Dispersants 8.1.2. Viscosity index improvers 8.1.3. Detergents 8.1.4. Anti-wear agents 8.1.5. Antioxidants 8.1.6. Corrosion inhibitors 8.1.7. Friction modifiers 8.1.8. Emulsifiers 8.2. By Application Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 8.2.1. Automotive Lubricants 8.2.2. Industrial Lubricants 8.3. Brazil Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, 2019 – 2025 8.4. Brazil Lubricants Additive Market Dynamics – Trends 9. Mexico Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 9.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 9.1.1. Dispersants 9.1.2. Viscosity index improvers 9.1.3. Detergents 9.1.4. Anti-wear agents 9.1.5. Antioxidants 9.1.6. Corrosion inhibitors 9.1.7. Friction modifiers 9.1.8. Emulsifiers 9.2. By Application Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 9.2.1. Automotive Lubricants 9.2.2. Industrial Lubricants 9.3. Mexico Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, 2019 – 2025 9.4. Mexico Lubricants Additive Market Dynamics – Trends 10. Argentina Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 10.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 10.1.1. Dispersants 10.1.2. Viscosity index improvers 10.1.3. Detergents 10.1.4. Anti-wear agents 10.1.5. Antioxidants 10.1.6. Corrosion inhibitors 10.1.7. Friction modifiers 10.1.8. Emulsifiers 10.2. By Application Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 10.2.1. Automotive Lubricants 10.2.2. Industrial Lubricants 10.3. Argentina Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, 2019 – 2025 10.4. Argentina Lubricants Additive Market Dynamics – Trends 11. Chile Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 11.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 11.1.1. Dispersants 11.1.2. Viscosity index improvers 11.1.3. Detergents 11.1.4. Anti-wear agents 11.1.5. Antioxidants 11.1.6. Corrosion inhibitors 11.1.7. Friction modifiers 11.1.8. Emulsifiers 11.2. By Application Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 11.2.1. Automotive Lubricants 11.2.2. Industrial Lubricants 11.3. Chile Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, 2019 – 2025 11.4. Chile Lubricants Additive Market Dynamics – Trends 12. Rest of Latin America Lubricants Additive Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 12.1. Product Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 12.1.1. Dispersants 12.1.2. Viscosity index improvers 12.1.3. Detergents 12.1.4. Anti-wear agents 12.1.5. Antioxidants 12.1.6. Corrosion inhibitors 12.1.7. Friction modifiers 12.1.8. Emulsifiers 12.2. By Application Type Analysis (2014 – 2018) and Forecast (2019 – 2025) by (Revenue, USD Mn) Volume (000’MT), Y-o-Y Growth (%), and Market Share (%) 12.2.1. Automotive Lubricants 12.2.2. Industrial Lubricants 12.3. Rest of Latin America Lubricants Additive Market - Opportunity Analysis Index, By Product Type, By Application, 2019 – 2025 12.4. Rest of Latin America Lubricants Additive Market Dynamics – Trends 13. Competition Landscape 13.1. Strategic Dashboard of Top Market Players 13.2. Company Profiles (Introduction, Financial Analysis, Application  & Service Offerings, Key Developments, Strategies, and SWOT Analysis) 13.2.1. Gevo, Inc. 13.2.2. Chevron Corp 13.2.3. Afton Chemical Corporation 13.2.4. The Lubrizol Corporation 13.2.5. Infineum International Limited 13.2.6. BASF SE 13.2.7. BRB International BV 13.2.8. Wuxi South Petroleum Additive Co. 13.2.9. Croda Lubricants 13.2.10. DOG Chemie 13.2.11. Dorf Ketal 13.2.12. Dover Chemical 13.2.13. Eni SpA. 13.2.14. Evonik Industries AG 13.2.15. Jinzhou Kangtai Lubricant Additives Co. Ltd 13.2.16. King Industries Inc. 14. Research Methodology 15. Key Assumptions and Acronyms
  • Chevron Corp
  • Afton Chemical Corporation
  • The Lubrizol Corporation
  • Infineum International Limited
  • BASF SE
  • BRB International BV
  • Wuxi South Petroleum Additive Co.

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