South & Central America Lubricant Additives Market Forecast to 2028 - COVID-19 Impact and Regional Analysis – by Type (Dispersants, Viscosity Index Improvers, Detergents, Antiwear Agents, Emulsifiers, and Others) and Application (Automotive and Industrial)
The South & Central America lubricant additives market is expected to grow from US$ 1,133.85 million in 2021 to US$ 1,341.23 million by 2028; it is estimated to grow at a CAGR of 2.4% from 2021 to 2028.
Renewable energy, a subsegment of the power generation industry, is one of the leading consumers of industrial lubricants, especially turbine oil and transformer oil. Wind energy is one of the fastest-growing renewable energy. Wind turbine lubricants play an important role in the operation, maintenance, and reliability of a wind farm. Various points in a wind turbine need lubrication; these include the gearbox, open gear, pitch gear, and pitch bearing, which require lubricants such as gear oils, hydraulic oils, and greases. Thus, it is estimated to install wind power generation plants at twice the pace recorded in the next decade to reduce carbon emissions and avoid the impact of climate change on utilities. Thus, such a growth trajectory of wind power generation holds potential opportunities for lubricant additives producers. Thus, the South & Central America lubricant additives market is expected to grow at a notable CAGR during the forecast period.
South & Central America Lubricant Additives Revenue and Forecast to 2028 (US$ Million)
South & Central America Lubricant Additives Market Segmentation
The South & Central America lubricant additives market is segmented into type, application, and country. Based on type, the market is categorized into dispersants, viscosity index improvers, detergents, antiwear agents, emulsifiers, and others. In 2021, the dispersants segment held the largest market share. Based on application, the market is bifurcated into automotive and industrial. In 2021, the automotive segment held a larger market share. Further, based on country, the South & Central America lubricant additives market is segmented into Brazil, Argentina, and the Rest of SAM. Brazil has contributed a substantial share in 2021.
Evonik Industries AG, The Lubrizol Corporation, LANXESS, Nouryan, EXXON MOBIL CORPORATION, Croda International plc, Chevron Corporation, and BASF SE are among the leading companies operating in the South & Central America lubricant additives market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 SAM Lubricant Additives Market, by Type
1.2.2 SAM Lubricant Additives Market, by Application
1.2.3 SAM Lubricant Additives Market, by Country
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. SAM Lubricant Additives Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
4.4 Ecosystem Analysis
4.4.1 Raw Material Suppliers
4.4.2 Manufacturers
4.4.3 Distributors/Suppliers
4.4.4 End-User Industries
5. SAM Lubricant Additives Market — Key Market Dynamics
5.1 Market Drivers
5.1.1 Flourishing Automotive Sector
5.1.2 Rapid Industrial Growth
5.2 Market Restraints
5.2.1 Stringent Government Policies Regarding Application of Lubricant Additives
5.3 Market Opportunities
5.3.1 Increasing Demand for Lubricants from Wind Energy Sector
5.4 Future Trends
5.4.1 Growing Demand for Synthetic Lubricants
5.5 Impact Analysis of Drivers and Restraints
6. Lubricant Additives –SAM Market Analysis
6.1 Lubricant Additives Market –Revenue and Forecast to 2028
7. SAM Lubricant Additives Market Analysis – By Type
7.1 Overview
7.2 Lubricant Additives Market, By Type (2020 and 2028)
7.3 Dispersants
7.3.1 Overview
7.3.2 Dispersants: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Viscosity Index Improvers
7.4.1 Overview
7.4.2 Viscosity Index Improvers: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Detergents
7.5.1 Overview
7.5.2 Detergents: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Antiwear Agent
7.6.1 Overview
7.6.2 Antiwear Agent: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
7.7 Emulsifiers
7.7.1 Overview
7.7.2 Emulsifiers: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
7.8 Others
7.8.1 Overview
7.8.2 Others: Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
8. SAM Lubricant Additives Market Analysis – By Application
8.1 Overview
8.2 Lubricant Additives Market, By Application (2020 and 2028)
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive : Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Industrial
8.4.1 Overview
8.4.2 Industrial : Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Mn)
9. SAM Lubricant Additives Market – Country Analysis
9.1 South and Central America: Lubricant Additives Market
9.1.1 South and Central America: Lubricant Additives Market, by Key Country
9.1.1.1 Brazil: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Brazil: Lubricant Additives Market, by Type
9.1.1.1.2 Brazil: Lubricant Additives Market, by Application
9.1.1.2 Argentina: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Argentina: Lubricant Additives Market, by Type
9.1.1.2.2 Argentina: Lubricant Additives Market, by Application
9.1.1.3 Rest of South and Central America: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Rest of South and Central America: Lubricant Additives Market, by Type
9.1.1.3.2 Rest of South and Central America: Lubricant Additives Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
11. Company Profiles
11.1 Evonik Industries AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 The Lubrizol Corporation
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 LANXESS
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.3.7 SWOT Analysis
11.3.8 Key Developments
11.4 Nouryon
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 EXXON MOBIL CORPORATION
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Croda International plc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Chevron Corporation
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 BASF SE
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. SAM Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil Lubricant Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil Lubricant Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Argentina Lubricant Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina Lubricant Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. Rest of South and Central America Lubricant Additives Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Rest of South and Central America Lubricant Additives Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Glossary of Terms, Global Lubricant Additives Market
LIST OF FIGURES
Figure 1. SAM Lubricant Additives Market Segmentation
Figure 2. SAM Lubricant Additives Market Segmentation – By Country
Figure 3. SAM Lubricant Additives Market Overview
Figure 4. SAM Lubricant Additives Market, By Application
Figure 5. SAM Lubricant Additives Market, by Country
Figure 6. SAM Porter's Five Forces Analysis
Figure 7. SAM Expert Opinion
Figure 8. SAM Ecosystem Chain: Lubricant Additives
Figure 9. SAM Lubricant Additives Market Impact Analysis of Drivers and Restraints
Figure 10. SAM Lubricant Additives Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Lubricant Additives Market Revenue Share, By Type (2020 and 2028)
Figure 12. SAM Dispersants: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. SAM Viscosity Index Improvers: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. SAM Detergents: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. SAM Antiwear Agent: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. SAM Emulsifiers: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. SAM Others: Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. SAM Lubricant Additives Market Revenue Share, By Application (2020 and 2028)
Figure 19. SAM Automotive : Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. SAM Industrial : Lubricant Additives Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. South and Central America: Lubricant Additives Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. Brazil: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
Figure 23. Argentina: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of South and Central America: Lubricant Additives Market –Revenue and Forecast to 2028 (US$ Million)
- Evonik Industries AG.
- The Lubrizol Corporation.
- LANXESS.
- Nouryan.
- EXXON MOBIL CORPORATION.
- Croda international plc.
- Chevron Corporation.
- BASF SE.
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