Market Size of Brazil Automotive Engine Oils Industry
| Study Period | 2015 - 2026 |
| Base Year For Estimation | 2020 |
| Forecast Data Period | 2024 - 2026 |
| Historical Data Period | 2015 - 2019 |
| CAGR (2024 - 2026) | 3.36 % |
| Market Concentration | High |
Brazil Automotive Engine Oils Market Analysis
The Brazil Automotive Engine Oils Market size is estimated at 720.95 Million Liters in 2024, and is expected to reach 770.23 Million Liters by 2026, growing at a CAGR of 3.36% during the forecast period (2024-2026).
- Largest Segment by Vehicle Type - Passenger Vehicles : The presence of flex-fuel passenger vehicles and rising travel rates post the pandemic are the key factors that make the PV segment Brazil's top consumer of engine oils.
- Fastest Segment by Vehicle Type - Motorcycles : Motorcycle oil consumption is increasing at a faster rate than other vehicle segments due to the increased presence of premium motorcycles from Kawasaki, Suzuki, and Triumph.
