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)

BMIRE00025652 | Pages: 110 | Chemicals and Materials | Aug 2022 | Type: Regional | Status: Published

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)

  1. Evonik Industries AG.
  2. The Lubrizol Corporation.
  3. LANXESS.
  4. Nouryan.
  5. EXXON MOBIL CORPORATION.
  6. Croda international plc.
  7. Chevron Corporation.
  8. BASF SE.                                     
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Lubricant Additive market forecast.   
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in South & Central America Lubricant Additive market forecast, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the lubricant additive, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
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