The Brazil Automotive Lubricants Market size is estimated at 0.96 Billion Liters in 2026, and is expected to reach 1.04 Billion Liters by 2028, growing at a CAGR of 4.08% during the forecast period (2026-2028).

Key Highlights

• Largest Segment by Vehicle Type - Passenger Vehicles : The flex-fuel passenger vehicles (PV) and rising travel rates post the pandemic are the key factors that make the PV segment Brazil's top consumer of automotive lubricants.
• Fastest Segment by Vehicle Type - Motorcycles : With the growing presence of premium motorcycles like Kawasaki and Suzuki, the consumption of lubricants from the sector has been growing faster than other vehicle segments.
• Largest Segment by Product Type - Engine Oils : Engine oil is consumed in high quantities in Brazil's SUVs, and it is changed more frequently than other product types, making it the most popular product type in the country.
• Fastest Segment by Product Type - Hydraulic Fluids : Demand for hydraulic fluids is likely to rise at a faster pace among all product types due to an expected increase in maintenance rates in Brazil starting in 2023.

Brazil Automotive Lubricants Market Trends

Largest Segment By Vehicle Type : Passenger Vehicles

• In Brazil, passenger vehicles (PV) accounted for the largest share of 54.9% of the total number of on-road vehicles in 2022, followed by motorcycles (MC) and commercial vehicles (CV), with a share of 27.5% and 17.5%, respectively.
• The PV segment accounted for the highest share of around 44.28% of the total automotive lubricant consumption in 2022, followed by CVs (43.29%) and MCs (12.43%), respectively. In 2022, the COVID-19 outbreak led to a notable dip in lubricant consumption, with PV lubricant consumption recording the highest dip of 9.62%, followed by MCs (8.1%) and CVs (5.6%).
• The motorcycle segment is projected to be the fastest-growing lubricant consumer, exhibiting a CAGR of 5.53% over 2023-2028. The growth is expected to be driven by the growing demand for high-end sports bikes and imported used bikes.

Brazil Automotive Lubricants Industry Overview

The Brazil Automotive Lubricants Market is fairly consolidated, with the top five companies occupying 74.38%. The major players in this market are ExxonMobil Corporation, Iconic Lubrificantes, Petrobras, PETRONAS Lubricants International and Royal Dutch Shell Plc (sorted alphabetically).

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

• 1 Executive Summary & Key Findings

• 2 Introduction

  • 2.1 Study Assumptions & Market Definition

  • 2.2 Scope of the Study

  • 2.3 Research Methodology

• 3 Key Industry Trends

  • 3.1 Automotive Industry Trends

  • 3.2 Regulatory Framework

  • 3.3 Value Chain & Distribution Channel Analysis

• 4 Market Segmentation

  • 4.1 By Vehicle Type

    • 4.1.1 Commercial Vehicles

    • 4.1.2 Motorcycles

    • 4.1.3 Passenger Vehicles

  • 4.2 By Product Type

    • 4.2.1 Engine Oils

    • 4.2.2 Greases

    • 4.2.3 Hydraulic Fluids

    • 4.2.4 Transmission & Gear Oils

• 5 Competitive Landscape

  • 5.1 Key Strategic Moves

  • 5.2 Market Share Analysis

  • 5.3 Company Profiles

    • 5.3.1 BP Plc (Castrol)

    • 5.3.2 ExxonMobil Corporation

    • 5.3.3 Iconic Lubrificantes

    • 5.3.4 Ingrax Industria e Comercio de Graxas S/A

    • 5.3.5 Marcio Benedito Vecchi EIRELI

    • 5.3.6 Petrobras

    • 5.3.7 PETRONAS Lubricants International

    • 5.3.8 Royal Dutch Shell Plc

    • 5.3.9 TotalEnergies

    • 5.3.10 YPF

• 6 Appendix

  • 6.1 Appendix-1 References

  • 6.2 Appendix-2 List of Tables & Figures

• 7 Key Strategic Questions for Lubricants CEOs