
Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Volume (2025) | 1.63 Billion Liters |
Market Volume (2030) | 1.90 Billion Liters |
CAGR | 3.12 % |
Market Concentration | High |
Brazil Lubricants Market Analysis
The Brazil Lubricants Market size is estimated at 1.63 billion liters in 2025, and is expected to reach 1.90 billion liters by 2030, at a CAGR of 3.12% during the forecast period (2025-2030).
- Largest Segment by End-user Industry - Automotive : Automotive was the largest end-user segment in Brazil owing to the large proportion of active vehicle fleet, production outputs, and high oil change frequencies.
- Fastest Segment by End-user Industry - Automotive : Automotive is likely to be the fastest-growing end user in Brazil due to rising ownership of flex-fuel cars and motorcycles and availability of low-interest credit financing.
- Largest Segment by Product Type - Engine Oils : Due to the high volume of engine oils and high replacement frequencies required to lubricate vehicle engines, engine oil is the most consumed product type in Brazil.
- Fastest Segment by Product Type - Greases : Grease is necessary for the proper running of industrial machinery, and grease consumption is expected to rise even faster as the country's manufacturing industry grows.
Brazil Lubricants Market Trends
Largest Segment By End User : Automotive
- In 2020, the automotive sector dominated the Brazilian lubricant market, which accounted for around 62.3% of the total lubricant consumption in the country. During 2015-2019, lubricant consumption in the automotive sector increased by around 9.5%.
- In 2020, COVID-19 pandemic-related restrictions led to declined maintenance requirements from several sectors. The major impact was observed in the metallurgy and metalworking sector, which recorded a dip of 16.1% during 2019-2020, followed by automotive (7.7%) during the year.
- Automotive is likely to be the fastest-growing end-user segment of the market studied and is expected to record a CAGR of 3.53% over 2021-2026, followed by heavy equipment (3%). The expanding vehicle population in the country is likely to drive the consumption of lubricants in the automotive sector.

Brazil Lubricants Industry Overview
The Brazil Lubricants Market is fairly consolidated, with the top five companies occupying 77.25%. The major players in this market are ExxonMobil Corporation, Iconic Lubrificantes, Petrobras, PETRONAS Lubricants International and Royal Dutch Shell PLC (sorted alphabetically).
Brazil Lubricants Market Leaders
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ExxonMobil Corporation
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Iconic Lubrificantes
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Petrobras
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PETRONAS Lubricants International
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Royal Dutch Shell PLC
- *Disclaimer: Major Players sorted in no particular order

Brazil Lubricants Market News
- March 2022: ExxonMobil Corporation company has appointed Jay Hooley as lead managing director of the company.
- January 2022: Effective April 1, ExxonMobil Corporation was organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions.
- January 2022: Effective January 21, 2022, Royal Dutch Shell plc changes its name to Shell plc.
Brazil Lubricants Industry Segmentation
By End User | Automotive |
Heavy Equipment | |
Metallurgy & Metalworking | |
Power Generation | |
Other End-user Industries | |
By Product Type | Engine Oils |
Greases | |
Hydraulic Fluids | |
Metalworking Fluids | |
Transmission & Gear Oils | |
Other Product Types |
Brazil Lubricants Market Research FAQs
How big is the Brazil Lubricants Market?
The Brazil Lubricants Market size is expected to reach 1.63 billion Liters in 2025 and grow at a CAGR of 3.12% to reach 1.90 billion Liters by 2030.
What is the current Brazil Lubricants Market size?
In 2025, the Brazil Lubricants Market size is expected to reach 1.63 billion Liters.
Who are the key players in Brazil Lubricants Market?
ExxonMobil Corporation, Iconic Lubrificantes, Petrobras, PETRONAS Lubricants International and Royal Dutch Shell PLC are the major companies operating in the Brazil Lubricants Market.
What years does this Brazil Lubricants Market cover, and what was the market size in 2024?
In 2024, the Brazil Lubricants Market size was estimated at 1.58 billion Liters. The report covers the Brazil Lubricants Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Brazil Lubricants Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Brazil Lubricants Industry Report
Statistics for the 2025 Brazil Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Lubricants analysis includes a market forecast outlook for 2025 to 2030) and historical overview. Get a sample of this industry analysis as a free report PDF download.