Brazil Passenger Vehicles Lubricants Market Analysis by Mordor Intelligence
The Brazil Passenger Vehicles Lubricants Market size is estimated at 437.81 million liters in 2025, and is expected to reach 514.23 million liters by 2030, at a CAGR of 3.27% during the forecast period (2025-2030).
- 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 : With a predicted rise in maintenance rates in Brazil's PV segment during 2021-2026, demand for hydraulic fluids is expected to grow at a faster rate than other product types.
Brazil Passenger Vehicles Lubricants Market Trends and Insights
Largest Segment By Product Type : Engine Oils
- In Brazil, passenger vehicles (PVs) are the largest vehicle type in terms of automotive lubricant consumption. During 2015-2019, the PV lubricant consumption registered a CAGR of 2.02%, primarily owing to the surge in the car population in the country.
- In 2020, PVs accounted for about 44.2% of the total automotive lubricant consumption in the country. Engine oil accounted for the largest share in PV lubricant consumption, with a share of around 76% during the year. During 2020, PV lubricant consumption declined by 9.6%, due to the low usage of the vehicle fleet post the COVID-19 outbreak.
- During 2021-2026, the hydraulic fluids segment is likely to be the fastest-growing lubricant type at a CAGR of 4.62%. This growth is likely to be driven by the rising sales of passenger cars and recovery in average distance traveled in the country.
Understand The Key Trends Shaping This Market
Download PDF
Competitive Landscape
The Brazil Passenger Vehicles Lubricants Market is fairly consolidated, with the top five companies occupying 70.03%. The major players in this market are ExxonMobil Corporation, Iconic Lubrificantes, Petrobras, PETRONAS Lubricants International and Royal Dutch Shell Plc (sorted alphabetically).
Brazil Passenger Vehicles Lubricants Industry Leaders
-
ExxonMobil Corporation
-
Iconic Lubrificantes
-
Petrobras
-
PETRONAS Lubricants International
-
Royal Dutch Shell Plc
- *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF
Recent Industry Developments
- October 2021: Ipiranga stations in Brazil began offering Texaco lubricants, a brand long recommended by major automakers in Brazil and worldwide, over the whole network.
- June 2021: Raízen signed an agreement with Shell to use the Shell trademark in the fuel distribution business and related activities for 13 years.
- March 2021: Castrol announced the launch of Castrol ON (a Castrol e-fluid range that includes e-gear oils, e-coolants, and e-greases) to its product portfolio. This range is specially designed for electric vehicles.
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now
Brazil Passenger Vehicles Lubricants Market Report Scope
By Product Type
| Engine Oils |
| Greases |
| Hydraulic Fluids |
| Transmission & Gear Oils |
| By Product Type | Engine Oils |
| Greases | |
| Hydraulic Fluids | |
| Transmission & Gear Oils |
Need A Different Region or Segment?
Customize Now
Key Questions Answered in the Report
How big is the Brazil Passenger Vehicles Lubricants Market?
The Brazil Passenger Vehicles Lubricants Market size is expected to reach 437.81 million Liters in 2025 and grow at a CAGR of 3.27% to reach 514.23 million Liters by 2030.
What is the current Brazil Passenger Vehicles Lubricants Market size?
In 2025, the Brazil Passenger Vehicles Lubricants Market size is expected to reach 437.81 million Liters.
Who are the key players in Brazil Passenger Vehicles Lubricants Market?
ExxonMobil Corporation, Iconic Lubrificantes, Petrobras, PETRONAS Lubricants International and Royal Dutch Shell Plc are the major companies operating in the Brazil Passenger Vehicles Lubricants Market.
What years does this Brazil Passenger Vehicles Lubricants Market cover, and what was the market size in 2024?
In 2024, the Brazil Passenger Vehicles Lubricants Market size was estimated at 423.49 million Liters. The report covers the Brazil Passenger Vehicles Lubricants Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Brazil Passenger Vehicles Lubricants Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on:
Brazil Passenger Vehicles Lubricants Market Report
Statistics for the 2025 Brazil Passenger Vehicles Lubricants market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Brazil Passenger Vehicles 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.
