Latin America's market for lubricants and fuel additives is forecast to grow to 1.74 billion U.S. dollars in 2024, up from 1.66 billion U.S. dollars the previous year. By 2027, the market could exceed two billion U.S. dollars in value, making Latin America the world region with the highest compound annual growth rates in this market segment.
More information on the lubricant and fuel additives market can be found here.
Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031
(in billion U.S. dollars)
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Extrapolate. (February 13, 2024). Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/
Extrapolate. "Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars)." Chart. February 13, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/
Extrapolate. (2024). Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/
Extrapolate. "Market Value of Lubricants and Fuel Additives in Latin America from 2021 to 2023, with a Forecast until 2031 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/
Extrapolate, Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/ (last visited December 22, 2024)
Market value of lubricants and fuel additives in Latin America from 2021 to 2023, with a forecast until 2031 (in billion U.S. dollars) [Graph], Extrapolate, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1451001/latin-america-lubricants-market-size/
