Brazil Automotive Engine Oils Market Size & Share Analysis
Automotive Engine Oils Market Research in Brazil
The market for Brazilian automotive engine oils, which was valued at 656.79 million litres in 2021, is anticipated to grow at a CAGR of 3.24 percent between now and 2026 to reach 770.23 million litres.
Largest Segment by Vehicle Type - Passenger Vehicles: Due to the prevalence of flex-fuel vehicles and the increase in travel demand during the epidemic, the PV segment is Brazil's largest consumer of engine lubricants.
Motorcycles are the fastest-growing segment by vehicle type, with oil consumption rising faster than that of other sectors as more quality motorcycles from Triumph, Kawasaki, and Suzuki become available.
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