The global finished lubricants market has been going through a phase of uncertainty, with a multitude of factors hampering its growth outlook. Several years ago,
The U.S. finished lubricants market rebounded from COVID-19 and experienced a strong recovery in 2021, with volumetric demand reaching 97% of the 2019 level.
LATAM’s lubricants market is recovering from the COVID-19 crisis and nearing pre-pandemic volumes, but further growth will differ depending on the lubricants segment itself.