latam lubricants market

A Modest but Steady Recovery Expected in the Latin American and Caribbean Finished Lubricants Market

The finished lubricants market in Latin America and the Caribbean was negatively affected by the adverse effects of external and internal turbulence, leading to a severe regional economic downturn from 2014 to 2016.

The region entered a new post-recession cycle in 2017 due to the reactivation of commodity production, a key driver of Latin America’s economy. Recovering debt levels, mineral prices, and election results in Brazil and Colombia are also factors; all have significantly contributed to sustaining growth momentum in 2018 and most likely through 2019.Continue reading

Disruptive Forces Redefining Commercial Vehicles – A Look Into the HDMO Market’s Future

Heavy duty motor oil (HDMO) demand is projected to grow steadily over the next few years as the commercial vehicle market continues to expand. Factors such as technological development accelerated by (or associated with) the online retail boom as well as the implementation of strict air-quality regulations is promoting the use of electric vehicles (EVs) in the commercial vehicle (CV) segment. Large metropolitan areas around the world are in­creasingly incorporating EVs into their bus fleets. However, unlike in the passenger vehicle segment, Kline foresees more modest penetration of EVs in the CV population for a variety of reasons.Continue reading

Autonomous Vehicle

Where Can an Autonomous Vehicle Get an Oil Change These Days?

As the autonomous vehicle (AV) space continues to evolve and vehicle OEMs and mobility providers make announcements about million and billion dollar investments and initiatives, it is important to understand from a commercial perspective just where/how/why/when these vehicles will be serviced and the impact on suppliers of branded aftermarket engine oil and related lubricants.

Waymo, a business unit of Alphabet, announced on December 5, 2018 that it is launching a commercial self-driving, ride-hailing service in Phoenix, Arizona called Waymo One.

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