Despite Projected Growth, Economic Conditions are Expected to Strain the Brazilian Finished Lubricants Market
Brazil’s total demand for consumer automotive lubricants is nearly 400 kilotonnes. Passenger car motor oil (PCMO) accounts for the majority of the total Brazilian market. Furthermore, there are nearly 40 million passenger cars and light commercial vehicles and over 14 million motorcycles in use in Brazil in 2015. The PCMO demand profile in Brazil has changed