Bio-lubricants Market End-use Industry, By Others
| Label | Total | Argentina | Mexico | Brazil | Rest Of South America |
|---|---|---|---|---|---|
| 2013 | 3631.7 USD Mn | 525.6 USD Mn | 915.4 USD Mn | 1599.3 USD Mn | 591.5 USD Mn |
| 2014 | 3776.2 USD Mn | 547.6 USD Mn | 944.1 USD Mn | 1672.9 USD Mn | 611.8 USD Mn |
| 2015 | 3909 USD Mn | 567.9 USD Mn | 969.3 USD Mn | 1741.9 USD Mn | 629.9 USD Mn |
| 2016 | 4043 USD Mn | 588.5 USD Mn | 994.3 USD Mn | 1812.1 USD Mn | 648 USD Mn |
| 2017 | 4193.8 USD Mn | 611.7 USD Mn | 1023 USD Mn | 1890.4 USD Mn | 668.6 USD Mn |
| 2018 | 4362.2 USD Mn | 637.5 USD Mn | 1055.4 USD Mn | 1977.4 USD Mn | 691.8 USD Mn |
| 2019 | 4542.5 USD Mn | 665.1 USD Mn | 1090.1 USD Mn | 2070.6 USD Mn | 716.6 USD Mn |
| 2020 | 4563.7 USD Mn | 669.6 USD Mn | 1086.3 USD Mn | 2091.7 USD Mn | 716.1 USD Mn |
| 2021 | 4655.1 USD Mn | 684.3 USD Mn | 1099 USD Mn | 2145.2 USD Mn | 726.6 USD Mn |
| 2022 | 4830.3 USD Mn | 711.5 USD Mn | 1131.1 USD Mn | 2237.8 USD Mn | 749.9 USD Mn |
| 2023 | 5032.7 USD Mn | 742.7 USD Mn | 1168.9 USD Mn | 2343.9 USD Mn | 777.2 USD Mn |
| 2024 | 5296.5 USD Mn | 783.2 USD Mn | 1220.1 USD Mn | 2479.5 USD Mn | 813.6 USD Mn |
| 2025 | 5563 USD Mn | 824.2 USD Mn | 1271.1 USD Mn | 2617.7 USD Mn | 850 USD Mn |
| 2026 | 5831.1 USD Mn | 865.6 USD Mn | 1321.5 USD Mn | 2757.7 USD Mn | 886.3 USD Mn |
| 2027 | 6125.4 USD Mn | 911.1 USD Mn | 1376.9 USD Mn | 2911.3 USD Mn | 926.1 USD Mn |
| 2028 | 6438.9 USD Mn | 959.6 USD Mn | 1435.6 USD Mn | 3075.4 USD Mn | 968.3 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Global Ammonia Market Argentina, Mexico, Brazil and Rest Of South America market is on a steady long-term growth path. Segment value stands at roughly USD 5831 Mn in 2026 and is projected to reach USD 6439 Mn by 2028 — a gain of about 10% over the forecast period, translating to a CAGR in the mid-single digits.
- What the regional split looks like (2026): Brazil leads, holding roughly 47% of segment value — the single largest regional share. Mexico is the second-largest contributor. Rest Of South America and Argentina make up the remainder, in descending order.
- By 2028, Brazil alone is expected to reach USD 3075 Mn, with Mexico at USD 1436 Mn.
Market Dynamics
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