Bio-lubricants Market End-use Industry, By Others
| Label | Total | Brazil | Mexico | Argentina | Rest Of South America |
|---|---|---|---|---|---|
| 2019 | 89.9 USD Mn | 37.79 USD Mn | 26.35 USD Mn | 15.74 USD Mn | 9.97 USD Mn |
| 2020 | 89.8 USD Mn | 37.88 USD Mn | 26.43 USD Mn | 15.61 USD Mn | 9.88 USD Mn |
| 2021 | 91 USD Mn | 38.5 USD Mn | 26.88 USD Mn | 15.69 USD Mn | 9.92 USD Mn |
| 2022 | 92.3 USD Mn | 39.16 USD Mn | 27.36 USD Mn | 15.78 USD Mn | 9.97 USD Mn |
| 2023 | 93.7 USD Mn | 39.87 USD Mn | 27.87 USD Mn | 15.89 USD Mn | 10.03 USD Mn |
| 2024 | 95.2 USD Mn | 40.63 USD Mn | 28.43 USD Mn | 16.02 USD Mn | 10.1 USD Mn |
| 2025 | 96.8 USD Mn | 41.45 USD Mn | 29.02 USD Mn | 16.16 USD Mn | 10.18 USD Mn |
| 2026 | 98.6 USD Mn | 42.32 USD Mn | 29.65 USD Mn | 16.32 USD Mn | 10.27 USD Mn |
| 2027 | 100.5 USD Mn | 43.26 USD Mn | 30.33 USD Mn | 16.5 USD Mn | 10.38 USD Mn |
| 2028 | 102.5 USD Mn | 44.25 USD Mn | 31.05 USD Mn | 16.69 USD Mn | 10.49 USD Mn |
| 2029 | 104.7 USD Mn | 45.32 USD Mn | 31.82 USD Mn | 16.9 USD Mn | 10.61 USD Mn |
| 2030 | 107 USD Mn | 46.45 USD Mn | 32.64 USD Mn | 17.14 USD Mn | 10.75 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Sodium Bicarbonate Brazil, Mexico, Argentina and Rest Of South America market is on a steady long-term growth path. Segment value stands at roughly USD 99 Mn in 2026 and is projected to reach USD 107 Mn by 2030 — a gain of about 9% over the forecast period, translating to a CAGR in the low single digits.
- What the regional split looks like (2026): Brazil leads, holding roughly 43% of segment value — the single largest regional share. Mexico is the second-largest contributor. Argentina and Rest Of South America make up the remainder, in descending order.
- By 2030, Brazil alone is expected to reach USD 46 Mn, with Mexico at USD 33 Mn.
Market Dynamics
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Bio-lubricants Market End-use Industry, By Food
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