Charts & StatsSep 2, 2026

Global Petroleum Pitch market [2013-2023] South America by Application

By Application, the market is segmented into Brake Pads, Road Surface Sealings, Aluminum Anodes, Insulation, Refractory Bricks, and Application_Others (2013-2023)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Petroleum Pitch market [2013-2023] South America by Application — full underlying data
Label	Brake Pads	Road Surface Sealings	Aluminum Anodes	Insulation	Refractory Bricks	Application_Others
2013	16.83 USD Mn	4.79 USD Mn	5.51 USD Mn	9.78 USD Mn	6.26 USD Mn	1.5 USD Mn
2014	17.41 USD Mn	4.92 USD Mn	5.66 USD Mn	10.08 USD Mn	6.44 USD Mn	1.54 USD Mn
2015	18.19 USD Mn	5.09 USD Mn	5.88 USD Mn	10.49 USD Mn	6.7 USD Mn	1.59 USD Mn
2016	18.81 USD Mn	5.22 USD Mn	6.04 USD Mn	10.82 USD Mn	6.89 USD Mn	1.63 USD Mn
2017	19.27 USD Mn	5.31 USD Mn	6.14 USD Mn	11.04 USD Mn	7.02 USD Mn	1.66 USD Mn
2018	19.78 USD Mn	5.4 USD Mn	6.26 USD Mn	11.29 USD Mn	7.17 USD Mn	1.68 USD Mn
2019	20.33 USD Mn	5.51 USD Mn	6.39 USD Mn	11.57 USD Mn	7.34 USD Mn	1.71 USD Mn
2020	20.92 USD Mn	5.62 USD Mn	6.53 USD Mn	11.86 USD Mn	7.52 USD Mn	1.75 USD Mn
2021	21.62 USD Mn	5.76 USD Mn	6.7 USD Mn	12.22 USD Mn	7.73 USD Mn	1.79 USD Mn
2022	22.34 USD Mn	5.9 USD Mn	6.88 USD Mn	12.58 USD Mn	7.95 USD Mn	1.83 USD Mn
2023	23.08 USD Mn	6.05 USD Mn	7.06 USD Mn	12.96 USD Mn	8.17 USD Mn	1.87 USD Mn

Data Source: Wantstats Repository

Market Dynamics

brake pads segment accounted for the largest market share in 2017, this market is expected to reach USD 23.08 Million in 2023 from USD 19.27 Million in 2017. This market is projected to grow at a CAGR of 3.13% during the forecast period from 2018 - 2023. However, brake pads segment is the fastest growing market, which is expected to grow at a CAGR of 3.13% during the forecast period 2018 - 2023.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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