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Latin America Blown Oil Base Oil Market

The Latin America Blown Oil Base Oil market size was valued at US$ 87 million in 2024 and is projected to reach US$ 118 million by 2030, at a CAGR of 5.2% during the forecast period 2024-2030.
Blown oil base oil is a type of modified vegetable oil produced by air oxidation, resulting in increased viscosity and improved lubricating properties, used in various industrial applications.
The Latin American blown oil base oil market is experiencing moderate growth, driven by demand in metalworking fluids, greases, and printing inks. Brazil, Argentina, and Mexico account for 75% of the regional market. In 2023, the metalworking fluids sector consumed 45% of blown oil base oil in Latin America. The market saw a 14% increase in demand for high-viscosity blown oils in 2023, particularly for use in heavy-duty greases. Use in biodegradable lubricants is growing at 7% annually. Key manufacturers are focusing on developing blown oils from non-edible vegetable sources, with an 18% year-over-year increase in product launches featuring alternative feedstocks. The industry is also witnessing a trend towards partially blown oils, with a 22% rise in R&D projects exploring optimized oxidation processes for tailored performance characteristics.

Report Includes

This report is an essential reference for who looks for detailed information on Latin America Blown Oil Base Oil. The report covers data on Latin America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Latin America major vendors¡¯ information. In addition to the data part, the report also provides overview of Blown Oil Base Oil, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Latin America Blown Oil Base Oil, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blown Oil Base Oil. This report contains market size and forecasts of Blown Oil Base Oil in Latin America, including the following market information:
We surveyed the Blown Oil Base Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•   Brazil
•   Mexico
•   Argentina
•   Chile
•   Colombia
•   Peru
•   Venezuela

by Products type:

•   Blown Castor Oil
•   Blown Rapeseed Oil
•   Blown Soyabean Oil
•   Other

by Application:

•   Chain Oil
•   Cutting Oil
•   Greases
•   Other

key players include: (At least 8-10 companies included)

•   Petrobras
•   Pemex
•   Ecopetrol
•   YPF
•   Petroper