Global PAO based lubricants market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for PAO based lubricants in various applications such as automotive, marine and aviation. The global automotive industry is one of the major end-users of PAO based lubricants which are used in engines and gearboxes. In addition, marine industry also uses these products for their machinery and equipment such as propellers, pumps and generators. Moreover, aviation industry also uses these products for their aircrafts which require high performance lubricant with low volatility properties that can withstand high temperatures without breaking down or evaporating quickly.
The global PAO based lubricants market is segmented on the basis of type into gear oil, engine oil and compressor oil; on the basis of application into automotive, marine and aviation; by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
- The global Poly-Alpha Olefins (PAO) Based Lubricants market is driven by factors such as increasing demand for lubricant additives and rising demand for greaseless lubricants in the automotive industry.
- Increasing demand for greaseless lubricants in the automotive industry is one of the major drivers of this market, which has led to an increase in production and consumption of PAO based lubricant additives globally.
- The global Poly-Alpha Olefins (PAO) Based Lubricants market is also driven by factors such as increasing use of PAOs in various industries such as oil & gas, power generation, and petrochemicals.
- Increasing use of PAOs in various industries such as oil & gas, power generation, and petrochemicals are some other drivers that are expected to fuel growth during the forecast period.
Industry Growth Insights published a new data on “Poly-Alpha Olefins (PAO) Based Lubricants Market”. The research report is titled “Poly-Alpha Olefins (PAO) Based Lubricants Market research by Types (Gear Oil, Engine Oil, Compressor Oil, Other), By Applications (Automotive, Marine, Aviation, Other), By Players/Companies Chevron Phillips Chemical, ExxonMobil, Shell Chemical, Tulstar Products, Ineos Oligomers, Chemtura Corporation, NACO Corporation, Idemitsu Kosan, Mitsui Chemicals, Shanghai Fox Chemical Technology, Lubricon Industries”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Poly-Alpha Olefins (PAO) Based Lubricants Market Research Report
By Type
Gear Oil, Engine Oil, Compressor Oil, Other
By Application
Automotive, Marine, Aviation, Other
By Companies
Chevron Phillips Chemical, ExxonMobil, Shell Chemical, Tulstar Products, Ineos Oligomers, Chemtura Corporation, NACO Corporation, Idemitsu Kosan, Mitsui Chemicals, Shanghai Fox Chemical Technology, Lubricon Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
 Based Lubricants Industry Outlook.svg)
Global Poly-Alpha Olefins (PAO) Based Lubricants Market Report Segments:
The global Poly-Alpha Olefins (PAO) Based Lubricants market is segmented on the basis of:
Types
Gear Oil, Engine Oil, Compressor Oil, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Marine, Aviation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chevron Phillips Chemical
- ExxonMobil
- Shell Chemical
- Tulstar Products
- Ineos Oligomers
- Chemtura Corporation
- NACO Corporation
- Idemitsu Kosan
- Mitsui Chemicals
- Shanghai Fox Chemical Technology
- Lubricon Industries
 Based Lubricants Market Overview.svg)
Highlights of The Poly-Alpha Olefins (PAO) Based Lubricants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gear Oil
- Engine Oil
- Compressor Oil
- Other
- By Application:
- Automotive
- Marine
- Aviation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Poly-Alpha Olefins (PAO) Based Lubricants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Based Lubricants Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Poly-alpha olefins (PAO) based lubricants are a type of synthetic oil that is made from alpha olefin molecules that have been combined together. PAO lubricants are often used in industrial and automotive applications because they offer good performance and reliability.
Some of the major companies in the poly-alpha olefins (pao) based lubricants market are Chevron Phillips Chemical, ExxonMobil, Shell Chemical, Tulstar Products, Ineos Oligomers, Chemtura Corporation, NACO Corporation, Idemitsu Kosan, Mitsui Chemicals, Shanghai Fox Chemical Technology, Lubricon Industries.
The poly-alpha olefins (pao) based lubricants market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Poly-Alpha Olefins (PAO) Based Lubricants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Poly-Alpha Olefins (PAO) Based Lubricants Market - Supply Chain
4.5. Global Poly-Alpha Olefins (PAO) Based Lubricants Market Forecast
4.5.1. Poly-Alpha Olefins (PAO) Based Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Poly-Alpha Olefins (PAO) Based Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Absolute $ Opportunity
5. Global Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
5.3.1. Gear Oil
5.3.2. Engine Oil
5.3.3. Compressor Oil
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Marine
6.3.3. Aviation
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Poly-Alpha Olefins (PAO) Based Lubricants Demand Share Forecast, 2019-2026
9. North America Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Marine
9.4.3. Aviation
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
9.7.1. Gear Oil
9.7.2. Engine Oil
9.7.3. Compressor Oil
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Poly-Alpha Olefins (PAO) Based Lubricants Demand Share Forecast, 2019-2026
10. Latin America Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Marine
10.4.3. Aviation
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
10.7.1. Gear Oil
10.7.2. Engine Oil
10.7.3. Compressor Oil
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Poly-Alpha Olefins (PAO) Based Lubricants Demand Share Forecast, 2019-2026
11. Europe Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Marine
11.4.3. Aviation
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
11.7.1. Gear Ol
11.7.2. Engine Oil
11.7.3. Compressor Oil
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Poly-Alpha Olefins (PAO) Based Lubricants Demand Share, 2019-2026
12. Asia Pacific Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Marine
12.4.3. Aviation
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
12.7.1. Gear Oil
12.7.2. Engine Oil
12.7.3. Compressor Oil
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Poly-Alpha Olefins (PAO) Based Lubricants Demand Share, 2019-2026
13. Middle East & Africa Poly-Alpha Olefins (PAO) Based Lubricants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Marine
13.4.3. Aviation
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Poly-Alpha Olefins (PAO) Based Lubricants Market Size and Volume Forecast by Type
13.7.1. Gear Oil
13.7.2. Engine Oil
13.7.3. Compressor Oil
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Poly-Alpha Olefins (PAO) Based Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Poly-Alpha Olefins (PAO) Based Lubricants Market: Market Share Analysis
14.2. Poly-Alpha Olefins (PAO) Based Lubricants Distributors and Customers
14.3. Poly-Alpha Olefins (PAO) Based Lubricants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chevron Phillips Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ExxonMobil
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shell Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tulstar Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ineos Oligomers
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chemtura Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. NACO Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Idemitsu Kosan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsui Chemicals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Fox Chemical Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lubricon Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
