Global Polyalphaolefin (PAO) Lubricants Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030 from USD 3.6 billion in 2018. The growth of the market is driven by factors such as increasing demand for low viscosity PAO lubricants and high viscosity PAO lubricants in various applications, and growing demand for metalworking fluids and compressor oil due to their high performance properties.
The global polyalphaolefin (PAO) lubricants market has been segmented on the basis of type, application, and region. On the basis of type, it has been classified into low viscosity PAO lubricants, medium viscosity PAO lubricants, high viscosity PAO lubricants; on the basis of application it has been classified into engine oil, hydraulic fluids, metalworking fluids (cutting oils), compressor oil (refrigeration oils), gear oil (transmission fluids), turbine oil; on the basis of region it has been classified into North America (NA), Latin America (LA), Europe(EU), Asia Pacific(APAC) and Middle East & Africa(MEA).
- The growth of the PAO lubricants market is driven by the increasing demand for synthetic lubricants and growing automotive industry in emerging economies such as China and India.
- Increasing demand for low-viscosity oils will also drive the growth of the PAO lubricants market during the forecast period.
- The high cost associated with these products will restrain its growth during this period.
- Increasing environmental concerns about hydrocarbons will also drive the growth of this market.
Industry Growth Insights published a new data on “Polyalphaolefin (PAO) Lubricants Market”. The research report is titled “Polyalphaolefin (PAO) Lubricants Market research by Types (Low Viscosity PAO Lubricants, Medium Viscosity PAO Lubricants, High Viscosity PAO Lubricants), By Applications (Engine Oil, Hydraulic Fluids, Metalworking Fluids, Compressor Oil, Gear Oil, Refrigeration Oil, Transmission Fluids, Turbine Oil), By Players/Companies Shell, ExxonMobil, BP, Chevron, Total, Fuchs Group, Idemitsu Kosan, Sinopec, Lukoil, Petroliam Nasional Berhad, Croda, Phillips 66, Petro-Canada Lubricants, Indian Oil, Morris Lubricants”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyalphaolefin (PAO) Lubricants Market Research Report
By Type
Low Viscosity PAO Lubricants, Medium Viscosity PAO Lubricants, High Viscosity PAO Lubricants
By Application
Engine Oil, Hydraulic Fluids, Metalworking Fluids, Compressor Oil, Gear Oil, Refrigeration Oil, Transmission Fluids, Turbine Oil
By Companies
Shell, ExxonMobil, BP, Chevron, Total, Fuchs Group, Idemitsu Kosan, Sinopec, Lukoil, Petroliam Nasional Berhad, Croda, Phillips 66, Petro-Canada Lubricants, Indian Oil, Morris Lubricants
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
 Lubricants Industry Outlook.svg)
Global Polyalphaolefin (PAO) Lubricants Market Report Segments:
The global Polyalphaolefin (PAO) Lubricants market is segmented on the basis of:
Types
Low Viscosity PAO Lubricants, Medium Viscosity PAO Lubricants, High Viscosity PAO Lubricants
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
Engine Oil, Hydraulic Fluids, Metalworking Fluids, Compressor Oil, Gear Oil, Refrigeration Oil, Transmission Fluids, Turbine Oil
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:
- Shell
- ExxonMobil
- BP
- Chevron
- Total
- Fuchs Group
- Idemitsu Kosan
- Sinopec
- Lukoil
- Petroliam Nasional Berhad
- Croda
- Phillips 66
- Petro-Canada Lubricants
- Indian Oil
- Morris Lubricants
 Lubricants Market Overview.svg)
Highlights of The Polyalphaolefin (PAO) 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:
- Low Viscosity PAO Lubricants
- Medium Viscosity PAO Lubricants
- High Viscosity PAO Lubricants
- By Application:
- Engine Oil
- Hydraulic Fluids
- Metalworking Fluids
- Compressor Oil
- Gear Oil
- Refrigeration Oil
- Transmission Fluids
- Turbine Oil
- 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 Polyalphaolefin (PAO) 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
 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?
Polyalphaolefin lubricants are a type of synthetic oil that is made from a variety of hydrocarbons. These lubricants are often used in industrial and automotive applications because they offer good performance and resistance to wear.
Some of the major companies in the polyalphaolefin (pao) lubricants market are Shell, ExxonMobil, BP, Chevron, Total, Fuchs Group, Idemitsu Kosan, Sinopec, Lukoil, Petroliam Nasional Berhad, Croda, Phillips 66, Petro-Canada Lubricants, Indian Oil, Morris Lubricants.
The polyalphaolefin (pao) lubricants market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyalphaolefin (PAO) 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. Polyalphaolefin (PAO) Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyalphaolefin (PAO) Lubricants Market - Supply Chain
4.5. Global Polyalphaolefin (PAO) Lubricants Market Forecast
4.5.1. Polyalphaolefin (PAO) Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyalphaolefin (PAO) Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyalphaolefin (PAO) Lubricants Market Absolute $ Opportunity
5. Global Polyalphaolefin (PAO) 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. Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
5.3.1. Low Viscosity PAO Lubricants
5.3.2. Medium Viscosity PAO Lubricants
5.3.3. High Viscosity PAO Lubricants
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyalphaolefin (PAO) 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. Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
6.3.1. Engine Oil
6.3.2. Hydraulic Fluids
6.3.3. Metalworking Fluids
6.3.4. Compressor Oil
6.3.5. Gear Oil
6.3.6. Refrigeration Oil
6.3.7. Transmission Fluids
6.3.8. Turbine Oil
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyalphaolefin (PAO) 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. Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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. Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Demand Share Forecast, 2019-2026
9. North America Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
9.4.1. Engine Oil
9.4.2. Hydraulic Fluids
9.4.3. Metalworking Fluids
9.4.4. Compressor Oil
9.4.5. Gear Oil
9.4.6. Refrigeration Oil
9.4.7. Transmission Fluids
9.4.8. Turbine Oil
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
9.7.1. Low Viscosity PAO Lubricants
9.7.2. Medium Viscosity PAO Lubricants
9.7.3. High Viscosity PAO Lubricants
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 Polyalphaolefin (PAO) Lubricants Demand Share Forecast, 2019-2026
10. Latin America Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
10.4.1. Engine Oil
10.4.2. Hydraulic Fluids
10.4.3. Metalworking Fluids
10.4.4. Compressor Oil
10.4.5. Gear Oil
10.4.6. Refrigeration Oil
10.4.7. Transmission Fluids
10.4.8. Turbine Oil
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
10.7.1. Low Viscosity PAO Lubricants
10.7.2. Medium Viscosity PAO Lubricants
10.7.3. High Viscosity PAO Lubricants
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 Polyalphaolefin (PAO) Lubricants Demand Share Forecast, 2019-2026
11. Europe Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
11.4.1. Engine Oil
11.4.2. Hydraulic Fluids
11.4.3. Metalworking Fluids
11.4.4. Compressor Oil
11.4.5. Gear Oil
11.4.6. Refrigeration Oil
11.4.7. Transmission Fluids
11.4.8. Turbine Oil
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
11.7.1. Low Viscosity PAO Lubricants
11.7.2. Medium Viscosity PAO Lubricants
11.7.3. High Viscosity PAO Lubricants
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 Polyalphaolefin (PAO) Lubricants Demand Share, 2019-2026
12. Asia Pacific Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
12.4.1. Engine Oil
12.4.2. Hydraulic Fluids
12.4.3. Metalworking Fluids
12.4.4. Compressor Oil
12.4.5. Gear Oil
12.4.6. Refrigeration Oil
12.4.7. Transmission Fluids
12.4.8. Turbine Oil
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
12.7.1. Low Viscosity PAO Lubricants
12.7.2. Medium Viscosity PAO Lubricants
12.7.3. High Viscosity PAO Lubricants
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 Polyalphaolefin (PAO) Lubricants Demand Share, 2019-2026
13. Middle East & Africa Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) 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 Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Application
13.4.1. Engine Oil
13.4.2. Hydraulic Fluids
13.4.3. Metalworking Fluids
13.4.4. Compressor Oil
13.4.5. Gear Oil
13.4.6. Refrigeration Oil
13.4.7. Transmission Fluids
13.4.8. Turbine Oil
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyalphaolefin (PAO) Lubricants Market Size and Volume Forecast by Type
13.7.1. Low Viscosity PAO Lubricants
13.7.2. Medium Viscosity PAO Lubricants
13.7.3. High Viscosity PAO Lubricants
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 Polyalphaolefin (PAO) Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polyalphaolefin (PAO) Lubricants Market: Market Share Analysis
14.2. Polyalphaolefin (PAO) Lubricants Distributors and Customers
14.3. Polyalphaolefin (PAO) Lubricants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Shell
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. BP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Chevron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Total
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fuchs Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Idemitsu Kosan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sinopec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lukoil
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Petroliam Nasional Berhad
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Croda
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Phillips 66
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Petro-Canada Lubricants
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Indian Oil
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Morris Lubricants
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
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