 Market - Global Outlook & Forecast 2022-2027-1648138848.jpeg)
Have a question?
Please get in touch with our team in case of any queries
THE GLOBAL POLY ALPHA OLEFIN (PAO) MARKET IS EXPECTED TO REACH USD 2.13 BILLION BY 2027 FROM USD 1.67 BILLION IN 2021 AT A CAGR OF 4.16% DURING THE FORECAST PERIOD 2022-2027.
The Global Poly Alpha Olefin (PAO) Market Size, Share, & Trends Analysis Report by
- Type: Low Viscosity, Medium, High Viscosity
- End-User: Automotive, Industrial, Others
- Geography: North America, Europe, APAC, Rest Of the World
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2022–2027.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
POLY ALPHA OLEFIN (PAO) MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2027) | USD 2 Billion |
| Market Size (2021) | USD 1.7 Billion |
| CAGR | 4% ( 2022-2027) |
| Base Year | 2021 |
| Geographic Analysis | North America, Europe, APAC, Rest Of the World |
| Market Segments | Type, End-user, and Geography |
MARKET ANALYSIS
The Poly Alpha Olefin (PAO) Market is expected to grow at a CAGR of 4.16%, from USD 1.67 billion in 2021 to reach USD 2.13 billion by 2027. According to Arizton Advisory & Intelligence, rising awareness towards environmental sustainability, high-performance lubricants, better fuel economy, and good engine lifespan drive the global Poly alpha olefin market. The market is witnessing increased demand from sectors such as the automotive and manufacturing industries.
The poly alpha olefin sector is anticipated to witness significant growth in the coming years owing to increasing demand from the automotive industry and the increasing need for better lubrication of high-performance engines. In addition, PAO-based lubricants are also well suited for providing higher fuel economy in vehicles.
Global Poly Alpha Olefin Market Growth in CAGR( 2022-2027)
What is Poly Alpha Olefin (PAO)?
Poly alpha olefin is the most prevalent synthetic base oil used in industrial and automotive lubricants. It's a synthetic hydrocarbon (SHC) that replicates the hydrocarbon available in the branched structure. There are no ring structures, double bonds, sulfur, nitrogen components, or waxy hydrocarbons in poly alpha olefin. PAOs are the most popular synthetic base stock. PAO-based lubricant eliminates many drawbacks of mineral oil lubricants, such as poor low-temperature fluidity, low viscosity index, sludge deposits, and excessive volatility.
Cracking either crude oil or natural gas produces ethylene. The direct feedstock (normal alpha olefin – NAO) is produced using a petrochemically pure alpha-olefin chain growth and displacement method. PAOs are made by combining 1-decene and 1-dodecane oligomers.
Production Process of Poly Alpha Olefin
RECENT DEVELOPMENTS:
- Baltic Chemical plant LLC and Axens signed an agreement to supply alpha-olefins production technology for an ethane-containing gas processing complex in the Leningrad Region. Axens will provide its AlphaButol® technology for high purity 1-butene and AlphaHexol™ technology for the production of high purity 1-hexene.
- INEOS signed an agreement with Saudi Aramco and Total to build 3 production units in the Middle East. These plants are expected to produce the key building blocks for carbon fiber, engineering polymers, and synthetic lubricants.
- ExxonMobil has increased low-viscosity polyalphaolefin production capacity at its Gravenchon, France, plant by 19% to 105,000 metric tons per year. The company has also improved its supply chain network by expanding sales hubs and strengthening its logistical operations.
- ExxonMobil Synthetics announced plans to expand the production capacity of the metallocene high viscosity PAO plant in Baytown, Texas, by 20%, to fulfill demand. The project is expected to increase the plant’s capacity from 50,000 t/y to 60,000 t/y.
GLOBAL POLY ALPHA OLEFIN MARKET OPPORTUNITIES
PAO is expected to witness steady growth and increased acceptance as a lubricant base stock in the coming years. Moreover, rapid industrialization, environmental sustainability directives, and growth in manufacturing, automotive, construction are expected to boost the demand for PAO-based lubricant products.
APAC is expected to boost further demand for these lubricants owing to growth in industrialization, urbanization, changing government policies, and increasing purchasing power of consumers in economies such as India, Vietnam, Malaysia, Indonesia, Thailand, and others. In addition, the growing manufacturing sector in India and China is also expected to propel the demand for PAO-based lubricants in the region.
COVID-19 IMPACT
COVID-19 has an adverse impact on the poly alpha olefin market. Owing to the pandemic and nationwide lockdown, the supply chain of the raw ingredient was severely disrupted. Additionally, a decline in oil prices, production, and consumption following the norms of social distancing has adversely affected the market. The drop in oil and gas production owing to low demand from end-use industries, including automotive, aerospace, and chemicals, the electronic industry causes a negative impact on the PAO market.
However, the economy started reviving soon after the restrictions were withdrawn, evidenced by a rise in crude oil & petroleum production. For instance, in the 3rd quarter of 2021, the European market witnessed high demand for PAO products due to the renewed demand from the downstream lubricants sector. Similarly, the APAC countries also saw increased demand for PAO products during the third quarter of 2021 due to end-use industries such as automotive, agriculture, and construction growth.
GLOBAL POLY ALPHA OLEFIN MARKET TRENDS AND CHALLENGES
Trends:
- Growth in demand from high-performance engines
- Beneficial properties in comparison to conventional lubricants
- Increasing demand from emerging economies and growing automotive demand
- Cost-effectiveness and high fuel economy
Major Factors Driving the Growth
Challenges with PAOs
- Limited biodegradability
- Inadequate solubility
- Seal Shrinkage probability
Major Challenges Impacting the market growth
GLOBAL POLY ALPHA OLEFIN MARKET SHARE AND SEGMENTS
The low viscosity PAO segment captured the largest market share. Low viscosity PAOs are widely used in most demanding and extreme lubricant service conditions, which have further benefited from the reformulation of low viscosity PAOs. The need for transportation to fulfill greater fuel economy rules is projected to increase demand for higher-quality lubricants, pushing the use of higher-quality base stocks such as low-viscosity PAOs. The increasing demand for automobiles, growth of aviation, commercial road transport, and others are expected to contribute to the growing demand for PAO-based products.
The automobile is the largest consumer of PAO-based lubricants. Dispersants, anti-wear chemicals, and detergents are among the additives used. The primary goal of automotive PAO oil is to reduce friction and wear in automobile engines while also cleaning them of sludge and detergents. The increased need for low viscosity and low volatility lubricants and the requirement for higher fuel efficiency have made poly alpha olefin the most common substance for creating synthetic lubricants.
COMPETITIVE STRATEGIES
The PAO market is highly competitive with well-diversified global and regional manufacturers. Industry participants are continuously focusing on expansions, acquisitions, new product launches, technological developments, and other operational strategies that are likely to give them an edge in the competitive market space.
The major companies operating in the market are British Petroleum (UK), Chevron Corporation (US), Exxon Mobil Corporation (US), Ineos (UK), Shell (Netherlands), Addinol (Germany), Eni (Italy), Petro-Canada (Canada), Mitsui Chemicals (Japan), and Fuchs (Germany) among others. These companies continually compete among themselves for the leading position in the market, with steady competition from local vendors.
Frequently Asked Questions
What will be the size of the global poly alpha olefin market by 2027?
What are the latest trends in the poly alpha olefin market?
Who are the key players in the PAO market?
What is Poly Alpha Olefin (PAO)?
The global poly alpha olefin market is expected to grow at a CAGR of 4% during 2022-2027
Base Year: 2021
Forecast Year: 2022-2027
The report considers the present scenario of the poly alpha olefin market and its market dynamics for 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyses leading companies and several other prominent companies operating in the market.
Key Vendors
- British Petroleum
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Chevron Corporation
- Exxon Mobil Corporation
- Ineos
- Shell
Other Prominent Vendors
- Addinol
- Business Overview
- Product Offerings
- Croda International
- Chemtura
- ENI
- Fuchs
- Idemitsu Kosan
- Liqui Moly
- Lukoil
- Lubricon
- Labdhi Chemicals
- Mitsui Chemicals
- Naco Synthetics
- Novvi
- PetroCanada
- Penrite Oil
- Peak Lubricants
- Shanghai FOX Chemical Technology
- Sasol
- Tulstar Products
- Valero
Segmentation by Type
- Low Viscosity
- High Viscosity
- Medium Viscosity
Segmentation by End-Use
- Automotive
- Industrial
- Others
Segmentation by Geography
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- APAC
- China
- India
- Japan
- South Korea
- Indonesia
- Rest of Asia Pacific
- Rest of the World (ROW)
LIST OF EXHIBITS
EXHIBIT 1 SEGMENTATION OF GLOBAL POLYALPHAOLEFIN MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2021
EXHIBIT 3 GLOBAL POLYALPHAOLEFINS MARKET: OVERVIEW
EXHIBIT 4 ADVANTAGE OF POLYALPHAOLEFINS
EXHIBIT 5 GENERAL PROPERTIES OF POLYALPHAOLEFINS
EXHIBIT 6 MANUFACTURING PROCESS FLOW CHART
EXHIBIT 7 VALUE CHAIN ANALYSIS OF GLOBAL POLYALPHAOLEFIN MARKET
EXHIBIT 8 IMPACT OF INCREASING DEMAND FROM AUTOMOTIVE SECTOR
EXHIBIT 9 IMPACT OF DEMAND FOR VEHICLES WITH HIGHER FUEL ECONOMY
EXHIBIT 10 IMPACT OF GROWING DEMAND FOR BIO-BASED POLYALPHAOLEFINS
EXHIBIT 11 IMPACT OF GROWING DEMAND FROM ELECTRIC VEHICLES
EXHIBIT 12 IMPACT OF VOLATILITY IN RAW MATERIAL PRICES
EXHIBIT 13 CRUDE OIL PRICES 2000−2020 ($ PER BARREL)
EXHIBIT 14 IMPACT OF INCREASING COMPETITION FROM BIO-BASED PAO PRODUCTS
EXHIBIT 15 DIFFERENCE BETWEEN SYNTHETIC & BIO-BASED POLYALPHAOLEFINS
EXHIBIT 16 OVERVIEW OF GLOBAL POLYALPHAOLEFIN MARKET
EXHIBIT 17 GLOBAL POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 18 GLOBAL POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 19 FIVE FORCES ANALYSIS 2021
EXHIBIT 20 INCREMENTAL GROWTH BY TYPE 2021 & 2027
EXHIBIT 21 INCREMENTAL GROWTH BY TYPE 2021-2027
EXHIBIT 22 CLASSIFICATION OF GLOBAL POLYALPHAOLEFIN MARKET BY TYPE
EXHIBIT 23 TYPE OF POLYALPHAOLEFIN OILS
EXHIBIT 24 REVENUE CAGR COMPARISON OF POLYALPHAOLEFINS MARKET BY TYPE 2021−2027 ($ MILLION)
EXHIBIT 25 GLOBAL MOMENTUM OUTLOOK OF POLYALPHAOLEFINS MARKET BY TYPE 2021−2027 ($ MILLION)
EXHIBIT 26 ADVANTAGE OF HIGH VISCOSITY PAO
EXHIBIT 27 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 28 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 29 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 30 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 31 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 32 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 33 INCREMENTAL GROWTH BY END USE 2021 & 2027
EXHIBIT 34 INCREMENTAL GROWTH BY END USE 2021 & 2027
EXHIBIT 35 CLASSIFICATION OF GLOBAL POLYALPHAOLEFIN MARKET BY END-USE
EXHIBIT 36 GLOBAL MOMENTUM OUTLOOK OF POLYALPHAOLEFINS MARKET BY END-USE 2021−2027 ($ MILLION)
EXHIBIT 37 REVENUE CAGR COMPARISON OF POLYALPHAOLEFINS MARKET BY END-USE 2021−2027 ($ MILLION)
EXHIBIT 38 GLOBAL AUTOMOTIVE POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 39 GLOBAL AUTOMOTIVE POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 40 ADVANTAGE OF INDUSTRIAL POLYALPHAOLEFIN
EXHIBIT 41 GLOBAL INDUSTRIAL POLYALPHAOLEFINS MARKET 2021–2027 ($ MILLION)
EXHIBIT 42 GLOBAL INDUSTRIAL POLYALPHAOLEFINS MARKET 2021–2027 (KILOTONS)
EXHIBIT 43 GLOBAL OTHERS POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 44 GLOBAL OTHERS POLYALPHAOLEFIN MARKET 2021–2027 (KILOTONS)
EXHIBIT 45 INCREMENTAL GROWTH BY GEOGRAPHY 2021 & 2027
EXHIBIT 46 INCREMENTAL GROWTH BY GEOGRAPHY 2021 & 2027
EXHIBIT 47 MARKET DYNAMICS OF GLOBAL POLYALPHAOLEFIN MARKET 2021−2027 ($ MILLION)
EXHIBIT 48 NORTH AMERICA POLYALPHAOLEFIN MARKET 2021−2027 ($ MILLION)
EXHIBIT 49 POLYALPHAOLEFIN MARKET IN NORTH AMERICA 2021–2027 ($ MILLION)
EXHIBIT 50 POLYALPHAOLEFIN MARKET IN NORTH AMERICA 2021–2027 (KILOTONS)
EXHIBIT 51 INCREMENTAL GROWTH IN NORTH AMERICA 2021 & 2027
EXHIBIT 52 INCREMENTAL GROWTH IN NORTH AMERICA 2021 & 2027
EXHIBIT 53 POLYALPHAOLEFIN MARKET IN US 2021–2027 ($ MILLION)
EXHIBIT 54 POLYALPHAOLEFIN MARKET IN US 2021–2027 (KILOTONS)
EXHIBIT 55 POLYALPHAOLEFIN MARKET IN CANADA 2021–2027 ($ MILLION)
EXHIBIT 56 POLYALPHAOLEFIN MARKET IN CANADA 2021–2027 (KILOTONS)
EXHIBIT 57 APAC POLYALPHAOLEFIN MARKET 2021−2027 ($ MILLION)
EXHIBIT 58 POLYALPHAOLEFIN MARKET IN APAC 2021–2027 ($ MILLION)
EXHIBIT 59 POLYALPHAOLEFIN MARKET IN APAC 2021–2027 (KILOTONS)
EXHIBIT 60 INCREMENTAL GROWTH IN APAC 2021 & 2027
EXHIBIT 61 INCREMENTAL GROWTH IN APAC 2021 & 2027
EXHIBIT 62 PAO PRODUCERS IN CHINA
EXHIBIT 63 POLYALPHAOLEFIN MARKET IN CHINA 2021–2027 ($ MILLION)
EXHIBIT 64 POLYALPHAOLEFIN MARKET IN CHINA 2021–2027 (KILOTONS)
EXHIBIT 65 AUTOMOTIVE INDUSTRY IN INDIA
EXHIBIT 66 POLYALPHAOLEFIN MARKET IN INDIA 2021–2027 ($ MILLION)
EXHIBIT 67 POLYALPHAOLEFIN MARKET IN INDIA 2021–2027 (KILOTONS)
EXHIBIT 68 POLYALPHAOLEFIN MARKET IN JAPAN 2021–2027 ($ MILLION)
EXHIBIT 69 POLYALPHAOLEFIN MARKET IN JAPAN 2021–2027 (KILOTONS)
EXHIBIT 70 POLYALPHAOLEFIN MARKET IN SOUTH KOREA 2021–2027 ($ MILLION)
EXHIBIT 71 POLYALPHAOLEFIN MARKET IN SOUTH KOREA 2021–2027 (KILOTONS)
EXHIBIT 72 KEY INSIGHTS
EXHIBIT 73 POLYALPHAOLEFIN MARKET IN INDONESIA 2021–2027 ($ MILLION)
EXHIBIT 74 POLYALPHAOLEFIN MARKET IN INDONESIA 2021–2027 (KILOTON)
EXHIBIT 75 POLYALPHAOLEFIN MARKET IN REST OF APAC 2021–2027 ($ MILLION)
EXHIBIT 76 POLYALPHAOLEFIN MARKET IN REST OF APAC 2021–2027 (KILOTONS)
EXHIBIT 77 EUROPE POLYALPHAOLEFIN MARKET 2021–2027 ($ MILLION)
EXHIBIT 78 POLYALPHAOLEFIN MARKET IN EUROPE 2021–2027 ($ MILLION)
EXHIBIT 79 POLYALPHAOLEFIN MARKET IN EUROPE 2021–2027 (KILOTONS)
EXHIBIT 80 INCREMENTAL GROWTH IN EUROPE 2021 & 2027
EXHIBIT 81 INCREMENTAL GROWTH IN EUROPE
EXHIBIT 82 POLYALPHAOLEFIN MARKET IN GERMANY 2021–2027 ($ MILLION)
EXHIBIT 83 POLYALPHAOLEFIN MARKET IN GERMANY 2021–2027 (KILOTONS)
EXHIBIT 84 POLYALPHAOLEFIN MARKET IN UK 2021–2027 ($ MILLION)
EXHIBIT 85 POLYALPHAOLEFIN MARKET IN UK 2021–2027 (KILOTONS)
EXHIBIT 86 POLYALPHAOLEFIN MARKET IN FRANCE 2021–2027 ($ MILLION)
EXHIBIT 87 POLYALPHAOLEFIN MARKET IN FRANCE 2021–2027 (KILOTONS)
EXHIBIT 88 SPAIN AUTOMOTIVE OUTPUT
EXHIBIT 89 POLYALPHAOLEFIN MARKET IN SPAIN 2021–2027 ($ MILLION)
EXHIBIT 90 POLYALPHAOLEFIN MARKET IN SPAIN 2021–2027 (KILOTONS)
EXHIBIT 91 POLYALPHAOLEFIN MARKET IN ITALY 2021–2027 ($ MILLION)
EXHIBIT 92 POLYALPHAOLEFIN MARKET IN ITALY 2021–2027 (KILOTONS)
EXHIBIT 93 POLYALPHAOLEFIN MARKET IN REST OF EUROPE 2021–2027 ($ MILLION)
EXHIBIT 94 POLYALPHAOLEFIN MARKET IN REST OF EUROPE 2021–2027 (KILOTONS)
EXHIBIT 95 POLYALPHAOLEFIN MARKET IN ROW2021–2027 ($ MILLION)
EXHIBIT 96 POLYALPHAOLEFIN MARKET IN ROW 2021–2027 (KILOTONS)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2015−2021
TABLE 3 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 4 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 5 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 6 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 7 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 8 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 9 GLOBAL AUTOMOTIVE POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 10 GLOBAL AUTOMOTIVE POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 11 GLOBAL INDUSTRIAL POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 12 GLOBAL INDUSTRIAL POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 13 GLOBAL OTHERS POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 14 GLOBAL OTHERS POLYALPHAOLEFINS MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 15 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY TYPE 2021−2027 ($ MILLION)
TABLE 16 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY TYPE 2021−2027 (KILOTONS)
TABLE 17 POLYALPHAOLEFIN MARKET NORTH AMERICA BY END USE 2021−2027 ($ MILLION)
TABLE 18 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY TYPE 2021−2027 (KILOTON)
TABLE 19 POLYALPHAOLEFIN MARKET IN APAC BY TYPE 2021−2027 ($ MILLION)
TABLE 20 POLYALPHAOLEFIN MARKET IN APAC BY TYPE 2021−2027 (KILOTONS)
TABLE 21 POLYALPHAOLEFIN MARKET IN APAC BY END USE 2021−2027 ($ MILLION)
TABLE 22 POLYALPHAOLEFIN MARKET IN APAC BY TYPE 2021−2027 (KILOTONS)
TABLE 23 POLYALPHAOLEFIN MARKET IN EUROPE BY TYPE 2021−2027 ($ MILLION)
TABLE 24 POLYALPHAOLEFIN MARKET IN EUROPE BY TYPE 2021−2027 (KILOTONS)
TABLE 25 POLYALPHAOLEFIN MARKET IN EUROPE BY END USE 2021−2027 ($ MILLION)
TABLE 26 POLYALPHAOLEFIN MARKET IN EUROPE BY TYPE 2021−2027 (KILOTONS)
TABLE 27 POLYALPHAOLEFIN MARKET IN ROW BY TYPE 2021−2027 ($ MILLION)
TABLE 28 POLYALPHAOLEFIN MARKET IN ROW BY TYPE 2021−2027 (KILOTONS)
TABLE 29 POLYALPHAOLEFIN MARKET IN ROW BY END USE 2021−2027 ($ MILLION)
TABLE 30 POLYALPHAOLEFIN MARKET IN ROW BY TYPE 2021−2027 (KILOTONS)
TABLE 31 BRITISH PETROLEUM: MAJOR PRODUCT OFFERINGS
TABLE 32 CHEVRON: MAJOR PRODUCT OFFERINGS
TABLE 33 EXXON MOBIL CORPORATION: MAJOR PRODUCT OFFERINGS
TABLE 34 INEOS: MAJOR PRODUCT OFFERINGS
TABLE 35 SHELL: MAJOR PRODUCT OFFERINGS
TABLE 36 ADDINOL: MAJOR PRODUCT OFFERINGS
TABLE 37 CRODA INTERNATIONAL: MAJOR PRODUCT OFFERINGS
TABLE 38 CHEMTURA: MAJOR PRODUCT OFFERINGS
TABLE 39 ENI: MAJOR PRODUCT OFFERINGS
TABLE 40 FUCHS: MAJOR PRODUCT OFFERINGS
TABLE 41 IDEMITSU KOSAN: MAJOR PRODUCT OFFERINGS
TABLE 42 LIQUI MOLY: MAJOR PRODUCT OFFERINGS
TABLE 43 LUKOIL: MAJOR PRODUCT OFFERINGS
TABLE 44 LUBRICON: MAJOR PRODUCT OFFERINGS
TABLE 45 LABDHI CHEMICALS: MAJOR PRODUCT OFFERINGS
TABLE 46 NACO SYNTHETICS: MAJOR PRODUCT OFFERINGS
TABLE 47 NOVVI: MAJOR PRODUCT OFFERINGS
TABLE 48 PETROCANADA: MAJOR PRODUCT OFFERINGS
TABLE 49 PENRITE OIL: MAJOR PRODUCT OFFERINGS
TABLE 50 PEAK LUBRICANTS: MAJOR PRODUCT OFFERINGS
TABLE 51 SHANGHAI FOX CHEMICAL TECHNOLOGY: MAJOR PRODUCT OFFERINGS
TABLE 52 SASOL: MAJOR PRODUCT OFFERINGS
TABLE 53 TULSTAR PRODUCTS: MAJOR PRODUCT OFFERINGS
TABLE 54 VALERO: MAJOR PRODUCT OFFERINGS
TABLE 55 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 56 GLOBAL HIGH VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 57 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 58 GLOBAL LOW VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 59 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 60 GLOBAL MEDIUM VISCOSITY POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 61 GLOBAL AUTOMOTIVE POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 62 GLOBAL AUTOMOTIVE POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 63 GLOBAL INDUSTRIAL POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 64 GLOBAL INDUSTRIAL POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 65 GLOBAL OTHERS POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 ($ MILLION)
TABLE 66 GLOBAL OTHERS POLYALPHAOLEFIN MARKET BY GEOGRAPHY 2021−2027 (KILOTONS)
TABLE 67 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY TYPE 2021−2027 ($ MILLION)
TABLE 68 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY TYPE 2021−2027 (KILOTONS)
TABLE 69 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY END USE 2021−2027 ($ MILLION)
TABLE 70 POLYALPHAOLEFIN MARKET IN NORTH AMERICA BY END USE 2021−2027 (KILOTONS)
TABLE 71 POLYALPHAOLEFIN MARKET IN EUROPE BY TYPE 2021−2027 ($ MILLION)
TABLE 72 POLYALPHAOLEFIN MARKET IN EUROPE BY TYPE 2021−2027 (KILOTONS)
TABLE 73 POLYALPHAOLEFIN MARKET IN EUROPE BY END USE 2021−2027 ($ MILLION)
TABLE 74 POLYALPHAOLEFIN MARKET IN EUROPE BY END USE 2021−2027 (KILOTONS)
TABLE 75 POLYALPHAOLEFIN MARKET IN APAC BY TYPE 2021−2027 ($ MILLION)
TABLE 76 POLYALPHAOLEFIN MARKET IN APAC BY TYPE 2021−2027 (KILOTONS)
TABLE 77 POLYALPHAOLEFIN MARKET IN APAC BY END USE 2021−2027 ($ MILLION)
TABLE 78 POLYALPHAOLEFIN MARKET IN APAC BY END USE 2021−2027 (KILOTONS)
TABLE 79 POLYALPHAOLEFIN MARKET IN REST OF WORLD BY TYPE 2021−2027 ($ MILLION)
TABLE 80 POLYALPHAOLEFIN MARKET IN REST OF WORLD BY TYPE 2021−2027 (KILOTONS)
TABLE 81 POLYALPHAOLEFIN MARKET IN REST OF WORLD BY END USE 2021−2027 ($ MILLION)
TABLE 82 POLYALPHAOLEFIN MARKET IN REST OF WORLD BY END USE 2021−2027 (KILOTONS)
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 INTRODUCTION
7.1 OVERVIEW
7.2 MANUFACTURING PROCESS
7.3 VALUE CHAIN ANALYSIS
7.4 IMPACT OF COVID-19
7.4.1 SUPPLY CHAIN ANALYSIS
8 MARKET OPPORTUNITIES & TRENDS
8.1 INCREASING DEMAND FROM AUTOMOTIVE SECTOR
8.2 DEMAND FOR VEHICLES WITH HIGHER FUEL ECONOMY
9 MARKET GROWTH ENABLERS
9.1 GROWING DEMAND FOR BIO-BASED POLYALPHAOLEFINS
9.2 GROWING DEMAND FROM ELECTRIC VEHICLES
10 MARKET RESTRAINTS
10.1 VOLATILITY IN RAW MATERIAL PRICES
10.2 INCREASING COMPETITION FROM BIO-BASED PAO PRODUCTS
11 MARKET LANDSCAPE
11.1 MARKET OVERVIEW
11.2 MARKET SIZE & FORECAST
11.2.1 VALUE & VOLUME
11.3 FIVE FORCES ANALYSIS
11.3.1 THREAT OF NEW ENTRANTS
11.3.2 BARGAINING POWER OF SUPPLIERS
11.3.3 BARGAINING POWER OF BUYERS
11.3.4 THREAT OF SUBSTITUTES
11.3.5 COMPETITIVE RIVALRY
12 POLYALPHAOLEFIN TYPE
12.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
12.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
12.3 MARKET OVERVIEW
12.4 HIGH VISCOSITY
12.4.1 MARKET OVERVIEW
12.4.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
12.4.3 MARKET BY GEOGRAPHY
12.5 MEDIUM VISCOSITY
12.5.1 MARKET OVERVIEW
12.5.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
12.5.3 MARKET BY GEOGRAPHY
12.6 LOW VISCOSITY
12.6.1 MARKET OVERVIEW
12.6.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
12.6.3 MARKET BY GEOGRAPHY
13 END USE
13.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
13.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
13.3 MARKET OVERVIEW
13.4 AUTOMOTIVE
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.4.3 MARKET BY GEOGRAPHY
13.5 INDUSTRIAL
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.5.3 MARKET BY GEOGRAPHY
13.6 OTHERS
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST (VALUE & VOLUME)
13.6.3 MARKET BY GEOGRAPHY
14 GEOGRAPHY
14.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
14.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
14.3 GEOGRAPHIC OVERVIEW
15 NORTH AMERICA
15.1 MARKET OVERVIEW
15.2 MARKET SIZE & FORECAST
15.2.1 BY VALUE
15.2.2 BY VOLUME
15.3 TYPE
15.3.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
15.4 END USE
15.4.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
15.5 KEY COUNTRIES
15.5.1 MARKET SNAPSHOT & GROWTH ENGINE 2021−2027 (VALUE)
15.5.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
15.6 US
15.6.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
15.7 CANADA
15.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16 APAC
16.1 MARKET OVERVIEW
16.2 MARKET SIZE & FORECAST
16.2.1 BY VALUE
16.2.2 BY VOLUME
16.3 TYPE
16.3.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.4 END USE
16.4.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.5 KEY COUNTRIES
16.5.1 MARKET SNAPSHOT & GROWTH ENGINE 2021−2027 (VALUE)
16.5.2 MARKET SNAPSHOT & GROWTH ENGINE 2021−2027 (VOLUME)
16.6 CHINA
16.6.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.7 INDIA
16.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.8 JAPAN
16.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.9 SOUTH KOREA
16.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.10 INDONESIA
16.10.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
16.11 REST OF APAC
16.11.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17 EUROPE
17.1 MARKET OVERVIEW
17.2 MARKET SIZE & FORECAST
17.2.1 BY VALUE
17.2.2 BY VOLUME
17.3 TYPE
17.3.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.4 END USE
17.4.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.5 KEY COUNTRIES
17.5.1 MARKET SNAPSHOT & GROWTH ENGINE (VALUE)
17.5.2 MARKET SNAPSHOT & GROWTH ENGINE (VOLUME)
17.6 GERMANY
17.6.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.7 UK
17.7.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.8 FRANCE
17.8.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.9 SPAIN
17.9.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.10 ITALY
17.10.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
17.11 REST OF EUROPE
17.11.1 MARKET SIZE & FORECAST (VALUE & VOLUME)
18 REST OF THE WORLD
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.2.1 BY VALUE
18.2.2 BY VOLUME
18.3 TYPE
18.3.1 MARKET SIZE & FORECAST (VALUE & VOLUNE)
18.4 END USE
18.4.1 MARKET SIZE & FORECAST (VALUE & VOLUNE)
19 COMPETITIVE LANDSCAPE
19.1 COMPETITION OVERVIEW
20 KEY COMPANY PROFILES
20.1 BRITISH PETROLEUM
20.1.1 BUSINESS OVERVIEW
20.1.2 BRITISH PETROLEUM IN POLYALPHAOLEFIN MARKET
20.1.3 PRODUCT OFFERINGS
20.1.4 KEY STRATEGIES
20.1.5 KEY STRENGTHS
20.1.6 KEY OPPORTUNITIES
20.2 CHEVRON CORPORATION
20.2.1 BUSINESS OVERVIEW
20.2.2 CHEVRON CORPORATION IN POLYALPHAOLEFIN MARKET
20.2.3 PRODUCT OFFERINGS
20.2.4 KEY STRATEGIES
20.2.5 KEY STRENGTHS
20.2.6 KEY OPPORTUNITIES
20.3 EXXON MOBIL CORPORATION
20.3.1 BUSINESS OVERVIEW
20.3.2 EXXON MOBIL CORPORATION IN POLYALPHAOLEFIN MARKET
20.3.3 PRODUCT OFFERINGS
20.3.4 KEY STRATEGIES
20.3.5 KEY STRENGTHS
20.3.6 KEY OPPORTUNITIES
20.4 INEOS
20.4.1 BUSINESS OVERVIEW
20.4.2 INEOS IN POLYALPHAOLEFIN MARKET
20.4.3 PRODUCT OFFERINGS
20.4.4 KEY STRATEGIES
20.4.5 KEY STRENGTHS
20.4.6 KEY OPPORTUNITIES
20.5 SHELL
20.5.1 BUSINESS OVERVIEW
20.5.2 SHELL IN POLYALPHAOLEFIN MARKET
20.5.3 PRODUCT OFFERINGS
20.5.4 KEY STRATEGIES
20.5.5 KEY STRENGTHS
20.5.6 KEY OPPORTUNITIES
21 OTHER PROMINENT VENDORS
21.1 ADDINOL
21.1.1 BUSINESS OVERVIEW
21.1.2 PRODUCT OFFERING
21.2 CRODA INTERNATIONAL
21.2.1 BUSINESS OVERVIEW
21.2.2 PRODUCT OFFERINGS
21.3 CHEMTURA
21.3.1 BUSINESS OVERVIEW
21.3.2 PRODUCT OFFERING
21.4 ENI
21.4.1 BUSINESS OVERVIEW
21.4.2 PRODUCT OFFERING
21.5 FUCHS
21.5.1 BUSINESS OVERVIEW
21.5.2 PRODUCT OFFERINGS
21.6 IDEMITSU KOSAN
21.6.1 BUSINESS OVERVIEW
21.6.2 PRODUCT OFFERINGS
21.7 LIQUI MOLY
21.7.1 BUSINESS OVERVIEW
21.7.2 PRODUCT OFFERING
21.8 LUKOIL
21.8.1 BUSINESS OVERVIEW
21.8.2 PRODUCT OFFERINGS
21.9 LUBRICON
21.9.1 BUSINESS OVERVIEW
21.9.2 PRODUCT OFFERINGS
21.10 LABDHI CHEMICALS
21.10.1 BUSINESS OVERVIEW
21.10.2 PRODUCT OFFERING
21.11 MITSUI CHEMICALS
21.11.1 BUSINESS OVERVIEW
21.11.2 PRODUCT OFFERINGS
21.12 NACO SYNTHETICS
21.12.1 BUSINESS OVERVIEW
21.12.2 PRODUCT OFFERINGS
21.13 NOVVI
21.13.1 BUSINESS OVERVIEW
21.13.2 PRODUCT OFFERINGS
21.14 PETRO-CANADA
21.14.1 BUSINESS OVERVIEW
21.14.2 PRODUCT OFFERINGS
21.15 PENRITE OIL
21.15.1 BUSINESS OVERVIEW
21.15.2 PRODUCT OFFERINGS
21.16 PEAK LUBRICANTS
21.16.1 BUSINESS OVERVIEW
21.16.2 PRODUCT OFFERINGS
21.17 SHANGHAI FOX CHEMICAL TECHNOLOGY
21.17.1 BUSINESS OVERVIEW
21.17.2 PRODUCT OFFERINGS
21.18 SASOL
21.18.1 BUSINESS OVERVIEW
21.18.2 PRODUCT OFFERINGS
21.19 TULSTAR PRODUCTS
21.19.1 BUSINESS OVERVIEW
21.19.2 PRODUCT OFFERINGS
21.20 VALERO
21.20.1 BUSINESS OVERVIEW
21.20.2 PRODUCT OFFERINGS
22 REPORT SUMMARY
22.1 KEY TAKEAWAYS
22.2 STRATEGIC RECOMMENDATIONS
23 QUANTITATIVE SUMMARY
23.1 TYPE
23.1.1 HIGH VISCOSITY
23.1.2 LOW VISCOSITY
23.1.3 MEDIUM VISCOSITY
23.2 END-USE
23.2.1 AUTOMOTIVE
23.2.2 INDUSTRIAL
23.2.3 OTHERS
24 GEOGRAPHY
24.1 NORTH AMERICA
24.1.1 TYPE
24.1.2 END USE
24.2 EUROPE
24.2.1 TYPE
24.2.2 END USE
24.3 APAC
24.3.1 TYPE
24.3.2 END USE
24.4 REST OF WORLD
24.4.1 TYPE
24.4.2 END USE
25 APPENDIX
25.1 ABBREVIATIONS
Select a license type that suits your business needs
Single User Licence
- Report accessible by one user only
- Free 10% or 3 days of customization
- Free post-sale service assistance
- Continuous support through email
5 User Licence
- Report accessible by 5 users within the organization
- Free 15% or 4.5 days of customization
- Continuous support through email and telephone
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Corporate Licence
- Free Datasheet worth $1500
- Report accessible by the entire organization
- Free 20% or 6 days of customization
- Free post-sale service assistance
- Continuous support through email and telephone
- Direct access to lead analysts
- Free analyst hour
- Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
Datasheet Licence
- Report accessible by 1 user only
- Free 15% or 32 hours of customization
- Free post-sale service assistance
- Direct access to lead analysts
Frequently Asked Questions
What will be the size of the global poly alpha olefin market by 2027?
What are the latest trends in the poly alpha olefin market?
Who are the key players in the PAO market?
What is Poly Alpha Olefin (PAO)?
Other RELATED Reports
Group II & III Base Oil Market - Global Outlook & Forecast 2022-2027
Published : April 2022