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Poly Alpha Olefin (PAO) Market - Global Outlook & Forecast 2022-2027

Publisher Arizton Advisory and Intelligence
Published Apr 14, 2022
Length 222 Pages
SKU # ARZ17095719

Description

Poly Alpha Olefin (PAO) Market - Global Outlook & Forecast 2022-2027

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Poly Alpha Olefin (PAO) Market Report

Arizton’s 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.

The global poly alpha olefin market is expected to grow at a CAGR of 4% during 2022-2027

KEY HIGHLIGHTS
  • The major factor driving the growth of the market is the increasing demand for better performance engine oils that result in lower CO2 emissions and higher-performing lubricants for industrial equipment.
  • However, being a synthetic base oil, it faces a major threat from bio-based lubricants, which are experiencing rapid growth.
  • Europe dominated the global polyalphaolefin market with a share of around 42.71% in terms of revenue in 2021. The region is expected to witness a significant CAGR of 4.32% by revenue.
MARKET OPPORTUNITIES AND TRENDS
  • Increasing Demand from Automotive Sector
  • Demand for Vehicles with Higher Fuel Economy
MARKET GROWTH ENABLERS
  • Growing Demand from Electric Vehicles
GLOBAL POLY ALPHA OLEFIN MARKET SEGMENTATION

Low viscosity PAOs accounted for the largest market share in the global polyalphaolefin market by type. This segment holds a 51.90% share and is expected to grow at a CAGR of 4.4% between 2021 and 2027.

Segmentation by Type
  • Low Viscosity
  • High Viscosity
  • Medium Viscosity
Segmentation by End-Use
  • Automotive
  • Industrial
  • Others
VENDOR LANDSCAPE

In APAC, China represents a lucrative growth opportunity owing to the booming automotive industry and strong presence of manufacturing facilities. In addition, low cost of production and availability of raw material at a cheaper cost attracts global players to set up their manufacturing base in China.

Key Vendors
  • British Petroleum
  • Exxon Mobil Corporation
  • Ineos
  • Shell
Other Prominent Vendors
  • Addinol
  • 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
GEOGRAPHICAL ANALYSIS
  • Europe dominated the global polyalphaolefin market with a share of around 42.71% in terms of revenue in 2021. The region is expected to witness a significant CAGR of 4.32% by revenue.
  • The prime factor supporting the growth of the European region is the well-established automotive industry that consumes a major chunk of polyalphaolefins.
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)
THE REPORT INCLUDES:

1. The Analysis of The Global Poly Alpha Olefin (PAO) Market Size and Growth Rate for The Forecast Period 2022-2027.

2. It Offers Comprehensive Insights into Current Industry Trends, Trend Forecast, And Growth Drivers About the Global Poly Alpha Olefin (PAO) Market.

3. The Report Provides the Latest Analysis of Market Share, Growth Drivers, Challenges, And Investment Opportunities.

4. It Offers a Complete Overview of Market Segments and The Regional Outlook of The Poly Alpha Olefin (PAO) Market.

5. The Report Offers a Detailed Overview of The Vendor Landscape, Competitive Analysis, And Critical Market Strategies to Gain Competitive Advantage.

Table of Contents

222 Pages
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

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