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PUBLISHER: KBV Research | PRODUCT CODE: 1450659
PUBLISHER: KBV Research | PRODUCT CODE: 1450659
Europe Polyalphaolefin Market Size, Share & Trends Analysis Report By Type (High Viscosity, Medium Viscosity, and Low Viscosity), By Application (Engine Oil, Gear Oil, Compressor Oil, Grease, and Others), By Country and Growth Forecast, 2023 - 2030
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The Europe Polyalphaolefin Market would witness market growth of 2.7% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1346.0 hundred Tonnes, showcasing a growth of 1.9% (2019-2022).
The automotive industry is one of the primary drivers propelling the demand for PAOs. With stringent regulations mandating improved fuel efficiency, reduced emissions, and enhanced engine durability, automakers, and manufacturers increasingly turn to PAOs to formulate lubricants that deliver superior performance under extreme conditions. PAOs offer enhanced protection against friction, wear, and corrosion, extending engine life, improving fuel economy, and minimizing environmental impact.
Beyond automotive applications, PAOs find widespread use in aerospace, industrial manufacturing, marine operations, renewable energy, and many other sectors. In aerospace, PAOs lubricate critical components of aircraft engines, hydraulic systems, and landing gears, ensuring smooth operation and reliability under high temperatures and pressures. Additionally, in industrial settings, PAOs are the lubricant of choice for heavy machinery, gearboxes, compressors, and hydraulic systems, providing exceptional wear protection, thermal stability, and oxidation resistance.
The expansion of the aerospace industry in the UK has the potential to drive economic growth, foster innovation, and enhance the country's competitiveness on the global stage. According to the International Trade Administration (ITA), in 2022, UK civil aerospace turnover totaled approximately $34.5 billion. In conclusion, the growing EV industry and expansion of the region's aerospace sector are driving the market's growth.
The Germany market dominated the Europe Polyalphaolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $202.3 Million by 2030. The UK market is exhibiting a CAGR of 2.4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 3.1% during (2023 - 2030).
Based on Type, the market is segmented into High Viscosity, Medium Viscosity, and Low Viscosity. Based on Application, the market is segmented into Engine Oil, Gear Oil, Compressor Oil, Grease, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- Chevron Phillips Chemical Company LLC
- INEOS Group Holdings S.A. (INEOS Oligomers)
- Mitsui Chemicals, Inc.
- Exxon Mobil Corporation
- Shell plc (Shell Chemical Ltd.)
- Tulstar Products, Inc.
- Shanghai NACO Lubrication Co., Ltd
- Lubricon Industries Canada Limited
- Idemitsu Kosan Co., Ltd.
- Lanxess AG
Europe Polyalphaolefin Market Report Segmentation
By Type (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- High Viscosity
- Medium Viscosity
- Low Viscosity
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- Engine Oil
- Gear Oil
- Compressor Oil
- Grease
- Others
- Civil Engineering & Archaeology
- Others
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1Europe Polyalphaolefin Market, by Type
- 1.4.2Europe Polyalphaolefin Market, by Application
- 1.4.3Europe Polyalphaolefin Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
- 3.3Porter's Five Forces Analysis
Chapter 4.Europe Polyalphaolefin Market by Type
- 4.1Europe High Viscosity Market by Country
- 4.2Europe Medium Viscosity Market by Country
- 4.3Europe Low Viscosity Market by Country
Chapter 5.Europe Polyalphaolefin Market by Application
- 5.1Europe Engine Oil Market by Country
- 5.2Europe Gear Oil Market by Country
- 5.3Europe Compressor Oil Market by Country
- 5.4Europe Grease Market by Country
- 5.5Europe Others Market by Country
Chapter 6.Europe Polyalphaolefin Market by Country
- 6.1Germany Polyalphaolefin Market
- 6.1.1Germany Polyalphaolefin Market by Type
- 6.1.2Germany Polyalphaolefin Market by Application
- 6.2UK Polyalphaolefin Market
- 6.2.1UK Polyalphaolefin Market by Type
- 6.2.2UK Polyalphaolefin Market by Application
- 6.3France Polyalphaolefin Market
- 6.3.1France Polyalphaolefin Market by Type
- 6.3.2France Polyalphaolefin Market by Application
- 6.4Russia Polyalphaolefin Market
- 6.4.1Russia Polyalphaolefin Market by Type
- 6.4.2Russia Polyalphaolefin Market by Application
- 6.5Spain Polyalphaolefin Market
- 6.5.1Spain Polyalphaolefin Market by Type
- 6.5.2Spain Polyalphaolefin Market by Application
- 6.6Italy Polyalphaolefin Market
- 6.6.1Italy Polyalphaolefin Market by Type
- 6.6.2Italy Polyalphaolefin Market by Application
- 6.7Rest of Europe Polyalphaolefin Market
- 6.7.1Rest of Europe Polyalphaolefin Market by Type
- 6.7.2Rest of Europe Polyalphaolefin Market by Application
Chapter 7.Company Profiles
- 7.1Chevron Phillips Chemical Company LLC
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Recent strategies and developments:
- 7.1.3.1Geographical Expansions & Business Expansion:
- 7.1.4SWOT Analysis
- 7.2INEOS Group Holdings S.A. (INEOS Oligomers)
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Segmental and Regional Analysis
- 7.2.4Recent strategies and developments:
- 7.2.4.1Geographical Expansions:
- 7.2.5SWOT Analysis
- 7.3Mitsui Chemicals, Inc.
- 7.3.1Company Overview
- 7.3.2Financial Analysis
- 7.3.3Segmental and Regional Analysis
- 7.3.4Research & Development Expenses
- 7.3.5SWOT Analysis
- 7.4Exxon Mobil Corporation
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Segmental and Regional Analysis
- 7.4.4Research & Development Expenses
- 7.4.5Recent strategies and developments:
- 7.4.5.1Product Launches and Product Expansions:
- 7.4.5.2Geographical Expansions & Business Expansion:
- 7.4.6SWOT Analysis
- 7.5Shell plc (Shell Chemical Ltd.)
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Research & Development Expenses
- 7.5.5Recent strategies and developments:
- 7.5.5.1Partnerships, Collaborations, and Agreements:
- 7.5.5.2Acquisition and Mergers:
- 7.5.6SWOT Analysis
- 7.6Tulstar Products, Inc.
- 7.6.1Company Overview
- 7.7Shanghai NACO Lubrication Co., Ltd
- 7.7.1Company Overview
- 7.8Lubricon Industries Canada Limited
- 7.8.1Company Overview
- 7.9Idemitsu Kosan Co., Ltd.
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.9.4Research & Development Expenses
- 7.9.5SWOT Analysis
- 7.10.Lanxess AG
- 7.10.1Company Overview
- 7.10.2Financial Analysis
- 7.10.3Segmental and Regional Analysis
- 7.10.4Research & Development Expenses
- 7.10.5SWOT Analysis
LIST OF TABLES
- TABLE 1Europe Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 2Europe Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 3Europe Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 4Europe Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 5Europe Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 6Europe Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 7Europe Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 8Europe Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 9Europe High Viscosity Market by Country, 2019 - 2022, USD Million
- TABLE 10Europe High Viscosity Market by Country, 2023 - 2030, USD Million
- TABLE 11Europe High Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 12Europe High Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 13Europe Medium Viscosity Market by Country, 2019 - 2022, USD Million
- TABLE 14Europe Medium Viscosity Market by Country, 2023 - 2030, USD Million
- TABLE 15Europe Medium Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 16Europe Medium Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 17Europe Low Viscosity Market by Country, 2019 - 2022, USD Million
- TABLE 18Europe Low Viscosity Market by Country, 2023 - 2030, USD Million
- TABLE 19Europe Low Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 20Europe Low Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 21Europe Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 22Europe Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 23Europe Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 24Europe Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 25Europe Engine Oil Market by Country, 2019 - 2022, USD Million
- TABLE 26Europe Engine Oil Market by Country, 2023 - 2030, USD Million
- TABLE 27Europe Engine Oil Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 28Europe Engine Oil Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 29Europe Gear Oil Market by Country, 2019 - 2022, USD Million
- TABLE 30Europe Gear Oil Market by Country, 2023 - 2030, USD Million
- TABLE 31Europe Gear Oil Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 32Europe Gear Oil Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 33Europe Compressor Oil Market by Country, 2019 - 2022, USD Million
- TABLE 34Europe Compressor Oil Market by Country, 2023 - 2030, USD Million
- TABLE 35Europe Compressor Oil Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 36Europe Compressor Oil Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 37Europe Grease Market by Country, 2019 - 2022, USD Million
- TABLE 38Europe Grease Market by Country, 2023 - 2030, USD Million
- TABLE 39Europe Grease Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 40Europe Grease Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 41Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 42Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 43Europe Others Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 44Europe Others Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 45Europe Polyalphaolefin Market by Country, 2019 - 2022, USD Million
- TABLE 46Europe Polyalphaolefin Market by Country, 2023 - 2030, USD Million
- TABLE 47Europe Polyalphaolefin Market by Country, 2019 - 2022, Hundred Tonnes
- TABLE 48Europe Polyalphaolefin Market by Country, 2023 - 2030, Hundred Tonnes
- TABLE 49Germany Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 50Germany Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 51Germany Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 52Germany Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 53Germany Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 54Germany Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 55Germany Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 56Germany Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 57Germany Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 58Germany Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 59Germany Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 60Germany Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 61UK Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 62UK Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 63UK Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 64UK Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 65UK Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 66UK Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 67UK Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 68UK Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 69UK Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 70UK Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 71UK Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 72UK Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 73France Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 74France Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 75France Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 76France Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 77France Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 78France Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 79France Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 80France Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 81France Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 82France Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 83France Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 84France Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 85Russia Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 86Russia Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 87Russia Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 88Russia Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 89Russia Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 90Russia Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 91Russia Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 92Russia Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 93Russia Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 94Russia Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 95Russia Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 96Russia Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 97Spain Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 98Spain Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 99Spain Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 100Spain Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 101Spain Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 102Spain Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 103Spain Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 104Spain Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 105Spain Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 106Spain Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 107Spain Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 108Spain Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 109Italy Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 110Italy Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 111Italy Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 112Italy Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 113Italy Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 114Italy Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 115Italy Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 116Italy Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 117Italy Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 118Italy Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 119Italy Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 120Italy Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 121Rest of Europe Polyalphaolefin Market, 2019 - 2022, USD Million
- TABLE 122Rest of Europe Polyalphaolefin Market, 2023 - 2030, USD Million
- TABLE 123Rest of Europe Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
- TABLE 124Rest of Europe Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
- TABLE 125Rest of Europe Polyalphaolefin Market by Type, 2019 - 2022, USD Million
- TABLE 126Rest of Europe Polyalphaolefin Market by Type, 2023 - 2030, USD Million
- TABLE 127Rest of Europe Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
- TABLE 128Rest of Europe Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
- TABLE 129Rest of Europe Polyalphaolefin Market by Application, 2019 - 2022, USD Million
- TABLE 130Rest of Europe Polyalphaolefin Market by Application, 2023 - 2030, USD Million
- TABLE 131Rest of Europe Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
- TABLE 132Rest of Europe Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
- TABLE 133Key Information - Chevron Phillips Chemical Company LLC
- TABLE 134Key Information - INEOS Group Holdings S.A.
- TABLE 135Key Information - Mitsui Chemicals, Inc.
- TABLE 136Key Information - Exxon Mobil Corporation
- TABLE 137Key Information - Shell plc
- TABLE 138Key Information - Tulstar Products, Inc.
- TABLE 139Key Information - Shanghai NACO Lubrication Co., Ltd
- TABLE 140Key Information - Lubricon Industries Canada Limited
- TABLE 141Key Information - Idemitsu Kosan Co., Ltd.
- TABLE 142Key Information - Lanxess AG
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