Poly alpha olefin (PAO) is colorless liquids with well-defined, wax-free isoparaffinic structures. Poly alpha olefins have a complex branched structure with an olefin bond in the alpha position of one of the branches. Hydrogenated poly alpha olefins have olefin-carbons saturated with hydrogen, which lends excellent thermal stability to the molecule. It is widely used in automotive and industrial fields
Nowadays, there are three mainly types of Poly Alpha Olefin (PAO), including Low viscosity PAO, Medium viscosity PAO and High viscosity PAO. And Low viscosity PAO is the main type for Poly Alpha Olefin (PAO), and the Low viscosity PAO reached a sales volume of approximately 493881 MT in 2017, with 82.15% of global sales volume. On the basis of oPAO, the oPAO market is primarily split into mPAO 65, mPAO 100, mPAO 150, mPAO 300 and Others. And mPAO 100 is main type for mPAO, and the mPAO 100 reached a sales volume of approximately 32009 MT in 2017, with 48.81% of global mPAO sales volume.
There are obvious difference manufacturing process between China and foreign manufacturers in the manufacturing process of poly alpha olefin (PAO). It is mainly the olefin oligomerization method that in abroad, which can be strictly controlled during the reaction process. And it can obtain product with strong anti-oxidation characteristics. But in China, the production of poly alpha olefin (PAO) is mainly the petroleum cracking method, which products molecular weight has poor uniformity.
At present, Chemtura, ExxonMobil Chemical and Naco are the major players in the producing of high viscosity PAO products. Other manufacturers’ products are mainly concentrated in low viscosity PAO, medium viscosity PAO fields. With the development the technology, most of the manufacturers will enter into the high viscosity PAO products fields.
The global Poly Alpha Olefin (PAO) market was 3690 million US$ in 2018 and is expected to 4260 million US$ by the end of 2025, growing at a CAGR of 2.1% between 2019 and 2025.
This report studies the Poly Alpha Olefin (PAO) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Poly Alpha Olefin (PAO) in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Chevron Phillips Chemical
By the product type, the market is primarily split into
Low Viscosity PAO
Medium Viscosity PAO
High Viscosity PAO
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Poly Alpha Olefin (PAO) market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Poly Alpha Olefin (PAO) market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Poly Alpha Olefin (PAO) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Poly Alpha Olefin (PAO) with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Poly Alpha Olefin (PAO) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Poly Alpha Olefin (PAO) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Poly Alpha Olefin (PAO) market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Poly Alpha Olefin (PAO) market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.