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

Description

List of Tables

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

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
3.2Key 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

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