LAMEA 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 Latin America, Middle East and Africa Polyalphaolefin Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 327.4 hundred Tonnes, showcasing a growth of 4.5% (2023-2030).

PAOs are used in textile processing as lubricants, antistatic agents, and softeners for synthetic fibers, yarns, and fabrics. They improve fiber handling, dyeing, weaving, and finishing processes, reducing friction, static electricity, and fabric stiffness while enhancing fabric drape, softness, and comfort. Furthermore, PAOs are utilized in renewable energy applications, including solar panels and wind turbines, as hydraulic fluids and lubricants for bearings, actuation systems, and turbine gears. They provide efficient power transmission, friction reduction, and component protection, contributing to reliable energy generation and sustainability initiatives.

Several emerging trends are shaping the polyalphaolefin market, reflecting technological advancements, evolving industry dynamics, and changing consumer preferences. For example, integrating digital technologies, data analytics, and predictive maintenance solutions in industrial operations creates opportunities to optimize lubricant performance, monitor equipment health, and enhance operational efficiency. PAO manufacturers offer clients real-time information, proactive maintenance advice, value-added services using digital platforms, Internet of Things (IoT) gadgets, and predictive analytics.

Brazil's growing renewable energy industry is expected to increase demand for lubricants, particularly PAOs, due to large expenditures in the country's energy infrastructure. As per the data released in 2023 by the International Trade Administration (ITA), the renewable energy sector accounts for 83% of the Brazilian electricity matrix, while the global average is around 25%. Thus, the high oil production and expansion of the region's renewable energy sector are propelling the market's growth.

The Brazil market dominated the LAMEA Polyalphaolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $52.5 Million by 2030. The Argentina market is showcasing a CAGR of 5.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 3.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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

LAMEA 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)

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1LAMEA Polyalphaolefin Market, by Type
- 1.4.2LAMEA Polyalphaolefin Market, by Application
- 1.4.3LAMEA 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.LAMEA Polyalphaolefin Market by Type

4.1LAMEA High Viscosity Market by Country
4.2LAMEA Medium Viscosity Market by Country
4.3LAMEA Low Viscosity Market by Country

Chapter 5.LAMEA Polyalphaolefin Market by Application

5.1LAMEA Engine Oil Market by Country
5.2LAMEA Gear Oil Market by Country
5.3LAMEA Compressor Oil Market by Country
5.4LAMEA Grease Market by Country
5.5LAMEA Others Market by Country

Chapter 6.LAMEA Polyalphaolefin Market by Country

6.1Brazil Polyalphaolefin Market
- 6.1.1Brazil Polyalphaolefin Market by Type
- 6.1.2Brazil Polyalphaolefin Market by Application
6.2Argentina Polyalphaolefin Market
- 6.2.1Argentina Polyalphaolefin Market by Type
- 6.2.2Argentina Polyalphaolefin Market by Application
6.3UAE Polyalphaolefin Market
- 6.3.1UAE Polyalphaolefin Market by Type
- 6.3.2UAE Polyalphaolefin Market by Application
6.4Saudi Arabia Polyalphaolefin Market
- 6.4.1Saudi Arabia Polyalphaolefin Market by Type
- 6.4.2Saudi Arabia Polyalphaolefin Market by Application
6.5South Africa Polyalphaolefin Market
- 6.5.1South Africa Polyalphaolefin Market by Type
- 6.5.2South Africa Polyalphaolefin Market by Application
6.6Nigeria Polyalphaolefin Market
- 6.6.1Nigeria Polyalphaolefin Market by Type
- 6.6.2Nigeria Polyalphaolefin Market by Application
6.7Rest of LAMEA Polyalphaolefin Market
- 6.7.1Rest of LAMEA Polyalphaolefin Market by Type
- 6.7.2Rest of LAMEA 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 1LAMEA Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 2LAMEA Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 3LAMEA Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 4LAMEA Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 5LAMEA Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 6LAMEA Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 7LAMEA Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 8LAMEA Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 9LAMEA High Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 10LAMEA High Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 11LAMEA High Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12LAMEA High Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13LAMEA Medium Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 14LAMEA Medium Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 15LAMEA Medium Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16LAMEA Medium Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17LAMEA Low Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 18LAMEA Low Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 19LAMEA Low Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20LAMEA Low Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21LAMEA Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 22LAMEA Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 23LAMEA Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 24LAMEA Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 25LAMEA Engine Oil Market by Country, 2019 - 2022, USD Million
TABLE 26LAMEA Engine Oil Market by Country, 2023 - 2030, USD Million
TABLE 27LAMEA Engine Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28LAMEA Engine Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29LAMEA Gear Oil Market by Country, 2019 - 2022, USD Million
TABLE 30LAMEA Gear Oil Market by Country, 2023 - 2030, USD Million
TABLE 31LAMEA Gear Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32LAMEA Gear Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33LAMEA Compressor Oil Market by Country, 2019 - 2022, USD Million
TABLE 34LAMEA Compressor Oil Market by Country, 2023 - 2030, USD Million
TABLE 35LAMEA Compressor Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36LAMEA Compressor Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37LAMEA Grease Market by Country, 2019 - 2022, USD Million
TABLE 38LAMEA Grease Market by Country, 2023 - 2030, USD Million
TABLE 39LAMEA Grease Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40LAMEA Grease Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 43LAMEA Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 44LAMEA Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 45LAMEA Polyalphaolefin Market by Country, 2019 - 2022, USD Million
TABLE 46LAMEA Polyalphaolefin Market by Country, 2023 - 2030, USD Million
TABLE 47LAMEA Polyalphaolefin Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 48LAMEA Polyalphaolefin Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 49Brazil Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 50Brazil Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 51Brazil Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 52Brazil Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 53Brazil Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 54Brazil Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 55Brazil Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 56Brazil Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 57Brazil Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 58Brazil Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 59Brazil Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 60Brazil Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 61Argentina Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 62Argentina Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 63Argentina Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 64Argentina Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 65Argentina Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 66Argentina Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 67Argentina Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 68Argentina Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 69Argentina Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 70Argentina Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 71Argentina Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72Argentina Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73UAE Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 74UAE Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 75UAE Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 76UAE Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 77UAE Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 78UAE Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 79UAE Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 80UAE Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 81UAE Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 82UAE Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 83UAE Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 84UAE Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 85Saudi Arabia Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 86Saudi Arabia Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 87Saudi Arabia Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 88Saudi Arabia Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 89Saudi Arabia Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 90Saudi Arabia Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 91Saudi Arabia Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 92Saudi Arabia Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 93Saudi Arabia Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 94Saudi Arabia Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 95Saudi Arabia Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96Saudi Arabia Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 97South Africa Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 98South Africa Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 99South Africa Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 100South Africa Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 101South Africa Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 102South Africa Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 103South Africa Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 104South Africa Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 105South Africa Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 106South Africa Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 107South Africa Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 108South Africa Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 109Nigeria Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 110Nigeria Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 111Nigeria Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 112Nigeria Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 113Nigeria Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 114Nigeria Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 115Nigeria Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 116Nigeria Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 117Nigeria Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 118Nigeria Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 119Nigeria Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 120Nigeria Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 121Rest of LAMEA Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 122Rest of LAMEA Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 123Rest of LAMEA Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 124Rest of LAMEA Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 125Rest of LAMEA Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 126Rest of LAMEA Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 127Rest of LAMEA Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 128Rest of LAMEA Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 129Rest of LAMEA Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 130Rest of LAMEA Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 131Rest of LAMEA Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 132Rest of LAMEA 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

LAMEA 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