Global Poly Alpha Olefin (pao) Market Size & Outlook

The poly alpha olefin (pao) industry worldwide is expected to reach a projected revenue of US$ 1,800.6 million by 2030. A compound annual growth rate of 2.8% is expected of the worldwide poly alpha olefin (pao) industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,480.0
Forecast, 2030 (US$M)
$1,800.6
CAGR, 2024 - 2030
2.8%
Report Coverage
Worldwide

Global poly alpha olefin (pao) market, 2018-2030 (US$M)

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Global poly alpha olefin (pao) market highlights

  • The global poly alpha olefin (pao) market generated a revenue of USD 1,480.0 million in 2023 and is expected to reach USD 1,800.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.8% by 2030.
  • In terms of segment, automotive lubricants accounted for a revenue of USD 1,480.0 million in 2023.
  • Automotive Lubricants is the most lucrative end use segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 1,480.0 million
Market revenue in 2030USD 1,800.6 million
Growth rate2.8% (CAGR from 2024 to 2030)
Largest segmentAutomotive lubricants
Fastest growing segmentAutomotive Lubricants
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAutomotive Lubricants

Other key industry trends

  • In terms of revenue, the North America accounted for 22.5% of the global poly alpha olefin (pao) market in 2023.

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Poly Alpha Olefin (PAO) Market Scope

Poly alpha olefin (pao) market segmentation & scope
Industrial Lubricants
Aerospace Lubricants
Others
Countries
U.S.
Canada
Mexico
Germany
France
Sweden
Poland
Hungary
China
India
Japan
Brazil
Saudi Arabia

Poly Alpha Olefin (PAO) Market Companies

Name Profile # Employees HQ Website

Global poly alpha olefin (pao) market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to poly alpha olefin (pao) market will help companies and investors design strategic landscapes.


Automotive lubricants was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global poly alpha olefin (pao) market based on automotive lubricants covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Poly Alpha Olefin (PAO) End Use Outlook (Revenue, USD Million, 2018-2030)
    • Automotive Lubricants
    • Industrial Lubricants
    • Aerospace Lubricants
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global poly alpha olefin (pao) market , including forecasts for subscribers. This global databook contains high-level insights into Global poly alpha olefin (pao) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global poly alpha olefin (pao) market size, by regions, 2018-2030 (US$M)

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