Europe Poly Alpha Olefin (pao) Market Size & Outlook

The poly alpha olefin (pao) market in Europe is expected to reach a projected revenue of US$ 326.3 million by 2030. A compound annual growth rate of 2.1% is expected of Europe poly alpha olefin (pao) market from 2024 to 2030.
Revenue, 2023 (US$M)
$281.2
Forecast, 2030 (US$M)
$326.3
CAGR, 2024 - 2030
2.1%
Report Coverage
Europe

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

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

Europe poly alpha olefin (pao) market highlights

  • The Europe poly alpha olefin (pao) market generated a revenue of USD 281.2 million in 2023.
  • The market is expected to grow at a CAGR of 2.1% from 2024 to 2030.
  • In terms of segment, automotive lubricants was the largest revenue generating end use in 2023.
  • Automotive Lubricants is the most lucrative end use segment registering the fastest growth during the forecast period.


Europe data book summary

Market revenue in 2023USD 281.2 million
Market revenue in 2030USD 326.3 million
Growth rate2.1% (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
Key market players worldwideExxon Mobil Corp, INEOS, Chevron Phillips Chemical, PetroChina Co Ltd Class H, Lanxess AG


Other key industry trends

  • In terms of revenue, Europe region accounted for 19.0% of the global poly alpha olefin (pao) market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 817.3 million by 2030.

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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

Europe 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 Europe poly alpha olefin (pao) market based on automotive lubricants covering the revenue growth of each sub-segment from 2018 to 2030.


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

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