Poly Alpha Olefin (PAO) Market growth outlook with industry review and forecast 2019-2025 - PowerPoint PPT Presentation

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Poly Alpha Olefin (PAO) Market growth outlook with industry review and forecast 2019-2025

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An outlook Poly Alpha Olefin (PAO) Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

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Title: Poly Alpha Olefin (PAO) Market growth outlook with industry review and forecast 2019-2025


1
Poly Alpha Olefins (PAO) Market Growth Outlook
with Industry Review and Forecast 2019-2025
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2
Global Market Scenario of Poly Alpha Olefins
(PAO) Industry
  • Automotive OEMs are also recognising benefits of
    Poly Alpha Olefins (PAO) in terms of improving
    engine efficiency and reducing emissions
    contributing in its growing automobile
    applications. Major factors for suitability of
    PAOs in automobile industry include controlled
    structure, absence of lighter more volatile
    (small) hydrocarbons results in lower volatility,
    less hydrocarbon tailpipe emissions and raise in
    a flash point anticipating to propel poly alpha
    olefins market size.
  • Poly Alpha Olefin(PAO) are extensively used in
    combination with lower viscosity fluids like
    mineral oils, to achieve wide range of industrial
    lubricants and greases which can be used under
    severe operating conditions stimulating its
    demand. It forms a very non-polar base oil with a
    high viscosity index (of approximately 130),
    excellent low-temperature flow and pour-point
    characteristics because of the absence of ring
    structures, double bonds, sulphur, nitrogen
    components or waxy hydrocarbons.
  • POA based biodegradable hydraulic fluids are also
    gaining the global importance encouraging its
    utilisation in regional industries. Stringent
    regulations in Europe pertaining to use of
    biodegradable oils under the policies of White
    Swan Scheme and Blue Angel Scheme, supports
    consumption of biodegradable oils, and
    anticipates to drive demand in regional industry.
  • Poly Alpha Olefin (PAO) in market of synthetic
    lubricants holds major market share compared to
    alternatives namely Esters, PAG and Group III
    (Hydro Cracking). Owing to its physical
    chemical properties like high viscosity index,
    lower pour point, low volatility, and better
    thermal stability, PAO should drive industry
    growth during the projected timeframe.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
  • Regional Trends-
  • North America driven by Canada and the U.S., POA
    market accounted 30 and above of global revenue
    and is anticipated to register significant gains.
    Rise of shale oil gas production in the region
    owing to advent of extraction technology,
    ethylene production is anticipated to increase,
    indirectly fuelling Poly Alpha Olefin (PAO)
    market demand during forecast period as ethylene
    being essential raw material in Poly Alpha Olefin
    (PAO) production.
  • Europe driven by U.K., France, and Germany, is
    anticipated to grow steadily followed by North
    America, up to 2024. Growth in Europe can be
    attributed to regulations regarding use of
    biodegradable oils, White Swan Scheme and Blue
    Angel Scheme, respectively. The policy promotes
    consumption of oils with biodegradable base,
    leading to increasing opportunities for regional
    industry growth.
  • Asia Pacific driven by India, Japan and China,
    Poly Alpha Olefin (PAO) market size may grow
    significantly over the forecast period. Asia
    Pacific accounted for over 12 of the total
    market volume in 2015 and is estimated to be
    fastest growing regional market owing to rapidly
    driven automotive and OEM industry which is
    experiencing a shift from mineral to synthetic
    based lubricants.
  • Ensuring continuous raw material supply for alpha
    olefins production in Russia and the U.S. and
    increase in oil production in OPEC countries
    along with volatile nature of raw material prices
    will remain a key challenge for industry
    participants.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Market Research Reports Key Analytical Components
Request for a sample copy of this report _at_
https//bit.ly/39oFEt3
20189Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
  • Competitive Trends
  • Global Poly Alpha Olefin (PAO) market share is
    moderately fragmented with major players
    operating in this market include Shell Chemicals,
    Q-Chem., Chevron Phillips and Sasol. The
    companies plan to expand its production and reach
    through integration and by owning patented
    technologies to propel industry competitiveness.
    These industry players also integrate their
    operations over a value chain which includes raw
    materials production as well as supply and final
    products. Other participants include ExxonMobil
    Corp., INEOS Oligomers and Chevron Phillips a
    Chemical Company LP along with own patented
    technologies for poly alpha olefin production.

2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Latest Research Report On Poly Alpha Olefins
(PAO) Market_at_ https//bit.ly/37mNMIK Request
Sample Copy for this report _at_ https//bit.ly/39oFE
t3 Inquire Before Buying This
Report_at_ https//bit.ly/2ME3xDu
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
7
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2019 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
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