封面
市场调查报告书
商品编码
1572003

PAG基油的全球市场

PAG Base Oils

出版日期: | 出版商: Global Industry Analysts, Inc. | 英文 244 Pages | 商品交期: 最快1-2个工作天内

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简介目录

预计到 2030 年全球 PAG基油市场将达到 23 亿美元

PAG基油的全球市场预计2023年为18亿美元,预计到2030年将达到23亿美元,2023-2030年分析期间复合年增长率为3.8%。水溶性PAG油是本报告分析的细分市场之一,复合年增长率为3.4%,预计到分析期结束时将达到11亿美元。分析期间,水不溶性 PAG 油领域的复合年增长率预计为 4.1%。

美国市场预计为4.752亿美元,而中国预计复合年增长率为3.7%

预计2023年美国PAG基油市场规模为4.752亿美元。中国作为世界第二大经济体,预计2030年市场规模将达3.663亿美元,2023-2030年分析期间复合年增长率为3.7%。其他值得注意的区域市场包括日本和加拿大,预计在分析期间复合年增长率分别为 3.5% 和 3.0%。在欧洲,德国的复合年增长率预计为 3.9%。

全球 PAG基油市场 – 主要趋势与驱动因素总结

为什么PAG基油作为高性能润滑油的重要成分而受到关注?

聚亚烷基二醇(PAG)基油因其独特的化学性质、优异的润滑性和高热稳定性而成为高性能润滑油的重要组成部分。 PAG基油是由环氧乙烷和环氧丙烷聚合而成的合成油,与传统矿物油和聚α烯烃(PAO) 等合成基础油相比具有明显的优势。 PAG基油以其优异的黏度指数、高闪点以及优异的抗氧化和热劣化性能而闻名。这些特性使它们非常适合极端温度、高压和恶劣操作条件的应用,例如压缩机、齿轮系统和液压油。

PAG 分子固有的极性也赋予强大的润滑性能,减少运动部件的摩擦和磨损,延长机器寿命并提高运作效率。此外,PAG基油具有高水溶性,使其适用于关注水污染或环境法规要求生物分解性且无毒润滑剂的应用。汽车、航太、工业机械和冷冻等行业依靠 PAG 润滑剂在恶劣条件下提供可靠的性能。随着越来越多的产业继续寻求先进的润滑解决方案以提高能源效率、降低维护成本并延长设备寿命,对 PAG基油的需求预计将大幅成长。

技术进步如何改变 PAG基油市场?

技术进步正在推动新配方的开发、提高产品性能和扩大特殊润滑油的应用,从而改变 PAG基油市场。该领域最重要的创新之一是开发具有针对特定应用的客製化特性的 PAG基油。透过改变聚合过程中环氧乙烷与环氧丙烷的比例,製造商可以生产具有精确黏度、溶解度和热性能的 PAG基油,以满足各个行业的特定要求。这种配方灵活性使我们能够製造出在特定环境下表现最佳的润滑油,例如高温压缩机、工业齿轮系统以及移动和固定设备中使用的液压油。

另一个创新趋势是将先进的添加剂技术整合到 PAG基油中以提高性能。 PAG 配方中加入了抗磨剂、抗氧化剂和腐蚀抑制剂等添加剂,以提高耐用性和防护性能。例如,先进的抗磨添加剂可以防止齿轮和轴承的表面损坏,减少停机时间并延长设备寿命。抗氧化剂的添加提高了PAG油的热稳定性和抗氧化性,使其适合高温应用。使用针对性添加剂对 PAG基油进行改质的能力使得能够开发出在各种工业和汽车应用中具有卓越性能和效率的下一代润滑油。

人们对永续性和环境法规的兴趣日益浓厚,也推动了 PAG基油市场的创新。 PAG基油本质上可生物分解性且毒性低,使其成为传统矿物油和其他可能造成环境风险的合成润滑油的有吸引力的替代品。製造商正在投资研发,以创造符合严格环境标准的 PAG 配方,例如 REACH(化学品註册、评估、授权和限制)和欧洲生态标籤。在 PAG基油的生产中使用生物基原料正在取得进展,因为它进一步减少了这些产品对环境的影响,并支持产业促进永续性的努力。随着这些技术的不断发展,PAG基油变得更加通用、环保,能够满足现代工业和汽车润滑油的多样化需求。

环境法规和永续性目标在采用 PAG基油发挥什么作用?

环境法规和永续性目标在推动 PAG基油在寻求减少环境足迹并遵守法规要求的行业中采用方面发挥着至关重要的作用。 PAG基油以其优异的生物分解性和低毒性而闻名,使其适用于关注环境影响的应用。法规越来越多地要求在意外洩漏可能造成重大环境损害的领域(例如海洋、林业和农业)使用环保润滑油。 PAG基油符合美国环保署 (EPA) 和欧盟 (EU) 等监管机构制定的环保润滑剂 (EAL) 要求,我们的目标是在保持高性能润滑的同时实现合规性。一个有吸引力的选择。

对永续性的日益关注也影响了 PAG基油在汽车和工业应用中的采用。全球减少温室气体排放和提高能源效率的努力正在增加对有助于减少能源消耗和提高设备性能的润滑油的需求。基于 PAG 的润滑剂已被证明可以减少摩擦和磨损,从而降低机械和车辆的能源消耗和碳排放。在汽车应用中,PAG 油用作空调系统中的压缩机油,其高热稳定性和润滑性可提高系统效率并减少冷媒洩漏,使其成为提高燃油效率和排放气体的行业领先工具。

此外,在高温、高负载应用中使用 PAG基油有助于产业最大限度地减少润滑油消耗和浪费。其优异的氧化稳定性和热解性可延长保养週期,减少换油频率,并减少需要处理或回收的废油量。延长的油品寿命不仅降低了维护成本,也减少了油品处理对环境的影响。随着公司继续优先考虑永续性和法规遵循性,对兼具环境效益和高性能润滑功能的 PAG基油的需求预计将大幅增长。

推动PAG基油全球市场成长的因素有哪些?

PAG基油全球市场的成长受到多种因素的推动,包括对高性能润滑油的需求不断增加、对能源效率和永续性的日益关注以及工业应用的扩大。关键的成长要素之一是对高性能润滑油的需求不断增长,这些润滑油可以承受恶劣的条件并在各种工业和汽车环境中提供可靠的性能。 PAG基油越来越多地用于高温、高压和恶劣工作环境的应用,例如压缩机、液压系统和变速箱。它们能够提供出色的润滑性、出色的热稳定性和低挥发性,使其成为这些要求苛刻的应用的理想选择,支持它们在製造、汽车和发电等行业的采用。

对能源效率和永续性的日益关注也是市场成长的主要驱动力。基于 PAG 的润滑剂已被证明可以减少摩擦和磨损,从而提高机械和车辆的能源效率并降低碳排放。随着工业界努力降低能源消耗并尽量减少对环境的影响,PAG基油节能润滑油的使用正在蓬勃发展。此外,海洋、林业和农业应用中越来越多地采用环保润滑剂 (EAL) 也推动了对 PAG基油的需求。 PAG基油具有高度生物分解性且毒性低,适合在环境敏感的场所使用。 PAG基油可以在不牺牲性能的情况下支持永续性目标,使其成为寻求环境责任和营运效率之间平衡的公司的选择。

PAG基油工业应用的扩展也有助于市场成长。除了用于压缩机和齿轮系统外,PAG基油还用作金属加工中的淬火剂、製造设备中的液压油以及食品加工中的链条润滑剂。其独特的化学特性,例如高水溶性和优异的导热性,使其适用于传统油无法有效发挥作用的特殊应用。 PAG基油的多功能性支持其在各个行业的采用,并透过提供根据客户需求量身定制的润滑解决方案来扩大市场潜力。

此外,持续的研发 (R&D) 努力正在催生具有改进性能的新 PAG 配方。製造商正致力于开发具有更高热稳定性、抗氧化性以及与各种密封剂相容性的 PAG基油,使其适合在更恶劣的环境中使用。用于耐火液压液和环保金属加工液的水溶性 PAG 的开发正在为市场成长创造新的机会。这些进步扩大了 PAG基油的应用范围,引起了寻求创新润滑解决方案的行业的兴趣。

此外,PAG基油在汽车应用中的使用不断增加,特别是电动车 (EV) 和混合动力汽车,正在影响市场动态。 PAG 油因其高导热性、低摩擦特性以及与电气元件的兼容性而被用作电动车的变速箱油和冷却剂。电动车市场的成长正在创造对先进润滑油的新需求,这些润滑油可以支持电力传动系统的独特要求并有助于提高车辆的整体效率。随着汽车产业的不断发展和电动车需求的增加,PAG基油在汽车润滑油中的使用预计将会增加。

此外,新兴市场工业化和製造业活动成长的影响正在为 PAG基油市场创造新的机会。由于工业基础的扩大和基础设施的投资,亚太地区、拉丁美洲和中东国家对高性能润滑油的需求不断增加。这些地区采用 PAG基油得益于提高能源效率、降低维护成本和促进永续工业实践的努力。由于这些因素的综合作用,由于技术进步、工业应用的扩大以及各行业对能源效率和永续性的日益关注,PAG基油的全球市场有望强劲增长。

受访企业范例(共42例)

  • Denso Corporation
  • Exxon Mobil Corporation
  • Fuchs Petrolub SE
  • Hornett Bros & Co Ltd.
  • ILCSRL
  • Idemitsu Kosan Co., Ltd.
  • Morris Lubricants
  • Phillips 66 Company
  • Royal Dutch Shell PLC
  • TSI Supercool

目录

第一章调查方法

第 2 章执行摘要

  • 市场概况
  • 主要企业
  • 市场趋势和驱动因素
  • 全球市场展望

第三章市场分析

  • 美国
  • 加拿大
  • 日本
  • 中国
  • 欧洲
  • 法国
  • 德国
  • 义大利
  • 英国
  • 其他欧洲国家
  • 亚太地区
  • 其他领域

第四章 比赛

简介目录
Product Code: MCP16667

Global PAG Base Oils Market to Reach US$2.3 Billion by 2030

The global market for PAG Base Oils estimated at US$1.8 Billion in the year 2023, is expected to reach US$2.3 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2023-2030. Water Soluble PAG Oils, one of the segments analyzed in the report, is expected to record a 3.4% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Water Insoluble PAG Oils segment is estimated at 4.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$475.2 Million While China is Forecast to Grow at 3.7% CAGR

The PAG Base Oils market in the U.S. is estimated at US$475.2 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$366.3 Million by the year 2030 trailing a CAGR of 3.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.5% and 3.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Global PAG Base Oils Market - Key Trends & Drivers Summarized

Why Are PAG Base Oils Gaining Prominence as an Essential Component in High-Performance Lubricants?

Polyalkylene glycol (PAG) base oils are gaining prominence as an essential component in high-performance lubricants due to their unique chemical properties, exceptional lubricity, and high thermal stability. PAG base oils are synthetic oils derived from the polymerization of ethylene oxide and propylene oxide, and they offer distinct advantages over conventional mineral oils and other synthetic base oils like polyalphaolefins (PAOs). PAG base oils are known for their excellent viscosity index, high flash points, and superior resistance to oxidation and thermal degradation. These properties make them ideal for use in applications that involve extreme temperatures, high pressures, and harsh operating conditions, such as in compressors, gear systems, and hydraulic fluids.

The inherent polar nature of PAG molecules also imparts strong lubricating properties, reducing friction and wear in moving parts, which extends the life of machinery and improves operational efficiency. Additionally, PAG base oils exhibit high water solubility, making them a preferred choice for applications where water contamination is a concern or where environmental regulations require biodegradable and non-toxic lubricants. Industries such as automotive, aerospace, industrial machinery, and refrigeration rely on PAG-based lubricants for their ability to provide reliable performance under demanding conditions. As industries continue to seek advanced lubrication solutions that improve energy efficiency, reduce maintenance costs, and enhance equipment longevity, the demand for PAG base oils is expected to grow significantly.

How Are Technological Advancements Transforming the PAG Base Oils Market?

Technological advancements are transforming the PAG base oils market by enabling the development of new formulations, improving product performance, and expanding the range of applications for these specialty lubricants. One of the most significant innovations in this space is the development of customized PAG base oils with tailored properties for specific applications. By varying the ratios of ethylene oxide and propylene oxide during polymerization, manufacturers can create PAG base oils with precise viscosities, solubility characteristics, and thermal properties that meet the unique requirements of different industries. This flexibility in formulation allows for the creation of lubricants that offer optimal performance in specific environments, such as high-temperature compressors, industrial gear systems, and hydraulic fluids used in mobile and stationary equipment.

Another transformative trend is the integration of advanced additive technologies into PAG base oils to enhance their performance characteristics. Additives such as anti-wear agents, antioxidants, and corrosion inhibitors are being incorporated into PAG-based formulations to improve their durability and protective properties. For example, the use of advanced anti-wear additives helps prevent surface damage in gears and bearings, reducing downtime and extending equipment life. The addition of antioxidants improves the thermal stability and oxidation resistance of PAG oils, making them more suitable for high-temperature applications. The ability to modify PAG base oils with targeted additives is enabling the development of next-generation lubricants that deliver superior performance and efficiency in a wide range of industrial and automotive applications.

The growing focus on sustainability and environmental regulations is also driving innovation in the PAG base oils market. PAG base oils are inherently biodegradable and have low toxicity, making them an attractive alternative to conventional mineral oils and other synthetic lubricants that may pose environmental risks. Manufacturers are investing in research and development to create PAG formulations that comply with stringent environmental standards such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and the European Ecolabel. The use of bio-based raw materials in the production of PAG base oils is gaining traction, as it further reduces the environmental impact of these products and supports the industry’s efforts to promote sustainability. As these technologies continue to evolve, they are making PAG base oils more versatile, environmentally friendly, and capable of meeting the diverse needs of modern industrial and automotive lubrication applications.

What Role Do Environmental Regulations and Sustainability Goals Play in Driving the Adoption of PAG Base Oils?

Environmental regulations and sustainability goals are playing a pivotal role in driving the adoption of PAG base oils as industries seek to reduce their environmental footprint and comply with regulatory requirements. PAG base oils are known for their excellent biodegradability and low toxicity, making them a preferred choice for applications where environmental impact is a concern. In sectors such as marine, forestry, and agriculture, where accidental spills can cause significant environmental damage, the use of environmentally friendly lubricants is increasingly being mandated by regulations. PAG base oils meet the requirements of environmentally acceptable lubricants (EALs) as defined by regulatory bodies such as the U.S. Environmental Protection Agency (EPA) and the European Union, making them an attractive option for companies looking to achieve compliance while maintaining high-performance lubrication.

The rising focus on sustainability is also influencing the adoption of PAG base oils in automotive and industrial applications. With global initiatives to reduce greenhouse gas emissions and promote energy efficiency, there is growing demand for lubricants that can contribute to lower energy consumption and improved equipment performance. PAG-based lubricants have been shown to reduce friction and wear, leading to lower energy usage and reduced carbon emissions in machinery and vehicles. In automotive applications, PAG oils are used as compressor fluids in air conditioning systems, where their high thermal stability and lubricity improve system efficiency and reduce refrigerant leakage, supporting the industry’s efforts to improve fuel efficiency and reduce emissions.

Moreover, the use of PAG base oils in high-temperature and high-load applications is helping industries minimize lubricant consumption and waste. Their superior oxidative stability and resistance to thermal breakdown allow for longer service intervals, reducing the frequency of oil changes and the amount of used oil that needs to be disposed of or recycled. This extended oil life not only lowers maintenance costs but also reduces the environmental impact associated with oil disposal. As companies continue to prioritize sustainability and regulatory compliance, the demand for PAG base oils that offer both environmental benefits and high-performance lubrication is expected to grow significantly.

What Factors Are Driving the Growth of the Global PAG Base Oils Market?

The growth in the global PAG base oils market is driven by several factors, including the increasing demand for high-performance lubricants, the rising focus on energy efficiency and sustainability, and the expanding range of industrial applications. One of the primary growth drivers is the growing demand for high-performance lubricants that can withstand extreme conditions and provide reliable performance in a variety of industrial and automotive settings. PAG base oils are being increasingly used in applications that involve high temperatures, high pressures, and challenging operating environments, such as compressors, hydraulic systems, and gearboxes. Their ability to offer superior lubricity, excellent thermal stability, and low volatility makes them ideal for these demanding applications, supporting their adoption in industries such as manufacturing, automotive, and power generation.

The rising focus on energy efficiency and sustainability is another key factor contributing to market growth. PAG-based lubricants have been shown to reduce friction and wear, leading to improved energy efficiency and reduced carbon emissions in machinery and vehicles. As industries strive to lower their energy consumption and minimize their environmental impact, the use of energy-efficient lubricants such as PAG base oils is gaining momentum. In addition, the increasing adoption of environmentally acceptable lubricants (EALs) in marine, forestry, and agriculture applications is driving demand for PAG base oils, as they offer high biodegradability and low toxicity, making them suitable for use in environmentally sensitive areas. The ability of PAG base oils to support sustainability goals without compromising on performance is making them a preferred choice for companies seeking to balance environmental responsibility with operational efficiency.

The expanding range of industrial applications for PAG base oils is also contributing to market growth. In addition to their use in compressors and gear systems, PAG base oils are being used as quenchants in metalworking, as hydraulic fluids in manufacturing equipment, and as chain lubricants in food processing. Their unique chemical properties, such as high water solubility and excellent thermal conductivity, make them suitable for specialized applications where conventional oils may not perform as effectively. The versatility of PAG base oils in providing tailored lubrication solutions is supporting their adoption in a diverse range of industries and expanding their market potential.

Moreover, ongoing research and development (R&D) efforts are leading to the creation of new PAG formulations with enhanced performance characteristics. Manufacturers are focusing on developing PAG base oils with improved thermal stability, oxidation resistance, and compatibility with various seal materials, making them suitable for use in more challenging environments. The development of water-soluble PAGs for use in fire-resistant hydraulic fluids and environmentally friendly metalworking fluids is creating new opportunities for market growth. These advancements are helping expand the application scope of PAG base oils and attracting interest from industries looking for innovative lubrication solutions.

Additionally, the increasing use of PAG base oils in automotive applications, particularly in electric vehicles (EVs) and hybrid vehicles, is influencing market dynamics. PAG oils are being used as transmission fluids and cooling fluids in EVs due to their high thermal conductivity, low friction properties, and compatibility with electrical components. The growth of the EV market is creating new demand for advanced lubricants that can support the unique requirements of electric drivetrains and contribute to overall vehicle efficiency. As the automotive industry continues to evolve and the demand for EVs increases, the use of PAG base oils in automotive lubrication is expected to rise.

Furthermore, the impact of industrialization and the growth of manufacturing activities in emerging markets are creating new opportunities for the PAG base oils market. Countries in Asia-Pacific, Latin America, and the Middle East are witnessing increased demand for high-performance lubricants as they expand their industrial base and invest in infrastructure development. The adoption of PAG base oils in these regions is being supported by initiatives to improve energy efficiency, reduce maintenance costs, and promote sustainable industrial practices. As these factors converge, the global PAG base oils market is poised for robust growth, driven by technological advancements, expanding industrial applications, and the increasing emphasis on energy efficiency and sustainability across various sectors.

Select Competitors (Total 42 Featured) -

  • Denso Corporation
  • Exxon Mobil Corporation
  • Fuchs Petrolub SE
  • Hornett Bros & Co Ltd.
  • I.L.C. S.R.L.
  • Idemitsu Kosan Co., Ltd.
  • Morris Lubricants
  • Phillips 66 Company
  • Royal Dutch Shell PLC
  • TSI Supercool

TABLE OF CONTENTS

I. METHODOLOGY

II. EXECUTIVE SUMMARY

  • 1. MARKET OVERVIEW
    • Influencer Market Insights
    • World Market Trajectories
    • PAG Base Oils - Global Key Competitors Percentage Market Share in 2024 (E)
    • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • 2. FOCUS ON SELECT PLAYERS
  • 3. MARKET TRENDS & DRIVERS
    • Increasing Adoption of PAG Base Oils in Automotive and Industrial Applications Expands Addressable Market
    • Innovations in Synthetic Base Oil Formulations Strengthen Business Case for Market Growth
    • Case Overview: Growth in Use of PAG Base Oils in Compressors and Gear Lubrication Bodes Well for Market Expansion
    • Rising Focus on Enhancing Lubricant Efficiency and Thermal Stability Drives Market Adoption
    • Increasing Use of PAG Base Oils in Environmentally Friendly and Biodegradable Lubricants Expands Market Scope
    • Rising Adoption of PAG Base Oils in Metalworking and Hydraulic Fluids Expands Addressable Market
    • Technological Innovations in Water-Soluble and Water-Miscible PAG Base Oils Propel Market Adoption
    • Focus on Enhancing Corrosion Resistance and Oxidation Stability Drives Market Demand
    • Increasing Use of PAG Base Oils in Textile and Paper Machinery Lubrication Expands Market Scope
  • 4. GLOBAL MARKET PERSPECTIVE
    • TABLE 1: World PAG Base Oils Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
    • TABLE 2: World Recent Past, Current & Future Analysis for PAG Base Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 3: World Historic Review for PAG Base Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 4: World 16-Year Perspective for PAG Base Oils by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
    • TABLE 5: World Recent Past, Current & Future Analysis for Water Soluble PAG Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 6: World Historic Review for Water Soluble PAG Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 7: World 16-Year Perspective for Water Soluble PAG Oils by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 8: World Recent Past, Current & Future Analysis for Water Insoluble PAG Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 9: World Historic Review for Water Insoluble PAG Oils by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 10: World 16-Year Perspective for Water Insoluble PAG Oils by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 11: World Recent Past, Current & Future Analysis for Industrial Tooling and Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 12: World Historic Review for Industrial Tooling and Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 13: World 16-Year Perspective for Industrial Tooling and Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 14: World Recent Past, Current & Future Analysis for HVAC and Refrigeration Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 15: World Historic Review for HVAC and Refrigeration Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 16: World 16-Year Perspective for HVAC and Refrigeration Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
    • TABLE 17: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 18: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 19: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

  • UNITED STATES
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
    • TABLE 20: USA Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 21: USA Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 22: USA 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 23: USA Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 24: USA Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 25: USA 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • CANADA
    • TABLE 26: Canada Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 27: Canada Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 28: Canada 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 29: Canada Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 30: Canada Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 31: Canada 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • JAPAN
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
    • TABLE 32: Japan Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 33: Japan Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 34: Japan 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 35: Japan Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 36: Japan Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 37: Japan 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • CHINA
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
    • TABLE 38: China Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 39: China Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 40: China 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 41: China Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 42: China Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 43: China 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • EUROPE
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
    • TABLE 44: Europe Recent Past, Current & Future Analysis for PAG Base Oils by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
    • TABLE 45: Europe Historic Review for PAG Base Oils by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 46: Europe 16-Year Perspective for PAG Base Oils by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
    • TABLE 47: Europe Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 48: Europe Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 49: Europe 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 50: Europe Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 51: Europe Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 52: Europe 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • FRANCE
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
    • TABLE 53: France Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 54: France Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 55: France 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 56: France Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 57: France Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 58: France 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • GERMANY
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
    • TABLE 59: Germany Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 60: Germany Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 61: Germany 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 62: Germany Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 63: Germany Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 64: Germany 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • ITALY
    • TABLE 65: Italy Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 66: Italy Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 67: Italy 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 68: Italy Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 69: Italy Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 70: Italy 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • UNITED KINGDOM
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
    • TABLE 71: UK Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 72: UK Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 73: UK 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 74: UK Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 75: UK Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 76: UK 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • REST OF EUROPE
    • TABLE 77: Rest of Europe Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 78: Rest of Europe Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 79: Rest of Europe 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 80: Rest of Europe Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 81: Rest of Europe Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 82: Rest of Europe 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • ASIA-PACIFIC
    • PAG Base Oils Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
    • TABLE 83: Asia-Pacific Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 84: Asia-Pacific Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 85: Asia-Pacific 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 86: Asia-Pacific Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 87: Asia-Pacific Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 88: Asia-Pacific 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030
  • REST OF WORLD
    • TABLE 89: Rest of World Recent Past, Current & Future Analysis for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 90: Rest of World Historic Review for PAG Base Oils by Segment - Water Soluble PAG Oils and Water Insoluble PAG Oils Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 91: Rest of World 16-Year Perspective for PAG Base Oils by Segment - Percentage Breakdown of Value Sales for Water Soluble PAG Oils and Water Insoluble PAG Oils for the Years 2014, 2024 & 2030
    • TABLE 92: Rest of World Recent Past, Current & Future Analysis for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive - Independent Analysis of Annual Sales in US$ Thousand for the Years 2023 through 2030 and % CAGR
    • TABLE 93: Rest of World Historic Review for PAG Base Oils by End-Use - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
    • TABLE 94: Rest of World 16-Year Perspective for PAG Base Oils by End-Use - Percentage Breakdown of Value Sales for Industrial Tooling and Equipment, HVAC and Refrigeration Equipment and Automotive for the Years 2014, 2024 & 2030

IV. COMPETITION