Nov, 21 2023

Exploring the Versatility of Polyalkylene Glycol Base Oil in Diverse Applications and End-Use Industries

The polyalkylene glycol (PAG) base oil market offers a wide range of applications and serves various end-use industries. Applications include hydraulic oil, gear oil, compressor oil, metalworking fluids, greases, and more. End-use sectors encompass automotive, aerospace, marine, tooling and industrial equipment, HVAC and refrigeration, and others. PAG base oils are highly versatile and known for their excellent lubrication properties, making them integral in diverse industries to ensure optimal performance and protection in various mechanical systems and equipment.

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Data Bridge Market Research analyses that the Europe Polyalkylene Glycol (PAG) Base Oil Market value, which was 13,00,007.06 thousand in 2021, is expected to reach the value of USD 1,672,566.10 thousand by 2029, at a CAGR of 3.2% during the forecast period 2022-2029. The demand for high-performance lubricants in the growing industrial and automotive sectors drives the polyalkylene glycol (PAG) base oil market. PAG base oils are preferred for their superior lubricating properties, making them a compelling choice in these industries.

Key Findings of the Study

Energy efficiency is expected to drive the market's growth rate

PAG base oils play a significant role in the polyalkylene glycol (PAG) base oil market by contributing to energy-efficient machinery. Their low friction characteristics and exceptional lubrication properties reduce energy consumption in various applications, aligning with sustainability goals. This driver is particularly relevant in today's environmentally conscious industries, where the demand for more efficient, eco-friendly lubricants has surged, driving the adoption of PAG base oils to achieve performance and sustainability objectives.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Product (Conventional (Water Insoluble), and Water-Soluble), Application (Hydraulic Oil, Gear Oil, Compressor Oil, Metal Working Fluids, Greases, and Others), End-Use (Automotive, Aerospace, Marine, Tooling and Industrial Equipment, HVAC and Refrigeration, and Others)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Market Players Covered

TotalEnergies(프랑스), Phillips 66 Company(미국), Exxon Mobil Corporation(미국), Royal Dutch Shell plc(영국), Denso Corporation(일본), BASF SE(독일), Eni Oil Products(이탈리아), Chevron Corporation(미국), FUCHS(독일), Croda International Plc(영국), Hornett Bros & Co Ltd.(영국), PETRONAS Lubricants International(말레이시아), LIQUI MOLY GmbH(독일), Morris Lubricants(영국), Ultrachem Inc.(미국), Idemitsu Kosan Co., Ltd.(일본)

보고서에서 다루는 데이터 포인트

Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 기업 등 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 대표되는 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요에 대한 부족 분석이 포함됩니다.

세그먼트 분석:

유럽 폴리알킬렌 글리콜(PAG) 기유 시장은 제품, 응용 분야 및 최종 용도를 기준으로 세분화됩니다.

유럽 폴리알킬렌 글리콜(PAG) 기유 시장은 제품을 기준으로 일반형(수불용성) 기유와 수용성 기유로 구분됩니다.

유럽 폴리알킬렌 글리콜(PAG) 기유 시장은 적용 분야에 따라 유압유, 기어 오일, 압축기 오일, 금속 가공 유체, 그리스 및 기타로 구분됩니다.

최종 용도를 기준으로 유럽 폴리알킬렌 글리콜(PAG) 기유 시장은 자동차, 항공우주, 해양, 공구 및 산업 장비, HVAC 및 냉장, 기타로 구분됩니다.

주요 플레이어

Data Bridge Market Research는 다음 회사를 유럽 폴리알킬렌 글리콜(PAG) 기유 시장 주요 기업으로 인식하고 있습니다. 유럽 폴리알킬렌 글리콜(PAG) 기유 시장의 주요 기업으로는 TotalEnergies(프랑스), Phillips 66 Company(미국), Exxon Mobil Corporation(미국), Royal Dutch Shell plc(영국), Denso Corporation(일본), BASF SE(독일), Eni Oil Products(이탈리아)가 있습니다.

시장 개발

2021년 12월, Royal Dutch Shell plc의 자회사인 Shell New Energies US LLC는 미국의 저명한 유틸리티 규모 태양광 및 에너지 저장 개발업체인 Savion LLC의 인수를 완료했습니다. 이 전략적 인수는 Shell의 재생에너지 및 지속가능성 사업 확장 의지와 일맥상통합니다. 성장하는 청정 에너지 시장에서 Shell의 입지를 강화하고 환경 및 사업 목표 달성에 긍정적인 영향을 미칠 것입니다.

2021년 7월, 덴소(DENSO CORPORATION)는 새로운 온라인 미디어 웹사이트 "The COREs"를 출시했습니다. 이 디지털 플랫폼은 덴소가 고객을 포함한 더 많은 고객과 소통할 수 있는 유익하고 인터랙티브한 채널입니다. 덴소는 이 온라인 매체를 통해 가치 있는 콘텐츠와 리소스를 제공함으로써 디지털 입지를 강화하고, 고객 관계를 강화하며, 혁신, 제품 및 서비스를 더 많은 온라인 고객에게 효과적으로 알리고자 합니다.

유럽 폴리알킬렌 글리콜(PAG) 기유 시장 보고서에 대한 자세한 내용은 여기를 클릭하세요. – https://www.databridgemarketresearch.com/reports/europe-pag-base-oil-market

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