유럽 ​​폴리알킬렌글리콜(PAG) 기유 시장 - 2029년까지의 산업 동향 및 예측

유럽 ​​폴리알킬렌글리콜(PAG) 기유 시장 분석 및 규모

PAG 오일 또는 폴리알킬렌 글리콜 은 자동차의 에어컨 압축기를 위해 특별히 고안된 완전 합성 흡습성 오일입니다. 이들은 압축기 오일로 널리 사용됩니다. 수용성 PAG 오일과 수불용성 PAG 오일은 PAG의 두 가지 일반적인 제품입니다. 압축기 오일 외에도 마모된 기어 윤활제, 무수 내화성 유압 유체, 금속 가공 유체 등과 같은 응용 분야에서도 널리 사용됩니다.

PAG 오일은 높은 점도 지수, 우수한 수용성, 전단 안정성 및 고온에서 낮은 휘발성을 가지고 있습니다. 나중에 폴리알킬렌 글리콜(PAG) 기유는 섬유 윤활제 및 금속 열처리의 담금제로 광범위하게 사용되기 시작했습니다. Data Bridge Market Research는 유럽 폴리알킬렌 글리콜(PAG) 기유 시장이 예측 기간 동안 3.2%의 CAGR로 2029년까지 1,672,566.10천 달러에 도달할 것으로 분석합니다. 자동차 산업에서 PAG에 대한 수요로 인해 "기존(불용성)"이 해당 시장에서 가장 두드러진 제품 세그먼트를 차지합니다. Data Bridge Market Research 팀이 큐레이팅한 시장 보고서에는 심층적인 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석 및 기후 사슬 시나리오가 포함되어 있습니다.

시장 정의

Polyalkylene glycol (PAG) base oils are classified by their weight percent composition of oxypropylene versus oxyethylene units in the polymer chain. Polyalkylene glycol (PAG) base oils with 100 weight percent oxypropylene groups are water insoluble; whereas those with 50 to 75 weight percent oxyethylene are water soluble at ambient temperatures. Polyalkylene glycol (PAG) base oils have long been used as industrial lubricants, and recent work has led to the development of polyalkylene glycol (PAG) lubricants for use in equipment in the food processing industry. These products are known as food-grade approved lubricants.

COVID-19 had a Minimal Impact on Europe Polyalkylene Glycol (PAG) Base Oil Market

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation. However, a significant impact was noticed on the Europe polyalkylene glycol (PAG) base oil market. The operations and supply chain of polyalkylene glycol (PAG) base oil, with multiple manufacturing facilities, were still operating in the region. The service providers continued offering polyalkylene glycol (PAG) base oil following sanitation and safety measures in the post-COVID scenario.

The Market Dynamics of the Europe Polyalkylene Glycol (PAG) Base Oil Market Include:

• Significant Demand for PAG in the Automotive Industry

The Europe polyalkylene glycol (PAG) base oil market is likely to flourish in the future on account of increasing growth in the automobile industry. Extensive and increasing use of vehicles and the need for high-performance lubricants from the automotive industry are expected to boost the growth of the Europe polyalkylene glycol (PAG) base oil market.

• Rising Technological Advancements and Modernization in Production Techniques

Recent and fast-evolving changes and advancements in equipment technology have resulted in more demanding lubricant conditions and requirements, which are beyond the capabilities of mineral oil-based lubricants. More technological advancements are being considered in producing polyalkylene glycol (PAG) based engine oils as a step forward for significant fuel consumption reduction. This is expected to drive the growth of the Europe polyalkylene glycol (PAG) base oil market.

• Considerable Increase in Construction Activities and Infrastructural Development Across the Globe

PAG base oils are being used in the infrastructure and construction of those buildings or places where fire resistance or environmental acceptability is required. Increasing consumer spending power accompanied by government initiatives towards boosting the public infrastructure is likely to drive the construction industry in the future, which will further help the PAG-based oil market growth.

• Growing Use in Food-Grade Products

The use of lubricants in food production and processing is widely common. Over time, the regulations and requirements for lubricants in food machinery and industry have evolved to include various product technology. Thus, the growing use of PAG oils in food-grade products is expected to propel the Europe polyalkylene glycol (PAG) base oil market in the forecast period.

• Increasing Use of Bio-Degradable PAG Oils

Biodegradable oils have increased in popularity in recent years, but these oils can also have up to 50% of a petroleum oil base. The increase in biodegradable polyalkylene glycol base oil and the approval of its biodegradability by EPA is expected to act as an opportunity for the Europe polyalkylene glycol (PAG) base oil market.

• Growing Research and Development Activities

Polyalkylene glycol oils are one of the first synthetic lubricants developed and commercialized. Polyalkylene glycol (PAG) oils are classified by their weight percent composition of oxypropylene versus oxyethylene units in the polymer chain. Increased research and development activities have created novel applications for polyalkylene glycol (PAG) base oil, which is expected to provide growth opportunities for the market.

Restraints/Challenges faced by the Europe Polyalkylene Glycol (PAG) Base Oil Market

• Rise in Cost of Synthetic Fibers

Textile fiber production is one industry that benefits from using polyalkylene glycol (PAG) oils. These oils do not stain or discolor fibers and are easily removed during the scouring process. PAG oils are the lubricant of choice for many high-speed, high-temperature fiber processes requiring shear stability. In addition, they are often used as lubricants in textile manufacturing equipment as extreme pressure gear oils. Thus, the increasing price of synthetic fiber affects the textile industry and the Europe polyalkylene glycol (PAG) oil base market as they are interconnected.

• High Cost Compared to Conventional Mineral Oils

Base oils comprise 30-40% of the total cost of the finished lubricants. Therefore, it becomes very important for the manufacturers to choose the right base oil type for their finished products. The high price of polyalkylene glycol-based lubricants is the primary challenging factor for the market. This affects the price of synthetic base oils, including PAGs, and forces manufacturers to set the price higher than other conventional mineral oils, which may challenge the market growth tremendously.

The countries covered in the report are Germany, U.K., France, Netherlands, Italy, Spain, Belgium, Russia, Turkey, Switzerland, and the Rest of Europe.

Germany is expected to dominate the market due to the rising technological advancements and modernization in production techniques in the region. More technological advancements are being considered in producing polyalkylene glycol (PAG) based engine oils as a step forward for significant fuel consumption reduction. This is expected to drive the growth of the Europe polyalkylene glycol (PAG) base oil market.

This Europe polyalkylene glycol (PAG) base oil market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the rodenticides market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In December 2021, Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has acquired Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States. This acquisition will bring goodwill to the company
• In July 2021, DENSO CORPORATION launched its new online media website, "The COREs." This development will help Denso Corporation attract and serve more customers through its online channel.

Europe Polyalkylene Glycol (PAG) Base Oil Market Scope

Europe polyalkylene glycol (PAG) base oil market is segmented on the basis of product, application, and end-use. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Conventional (Water Insoluble)
• Water-Soluble

On the basis of product, the Europe polyalkylene glycol (PAG) base oil market is segmented into conventional (water insoluble) and water-soluble. The conventional (water soluble) segment is expected to dominate the market as they have a very high viscosity index and low and high-temperature abilities, which helps boost its demand in the forecast year.

Application

• Hydraulic Oil
• Gear Oil
• Compressor Oil
• Metal Working Fluids
• Greases
• Others

On the basis of application, the Europe polyalkylene glycol (PAG) base oil market is segmented into hydraulic oil, gear oil, compressor oil, metal working fluids, greases, and others. The compressor oil segment is expected to dominate the market as it reduces the wear and tear on rotating parts and prevents metal from rubbing against metal, which helps boost its demand in the forecast year.

End-Use

• Automotive
• Aerospace
• Marine
• Tooling & Industrial Equipment
• HVAC 및 냉장
• 기타

최종 용도에 따라 유럽 폴리알킬렌 글리콜(PAG) 기유 시장은 자동차, 항공우주, 해양, 공구 및 산업 장비, HVAC 및 냉장, 기타로 세분화됩니다. 자동차 부문은 PAG 오일이 자동차 엔진의 마찰과 마모를 제어하는 ​​데 도움이 되어 예측 연도에 수요가 증가하는 데 도움이 되므로 시장을 지배할 것으로 예상됩니다.

경쟁 환경 및 유럽 폴리알킬렌글리콜(PAG) 기유 시장 점유율 분석

유럽 ​​폴리알킬렌 글리콜(PAG) 기유 시장 경쟁 구도는 경쟁업체의 세부 정보를 제공합니다. 포함된 세부 정보는 회사 개요, 회사 재무, 창출된 수익, 시장 잠재력, 연구 개발 투자, 새로운 시장 이니셔티브, 유럽 입지, 생산 현장 및 시설, 생산 용량, 회사의 강점과 약점, 제품 출시, 제품 폭과 범위, 응용 분야 우세입니다. 위의 데이터 포인트는 유럽 폴리알킬렌 글리콜(PAG) 기유 시장에 대한 회사의 초점과만 관련이 있습니다.

유럽 ​​폴리알킬렌 글리콜(PAG) 기유 시장의 주요 기업으로는 TotalEnergies, Phillips 66 Company, Exxon Mobil Corporation, Royal Dutch Shell plc, Denso Corporation, BASF SE, Eni Oil Products, Chevron Corporation, FUCHS, Croda International Plc, FUCHS, Hornett Bros & Co Ltd., PETRONAS Lubricants International, LIQUI MOLY GmbH, Morris Lubricants, Ultrachem Inc., Idemitsu Kosan Co., Ltd. 등이 있습니다.

연구 방법론: 유럽 폴리알킬렌 글리콜(PAG) 기유 시장

데이터 수집 및 기준 연도 분석은 대규모 샘플 크기의 데이터 수집 모듈을 사용하여 수행됩니다. 시장 데이터는 시장 통계 및 일관된 모델을 사용하여 분석 및 추정됩니다. 또한 시장 점유율 분석 및 주요 추세 분석은 시장 보고서의 주요 성공 요인입니다. 자세한 내용을 알아보려면 분석가 전화를 요청하거나 문의 사항을 드롭 다운하세요.

DBMR 연구팀이 사용하는 주요 연구 방법론은 데이터 마이닝, 시장에 대한 데이터 변수의 영향 분석, 주요(산업 전문가) 검증을 포함하는 데이터 삼각 측량입니다. 이 외에도 데이터 모델에는 공급업체 포지셔닝 그리드, 시장 타임라인 분석, 시장 개요 및 가이드, 전문가 분석, 수입/수출 분석, 가격 분석, 생산 소비 분석, 기후 체인 시나리오, 회사 포지셔닝 그리드, 회사 시장 점유율 분석, 측정 표준, 유럽 대 지역 및 공급업체 점유율 분석이 포함됩니다. 연구 방법론에 대해 자세히 알아보려면 문의를 남겨 산업 전문가에게 문의하세요.

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