欧洲聚乙二醇 (PAG) 基础油市场 - 行业趋势和 2029 年预测

欧洲聚乙二醇 (PAG) 基础油市场分析及规模

PAG 油或聚亚烷基二醇是一种完全合成的吸湿油，专门用于汽车空调压缩机。它们被广泛用作压缩机油。水溶性 PAG 油和水不溶性 PAG 油是 PAG 的两种常见产品。除了压缩机油外，它们还广泛用于磨损齿轮润滑剂、无水耐火液压油、金属加工液等应用。

PAG 油具有高粘度指数、良好的水溶性、剪切稳定性以及高温下较低的挥发性。后来，聚亚烷基二醇 (PAG) 基础油开始广泛用作纺织润滑剂和金属热处理淬火剂。Data Bridge Market Research 分析，欧洲聚亚烷基二醇 (PAG) 基础油市场预计到 2029 年将达到 1,672,566.10 万美元，预测期内的复合年增长率为 3.2%。由于汽车行业对 PAG 的需求，“常规（水不溶性）”在相应市场中占据最突出的产品细分市场。Data Bridge Market Research 团队策划的市场报告包括深入的专家分析、进出口分析、定价分析、生产消费分析和气候链情景。

市场定义

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
• 暖通空调和制冷
• 其他的

根据最终用途，欧洲聚亚烷基二醇 (PAG) 基础油市场细分为汽车、航空航天、船舶、工具和工业设备、暖通空调和制冷等。汽车领域预计将占据市场主导地位，因为 PAG 油有助于控制汽车发动机的摩擦和磨损，这有助于在预测年增加其需求。

竞争格局和欧洲聚乙二醇 (PAG) 基础油市场份额分析

欧洲聚亚烷基二醇 (PAG) 基础油市场竞争格局提供了竞争对手的详细信息。详细信息包括公司概况、公司财务状况、收入、市场潜力、研发投资、新市场计划、欧洲业务、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上数据点仅与公司对欧洲聚亚烷基二醇 (PAG) 基础油市场的关注有关。

欧洲聚烷基二醇 (PAG) 基础油市场的一些主要参与者包括道达尔能源公司、菲利普斯 66 公司、埃克森美孚公司、荷兰皇家壳牌公司、电装公司、巴斯夫公司、埃尼石油产品公司、雪佛龙公司、福斯、禾大国际公司、福斯、Hornett Bros & Co Ltd.、马来西亚国家石油公司润滑油国际公司、LIQUI MOLY GmbH、莫里斯润滑油、Ultrachem Inc.、出光兴产株式会社等。

研究方法：欧洲聚乙二醇 (PAG) 基础油市场

数据收集和基准年分析是使用具有大样本量的数据收集模块进行的。市场数据使用市场统计和连贯模型进行分析和估计。此外，市场份额分析和关键趋势分析是市场报告中的主要成功因素。要了解更多信息，请请求分析师致电或下拉您的询问。

DBMR 研究团队使用的关键研究方法是数据三角测量，涉及数据挖掘、数据变量对市场影响的分析以及主要（行业专家）验证。除此之外，数据模型还包括供应商定位网格、市场时间线分析、市场概览和指南、专家分析、进出口分析、定价分析、生产消费分析、气候链情景、公司定位网格、公司市场份额分析、测量标准、欧洲与地区和供应商份额分析。要了解有关研究方法的更多信息，请向我们的行业专家咨询。

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