LAMEA Polyalphaolefin Market Size, Share & Trends Analysis Report By Type (High Viscosity, Medium Viscosity, and Low Viscosity), By Application (Engine Oil, Gear Oil, Compressor Oil, Grease, and Others), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Polyalphaolefin Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 327.4 hundred Tonnes, showcasing a growth of 4.5% (2023-2030).

PAOs are used in textile processing as lubricants, antistatic agents, and softeners for synthetic fibers, yarns, and fabrics. They improve fiber handling, dyeing, weaving, and finishing processes, reducing friction, static electricity, and fabric stiffness while enhancing fabric drape, softness, and comfort. Furthermore, PAOs are utilized in renewable energy applications, including solar panels and wind turbines, as hydraulic fluids and lubricants for bearings, actuation systems, and turbine gears. They provide efficient power transmission, friction reduction, and component protection, contributing to reliable energy generation and sustainability initiatives.

Several emerging trends are shaping the polyalphaolefin market, reflecting technological advancements, evolving industry dynamics, and changing consumer preferences. For example, integrating digital technologies, data analytics, and predictive maintenance solutions in industrial operations creates opportunities to optimize lubricant performance, monitor equipment health, and enhance operational efficiency. PAO manufacturers offer clients real-time information, proactive maintenance advice, value-added services using digital platforms, Internet of Things (IoT) gadgets, and predictive analytics.

Brazil’s growing renewable energy industry is expected to increase demand for lubricants, particularly PAOs, due to large expenditures in the country’s energy infrastructure. As per the data released in 2023 by the International Trade Administration (ITA), the renewable energy sector accounts for 83% of the Brazilian electricity matrix, while the global average is around 25%. Thus, the high oil production and expansion of the region’s renewable energy sector are propelling the market’s growth.

The Brazil market dominated the LAMEA Polyalphaolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $52.5 Million by 2030. The Argentina market is showcasing a CAGR of 5.1% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 3.9% during (2023 - 2030).

Free Valuable Insights: The Worldwide Polyalphaolefin Market is Projected to reach USD 2.5 Billion by 2030, at a CAGR of 3.0%

Based on Type, the market is segmented into High Viscosity, Medium Viscosity, and Low Viscosity. Based on Application, the market is segmented into Engine Oil, Gear Oil, Compressor Oil, Grease, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Chevron Phillips Chemical Company LLC
• INEOS Group Holdings S.A. (INEOS Oligomers)
• Mitsui Chemicals, Inc.
• Exxon Mobil Corporation
• Shell plc (Shell Chemical Ltd.)
• Tulstar Products, Inc.
• Shanghai NACO Lubrication Co., Ltd
• Lubricon Industries Canada Limited
• Idemitsu Kosan Co., Ltd.
• Lanxess AG

LAMEA Polyalphaolefin Market Report Segmentation

By Type (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• High Viscosity
• Medium Viscosity
• Low Viscosity

By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Engine Oil
• Gear Oil
• Compressor Oil
• Grease
• Others
• Civil Engineering & Archaeology
• Others

By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Polyalphaolefin Market, by Type
1.4.2 LAMEA Polyalphaolefin Market, by Application
1.4.3 LAMEA Polyalphaolefin Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis

Chapter 4. LAMEA Polyalphaolefin Market by Type
4.1 LAMEA High Viscosity Market by Country
4.2 LAMEA Medium Viscosity Market by Country
4.3 LAMEA Low Viscosity Market by Country

Chapter 5. LAMEA Polyalphaolefin Market by Application
5.1 LAMEA Engine Oil Market by Country
5.2 LAMEA Gear Oil Market by Country
5.3 LAMEA Compressor Oil Market by Country
5.4 LAMEA Grease Market by Country
5.5 LAMEA Others Market by Country

Chapter 6. LAMEA Polyalphaolefin Market by Country
6.1 Brazil Polyalphaolefin Market
6.1.1 Brazil Polyalphaolefin Market by Type
6.1.2 Brazil Polyalphaolefin Market by Application
6.2 Argentina Polyalphaolefin Market
6.2.1 Argentina Polyalphaolefin Market by Type
6.2.2 Argentina Polyalphaolefin Market by Application
6.3 UAE Polyalphaolefin Market
6.3.1 UAE Polyalphaolefin Market by Type
6.3.2 UAE Polyalphaolefin Market by Application
6.4 Saudi Arabia Polyalphaolefin Market
6.4.1 Saudi Arabia Polyalphaolefin Market by Type
6.4.2 Saudi Arabia Polyalphaolefin Market by Application
6.5 South Africa Polyalphaolefin Market
6.5.1 South Africa Polyalphaolefin Market by Type
6.5.2 South Africa Polyalphaolefin Market by Application
6.6 Nigeria Polyalphaolefin Market
6.6.1 Nigeria Polyalphaolefin Market by Type
6.6.2 Nigeria Polyalphaolefin Market by Application
6.7 Rest of LAMEA Polyalphaolefin Market
6.7.1 Rest of LAMEA Polyalphaolefin Market by Type
6.7.2 Rest of LAMEA Polyalphaolefin Market by Application

Chapter 7. Company Profiles
7.1 Chevron Phillips Chemical Company LLC
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Recent strategies and developments:
7.1.3.1 Geographical Expansions & Business Expansion:
7.1.4 SWOT Analysis
7.2 INEOS Group Holdings S.A. (INEOS Oligomers)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Recent strategies and developments:
7.2.4.1 Geographical Expansions:
7.2.5 SWOT Analysis
7.3 Mitsui Chemicals, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Exxon Mobil Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Geographical Expansions & Business Expansion:
7.4.6 SWOT Analysis
7.5 Shell plc (Shell Chemical Ltd.)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Tulstar Products, Inc.
7.6.1 Company Overview
7.7 Shanghai NACO Lubrication Co., Ltd
7.7.1 Company Overview
7.8 Lubricon Industries Canada Limited
7.8.1 Company Overview
7.9 Idemitsu Kosan Co., Ltd.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Lanxess AG
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

TABLE 1 LAMEA Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 4 LAMEA Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 5 LAMEA Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 6 LAMEA Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 7 LAMEA Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 8 LAMEA Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 9 LAMEA High Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA High Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA High Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12 LAMEA High Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13 LAMEA Medium Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Medium Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Medium Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16 LAMEA Medium Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17 LAMEA Low Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Low Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Low Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20 LAMEA Low Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21 LAMEA Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 22 LAMEA Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 23 LAMEA Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 24 LAMEA Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 25 LAMEA Engine Oil Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Engine Oil Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Engine Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28 LAMEA Engine Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29 LAMEA Gear Oil Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Gear Oil Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Gear Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32 LAMEA Gear Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33 LAMEA Compressor Oil Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Compressor Oil Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Compressor Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36 LAMEA Compressor Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37 LAMEA Grease Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Grease Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Grease Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40 LAMEA Grease Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 44 LAMEA Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 45 LAMEA Polyalphaolefin Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Polyalphaolefin Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Polyalphaolefin Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 48 LAMEA Polyalphaolefin Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 49 Brazil Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 50 Brazil Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 51 Brazil Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 52 Brazil Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 53 Brazil Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 54 Brazil Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 55 Brazil Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 56 Brazil Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 57 Brazil Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 58 Brazil Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 59 Brazil Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 60 Brazil Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 61 Argentina Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 62 Argentina Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 63 Argentina Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 64 Argentina Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 65 Argentina Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 66 Argentina Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 67 Argentina Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 68 Argentina Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 69 Argentina Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 70 Argentina Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 71 Argentina Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72 Argentina Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73 UAE Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 74 UAE Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 75 UAE Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 76 UAE Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 77 UAE Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 78 UAE Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 79 UAE Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 80 UAE Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 81 UAE Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 82 UAE Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 83 UAE Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 84 UAE Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 85 Saudi Arabia Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 88 Saudi Arabia Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 89 Saudi Arabia Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 90 Saudi Arabia Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 91 Saudi Arabia Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 92 Saudi Arabia Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 93 Saudi Arabia Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 94 Saudi Arabia Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 95 Saudi Arabia Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96 Saudi Arabia Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 97 South Africa Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 98 South Africa Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 99 South Africa Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 100 South Africa Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 101 South Africa Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 102 South Africa Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 103 South Africa Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 104 South Africa Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 105 South Africa Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 106 South Africa Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 107 South Africa Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 108 South Africa Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 109 Nigeria Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 110 Nigeria Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 111 Nigeria Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 112 Nigeria Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 113 Nigeria Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 114 Nigeria Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 115 Nigeria Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 116 Nigeria Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 117 Nigeria Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 118 Nigeria Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 119 Nigeria Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 120 Nigeria Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 121 Rest of LAMEA Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 124 Rest of LAMEA Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 125 Rest of LAMEA Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 126 Rest of LAMEA Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 127 Rest of LAMEA Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 128 Rest of LAMEA Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 129 Rest of LAMEA Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 130 Rest of LAMEA Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 131 Rest of LAMEA Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 132 Rest of LAMEA Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 133 Key Information – Chevron Phillips Chemical Company LLC
TABLE 134 Key Information – INEOS Group Holdings S.A.
TABLE 135 Key Information – Mitsui Chemicals, Inc.
TABLE 136 Key Information – Exxon Mobil Corporation
TABLE 137 Key Information – Shell plc
TABLE 138 Key Information – Tulstar Products, Inc.
TABLE 139 Key Information – Shanghai NACO Lubrication Co., Ltd
TABLE 140 Key Information – Lubricon Industries Canada Limited
TABLE 141 Key Information – Idemitsu Kosan Co., Ltd.
TABLE 142 Key Information – Lanxess AG

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Polyalphaolefin Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyalphaolefin Market
FIG 4 Porter’s Five Forces Analysis – polyalphaolefin market
FIG 5 LAMEA Polyalphaolefin Market share by Type, 2022
FIG 6 LAMEA Polyalphaolefin Market share by Type, 2030
FIG 7 LAMEA Polyalphaolefin Market by Type, 2019 - 2030, USD Million
FIG 8 LAMEA Polyalphaolefin Market share by Application, 2022
FIG 9 LAMEA Polyalphaolefin Market share by Application, 2030
FIG 10 LAMEA Polyalphaolefin Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Polyalphaolefin Market share by Country, 2022
FIG 12 LAMEA Polyalphaolefin Market share by Country, 2030
FIG 13 LAMEA Polyalphaolefin Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Chevron Phillips Chemical Company LLC
FIG 15 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 16 SWOT Analysis: Mitsui Chemicals, Inc.
FIG 17 Recent strategies and developments: Exxon Mobil Corporation
FIG 18 SWOT Analysis: Exxon Mobil Corporation
FIG 19 Recent strategies and developments: shell plc
FIG 20 SWOT Analysis: Shell plc
FIG 21 Swot Analysis: Idemitsu Kosan Co., Ltd.
FIG 22 Swot Analysis: Lanxess AG