North America 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 North America Polyalphaolefin Market would witness market growth of 2.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1425.5 hundred Tonnes, showcasing a growth of 2.0% (2019-2022).

PAOs play a vital role in the marine industry, where they lubricate propulsion systems, stern tubes, and thrusters, operating in harsh marine environments characterized by high moisture, saltwater exposure, and extreme temperature differentials. Additionally, in renewable energy applications, such as wind turbines and solar panels, PAOs contribute to efficient energy generation by reducing frictional losses and ensuring optimal performance and longevity of mechanical components.

Furthermore, PAOs are used in metalworking fluids such as cutting oils, coolants, and lubricants for machining, grinding, and forming operations. They offer superior lubricity, cooling properties, chip evacuation, improving tool life, surface finish, and dimensional accuracy in metal fabrication processes across automotive, aerospace, and precision engineering industries.

The rise in renewable energy in Mexico represents a paradigm change toward a future in energy that is more robust and sustainable. As per the data released in 2023 by the International Trade Administration, Mexico aims to produce 35 percent of its electricity from clean energy sources by 2024, including power regeneration from renewable and non-renewable sources such as nuclear and efficient cogeneration. Therefore, the growing renewable energy and expansion of the region’s medical device sector are driving the market’s growth.

The US market dominated the North America Polyalphaolefin Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $550.5 Million by 2030. The Canada market is experiencing a CAGR of 3.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 3.8% during (2023 - 2030).

Free Valuable Insights: The Polyalphaolefin Market is Predict to reach $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 U.S., Mexico, Canada, and Rest of North America.

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

North America 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)

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Polyalphaolefin Market, by Type
1.4.2 North America Polyalphaolefin Market, by Application
1.4.3 North America 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. North America Polyalphaolefin Market by Type
4.1 North America High Viscosity Market by Country
4.2 North America Medium Viscosity Market by Country
4.3 North America Low Viscosity Market by Country

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

Chapter 6. North America Polyalphaolefin Market by Country
6.1 US Polyalphaolefin Market
6.1.1 US Polyalphaolefin Market by Type
6.1.2 US Polyalphaolefin Market by Application
6.2 Canada Polyalphaolefin Market
6.2.1 Canada Polyalphaolefin Market by Type
6.2.2 Canada Polyalphaolefin Market by Application
6.3 Mexico Polyalphaolefin Market
6.3.1 Mexico Polyalphaolefin Market by Type
6.3.2 Mexico Polyalphaolefin Market by Application
6.4 Rest of North America Polyalphaolefin Market
6.4.1 Rest of North America Polyalphaolefin Market by Type
6.4.2 Rest of North America 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 North America Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 2 North America Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 3 North America Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 4 North America Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 5 North America Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 6 North America Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 7 North America Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 8 North America Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 9 North America High Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 10 North America High Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 11 North America High Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 12 North America High Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 13 North America Medium Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Medium Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Medium Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 16 North America Medium Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 17 North America Low Viscosity Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Low Viscosity Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Low Viscosity Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 20 North America Low Viscosity Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 21 North America Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 22 North America Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 23 North America Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 24 North America Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 25 North America Engine Oil Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Engine Oil Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Engine Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 28 North America Engine Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 29 North America Gear Oil Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Gear Oil Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Gear Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 32 North America Gear Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 33 North America Compressor Oil Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Compressor Oil Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Compressor Oil Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 36 North America Compressor Oil Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 37 North America Grease Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Grease Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Grease Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 40 North America Grease Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 41 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Others Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 44 North America Others Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 45 North America Polyalphaolefin Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Polyalphaolefin Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Polyalphaolefin Market by Country, 2019 - 2022, Hundred Tonnes
TABLE 48 North America Polyalphaolefin Market by Country, 2023 - 2030, Hundred Tonnes
TABLE 49 US Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 50 US Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 51 US Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 52 US Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 53 US Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 54 US Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 55 US Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 56 US Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 57 US Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 58 US Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 59 US Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 60 US Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 61 Canada Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 62 Canada Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 63 Canada Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 64 Canada Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 65 Canada Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 66 Canada Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 67 Canada Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 68 Canada Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 69 Canada Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 70 Canada Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 71 Canada Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 72 Canada Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 73 Mexico Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 74 Mexico Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 75 Mexico Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 76 Mexico Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 77 Mexico Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 78 Mexico Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 79 Mexico Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 80 Mexico Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 81 Mexico Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 82 Mexico Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 83 Mexico Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 84 Mexico Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 85 Rest of North America Polyalphaolefin Market, 2019 - 2022, USD Million
TABLE 86 Rest of North America Polyalphaolefin Market, 2023 - 2030, USD Million
TABLE 87 Rest of North America Polyalphaolefin Market, 2019 - 2022, Hundred Tonnes
TABLE 88 Rest of North America Polyalphaolefin Market, 2023 - 2030, Hundred Tonnes
TABLE 89 Rest of North America Polyalphaolefin Market by Type, 2019 - 2022, USD Million
TABLE 90 Rest of North America Polyalphaolefin Market by Type, 2023 - 2030, USD Million
TABLE 91 Rest of North America Polyalphaolefin Market by Type, 2019 - 2022, Hundred Tonnes
TABLE 92 Rest of North America Polyalphaolefin Market by Type, 2023 - 2030, Hundred Tonnes
TABLE 93 Rest of North America Polyalphaolefin Market by Application, 2019 - 2022, USD Million
TABLE 94 Rest of North America Polyalphaolefin Market by Application, 2023 - 2030, USD Million
TABLE 95 Rest of North America Polyalphaolefin Market by Application, 2019 - 2022, Hundred Tonnes
TABLE 96 Rest of North America Polyalphaolefin Market by Application, 2023 - 2030, Hundred Tonnes
TABLE 97 Key Information – Chevron Phillips Chemical Company LLC
TABLE 98 Key Information – INEOS Group Holdings S.A.
TABLE 99 Key Information – Mitsui Chemicals, Inc.
TABLE 100 Key Information – Exxon Mobil Corporation
TABLE 101 Key Information – Shell plc
TABLE 102 Key Information – Tulstar Products, Inc.
TABLE 103 Key Information – Shanghai NACO Lubrication Co., Ltd
TABLE 104 Key Information – Lubricon Industries Canada Limited
TABLE 105 Key Information – Idemitsu Kosan Co., Ltd.
TABLE 106 Key Information – Lanxess AG

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Polyalphaolefin Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyalphaolefin Market
FIG 4 Porter’s Five Forces Analysis – polyalphaolefin market
FIG 5 North America Polyalphaolefin Market share by Type, 2022
FIG 6 North America Polyalphaolefin Market share by Type, 2030
FIG 7 North America Polyalphaolefin Market by Type, 2019 - 2030, USD Million
FIG 8 North America Polyalphaolefin Market share by Application, 2022
FIG 9 North America Polyalphaolefin Market share by Application, 2030
FIG 10 North America Polyalphaolefin Market by Application, 2019 - 2030, USD Million
FIG 11 North America Polyalphaolefin Market share by Country, 2022
FIG 12 North America Polyalphaolefin Market share by Country, 2030
FIG 13 North America 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