Global and China PAG Synthetic Lubricants Market Insights, Forecast to 2026

Synthetic oil is a lubricant consisting of chemical compounds that are artificially made. Synthetic lubricants can be manufactured using chemically modified petroleum components rather than whole crude oil, but can also be synthesized from other raw materials. One of the most versatile types of synthetics is polyalkylene glycol (PAG) lubricants. PAGs are generally known as compressor lubricants, and their use in industry has increased since the 1980s. Increasing performance standards in the automotive and industrial markets peg these sectors as areas that show promise for growth.
Synthetic lubricants provide numerous benefits when used for automotive applications such as excellent thermal stability and low friction. Rising awareness regarding the advantages of the product, as opposed to its mineral counterparts, will augment industry growth over the forecast period. A major application of synthetic lubricants is their use as heat transfer fluids in heavy machinery and heat exchangers. Rising industrial sector in Asia Pacific countries will propel product demand over the forecast period.

Market Analysis and Insights: Global and China PAG Synthetic Lubricants Market
This report focuses on global and China PAG Synthetic Lubricants QYR Global and China market.
The global PAG Synthetic Lubricants market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global PAG Synthetic Lubricants Scope and Market Size
PAG Synthetic Lubricants market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global PAG Synthetic Lubricants market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the PAG Synthetic Lubricants market is segmented into
100%
Others

Segment by Application, the PAG Synthetic Lubricants market is segmented into
Petrochemical Industry
Metal Stamping
Other

Regional and Country-level Analysis
The PAG Synthetic Lubricants market is analysed and market size information is provided by regions (countries).
The key regions covered in the PAG Synthetic Lubricants market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and PAG Synthetic Lubricants Market Share Analysis
PAG Synthetic Lubricants market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in PAG Synthetic Lubricants business, the date to enter into the PAG Synthetic Lubricants market, PAG Synthetic Lubricants product introduction, recent developments, etc.
The major vendors covered:
ExxonMobil
Shell
BP
Chevron
Total
Idemitsu Kosan
BASF
Fuchs
Ashland Valvoline
JX Group
Lukoil
Petronas
Lanxess
Amsoil
Pertamina
CNPC
Sinopec
Delian Group
Original Chemical
LOPAL
GAOKE PETROCHEMICAL
COPTON