Poly alpha olefin (PAO) is colorless liquids with well-defined, wax-free isoparaffinic structures. Poly alpha olefins have a complex branched structure with an olefin bond in the alpha position of one of the branches. Hydrogenated poly alpha olefins have olefin-carbons saturated with hydrogen, which lends excellent thermal stability to the molecule. It is widely used in automotive and industrial fields.
Global Poly Alpha Olefin (PAO) key players include INEOS, ExxonMobil Chemical, Chevron Phillips Chemical, etc. Global top three manufacturers hold a share over 80%.
North America is the largest market, with a share over 40%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Low viscosity PAO is the largest segment, with a share over 80%. And in terms of application, the largest application is Automotive oils, followed by Industrial oils.

Market Analysis and Insights: Global Poly Alpha Olefin (PAO) Market
In 2020, the global Poly Alpha Olefin (PAO) market size was US$ 4031 million and it is expected to reach US$ 4806 million by the end of 2027, with a CAGR of 2.6% between 2021 and 2027
Global Poly Alpha Olefin (PAO) Scope and Market Size
The global Poly Alpha Olefin (PAO) market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Poly Alpha Olefin (PAO) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Low Viscosity PAO
Medium Viscosity PAO
High Viscosity PAO

Segment by Application
Automotive Oils
Industrial Oils

By Company
INEOS
ExxonMobil Chemical
Chemical
Lanxess
Naco
Shenyang HCPAO

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE