Global Synthetic Lubricant Basestocks 2022 Market Update

Global Synthetic Lubricant Basestocks 2022 Market Update

Base Year: 2022
Published: June 2023
Regional Coverage: Africa and the Middle East, Asia-Pacific, Europe, North America, South America

A quick snapshot view of the global synthetic basestocks market and demand evolution over the next five years. The transition toward a sustainable future entails a swifter move toward the use of synthetic lubricants, which creates a faster demand for synthetic basestocks. Moreover, growing demand in terms of performance requirements favors the use of synthetic basestocks.


  • Global synthetic and semi-synthetic lubricant demand penetration:
    • - By segment
    • - By product
    • - By viscosity grade
  • Synthetic basestock demand analysis at a global level and by key regions, covering Africa and the Middle East, Asia-Pacific, Europe, North America, and South America
  • Covers synthetic basestocks such as Group III/III+, polyalphaolefin (PAO), polyalkylene glycol (PAG), synthetic ester, phosphate ester, polyisobutylene (PIB), and alkylated aromatics
  • Global demand evolution of synthetic and semi-synthetic lubricants, and resultant demand for synthetic basestocks


Table of Contents


Finished Lubricants Demand

This section will discuss the penetration of synthetic and semisynthetic lubricants in various lubricant products. It will also provide a five-year growth outlook for various lubricants (synthetic and semi-synthetics).


The general product overview and its characteristics for polyalphaolefins (PAO) will be analyzed, along with the global capacity for high- and low-vis PAO, current PAO pricing, PAO supply evolution over the next five years, and profiles for the leading suppliers of PAO.

Group III/III+

This report will discuss the general product overview and its characteristics, global capacity for Group III and III+ basestocks, current Group III/III+ pricing, and Group III/III+ supply evolution over the next five years. The study will profile the leading suppliers of Group III/III+ basestocks.

The PAO demand model will provide a detailed look at the PAO demand evolution for the next 20-year period.

Finished lubricant demand (2022 to 2042):

  • - By region
  • - By segment
  • - By Product and viscosity grades

PAO demand outlook (2022 to 2042):

  • - By region
  • - By segment
  • - By PAO type (mPAO vs. conventional PAO)
  • - By viscosity grade

PAO supply:

  • - Current and planned PAO capacity additions
  • - By PAO type
  • - By viscosity grades (low viscosity vs. high viscosity)

The deliverable for this section will include only an Excel-based demand model.


Synthetic Basestocks Demand

This section will examine the demand for various synthetic basestocks—PAO, Group III/III+, polyalkylene glycol (PAG), synthetic esters, phosphate esters, and polyisobutenes, among others—in various regions and end-use applications. It will also discuss various
trends that may affect the demand for such synthetic basestocks over the next five years.

Report Benefits

Subscribers to the study will receive an in-depth understanding of the current status of the basestocks industry in terms of basestock supply, basestock application space and demand, lubricant formulation trends, basestock pricing mechanism, inter-region trade, inter-material competition, and manufacturing costs.

  • Subscribers will receive supply demand models for each trade region, which are an invaluable tool for conducting “what-if” analyses based on different assumptions on formulations, viscosity grades and shifts, and overall lubricants demand growth.
  • The study is a useful tool for sales, marketing, finance, technology, and strategy personnel to quickly learn the fundamentals of the basestock business, understand lubricant basestock requirements of the leading end-use markets, and make business decisions.

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Global Synthetic Lubricant Basestocks: Market Analysis and Opportunities

Global Synthetic Lubricant Basestocks: Market Analysis and Opportunities

Base Year: 2021
Published: Q4 2022
Regional Coverage: Africa and the Middle East, Asia-Pacific, Europe, North America, South America

A comprehensive analysis of the fast-growing synthetic basestocks market, the report highlights growth opportunities for basestock marketers in a flat to declining market for finished lubricants and growing focus on sustainability. As demand for synthetic lubricants grows, new opportunities arise for synthetic basestock marketers. The study takes into account the impact of growing electric vehicle penetration, recovery from COVID-19, and the growing role of sustainability.​


  • Global synthetic lubricant demand and trends
  • Global synthetic basestocks demand by region, lubricant application, and viscosity grades in the case of automotive engine oils
  • Comparison of leading basestock types
  • Formulation and substitution trends and inter-material competition
  • Synthetic basestock demand outlook
  • Profiles of leading suppliers

Includes an Excel-based demand model

Report Contents


Executive Summary

An overview of key findings

Global Finished Lubricant Market

  • Finished lubricant demand by product and region
  • Penetration of synthetic and semi-synthetic lubricants
  • Product performance trends
  • Demand outlook

Global Synthetic Lubricant Basestock Market

  • Comparison of different synthetic basestocks
  • Application by basestock type
  • Pricing
  • Demand by basestock type and application
  • Inter-material competition
  • Demand outlook

Synthetic Basestock Profiles
Detailed profiles of synthetic basestocks (listed in Table 1) are provided, including the following information:

  • Product overview
  • Supply
  • Pricing
  • Consumption
  • Demand trends
  • Demand outlook

Supplier Profiles
Detailed profiles of leading synthetic basestocks suppliers (listed in Table 2) are provided, including the following information:

  • Company background
  • Overview of synthetic basestocks business
  • Product portfolio/manufacturing
  • Appraisal


Polyalphaolefins​​ Group III/III+​​
Synthetic esters​​​​​ Polyalkylene glycol​​​​​
Polyisobutylene​​​​ Phosphate esters​​​​
​Alkylated aromatics​​​​


BASF​​​ Chevron Phillips​​​ Clariant​
Croda​​​​​​ Daihachi​​​​​​ Dow ​​​​​​
ExxonMobil​​​​​ Huntsman​​​​​ ICL​​​​​
​Idemitsu​ INEOS​ Yingkou Zinghou​​
Lanxess​​​​​​ Lu’an​​​​​​ Lubrizol​​​​​​
NACO​​​​​​ Nanjing Well​​​​​​ NOF​​​​​​
NYCO​​​​​​ Oleon​​​​​​ CNPC Lanzhou​​​​​​
Youme​​​​​​ ​​​​​ ​​​​​

Report Benefits

This report assists industry participants in identifying business opportunities within the global synthetic lubricant basestocks industry. It also serves as an invaluable tool in the strategic planning process. Specifically, the report helps subscribers to:

  • Develop pricing and market entry strategies
  • Maximize returns along the value chain
  • Perform competitive intelligence assessments
  • Identify new applications and business development opportunities
  • Develop strategic plans
  • Focus product/service offerings and target markets

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Global Business Outlook for Brightstocks

Global Business Outlook for Brightstocks

Regional Coverage: Asia-Pacific, North America, South America, Europe, Africa and the Middle East

Base Year: 2020
Published: Q1 2021

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Base Year: 2022
Published: April 2023

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The supply of brightstocks continues to dwindle due to Group I plant closures driven by capacity overhang, technical obsolescence, and refiners’ recent pursuit of sustainability goals. Moreover, various substitutes such as Group II brightstocks and PIB are emerging. This report will focus on key trends, developments, challenges, and business opportunities in the global brightstock market.


  • Current and forecast demand for brightstocks
    • — By application
    • — By region
    • — By brightstock type*
  • Current and forecast supply for brightstocks
    • — By supplier
    • — By region
    • — By brightstock type*

*Includes conventional Group I brightstocks, naphthenic brightstocks, and alternate brightstocks (Group II)

  • Potential shortfalls in the brightstock market
  • Potential substitutes for brightstocks in various applications
  • A comparative assessment of technical and economic feasibility of substitution by various alternatives

Includes an Excel-based supply-demand model

Table of Contents


Executive Summary

An overview of the report findings, plus a forecast based on Kline’s FutureView Forecasting Model

Current and Forecast Demand

  • Current formulation approaches and brightstock demand by lubricant product
  • Demand by application and region
  • Lubricant demand outlook and changes in formulation
  • Brightstock demand outlook by application, region, and brightstock type

Current and Forecast Supply

  • Current brightstock supply by brightstock type, region, and producer
  • Anticipated changes in brightstock capacity and resultant brightstock supply by brightstock type, region, and producer
  • A discussion on market trends shaping brightstock capacity

Supply-Demand Balance

  • Current and projected supply-demand balance by region and brightstock type

Substitute Products

Supply and availability of different substitutes, their technical performance and pricing vis-à-vis brightstocks

  • Polyalphaolefins (PAO)
  • Polyisobutylenes (PIB)
  • Polyalkylene glycols (PAG)

Market Evaluation and Outlook

  • Business outlook, opportunities, and challenges for brightstock suppliers and blenders
  • Barriers for entry for substitutes

Supplier Profiles

  • A brief profile of key brightstock suppliers (listed in table 1)
Ergon PBF Energy
HollyFrontier Petrobras
IRPC Shell
Luberef CEPSA

Forecast period: 2022 to 2032

Report Benefits

This syndicated report is designed to provide an objective and thorough analysis of brightstock supply and demand, the emerging supply gap, and potential substitutes. Subscribers will be able to identify potential market opportunities and threats. The study also:

  • Serves as a useful tool to quickly learn the dynamics of brightstock market and assists in making business decisions
  • Offers valuable insights and information on business opportunities and threats
  • Helps subscribers recognize the likely shortfall in brightstock supply and identify suitable options to make up for the shortfall

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Bio-Lubricants: Market Analysis and Opportunities

Bio-Lubricants: Global Market Analysis and Opportunities

Base Year: 2021
Published: Q4 2022
Regional Coverage: Americas, Asia, Europe

A comprehensive analysis examining the opportunities and challenges in the bio-lubricants market, this report also assesses key lubricant product categories where the use of bio-lubricants is rapidly growing and evaluates the various market forces driving growth. The effect of sustainability efforts and the impact of COVID-19 on the bio-lubricant market are also examined.


  • Overall bio-lubricants demand in key country markets in the base year and five-year outlook
  • Environmental regulations, government mandates, and labeling for bio-lubricants
  • Demand by key end-use applications and products
  • Key suppliers of bio-lubricants
  • Leading bio-based lubricant basestock manufacturers
  • Growth drivers and restraints
  • Market outlook for key bio-based basestocks
  • Effect of sustainability-related market disruptors on bio-lubricants demand
  • Market opportunities and threats

Covers the impact of sustainability agenda

Table of Contents

Overall Market

  • Definition of bio-lubricants
  • Key bio-lubricants product categories and comparison with petro-lubricant categories
  • Key bio-lubricants basestocks suppliers
  • Key bio-lubricants manufacturers, their product offerings, and their focus markets
  • Market trends derived from the COVID-19 pandemic and sustainability efforts
  • Product developments and future trends
    pandemic and sustainability efforts
  • Key end-use applications
  • Growth drivers and outlook

Key Bio-Lubricants Markets

  • Brazil
  • Canada
  • China
  • France
  • Germany
  • Italy
  • Nordic countries
  • South Korea
  • United Kingdom
  • United States

Basestocks Used in Bio-Lubricants Formulations

  • Polyalkylene glycols (PAGs)
  • Polyalphaolefins (PAO)
  • Synthetic Esters
  • Bio-based Synthetic Hydrocarbons (including suppliers’ profiles)

Each country profile will cover the following:

  • Market summary
  • Finished lubricants demand overview
  • Regulatory framework regarding bio-lubricants and industry standards bio-lubricants specifications and
    products standards
  • Bio-lubricants specifications and products standards
  • Bio-lubricants basestock demand
  • Key end-use applications
  • Key product categories
  • Pricing of select bio-lubricant
  • Key trends in end-use segments
  • Brief profiles of select bio-lubricants
  • Growth drivers and restraints
  • Bio-lubricants demand outlook by end-use application and product type
  • Key opportunities and appraisal

Report Benefits

This report is designed to help subscribers understand the key dynamics of the fast-growing, high-value bio-lubricants market. It will help subscribers:

  • Evaluate the major global bio-lubricants players and their products to identify gaps in product portfolios and evaluate new product introductions
  • Develop business strategies by understanding the economic, technological, and legislative trends shaping and driving the global bio-lubricants market
  • Identify the bio-lubricants market segments poised for strong growth

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