Topic: Petroleum Specialties

PAO Market Outlook in the Age of Electrification

PAO Market Outlook in the Age of Electrification: ​Global Market Analysis and Opportunities​

Base Year: 2020
On Client Request
Regional Coverage: Global

The electric vehicle (EV) market is currently small but growing quitebriskly. The EV market will have an impact on the demand for engine oils since battery EVs (BEVs) do not use engine oils. This presents a growing threat to basestocks, including mineral-based and Group IV (or PAO) used to blend engine oils. This report analyzes how demand for PAOs will be impacted over the next 20 years, given the growing role of EVs. The report also discusses the growing opportunities for PAOs in alternate applications created by the proliferation of EVs.

Table of Contents

Introduction

Various megatrends impacting finished lubricant demand

  • Electric mobility
  • Ride sharing
  • Sustainability and green hydrogen

    • PCMO formulation outlook
    Drivers of engine oil viscosity shifts
    Supply of Group III/III+ basestocks and PAO

    PAO demand: Current and outlook
    Supply and availability of different substitutes, their technical performance and pricing vis-à-vis brightstocks

    • By region
    • By application
    • By viscosity grade

    Emerging applications of PAOs in electric vehicles

    • Key properties of electric fluids and comparison of PAO vis-àvis other competing products
    • Current status of electric vehicle fluid market and outlook

    Report Benefits

    This report serves as an excellent resource for lubricant basestock marketers, additive
    companies, and lubricant blenders. Specifically, this report assists subscribers by:

    • Developing an understanding of drivers and barriers for electrification and the likely penetration of EVs
    • Providing the impact analysis of electrification on global engine oil demand and the resultant impact on PAO.
    • Presenting the outlook for PAO in context of reducing demand from engine oils and potential demand for application in EV fluids

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    Global Fuel Additives: Market Analysis and Opportunities

    Global Fuel Additives: Market Analysis and Opportunities

    Base Year: 2022
    Published: December 2022
    Regional Coverage: Asia, Europe, North America, South America

    This report is a comprehensive analysis of the global market for fuel additives, covering the impact of COVID-19, de-carbonization strategies, emerging fuels, new regulations, and changing customer behavior on the fuel market. It examines fuel additive demand by additive and fuel type and covers the impact of market and technology trends, regulations, and emerging fuels. Leading marketers, market developments, challenges, and business opportunities are also evaluated.

    Scope

    • Demand for fuel additives at the global level and by region for base year plus a five-year forecast
    • Demand for fuel additives by fuel type, point of application, and fuel additive component such as detergents, cetane improvers, and lubricity improvers
    • Demand for key fuel additive components by chemistries
    • Regulatory issues

     

    • Emerging fuels (biodiesel, ethanol, hydrotreated vegetable oil (HVO), and e-fuels)
    • Impact of electric vehicles on fuel and fuel additives demand
    • Competitive landscape and assessment of leading suppliers
      • — Sales of key fuel additive components by suppliers
    • Demand drivers and restraints and demand outlook
    • Analysis of market opportunities, challenges, and attractiveness

    Report Contents

    Introduction

    Executive Summary

    • An overview of key findings

    Global Fuel Market

    • Global overview
    • Regulations
    • Global fuel demand growth
    • Fuel demand outlook

    Global Fuel Additives Market

    • Global overview
    • Market categories
    • Leading suppliers
    • Fuel additive components
    • Outlook

    Regional Fuel Additive Market Profiles
    Detailed profiles of Asia (China, India, and Japan); Europe (European Union); North America; and South America (Brazil) are provided, including the following information:

    • Regional overview
    • Fuel market
    • Fuel additive demand
    • Fuel additive suppliers
    • Market outlook

    Supplier Profiles
    Detailed profiles of the companies listed in Table 2 will be provided, including the following information:

    • Fuel additives business background
    • Products
    • Estimated sales
    • Channels
    • Manufacturing
    • R&D
    • SWOT analysis
    TABLE 1. FUEL ADDITIVE COMPONENTS
    Antifoaming ​Detergent/dispersant​​
    Antimisting​​​​​ Drag reducing agent​​​​​
    Anti-icing Dyes and markers​​​​
    ​​Antiknock Lubricity improvers​​​​
    Antioxidant Metal deactivators​​​​
    Cetane improver Stabilizers​​​​
    Cold-flow improver Octane enhancer​​​​
    Corrosion inhibitor Organometallic additives
    Conductivity improvers Other fuel additives
    Demulsifier
    TABLE 2.  COMPANIES PROFILED
    Afton Chemical Company Innospec
    BASF​ Lubrizol
    VeryOne Oronite​​​​
    ​​Infineum Resellers and aftermarketers​​​​

    Report Benefits

    This report helps subscribers identify opportunities within the global fuel additives industry in the context of changing regulations, customer preferences, and de-carbonization objectives of fuel markets. The impact of emerging fuel types is also covered. The report also serves as an invaluable tool in the strategic planning process. Specifically, it assists subscribers by providing:

    • A highly reliable and independent assessment of global fuel additive consumption by component and market share
    • An examination of business opportunities globally in mature and emerging markets, new product developments, and channels to market
    • An unbiased appraisal of market trends and emerging applications

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    wax industry

    Global Wax Industry: Market Analysis and Opportunities

    Global Wax Industry: Market Analysis and Opportunities


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

    Base Year: 2021 / Plus 2020 estimates
    Forecasts to: 2025 and 2030
    Published: December 2021
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    Base Year: 2022
    Forecasts to: 2027 and 2032
    To be Published: Q3 2023
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    The global supply of petroleum wax, which is derived from Group I basestock production, is declining. This is creating a vacuum in the wax market, which is increasingly being filled by synthetic and vegetable waxes. Wax demand in fast-growing markets such as PVC, paints, coatings, and adhesives is increasing, while the demand is slowing down in traditional wax applications such as candles and board sizing. Wax end users are increasingly looking to include sustainable waxes in their production line to reduce their carbon footprints. This is expected to strengthen the transition in the wax industry toward low-carbon-intensive waxes.

    Scope

    • Detailed market profile for petroleum waxes, including FRP, SRP, slack wax, microcrystalline waxes, and petrolatum/petroleum jelly.
    • Detailed market profile for FT waxes, polymer waxes, LAO waxes, and vegetable-/plant-derived waxes
    • Market dynamics for the leading wax applications, detailing wax demand in each application by wax type
    • Global and regional wax supply and demand outlook by wax type
    • Analysis of wax positioning and pricing
    • Recognition and interpretation of market trends, evaluating growth drivers and restraints
    • Identification of market opportunities and challenges
    • Detailed wax market model, mapping supply and demand by application for key wax types

    NOW FEATURING WAX MARKET MODEL

    Table of Contents

    Introduction

    Executive Summary

    An overview of the report findings, plus forecast based on Kline’s Global Wax Market Model

    Profile of Regional Markets

    Detailed regional profiles of Asia-Pacific, Europe, North America, Latin America, and Africa and the Middle East cover the following information:

    • Wax supply
    • Wax demand
    • Wax supply–demand balance and trade
    • Wax pricing and inter-material competition
    • Market outlook opportunities and threats

    Wax Market Profiles 

    Detailed wax market profiles will be provided for:

    • Petroleum waxes – FRP, SRP/scale, slack
    • Petrolatum/Petroleum Jelly
    • Microcrystalline wax
    • Polyolefin
    • Fischer-Tropsch
    • Alphaolefin
    • Vegetable and plant waxes

    Each of the above wax profiles will cover the following information:

    • Wax supply
    • Wax applications and demand
    • Wax pricing
    • Wax supply-demand outlook
    • Wax market outlook, opportunities, and threats

    Wax Positioning, Pricing, and Inter-Material Competition 

    • Historical wax pricing trends
    • Current wax pricing by wax type

    Wax Market Model

    A detailed Excel model mapping supply and demand for petroleum, synthetic, and vegetable- and plant-based waxes for 2022, 2027, and 2032

    Report Benefits

    This report serves as an invaluable tool in the strategic planning process for wax producers, blenders, formulators, marketers, and other market participants by identifying opportunities and challenges within this industry. Specifically, it will assist subscribers in:

    • Understanding the future growth potential by analyzing the current and projected supply of petroleum waxes, synthetic waxes, and vegetable and plant waxes​
    • Understanding wax pricing and positioning trends, as well as gauging the inter-material competition among key wax types
      ​
    • Evaluating the current demand and growth potential in key applications, thus identifying opportunities and challenges for wax industry participants

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    Global Lubricant Additives: Market Analysis and Opportunities

    Global Lubricant Additives: Market Analysis and Opportunities


    Regional Coverage: Global

    Base Year: 2020
    Published: May 2021
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    Base Year: 2022
    Published: April 2023
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    This report is a comprehensive analysis examining the global lubricant additives market. The lubricant additives industry has been challenged by supply chain issues, rising costs, and developing the next generation of EV lubricants. The study will look at the key trends, developments, changes, challenges, and business opportunities in the lubricant additives market.

    Scope

    • Lubricant additive demand by application, function, and chemical class
    • Lubricants demand by region and five-year forecast
    • Typical additive formulations and treat rates for different lubricants products and regional variances
    • Impact of new specifications, baseoil shifts, and EV fluids on lubricant additive formulations
    • Overview of the lubricant additive supply chain from component suppliers to additive package companies
    • Profiles of leading lubricant additive suppliers including emerging suppliers
    • Assessment of market opportunities and challenges

    Emerging EV fluids Covered

    Table of Contents

    Introduction

    Executive Summary

    An overview of the report

    Additives by Lubricant Application

    The lubricant additives market for 23 automotive and industrial product categories will be analyzed, covering:

    • Additive function and type used
    • Typical additive formulations
    • Current and future additive consumption
    • Additive consumption by type and chemistry
    • Market trends and opportunities
    • Market outlook

    Additives by Function Class

    Lubricant additive function classes listed in Table 1 will be analyzed, covering:

    • Performance properties
    • Chemical categories
    • Consumption by chemical category and region
    • Market trends and opportunities
    • Market outlook

     

    Table 1: Additive Classes Covered​
    Antioxidants​​ ​​Extreme-pressure, anti-wear, anti-seize​
    Corrosion inhibitors​​​​​ ​Friction modifiers​​​​​
    Detergents​​​​ ​​Pour-point depressants​​​​
    Dispersants​​​​​ ​​​Viscosity modifiers​​​​​
    Emulsifiers​​​​​ ​​Other additives​​​​​

    Supplier Profiles

    Lubricant additive suppliers listed in Table 2 will be profiled, covering:

    • Company background
    • Corporate structure
    • Recent R&D projects
    • Plants and facilities
    • Product portfolio
    • Estimated annual sales
    • Company evaluation

     

    Table 2: Suppliers Covered​
    Afton Chemical Corporation​​ Infineum​​
    BASF​​​​​ ​​​​​Jinzhou Kangtai
    BRB​​​​​ ​​​​​King Industries
    Chevron Oronite​​​​​ Lanxess (Includes Rhien Chemie, Chemtura)​​​​​​​​​​
    Croda​​​​​ Lubrizol
    Daelim​​​​​ ​​​​​Metall-Chemie
    DOG Chemie​​​​​ ​​​​​Richful
    Dorf Ketal​​​​​ RT Vanderbilt​​​​​
    Dover Chemical​​​​​ SANYO​​​​​
    Elco​​​​​ ​​​​​Tianhe Chemical Group
    ENI​​​​​ Wuxi South Petroleum​​​​​
    Evonik​​​​​

    Report Benefits

    This report serves as an excellent resource for additive manufacturers and lubricant formulators and marketers. Specifically, it assists subscribers by providing:

    • Insights and trends in the lubricant additives market to help develop business strategies and product plans around new challenges faced by the industry
    • Understanding of how regulations, new specifications, and the transition to EVs will influence the lubricant additives industry
    • Profiles of leading additive companies to help evaluate key competitors and potential partners

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