Product
Polyalphaolefin (PAO) Price Trend and Forecast
Polyalphaolefin (PAO) Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of PAO in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The price trends of PAO (Polyalphaolefin) registered a fluctuating pattern throughout the said period in the Asian market. The Indian automotive industry suffered owing to the trade restrictions, supply shortages and higher operating costs, hence the prices in the Indian market slipped averaging 4885 USD/MT.
However, in the Chinese domestic arena, the automotive industry kept stable owing to the muted demand with the price of PAO averaging 3515 USD/MT. However, the prices soon stabilized during the second quarter as trade and port congestion relaxed owing to which the feedstock prices stabilized. Hence, the booming demand from the automotive industry caused the PAO prices to increase.
Europe
The European market closely followed its Asian counterpart. The prices dipped during the first quarter and stabilized during the second quarter. Suffering from the direct consequences of the Russian invasion of Ukraine, the entire European region registered double-digit inflation.
These inflated prices discouraged the automotive sector and hence the price of PAO suffered averaging 4170 USD/MT. However, the prices stabilized towards the second quarter as the feedstock prices relaxed with the arrival of substitute shipments from other regions.
North America
The price trends for PAO kept strong throughout the year’s first half due to the unaffected demands from the resource-hungry automotive sector. The price of polyalphaolefins averaged 3260 USD/MT during the said period in the US domestic market.
Procurement Resource provides latest prices of Polyalphaolefin (PAO). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Polyalphaolefin (PAO) is by far the most significant synthetic base oil used in commercial and automotive lubricants. Since it closely resembles the best hydrocarbon (branched) structure found in mineral oils, it is referred to as a synthetic hydrocarbon (SHC). There are no ring structures, double bonds, sulphur, nitrogen, or waxy hydrocarbons in PAO.
The absence of these components or structures produces an exceptionally non-polar base oil with a high viscosity index of about 130, superior low-temperature flow, strong oxidation stability, outstanding pour-point characteristics, and compatibility with mineral oils, paints, and seals frequently found in lubricating oil systems.
Product Details
| Report Features | Details |
| Product Name | Polyalphaolefin (PAO) |
| HS CODE | 39029000 |
| CAS Number | 151006-60-9 |
| Industrial Uses | Used in industrial and automotive lubricants, As a coolant in radiators |
| Chemical Formula | (CH2CHR)n |
| Synonyms | Hydrogenated polydecene |
| Molecular Weight | Variable |
| Supplier Database | Exxon Mobil Corporation, INEOS, Chevron Phillips Chemical Company LLC, Lanxess Group |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of PAO from Polymerization
In this process, polyalphaolefin is produced by polymerization of alpha olefin.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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