We use cookies for a better user experience. Read our Privacy Policy

I Agree

PAG Base Oil Market to Expand at a CAGR 3.8% Due to Growing Government Support

Chemicals And Materials |

Transparency Market Research (TMR) investigates that the global PAG base oil market has a competitive vendor landscape. The key players in the global polyacrylamides market are united as the limited number of players operating globally. Companies including BASF SE, Ashland Inc., Bio-Rad, Kemira Inc., and SNF Group are some of the prominent players accounting for a leading share in the PAG base oil market.

According to TMR, the global PAG base oil market is estimated to expand at a CAGR of 3.8 % over the forecast period from 2017 to 2025 to attain a value of US$1,623.0 mn by 2022-end. The market stood at US$1,343.8 mn in the year 2017.

Global PAG Base Oil Market

Widening Applications of the PAG Base Oil to Propel Market’s Growth

PAG oils have diverse properties that make them fitting for grouped amassing and mechanical applications. Owing to the water dissolvable nature, these frameworks are more straightforward and this will impact PAG base oil to be exceedingly supported over various ventures. In like manner, PAG base oil are shear stable and gives high consistency, which makes them proper for certain applications. These warmth confirmation and vitality compelling PAG base oils are finding various applications in endeavors and this boosting the improvement of the market over the globe.

Demand for the Flame resistant to propel market growth

PAG base oils offer various points of interest which is boosting their interest. A portion of these points of interest are: mileage security, warm strength, low contact and high burden passing on breaking point. The reliable undertakings taken by market players for inventive work with an intend to achieve advancement and bleeding edge development is further giving rich market opportunity. On account of such exercises, flame resistant ester-based oils have been made and used in view of water driven battery packs keeping the ultimate objective to help high weight and temperature. This warmth verification oil is also used over a plenty of enterprises. Besides, the low unusualness under high temperature and insurance from the improvement of development and stores is impacting PAG to base oils to be reasonable to be utilized in various applications.

This information is encompassed in the report by TMR, titled, “PAG Base Oil Market (Product - Water Soluble PAG Oils and Water Insoluble PAG Oils; End-use Sector - Industrial Tooling and Equipment, HVAC and Refrigeration Equipment, and Automotive; Application - Compressor Lubricants, Worm Gear Lubricants, Anhydrous Fire Resistant Hydraulic Fluid, and Metal Working Fluid; Sales Channel - OEM and Aftermarket) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022.”

For the study, the PAG base oil market has been segmented as follows:


  • Water Soluble PAG Oils
  • Water Insoluble PAG Oils


  • Industrial Tooling and Equipment
  • HVAC and Refrigeration Equipment
  • Automotive


  • Compressor Lubricants
  • Worm Gear Lubricants
  • Anhydrous Fire Resistant Hydraulic Fluid
  • Metal Working Fluid

Sales Channel

  • OEM
  • Aftermarket


  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Australia
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of Middle East & Africa

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.


90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Saudi Arabia Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com 
Website: https://www.transparencymarketresearch.com


Copyright © Transparency Market Research, Inc. All Rights reserved