Press release
Europe Polyalkylene Glycol (PAG) Base Oil Market Size to Surpass USD 1,672,566.10 thousand with a Growing CAGR of 3.2% by 2029, Share, Trends, Growth Strategies and Competitive Analysis
The PAG oils have high viscosity index, good water solubility, shear stability, and less volatility under high temperatures. Later, polyalkylene glycol (PAG) base oils began to see extensive use as textile lubricants and as quenchants in metal heat treating. Data Bridge Market Research analyses that the Europe polyalkylene glycol (PAG) base oil market is expected to reach USD 1,672,566.10 thousand by the year 2029, at a CAGR of 3.2% during the forecast period. "Conventional (water insoluble)" accounts for the most prominent product segment in the respective market, owing to the demand for PAGs in the automotive industry. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/europe-pag-base-oil-market
Some of the major players operating in the Europe polyalkylene glycol (PAG) base oil market are TotalEnergies, Phillips 66 Company, Exxon Mobil Corporation, Royal Dutch Shell plc, Denso Corporation, BASF SE, Eni Oil Products, Chevron Corporation, FUCHS, Croda International Plc, FUCHS, Hornett Bros & Co Ltd., PETRONAS Lubricants International, LIQUI MOLY GmbH, Morris Lubricants, Ultrachem Inc., Idemitsu Kosan Co., Ltd., among others.
Competitive Landscape and Europe Polyalkylene Glycol (PAG) Base Oil Market Share Analysis
The Europe polyalkylene glycol (PAG) base oil market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies' focus on the Europe polyalkylene glycol (PAG) base oil market.
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