Product Code: ETC6188648 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The polyalkylene glycol base oil market in Australia is expanding gradually, propelled by the demand for high-performance lubricants in automotive and industrial applications. PAG oils are favored for their biodegradability and excellent thermal stability, aligning with Australia`s environmental regulations and green manufacturing goals.
Australias PAG base oil market is expanding in applications like automotive lubricants and industrial fluids due to the superior performance of PAG in high-temperature environments. Environmental regulations promoting biodegradable lubricants are spurring demand for synthetic base oils like PAGs.
The PAG base oil market in Australia is confronted with the dual challenges of high production costs and limited awareness of the product`s advantages over conventional mineral and synthetic oils. Although PAG oils offer superior thermal stability and biodegradability, their adoption is hindered by a lack of education among end-users. The market is also affected by fluctuating crude oil prices and stringent environmental regulations that increase compliance costs for manufacturers.
The push for environmentally friendly lubricants in Australia supports investment in PAG base oils. Market opportunities lie in producing synthetic lubricants for industrial and automotive use, focusing on formulations that meet stringent environmental and performance standards.
Policies from the Department of Climate Change, Energy, the Environment and Water affect the PAG base oil market through environmental regulations on industrial lubricants. The Australian Industrial Chemicals Introduction Scheme (AICIS) oversees chemical safety assessments and import approvals. Energy efficiency standards for machinery and automotive applications further shape demand for high-performance PAG-based products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Polyalkylene Glycol (PAG) Base Oil Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Polyalkylene Glycol (PAG) Base Oil Market - Industry Life Cycle |
3.4 Australia Polyalkylene Glycol (PAG) Base Oil Market - Porter's Five Forces |
3.5 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Polyalkylene Glycol (PAG) Base Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Polyalkylene Glycol (PAG) Base Oil Market Trends |
6 Australia Polyalkylene Glycol (PAG) Base Oil Market, By Types |
6.1 Australia Polyalkylene Glycol (PAG) Base Oil Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Conventional Water Insoluble, 2021- 2031F |
6.1.4 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Water-soluble, 2021- 2031F |
6.2 Australia Polyalkylene Glycol (PAG) Base Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Hydraulic Oil, 2021- 2031F |
6.2.3 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Gear Oil, 2021- 2031F |
6.2.4 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Compressor Oil, 2021- 2031F |
6.2.5 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Metal Working Fluids, 2021- 2031F |
6.2.6 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Greases, 2021- 2031F |
6.2.7 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Polyalkylene Glycol (PAG) Base Oil Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.4 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.5 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Tooling & Industrial Equipment, 2021- 2031F |
6.3.6 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By HVAC & Refrigeration, 2021- 2031F |
6.3.7 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Polyalkylene Glycol (PAG) Base Oil Market Import-Export Trade Statistics |
7.1 Australia Polyalkylene Glycol (PAG) Base Oil Market Export to Major Countries |
7.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Imports from Major Countries |
8 Australia Polyalkylene Glycol (PAG) Base Oil Market Key Performance Indicators |
9 Australia Polyalkylene Glycol (PAG) Base Oil Market - Opportunity Assessment |
9.1 Australia Polyalkylene Glycol (PAG) Base Oil Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Polyalkylene Glycol (PAG) Base Oil Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Polyalkylene Glycol (PAG) Base Oil Market - Competitive Landscape |
10.1 Australia Polyalkylene Glycol (PAG) Base Oil Market Revenue Share, By Companies, 2024 |
10.2 Australia Polyalkylene Glycol (PAG) Base Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |