Polyolester Market

By Application;

Automotive Crankcase Material, Gear Oils, Fire-Resistant Hydraulic Fluids, Carrier Fluids, Food Contact Material, Environmentally Acceptable Hydraulic Fluid & Lubricants, Heat Transfer Fluids, Quenchants, Breathing Air Compressor Material, Air Compressor Material, Vacuum Pump, Instrument Oil, Seal Swellants, Textile Lubricants, Dielectric Fluids and Drilling Fluids

By End User;

Food & Beverages, Chemical, Machinery, Electrical & Electronics, Automotive, Marine, Aerospace, Textile, Mining, Utilities, Construction and Miscellaneous Manufacturing

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn573721476 Published Date: September, 2025 Updated Date: October, 2025

Polyolester Market Overview

Polyolester Market (USD Million)

Polyolester Market was valued at USD 3,580.54 million in the year 2024. The size of this market is expected to increase to USD 5,225.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.


Polyolester Market

*Market size in USD million

CAGR 5.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.6 %
Market Size (2024)USD 3,580.54 Million
Market Size (2031)USD 5,225.84 Million
Market ConcentrationMedium
Report Pages336
3,580.54
2024
5,225.84
2031

Major Players

  • ZSCHIMMER & SCHWARZ
  • Purinova Sp. z o.o.
  • Ultrachem, Inc
  • Calumet Specialty Products Partners, L.P
  • Vantage Specialty Chemicals
  • Huntsman International LLC
  • LANXESS
  • Exxon Mobil Corporation
  • Comstar International Inc
  • Teknor Apex;
  • Croda International Plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyolester Market

Fragmented - Highly competitive market without dominant players


The Polyolester (POE) Market is gaining strong momentum as demand rises from refrigeration, automotive, and industrial sectors. Over 48% of adoption is driven by refrigeration and air-conditioning applications due to the shift toward eco-friendly refrigerants. The excellent thermal stability and lubricity of POEs make them a preferred choice over conventional oils.

Rising Demand in Refrigeration
The global transition to low-GWP refrigerants is significantly boosting POE adoption. Nearly 52% of HVAC manufacturers use polyolesters as lubricants for hydrofluorocarbon and hydrofluoroolefin systems. Their compatibility with environmentally safer refrigerants strengthens their market positioning.

Automotive Sector Contribution
The expansion of electric vehicles (EVs) and hybrid cars is also accelerating POE demand. Studies reveal that about 40% of EV manufacturers rely on POE lubricants for cooling compressors, ensuring energy efficiency and long component life. This has widened the scope of polyolester usage beyond traditional applications.

Industrial and Aviation Applications
Industries such as aviation, chemical processing, and manufacturing are also adopting POEs for high-temperature lubrication. Reports indicate that almost 35% of turbine and compressor systems in industrial settings use POEs for their superior oxidative stability and extended service intervals.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application

    2. Market Snapshot, By End User

    3. Market Snapshot, By Region

  4. Polyolester Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automotive Demand
        2. High-Performance Lubricants
        3. Aerospace Applications
      2. Restraints
        1. High Cost
        2. Raw Material Availability
        3. Complex Production Processes
      3. Opportunities
        1. Emerging Markets
        2. Innovative Applications
        3. Green and Sustainable Products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Polyolester Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive Crankcase Material
      2. Gear Oils
      3. Fire-Resistant Hydraulic Fluids
      4. Carrier Fluids
      5. Food Contact Material
      6. Environmentally Acceptable Hydraulic Fluid & Lubricants
      7. Heat Transfer Fluids
      8. Quenchants
      9. Breathing Air Compressor Material
      10. Air Compressor Material
      11. Vacuum Pump
      12. Instrument Oil
      13. Seal Swellants
      14. Textile Lubricants
      15. Dielectric Fluids
      16. Drilling Fluids
    2. Polyolester Market, By End User, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Chemical
      3. Machinery
      4. Electrical & Electronics
      5. Automotive
      6. Marine
      7. Aerospace
      8. Textile
      9. Mining
      10. Utilities
      11. Construction
      12. Miscellaneous Manufacturing
    3. Polyolester Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. The Lubrizol Corporation
      2. ExxonMobil Chemical
      3. Shell Chemicals
      4. BASF SE
      5. Evonik Industries AG
      6. TotalEnergies (TotalEnergies Corbion)
      7. Voyant Lubricants (Lubrizol)
      8. Jiangsu Qingyi Lubricant Co., Ltd.
      9. KLJ Group (Kingland Jiahua)
      10. Foran Chemical Co., Ltd.
      11. Isoil Industria (Feralpi Group)
      12. Croda International plc
      13. Stepan Company
      14. Solvay S.A.
      15. Clariant AG
  7. Analyst Views
  8. Future Outlook of the Market