Global Compressor Oils Market Growth 2023-2029
Compressor oils are specially formulated fluids that provide lubrication to the moving metal parts of the air compressor. The type of oil to be used depends upon the demand of the compressor and the gas to be compressed.
LPI (LP Information)' newest research report, the “Compressor Oils Industry Forecast” looks at past sales and reviews total world Compressor Oils sales in 2022, providing a comprehensive analysis by region and market sector of projected Compressor Oils sales for 2023 through 2029. With Compressor Oils sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compressor Oils industry.
This Insight Report provides a comprehensive analysis of the global Compressor Oils landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compressor Oils portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Compressor Oils market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compressor Oils and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compressor Oils.
The global Compressor Oils market size is projected to grow from US$ 8485.8 million in 2022 to US$ 10350 million in 2029; it is expected to grow at a CAGR of 10350 from 2023 to 2029.
Compressor oils avail various applications like performance improvement, protective surface film to decrease friction, serves as a sealing fluid, minimizes the deposition of harmful compounds, absorb the heat of compression as direct contact coolant, and others. The use of compressor oils provide different advantages such as high film strength, reduces energy consumption, longer oil life, corrosion resistance, synthetic solvency, and others.
This report presents a comprehensive overview, market shares, and growth opportunities of Compressor Oils market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Positive Displacement Compressor
Dynamic Compressor
Segmentation by application
Manufacturing
Oil & Gas
Power
Automotive
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IndiaOil
Hindustan Petroleum
Bharat Petroleum
BP (Castrol)
Ashland (Valvoline)
Shell
Gulf
Apar Industries
Savita Chemicals
Raj Petro Specialities
ExxonMobil
Chevron
Dow Cornning
Total
IR
FUCHS
Amsoil
BASF
JX
Klüber Lubrication
Palco
ENEOS
IDEMITSU
Eastern Petroleum
AVI-OIL
PETRO-CANADA
ULTRACHEM
Novvi
Key Questions Addressed in this Report
What is the 10-year outlook for the global Compressor Oils market?
What factors are driving Compressor Oils market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Compressor Oils market opportunities vary by end market size?
How does Compressor Oils break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.