Title: sujeetnakade1995 (7)
1Global Compressor Oil Market Industry Trends
and Forecast to 2026
Global Compressor Oil Market By Compressor Type
(Positive Displacement, Dynamic), Base Oil Type
(Synthetic Compressor Oil, Semi-Synthetic
Compressor Oil, Mineral Compressor Oil, Bio-Based
Compressor Oil), Applications (Gas Compressor,
Air Compressor), End- User (General
Manufacturing, Construction, Oil Gas, Mining,
Chemical Petrochemical, Power Generation,
Automotive, Others), Geography (North America,
South America, Europe, Asia-Pacific, Middle East
and Africa) Industry Trends and Forecast to 2026
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2Report Description
Global Compressor Oil Market is expected to rise
from its initial estimated value of USD 3.90
billion in 2018 to an estimated value of USD 5.87
billion by 2026, registering a CAGR of 5.25 in
the forecast period of 2019-2026. Increasing
demand for good quality compressor oil is driving
the growth of this market. Compressor oil is one
of the important components in air condition
system which uses oil for three purposes
lubrication, removal of heat and for sealing.
They are usually used to improve the performance,
efficiency, minimization of harmful compounds
etc. Increasing demand of compressor oil from
various industries like construction, oil and
gas, mining etc. is the major factor fueling the
market.
3Major Key Players
- Some of the major players operating in this
market are - Royal Dutch Shell
- Exxon Mobil Corporation.,
- BP plc..,
- Chevron Corporation,
- Total,
- China Petrochemical Corporation.,
- LUKOIL, Indian Oil Corporation Ltd,
- FUCHS, Idemitsu Kosan Co. Ltd.,
- Petroliam Nasional Berhad (PETRONAS) (20076-K),
- The Dow Chemical Company,
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4Market Segmentation
- By Compressor Type (Positive Displacement,
Dynamic) - By Base Oil Type (Synthetic Compressor Oil,
Semi-Synthetic Compressor Oil, Mineral Compressor
Oil, Bio-Based Compressor Oil) - By Applications (Gas Compressor, Air Compressor)
- By End- User (General Manufacturing,
Construction, Oil Gas, Mining, Chemical
Petrochemical, Power Generation, Automotive,
Others) - By Geography (North America, South America,
Europe, Asia- Pacific, Middle East and Africa
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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