The global compressor oil was valued at $7.2 billion in 2018 owing to the increasing adoption of these oils from several industrial domains. Moreover, vacuum pump and air compressor requires compressor oil to attain maximum performance, uptime and for longer duration. Compressor oil is a considered to be crucial constituent for any air conditioning structure and is further used for reducing heat, repairing machines, lubrication and reduced downtime. Furthermore, the various advantages associated with the adoption of compressor oil include refining the inclusive performance of equipment, decreasing friction and further protecting surface films.
Furthermore, low maintenance cost, high performance capability of compressor oils, cost optimization, and easy accessibility of these oils are key factors strengthening the growth of the compressor oil market globally.
Increasing requirement among manufacturers pertaining to cost optimization is the key factor driving the growth of the global compressor oil market. Lubricating is considered to be a crucial method in execution of cost optimization methods and there are several shut down being witnessed form the rotary screw gas compressor owing to wear in the gas solubility and viscosity. Furthermore, adoption of lubricants in sealing and cooling of internal components of appliance thus eliminates the risk of wear and tear and thereby promotes effective functioning of equipment. However, use of oil-free compressors in several industries is the key factor hindering the growth of the global compressor oil market significantly.
Compressor oil market forecast 2019 – 2029 estimates the historical market size in terms of consumption as well as revenue generated by the industry players across the globe. It offers the opportunity analysis along the value chain for the compressor oil manufacturers. Also, the report offers the vendor analysis along with price trend which provides an edge to the stakeholders especially manufacturers to create a better understanding of the market. oil & gas, manufacturing, automotive, power generation, chemical and petrochemical, and other industry players benefit from the product benchmarking and matrix helping them to take right decision in choosing the right product with optimum prices suited for their end use applications.
The reports provide the analysis based on compressor, base oil, and end user segment. On the basis of compressor, the global compressor oil market is segmented into dynamic and positive displacement. Among the two compressors, positive displacement is anticipated to generate larger revenue throughout the estimated period owing to extensive acceptance of positive displacement compressor from several manufacturing domains such as petrochemical, construction & mining, metal production, and chemical. A positive displacement compressor performs functioning in an efficient manner regardless of outlet compression and thereby ensures persistent flow.
Based on base oil, the global compressor oil market is categorized into semi-synthetic, mineral, bio-based, and synthetic. Among all these segments, synthetic oil segment is anticipated to hold the largest share in the global compressor oil market in terms of revenue between 2019 – 2029. Synthetic oil provides improved performance and protection efficiency as compared to other conventional blend oils. Moreover, ability to reduce tear, shielding against high temperatures, battling deposit build up, and sludge along with controlling oil breakdown are key features rendered by synthetic oils that thereby make them popular for increasing uses and acceptance in several industry domains.
On the basis of end user, the global compressor oil market is classified into oil & gas, manufacturing, automotive, power generation, chemical and petrochemical, and others. Among these segments, chemical and petrochemical sector is estimated to be the fastest growing end user industry in terms of volume during the forecast period. The growth of this segment is attributed towards extensive amount of manufacturing capacities being undertaken worldwide.
Asia-Pacific is the largest revenue holder in the compressor oil market owing to rampant urbanization and industrialization along with extensive adoption of compressor oil from several industry domains in the region such as construction and manufacturing domain. Moreover, extensive investment for infrastructure development in the emerging countries in Asia-Pacific is escalating the growth of compressor oil market in this region.
The report also offers the insights for the North American, European, Latin American, and Middle East and African Market. A detail analysis of historic and forecast consumption data, revenue in the market and competitive analysis for major competitors in each region is also provided.
The eminent key players in the global compressor oil market are entering into strategic alliances and mergers & acquisitions in order to expand their product portfolio and increase their market base. Some of the players having prominent presence in the global compressor oil market include Exxon Mobil Corporation, BP Plc, Croda International Plc, Sasol Limited, Chevron Corporation, Fuchs Petrolub SE, Lukoil Oil Company, Royal Dutch Shell Plc, China Petrochemical Corporation (Sinopec Group), DowDuPont, BASF SE, and Total SA.
Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6
Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com
1. Research Overview
1.1. Objective
1.2. Global Compressor Oil Market Overview
1.3. Market Segmentation
1.3.1. By Compressor
1.3.2. By Base Oil
1.3.3. By End User
1.4. Benefits to Stakeholders
1.5. Key Questions Answered by the Report
1.6. Frequently Asked Questions
2. Research Methodology
2.1.1. Secondary Research
2.1.1.1. Key secondary research sources
2.1.2. Primary Research
2.1.2.1. Split of primary research respondents
2.1.2.1.1. By industry participant
2.1.2.1.2. By region
2.1.2.1.3. By company type
2.1.3. Market Estimation and Forecast Methodology
2.1.4. Data Exploration and Validation
2.1.5. Limitations and Assumptions for the Study
3. Introduction to the Compressor Oil Market
3.1. Market Definition
3.2. By Compressor
3.2.1. Dynamic
3.2.2. Positive Displacement
3.3. By Base Oil
3.3.1. Semi-Synthetic
3.3.2. Mineral
3.3.3. Bio-Based
3.3.4. Synthetic
3.4. By End User
3.4.1. Oil & Gas
3.4.2. Manufacturing
3.4.3. Automotive
3.4.4. Chemical
3.4.5. Power Generation
3.4.6. Chemical and Petrochemical
3.4.7. Others
4. Compressor Oil Market Analysis
4.1. Industry Outlook
4.2. Value Chain Analysis
4.3. Regulatory Framework
4.4. Technology Overview
4.5. PESTEL Analysis
4.6. Opportunity Analysis
4.7. Supply Chain Analysis
4.8. Porter’s Five Forces Analysis
4.9. Market Dynamics
4.9.1. Drivers
4.9.1.1. Increasing demand for air compressors in the industrial sector
4.9.1.2. Growth in construction industry
4.9.1.3. Rise in automation
4.9.1.4. Growth in HVAC market
4.9.1.5. Surging automotive industry
4.9.2. Restraints
4.9.2.1. Stringent government regulations
4.9.2.2. Volatile raw material prices
4.9.3. Trends
4.9.3.1. Implementation of price optimization strategies
4.9.4. Opportunities
4.9.4.1. Development of zinc-free compressor oils
4.9.4.2. Emerging countries to offer huge growth opportunities for compressor oil market
4.10. SWOT Analysis of the Compressor Oil Market
4.10.1. Strength
4.10.2. Weakness
4.10.3. Opportunity
4.10.4. Threat
5. Compressor Oil: Global Market
5.1. Global Compressor Oil Market Forecast 2019 – 2029
5.2. Global Compressor Oil Market Forecast, by Compressor, 2019 – 2029
5.3. Global Compressor Oil Market Forecast, by Base Oil, 2019 – 2029
5.4. Global Compressor Oil Market Forecast, by End User, 2019 – 2029
5.5. Global Compressor Oil Market Forecast, by Region, 2019 – 2029
5.5.1. Asia-Pacific
5.5.2. Europe
5.5.3. North America
5.5.4. Latin America
5.5.5. Middle East & Africa
6. Compressor Oil: Asia-Pacific Market
6.1. China Compressor Oil Market
6.1.1. China Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.1.2. China Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.1.3. China Compressor Oil Market, by End User Forecast, 2019 – 2029
6.2. Japan Compressor Oil Market
6.2.1. Japan Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.2.2. Japan Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.2.3. Japan Compressor Oil Market, by End User Forecast, 2019 – 2029
6.3. India Compressor Oil Market
6.3.1. India Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.3.2. India Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.3.3. India Compressor Oil Market, by End User Forecast, 2019 – 2029
6.4. Australia Compressor Oil Market
6.4.1. Australia Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.4.2. Australia Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.4.3. Australia Compressor Oil Market, by End User Forecast, 2019 – 2029
6.5. South Korea Compressor Oil Market
6.5.1. South Korea Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.5.2. South Korea Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.5.3. South Korea Compressor Oil Market, by End User Forecast, 2019 – 2029
6.6. Taiwan Compressor Oil Market
6.6.1. Taiwan Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.6.2. Taiwan Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.6.3. Taiwan Compressor Oil Market, by End User Forecast, 2019 – 2029
6.7. Rest of Asia-Pacific Compressor Oil Market
6.7.1. Rest of Asia-Pacific Compressor Oil Market, by Compressor Forecast, 2019 – 2029
6.7.2. Rest of Asia-Pacific Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
6.7.3. Rest of Asia-Pacific Compressor Oil Market, by End User Forecast, 2019 – 2029
7. Compressor Oil: European Market
7.1. Germany Compressor Oil Market
7.1.1. Germany Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.1.2. Germany Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.1.3. Germany Compressor Oil Market, by End User Forecast, 2019 – 2029
7.2. U.K. Compressor Oil Market
7.2.1. U.K. Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.2.2. U.K. Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.2.3. U.K. Compressor Oil Market, by End User Forecast, 2019 – 2029
7.3. France Compressor Oil Market
7.3.1. France Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.3.2. France Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.3.3. France Compressor Oil Market, by End User Forecast, 2019 – 2029
7.4. Spain Compressor Oil Market
7.4.1. Spain Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.4.2. Spain Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.4.3. Spain Compressor Oil Market, by End User Forecast, 2019 – 2029
7.5. Italy Compressor Oil Market
7.5.1. Italy Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.5.2. Italy Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.5.3. Italy Compressor Oil Market, by End User Forecast, 2019 – 2029
7.6. Russia Compressor Oil Market
7.6.1. Russia Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.6.2. Russia Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.6.3. Russia Compressor Oil Market, by End User Forecast, 2019 – 2029
7.7. Rest of Europe Compressor Oil Market
7.7.1. Rest of Europe Compressor Oil Market, by Compressor Forecast, 2019 – 2029
7.7.2. Rest of Europe Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
7.7.3. Rest of Europe Compressor Oil Market, by End User Forecast, 2019 – 2029
8. Compressor Oil: North American Market
8.1. U.S. Compressor Oil Market
8.1.1. U.S. Compressor Oil Market, by Compressor Forecast, 2019 – 2029
8.1.2. U.S. Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
8.1.3. U.S. Compressor Oil Market, by End User Forecast, 2019 – 2029
8.2. Canada Compressor Oil Market
8.2.1. Canada Compressor Oil Market, by Compressor Forecast, 2019 – 2029
8.2.2. Canada Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
8.2.3. Canada Compressor Oil Market, by End User Forecast, 2019 – 2029
9. Compressor Oil: Latin American Market
9.1. Brazil Compressor Oil Market
9.1.1. Brazil Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.1.2. Brazil Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.1.3. Brazil Compressor Oil Market, by End User Forecast, 2019 – 2029
9.2. Mexico Compressor Oil Market
9.2.1. Mexico Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.2.2. Mexico Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.2.3. Mexico Compressor Oil Market, by End User Forecast, 2019 – 2029
9.3. Argentina Compressor Oil Market
9.3.1. Argentina Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.3.2. Argentina Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.3.3. Argentina Compressor Oil Market, by End User Forecast, 2019 – 2029
9.4. Chile Compressor Oil Market
9.4.1. Chile Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.4.2. Chile Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.4.3. Chile Compressor Oil Market, by End User Forecast, 2019 – 2029
9.5. Colombia Compressor Oil Market
9.5.1. Colombia Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.5.2. Colombia Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.5.3. Colombia Compressor Oil Market, by End User Forecast, 2019 – 2029
9.6. Rest of Latin American Compressor Oil Market
9.6.1. Rest of Latin American Compressor Oil Market, by Compressor Forecast, 2019 – 2029
9.6.2. Rest of Latin American Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
9.6.3. Rest of Latin American Compressor Oil Market, by End User Forecast, 2019 – 2029
10. Compressor Oil: MEA Market
10.1. Saudi Arabia Compressor Oil Market
10.1.1. Saudi Arabia Compressor Oil Market, by Compressor Forecast, 2019 – 2029
10.1.2. Saudi Arabia Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
10.1.3. Saudi Arabia Compressor Oil Market, by End User Forecast, 2019 – 2029
10.2. South Africa Compressor Oil Market
10.2.1. South Africa Compressor Oil Market, by Compressor Forecast, 2019 – 2029
10.2.2. South Africa Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
10.2.3. South Africa Compressor Oil Market, by End User Forecast, 2019 – 2029
10.3. U.A.E. Compressor Oil Market
10.3.1. U.A.E. Compressor Oil Market, by Compressor Forecast, 2019 – 2029
10.3.2. U.A.E. Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
10.3.3. U.A.E. Compressor Oil Market, by End User Forecast, 2019 – 2029
10.4. Rest of MEA Compressor Oil Market
10.4.1. Rest of MEA Compressor Oil Market, by Compressor Forecast, 2019 – 2029
10.4.2. Rest of MEA Compressor Oil Market, by Base Oil Forecast, 2019 – 2029
10.4.3. Rest of MEA Compressor Oil Market, by End User Forecast, 2019 – 2029
11. Competition in Compressor Oil Market
11.1. Production Capacity of Major Players
11.2. Price Trend Analysis
11.3. Raw Material Price Analysis
11.4. Company Share Analysis
11.5. Compressor and Competitive Benchmarking
11.6. Strategic Development Analysis of Major Players
11.6.1. Partnerships/Collaborations/Agreements
11.6.2. Mergers & Acquisitions
11.6.3. New Product Launches
11.6.4. Other Developments
12. Leading Companies
12.1. Exxon Mobil Corporation
12.1.1. Company Overview
12.1.2. Product & Services Offerings
12.1.3. Key Financial Summary
12.1.4. Recent Developments
12.1.5. SWOT Analysis
12.2. BP Plc
12.2.1. Company Overview
12.2.2. Product & Services Offerings
12.2.3. Key Financial Summary
12.2.4. Recent Developments
12.2.5. SWOT Analysis
12.3. Croda International Plc
12.3.1. Company Overview
12.3.2. Product & Services Offerings
12.3.3. Key Financial Summary
12.3.4. Recent Developments
12.3.5. SWOT Analysis
12.4. Sasol Limited
12.4.1. Company Overview
12.4.2. Product & Services Offerings
12.4.3. Key Financial Summary
12.4.4. Recent Developments
12.4.5. SWOT Analysis
12.5. Chevron Corporation
12.5.1. Company Overview
12.5.2. Product & Services Offerings
12.5.3. Key Financial Summary
12.5.4. Recent Developments
12.5.5. SWOT Analysis
12.6. Fuchs Petrolub SE
12.6.1. Company Overview
12.6.2. Product & Services Offerings
12.6.3. Key Financial Summary
12.6.4. Recent Developments
12.6.5. SWOT Analysis
12.7. Lukoil Oil Company
12.7.1. Company Overview
12.7.2. Product & Services Offerings
12.7.3. Key Financial Summary
12.7.4. Recent Developments
12.7.5. SWOT Analysis
12.8. Royal Dutch Shell Plc
12.8.1. Company Overview
12.8.2. Product & Services Offerings
12.8.3. Key Financial Summary
12.8.4. Recent Developments
12.8.5. SWOT Analysis
12.9. China Petrochemical Corporation (Sinopec Group)
12.9.1. Company Overview
12.9.2. Product & Services Offerings
12.9.3. Key Financial Summary
12.9.4. Recent Developments
12.9.5. SWOT Analysis
12.10. DowDuPont
12.10.1. Company Overview
12.10.2. Product & Services Offerings
12.10.3. Key Financial Summary
12.10.4. Recent Developments
12.10.5. SWOT Analysis
12.11. BASF SE
12.11.1. Company Overview
12.11.2. Product & Services Offerings
12.11.3. Key Financial Summary
12.11.4. Recent Developments
12.11.5. SWOT Analysis
12.12. Total SA
12.12.1. Company Overview
12.12.2. Product & Services Offerings
12.12.3. Key Financial Summary
12.12.4. Recent Developments
12.12.5. SWOT Analysis
13. Conclusion and Recommendation
13.1. Market Outlook
13.2. Recommendation
14. Glossary
BASF SE
BP Plc
Chevron Corporation
China Petrochemical Corporation (Sinopec Group)
Croda International Plc
DowDuPont
Exxon Mobil Corporation
Fuchs Petrolub SE
Lukoil Oil Company
Royal Dutch Shell Plc
Sasol Limited
Total SA