Compressor Oil Market Statistics, Overview, Emerging Trends, Business Opportunities, Production Values Forecast 2020-2026
Market Size – USD 10.02 billion in 2018, Market Growth - CAGR of 4.9%, Market Trends – Increasing demand for bio-based products
The global Compressor Oil Market is expected to reach USD 14.74 Billion by 2026, according to a new report by Reports and Data. Compressor Oil is a kind of lubricant that provides a long service life in most compressor applications. The thermal stability and oxidation resistance of this oil aids in maintaining cleaner compressors, thus permitting more extended running periods between scheduled maintenance and oil changes.
Increasing application of compressors, and hence, compressor oil in the manufacturing sector is estimated to stimulate market demand.
Substantial growth in the construction sector in developing countries is expected to propel the market growth in the upcoming years, due to the widespread usage of portable compressors for operating pneumatic drills, and hammers, among others. Compressor oil increases the efficiency and productivity of compressors as well as ensures a long serviceability. Urbanization, demographic shifts, growing consumer aspirations accompanied with high standards of living are boosting the growth of residential and commercial buildings sectors. Regional governments worldwide are investing massive amounts for the development of infrastructure to improve social and economic welfare.
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Competitive Landscape:
The following are the key industry participants:
• Royal Dutch Shell PLC,
• ExxonMobil PLC,
• British Petroleum PLC,
• Chevron Corporation,
• BASF SE,
• Sasol Limited,
• Croda International PLC,
• The Dow Chemical Co.,
• Total SA,
• and Sinopec Corp.,
• among others.
Market segmentation based on Product Type:
• Positive Displacement Type
o Reciprocating Type
o Rotary Screw Type
o Others
• Roto-Dynamic Type
o Radial Flow Type
o Axial Flow Type
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Compressor Oil Market Segmentation based on Base Oil Type:
• Synthetic Oil
• Mineral Oil
• Bio-Based Oil
The following are the leading regions of the global Compressor Oil market:
• North America
• South America
• Europe
• Asia Pacific
• Middle East & Africa
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Table Of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Compressor Oil Segmentation & Impact Analysis
4.1. Compressor Oil Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing application in the manufacturing sector
4.2.2.2. Increasing demand for high quality compressor oil
4.2.2.3. Growing need for cost optimization
4.2.2.4. Increasing demand for bio-based products
4.2.3. Market restraints analysis
4.2.3.1. Rise in the price of synthetic oils
4.2.3.2. Availability of oil-free compressors
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
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