Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Compressor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global compressor oil market reached a value of US$ 6.11 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.92 Billion by 2027, exhibiting at a CAGR of 4.18% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Compressor oil is a lubricant used for reducing heat and cooling down the compressors in air conditioning and refrigeration systems. It ensures the proper functioning of the metal components and improves machinery performance with its anti-rust properties. Compressor oil also has exceptional oxidation stability and leaves a low carbon residue that reduces the operation and maintenance costs for the user. It is manufactured using a combination of base oil and various other additives. The type of base oil used, such as synthetic, mineral, semi-synthetic and bio-based, determines the quality and longevity of the compressor oil. With cost- and energy-saving properties, it finds extensive applications in various industries ranging from construction, general manufacturing, mining, power generation, chemical and petrochemical, etc.

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

The need for cost optimization is one of the key factors driving the market growth. Compressor oil assists in heat dissipation and maintaining the temperature of the compressor. This subsequently leads to reduced wear and tear of the compressor and aids in its smooth operation, thereby helping manufacturers to avoid high repair costs. Furthermore, significant growth in the heating, ventilation, and air conditioning (HVAC) industry along with the establishment of cold chain facilities, particularly in the developing regions, is also augmenting the demand for compressor oil. Other factors such as increasing investments in research and development (R&D) activities to develop improved product variants, such as environment-friendly compressor oil, are also favoring the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global compressor oil market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on compressor type, base oil, application and end use industry.

Breakup by Compressor Type:

 

 
 

www.imarcgroup.com

Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Positive Displacement Compressor
  • Dynamic Compressor
     

Breakup by Base Oil:

  • Synthetic Oil
  • Mineral Oil
  • Semi-Synthetic Oil
  • Bio-Based Oil
     

Breakup by Application:

  • Gas Compressor
  • Air Compressor
     

Breakup by End Use Industry:

  • General Manufacturing
  • Construction
  • Oil and Gas
  • Mining
  • Chemical and Petrochemical
  • Power Generation
  • Others
     

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • Asia Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Royal Dutch Shell PLC, ExxonMobil Corporation, BP International Limited, Chevron Corporation, Total S.A., Sinopec Group, The PJSC Lukoil Oil Company, Indian Oil Corporation Ltd., The Fuchs Group, Idemitsu Kosan Co. Ltd., Petroliam Nasional Berhad (Petronas), DuPont de Nemours, Inc. (DuPont), Croda International PLC., Sasol Limited, The Phillips 66 Company, Bel-Ray Company LLC., Morris Lubricants Limited and Penrite Oil Company, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Compressor Type, Base Oil, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered Royal Dutch Shell PLC, ExxonMobil Corporation, BP International Limited, Chevron Corporation, Total S.A., Sinopec Group, The PJSC Lukoil Oil Company, Indian Oil Corporation Ltd., The Fuchs Group, Idemitsu Kosan Co. Ltd., Petroliam Nasional Berhad (Petronas), DuPont de Nemours, Inc. (DuPont), Croda International PLC., Sasol Limited, The Phillips 66 Company, Bel-Ray Company LLC., Morris Lubricants Limited and Penrite Oil Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Compressor Oil Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Breakup by Compressor Type
    5.5    Market Breakup by Base Oil
    5.6    Market Breakup by Application
    5.7    Market Breakup by End Use Industry
    5.8    Market Breakup by Region
    5.9    Market Forecast
6   Market Breakup by Compressor Type
    6.1    Positive Displacement Compressor 
        6.1.1    Market Trends
        6.1.2    Market Forecast
    6.2    Dynamic Compressor 
        6.2.1    Market Trends
        6.2.2    Market Forecast
7   Market Breakup by Base Oil
    7.1    Synthetic Oil
        7.1.1    Market Trends
        7.1.2    Market Forecast
    7.2    Mineral Oil 
        7.2.1    Market Trends
        7.2.2    Market Forecast
    7.3    Semi-Synthetic Oil
        7.3.1    Market Trends
        7.3.2    Market Forecast
    7.4    Bio-Based Oil 
        7.4.1    Market Trends
        7.4.2    Market Forecast
8   Market Breakup by Application
    8.1    Gas Compressor 
        8.1.1    Market Trends
        8.1.2    Market Forecast
    8.2    Air Compressor 
        8.2.1    Market Trends
        8.2.2    Market Forecast
9   Market Breakup by End Use Industry
    9.1    General Manufacturing 
        9.1.1    Market Trends
        9.1.2    Market Forecast
    9.2    Construction 
        9.2.1    Market Trends
        9.2.2    Market Forecast
    9.3    Oil and Gas 
        9.3.1    Market Trends
        9.3.2    Market Forecast
    9.4    Mining 
        9.4.1    Market Trends
        9.4.2    Market Forecast
    9.5    Chemical and Petrochemical 
        9.5.1    Market Trends
        9.5.2    Market Forecast
    9.6    Power Generation 
        9.6.1    Market Trends
        9.6.2    Market Forecast
    9.7    Others 
        9.7.1    Market Trends
        9.7.2    Market Forecast
10  Market Breakup by Region
    10.1    Asia Pacific 
        10.1.1    Market Trends
        10.1.2    Market Forecast
    10.2    Europe
        10.2.1    Market Trends
        10.2.2    Market Forecast
    10.3    North America 
        10.3.1    Market Trends
        10.3.2    Market Forecast
    10.4    Middle East and Africa
        10.4.1    Market Trends
        10.4.2    Market Forecast
    10.5    Latin America
        10.5.1    Market Trends
        10.5.2    Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
13  Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Royal Dutch Shell PLC  
        15.3.2    ExxonMobil Corporation 
        15.3.3    BP International Limited
        15.3.4    Chevron Corporation
        15.3.5    Total S.A. 
        15.3.6    Sinopec Group 
        15.3.7    The PJSC Lukoil Oil Company
        15.3.8    Indian Oil Corporation Ltd. 
        15.3.9    The Fuchs Group 
        15.3.10     Idemitsu Kosan Co. Ltd. 
        15.3.11      Petroliam Nasional Berhad (Petronas) 
        15.3.12      DuPont de Nemours, Inc. (DuPont)
        15.3.13      Croda International PLC.
        15.3.14      Sasol Limited
        15.3.15      The Phillips 66 Company
        15.3.16      Bel-Ray Company LLC. 
        15.3.17      Morris Lubricants Limited
        15.3.18      Penrite Oil Company

List of Figures

Figure 1: Global: Compressor Oil Market: Major Drivers and Challenges
Figure 2: Global: Compressor Oil Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Compressor Oil Market: Breakup by Compressor Type (in %), 2021
Figure 4: Global: Compressor Oil Market: Breakup by Base Oil (in %), 2021
Figure 5: Global: Compressor Oil Market: Breakup by Application (in %), 2021
Figure 6: Global: Compressor Oil Market: Breakup by End Use Industry (in %), 2021
Figure 7: Global: Compressor Oil Market: Breakup by Region (in %), 2021
Figure 8: Global: Compressor Oil Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Compressor Oil Industry: SWOT Analysis
Figure 10: Global: Compressor Oil Industry: Value Chain Analysis
Figure 11: Global: Compressor Oil Industry: Porter’s Five Forces Analysis
Figure 12: Global: Compressor Oil (Positive Displacement Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Compressor Oil (Positive Displacement Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Compressor Oil (Dynamic Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Compressor Oil (Dynamic Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Compressor Oil (Synthetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Compressor Oil (Synthetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Compressor Oil (Mineral) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Compressor Oil (Mineral) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Compressor Oil (Semi-Synthetic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Compressor Oil (Semi-Synthetic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Compressor Oil (Bio-Based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Compressor Oil (Bio-Based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Compressor Oil (Gas Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Compressor Oil (Gas Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Compressor Oil (Air Compressor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Compressor Oil (Air Compressor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Compressor Oil (General Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Compressor Oil (General Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Compressor Oil (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Compressor Oil (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Compressor Oil (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Compressor Oil (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Compressor Oil (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Compressor Oil (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Compressor Oil (Chemical and Petrochemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Compressor Oil (Chemical and Petrochemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Compressor Oil (Power Generation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Compressor Oil (Power Generation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Compressor Oil (Other Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Compressor Oil (Other Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia Pacific: Compressor Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia Pacific: Compressor Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Compressor Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Compressor Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: North America: Compressor Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: North America: Compressor Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Middle East and Africa: Compressor Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Middle East and Africa: Compressor Oil Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Latin America: Compressor Oil Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Latin America: Compressor Oil Market Forecast: Sales Value (in Million US$), 2022-2027

List of Tables

Table 1: Global: Compressor Oil Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Compressor Oil Market Forecast: Breakup by Compressor Type (in Million US$), 2022-2027
Table 3: Global: Compressor Oil Market Forecast: Breakup by Base Oil (in Million US$), 2022-2027
Table 4: Global: Compressor Oil Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Compressor Oil Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 6: Global: Compressor Oil Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Compressor Oil Market Structure
Table 8: Global: Compressor Oil Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Key Questions Answered in This Report

The global compressor oil market was valued at US$ 6.11 Billion in 2021.

We expect the global compressor oil market to exhibit a CAGR of 4.18% during 2022-2027.

The extensive applications of compressor oil across various sectors, such as construction, mining, power
generation, chemical, etc., as it assists in heat dissipation and maintaining the temperature of the
compressor, are primarily driving the global compressor oil market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations, resulting in the temporary closure of numerous end-use industries,
thereby limiting the demand for compressor oil.

Based on the compressor type, the global compressor oil market has been segmented into positive
displacement compressor and dynamic compressor, where dynamic compressor holds the majority of
the total market share.

Based on the application, the global compressor oil market can be bifurcated into gas compressor and
air compressor. Currently, gas compressor accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global compressor oil market include Royal Dutch Shell PLC,
ExxonMobil Corporation, BP International Limited, Chevron Corporation, Total S.A., Sinopec Group, The
PJSC Lukoil Oil Company, Indian Oil Corporation Ltd., The Fuchs Group, Idemitsu Kosan Co. Ltd.,
Petroliam Nasional Berhad (Petronas), DuPont de Nemours, Inc. (DuPont), Croda International PLC.,
Sasol Limited, The Phillips 66 Company, Bel-Ray Company LLC., Morris Lubricants Limited, Penrite Oil
Company, etc.

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links