“Compressor Oil Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on compressor oil market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for compressor oil ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The compressor oil market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Base Oil: Mineral; Synthetic; Semi-Synthetic
- 2) By Compressor Type: Positive Displacement; Reciprocating; Rotary Screw; Dynamic; Radial Flow; Axial Flow; Other Compressors
- 3) By End-Use Industry: Manufacturing; Oil And Gas; Power Generation; Automotive; Other End-Use Industries
- Companies Mentioned: Royal Dutch Shell; Chevron Corporation; Exxon Mobil Corporation; Fuchs Group; Total S.A.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the compressor oil market are Royal Dutch Shell, Chevron Corporation, Exxon Mobil Corporation, Fuchs Group, Total S.A., British Petroleum Public Limited Company, Indian Oil Corporation Limited, BASF SE, Sasol Limited, Croda International, Sinopec Group, CASTROL Limited, Repsol S.A., Morris Lubricants, and HP Lubricants.
The global compressor oil market is expected to grow from $8.51 billion in 2022 to $9.04 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The compressor oil market is expected to grow to $11.58 billion in 2027 at a CAGR of 6.4%.
The compressor oil market consists of sales of lubrication base oils, aromatic amine, alkylphenol, and tri-ester of dithiophosphoric acid. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Compressor oil is a fluid composed of refined paraffinic base oils and additives that provide excellent lubrication for a wide range of rotary and reciprocating air compressors. The fluids' thermal stability and oxidation resistance can help keep compressors cleaner, allowing for longer periods between scheduled maintenance and oil changes.
Asia-Pacific was the largest region in the compressor oil market in 2022, and is expected to be the fastest-growing region in the forecast period. The regions covered in the compressor oil market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The base oils of the compressor oil market are mineral, synthetic, and semi-synthetic. Mineral oil refers to high-performance compressor oils with superior lubrication, outstanding low-foaming properties, excellent oxidation and thermal stability, excellent rust and corrosion resistance, and impressive water separation properties. The compressor involves positive displacement, reciprocating, a rotary screw, other type (centrifugal), dynamic, radial flow, and axial flow. The end-use includes manufacturing, oil and gas, power generation, automotive use, and other end-uses.
Growing demand from the petroleum and natural gas industry is expected to propel the compressor oil market going forward. Petroleum and natural gas refer to nonrenewable sources of energy. Petroleum is a liquid mixture found underground that can be used to make gasoline and diesel fuel, whereas natural gas is a fossil fuel energy source. Compressor oil is used in the petrochemical industry to prevent premature wear and tear in air compressors, that are necessary to increase the pressure of the gas being transported as it travels through the pipes to the source. For instance, in 2021, according to the US Energy Information Administration, a principal agency of the US Federal Statistical System, annual Natural gas plant liquids (NGPLs) production reached a record of nearly 5.4 million barrels per day. Therefore, the growing demand from the petroleum and natural gas industry is driving the growth of the compressor oil market.
Product innovation is a key trend in the compressor oil market. Major companies operating in the compressor oil market are focused on developing innovative products to strengthen their position in the market. For instance, in October 2021, Anderol B.V., a Netherlands-based chemical manufacturer, introduced a hazard-free compressor oil, Anderol Syncomp DE HSL 100, a high-performance synthetic di-ester-based compressor and vacuum pump oil that is hazard-free. It has been approved by the German Federal Institute for Materials Research and Testing (BAM), meets vacuum pump safety criteria, and has great thermal oxidation stability, resulting in extended oil life and excellent control over deposit formation.
In January 2020, FUCHS, a Germany-based manufacturer of lubricants and speciality products, acquired Nye Lubricants Inc. for an undisclosed amount. With this acquisition, the FUCHS Group increases its speciality lubricants product line even further, providing designed solutions across several industries and enabling potential to service new high-end, essential applications. NYE Lubrications Inc. is a US-based manufacturer of industrial lubricants.
The countries covered in tthe compressor oil market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The compressor oil market research report is one of a series of new reports from The Business Research Company that provides compressor oil market statistics, including compressor oil industry global market size, regional shares, competitors with a compressor oil market share, detailed compressor oil market segments, market trends and opportunities, and any further data you may need to thrive in the compressor oil industry. This compressor oil market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Compressor Oil Market Characteristics
3. Compressor Oil Market Trends And Strategies
4. Compressor Oil Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Compressor Oil Market
- 4.2. Ukraine-Russia War Impact On Compressor Oil Market
- 4.3. Impact Of High Inflation On Compressor Oil Market
5. Compressor Oil Market Size And Growth
- 5.1. Global Compressor Oil Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Compressor Oil Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Compressor Oil Market Segmentation
- 6.1. Global Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Mineral
- Synthetic
- Semi-Synthetic
- 6.2. Global Compressor Oil Market, Segmentation By Compressor Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Positive Displacement
- Reciprocating
- Rotary Screw
- Other Compressors (Centrifugal)
- Dynamic
- Radial Flow
- Axial Flow
- 6.3. Global Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Manufacturing
- Oil And Gas
- Power Generation
- Automotive
- Other End-Use Industries
7. Compressor Oil Market Regional And Country Analysis
- 7.1. Global Compressor Oil Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Compressor Oil Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Compressor Oil Market
- 8.1. Asia-Pacific Compressor Oil Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Compressor Oil Market
- 9.1. China Compressor Oil Market Overview
- 9.2. China Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Compressor Oil Market
- 10.1. India Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Compressor Oil Market
- 11.1. Japan Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Compressor Oil Market
- 12.1. Australia Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Compressor Oil Market
- 13.1. Indonesia Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Compressor Oil Market
- 14.1. South Korea Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Compressor Oil Market
- 15.1. Western Europe Compressor Oil Market Overview
- 15.2. Western Europe Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Compressor Oil Market
- 16.1. UK Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Compressor Oil Market
- 17.1. Germany Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Compressor Oil Market
- 18.1. France Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Compressor Oil Market
- 19.1. Eastern Europe Compressor Oil Market Overview
- 19.2. Eastern Europe Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Compressor Oil Market
- 20.1. Russia Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Compressor Oil Market
- 21.1. North America Compressor Oil Market Overview
- 21.2. North America Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Compressor Oil Market
- 22.1. USA Compressor Oil Market Overview
- 22.2. USA Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Compressor Oil Market
- 23.1. South America Compressor Oil Market Overview
- 23.2. South America Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Compressor Oil Market
- 24.1. Brazil Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Compressor Oil Market
- 25.1. Middle East Compressor Oil Market Overview
- 25.2. Middle East Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Compressor Oil Market
- 26.1. Africa Compressor Oil Market Overview
- 26.2. Africa Compressor Oil Market, Segmentation By Base Oil, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Compressor Oil Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Compressor Oil Market Competitive Landscape And Company Profiles
- 27.1. Compressor Oil Market Competitive Landscape
- 27.2. Compressor Oil Market Company Profiles
- 27.2.1. Royal Dutch Shell
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Chevron Corporation
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Exxon Mobil Corporation
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Fuchs Group
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Total S.A.
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Compressor Oil Market
29. Compressor Oil Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer