Global compressor oil market expected to generate around USD 15.29 billion by 2025, at a CAGR of around 5.7% between 2019 and 2025. Compressor oil is a significant component for any air conditioning system. These oils are used for lubrication, reducing heat, decreasing downtime, and in repairing machines.
The report covers a forecast and an analysis of the compressor oil market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on volume (Kilotons) and revenue (USD Billion). The study includes drivers and restraints of the compressor oil market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the compressor oil on a global level.
In order to give the users of this report a comprehensive view of the compressor oil, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and the product portfolio of various companies according to the region.
The study provides a decisive view of the compressor oil market based on compressor type, base oil, end-use, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some major players operating in the compressor oil market are Sinopec Limited, Exxon Mobil Corporation, Total S.A., Lukoil, BP PLC, The Dow Chemical Company, Indian Oil Corporation Ltd., Fuchs Petrolub AG, Chevron Corporation, Indian Oil Corporation Ltd., Croda International PLC, Sasol Limited, Royal Dutch Shell PLC, and BASF SE.
This report segments the global compressor oil market into:
Global Compressor Oil Market: Compressor Type Analysis
Global Compressor Oil Market: Base Oil Analysis
Global Compressor Oil Market: End-Use Analysis
Global Compressor Oil Market: Regional Analysis
List of Figures
1. Market research process
2. Market research methodology
3. Global Compressor Oil market volume and revenue, 2016–2025 (Kilotons) (USD Billion)
4. Porter’s Five Forces analysis
5. Market attractiveness analysis, by Compressor Type
6. Market attractiveness analysis, by Base Oil
7. Market attractiveness analysis, by End-Use
8. Market attractiveness analysis, by region
9. Company market share analysis, 2018
10. Global Compressor Oil market volume share by Compressor Type, 2016 and 2025
11. Global Compressor Oil market for positive displacement market, 2016–2025 (Kilotons) (USD Billion)
12. Global Compressor Oil market for dynamic market, 2016–2025 (Kilotons) (USD Billion)
13. Global Compressor Oil market volume share by Base Oil, 2016 and 2025
14. Global Compressor Oil market for synthetic, 2016–2025 (Kilotons) (USD Billion)
15. Global Compressor Oil market for semi-synthetic, 2016–2025 (Kilotons) (USD Billion)
16. Global Compressor Oil market for mineral, 2016–2025 (Kilotons) (USD Billion)
17. Global Compressor Oil market for bio-based, 2016–2025 (Kilotons) (USD Billion)
18. Global Compressor Oil market volume share by End-Use, 2016 and 2025
19. Global Compressor Oil market for general manufacturing, 2016–2025 (Kilotons) (USD Billion)
20. Global Compressor Oil market for oil & gas, 2016–2025 (Kilotons) (USD Billion)
21. Global Compressor Oil market for power generation, 2016–2025 (Kilotons) (USD Billion)
22. Global Compressor Oil market for automotive, 2016–2025 (Kilotons) (USD Billion)
23. Global Compressor Oil market for others, 2016–2025 (Kilotons) (USD Billion)
24. Global Compressor Oil market volume share by region, 2016 and 2025
25. North America Compressor Oil market, 2016–2025 (Kilotons) (USD Billion)
26. Europe Compressor Oil market, 2016–2025 (Kilotons) (USD Billion)
27. Asia Pacific Compressor Oil market, 2016–2025 (Kilotons) (USD Billion)
28. Latin America Compressor Oil market, 2016–2025 (Kilotons) (USD Billion)
29. The Middle East and Africa Compressor Oil market, 2016–2025 (Kilotons) (USD Billion)
List of Tables
1. Compressor Oil Market: Market Snapshot
2. Product of Compressor Oil market
3. Drivers of global Compressor Oil market: Impact analysis
4. Restraints of global Compressor Oil market: Impact analysis
5. North America Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
6. North America Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
7. North America Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
8. North America Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
9. North America Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
10. North America Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
11. The U.S. Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
12. The U.S. Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
13. The U.S. Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
14. The U.S. Compressor Oil market revenue, by Base Oil, 2016 - 2025 (USD Billion)
15. The U.S. Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
16. The U.S. Compressor Oil market revenue, by End-Use, 2016 - 2025 (USD Billion)
17. Rest of North America Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
18. Rest of North America Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
19. Rest of North America Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
20. Rest of North America Compressor Oil market revenue, by Base Oil, 2016 - 2025 (USD Billion)
21. Rest of North America Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
22. Rest of North America Compressor Oil market revenue, by End-Use, 2016 - 2025 (USD Billion)
23. Europe Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
24. Europe Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
25. Europe Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
26. Europe Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
27. Europe Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
28. Europe Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
29. Germany Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
30. Germany Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
31. Germany Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
32. Germany Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
33. Germany Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
34. Germany Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
35. UK Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
36. UK Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
37. UK Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
38. UK Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
39. UK Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
40. UK Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
41. France Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
42. France Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
43. France Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
44. France Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
45. France Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
46. France Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
47. Spain Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
48. Spain Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
49. Spain Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
50. Spain Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
51. Spain Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
52. Spain Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
53. Italy Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
54. Italy Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
55. Italy Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
56. Italy Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
57. Italy Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
58. Italy Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
59. Rest of Europe Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
60. Rest of Europe Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
61. Rest of Europe Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
62. Rest of Europe Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
63. Rest of Europe Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
64. Rest of Europe Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
65. Asia Pacific Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
66. Asia Pacific Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
67. Asia Pacific Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
68. Asia Pacific Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
69. Asia Pacific Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
70. Asia Pacific Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
71. China Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
72. China Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
73. China Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
74. China Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
75. China Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
76. China Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
77. Japan Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
78. Japan Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
79. Japan Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
80. Japan Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
81. Japan Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
82. Japan Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
83. India Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
84. India Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
85. India Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
86. India Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
87. India Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
88. India Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
89. Southeast Asia Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
90. Southeast Asia Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
91. Southeast Asia Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
92. Southeast Asia Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
93. Southeast Asia Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
94. Southeast Asia Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
95. Rest of Asia Pacific Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
96. Rest of Asia Pacific Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
97. Rest of Asia Pacific Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
98. Rest of Asia Pacific Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
99. Rest of Asia Pacific Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
100. Rest of Asia Pacific Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
101. Latin America Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
102. Latin America Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
103. Latin America Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
104. Latin America Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
105. Latin America Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
106. Latin America Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
107. Brazil Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
108. Brazil Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
109. Brazil Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
110. Brazil Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
111. Brazil Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
112. Brazil Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
113. Rest of Latin America Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
114. Rest of Latin America Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
115. Rest of Latin America Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
116. Rest of Latin America Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
117. Rest of Latin America Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
118. Rest of Latin America Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
119. The Middle East and Africa Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
120. The Middle East and Africa Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
121. The Middle East and Africa Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
122. The Middle East and Africa Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
123. The Middle East and Africa Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
124. The Middle East and Africa Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
125. GCC Countries Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
126. GCC Countries Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
127. GCC Countries Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
128. GCC Countries Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
129. GCC Countries Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
130. GCC Countries Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
131. Rest of the Middle East and Africa Compressor Oil market volume, by Compressor Type, 2016–2025 (Kilotons)
132. Rest of the Middle East and Africa Compressor Oil market revenue, by Compressor Type, 2016–2025 (USD Billion)
133. Rest of the Middle East and Africa Compressor Oil market volume, by Base Oil, 2016–2025 (Kilotons)
134. Rest of the Middle East and Africa Compressor Oil market revenue, by Base Oil, 2016–2025 (USD Billion)
135. Rest of the Middle East and Africa Compressor Oil market volume, by End-Use, 2016–2025 (Kilotons)
136. Rest of the Middle East and Africa Compressor Oil market revenue, by End-Use, 2016–2025 (USD Billion)
Compressor oil is a significant component for any air conditioning system. These oils are used for lubrication, reducing heat, decreasing downtime, and in repairing machines. Heat generated by compressors during operations leads to high power consumption and wear and tear of machines. Therefore, compressor oils assist in heat dissipation and control the equipment temperature. The benefits of compressor oils include improving the overall performance of equipment, reducing friction, and protecting surface films. They also serve as a sealing fluid, reduce energy consumption, and decrease deposition of harmful compounds.
The rising number of manufacturing companies has led to an increased demand for the compressor oils, which is majorly driving the global compressor oil market growth. Easy availability, low-cost maintenance, and high-performance capability of compressor oils are positively influencing the compressor oils market globally. The cost optimization practice is another key trend that is fuelling the market growth of compressor oils globally. Different manufacturers implement continuous improvements to reduce the power consumption of equipment and ensure constant operational flow. Therefore, raising concerns about low power consumption among manufacturing industries are anticipated to further drive the compressor oil market progress over the forecast timespan. However, the increasing demand for oil-free compressors and escalating costs of synthetic and bio-based compressor oils are hampering the compressor oil market.
On the basis of compressor type, the compressor oil market is divided into positive displacement and dynamic. Based on base oil, the market is sectored into semi-synthetic, synthetic, bio-based, and mineral. Considering the end-use segment, the market is segmented into power generation, general manufacturing, oil and gas, automotive, and others.
By region, Asia Pacific held the major market share in 2018 and is anticipated to dominate the global compressor oil market in the upcoming years. This regional growth can be attributed to the presence of a large number of manufacturing and construction industries in Japan, India, China, and South Korea. Foreign and domestic investments in key industries, such as automotive, energy, manufacturing, and construction have been consistently rising since the last few years in this region. Furthermore, the rise in vehicle fleet results in escalating demand for automobiles. Therefore, the constant growth in the automotive industries in this region is also boosting the region’s compressor oil market.
Some major players operating in the compressor oil market are Sinopec Limited, Exxon Mobil Corporation, Total S.A., Lukoil, BP PLC, The Dow Chemical Company, Indian Oil Corporation Ltd., Fuchs Petrolub AG, Chevron Corporation, Indian Oil Corporation Ltd., Croda International PLC, Sasol Limited, Royal Dutch Shell PLC, and BASF SE.
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