Global Compressor Oil Market Research Report 2022-2027
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Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group
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Report Description
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Report Description and Highlights Report Description Global Compressor Oil Market Outlook 2022-2027: The latest report by IMARC Group, titled “Compressor Oil Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global compressor oil market size reached US$ 6.11 Billion in 2021. Compressor oil refers to a specialized lubricant that comprises a mixture of refined paraffinic base oils and high-performance additives. It is typically manufactured in a semi-solid, liquid, or viscous state and is widely used in mechanical devices to cool, seal or grease internal components. It helps ensure the continuous operational flow of machinery, enhances efficiency, prevents friction, reduces energy consumption, improves performance, and minimizes wear and tear. It also has excellent oxidation stability, rust and corrosion resistance, superior cost- and energy-saving properties and leaves a low carbon residue that decreases the operation and maintenance costs. As a result, compressor oil is extensively utilized in heating, ventilation, and air conditioning (HVAC) systems and cold chain logistics facilities. Request for a PDF sample of this report: https://www.imarcgroup.com/compressor-oil-market/requestsample
Report Description and Highlights
Report Description
Global Compressor Oil Market Drivers/Constraints: Compressor oil assists in heat dissipation, maintains the temperature of the compressor, and facilitates smooth operations, thereby eliminating the additional maintenance and high repair costs. Consequently, the increasing usage of compressor oil in the chemicals and petrochemicals industry to ensure the proper functioning of the machine parts and extend their lifespan represents the primary factor driving the market growth. Besides this, the rising need for cost optimization is another major growth-inducing factor. Additionally, the surging number of gas pipeline projects and the increasing establishment of gas compressor stations along the transportation pipelines for compressing the gas at a regulated pressure have augmented the product demand. Furthermore, several key players are focusing on product innovations, such as the launch of environment-friendly compressor oils produced from natural ingredients like sunflower and rapeseed oil. Along with this, the growing popularity of bio-based compressor oil over petroleum-based product variants due to the rising environmental concerns has accelerated the product adoption rate. View Report TOC, Figures and Tables: https://www.imarcgroup.com/compressor-oil-market
Report Description and Highlights
Report Description Key Market Segmentation
The research report includes the following segments:
Breakup by Compressor Type: • •
Positive Displacement Compressor Dynamic Compressor
Breakup by Base Oil: • • • •
Synthetic Oil Mineral Oil Semi-Synthetic Oil Bio-Based Oil
Report Description and Highlights
Report Description Breakup by Application: • •
Gas Compressor Air Compressor
Breakup by End Use Industry: • • • • • •
General Manufacturing Construction Oil and Gas Mining Chemical and Petrochemical Power Generation
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.
Report Description and Highlights
Report Description Breakup by Region: • • • • •
North America Asia Pacific Europe Latin America Middle East and Africa
Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/compressor-oil-market/requestsample
Report Description and Highlights
Report Description Competitive Landscape: • • • • • • • • • • • • • • • • • •
Royal Dutch Shell PLC ExxonMobil Corporation BP International Limited Chevron Corporation TotalEnergies SE Sinopec Group PJSC LUKOIL 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 Co. Pty. Ltd
Key Questions Answered in the Report
Report Description
1. What has been the historical growth rate of the global Compressor Oil Market? 2. What has been the impact of COVID-19 on the global Compressor Oil Market? 3. What are the key factors driving the global Compressor Oil Market? 4. What is the breakup of the global Compressor Oil Market based on the type? 5. What is the breakup of the global Compressor Oil Market based on the application? 6. What is the breakup of the global Compressor Oil Market based on the distribution channel? 7. What are the key regions in the global Compressor Oil Market? 8. Who are the key players/companies in the global Compressor Oil Market?
Report Description 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
Table of Contents
Report Description 5
Table of Contents
Global Compressor Oil Market Industry 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8
Market Overview Market Performance Impact of COVID-19 Market Breakup by Compressor Type Market Breakup by Base Oil Market Breakup by Application Market Breakup by End Use Industry Market Breakup by Region
Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/compressor-oil-market/toc
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Report Description and Highlights
Report Description
© 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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