Home > Chemicals & Materials > Lubricant and Greases > Industrial Lubricants > Compressor Oil Market

Compressor Oil Market Share

Report ID: GMI2557
Published Date: May 2021
Report Format: PDF

Download Free Sample

Compressor Oil Market Share

Compressor oil industry is highly competitive and product technology advancement coupled with competitive pricing plays a significant role in gaining a market share. The important players operating in the compressor oil industry include :

Royal Dutch Shell
Tota S.A
Fuchs Group
Exxon Mobil Corporation
British Petroleum (BP)
BASF SE
ENI S.P.A
Indian Oil Corporation
Sinopec Group

Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

Compressor oils are used for lubricating compressors in a range of applications such as the general manufacturing and chemical industries.

The compressor oil industry share exceeded USD 5,437.5 million in 2020 and will expand at a CAGR of 2.2% between 2021 and 2027.

Synthetic compressor oils account for 60% share in the total market revenue and will grow owing to various advantages such as enhanced wear protection, excellent thermal & oxidative stability, and higher viscosity indices.

Reciprocating compressor oils business will register a CAGR of 2% from 2021 to 2027 owing to their wide deployment in connected rod bearings, main bearings, cross head bearings, motor bearings, and others.