Compressor oil market size to reach USD 97.15 billion by 2024 “The global compressor oil market is expected to reach USD 97.15 billion by 2024.Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period.” The global compressor oil market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period. Various attributes of compressor oil such as cooling, sealing and lubricating the internal components which ensure continuous operation and helps in reducing downtime and repair is also expected to drive its demand. Moreover, these lubricants maintain the equipment temperature and therefore keep them cool. Detailed Research Report available at: http://www.grandviewresearch.com/industry-analysis/compressor-oil-market Follow Us: The equipment heating results in higher power consumption and wear & tear of the machine. Cost optimization practices adopted by various manufacturing companies are also expected to drive demand for compressor oil. It is observed that organizations have been implementing continuous improvement projects to reduce power consumption & maintain continuous operational flow undertake good lubrication practices. Positive displacement based products are widely used in industries owing to their high performance and low maintenance cost. Therefore, the segment accounted for the majority of compressor oil consumed globally. Demand for positive displacement type is expected to develop at an approximate CAGR of 5.0% from 2016 to 2024. Further key findings from the report suggest: Global compressor oil market demand was 6.80 million tons in 2015 and is expected to reach 10.44 million tons by 2024, growing at a CAGR of 4.9% from 2016 to 2024 Synthetic was the leading base oil used in compressor oil and accounted for 43.2% of global volume in 2015. High performance associated with synthetic oils are expected to drive their demand over the forecast period. Increasing global awareness with respect to environmental issues is anticipated to drive the bio-based oil demand. The segment is anticipated to grow at an estimated CAGR of 5.1% from 2016 to 2024. Manufacturing and automotive sector together accounted for over half of the global demand in 2015. Energy industry is expected to capture around one-fifth of revenue share in 2024 with an approximate growth rate of 6% from 2016 to 2024. Follow Us: Asia Pacific is expected to observe the highest regional growth at an approximate CAGR of 5.6% owing to the rapid industrialization in emerging economies including China, India, and South Korea. Key players operating in the global industry are ExxonMobil, Royal Dutch Shell, Total S.A, Lukoil, British Petroleum, Chevron Corporation, BASF, The Dow Chemical, Sasol Limited, Sinopec Limited, Croda International and Fuchs Petrolub. Read our blog on global bulk chemicals industry: http://www.grandviewresearch.com/blogs/bulk-chemicals Table of content of global compressor oil market research report: Chapter 1 Methodology & Scope 1.1 Research Methodology 1.2 Research Scope & Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary 2.1 Compressor oil - Industry Summary & Key Buying Criteria Chapter 3 Compressor Oil Industry Outlook 3.1 Market segmentation 3.2 Market size and growth prospects, 2014 - 2024 3.3 Compressor oil value chain analysis 3.3.1 Vendor landscape 3.4 Raw material analysis 3.5 Legislative framework 3.6 Compressor oil market dynamics 3.6.1 Market driver analysis Follow Us: 3.6.2 Market restraint analysis 3.7 Key market opportunities - prioritized 3.8 Industry analysis - Porter’s 3.9 Compressor oil - Company Market Share Analysis 3.10 Compressor oil - PESTEL analysis Chapter 4 Compressor Oil Compressor Outlook 4.1 Global compressor oil market volume share by compressor, 2015 & 2024 4.2 Positive Displacement Compressor 4.2.1 Market estimates and forecast, 2014 - 2024 4.2.2 Market estimates and forecast by region, 2014 - 2024 4.3 Dynamic Compressor 4.3.1 Market estimates and forecast, 2014 - 2024 4.3.2 Market estimates and forecast by region, 2014 - 2024 Chapter 5 Compressor Oil Base Oil Outlook 5.1 Global compressor oil market volume share by application, 2015 & 2024 5.2 Synthetic 5.2.1 Market estimates and forecast, 2014 - 2024 5.2.2 Market estimates and forecast by region, 2014 - 2024 5.3 Semi-Synthetic 5.3.1 Market estimates and forecast, 2014 - 2024 5.3.2 Market estimates and forecast by region, 2014 - 2024 5.4 Mineral 5.4.1 Market estimates and forecast, 2014 - 2024 5.4.2 Market estimates and forecast by region, 2014 - 2024 5.5 Bio-Based Follow Us: 5.5.1 Market estimates and forecast, 2014 - 2024 5.5.2 Market estimates and forecastby region, 2014 - 2024 Chapter 6 Compressor Oil End-Use Outlook 6.1 Global compressor oil market volume share by application, 2015 & 2024 6.2 Manufacturing 6.2.1 Market estimates and forecast, 2014 - 2024 6.2.2 Market estimates and forecastby region, 2014 - 2024 6.3 Oil & Gas 6.3.1 Market estimates and forecast, 2014 - 2024 6.3.2 Market estimates and forecastby region, 2014 - 2024 6.4 Power 6.4.1 Market estimates and forecast, 2014 - 2024 6.4.2 Market estimates and forecastby region, 2014 - 2024 6.5 Automotive 6.5.1 Market estimates and forecast, 2014 - 2024 6.5.2 Market estimates and forecastby region, 2014 - 20244 6.6 Others 6.6.1 Market estimates and forecast, 2014 - 2024 6.6.2 Market estimates and forecastby region, 2014 - 2024 Chapter 7 Compressor Oil Region Outlook 7.1 Global compressor oil market volume share by region, 2015 & 2024 7.2 North America 7.2.1 Market estimates and forecast, 2014 - 2024 7.2.2 Market estimates and forecast by compressor, 2014 - 2024 7.2.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.4 Market estimates and forecast by end-use, 2014 - 2024 Follow Us: 7.2.5 U.S. 7.2.5.1 Market estimates and forecast, 2014 - 2024 7.2.5.2 Market estimates and forecast bycompressor, 2014 2024 7.2.5.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.5.4 Market estimates and forecast by end-use, 2014 - 2024 7.2.6 Canada 7.2.6.1 Market estimates and forecast, 2014 - 2024 7.2.6.2 Market estimates and forecast by compressor, 2014 2024 7.2.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.2.7 Mexico 7.2.7.1 Market estimates and forecast, 2014 - 2024 7.2.7.2 Market estimates and forecast by compressor, 2014 2024 7.2.7.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.7.4 Market estimates and forecast by end-use, 2014 - 2024 7.3 Europe 7.3.1 Market estimates and forecast, 2014 - 2024 7.3.2 Market estimates and forecast by compressor, 2014 - 2024 7.3.3 Market estimates and forecast by base oil, 2014 - 2024 7.3.4 Market estimates and forecast by end-use, 2014 - 2024 7.3.5 Germany 7.3.5.1 Market estimates and forecast, 2014 - 2024 7.3.5.2 Market estimates and forecast by compressor, 2014 2024 Follow Us: 7.3.5.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.5.4 Market estimates and forecast by end-use, 2014 - 2024 7.3.6 UK 7.3.6.1 Market estimates and forecast, 2014 - 2024 7.3.6.2 Market estimates and forecast by compressor, 2014 2024 7.3.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.3.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.3.7 France 7.3.7.1 Market estimates and forecast, 2014 - 2024 7.3.7.2 Market estimates and forecast by compressor, 2014 2024 7.3.7.3 Market estimates and forecast by base oil, 2014 - 2024 7.3.7.4 Market estimates and forecast by end-use, 2014 - 2024 7.3.8 Spain 7.3.8.1 Market estimates and forecast, 2014 - 2024 7.3.8.2 Market estimates and forecast by compressor, 2014 2024 7.3.8.3 Market estimates and forecast by base oil, 2014 - 2024 7.3.8.4 Market estimates and forecast by end-use, 2014 - 2024 7.3.9 Russia 7.3.9.1 Market estimates and forecast, 2014 - 2024 7.3.9.2 Market estimates and forecast by compressor, 2014 2024 7.3.9.3 Market estimates and forecast by base oil, 2014 - 2024 7.3.9.4 Market estimates and forecast 7.4 Asia Pacific Follow Us: 7.4.1 Market estimates and forecast, 2014 - 2024 7.4.2 Market estimates and forecast by compressor, 2014 - 2024 7.4.3 Market estimates and forecast by base oil, 2014 - 2024 7.4.4 Market estimates and forecast by end-use, 2014 - 2024 7.4.5 China 7.4.5.1 Market estimates and forecast, 2014 - 2024 7.4.5.2 Market estimates and forecast by compressor, 2014 2024 7.4.5.3 Market estimates and forecast by base oil, 2014 - 2024 7.2.5.4 Market estimates and forecast by end-use, 2014 - 2024 7.4.6 India 7.4.6.1 Market estimates and forecast, 2014 - 2024 7.4.6.2 Market estimates and forecast by compressor, 2014 2024 7.4.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.4.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.4.7 Japan 7.4.7.1 Market estimates and forecast, 2014 - 2024 7.4.7.2 Market estimates and forecast by compressor, 2014 2024 7.4.7.3 Market estimates and forecast by base oil, 2014 - 2024 7.4.7.4 Market estimates and forecast by end-use, 2014 - 2024 7.4.8 South Korea 7.4.8.1 Market estimates and forecast, 2014 - 2024 7.4.8.2 Market estimates and forecast by compressor, 2014 2024 7.4.8.3 Market estimates and forecast by base oil, 2014 - 2024 Follow Us: 7.4.8.4 Market estimates and forecast by end-use, 2014 - 2024 7.4.9 Australia 7.4.9.1 Market estimates and forecast, 2014 - 2024 7.4.9.2 Market estimates and forecast by compressor, 2014 2024 7.4.9.3 Market estimates and forecast by base oil, 2014 - 2024 7.4.9.4 Market estimates and forecast by end-use, 2014 - 2024 7.5 Middle East & Africa 7.5.1 Market estimates and forecast, 2014 - 2024 7.5.2 Market estimates and forecast by compressor, 2014 - 2024 7.5.3 Market estimates and forecast by end-use, 2014 - 2024 7.5.4 Saudi Arabia 7.5.4.1 Market estimates and forecast, 2014 - 2024 7.5.4.2 Market estimates and forecast by compressor, 2014 2024 7.5.4.3 Market estimates and forecast by base oil, 2014 - 2024 7.5.4.4 Market estimates and forecast by end-use, 2014 - 2024 7.5.5 South Africa 7.5.5.1 Market estimates and forecast, 2014 - 2024 7.5.5.2 Market estimates and forecast by compressor, 2014 2024 7.5.5.3 Market estimates and forecast by base oil, 2014 - 2024 7.5.5.4 Market estimates and forecast by end-use, 2014 - 2024 7.5.6 Kuwait 7.5.6.1 Market estimates and forecast, 2014 - 2024 7.5.6.2 Market estimates and forecast by compressor, 2014 2024 Follow Us: 7.5.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.5.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.5.7 Iraq 7.5.7.1 Market estimates and forecast, 2014 - 2024 7.5.7.2 Market estimates and forecast by compressor, 2014 2024 7.5.7.3 Market estimates and forecast by base oil, 2014 - 2024 7.5.7.4 Market estimates and forecast by end-use, 2014 - 2024 7.6 Central & South America 7.6.1 Market estimates and forecast, 2014 - 2024 7.6.2 Market estimates and forecast by compressor, 2014 - 2024 7.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.6.5 Brazil 7.6.5.1 Market estimates and forecast, 2014 - 2024 7.6.5.2 Market estimates and forecast by compressor, 2014 2024 7.6.5.3 Market estimates and forecast by base oil, 2014 - 2024 7.6.5.4 Market estimates and forecast by end-use, 2014 - 2024 7.6.6 Argentina 7.6.6.1 Market estimates and forecast, 2014 - 2024 7.6.6.2 Market estimates and forecast by compressor, 2014 2024 7.6.6.3 Market estimates and forecast by base oil, 2014 - 2024 7.6.6.4 Market estimates and forecast by end-use, 2014 - 2024 7.6.7 Venezuela 7.6.7.1 Market estimates and forecast, 2014 - 2024 Follow Us: 7.6.7.2 Market estimates and forecast by compressor, 2014 2024 7.6.7.3 Market estimates and forecast by base oil, 2014 - 2024 7.6.7.4 Market estimates and forecast by end-use, 2014 - 2024 Chapter 8 Competitive Landscape 8.1 Chevron Corporation 8.1.1 Company Overview 8.1.2 Financial Performance 8.1.3 Compressor Benchmarking 8.1.4 Strategic Initiatives 8.2 Royal Dutch Shell PLC. 8.2.1 Company Overview 8.2.2 Financial Performance 8.2.3 Compressor Benchmarking 8.2.4 Strategic Initiatives 8.3 BASF 8.3.1 Company Overview 8.3.2 Financial Performance 8.3.3 Compressor Benchmarking 8.3.4 Strategic Initiatives 8.4 ExxonMobil Corporation 8.4.1 Company Overview 8.4.2 Financial Performance 8.4.3 Compressor Benchmarking 8.4.4 Strategic Initiatives 8.5 Sasol Limited 8.5.1 Company Overview Follow Us: 8.5.2 Financial Performance 8.5.3 Compressor Benchmarking 8.5.4 Strategic Initiatives 8.6 BP PLC 8.6.1 Company Overview 8.6.2 Financial Performance 8.6.3 Compressor Benchmarking 8.6.4 Strategic Initiatives 8.7 Croda International PLC 8.7.1 Company Overview 8.7.2 Financial Performance 8.7.3 Compressor Benchmarking 8.7.4 Strategic Initiatives 8.8 Chevron Corporation 8.8.1 Company Overview 8.8.2 Financial Performance 8.8.3 Compressor Benchmarking 8.8.4 Strategic Initiatives 8.9 The DOW Chemical Company 8.9.1 Company Overview 8.9.2 Financial Performance 8.9.3 Compressor Benchmarking 8.9.4 Strategic Initiatives 8.10 Total S.A. 8.10.1 Company Overview 8.10.2 Financial Performance 8.10.3 Compressor Benchmarking Follow Us: 8.10.4 Strategic Initiatives 8.11 Fuchs Petrolub AG 8.11.1 Company Overview 8.11.2 Financial Performance 8.11.3 Compressor Benchmarking 8.11.4 Strategic Initiatives 8.12 Sinopec Limited 8.12.1 Company Overview 8.12.2 Financial Performance 8.12.3 Compressor Benchmarking 8.12.4 Strategic Initiatives 8.13 Lukoil 8.13.1 Company Overview 8.13.2 Financial Performance 8.13.3 Compressor Benchmarking 8.13.4 Strategic Initiatives 8.14 Indian Oil Corporation Ltd 8.14.1 Company Overview 8.14.2 Financial Performance 8.14.3 Compressor Benchmarking 8.14.4 Strategic Initiatives 8.15 Phillips 66 Lubricants 8.15.1 Company Overview 8.15.2 Financial Performance 8.15.3 Compressor Benchmarking 8.15.4 Strategic Initiatives 8.16 Valvoline Follow Us: 8.16.1 Company Overview 8.16.2 Financial Performance 8.16.3 Compressor Benchmarking 8.16.4 Strategic Initiatives 8.17 Bharat Petroleum Corporation Limited 8.17.1 Company Overview 8.17.2 Financial Performance 8.17.3 Compressor Benchmarking 8.17.4 Strategic Initiatives 8.18 Ultrachem 8.18.1 Company Overview 8.18.2 Financial Performance 8.18.3 Compressor Benchmarking 8.18.4 Strategic Initiatives 8.19 The Lubrizol Corporation 8.19.1 Company Overview 8.19.2 Financial Performance 8.19.3 Compressor Benchmarking 8.19.4 Strategic Initiatives 8.20 Pentrite Oil 8.20.1 Company Overview 8.20.2 Financial Performance 8.20.3 Compressor Benchmarking 8.20.4 Strategic Initiatives Follow Us: About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: [email protected] Web – http://www.grandviewresearch.com/ Follow Us:
The global compressor oil market is expected to reach USD 97.15 billion by 2024, according to a new report by Grand View Research, Inc. Increasing industrialization in Asia Pacific and the Middle East is expected to remain a key driving factor for global compressor oil market over the forecast period. Click here - http://www.grandviewresearch.com/industry-analysis/compressor-oil-market
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