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    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Compressor Oil Market | Covid-19 Impact Analysis

    Compressor Oil Market | Covid-19 Impact Analysis

    Compressor Oil Market | Covid-19 Impact Analysis
    Report code - SRAM350 Delivery - 2 Weeks
    Compressor Oil Market Size, Share, Trend, Forecast, & Industry Analysis
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    Impact of COVID-19 on Compressor Oil Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Compressor Oil Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Compressor Oil Market Insights

    Compressor oil market is likely to witness an impressive CAGR of 5.4% during the forecast period. The growing demand for compressor oil is mainly due to the increasing manufacturing and construction activities all across the globe.

    Compressor Oil Market – Snapshot

    Growth

    5.4% for the next five years

    Major Compressor Type

    Dynamic Compressor

    Major Base Oil Type

    Synthetic Oil

    Major End-User Industry Type

    General Manufacturing

    Region with the highest demand

    Asia-Pacific

    Key Players

    British Petroleum (BP) PLC, Chevron Corporation, Exxonmobil Corporation, Fuchs Group, Idemitsu Kosan Co. Ltd., Indian Oil Corporation Ltd., Lukoil, Royal Dutch Shell PLC, Sinopec Limited, and Total SA.

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    Market Share Analysis

    Compressor Oil Market Share: By Compressor Type

    Based on the compressor type, the market is segmented as dynamic compressor and positive displacement compressor. The dynamic compressor segment held the larger share of the market in 2019, and is expected to remain dominant during the forecast period. Dynamic compressors convey a huge volume of air by quickening it to high speed with the assistance of rotating blades and limit the air to decelerate under extension to increase pressure.

    Compressor Oil Market Share: By Base Oil Type

    Based on the base oil type, the compressor oil market is segmented as synthetic oil, mineral oil, semi-synthetic oil, and bio-based oil. The synthetic oil segment leads the market owing to its excellent properties such as chemical resistance, better viscosity index, higher shear stability, and higher performance in extreme conditions.

    Compressor Oil Market Share: By End-User Industry Type

    Based on the end-user industry type, the market is segmented as general manufacturing, construction, oil & gas, mining, chemical & petrochemical, power generation, and others. The general manufacturing segment is expected to remain dominant, whereas chemical & petrochemical is likely to be the fastest-growing market during the forecast period.

    Compressor Oil Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing compressor oil market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the market is owing to the increasing investment in the infrastructure development and continuously growing manufacturing and construction sectors in the developing countries.

    Some of the major compressor oil manufacturers are-

    • British Petroleum (BP) PLC
    • Chevron Corporation
    • Exxonmobil Corporation
    • Fuchs Group
    • Idemitsu Kosan Co. Ltd.
    • Indian Oil Corporation Ltd.
    • Lukoil
    • Royal Dutch Shell PLC
    • Sinopec Limited
    • Total SA

     

    Market Scope & Segmentation

    Compressor oils are fluids that help maintain cleaner compressors. The oil is designed to provide long service life to the compressors. The oil is made in three types, oil base synthetic oil, mineral oil, semi-synthetic oil, and bio-based oil.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Compressor Oil Market Research Report – Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

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    The compressor oil market is segmented into the following categories. 

    Compressor Oil Market Size, Share, & Forecast, by Compressor Type:

    • Dynamic Compressor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Positive Displacement Compressor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Compressor Oil Market Size, Share, & Forecast, by Application Type:

    • Gas Compressor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Air Compressor (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Compressor Oil Market Size, Share, & Forecast, by Base Oil Type:

    • Synthetic Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mineral Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Semi-Synthetic Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Bio-Based Oil (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Compressor Oil Market Size, Share, & Forecast, by End-User Industry Type:

    • General Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Chemical & Petrochemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Power Generation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Compressor Oil Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the compressor types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Compressor Oil Market in the foreseeable future?

    The compressor oil market is expected to witness an impressive growth of 5.4% CAGR in the foreseeable future.

    Which type of end use industry is expected to remain dominant?

    The general manufacturing segment is expected to remain dominant end use industry in the compressor oil market in the coming years.

    Who are the key players in the Compressor Oil Market?

    British Petroleum (BP) PLC, Chevron Corporation, Exxonmobil Corporation, Fuchs Group, Idemitsu Kosan Co. Ltd., Indian Oil Corporation Ltd., Lukoil, Royal Dutch Shell PLC, Sinopec Limited, and Total SA are among the key players in the compressor oil market.

    Which country/region is expected to remain the largest Compressor Oil Market?

    Asia-Pacific is expected to remain the largest market for compressor oil during the next five years.

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