Market Overview:
The global air compressor oil market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for compressed air in various industries such as manufacturing, oil & gas, power generation, automotive and others. In addition, growing awareness about the benefits of using air compressor oils is also expected to boost the growth of this market over the forecast period. On basis of type, common compressor oils are expected to account for a major share in terms of value in 2018 and are projected to maintain its dominance throughout the forecast period. This can be attributed to their low cost as compared with other types of compressor oils available in the market.
Product Definition:
Air compressor oil is a type of lubricant that is used in air compressors. It helps to keep the moving parts of the compressor properly lubricated, which can help to extend the life of the compressor. Additionally, air compressor oil can help to improve performance and reduce wear and tear on the machine.
Common Compressor Oils:
The global common compressor oils market size was valued at USD 1.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its usage in air compressors. The growing industrialization across various countries including India, China, Brazil, Mexico and South Africa has led to an increased demand for compressed air which is further projected to drive the industry growth over the next seven years.
Refrigeration Compressor Oils:
Refrigeration compressor oils are specially formulated to meet the performance specifications of compressors used in air conditioning and refrigeration applications. Refrigerant oil is a special type of synthetic that is used as a coolant and an anti-freezing agent. It maintains the temperature difference between the inside unit and outside environment by reducing heat loss or gain through conduction, convection or radiation.
Application Insights:
Manufacturing was the largest application segment in 2017 and will continue to be so over the forecast period. The manufacturing sector is one of the key consumers of compressors oils as they are required to operate at high temperatures and pressures. In addition, these oils help smoothen out any vibrations or noise that may occur during operation which further enhances their demand in this sector.
The oil & gas segment is expected to register a CAGR of XX% from 2018 to 2030 owing to rising production levels across various countries including Saudi Arabia, Russia, China, U.S., Canada among others.
Regional Analysis:
Asia Pacific dominated the global air compressor oil market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturing facilities, which use compressors as part of their industrial machinery. Furthermore, rapid urbanization coupled with increasing infrastructure activities in developing countries such as China and India are likely to drive product demand over the next eight years.
The North America market was valued at USD X million in 2017 owing to high consumption levels for industrial applications from various end-use industries such as metal processing, food & beverage and chemicals among others across U.S., Canada and Mexico.
Growth Factors:
- Increasing demand for compressed air in various industries
- Rising awareness about the benefits of using air compressor oil
- Technological advancements in the air compressor oil market
- Growing demand from emerging economies
- Increasing investments by key players in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Compressor Oil Market Research Report
By Type
Common Compressor Oils, Refrigeration Compressor Oils
By Application
Manufacturing, Oil & gas, Power, Automotive, Others
By Companies
IndiaOil, Hindustan Petroleum, Bharat Petroleum, BP (Castrol), Ashland (Valvoline), Shell, Gulf, Apar Industries, Savita Chemicals, Raj Petro Specialities, ExxonMobil, Chevron, Dow Cornning, Total, IR, FUCHS, Amsoil, BASF, JX, Klüber Lubrication, Palco, ENEOS, IDEMITSU, Eastern Petroleum, AVI-OIL, PETRO-CANADA, ULTRACHEM, Novvi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Air Compressor Oil Market Report Segments:
The global Air Compressor Oil market is segmented on the basis of:
Types
Common Compressor Oils, Refrigeration Compressor Oils
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Oil & gas, Power, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IndiaOil
- Hindustan Petroleum
- Bharat Petroleum
- BP (Castrol)
- Ashland (Valvoline)
- Shell
- Gulf
- Apar Industries
- Savita Chemicals
- Raj Petro Specialities
- ExxonMobil
- Chevron
- Dow Cornning
- Total
- IR
- FUCHS
- Amsoil
- BASF
- JX
- Klüber Lubrication
- Palco
- ENEOS
- IDEMITSU
- Eastern Petroleum
- AVI-OIL
- PETRO-CANADA
- ULTRACHEM
- Novvi
Highlights of The Air Compressor Oil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Common Compressor Oils
- Refrigeration Compressor Oils
- By Application:
- Manufacturing
- Oil & gas
- Power
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Compressor Oil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Air compressor oil is a type of engine oil that is used in air compressors. It helps to lubricate the moving parts of the compressor and protect them from wear.
Some of the major companies in the air compressor oil market are IndiaOil, Hindustan Petroleum, Bharat Petroleum, BP (Castrol), Ashland (Valvoline), Shell, Gulf, Apar Industries, Savita Chemicals, Raj Petro Specialities, ExxonMobil, Chevron, Dow Cornning, Total, IR, FUCHS, Amsoil, BASF, JX, Kl¼ber Lubrication, Palco, ENEOS, IDEMITSU, Eastern Petroleum, AVI-OIL, PETRO-CANADA, ULTRACHEM, Novvi.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Compressor Oil Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Air Compressor Oil Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Air Compressor Oil Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Air Compressor Oil Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Air Compressor Oil Market Size & Forecast, 2018-2028 4.5.1 Air Compressor Oil Market Size and Y-o-Y Growth 4.5.2 Air Compressor Oil Market Absolute $ Opportunity
Chapter 5 Global Air Compressor Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Compressor Oil Market Size Forecast by Type
5.2.1 Common Compressor Oils
5.2.2 Refrigeration Compressor Oils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Compressor Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Compressor Oil Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Oil & gas
6.2.3 Power
6.2.4 Automotive
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Compressor Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Compressor Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Compressor Oil Analysis and Forecast
9.1 Introduction
9.2 North America Air Compressor Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Compressor Oil Market Size Forecast by Type
9.6.1 Common Compressor Oils
9.6.2 Refrigeration Compressor Oils
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Compressor Oil Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Oil & gas
9.10.3 Power
9.10.4 Automotive
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Compressor Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Air Compressor Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Compressor Oil Market Size Forecast by Type
10.6.1 Common Compressor Oils
10.6.2 Refrigeration Compressor Oils
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Compressor Oil Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Oil & gas
10.10.3 Power
10.10.4 Automotive
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Compressor Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Compressor Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Compressor Oil Market Size Forecast by Type
11.6.1 Common Compressor Oils
11.6.2 Refrigeration Compressor Oils
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Compressor Oil Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Oil & gas
11.10.3 Power
11.10.4 Automotive
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Compressor Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Compressor Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Compressor Oil Market Size Forecast by Type
12.6.1 Common Compressor Oils
12.6.2 Refrigeration Compressor Oils
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Compressor Oil Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Oil & gas
12.10.3 Power
12.10.4 Automotive
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Compressor Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Compressor Oil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Compressor Oil Market Size Forecast by Type
13.6.1 Common Compressor Oils
13.6.2 Refrigeration Compressor Oils
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Compressor Oil Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Oil & gas
13.10.3 Power
13.10.4 Automotive
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Compressor Oil Market: Competitive Dashboard
14.2 Global Air Compressor Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IndiaOil
14.3.2 Hindustan Petroleum
14.3.3 Bharat Petroleum
14.3.4 BP (Castrol)
14.3.5 Ashland (Valvoline)
14.3.6 Shell
14.3.7 Gulf
14.3.8 Apar Industries
14.3.9 Savita Chemicals
14.3.10 Raj Petro Specialities
14.3.11 ExxonMobil
14.3.12 Chevron
14.3.13 Dow Cornning
14.3.14 Total
14.3.15 IR
14.3.16 FUCHS
14.3.17 Amsoil
14.3.18 BASF
14.3.19 JX
14.3.20 Klüber Lubrication
14.3.21 Palco
14.3.22 ENEOS
14.3.23 IDEMITSU
14.3.24 Eastern Petroleum
14.3.25 AVI-OIL
14.3.26 PETRO-CANADA
14.3.27 ULTRACHEM
14.3.28 Novvi