GLOBAL COMPRESSOR OIL MARKET

INTRODUCTION

Compressor oil is a specially prepared oil used to lubricate and preserve the moving parts of air compressors and other types of compressors. It is also known as compressor lubricant or compressor fluid. Compressor oil is critical to guaranteeing the compressor's effective and reliable operation since it decreases friction and wear between the compressor's internal components, increases the equipment's lifespan, and aids in the dissipation of heat created during compression.

 These are typical compressor oils made from refined mineral base stocks. They provide enough lubrication and are suitable for standard compressors operating in mild conditions. Compressor oil forms a thin layer between the compressor's moving parts, decreasing friction and wear and thereby preventing damage and extending the life of the equipment. During the compression process, compressors generate heat. The compressor oil aids in heat dissipation and maintains the equipment running at safe temperatures.

These are standard compressor oils derived from refined mineral base stocks. They provide enough lubrication and are appropriate for typical compressors running in mild circumstances. Synthetic compressor oils are made out of synthetic base stocks and cutting-edge additives. They have a longer service life, operate better at high temperatures, and are more resistant to oxidation and thermal breakdown. Food-grade compressor oils are specifically created for compressors used in the food processing and pharmaceutical industries, where food or medications may come into contact. Proper compressor maintenance, including regular oil changes and monitoring oil levels and condition, is critical to ensuring the equipment's effective and reliable functioning. 

GLOBAL COMPRESSOR OIL MARKET SIZE AND FORECAST

The Global compressor oil market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

Valvoline Cummins Private Ltd., the Original Engine Oil Manufacturer and a prominent worldwide lubricant manufacturer with 150 years of creating ground-breaking lubricant technology, has continued to introduce revolutionary products for its clients.

Valvoline has released Valcomp Compressor Oil Synth 68 for air compressors, recognizing the requirement of the industrial sector and the issues that result from the continuing operation of pneumatic compressors and air-compressor-based machinery. 

Valcomp Compressor Oil Synth 68 is highly recommended for RIG applications where compressors are subjected to prolonged deep drilling in dusty environments and are subjected to substantial wear and tear. 

COMPANY PROFILE

• Royal Dutch Shell plc
• Chevron Corporation
• Exxon Mobil Corporation
• Repsol
• FUCHS

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many compressor oil are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global compressor oil and key vendor selection criteria
3. Where is the compressor oil manufactured? What is the average margin per unit?
4. Market share of Global compressor oil market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global compressor oil in-house
6. key predictions for next 5 years in Global compressor oil market
7. Average B-2-B compressor oil market price in all segments
8. Latest trends in compressor oil market, by every market segment
9. The market size (both volume and value) of the compressor oil market in 2023-2030 and every year in between?
10. Production breakup of compressor oil market, by suppliers and their OEM relationship