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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A specialised lubricant called turbine compressor oil is made particularly for the lubrication and cooling of gas turbines and compressors.
Many sectors, including power generation, oil and gas, chemical processing, and aviation, require gas turbines and compressors. These machines work in tough environments and need high-performance lubricants to operate effectively and consistently.
The oil used in turbine compressors is specially designed to offer excellent lubrication, heat transmission, and defence against oxidation, corrosion, and wear. It is built to endure harsh pressure conditions, high working temperatures, and the presence of pollutants including water, dust, and airborne particles.
Lubrication is one of the vital purposes of turbine compressor oil. Intricate systems with rotating parts, such as bearings, gears, and seals, are found in gas turbines and compressors.
Oil used in turbine compressors serves as both a lubricant and a coolant. During operation, gas turbines and compressors produce a significant amount of heat, which the oil helps to disperse, avoiding an excessive temperature rise and ensuring ideal working conditions. The oil's efficient heat transfer qualities aid in preserving equipment performance and prolonging its service life.
The capacity of turbine compressor oil to shield equipment from oxidation and corrosion is another crucial feature. Compressors and gas turbines are subjected to a variety of pollutants and challenging working conditions.
On metal surfaces, the oil creates a barrier that protects against corrosion brought on by moisture and chemical reactions. It also has ingredients that prevent deposits from forming and oxidation, resulting in cleaner and more effective performance.
TheGlobal turbine compressor oil marketaccounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In order to improve energy efficiency, ExxonMobil and General Electric (GE) recently announced the introduction of a new gas turbine oil. When compared to standard ISO VG 32 turbine oils, Mobil SHC 918 EE combines revolutionary technologies to increase turbine bearing efficiency .
The technology is intended to assist power plant operators in lowering energy usage and the cost of generating electricity and is designed for use in multi-shaft GE gas turbines.ExxonMobil delivers step-out performance that can singlehandedly deliver an impactful efficiency improvement.
The thermal stability properties of Mobil SHC 918 EE have been improved to reduce varnish occurrence and improve overall turbine dependability.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |