コンプレッサーオイル市場レポート：コンプレッサータイプ別、ベースオイル別、用途別、最終用途産業別、地域別、2024-2032年

世界のコンプレッサーオイル市場規模は2023年に67億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに94億米ドルに達し、2024年から2032年の間に3.8%の成長率（CAGR）を示すと予測しています。各部門における工業化と自動化の進展、環境に優しいコンプレッサーオイルを支持する厳しい環境規制、暖房・換気・空調（HVAC）産業の拡大、様々な用途におけるコンプレッサーの需要、コンプレッサーオイル配合における研究主導型の技術革新が、市場拡大に寄与しています。

コンプレッサーオイルは、しばしば潤滑油と呼ばれ、様々なタイプのコンプレッサーに使用される特殊な流体であり、コンプレッサーのスムーズで効率的な運転を保証します。その主な目的は、コンプレッサー内の可動部品を潤滑し、摩擦と摩耗を減らして機器の寿命を延ばすことです。コンプレッサーオイルはまた、圧縮時に発生する熱を放散させ、最適な運転温度を維持する上で重要な役割を果たします。コンプレッサーオイルの使用には、性能の向上、メンテナンスコストの削減、エネルギー効率の改善など、いくつかの利点があります。コンプレッサーオイルは、空気漏れを防ぎ、圧縮比を向上させます。さらに、コンプレッサーオイルは、重要なコンポーネントに防錆と防食を提供します。コンプレッサーオイルには、鉱物油、合成油、半合成油など、コンプレッサーの用途に合わせて設計されたさまざまな種類があります。鉱物油はコスト効率が高く、標準的なコンプレッサーに適していますが、合成油は酸化に強く、温度範囲が広いため、特に過酷な条件下で優れた性能を発揮します。半合成油は、両方の利点を兼ね備え、コスト効率と性能のバランスを提供します。

世界のコンプレッサーオイル市場は、製造業、自動車、石油・ガスなど様々な産業におけるコンプレッサー需要の増加の影響を受けています。さらに、排出ガスとエネルギー効率に関する厳しい環境規制が、カーボンフットプリントの削減に貢献する先進的なコンプレッサーオイルの採用を促しており、これが市場の成長を促進しています。これに伴い、産業オートメーションの動向の高まりや、暖房・換気・空調（HVAC）産業の拡大も市場成長を後押ししています。さらに、既存のインフラにおけるコンプレッサーのメンテナンスと交換サイクルは、市場を維持する上で極めて重要な役割を果たしています。これとは別に、主な市場プレーヤーは、革新的で高性能なコンプレッサーオイルを生産するために研究開発（R&D）に継続的に投資しており、これが市場の成長をさらに促進しています。

コンプレッサーオイル市場の動向と促進要因：

コンプレッサー需要の増加

世界のコンプレッサーオイル市場を促進している主な要因は、様々な産業におけるコンプレッサー需要の増加です。コンプレッサーは、製造業や自動車から石油・ガス、HVACシステムに至るまで、幅広い用途の主要部品です。産業の拡大と近代化に伴い、空気圧縮、冷凍、ガス処理などのプロセスを促進するコンプレッサーの必要性が高まっています。このような需要の高まりは、コンプレッサーオイル市場に直接影響を及ぼします。コンプレッサーオイルは、これらの機械の効率的で円滑な機能を確保するために極めて重要です。市場の世界化と、より高い生産性の絶え間ない追求に伴い、世界中の産業がコンプレッサーに依存する先進技術を取り入れています。そのため、高品質のコンプレッサーオイルが求められています。コンプレッサーオイルのメーカーとサプライヤーは、潤滑だけでなく、コンプレッサーの性能と寿命を高める製品の開発に注力しています。その結果、コンプレッサーの需要の増加は、世界のコンプレッサーオイル市場の成長の極めて重要な原動力となっています。

厳しい環境規制

コンプレッサーオイルの世界市場に影響を与えるもう一つの重要な要因は、世界各国の政府によって課されている厳しい環境規制です。これらの規制は、排出を抑制し、エネルギー効率を高め、産業プロセスの環境フットプリントを削減することを目的としています。これらの指令に対応するため、産業界は、環境に適合したコンプレッサーオイルの採用を含め、環境に優しく持続可能な慣行へと移行しています。コンプレッサーオイルは、コンプレッサーの運転におけるエネルギー消費と排出を最小限に抑える上で重要な役割を果たします。そのため、低毒性や生分解性など、環境面で改善されたコンプレッサーオイルへの需要が高まっています。市場各社は、これらの環境基準を満たすだけでなく、高性能の潤滑を提供するコンプレッサーオイルを調合するための研究開発に投資しています。

産業オートメーションとHVACの拡大の台頭

世界のコンプレッサーオイル市場は、産業オートメーションの台頭とHVAC（暖房、換気、空調）産業の拡大によってさらに影響を受けています。製造業や工業プロセスでは自動化がますます普及しており、自動化システムをサポートするコンプレッサーの需要が高まっています。コンプレッサーオイルは、自動化されたコンプレッサーの効率的な運転を維持するために不可欠です。さらに、HVAC業界は、都市化、生活水準の向上、気候制御のニーズにより、著しい成長を遂げています。HVACシステムは、温度と空気の質を管理するためにコンプレッサーに依存しており、コンプレッサーオイルの安定した需要を生み出しています。新興国を中心としたこの産業の拡大は、コンプレッサーオイル市場の主要な促進要因となっています。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界のコンプレッサーオイル市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場内訳：コンプレッサータイプ別
• 市場内訳：ベースオイル別
• 市場内訳：用途別
• 市場内訳：最終用途産業別
• 市場内訳：地域別
• 市場予測

第6章 市場内訳：コンプレッサータイプ別

• 容積式コンプレッサー
  • 市場動向
  • 市場展望
• ダイナミックコンプレッサー
  • 市場動向
  • 市場予測

第7章 市場内訳：ベースオイル別

• 合成油
  • 市場動向
  • 市場予測
• 鉱物油
  • 市場動向
  • 市場予測
• 半合成油
  • 市場動向
  • 市場予測
• バイオベース油
  • 市場動向
  • 市場予測

第8章 市場内訳：用途別

• ガス圧縮機
  • 市場動向
  • 市場展望
• 空気圧縮機
  • 市場動向
  • 市場展望

第9章 市場内訳：最終用途産業別

• 一般製造
  • 市場動向
  • 市場予測
• 建設
  • 市場動向
  • 市場予測
• 石油・ガス
  • 市場動向
  • 市場予測
• 鉱業
  • 市場動向
  • 市場予測
• 化学・石油化学
  • 市場動向
  • 市場予測
• 発電
  • 市場動向
  • 市場予測
• その他
  • 市場動向
  • 市場予測

第10章 市場内訳：地域別

• アジア太平洋
  • 市場動向
  • 市場予測
• 欧州
  • 市場動向
  • 市場予測
• 北米
  • 市場動向
  • 市場予測
• 中東・アフリカ
  • 市場動向
  • 市場予測
• ラテンアメリカ
  • 市場動向
  • 市場予測

第11章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第14章 価格分析

第15章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Royal Dutch Shell PLC
  • ExxonMobil Corporation
  • BP International Limited
  • Chevron Corporation
  • Total S.A.
  • Sinopec Group
  • The PJSC Lukoil Oil Company
  • Indian Oil Corporation Ltd.
  • The Fuchs Group
  • Idemitsu Kosan Co. Ltd.
  • Petroliam Nasional Berhad（Petronas）
  • DuPont de Nemours, Inc.（DuPont）
  • Croda International PLC.
  • Sasol Limited
  • The Phillips 66 Company
  • Bel-Ray Company LLC.
  • Morris Lubricants Limited
  • Penrite Oil Company

List of Figures

• Figure 1: Global: Compressor Oil Market: Major Drivers and Challenges
• Figure 2: Global: Compressor Oil Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Compressor Oil Market: Breakup by Compressor Type (in %), 2023
• Figure 4: Global: Compressor Oil Market: Breakup by Base Oil (in %), 2023
• Figure 5: Global: Compressor Oil Market: Breakup by Application (in %), 2023
• Figure 6: Global: Compressor Oil Market: Breakup by End Use Industry (in %), 2023
• Figure 7: Global: Compressor Oil Market: Breakup by Region (in %), 2023
• Figure 8: Global: Compressor Oil Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 9: Global: Compressor Oil Industry: SWOT Analysis
• Figure 10: Global: Compressor Oil Industry: Value Chain Analysis
• Figure 11: Global: Compressor Oil Industry: Porter's Five Forces Analysis
• Figure 12: Global: Compressor Oil (Positive Displacement Compressor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 13: Global: Compressor Oil (Positive Displacement Compressor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 14: Global: Compressor Oil (Dynamic Compressor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 15: Global: Compressor Oil (Dynamic Compressor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 16: Global: Compressor Oil (Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 17: Global: Compressor Oil (Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 18: Global: Compressor Oil (Mineral) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 19: Global: Compressor Oil (Mineral) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 20: Global: Compressor Oil (Semi-Synthetic) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 21: Global: Compressor Oil (Semi-Synthetic) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 22: Global: Compressor Oil (Bio-Based) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 23: Global: Compressor Oil (Bio-Based) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 24: Global: Compressor Oil (Gas Compressor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 25: Global: Compressor Oil (Gas Compressor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 26: Global: Compressor Oil (Air Compressor) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 27: Global: Compressor Oil (Air Compressor) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 28: Global: Compressor Oil (General Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 29: Global: Compressor Oil (General Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 30: Global: Compressor Oil (Construction) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 31: Global: Compressor Oil (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 32: Global: Compressor Oil (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 33: Global: Compressor Oil (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 34: Global: Compressor Oil (Mining) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 35: Global: Compressor Oil (Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 36: Global: Compressor Oil (Chemical and Petrochemical) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 37: Global: Compressor Oil (Chemical and Petrochemical) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 38: Global: Compressor Oil (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 39: Global: Compressor Oil (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 40: Global: Compressor Oil (Other Industries) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 41: Global: Compressor Oil (Other Industries) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 42: Asia Pacific: Compressor Oil Market: Sales Value (in Million US$), 2018 & 2023
• Figure 43: Asia Pacific: Compressor Oil Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 44: Europe: Compressor Oil Market: Sales Value (in Million US$), 2018 & 2023
• Figure 45: Europe: Compressor Oil Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 46: North America: Compressor Oil Market: Sales Value (in Million US$), 2018 & 2023
• Figure 47: North America: Compressor Oil Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 48: Middle East and Africa: Compressor Oil Market: Sales Value (in Million US$), 2018 & 2023
• Figure 49: Middle East and Africa: Compressor Oil Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 50: Latin America: Compressor Oil Market: Sales Value (in Million US$), 2018 & 2023
• Figure 51: Latin America: Compressor Oil Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

• Table 1: Global: Compressor Oil Market: Key Industry Highlights, 2023 & 2032
• Table 2: Global: Compressor Oil Market Forecast: Breakup by Compressor Type (in Million US$), 2024-2032
• Table 3: Global: Compressor Oil Market Forecast: Breakup by Base Oil (in Million US$), 2024-2032
• Table 4: Global: Compressor Oil Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 5: Global: Compressor Oil Market Forecast: Breakup by End Use Industry (in Million US$), 2024-2032
• Table 6: Global: Compressor Oil Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 7: Global: Compressor Oil Market Structure
• Table 8: Global: Compressor Oil Market: Key Players

Abstract

The global compressor oil market size reached US$ 6.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. Increasing industrialization and automation across sectors, stringent environmental regulations favoring eco-friendly compressor oils, the expanding heating, ventilation, and air conditioning (HVAC) industry, the demand for compressors in various applications, and research-driven innovation in compressor oil formulations contribute to market expansion.

Compressor oil, often referred to as lubricating oil, is a specialized fluid used in various types of compressors to ensure their smooth and efficient operation. Its primary purpose is to lubricate the moving parts within the compressor, reducing friction and wear thereby extending the equipment's lifespan. Compressor oil also plays a crucial role in dissipating heat generated during compression, helping to maintain optimal operating temperatures. There are several advantages associated with using compressor oil, including enhanced performance, reduced maintenance costs, and improved energy efficiency. It aids in sealing and preventing air leakage, leading to higher compression ratios. Additionally, compressor oil provides rust and corrosion protection to critical components. There are different types of compressor oils designed to suit specific compressor applications, including mineral-based oils, synthetic oils, and semi-synthetic oils. Mineral-based oils are cost-effective and suitable for standard compressors, while synthetic oils offer superior performance, especially in extreme conditions, owing to their resistance to oxidation and wide temperature range. Semi-synthetic oils combine the benefits of both types, offering a balance between cost-efficiency and performance.

The global compressor oil market is influenced by the increasing demand for compressors across various industries, including manufacturing, automotive, and oil & gas. Additionally, stringent environmental regulations regarding emissions and energy efficiency are prompting the adoption of advanced compressor oils that contribute to lower carbon footprints, which is augmenting market growth. In line with this, the growing trend of industrial automation and the expansion of the heating, ventilation, and air conditioning (HVAC) industry are also driving the market growth. Furthermore, the maintenance and replacement cycles of compressors in existing infrastructure play a pivotal role in sustaining the market. Apart from this, key market players are continuously investing in research and development (R&D) to produce innovative and high-performance compressor oils, which further propels market growth.

Compressor Oil Market Trends/Drivers:

Increasing demand for compressors

The primary driver propelling the global compressor oil market is the increasing demand for compressors across various industries. Compressors are key components in a wide range of applications, from manufacturing and automotive to oil & gas and HVAC systems. As industries expand and modernize their operations, the need for compressors to facilitate processes like air compression, refrigeration, and gas handling grows in tandem. This heightened demand directly impacts the market for compressor oils, which are crucial for ensuring the efficient and smooth functioning of these machines. With the globalization of markets and the constant quest for higher productivity, industries worldwide are embracing advanced technologies that rely on compressors. This, in turn, fuels the requirement for high-quality compressor oils. Manufacturers and suppliers of compressor oils are focusing on developing products that not only lubricate but also enhance the performance and longevity of compressors. Consequently, the increasing demand for compressors remains a pivotal driver in the growth of the global compressor oil market.

Stringent environmental regulations

Another significant driver influencing the global compressor oil market is the stringent environmental regulations imposed by governments worldwide. These regulations aim to curb emissions, enhance energy efficiency, and reduce the environmental footprint of industrial processes. In response to these mandates, industries are transitioning towards eco-friendly and sustainable practices, including the adoption of environmentally compliant compressor oils. Compressor oils play a crucial role in minimizing energy consumption and emissions in compressor operations. This has led to a growing demand for compressor oils with improved environmental credentials, such as low toxicity and biodegradability. Market players are investing in research and development to formulate compressor oils that not only meet these environmental standards but also provide high-performance lubrication.

Rise of industrial automation and HVAC expansion

The global compressor oil market is further influenced by the rise of industrial automation and the expansion of the HVAC (Heating, Ventilation, and Air Conditioning) industry. Automation is becoming increasingly prevalent in manufacturing and industrial processes, leading to a higher demand for compressors to support automated systems. Compressor oils are essential for maintaining the efficient operation of these automated compressors. Additionally, the HVAC industry is experiencing significant growth due to urbanization, rising living standards, and climate control needs. HVAC systems rely on compressors to manage temperature and air quality, creating a consistent demand for compressor oils. The expansion of this industry, particularly in emerging economies, is a key driver for the compressor oil market.

Compressor Oil Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global compressor oil market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on compressor type, base oil, application and end use industry.

Breakup by Compressor Type:

Positive Displacement Compressor

Dynamic Compressor

Dynamic compressor dominates the market

A detailed breakup and analysis of the market based on the compressor type has also been provided in the report. This includes positive displacement compressor and dynamic compressor. According to the report, dynamic compressor represented the largest segment.

The dynamic compressor segment is witnessing robust growth driven by rapid industrialization and the increasing adoption of automated systems across various industries. These machines are essential for maintaining efficient and reliable pneumatic and hydraulic operations, thus becoming integral components of automated processes. In line with this, stringent environmental regulations have prompted industries to seek more energy-efficient solutions, which is supporting segment growth. Dynamic compressors, with their capacity for higher compression ratios and greater energy efficiency, are becoming the preferred choice in this context. Additionally, the growth of the HVAC industry, driven by urbanization and rising living standards, has led to increased demand for dynamic compressors for air conditioning and refrigeration applications. Moreover, technological advancements and innovations in dynamic compressor design and materials are enhancing their performance, durability, and versatility, further fueling market growth. Furthermore, globalization and expanding industrial operations in emerging economies are creating opportunities for dynamic compressor manufacturers. Apart from this, ongoing research and development efforts to optimize dynamic compressor designs and capabilities ensure a promising outlook for this segment in the foreseeable future.

Breakup by Base Oil:

Synthetic Oil

Mineral Oil

Semi-Synthetic Oil

Bio-Based Oil

Synthetic oil dominates the market

The report has provided a detailed breakup and analysis of the market based on the base oil. This includes synthetic oil, mineral oil, semi-synthetic oil, and bio-based oil. According to the report, synthetic oil represented the largest segment.

The synthetic oil segment is witnessing robust growth in the global compressor oil market, primarily driven by the surging demand for high-performance lubricants capable of withstanding extreme operating conditions. Synthetic compressor oils are engineered to offer exceptional thermal stability, oxidation resistance, and reduced volatility, making them ideal for compressors operating at elevated temperatures and pressures. In line with this, stringent environmental regulations are pushing industries towards more environmentally friendly solutions. Synthetic compressor oils, with their low toxicity and biodegradability, align with these regulations and are increasingly favored over conventional mineral-based oils. Furthermore, the growing trend of industrial automation and the need for compressor oils that can provide consistent lubrication and protection in automated systems are boosting the demand for synthetic variants. Additionally, advancements in synthetic oil formulations, driven by ongoing research and development efforts, are continually improving their performance characteristics.

Breakup by Application:

Gas Compressor

Air Compressor

Air compressor dominates the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. This includes gas compressor and air compressor. According to the report, air compressor represented the largest segment.

The growth of the air compressor segment is primarily driven by the expansion of industries, such as manufacturing, automotive, construction, and oil & gas relies. This sustained industrialization is fueling the demand for air compressors. This is further supported by the increasing awareness of energy efficiency and environmental concerns, which is promoting the adoption of more advanced and energy-efficient air compressors. Moreover, stringent regulations and emissions standards are pushing industries to replace outdated and less environmentally friendly compressors with newer, eco-friendly models. Additionally, the growing trend of automation in manufacturing and industrial processes necessitates the use of air compressors, driving their demand further. In line with this, the construction industry's rapid development, especially in emerging economies, requires air compressors for tasks like drilling and excavation. Furthermore, ongoing research and development efforts are resulting in more reliable and efficient air compressors, attracting users looking for enhanced performance and reduced operational costs.

Breakup by End Use Industry:

General Manufacturing

Construction

Oil and Gas

Mining

Chemical and Petrochemical

Power Generation

Others

General manufacturing holds the largest share in the market

A detailed breakup and analysis of the market based on the end use industry has also been provided in the report. This includes general manufacturing, construction, oil and gas, mining, chemical and petrochemical, power generation, and others. According to the report, general manufacturing represented the largest segment.

The growth of the general manufacturing segment is primarily driven by technological advancements, as automation, robotics, and Industry 4.0 concepts are increasingly integrated into manufacturing processes, enhancing efficiency and productivity. Additionally, the globalization of supply chains and markets opens up new opportunities for manufacturers to expand their reach and tap into diverse customer bases. Moreover, sustainability has become a driving force in manufacturing, with companies adopting eco-friendly practices to meet consumer and regulatory demands. This includes the use of green materials, energy-efficient processes, and reduced waste generation. Furthermore, the rise of e-commerce and changing consumer preferences for customization and shorter lead times are pushing manufacturers to be more agile and flexible in their operations. Government policies and incentives to promote local manufacturing, coupled with advancements in materials science, also stimulate growth. Apart from this, the ongoing emphasis on research and development fosters innovation in product design and manufacturing processes, further fueling the general manufacturing segment's expansion.

Breakup by Region:

Asia Pacific

Europe

North America

Middle East and Africa

Latin America

Asia Pacific exhibits a clear dominance, accounting for the largest compressor oil market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. According to the report, Asia Pacific represented the largest segment.

The Asia Pacific region is witnessing robust growth in the compressor oil market, primarily driven by the region's rapid industrialization and urbanization, which are generating significant demand for compressors across diverse industries, including manufacturing, construction, and automotive. As these sectors expand and modernize their operations, the need for efficient compressor systems, and consequently, high-quality compressor oils, is on the rise. In line with this, stringent environmental regulations in countries like China, India, and Japan are pushing industries to adopt eco-friendly compressor oils that reduce emissions and comply with environmental standards. This regulatory pressure is fostering a transition towards more sustainable lubrication solutions, thereby boosting the demand for environmentally compliant compressor oils. Furthermore, the burgeoning heating, ventilation, and air conditioning (HVAC) industry in the Asia Pacific region, driven by increasing middle-class populations and rising temperatures, relies heavily on compressors and compressor oils to maintain indoor air quality and comfort.

Competitive Landscape:

The competitive landscape in the global compressor oil market is characterized by a dynamic and evolving environment. Market players are constantly striving to gain a competitive edge through strategies such as product innovation, strategic partnerships, and expansion into emerging markets. In this highly competitive arena, research and development efforts are pivotal. Companies are investing in developing advanced compressor oil formulations that not only provide efficient lubrication but also meet stringent environmental regulations. Additionally, strategic collaborations with compressor manufacturers and end-users are being forged to ensure a steady demand for their products.

Global expansion is a key strategy for many companies, as they seek to tap into emerging markets with growing industrial sectors. Market players are also focusing on optimizing their supply chains and distribution networks to ensure timely and efficient delivery of compressor oils to customers worldwide. Maintaining a strong commitment to sustainability and environmental responsibility is becoming increasingly important in the competitive landscape. Companies that can offer eco-friendly compressor oils that align with environmental regulations are likely to gain a competitive advantage.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Royal Dutch Shell PLC

ExxonMobil Corporation

BP International Limited

Chevron Corporation

Total S.A.

Sinopec Group

The PJSC Lukoil Oil Company

Indian Oil Corporation Ltd.

The Fuchs Group

Idemitsu Kosan Co. Ltd.

Petroliam Nasional Berhad (Petronas)

DuPont de Nemours, Inc. (DuPont)

Croda International PLC

Sasol Limited

The Phillips 66 Company

Bel-Ray Company LLC

Morris Lubricants Limited

Penrite Oil Company

Recent Developments:

In May 2022, PJSC Lukoil announced conclusion of an agreement with subsidiaries of Shell plc (Shell) to acquire 100% share in the company, which conducts retail petroleum products sales and lubricants production in Russia.

In November 2022, The Department of the Treasury's Office of Foreign Assets Control (OFAC) circulated Venezuela General License (GL) 41, authorizing Chevron Corporation (Chevron) to resume limited natural resource extraction operations in Venezuela.

In August 2023, BP moved a step closer to boosting oil and gas production at its flagship Azeri-Chirag-Gunashli (ACG) field in Azerbaijan's sector of the Caspian Sea after a 20,000-ton deck for the Azeri Central East (ACE) platform left a local shipyard.

Key Questions Answered in This Report

• 1. What was the size of the global compressor oil market in 2023?
• 2. What is the expected growth rate of the global compressor oil market during 2024-2032?
• 3. What are the key factors driving the global compressor oil market?
• 4. What has been the impact of COVID-19 on the global compressor oil market?
• 5. What is the breakup of the global compressor oil market based on the compressor type?
• 6. What is the breakup of the global compressor oil market based on the application?
• 7. What are the key regions in the global compressor oil market?
• 8. Who are the key players/companies in the global compressor oil market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Compressor Oil Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Breakup by Compressor Type
• 5.5 Market Breakup by Base Oil
• 5.6 Market Breakup by Application
• 5.7 Market Breakup by End Use Industry
• 5.8 Market Breakup by Region
• 5.9 Market Forecast

6 Market Breakup by Compressor Type

• 6.1 Positive Displacement Compressor
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Dynamic Compressor
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast

7 Market Breakup by Base Oil

• 7.1 Synthetic Oil
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Mineral Oil
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Semi-Synthetic Oil
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Bio-Based Oil
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Application

• 8.1 Gas Compressor
  • 8.1.1 Market Trends
  • 8.1.2 Market Forecast
• 8.2 Air Compressor
  • 8.2.1 Market Trends
  • 8.2.2 Market Forecast

9 Market Breakup by End Use Industry

• 9.1 General Manufacturing
  • 9.1.1 Market Trends
  • 9.1.2 Market Forecast
• 9.2 Construction
  • 9.2.1 Market Trends
  • 9.2.2 Market Forecast
• 9.3 Oil and Gas
  • 9.3.1 Market Trends
  • 9.3.2 Market Forecast
• 9.4 Mining
  • 9.4.1 Market Trends
  • 9.4.2 Market Forecast
• 9.5 Chemical and Petrochemical
  • 9.5.1 Market Trends
  • 9.5.2 Market Forecast
• 9.6 Power Generation
  • 9.6.1 Market Trends
  • 9.6.2 Market Forecast
• 9.7 Others
  • 9.7.1 Market Trends
  • 9.7.2 Market Forecast

10 Market Breakup by Region

• 10.1 Asia Pacific
  • 10.1.1 Market Trends
  • 10.1.2 Market Forecast
• 10.2 Europe
  • 10.2.1 Market Trends
  • 10.2.2 Market Forecast
• 10.3 North America
  • 10.3.1 Market Trends
  • 10.3.2 Market Forecast
• 10.4 Middle East and Africa
  • 10.4.1 Market Trends
  • 10.4.2 Market Forecast
• 10.5 Latin America
  • 10.5.1 Market Trends
  • 10.5.2 Market Forecast

11 SWOT Analysis

• 11.1 Overview
• 11.2 Strengths
• 11.3 Weaknesses
• 11.4 Opportunities
• 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

• 13.1 Overview
• 13.2 Bargaining Power of Buyers
• 13.3 Bargaining Power of Suppliers
• 13.4 Degree of Competition
• 13.5 Threat of New Entrants
• 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

• 15.1 Market Structure
• 15.2 Key Players
• 15.3 Profiles of Key Players
  • 15.3.1 Royal Dutch Shell PLC
  • 15.3.2 ExxonMobil Corporation
  • 15.3.3 BP International Limited
  • 15.3.4 Chevron Corporation
  • 15.3.5 Total S.A.
  • 15.3.6 Sinopec Group
  • 15.3.7 The PJSC Lukoil Oil Company
  • 15.3.8 Indian Oil Corporation Ltd.
  • 15.3.9 The Fuchs Group
  • 15.3.10 Idemitsu Kosan Co. Ltd.
  • 15.3.11 Petroliam Nasional Berhad (Petronas)
  • 15.3.12 DuPont de Nemours, Inc. (DuPont)
  • 15.3.13 Croda International PLC.
  • 15.3.14 Sasol Limited
  • 15.3.15 The Phillips 66 Company
  • 15.3.16 Bel-Ray Company LLC.
  • 15.3.17 Morris Lubricants Limited
  • 15.3.18 Penrite Oil Company