Compressor Oil Market Receives a Rapid Boost in Economy due to High Emerging Demands

Global compressor oil market is valued approximately USD 10 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2018-2025. 

Increasing demand of compressor oil from various end-use industries including oil & gas, chemicals & petrochemicals, general manufacturing is primarily driving the global compressor oil market over the forecast years. Rapid industrialization across various regions have resulted in growing end-use industries imparting growth to the market. For instance, as per U.S. Energy Information Administration, oil production of U.S. in 2018 would reach 10.0 million barrels per day (bpd). On the other hand, recent technological advancement associated with oil rejuvenation techniques may hinder the market growth during the forecast period.

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The regional analysis of global compressor oil market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of compressor oil in aerospace industry. Europe also contributes a satisfactory growth in the global compressor oil market due to increasing demand of various chemicals on a large scale. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to growth in chemical manufacturing industries in developing countries such as India, China and Japan.

Some of the major players operating in the market are Exxonmobil Corporation, Royal Dutch Shell Plc , Chevron Corporation, British Petroleum (BP) P.L.C , Total Sa, LUKOIL, Sinopec Limited , Idemitsu Kosan Co. Ltd, FUCHS Group , Morris Lubricants and Addinol Lube Oil GmbH

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

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Table of Contents

Chapter 1.Executive Summary

Chapter 2. Compressor Oil Definition and Scope

Chapter 3. Compressor Oil Dynamics

Chapter 4. Compressor Oil Industry Analysis

Chapter 5. Compressor Oil Market, by Compressor Type

Chapter 6. Compressor Oil Market, by Application

Chapter 7. Compressor Oil Market, by Base-Oil

Chapter 8. Compressor Oil Market, by End-Use Industry

Chapter 9. Compressor Oil Market, by Regional Analysis

Chapter 10. Competitive Intelligence

Chapter 11. Research Process

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Posted by on Thursday August 22 2019, 9:00 AM EST. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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