Quick Summary:
In the highly competitive world of industry and manufacturing, staying ahead of market developments is crucial. The international Compressor Oil market, currently estimated at US$5.7 Billion, is projected to exhibit steady growth over the next eight years, reaching upwards of US$7.1 Billion by 2030. Understanding the key market players and growth trajectories in this rapidly evolving sector is essential for strategic decision-making.
Our report offers an in-depth analysis of the Compressor Oil market, including vital growth drivers, segment analysis, and an insightful geographical breakdown. With explicit focus on both the U.S. and China, companies can expect to gain insight into pivotal market trends and emerging opportunities. With access to digital archives, research platforms, and a year of complimentary updates, seize the opportunity to keep your organization ahead of the competition in the dynamic Compressor Oil market.
Global Compressor Oil Market to Reach $7.1 Billion by 2030
The global market for Compressor Oil estimated at US$5.7 Billion in the year 2022, is projected to reach a revised size of US$7.1 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030. Dynamic, one of the segments analyzed in the report, is projected to record 1.9% CAGR and reach US$4.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Positive Displacement segment is readjusted to a revised 4.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.5 Billion, While China is Forecast to Grow at 4.1% CAGR
The Compressor Oil market in the U.S. is estimated at US$1.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 4.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.Select Competitors (Total 46 Featured) -
- BASF SE
- BP PLC
- Chevron Corporation
- China Petrochemical Corporation (Sinopec Group)
- Croda International PLC
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- Fuchs Petrolub SE
- PJSC LUKOIL
- Royal Dutch Shell PLC
- Sasol Ltd.
- Total SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Compressor Oil?
What is the growth rate of the Global Market for Compressor Oil?
What is the forecasted size of the Global Market for Compressor Oil?
Who are the key companies in the Global Market for Compressor Oil?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5.7 Billion |
| Forecasted Market Value ( USD | $ 7.1 Billion |
| Compound Annual Growth Rate | 2.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BASF SE
- BP PLC
- Chevron Corporation
- China Petrochemical Corporation (Sinopec Group)
- Croda International PLC
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- Fuchs Petrolub SE
- PJSC LUKOIL
- Royal Dutch Shell PLC
- Sasol Ltd.
- Total SA
