The global compressor oil market is expected to reach USD 14.74 Billion by 2026, according to a new report by Reports and Data. Compressor Oil is a kind of lubricant that provides a long service life in most compressor applications. The thermal stability and oxidation resistance of this oil aids in maintaining cleaner compressors, thus permitting more extended running periods between scheduled maintenance and oil changes.

The increasing application of compressors, and hence, compressor oil in the manufacturing sector is estimated to stimulate market demand in the forecast period. The rapid growth of industrialization and positive economic trends across the globe, especially in the Asia Pacific region will escalate the manufacturing activities in the upcoming years. Currently, China leads the global manufacturing output owing to supportive government policies, foreign investments and easy availability of cheap labor.

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The emerging and present key participants in the Compressor Oil market are:

Royal Dutch Shell PLC, ExxonMobil PLC, British Petroleum PLC, Chevron Corporation, BASF SE, Sasol Limited, Croda International PLC, The Dow Chemical Co., Total SA, and Sinopec Corp., among others.

For the purpose of this report, Reports and Data have segmented the global compressor oil market on the basis of compressor type, base oil type, industry vertical and region:

Compressor Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Positive Displacement Type
Reciprocating Type
Rotary Screw Type
Others
Roto-Dynamic Type
Radial Flow Type
Axial Flow Type
Base Oil Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Synthetic Oil
Mineral Oil
Bio-Based Oil
Industry Vertical Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Manufacturing
Oil & Gas
Automotive
Construction
Power Generation
Others
Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
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The full version of this report is available: https://www.reportsanddata.com/report-detail/compressor-oil-market

Read More News About "Compressor Oil Market" By Reports And Data

Compressor Oil Market: https://www.globenewswire.com/news-release/2019/08/28/1907943/0/en/...

Compressor Oil Market: http://www.digitaljournal.com/pr/4906142

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