Global Synthetic Air Compressor Oil Market, By Compressor Type (Axial, Centrifugal, Reciprocating and Rotary Screw), By End Use Industry (General Manufacturing, Construction, Oil & Gas, Food & Beverage, Mining, Chemical and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029

Report Code: PMI459521 | Publish Date: February 2021 | No. of Pages: 168

Global Synthetic Air Compressor Oil Market Overview

The air compressor oil is utilized for lubrication in air compressors to enhance and improve their service life and prevent wear and tear. The synthetic oil undergoes multiple refining processes compare to standard compressor oil which makes it more suitable for industrial or continuous working purposes. The synthetic air compressor oil market has witnessed an upsurge owing to the increased demand from end-use industries including aerospace, automotive, chemical, construction, food processing, and manufacturing. The global synthetic air compressor oil market accounted for US$ 3.4 billion in 2020 and is estimated to be US$ 5.2 billion by 2029 and is anticipated to register a CAGR of 4.7%.

Impact of Covid-19 pandemic on market

The COVID-19 crisis has arises multiple challenges to companies working in the industrial manufacturing sector. The pandemic has posed a disturbance in the supply chain, lack of workers, and other restrictions that impacted the global economy. The improvement in economic trend coping with efforts of players posts COVID-19 lockdown is likely to propel the market growth. The synthetic air compressor oil market report will estimate Covid19 as a significant market contributor.  

Global Synthetic Air Compressor Oil Market Dynamics

The demand for synthetic air compressor oil is likely to increase due to its higher shear stability, high drain interval, better viscosity index, chemical resistance, and high performance in extreme conditions. Moreover, the ability of synthetic air compressor oil to maintain the temperature of equipment in heat dissipation is anticipated to boost the target market growth.

The growth and development of the construction and mining sector are anticipated to boost the growth of the synthetic air compressor oil market owing to the usage of the compressor to operate hammers, pneumatic drills, etc.

The availability of substituents such as hydraulic oil, automatic transmission fluid, and motor oil is expected to hamper the growth of the synthetic air compressor oil market. Moreover, the high cost of synthetic oil compares to standard compressor oil light to medium duty compressor work is expected to hinder the target market growth during the forecast period.

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Global Synthetic Air Compressor Oil Market Segmentation

The global synthetic air compressor oil market is segmented based on compressor type, end-use industry, and region.

On the basis of compressor type, the global synthetic air compressor oil market is segmented into axial, reciprocating, centrifugal, and rotary screw. On the basis of the end-use industry, the target market is segmented into general manufacturing, construction, oil & gas, food & beverage, mining, chemical, and others.

In the region, the global synthetic air compressor oil market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific synthetic air compressor oil market is expected to dominate in terms of revenue across the globe, due to the high growth of major end-use industries such as manufacturing, textiles, food processing, and others.  

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Attribute

Details

The base year for estimation

2020

Forecast period

2021 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Compressor Type – Axial, Reciprocating, Centrifugal and Rotary Screw

By End Use Industry – General Manufacturing, Construction, Oil & Gas, Food & Beverage, Mining, Chemical and Others

Regional Scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029.  For the purpose of this study, has segmented the global synthetic air compressor oil market report based on compressor type, end use industry, and region.

Global Synthetic Air Compressor Oil Market, By Compressor Type:

  • Axial
  • Centrifugal
  • Reciprocating
  • Rotary Screw

Global Synthetic Air Compressor Oil Market, By End Use Industry:

  • General Manufacturing
  • Construction
  • Oil & Gas
  • Food & Beverage
  • Mining
  • Chemical
  • Others

Global Synthetic Air Compressor Oil Market, By Region:

  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa

Global Synthetic Air Compressor Oil Market Key Players

The key players operating in the global synthetic air compressor oil market include Atlas Copco, Chevron Corporation, China Petrochemical Corporation (Sinopec Group), East Asia Petrochemical, Eni S.p. A, Exxon Mobil Corporation, Fuchs Group (Fuchs Petrolub SE), Hailian Lubrication, Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited, Lukoil, Penrite Oil, Sinopec Lubricant Company, The Phillips 66 Company, Unity Petrochemical Co., Ltd. and many other players. The major players are focused to adopt various strategies for the expansion of business across emerging geographies. Moreover, the merger and acquisition policy of market players is projected to play a key role in the expansion of global presence and gaining revenue share.

Global Synthetic Air Compressor Oil Market Company Profile

  • Atlas Copco *
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • Chevron Corporation
  • China Petrochemical Corporation (Sinopec Group)
  • East Asia Petrochemical
  • Eni S.p.A
  • Exxon Mobil Corporation
  • Fuchs Group (Fuchs Petrolub SE)
  • Hailian Lubrication
  • Hindustan Petroleum Corporation Limited (HPCL)
  • Indian Oil Corporation Limited
  • Lukoil
  • Penrite Oil
  • Sinopec Lubricant Company
  • The Phillips 66 Company
  • Unity Petrochemical Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section

Global Synthetic Air Compressor Oil Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Cyber Security Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Component
      • Market Snippet, By Solutions
      • Market Snippet, By Service
      • Market Snippet, By Security
      • Market Snippet, By Deployment
      • Market Snippet, By Organizations
      • Market Snippet, By End-user Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Cyber Security Market, By Component, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Solutions
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Service
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  6. Global Cyber Security Market, By Solution, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Data security & privacy service offering vvv
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Governance, risk, & compliance
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Identity & access management (IAM)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Infrastructure security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Unified vulnerability management service offering
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  7. Global Cyber Security Market, By Service, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Professional
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Managed Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  8. Global Cyber Security Market, By Security, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Application Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Cloud Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Data Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Endpoint Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Infrastructure Protection
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Network Security
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Others
      • Overview
  9. Global Cyber Security Market, By Deployment, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Cloud Based
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • On premise
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  10. Global Cyber Security Market, By Organization, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Small and Medium Enterprise (SME)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Large Enterprise
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  11. Global Cyber Security Market, By End-use Application, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • BFSI
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • IT & Telecom
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Defense/Government
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Energy
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Segment Trends
    • Healthcare
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Manufacturing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Retail
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2021 – 2029
  12. Global Cyber Security Market, By Region, 2021 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2021 – 2029
      • Y-o-Y Growth Analysis (%), 2021 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Component, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Solution, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Service, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Security, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Deployment, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Organization, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By End-use Application, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2021 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Component, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Solution, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Service, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Security, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Deployment, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Organization, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By End-use Application, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2021 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Component, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Solution, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Service, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Security, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Deployment, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Organization, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By End-use Application, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2021 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Component, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Solution, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Service, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Security, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Deployment, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Organization, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By End-use Application, 2021 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2021 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Component, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Solution, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Service, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Security, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Deployment, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Organization, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By End-use Application, 2021 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2021 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  13. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  14. Company Profiles
    • Accenture Inc.  
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
    • Broadcom (Symantec Corporation) Inc.
    • Capgemini SE
    • Cognizant
    • IBM Corporation
    • L&T Technology Services Limited
    • McAfee, LLC
    • Microsoft Corporation
    • Oracle Corporation
    • Wipro Limited

 

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The synthetic air compressor oil market accounted for US$ 3.4 billion in 2020 and is estimated to be US$ 5.2 billion by 2029 and is anticipated to register a CAGR of 4.7%.

The synthetic air compressor oil market is segmented based on the compressor type, end-use industry, and region.

The Synthetic Air Compressor Oil Market is experiencing trends such as the shift towards energy-efficient and high-performance compressor oils, the increasing demand from various industries for oil-free air compressors, and the development of bio-based synthetic oils.

Key factors driving the Synthetic Air Compressor Oil Market include the need for enhanced compressor efficiency, the rise in industrial activities requiring reliable lubrication, and the growing awareness of the benefits of synthetic oils, such as extended equipment life and reduced maintenance costs.

Asia-Pacific is expected to dominate the Synthetic Air Compressor Oil Market, driven by rapid industrialization, infrastructure development, and increasing demand for high-quality compressor oils in countries like China and India.

The prominent player operating in the global synthetic air compressor oil market includes Atlas Copco, Chevron Corporation, China Petrochemical Corporation (Sinopec Group), East Asia Petrochemical, Eni S.p.A, Exxon Mobil Corporation, Fuchs Group (Fuchs Petrolub SE), Hailian Lubrication, Hindustan Petroleum Corporation Limited (HPCL), Indian Oil Corporation Limited, Lukoil, Penrite Oil, Sinopec Lubricant Company, The Phillips 66 Company, Unity Petrochemical Co., Ltd. and many other players.