Product Code: 5405
PAG Compressor Oil Market is estimated to chart out lucrative gains through 2032 subject to significant growth in APAC construction and infrastructure industry. As per India Brand Equity Foundation estimates, India would require more than USD 777 billion investment across infrastructure sector by 2022 for sustainable development in the nation.
Factors like growing urbanization, high standards of living, and increasing disposable incomes are expected to fuel the growth of residential buildings in the region in the coming years. Besides, ongoing infrastructure development projects and hefty spending on construction would boost the sectoral development. Such trends are likely to impel the PAG compressor oil market demand.
PAG compressor oil exhibits superior wear protection, high viscosity index and low pour point for use over expanding temperature range, high resistance to dilution by hydrocarbon gases, increased film strength for wear protection, protection against corrosion and rust. These parameters would propel the market growth curve during 2023-2032.
On the whole, the global PAG compressor oil market is fragmented in terms of type, end-user, and region.
Based on the type, reciprocating compressors segment is slated to record notable gains through 2032. In reciprocating compressors, PAG compressor oil is used to lubricate frame journal bearings, cylinders, and other bearings. Single-stage reciprocating compressor are used in households while double-stage reciprocating compressor are used in industrial applications, complementing the product demand.
PAG compressor oil market revenue share from the construction industry is predicted to exceed USD 447 million by 2032. The construction sector employs air compressors to drive pneumatic tools and drilling equipment. PAG compressor oils reduce wear and tear and contamination in compressors, influencing its demand across the industry. Growing construction industry in APAC economies and increasing mining activities in Africa would further support the market expansion through 2032.
Geographically, the PAG compressor oil market is estimated to draw major traction from Latin America. The regional market is likely to witness more than 8.5% CAGR between 2023-2032. LATAM market growth can be driven by various central governments' push toward infrastructural development, boosting the portable compressors demand in the ensuing years.
For instance, in early 2022, Mexico announced preparing a multibillion-dollar infrastructure package with private firms. The investment would also support efforts to attract the US investment to revive the economy. Such initiatives are anticipated to strengthen the product penetration over the stipulated time frame, generating lucrative opportunities for regional market players.
Global PAG compressor oil market is highly consolidated and boasts presence of leading players such as Total Lubricants USA, Exxon Mobil Corporation, Castrol, Idemitsu Lubricants, Philip 66 Lubricants, Inc., and others. Companies are relentlessly working toward launching new products, engaging in research and studies and partnerships to score a competitive edge over others.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope & Market definitions
- 1.2 Methodology & forecast parameters
- 1.3 Region-wise COVID-19 impact analysis
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 Middle East & Africa
- 1.4 Regional trends
- 1.5 Data compressor types
- 1.4.1 Primary
- 1.4.2 Secondary
Chapter 2 Executive Summary
- 2.1 PAG compressor oil market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Compressor type trends
- 2.1.3 End-user trends
- 2.1.4 Regional trends
Chapter 3 PAG Compressor Oil Industry Insights
- 3.1 Industry segmentation
- 3.2 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Profit margin analysis
- 3.3.2 Value addition at each stage
- 3.3.3 Distribution channel analysis
- 3.3.4 Vendor matrix
- 3.3.5 Value chain disruption due to COVID-19
- 3.4 Innovation & sustainability
- 3.4.1 Patent analysis
- 3.4.2 Technology landscape
- 3.4.3 Future trends
- 3.5 Industry impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 Rising demand for air compressors in the industrial sector
- 3.5.1.2 Mature manufacturing sector in North America and Europe
- 3.5.1.3 High growth in the Asia Pacific construction and infrastructure industry
- 3.5.1.4 Growth in passenger vehicle sales
- 3.5.2 Industry pitfalls and challenges
- 3.5.2.1 Stringent government regulations and norms
- 3.5.2.2 Volatility in raw material prices
- 3.6 Regulatory landscape
- 3.6.1 U.S.
- 3.6.2 Europe
- 3.6.3 China
- 3.7 Growth potential analysis
- 3.8 Porter's analysis
- 3.8.1 Buyer's power
- 3.8.2 Supplier power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Industry rivalry
- 3.9 Price trends
- 3.9.1 Regional price trends
- 3.9.2 Cost structure analysis
- 3.9.2.1 R&D cost
- 3.9.2.2 Manufacturing & equipment cost
- 3.9.2.3 Raw material cost
- 3.9.2.4 Distribution cost
- 3.9.2.5 Operating cost
- 3.9.2.6 Miscellaneous cost
- 3.10 PESTLE analysis
Chapter 4 Competitive Landscape, 2021
- 4.1 Introduction
- 4.2 Company market share analysis, by region 2022
- 4.3 Strategy Dashboard
Chapter 5 PAG Compressor Oil Market, By Compressor Type
- 5.1 Global PAG compressor oil market by type
- 5.2 Reciprocating
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Rotatory
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4 Centrifugal
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 PAG Compressor Oil Market, By End-user
- 6.1 PAG compressor oil market, material by end-user, 2021 & 2032
- 6.2 Automotive
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast by region, 2018 - 2032
- 6.3 Mining
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast by region, 2018 - 2032
- 6.4 General Manufacturing
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast by region, 2018 - 2032
- 6.5 Construction
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast by region, 2018 - 2032
- 6.6 Food & beverage
- 6.6.1 Market estimates and forecast, 2018 - 2032
- 6.6.2 Market estimates and forecast by region, 2018 - 2032
- 6.7 Others
- 6.7.1 Market estimates and forecast, 2018 - 2032
- 6.7.2 Market estimates and forecast by region, 2018 - 2032
Chapter 7 PAG Compressor Oil Market, By Region
- 7.1 PAG compressor oil market, by region, 2021 & 2032
- 7.2 North America
- 7.2.1 North America PAG compressor oil market estimates and forecast, 2018-2032
- 7.2.2 North America PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.2.3 North America PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.2.4 U.S.
- 7.2.4.1 U.S. PAG compressor oil Market estimates and forecast, 2018-2032
- 7.2.4.2 U.S. PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.2.4.3 U.S. PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.2.5 Canada
- 7.2.5.1 Canada PAG compressor oil Market estimates and forecast, 2018-2032
- 7.2.5.2 Canada PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.2.5.3 Canada PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.3 Europe
- 7.3.1 Europe PAG compressor oil market estimates and forecast, 2018-2032
- 7.3.2 Europe PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.3 Europe PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.3.4 Germany
- 7.3.4.1 Germany PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.4.2 Germany PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.4.3 Germany PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.3.5 UK
- 7.3.5.1 UK PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.5.2 UK PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.5.3 UK PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.3.6 France
- 7.3.6.1 France PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.6.2 France PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.6.3 France PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.3.7 Italy
- 7.3.7.1 Italy PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.7.2 Italy PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.7.3 Italy PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.3.8 Spain
- 7.3.8.1 Spain PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.8.2 Spain PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.8.3 Spain PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.3.9 Russia
- 7.3.9.1 Russia PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.9.2 Russia PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.9.3 Russia PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.3.10 Poland
- 7.3.10.1 Poland PAG compressor oil Market estimates and forecast, 2018-2032
- 7.3.10.2 Poland PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.3.10.3 Poland PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific PAG compressor oil market estimates and forecast, 2018-2032
- 7.4.2 Asia Pacific PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.3 Asia Pacific PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.4.4 China
- 7.4.4.1 China PAG compressor oil Market estimates and forecast, 2018-2032
- 7.4.4.2 China PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.4.3 China PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.4.5 India
- 7.4.5.1 India PAG compressor oil Market estimates and forecast, 2018-2032
- 7.4.5.2 India PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.5.3 India PAG compressor oil market estimates and forecast, by end user, 2018 - 2032
- 7.4.6 Japan
- 7.4.6.1 Japan PAG compressor oil Market estimates and forecast, 2018-2032
- 7.4.6.2 Japan PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.6.3 Japan PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.4.7 South Korea
- 7.4.7.1 South Korea PAG compressor oil Market estimates and forecast, 2018-2032
- 7.4.7.2 South Korea PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.7.3 South Korea PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.4.8 Indonesia
- 7.4.8.1 Indonesia PAG compressor oil Market estimates and forecast, 2018-2032
- 7.4.8.2 Indonesia PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.4.8.3 Indonesia PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.5 Latin America
- 7.5.1 Latin America PAG compressor oil market estimates and forecast, 2018-2032
- 7.5.2 Latin America PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.5.3 Latin America PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.5.4 Brazil
- 7.5.4.1 Brazil PAG compressor oil Market estimates and forecast, 2018-2032
- 7.5.4.2 Brazil PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.5.4.3 Brazil PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.5.5 Mexico
- 7.5.5.1 Mexico PAG compressor oil Market estimates and forecast, 2018-2032
- 7.5.5.2 Mexico PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.5.5.3 Mexico PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.6 Middle East & Africa
- 7.6.1 Middle East & Africa PAG compressor oil market estimates and forecast, 2018-2032
- 7.6.2 Middle East & Africa PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.6.3 Middle East & Africa PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.6.4 South Africa
- 7.6.4.1 South Africa PAG compressor oil Market estimates and forecast, 2018-2032
- 7.6.4.2 South Africa PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.6.4.3 South Africa PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.6.5 Saudi Arabia
- 7.6.5.1 Saudi Arabia PAG compressor oil Market estimates and forecast, 2018-2032
- 7.6.5.2 Saudi Arabia PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.6.5.3 Saudi Arabia PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
- 7.6.6 UAE
- 7.6.6.1 UAE PAG compressor oil Market estimates and forecast, 2018-2032
- 7.6.6.2 UAE PAG compressor oil market estimates and forecast, by compressor type, 2018 - 2032
- 7.6.6.3 UAE PAG compressor oil market estimates and forecast, by End User, 2018 - 2032
Chapter 8 Company Profiles
- 8.1 Idemitsu Lubricants America (ILA)
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
- 8.2 Boss Lubricant
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
- 8.3 Castrol
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
- 8.4 Phillip 66 Lubricant
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
- 8.5 Total Lubricant USA Inc.
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
- 8.6 Mannol
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
- 8.7 AMSOIL
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
- 8.8 Exxon Mobil Corporation
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis