COMPRESSOR OIL MARKET ANALYSIS

Compressor Oil Market, by Compressor Type (Dynamic Displacement, and Positive Displacement), by Base Oil Type (Synthetic, Mineral, Semi-synthetic, and Bio-based), by End-use Industry (Industrial Machinery, Oil & Gas, Power Generation, Automotive, and Others), and by Region (Europe, North America, Latin America, Middle East & Africa, and Asia Pacific) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Compressor Oil Market Key Developments:

In April 2016, Exxon Mobil Corporation introduced its new lubricant ‘Mobil SHC Gargoyle 80 POE’. This is a lubricant intended for use in refrigeration compressors. This lubricant oil is formulated using polyol ester technology (POE) and is specifically designed for reciprocating compressors using carbon dioxide as a refrigerant.
In August 2016, Fuchs Petrolub SE, a global leader in lubricants industry, announced that it has acquired a Delaware based company Ultrachem Inc. Ultrachem Inc is a producer and supplier of specialty synthetic lubricants for the compressor (Original equipment manufacturer) OEM. This acquisition is expected to strengthen Fuchs’ product portfolio.
In June 2019, Total Lubrifiants SA launched ‘Planetelf PAG K 40’ which is a high performance lubricant for automotive air conditioning compressors. Planetelf PAG K 40 meet the requirements of both R134a and HFO-1234yf refrigerant gases which are present in the automotive air-conditioners. Planetelf PAG K 40 is expected to offer good miscibility, and reduce wear on compressors.