Albany, NY -- (SBWIRE) -- 08/01/2016 -- Compressors convert mechanical energy to pneumatic energy through compression. They use pistons, vanes, and other mechanisms to compress air and gas to very high pressures. The major types of compressors are PD and centrifugal gas compressors. The global compressor oil market to grow at a CAGR of 5.32%, in terms of revenue, over the period 2014-2019.

Compressor oil is used to cool, seal, or lubricate internal components of compressors. The benefits of compressor oil are listed below:
- Improves compressor performance
- Provides a protective film over metal parts to minimize friction and protect exposed parts
- Acts as a sealing fluid
- Directly absorbs the heat of compression
- Reduces maintenance costs
- Lowers formation of harmful deposits

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The report includes the present scenario and the growth prospects of the global compressor oil market for the period 2015-2019. The market can be segmented based on compressor type, base oil type, end-user, and geography.

Technavio's report, Global Compressor Oil Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

Key geographies
- Americas
- APAC
- EMEA

Key vendors
- BP
- Castrol
- CNPC
- Dow
- Exxon Mobil
- Ingersoll-Rand
- Royal Dutch Shell
- Total

Other prominent vendors
- AMSOIL
- BASF
- BP
- Chevron
- CNPC
- FUCHS
- HPCL
- Idemitsu Kosan

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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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