The Global Compressor Oil Market was valued at USD 13.1 billion in...

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2024-05-21 11:27:43 -

The Global Compressor Oil Market was valued at USD 13.1 billion in 2022 and is estimated to reach approximately USD 23.5 billion by 2031, at a CAGR of 6.6% from 2023 to 2031.

A significant area of the lubricant industry that specifically serves the requirements of several kinds of compressors, such as centrifugal, rotary, and reciprocating compressors, is the compressor oil market. Because it offers lubrication, heat dissipation, and corrosion protection, compressor oil is essential to the effective and seamless running of these devices. In order to resist the...

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