Prominent enterprises in the PAG compressor oil market are
Idemitsu Lubricants America (ILA)
Philip 66 Lubricants
Total Lubricants USA, Inc.
Sudheimer Car Technik Vertriebs (SCT) (MANNOL)
Exxon Mobil Corporation
Players in the market are strengthening their associations to design and develop new and innovative products and gain a competitive edge over their counterparts.
Kiran Pulidindi, Hiralkumar Patel
Frequently Asked Questions (FAQ) :
Global market for PAG compressor oil was valued at over USD 1.3 billion in 2022 and is poised to exhibit more than 8.5% CAGR from 2023 to 2032 owing to the booming industrial sector and subsequent rise in demand for air compressors.
Rotary segment is anticipated to amass over USD 1.8 billion by 2032 owing to the increasing lubrication requirements in the rotary compression process due to consistent movement and heat generation.
General manufacturing segment is expected to witness more than 8% growth rate between 2023 and 2032 driven by the ability of PAG compressor oil to cool down compressor elements and minimize the prospects of costly repairs and downtime.
Players in the PAG compressor oil market include Idemitsu Lubricants America (ILA), BOSS Lubricants, Castrol, Philip 66 Lubricants, Total Lubricants USA, Inc., Sudheimer Car Technik Vertriebs (SCT) (MANNOL), AMSOIL Inc., and Exxon Mobil Corporation.