Gradual increase in the global industrial output and growing infrastructure development and commercial construction to fuel the demand for compressor oil, says this report.

Global Market Insights, Inc. has recently added a new report on "Stationary Air Compressor Market Through 2019-2024 with Statistics By Lubrication (Oil Free, Oil Filled), Technology (Rotary, Reciprocating, Centrifugal), Application (Home Appliances, Food & Beverage, Oil & Gas, Energy, Semiconductor & Electronics, Manufacturing, Healthcare)" which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of air compressor industry.

North America compressor oil market will account significant share in the forecast period owing to the presence of mature manufacturing industry and increasing oil & gas exploration activities in the region.