According to the latest report by IMARC Group, the global compressor oil market size reached US$ 6.11 Billion in 2021. Compressor oil refers to a specialized lubricant that comprises a mixture of refined paraffinic base oils and high-performance additives. It is typically manufactured in a semi-solid, liquid, or viscous state and is widely used in mechanical devices to cool, seal or grease internal components. It helps ensure the continuous operational flow of machinery, enhances efficiency, prevents friction, reduces energy consumption, improves performance, and minimizes wear and tear.