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Exxon Mobil Corp., FUCHS PETROLUB SE, PJSC LUKOIL, Royal Dutch Shell Plc, Total SA, and Valvoline Inc. will emerge as major compressor oil market participants during 2020-2024
The compressor oil market is expected to grow by USD 1.069 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the compressor oil market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Global Compressor Oil Market 2020-2024 (Graphic: Business Wire)
The compressor oil market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Decrease as compared to 2019.
Enterprises will go through Respond,