Oil-Free Air Compressor Market size was valued at USD 19.39 billion in 2024 and is set to reach USD 44.39 billion by the end of 2037, registering around 6.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of oil-free air compressor is assessed at USD 20.41 billion.
The growth of the market can be attributed to growing prevalence of oil leakage from air compressor. An air compressor may experience significant mechanical failure, air leakage, or oil leaks. About 2 million litres of water could become contaminated by just about 2 litre of oil. Oil pollution could have a severe impact on the aquatic ecosystem since it spreads across the surface in a thin layer, preventing oxygen from reaching the aquatic plants and animals. Hence, the demand for oil-free air compressor is growing, that is anticipated to boost the market’s growth.
Additionally, high temperatures could cause the oil lubricants used in air compressors to breakdown, emitting deadly levels of carbon monoxide. Moreover, strict government regulation in order to stop CO2 emission is also estimated to boost the demand for oil-free air compressor. The Indian government has pledged to cut CO2 emissions by 50% by 2050 and to zero by 2070. Oil-free compressors consists of benefits, such as: reducing hazardous emissions since the compressed air is as pure as possible and free of any particulate pollution, defending the environment against pollution, and notably lowering running. Hence, given this non-hazardous, secure method of air compression, numerous producers, manufacturers, and healthcare specialists are switching to oil-free air compressors.
Author Credits: Rajrani Baghel
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?