The refrigeration oil market size is projected to be valued at US$ 1,425.9 million in 2023 and is expected to rise to US$ 2,332.9 million by 2033. The sales of refrigeration oil are expected to grow at a significant CAGR of 4.9% during the forecast period.
Increased consumption of refrigeration oil in different applications such as in air conditioning systems, refrigerating systems, freezers, coolers, chillers & others, is expected to push sales. Considering this, Future Market Insights (FMI) estimates the global refrigeration oil market will reach a valuation of US$ 2,209.9 Million by 2032.
As consumption of packaged food products and sales of frozen meat surges across the globe, the adoption of refrigeration systems is predicted to burgeon in the food & beverage industry. These frozen food products require low temperatures as they are perishable items. To ensure product quality, end users are increasing the adoption of refrigeration oil, fueling sales.
As per Future Market Insights (FMI), in terms of end users, the industrial segment is anticipated to witness the fastest growth over the forecast period, followed by the commercial sector. However, with the burgeoning adoption of energy-efficient air conditioners in residences, the demand for refrigeration oil in the residential segment will rise at a robust pace.
| Attribute | Details |
|---|---|
| Refrigeration Oil Market Estimated Size (2023) | US$ 1,425.9 million |
| Refrigeration Oil Market CAGR (2023 to 2033) | 4.9% |
| Refrigeration Oil Market Forecasted Size (2033) | US$ 2,332.9 million |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
As per FMI, the sales of refrigeration oil increased at a 4.1% CAGR between 2018 and 2022. Growth in the market is underpinned by surging applications in the industrial and residential sectors. Also, the rising utilization of refrigeration oil in coolers, condensers, and refrigerators in residential and industrial sectors will fuel the sales in the market.
In the forecast period (2023 to 2033), the air conditioning segment is expected to lead the global refrigeration oil market, followed by refrigerating systems and coolers & chillers. Also, the expansion of the food & beverage industry coupled with the rising application of warehouses and logistics are expected to drive the demand in the market.
Some of the key factors expected to boost demand for refrigeration oil over the forecast period include an increase in food and beverage production and an expansion of cold chain capacities to reduce food loss at the production and distribution levels.
Increasing demand for meat products is mainly attributed to changing food preferences and demand for pre-cooked meals across the globe. This is anticipated to expand the cold storage capacities and expansion of refrigerated distribution to minimize loss at the distribution level. This, in turn, is fueling the demand for various refrigerated systems such as large refrigerated trucks and trailers.
Moreover, refrigeration oil plays an important role such as lubrication in refrigeration systems for better performance. Thus, the growing demand for refrigeration systems is expected to spur sales in the refrigeration oil market during the forecast period.
Growing Adoption of HVAC & R Systems in the Healthcare Sector to Push Sales
Advancements in treatment, increasing prevalence of chronic diseases, and favorable government initiatives to improve healthcare infrastructure are some of the factors accelerating sales in the refrigeration oil market.
In line with this, pharmaceutical companies, biotechnology research companies, and hospitals are involved in research and development (such as vaccine development, drug designing, and development) to reduce the global burden of diseases such as AIDS, diabetes, etc. s, and biotechnology research companies, and hospitals are involved in research and development (such as vaccine development, drug designing, and development) to reduce the global burden of diseases such as AIDS, diabetes, etc.
Hence, leading healthcare organizations and companies are developing clean rooms which are operated under controlled environments with very low levels of pollutants. To maintain a clean environment, clean rooms are connected with HVAC & R (heating, ventilation, air conditioning, and refrigeration) systems.
Hence, in research labs where HVAC & R systems are in operation, refrigeration oil is needed to maintain the operation of systems. Backed by the increasing number of HVAC & R systems in the healthcare sector, the refrigeration oil market will gain impetus over the forecast period.
Principal Consultant
Complexity & Incompatibility of Refrigeration Systems Might Impede the Growth
Refrigeration oil is primarily used for reducing friction losses and transferring heat and also acts as a sealant. For the proper functioning of compressor systems, refrigeration oil compatibility with refrigerants is necessary in terms of viscosity, solubility, miscibility, and chemical stability. Moreover, the choice of refrigeration oil depends on the design of air conditioners, refrigerators, chillers, and compressors.
In addition to this, some synthetic oil is not miscible with natural refrigerants, while some mineral oils are not miscible with synthetic refrigerants. Thus, while designing a refrigeration system, the process becomes complex due to the compatibility of refrigeration oil with refrigerants. This can be one of the major challenges for the growth of the refrigeration oil market during the forecast period.
HFCs (hydro-fluorocarbons) play a crucial role in the refrigeration oil market, holding a significant share of 36.3%, and are widely used refrigerants in various cooling and refrigeration systems. HFCs are chosen as alternatives to ozone-depleting substances due to their lower environmental impact. The demand for refrigeration oil is closely linked to the adoption of HFCs, as lubricants specifically formulated for HFC-based systems are essential for proper lubrication and efficient operation. These refrigeration oils offer excellent lubrication properties, thermal stability, and compatibility with HFC refrigerants. With increasing environmental regulations and a focus on sustainable refrigeration solutions, the demand for refrigeration oils compatible with HFCs is expected to remain strong. Manufacturers continue to develop high-quality refrigeration oils that provide optimal performance while complying with environmental standards.
These essential appliances require proper lubrication to ensure efficient and reliable operation. Refrigeration oil plays a vital role in lubricating compressors and other system components, facilitating heat transfer, and maintaining optimal performance. In the residential sector, refrigerators are crucial for preserving food and extending its shelf life. Similarly, the commercial sector, including restaurants, supermarkets, and cold storage facilities, heavily relies on refrigerators and freezers to maintain perishable goods at the required temperatures. With increasing consumer demand for energy-efficient and environmentally friendly appliances, there is a growing need for high-quality refrigeration oil in refrigerators and freezers. Manufacturers are developing lubricants that offer excellent performance, improved energy efficiency, and compatibility with various refrigerants. Moreover, stringent regulations and standards focusing on energy efficiency and environmental impact have further influenced the demand for suitable refrigeration oils in these applications.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Increased Research and Development in Automotive and Oil & Gas Sectors to Boost the USA Refrigeration Oil Market
According to FMI, the USA is expected to account for a substantial share of the North American refrigeration oil market. Over the forecast period, the USA is expected to emerge as an attractive market in North America owing to the ongoing investment & development in the country.
With surging investment for research in diverse industries such as automotive, oil and gas, infrastructure, chemical, and electronics, among others. Continuous advancements and increased research and development (R&D) in the pharmaceutical industry are driving the demand for laboratory refrigeration systems.
Furthermore, these systems are critical in extending the life of vaccines, drugs, and other medicinal supplies. On the back of these factors, the USA is expected to hold a prominent value share of 15.3% in the refrigeration oil market in 2022.
Germany Refrigeration Oil Market to Gain from Extensive Spending on Drug Development
Germany is projected to hold around 6.1% of the demand share in the Europe refrigeration oil market, as per FMI. Germany is expected to present stiff competition for global manufacturers in terms of export quantities and pricing. Germany is one of the developed countries in Europe, where the healthcare system and pharmaceutical industry are continuously expanding with extensive research & development.
Factors such as increased spending on drug development will aid the demand for refrigeration systems to store drugs and vaccines. Further, the need for air conditioner systems and refrigerators will cushion the growth in the refrigeration oil market during the forecast period. Furthermore, the rising emphasis of manufacturers on R&D activities to develop innovative products at low cost is expected to create numerous opportunities for the market.
Manufacturers have shifted their focus to emerging countries in recent years to meet the growing demand for refrigeration oil. Several key players are focusing on improving their manufacturing capabilities, Research and Development investments, collaborative partnerships, and expansion of production capacities.
Furthermore, these key players are focusing on strengthening their sales channels to meet the growing demand for refrigeration oil around the world.
| Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.9% from 2023 to 2033 |
| Base Year of Estimation | 2023 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in US$ Billion and Volume in Units and F-CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, growth factors, Trends, and Pricing Analysis |
| Key Segments Covered | Technology, Product Type, Refrigerant Type, Application, End User, By Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Middle East & Africa; Oceania |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
| Key Companies Profiled | ExxonMobil Corporation; Shell Plc; Idemitsu Kosan Co., Ltd.; MEIWA CORPORATION; CPI Fluid Engineering (Part of The Lubrizol Corporation); FUCHS Lubricants (Part of FUCHS Petrolub SE); Chevron Phillips Chemical Company LLC; Performance Chemicals (Division of BASF SE) |
| Customization & Pricing | Available upon Request |
The global market is estimated to be valued at US$ 1,425.9 million in 2023.
The market is likely to grow at a CAGR of 4.9% from 2023 to 2033.
The market is projected to reach a valuation of US$ 2,209.9 million by 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2017 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Product Type, 2017 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Mineral Oil
5.3.2. Synthetic Oil
5.3.2.1. Polyol Ester
5.3.2.2. Poly Alpha Olefin
5.3.2.3. Alkyl Benzene
5.3.2.4. Polyethylene Glycol
5.3.2.5. Polyvinyl ether
5.3.2.6. Others
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Refrigerant Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Refrigerant Type, 2017 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Refrigerant Type, 2023 to 2033
6.3.1. Chlorofluorocarbon (CFC)
6.3.2. Hydro-chlorofluorocarbon (HCFC)
6.3.3. Hydro-fluorocarbon(HFC)
6.3.4. Ammonia
6.3.5. Others
6.4. Y-o-Y Growth Trend Analysis By Refrigerant Type, 2017 to 2022
6.5. Absolute $ Opportunity Analysis By Refrigerant Type, 2023 to 2033
7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By End User
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By End User, 2017 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By End User, 2023 to 2033
7.3.1. Industrial
7.3.2. Commercial
7.3.3. Residential
7.4. Y-o-Y Growth Trend Analysis By End User, 2017 to 2022
7.5. Absolute $ Opportunity Analysis By End User, 2023 to 2033
8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2017 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
8.3.1. Air Conditioners
8.3.2. Coolers
8.3.3. Chillers
8.3.4. Refrigerators/Freezers
8.3.5. Condensers
8.3.6. Others
8.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2022
8.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
9. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2017 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. The USA
10.2.1.2. Canada
10.2.2. By Product Type
10.2.3. By Refrigerant Type
10.2.4. By End User
10.2.5. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Refrigerant Type
10.3.4. By End User
10.3.5. By Application
10.4. Key Takeaways
11. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Product Type
11.2.3. By Refrigerant Type
11.2.4. By End User
11.2.5. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Refrigerant Type
11.3.4. By End User
11.3.5. By Application
11.4. Key Takeaways
12. Western Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Product Type
12.2.3. By Refrigerant Type
12.2.4. By End User
12.2.5. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Refrigerant Type
12.3.4. By End User
12.3.5. By Application
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Product Type
13.2.3. By Refrigerant Type
13.2.4. By End User
13.2.5. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Refrigerant Type
13.3.4. By End User
13.3.5. By Application
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Product Type
14.2.3. By Refrigerant Type
14.2.4. By End User
14.2.5. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By Refrigerant Type
14.3.4. By End User
14.3.5. By Application
14.4. Key Takeaways
15. East Asia Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Product Type
15.2.3. By Refrigerant Type
15.2.4. By End User
15.2.5. By Application
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product Type
15.3.3. By Refrigerant Type
15.3.4. By End User
15.3.5. By Application
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017 to 2022
16.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Product Type
16.2.3. By Refrigerant Type
16.2.4. By End User
16.2.5. By Application
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Product Type
16.3.3. By Refrigerant Type
16.3.4. By End User
16.3.5. By Application
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2022
17.1.2.1. By Product Type
17.1.2.2. By Refrigerant Type
17.1.2.3. By End User
17.1.2.4. By Application
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2022
17.2.2.1. By Product Type
17.2.2.2. By Refrigerant Type
17.2.2.3. By End User
17.2.2.4. By Application
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2022
17.3.2.1. By Product Type
17.3.2.2. By Refrigerant Type
17.3.2.3. By End User
17.3.2.4. By Application
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2022
17.4.2.1. By Product Type
17.4.2.2. By Refrigerant Type
17.4.2.3. By End User
17.4.2.4. By Application
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2022
17.5.2.1. By Product Type
17.5.2.2. By Refrigerant Type
17.5.2.3. By End User
17.5.2.4. By Application
17.6. United Kingdom
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2022
17.6.2.1. By Product Type
17.6.2.2. By Refrigerant Type
17.6.2.3. By End User
17.6.2.4. By Application
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2022
17.7.2.1. By Product Type
17.7.2.2. By Refrigerant Type
17.7.2.3. By End User
17.7.2.4. By Application
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2022
17.8.2.1. By Product Type
17.8.2.2. By Refrigerant Type
17.8.2.3. By End User
17.8.2.4. By Application
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2022
17.9.2.1. By Product Type
17.9.2.2. By Refrigerant Type
17.9.2.3. By End User
17.9.2.4. By Application
17.10. Poland
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2022
17.10.2.1. By Product Type
17.10.2.2. By Refrigerant Type
17.10.2.3. By End User
17.10.2.4. By Application
17.11. Russia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2022
17.11.2.1. By Product Type
17.11.2.2. By Refrigerant Type
17.11.2.3. By End User
17.11.2.4. By Application
17.12. Czech Republic
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2022
17.12.2.1. By Product Type
17.12.2.2. By Refrigerant Type
17.12.2.3. By End User
17.12.2.4. By Application
17.13. Romania
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2022
17.13.2.1. By Product Type
17.13.2.2. By Refrigerant Type
17.13.2.3. By End User
17.13.2.4. By Application
17.14. India
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2022
17.14.2.1. By Product Type
17.14.2.2. By Refrigerant Type
17.14.2.3. By End User
17.14.2.4. By Application
17.15. Bangladesh
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2022
17.15.2.1. By Product Type
17.15.2.2. By Refrigerant Type
17.15.2.3. By End User
17.15.2.4. By Application
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2022
17.16.2.1. By Product Type
17.16.2.2. By Refrigerant Type
17.16.2.3. By End User
17.16.2.4. By Application
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2022
17.17.2.1. By Product Type
17.17.2.2. By Refrigerant Type
17.17.2.3. By End User
17.17.2.4. By Application
17.18. China
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2022
17.18.2.1. By Product Type
17.18.2.2. By Refrigerant Type
17.18.2.3. By End User
17.18.2.4. By Application
17.19. Japan
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2022
17.19.2.1. By Product Type
17.19.2.2. By Refrigerant Type
17.19.2.3. By End User
17.19.2.4. By Application
17.20. South Korea
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2022
17.20.2.1. By Product Type
17.20.2.2. By Refrigerant Type
17.20.2.3. By End User
17.20.2.4. By Application
17.21. GCC Countries
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2022
17.21.2.1. By Product Type
17.21.2.2. By Refrigerant Type
17.21.2.3. By End User
17.21.2.4. By Application
17.22. South Africa
17.22.1. Pricing Analysis
17.22.2. Market Share Analysis, 2022
17.22.2.1. By Product Type
17.22.2.2. By Refrigerant Type
17.22.2.3. By End User
17.22.2.4. By Application
17.23. Israel
17.23.1. Pricing Analysis
17.23.2. Market Share Analysis, 2022
17.23.2.1. By Product Type
17.23.2.2. By Refrigerant Type
17.23.2.3. By End User
17.23.2.4. By Application
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Product Type
18.3.3. By Refrigerant Type
18.3.4. By End User
18.3.5. By Application
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. ExxonMobil Corporation
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. Shell Plc
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Idemitsu Kosan Co., Ltd.
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. MEIWA CORPORATION
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. CPI Fluid Engineering (Part of The Lubrizol Corporation)
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. FUCHS Lubricants (Part of FUCHS Petrolub SE)
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. Chevron Phillips Chemical Company LLC
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. Performance Chemicals (Division of BASF SE)
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. Eneos Holdings Inc.
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. National Refrigerants, Inc.
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
Explore Chemicals & Materials Insights
View Reports
Refrigeration Oil Market
