Global Refrigeration Oil Market to reach 1529.4 million by 2027

Global Refrigeration Oil Market Size study, by Type (Synthetic Oil, Mineral Oil) by Application (Refrigerators & Freezers, Air Conditioner, Automotive AC System, Aftermarket) and Regional Forecasts 2021-2027
Product Code:  CAMCAC_99702177
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
 1.2.1. Global Refrigeration Oil Market, by Region, 2019-2027 (USD Million)
 1.2.2. Global Refrigeration Oil Market, by Type, 2019-2027 (USD Million)
 1.2.3. Global Refrigeration Oil Market, by Application, 2019-2027 (USD Million)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Refrigeration Oil Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Refrigeration Oil Market Dynamics 
 3.1. Global Refrigeration Oil Market Impact Analysis (2019-2027)
 3.1.1. Market Drivers Increased demand from end use industry Increasing demand for consumer appliances
 3.1.2. Market Challenges Stringent government regulations to limit the use of fluorocarbon refrigerants
 3.1.3. Market Opportunities Development of low viscosity and high-quality refrigeration oil Rising demand for low GWP refrigerants
 Chapter 4. Global Refrigeration Oil Market Industry Analysis
 4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economical
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Investment Adoption Model
 4.4. Top Investment Opportunities
 4.5. Top Winning Strategies
 4.6. Industry Experts Prospective
 4.7. Analyst Recommendation & Conclusion 
 Chapter 5. Global Refrigeration Oil Market, by Type
 5.1. Market Snapshot 
 5.2. Global Refrigeration Oil Market by Type, Performance - Potential Analysis
 5.3. Global Refrigeration Oil Market Estimates & Forecasts by Type 2018-2027 (USD Million)
 5.4. Global Refrigeration Oil Market, Sub Segment Analysis
 5.4.1. Synthetic oil
 5.4.2. Mineral oil
 Chapter 6. Global Refrigeration Oil Market, by Application, 
 6.1. Market Snapshot 
 6.2. Global Refrigeration Oil Market by Application, Performance-Potential Analysis
 6.3. Global Refrigeration Oil Market Estimates & Forecasts by Application, 2018-2027 (USD Million)
 6.4. Global Refrigeration Oil Market, Sub Segment Analysis
 6.4.1. Refrigerators & Freezers
 6.4.2. Air Conditioner
 6.4.3. Automotive AC System
 6.4.4. Aftermarket
 Chapter 7. Global Refrigeration Oil Market, Regional Analysis
 7.1. Global Refrigeration Oil Market, Regional Market Snapshot 
 7.2. North America Global Refrigeration Oil Market 
 7.2.1. U.S. Global Refrigeration Oil Market Type breakdown estimates & forecasts, 2018-2027 Application breakdown estimates & forecasts, 2018-2027 
 7.2.2. Canada Global Refrigeration Oil Market 
 7.3. Europe Global Refrigeration Oil Market Snapshot
 7.3.1. U.K. Global Refrigeration Oil Market 
 7.3.2. Germany Global Refrigeration Oil Market 
 7.3.3. France Global Refrigeration Oil Market 
 7.3.4. Spain Global Refrigeration Oil Market 
 7.3.5. Italy Global Refrigeration Oil Market 
 7.3.6. Rest of Europe Global Refrigeration Oil Market 
 7.4. Asia-Pacific Global Refrigeration Oil Market Snapshot
 7.4.1. China Global Refrigeration Oil Market 
 7.4.2. India Global Refrigeration Oil Market 
 7.4.3. Japan Global Refrigeration Oil Market 
 7.4.4. Australia Global Refrigeration Oil Market 
 7.4.5. South Korea Global Refrigeration Oil Market 
 7.4.6. Rest of Asia Pacific Global Refrigeration Oil Market 
 7.5. Latin America Global Refrigeration Oil Market Snapshot
 7.5.1. Brazil Global Refrigeration Oil Market 
 7.5.2. Mexico Global Refrigeration Oil Market 
 7.6. Rest of The World Global Refrigeration Oil Market 
 Chapter 8. Competitive Intelligence
 8.1. Top Market Strategies
 8.2. Company Profiles
 8.2.1. Totalenergies SE Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
 8.2.2. China Petrochemical Corporation (Sinopec Corp)
 8.2.3. Petroliam Nasional Berhad (Petronas)
 8.2.4. FUCHS Petrolub SE (Germany)
 8.2.5. Johnson Controls (Ireland)
 8.2.6. Eneos Holding Inc
 8.2.7. Royal Dutch Shell
 8.2.8. ExxonMobil Corporation
 8.2.9. IDEMITSU Kosan Co.Ltd.
 8.2.10. BASF SE 
 Chapter 9. Research Process
 9.1. Research Process
 9.1.1. Data Mining
 9.1.2. Analysis
 9.1.3. Market Estimation
 9.1.4. Validation
 9.1.5. Publishing
 9.2. Research Attributes
 9.3. Research Assumption

Global Refrigeration Oil Market is valued approximately USD 1160.2 million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.1% over the forecast period 2021-2027. Refrigerated oil is specially made for the cooling systems or technologies. It serves a hydraulic control, functional fluid and lubricating oil in refrigeration compressors and is made up of a special high-temperature formulation designed for use in cooling systems. Rising demand for consumer appliances as well as increased demand from end use industry is driving the market. In 2020, BASF SE had collaborated with FUCHS for more good quality and sustainable refrigerant lubricants and oil products, also to produce more ester based and mineral oil-based fluids. Government is imposing regulation to limit the use of fluorocarbon refrigerants, as fluorocarbon has harmful effects on atmosphere and hence, hinders the market growth. However, demand of packaged and ready-to-eat food is increasing day by day and increasingtechnological and product innovation results in the growth of market in forthcoming period.

The regional analysis of Global Refrigeration Oil Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Specificis developed market for the refrigerator oil, and it is specially attributed to high level economic growth rate, along with heavy investment across industries such as automotive, oil & gas, infrastructure, chemical, and electronics among others. With economicdeclination and saturation in the European and North American markets, the demand is shifting to the Asia Pacific region.

Major market player included in this report are:
Totalenergies SE
China Petrochemical Corporation (Sinopec Corp)
Petroliam Nasional Berhad (Petronas)
FUCHS Petrolub SE (Germany)
Johnson Controls (Ireland)
Eneos Holding Inc
Royal Dutch Shell
ExxonMobil Corporation
IDEMITSU Kosan Co.Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the Industrial within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Synthetic oil
Mineral oil

By Application:
Refrigerators& Freezers
Air Conditioner
Automotive AC System

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Refrigeration Oil Market Products Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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