Global Refrigeration Oil Market Research Report 2021 Professional Edition
Exclusive deal : 20% Instant discount on Direct purchases! Don't wait—claim your discount today!
The global Refrigeration Oil market was valued at 881.21 Million USD in 2020 and will grow with a CAGR of 2.68% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Refrigeration oil is the one that easily mixes with refrigerant and flows throughout the system while the refrigeration cycle is on. It doesn`t freeze at lowest operating temperatures maintained in the specific system. It`s freezing temperature is always 5 times lower than that of the system temperature at which it`s operating. It`s compatible with refrigerant properties. It`s flash point should be high. it`s non flammable and its viscosity should be in such a way that it enables in lubrication of all the mechanical components within the compressor.APAC is estimated to be the largest refrigeration oil market in 2018 in terms of both, value and volume. It is also estimated to witness the highest growth during the forecast period. This growth can be attributed to the rise in the manufacturing of consumer appliances and automobiles in the region. Furthermore, the changing lifestyle of consumers and their rising income levels have led to a higher demand for refrigerators, freezers, and air conditioners, which, in turn, drives the refrigeration oil market. The growing demand for perishable food products along with growth in the pharmaceutical industry also drives the demand for refrigerators and freezers, further fueling the growth of the refrigeration oil market in the region.
By Market Verdors:
Jxtg Group
BASF
Idemitsu Kosan
Exxonmobil
Royal Dutch Shell
Total
Sinopec
Petroliam Nasional Berhad
FUCHS Petrolub
Phillips 66
Lubrizol
BP
Chevron
By Types:
Mineral Oil
Synthetic Oil
By Applications:
Refrigerator & Freezer
Air Conditioner
Automotive AC System
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Refrigeration Oil Revenue
1.4 Market Analysis by Type
1.4.1 Global Refrigeration Oil Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Mineral Oil
1.4.3 Synthetic Oil
1.5 Market by Application
1.5.1 Global Refrigeration Oil Market Share by Application: 2022-2027
1.5.2 Refrigerator & Freezer
1.5.3 Air Conditioner
1.5.4 Automotive AC System
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Refrigeration Oil Market
1.8.1 Global Refrigeration Oil Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Refrigeration Oil Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Refrigeration Oil Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Refrigeration Oil Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Refrigeration Oil Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Refrigeration Oil Sales Volume Market Share by Region (2016-2021)
3.2 Global Refrigeration Oil Sales Revenue Market Share by Region (2016-2021)
3.3 North America Refrigeration Oil Sales Volume
3.3.1 North America Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.3.2 North America Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Refrigeration Oil Sales Volume
3.4.1 East Asia Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Refrigeration Oil Sales Volume (2016-2021)
3.5.1 Europe Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Refrigeration Oil Sales Volume (2016-2021)
3.6.1 South Asia Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Refrigeration Oil Sales Volume (2016-2021)
3.7.1 Southeast Asia Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Refrigeration Oil Sales Volume (2016-2021)
3.8.1 Middle East Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Refrigeration Oil Sales Volume (2016-2021)
3.9.1 Africa Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Refrigeration Oil Sales Volume (2016-2021)
3.10.1 Oceania Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Refrigeration Oil Sales Volume (2016-2021)
3.11.1 South America Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.11.2 South America Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Refrigeration Oil Sales Volume (2016-2021)
3.12.1 Rest of the World Refrigeration Oil Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Refrigeration Oil Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Refrigeration Oil Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Refrigeration Oil Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Refrigeration Oil Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Refrigeration Oil Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Refrigeration Oil Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Refrigeration Oil Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Refrigeration Oil Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Refrigeration Oil Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Refrigeration Oil Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Refrigeration Oil Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Refrigeration Oil Sales Volume Market Share by Type (2016-2021)
14.2 Global Refrigeration Oil Sales Revenue Market Share by Type (2016-2021)
14.3 Global Refrigeration Oil Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Refrigeration Oil Consumption Volume by Application (2016-2021)
15.2 Global Refrigeration Oil Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Refrigeration Oil Business
16.1 Jxtg Group
16.1.1 Jxtg Group Company Profile
16.1.2 Jxtg Group Refrigeration Oil Product Specification
16.1.3 Jxtg Group Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 BASF
16.2.1 BASF Company Profile
16.2.2 BASF Refrigeration Oil Product Specification
16.2.3 BASF Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 Idemitsu Kosan
16.3.1 Idemitsu Kosan Company Profile
16.3.2 Idemitsu Kosan Refrigeration Oil Product Specification
16.3.3 Idemitsu Kosan Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Exxonmobil
16.4.1 Exxonmobil Company Profile
16.4.2 Exxonmobil Refrigeration Oil Product Specification
16.4.3 Exxonmobil Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 Royal Dutch Shell
16.5.1 Royal Dutch Shell Company Profile
16.5.2 Royal Dutch Shell Refrigeration Oil Product Specification
16.5.3 Royal Dutch Shell Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Total
16.6.1 Total Company Profile
16.6.2 Total Refrigeration Oil Product Specification
16.6.3 Total Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Sinopec
16.7.1 Sinopec Company Profile
16.7.2 Sinopec Refrigeration Oil Product Specification
16.7.3 Sinopec Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 Petroliam Nasional Berhad
16.8.1 Petroliam Nasional Berhad Company Profile
16.8.2 Petroliam Nasional Berhad Refrigeration Oil Product Specification
16.8.3 Petroliam Nasional Berhad Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 FUCHS Petrolub
16.9.1 FUCHS Petrolub Company Profile
16.9.2 FUCHS Petrolub Refrigeration Oil Product Specification
16.9.3 FUCHS Petrolub Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Phillips 66
16.10.1 Phillips 66 Company Profile
16.10.2 Phillips 66 Refrigeration Oil Product Specification
16.10.3 Phillips 66 Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 Lubrizol
16.11.1 Lubrizol Company Profile
16.11.2 Lubrizol Refrigeration Oil Product Specification
16.11.3 Lubrizol Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 BP
16.12.1 BP Company Profile
16.12.2 BP Refrigeration Oil Product Specification
16.12.3 BP Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.13 Chevron
16.13.1 Chevron Company Profile
16.13.2 Chevron Refrigeration Oil Product Specification
16.13.3 Chevron Refrigeration Oil Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Refrigeration Oil Manufacturing Cost Analysis
17.1 Refrigeration Oil Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Refrigeration Oil
17.4 Refrigeration Oil Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Refrigeration Oil Distributors List
18.3 Refrigeration Oil Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Refrigeration Oil (2022-2027)
20.2 Global Forecasted Revenue of Refrigeration Oil (2022-2027)
20.3 Global Forecasted Price of Refrigeration Oil (2016-2027)
20.4 Global Forecasted Production of Refrigeration Oil by Region (2022-2027)
20.4.1 North America Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.3 Europe Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.7 Africa Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.9 South America Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Refrigeration Oil Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Refrigeration Oil by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Refrigeration Oil by Country
21.2 East Asia Market Forecasted Consumption of Refrigeration Oil by Country
21.3 Europe Market Forecasted Consumption of Refrigeration Oil by Countriy
21.4 South Asia Forecasted Consumption of Refrigeration Oil by Country
21.5 Southeast Asia Forecasted Consumption of Refrigeration Oil by Country
21.6 Middle East Forecasted Consumption of Refrigeration Oil by Country
21.7 Africa Forecasted Consumption of Refrigeration Oil by Country
21.8 Oceania Forecasted Consumption of Refrigeration Oil by Country
21.9 South America Forecasted Consumption of Refrigeration Oil by Country
21.10 Rest of the world Forecasted Consumption of Refrigeration Oil by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Research Methodology:
Refrigeration Oil Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
| Market Size |
|
|
| Market Position of Top Company |
|
|
| Qualitative Analysis |
|
|
Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
| Primary Sources | Parameters | Key Data |
| Market Segments(by Application, by Type) |
|
|
| Total Market |
|
|