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- ID:OGA1910MVCH5873
- Published: October-2021
- Pages:110
- OG Analysis
Global Refrigeration Oil Market, Size, Share, Outlook and Growth Opportunities to 2026: By Oil Type (Synthetic Oil, and Mineral Oil), By Application (Refrigerator & Freezer, Air Conditioner, Automotive Ac System, and Aftermarket) and By Region
Key Highlights
The Global Refrigeration Oil Market is gaining momentum and is poised to grow at a CAGR of 5.64% over the forecast period 2020-2026.
APAC is the fastest-growing market for refrigeration oil, it is expected to maintain the trend over the forecast period in terms of value.
Stringent governmental regulations related to environmental concerns refrigeration oil market demand has been restricted in Europe.
Refrigeration Oil Market is growing due to increase in standard of living and growing consumption of packaged food products, along with the mass adoption of vaccines and drugs will boost the demand for refrigerators, freezers, air conditioners, and automobile HVAC systems. Which in turn escalate the refrigeration oil market demand.
Increasing R&D activities by the manufacturers to develop innovative products at low cost will create a new opportunities in terms of revenue to the key players that operating in global refrigeration oil market size in future.
The synthetic oil segment holds the largest share of refrigeration oil market in terms of value. Synthetic refrigeration oil has several advantages over conventional mineral refrigeration oil, like high viscosity index, superior chemical resistance, excellent shear stability, and stable performance in extreme conditions.
The refrigerator & freezer application is estimated to be the largest segment of the refrigeration oil market, over the forecast period. Due to increasing demand for packaged food items and the changing lifestyle of people in developed and developing regions.
Growing demand for commercial refrigerators in pharmaceutical and food industries is also a factor estimated to fuel the refrigeration oil market growth.
Asia-Pacific is leading region for refrigeration oil market in terms of value and volume. Growing population and high demand for refrigerators, freezers, air conditioners, and automobiles in the emerging markets of APAC that include China and India, are some of the major factors projected to drive the demand for refrigeration oil in this region.
Additionally, high employment rate, rising disposable income of the people, and mounting foreign investments in various sectors of the economy are the factors that make APAC an attractive market for refrigeration oil.
Stringent government regulations pertaining to CFC emission is expected to challenge growth of the global refrigeration oil market.
Global Refrigeration Oil Market Insights
The 2019 series of global market size, share, outlook, trends and growth prospects is a comprehensive analysis on global Refrigeration Oil market conditions. Major trends shaping the near and long term future of the industry, opportunities, drivers and restraints of Refrigeration Oil market, detailed porter’s five forces analysis and competitive insights are included in the research report.
Global Refrigeration Oil Market Share by Oil Type
The report presents the detailed annual outlook of each oil type of the Refrigeration Oil market to 2026. Synthetic Oil and Mineral Oil are various types included in the Refrigeration Oil market report. Of these Synthetic Oil, occupies major share in the global industry.
Global Refrigeration Oil Market Size by Applications
The report presents in-depth insights into each of the leading Refrigeration Oil foams along with annual forecasts to 2026. Various applications that are studied in the report include Refrigerator & Freezer, Air Conditioner, Automotive Ac System, and Aftermarket. Refrigerator & Freezer segment is the largest among all the applications.
Global Refrigeration Oil Market Revenue by Region
The current Refrigeration Oil market size in terms of revenue across 5 regions including North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa are studied in the report. In addition, historic data from 2018 and annual forecasts to 2026 are also included in the research report. Globally, Asia Pacific is the fastest growing market for Refrigeration Oil.
Global Refrigeration Oil Market Analysis by Company
Top 10 leading companies in global Refrigeration Oil market are analyzed in the report along with their business overview, operations, geographical locations, financial analysis, SWOT profile and Refrigeration Oil products & services.
Global Refrigeration Oil Market News and Recent Developments
Latest news and industry developments in terms of Refrigeration Oil expansions, acquisitions, organic & inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.
Scope:
Long term perspective on the Refrigeration Oil industry: 2019 (base year), 2019- 2025 (forecast period)
Refrigeration Oil Market- Forecasts by Segments- Oil type and Application Industry by geography.
• The report provides the market outlook by 2 oil types including Synthetic Oil and Mineral Oil.
• It provides the Refrigeration Oil market outlook by 4 applications including Refrigerator & Freezer, Air Conditioner, Automotive Ac System, and Aftermarket.
• Refrigeration Oil market across countries in 5 regions including Asia-Pacific, Europe, North America, South & Central America, and Middle East & Africa are covered.
Refrigeration Oil Market- Strategic Analysis Review
1. Key strategies opted by leading players
2. Short to Long Term Industry Trends
3. Porter’s Five Forces Analysis
4. Supply side and Demand Side Drivers and Challenges
Refrigeration Oil Market- Growth Opportunities
1. Potential New Business Opportunities
2. Key Areas of Focus in forecast period
Refrigeration Oil Market- Competitive Scenario
1. 10 companies are analysed in the report including JXTG Group, BASF SE, Idemitsu Kosan Co., Ltd., Royal Dutch Shell plc, ExxonMobil Corporation, BP p.l.c., PETRONAS, Chevron Corporation, Total S.A., and Sinopec Group.
2. Company Peer-to-Peer Comparison
3. Company Profile and SWOT Analysis
4. Financial Analysis
Table of Contents
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Introduction to Global Refrigeration Oil Market
2.1 Global Refrigeration Oil Market Snapshot, 2019
2.2 Refrigeration Oil Industry Overview
2.3 Research Perspective
3. Global Refrigeration Oil Market- Strategic Analysis
3.1 Short Term and Long Term Industry Trends Affecting Global Refrigeration Oil Markets
3.2 Leading Refrigeration Oil Types Targeted by Global Manufacturers
3.3 Key Consumption Patterns of Refrigeration Oil
3.4 Potential Markets Vital for business Expansion
3.5 Five Forces Analysis
3.6 Drivers and Restraints
4. Global Refrigeration Oil Market Outlook and Growth Opportunities by Oil Type
4.1 Synthetic Oil Refrigeration Oil Market Outlook, 2020-2026
4.2 Mineral Oil Refrigeration Oil Market Outlook, 2020-2026
5. Global Refrigeration Oil Market Outlook and Growth Opportunities by Application
5.1 Refrigeration Oil Demand in Refrigerator & Freezer, Market Outlook, 2020-2026
5.2 Refrigeration Oil Demand in Air Conditioner, Market Outlook, 2020-2026
5.3 Refrigeration Oil Demand in Automotive Ac System, Market Outlook, 2020-2026
5.4 Refrigeration Oil Demand in Aftermarket, Market Outlook, 2020-2026
6. Asia Pacific Refrigeration Oil Market Outlook and Growth Opportunities
6.1 Key Findings, 2019
6.2 Asia Pacific Refrigeration Oil Market Outlook by Oil type, 2020-2026
6.3 Asia Pacific Refrigeration Oil Market Outlook by Application, 2020-2026
6.4 Asia Pacific Refrigeration Oil Market Outlook by Country, 2020-2026
7. Europe Refrigeration Oil Market Outlook and Growth Opportunities
7.1 Key Findings, 2019
7.2 Europe Refrigeration Oil Market Outlook by Oil type, 2020-2026
7.3 Europe Refrigeration Oil Market Outlook by Application, 2020-2026
7.4 Europe Refrigeration Oil Market Outlook by Country, 2020-2026
8. North America Refrigeration Oil Market Outlook and Growth Opportunities
8.1 Key Findings, 2019
8.2 North America Refrigeration Oil Market Outlook by Oil type, 2020-2026
8.3 North America Refrigeration Oil Market Outlook by Application, 2020-2026
8.4 North America Refrigeration Oil Market Outlook by Country, 2020-2026
9. South & Central America Refrigeration Oil Market Outlook and Growth Opportunities
9.1 Key Findings, 2019
9.2 South & Central America Refrigeration Oil Market Outlook by Oil type, 2020-2026
9.3South & Central America Refrigeration Oil Market Outlook by Application, 2020-2026
9.4South & Central America Refrigeration Oil Market Outlook by Country, 2020-2026
10. Middle East & Africa Refrigeration Oil Market Outlook and Growth Opportunities
10.1 Key Findings, 2019
10.2 Middle East & Africa Refrigeration Oil Market Outlook by Oil type, 2020-2026
10.3 Middle East & Africa Refrigeration Oil Market Outlook by Application, 2020-2026
10.4 Middle East & Africa Refrigeration Oil Market Outlook by Country, 2020-2026
11. Competitive Landscape
11.1 Leading Players (Company Profile, SWOT Analysis, Refrigeration Oil Products, Financial Analysis)
11.1.1 JXTG Group
11.1.2 BASF SE
11.1.3 Idemitsu Kosan Co., Ltd.
11.1.4 Royal Dutch Shell plc
11.1.5 ExxonMobil Corporation
11.1.6 BP p.l.c.
11.1.7 PETRONAS
11.1.8 Chevron Corporation
11.1.9 Total S.A.
11.1.10 Sinopec Group
11.2 Company Benchmarking
11.3 Financial Analysis
12. Recent News and Deals Landscape
12.1 Mergers and Acquisitions
12.2 New Product Launches
12.3 Asset Transactions
12.4 Financial Announcements
13. Appendix
13.1 OG Analysis Expertise
13.2 Sources and Research Methodology
13.3 Contact Information
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