Refrigeration Oil Market Will Reach At CAGR Of 5.8% Between 2017 – 2025

“The Latest Research Report Refrigeration Oil Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz”

Global Refrigeration Oil Market: Overview

Refrigeration oil is a high-temperature formulation oil composed of additives and oil which provides lubrication to compressors. This oil is basically derived from either synthetic or mineral oil. Mineral oils are the prime oils used in the refrigeration systems; however, they are no longer suitable for the new refrigerants, mainly due to their insufficient lubricity and miscibility.

Refrigeration is the process of cooling a substance or an area below the temperature of the atmospheres. The refrigerants follow a cycle which includes: vapor-compression, absorption, steam ejection and air. Refrigeration oil play an important role in the area of lubricants and lubrication technology. It has a large influence on industry, lifestyle, agriculture and settlement patterns.

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Global Refrigeration Oil Market: Trends and Opportunities

The shift towards frozen and chilled products is predicted to increase the demand for compressors, thus rising demand for food and beverages industry is likely to drive the refrigeration oil market. The globally varying food habits have resulted into demand of stores like Subway, and McDonald’s, KFC moreover the rising need for storage of medical products such as HVAC&R systems and vaccines in the health care sector is projected to motivate the refrigeration oil market.

With the increase in the usage of air conditioners and refrigerators, there will be a continuous growth in the refrigerant oil market for the high performance and longer life of these systems as these oils add long life to the refrigerant systems. Global Synthetic oil market is around 71% and rest of the market is shared by the mineral oil, thus many refrigerant oil manufacturing companies are producing more synthetic oil based products.

Global Refrigeration Oil Market: Segmentations

The refrigeration oil market has been segmented by product type into the synthetic and mineral varieties. The synthetic oil segment is estimated to increase and hold a significant share in the market during the forecast period, thus creating more opportunities compared to mineral oil in the near future. Based on refrigerant type, the market has been divided into the following categories: hydro-chlorofluorocarbon (HCFC), chlorofluorocarbon (CFC), ammonia, hydro-fluorocarbon (HFC), and others. On the basis of application, the refrigeration oil market has been classified into the following sections: coolers, air conditioners, chillers, condensers, refrigerators/freezers, and others. The air conditioners segment is assessed to witness considerable growth in the near future.

In terms of the end-user sector, the refrigeration oil market has been divided into the commercial and residential sectors. The industrial segment is predicted to be a key contributor in the market. The global refrigeration oil market has been distributed geographically over North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is one of the key consumers of refrigeration oil globally. The India and China are the key countries expected to propel the demand in the forecast period.

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Report offers comprehensive study of Refrigeration Oil types that include Mineral Oil and Synthetic Oil. The total oil market is segmented into oil type, refrigeration type, application and region. Based on the type of oil, market is segmented into oil type, refrigeration type, application and region.

Companies Mentioned in Report

In the refrigeration oil by type segment includes mineral oil, alkyl benzene oil, Polyolester Oils, Polyalkylene Glycol, & PAO Oils. On the basis of refrigeration type, the market can be segmented into CFC, HCFC, HFC & Others. In the forecast period HFC, and Ammonia due almost no greenhouse potential is expected to grow at a fast pace in comparison to other oil by type segment. Based on the end user segment report is divided into three segments such as industrial, commercial, residential in end use segment residential type is expected to grow at a fast pace due to rise in use of chillers, refrigerators, and air conditioners in pharmaceutical research laboratories, research and development department of food & beverage.

The global Refrigeration Oil market has been segmented as follows:

Refrigeration Oil Market: Product Type

Mineral Oil

Synthetic Oil

Refrigeration Oil Market: By Refrigerant Type

Hydro Chlorofluorocarbon (HCFC)

Chlorofluorocarbon (CFC)

Hydro Fluorocarbon (HFC)

Ammonia

Refrigeration Oil Market: by Application

Air conditioners

Coolers

Chillers

Refrigerators

Condensers

Others

Refrigeration Oil Market: by End Use

Residential

Commercial

Industrial

Refrigeration Oil Market: Regional Analysis

North America

U.S.

Canada

Europe

U.K.

Italy

Russia

France

Germany

Rest Of Europe

Asia Pacific

China

India

ASEAN

Japan

Rest Of Asia Pacific

Latin America

Brazil

Mexico

Rest of South America

Middle East & Africa (MEA)

GCC

South Africa

Rest of MEA

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Table Of Contents

1. Preface

1.1. Report Scope and Market Segmentation

1.2. Research Highlights

2. Assumptions and Research Methodology

2.1. Assumptions and Acronyms Used

2.2. Research Methodology

3. Executive Summary

3.1. Market Size, Global Refrigeration Oil Market (US$ Mn)

3.2. Key Trends

4. Market Overview

4.1. Product Overview

4.2. Key Market Developments

4.3. Market Indicators

4.4. Market Dynamics

4.4.1. Drivers

4.4.2. Restraints

4.4.3. Key Opportunities

4.5. Porter’s Analysis

4.5.1. Threat of Substitutes

4.5.2. Bargaining Power of Buyers

4.5.3. Bargaining Power of Suppliers

4.5.4. Threat of New Entrants

4.5.5. Degree of Competition

4.6. Value Chain Analysis

4.7. Regulatory Scenario

4.8. SWOT Analysis

5. Global Refrigeration Oil Market– Supply Demand Scenario

6. Global Refrigeration Oil Market Analysis, by Product Type

6.1. Introduction

6.2. Refrigeration Oil Market Analysis, by Product Type

6.3. Comparison Matrix by Product Type

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