Refrigeration oil market is a high-temperature oil composed of additives & oil which efficiently provides lubrication to the compressors. This oil is mostly derived from either synthetic or mineral oil. Mineral oils are considered to be the prime oils used in the refrigeration systems. Refrigeration is the process of cooling a substance or an area below the temperature of the atmosphere. The refrigerants follow a cycle which includes vapour-compression, absorption, steam ejection and air.
Refrigeration Oil Market is expected to reach USD 1.42 billion by 2025, from USD 1.03 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Get Sample PDF (including COVID19 Impact Analysis) of Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-refrigeration-oil-market
Market Drivers and Restraints:
Growing demand for consumer appliances
Demand in food and pharmaceutical sector
Increasing demand for low GWP refrigerants
Stringent regulations
Growing demand for low viscosity and high-quality refrigeration oil
Compatibility issue of refrigeration oil with refrigerants
The major players covered in the Refrigeration Oil Market
Renowned players operating in the global refrigeration oil market consist of Jxtg Group, BASF SE, Idemitsu Kosan Co., Ltd., Exxonmobil Corporation, Royal Dutch Shell Plc, Total S.A., China Petrochemical Corporation (Sinopec Group), Petroliam Nasional Berhad (PETRONAS), FUCHS Petrolub Se, Johnson Controls, The Lubrizol Corporation, BP P.L.C., Chevron Corporation, Behr Hella Service Gmbh, BVA, Inc., Calumet Specialty Products Partners, L.P., CAMCO Lubricants, CITGO Petroleum Corporation, Cosmo Oil Lubricants Co., Ltd., Ente Nazionale Idrocarburi (Eni), Indian Oil Corporation Ltd., Isel, National Refrigerants, Inc., Summit Oil Company, Inc. (Klüber Lubrication Na Lp), Lubriplate Lubricants Company, Lukoil, Petro-Canada Lubricants Inc., Phillips 66 Lubricants, Sun Company, Inc. and many more.
MAJOR TOC OF THE REPORT
Chapter One: Refrigeration Oil Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Refrigeration Oil Market Competition, by Players
Chapter Four: Global Refrigeration Oil Market Size by Regions
Chapter Five: North America Refrigeration Oil Market Revenue by Countries
Chapter Six: Europe Refrigeration Oil Market Revenue by Countries
Chapter Seven: Asia-Pacific Refrigeration Oil Market Revenue by Countries
Chapter Eight: South America Refrigeration Oil Market Revenue by Countries
Get Detail TOC@https://www.databridgemarketresearch.com/toc/?dbmr=global-refrigeration-oil-market
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Refrigeration Oil Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Refrigeration Oil Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Refrigeration Oil Market
A roadmap of growth opportunities available in the global Refrigeration Oil Market with the identification of key factors
The exhaustive analysis of various trends of the global Refrigeration Oil Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Refrigeration Oil Market ?
What will the Refrigeration Oil Market Demand and what will be Growth?
What are the latest opportunities for Refrigeration Oil Market in the future?
What are the strengths of the key players?
Access Full Report @https://www.databridgemarketresearch.com/reports/global-refrigeration-oil-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: [email protected]
Browse Related Reports@