Refrigeration Oil Market worth $1.4 billion by 2024

1

• Refrigeration Oil Market worth 1.4 billion by
  2024

https//www.marketsandmarkets.com/Market-Reports/r
efrigeration-oil-market-126068118.html
2

• Scope of The Report

• This report categorizes the global refrigeration
  oil market based on oil type, application, and
  region.

• Based on the Oil Type, the refrigeration oil
  market has been segmented as follows
• Synthetic Oil
• Mineral Oil
• On the basis of Application, the refrigeration
  oil market has been segmented as follows
• Refrigerator Freezer
• Air Conditioner
• Automotive AC System
• Aftermarket
• Based on the Region, the refrigeration oil market
  has been segmented as follows
• APAC
• North America
• Europe
• Middle East Arica
• South America  

And More
https//www.marketsandmarkets.com/Market-Reports/r
efrigeration-oil-market-126068118.html
3
Key Segments
The report provides detailed insights into the
global Refrigeration Oil Market that has been
segmented by oil type, application, and region.
1
2
Synthetic oil is the largest segment of the
Refrigeration Oil market.
Refrigerator freezer application is estimated
to be the largest segment of the natural
fragrance market during the forecast period.
3
APAC is estimated to be the largest market for
Refrigeration Oil during the forecast period.
4
The growth of the market is driven by the
increasing demand for consumer appliances,
growing demand from food pharmaceutical
industries, and rising demand for low GWP
refrigerants.
5
https//www.marketsandmarkets.com/Market-Reports/r
efrigeration-oil-market-126068118.html
4

• Market Growth Rate

2024
2019
Market Size of USD 1.1 billion
Market Size of USD 1.4 billion

• Recent Developments
• In May 2018, PETRONAS entered into an agreement
  to acquire 25 equity In LNG Canada. This will
  strengthen the companys lubricant business
  across the value chain.
• In October 2017, Idemitsu Q8 Petroleum LLC, a
  5050 joint venture company of Idemitsu Kosan Co.
  Ltd. (Japan) and Kuwait Petroleum International
  Ltd. (Kuwait City), started operating a service
  station business in Hanoi, Vietnam.
• In September 2017, BASF India Limited, a
  subsidiary of BASF SE, expanded technical lab for
  fuel and lubricant solutions in South Asia. This
  will help the company to grow its refrigeration
  oil business automotive and industrial
  applications.
• In April 2017, Johnson Controls opened a new
  screw compressor testing lab for USD 6.7 million.
  The new 7,000 square feet laboratory is used to
  test large screw compressors that support
  refrigeration and gas compression applications in
  the oil, gas, and process industries.

https//www.marketsandmarkets.com/Market-Reports/r
efrigeration-oil-market-126068118.html
5

• Key Vendors

Vendors

•  JXTG Group (Japan)
• BASF  (Germany)
•  Idemitsu Kosan Co. (Japan)
• Royal Dutch Shell  (Netherlands)
• ExxonMobil (US), BP (UK)
• FUCHS (Germany)

• PETRONAS (Malaysia)
• Chevron (US)
• Total (France)
• Sinopec Group (China)
• And More

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/refrigeration-oil-market-1260681
18.html
6

• Major Regions

• APAC
• North America
• Europe
• Middle East Arica
• South America

https//www.marketsandmarkets.com/Market-Reports/r
efrigeration-oil-market-126068118.html
7

• MarketsandMarkets Value Proposition

How are we different?

• Most-detailed market segmentation in industry
• In-depth analysis of patents profiles of key
  market players providing a competitive landscape
• Market data for segments such as technologies,
  services applications across geographies
• High level analysis of major market segments and
  identification of opportunities

8

• MarketsandMarkets Delivery Model

Here's how we can help you...

• Research coverage can be a wide range in varied
  or niche categories in the published data or
  custom-made as per client's projects
• Assess New Product Development from inception to
  launch
• Optimize investments in established brands and
  recommend new approaches in global territories
• Discover potential in new geographical markets
  and analyze how to successfully expand into them
• Analyze the Challenges, Opportunities, Market
  structures, Drivers and Competitive Landscape

9

• MarketsandMarkets Our Expertise

Our Expertise

• Compelling Business cases Market size Estimations
• Company Market Best Practices
• Entry or Go-To-Market strategies
• Market Dynamics, Positioning and Segmentations
• Competitive Landscaping and Benchmarking
• Opportunity Analysis
• Economic Forecasting
• Industry-specific Technology solutions
• Roadmap Analysis

10
(No Transcript)
11
(No Transcript)
12

• Stay in touch

Our Report Covers Market Scenarios,
Vendor landscape Industry Road Maps. Get Free
10 Customization in this report
sales_at_marketsandmarkets.com Or you can visit us
https//www.marketsandmarkets.com/
USA address MarketsandMarkets INC.630 Dundee
Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441
Corporate Headquarters MarketsandMarkets
Research Private Ltd. Tower B5, office
101,Magarpatta SEZ,Hadapsar, Pune-411013,
India1-888-600-6441