Refrigeration Oil Market Volume Analysis, size, share and Key Trends 2015-2025 by FMI Estimate

Global Refrigeration
Oil Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015
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Report
Description
Report Description
Refrigeration Oil Market: Overview
Refrigerant oils are the oils used in Refrigerant systems that offers better performance
and long life to these systems. In a refrigeration system, refrigerant carries the oil through
the compressor that circulates throughout the system. Refrigeration oils play an
important role in the area of lubricants and lubrication technology. Refrigerants oils act as
lubricants in the refrigeration system which makes it more efficient.
The durability of refrigeration compressors is dependent on the quality and performance
of the refrigeration oils. Refrigeration Oil Market finds its usage in commercial, residential
and industrial applications. There will be a growth in the refrigerant oil market due to
increase in the usage of air conditioners and refrigerators, as refrigerant oil market adds
long life to the refrigerant systems.
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Global Refrigeration Oil Market: Segmentation
Global refrigeration oil market is segmented into oil type, refrigeration type, application,
and region. The global refrigeration oil market can be segmented on the basis of oil type
which 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. Region wise, global refrigeration oil market is segmented into North America,
Latin America, Western Europe, Eastern Europe, Japan, Asia pacific (APEJ), and Middle
Report
Description
Report Description
Global Refrigeration Oil Market: Region-wise Outlook
The global refrigeration oil market is projected to witness a considerable growth from
2015 to 2025. Currently, Western Europe and North America are matured market for
global refrigeration oil market. U.S. is the highest consumer of refrigerant oils due to high
demand of refrigerant based products such as air conditioners, residential and
commercial refrigerators, medical freezers, & others. According to FMI forecasts, the
refrigeration oil market in Asia-Pacific region is expected to grow at fastest CAGR over the
forecasted period.
Global Refrigeration Oil Market: Drivers
Refrigerant oil market is a growing market with the advancement in technology and
change in lifestyles. Refrigerant oils are used for many applications namely chillers, air
conditioners, ice machines, coolers, refrigerators/freezers, condensing units and many
more. Refrigerant oil market is expected to grow at a considerable rate for the forecast
period owing to their significant applications in diverse end user industries.
The drivers for this market are increased demand for food storage equipment, growing
urbanization, growth in consumer electronics market, & others. All these factors together
drive the Refrigeration Oil market during the forecast period.
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Global Refrigeration Oil Market: Restraints
Report
Description
Report Description
Some of the restraints that are hampering the growth of global refrigeration oil market to
some extent are regulatory changes and environmental effects.
Global Passive Infrared Sensor Market: Competitive Landscape
Key players in the global refrigeration oil market focus on product innovation and
expansion in order to outperform competitors. Finding the uses of the refrigeration oils in
different applications is also the major strategy followed by major players in the global
refrigeration oil market.
Global Refrigeration Oil Market: Key Players
Some of the major players identified in the global refrigeration oil market are Chemtura
Corporation (U.S.), BASF SE (Germany), The Lubrizol Corporation (U.S.), The Lubrizol
Corporation (U.S.), The Dow Chemical Co. (U.S), & others.
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Refrigerant oils are the oils used in Refrigerant systems that offers better performance and long life to these systems. In a refrigeration system, refrigerant carries the oil through the compressor that circulates throughout the system. Refrigeration oils play an important role in the area of lubricants and lubrication technology. Refrigerants oils act as lubricants in the refrigeration system which makes it more efficient.