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Refrigeration Oil Market

Refrigeration Oil Market (Product - Mineral Oil and Synthetic Oil; Refrigerant Type - Hydro Chlorofluorocarbon (HCFC), Chlorofluorocarbon (CFC), Hydro Fluorocarbon (HFC), and Ammonia; Application - Air conditioners , Coolers, Chillers, Refrigerators, and Condensers; End-use - Residential, Commercial, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Global Refrigeration Oil Market: Snapshot

The future of the global refrigeration oil market is prosperous, with the demand estimated to increment at a CAGR of 5.8% during the forecast period of 2017 to 2025. Some of the key factors favoring the global refrigeration oil market are: increasing preference of low-GWP refrigerants, rebates offered by government and NGOs to promote energy-efficient product and services, technological advancement such as advent of HVAC&R systems in the healthcare sector, and expanding refrigeration application. The transportation sector and new product development by the leading vendors are also expected to open new opportunities in the global refrigeration oil market, which on the other hand is facing obstruction from compatibility issues and complexity of oil control function. The refrigeration oil market is projected to reach a global valuation of US$1.77 bn by the end of 2025.

global refrigeration oil market

Synthetic Oil Most Identified as Profitable Product Segment of Refrigeration Oil Market

On the basis of product type, the global refrigeration oil market has been bifurcated into mineral oil and synthetic oil. The latter currently serves the maximum demand and is estimated to be worth US$1,314.5 mn by 2025. This potent demand for synthetic oil can be attributed to its compatibility with refrigerant used in the system. On the other hand, the mineral oil offers more benefits over the synthetic oil, which leads to its use as a thermal fluid in mechanical and industrial applications. Polyol ester, ploy alpha olefins, alkyl benzene, ploy alkylene glycols, polyvinyl ether and phenolpropoxylate oil are some of the other types of refrigeration oil. Based on refrigerant type, the global refrigeration oil market has been segmented into hydrocholoroflurocarbon (HCFC), chlorofluorocarbon (CFC), hydro fluorocarbon (HFC), and ammonia. By the end of 2025, hydro fluorocarbon segment is estimated to be worth US$476.1 mn, which is considerably more than any other segments. However, ammonia is anticipated to experience the best CAGR of 6.2% during the forecast period of 2017 to 2025.

Application-wise, the global refrigeration oil market has been categorized into air conditioner, coolers, chillers, refrigerators, and condensers, with air conditioners contributing the most prominent chunk of the overall demand. By 2025, the air conditioners category of the global refrigeration oil market is estimated to be worth US$535.3 mn, expanding at a strong CAGR of 7.7% during the said forecast period. Based on end-use, residential and commercial sectors serve the maximum demand, with residential segment projected for an above-average growth rate.

Asia Pacific Emerges as Highly Lucrative Region

The developed country of the U.S. continues to be the main consumer of refrigerant oils, owing to high demand for refrigerant based products such as air conditioners, residential and commercial refrigerators, and medical freezers. The North America refrigeration oil market is also driven by the increased demand for food storage equipment, growing urbanization, and growth in the consumer electronics market. With increasing usage of air conditioners and refrigerators, there will be augmentation in the demand for high performance and longer life of these systems. Since these oils add long life to the refrigerant systems, the market for the same will flourish consistently. On the other hand, the Asia Pacific region is the major shareholder of the global refrigeration oil market, accounting for more than 35% share of the overall market. This is a reflection of the presence of numerous refrigerants and refrigerant oil providers and end user sectors. The APAC refrigeration oil demand continues to be high due to emerging markets such as India and China, which are projected to grow significantly in the cold storage warehousing and frozen food sectors.

Competitive Landscape to Remain Consolidated Among a Few Players

The global refrigeration oil market is concentrated among five major players, viz. Idemitsu Kosan Co, Ltd., Royal Dutch Shell plc, BASF, Exxon Mobil Corporation, and MEIWA, who collectively accounted for 94.8% of the market in 2016. These companies have a strong product portfolio as well as presence in a number of countries, and are expected to maintain their dominance in the near future too.

Increasing Demand for Refrigeration Systems for COVID-19 Vaccines Storage to Bring Considerable Growth Opportunities across the Refrigeration Oil Market

The refrigeration oil market is prognosticated to gain promising growth during the forecast period of 2017-2025 on the back of the rising demand for consumer appliances. The heightening disposable income and the growing purchasing power parity of a large number of individuals will serve as a prominent growth-boosting factor for the refrigeration oil market.

  • Refrigeration oil is derived from mineral oil or synthetic oil. It is created for use in cooling systems. The main function of refrigeration oil is to effectively lubricate moving parts in the compressor of a refrigerator. The oil displays properties such as high viscosity and low pour point. These properties bode well for the growth of the refrigeration oil market. The utilization of refrigeration oil in refrigerators, air conditioners, chillers, coolers, condensers, and others will bring tremendous growth opportunities.
  • The escalating use of refrigeration oil across the healthcare sector will also serve as a game-changer for the growth of the refrigeration oil market. The food and beverage industry is also growing at a rapid pace. The growing consumption of perishable food products, frozen food products, and packaged food will serve as a growth pillar for the refrigeration oil market. Investments across the refrigeration oil market by various conglomerates and firms will also prove to be game-changers. Thus, all these factors bring profitable growth opportunities.
  • The novel coronavirus pandemic has negatively affected the growth of the refrigeration oil market. The lockdown restrictions led to the closure of manufacturing units. This factor had a negative impact on the growth of the refrigeration oil market. However, the rising need for refrigeration systems to store COVID-19 vaccines will escalate the growth opportunities. Some vaccines need to be stored at very low temperatures. These factors are increasing the demand for refrigeration systems, eventually adding extra stars of growth.

The global Refrigeration Oil market has been segmented as follows:

Product Type
  • Mineral Oil
  • Synthetic Oil

By Refrigerant Type
  • Hydro Chlorofluorocarbon (HCFC)
  • Chlorofluorocarbon (CFC)
  • Hydro Fluorocarbon (HFC)
  • Ammonia

by Application
  • Air conditioners
  • Coolers
  • Chillers
  • Refrigerators
  • Condensers
  • Others

by End Use
  • Residential
  • Commercial
  • Industrial

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

    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

    7. Global Refrigeration Oil Market Analysis by Refrigerant Type
         7.1. Introduction
         7.2. Refrigeration Oil Market Analysis, by Refrigerant Type
         7.3. Refrigeration Oil Market Attractiveness Analysis, by Refrigerant Type 
         7.4. Comparison Matrix by Refrigerant Type

    8. Global Refrigeration Oil Market Analysis by Application
         8.1. Introduction
         8.2. Refrigeration Oil Market Analysis, by Application
         8.3. Refrigeration Oil Market Attractiveness Analysis, by Application
         8.4. Comparison Matrix by Application

    9. Global Refrigeration Oil Market Analysis by End Use
         9.1. Introduction
         9.2. Refrigeration Oil Market Analysis, by Application
         9.3. Refrigeration Oil Market Attractiveness Analysis, by Application
         9.4. Comparison Matrix by Application

    10. Global Refrigeration Oil Market Analysis and Forecasts, by Region
         10.1. Global Refrigeration Oil Market Scenario, by Region, 2016
         10.2. Key Findings
         10.3. Refrigeration Oil Market Analysis, by Region
         10.4. Refrigeration Oil Market Attractiveness Analysis, by Region

    11. North America Refrigeration Oil Market Analysis
         11.1. Key Findings
         11.2. Refrigeration Oil Market Value Share Analysis, by Product Type
         11.3. Refrigeration Oil Market Value Share Analysis, by Refrigerant Type
         11.4. Refrigeration Oil Market Value Share Analysis, by Application
         11.5. Refrigeration Oil Market Value Share Analysis, by End Use
         11.6. Refrigeration Oil Market Value Share Analysis, by Country
         11.7. North America Market Forecast, by Country, 2016- 2025
                11.7.1. U.S.
                11.7.2. Canada
         11.8. Refrigeration Oil Market, Comparison Matrix by Product Type
         11.9. Refrigeration Oil Market, Comparison Matrix by Refrigerant Type
         11.10. Refrigeration Oil Market, Comparison Matrix by Application 
         11.11. Refrigeration Oil Market, Comparison Matrix by End Use
         11.12. PEST Analysis

    12. Latin America Refrigeration Oil Market Analysis
         12.1. Key Findings
         12.2. Refrigeration Oil Market Value Share Analysis, by Product Type
         12.3. Refrigeration Oil Market Value Share Analysis, by Refrigerant Type
         12.4. Refrigeration Oil Market Value Share Analysis, by Application
         12.5. Refrigeration Oil Market Value Share Analysis, by End Use
         12.6. Refrigeration Oil Market Value Share Analysis, by Country
         12.7. Latin America Market Forecast, by Country, 2016- 2025
                12.7.1. Brazil
                12.7.2. Mexico
                12.7.3. Rest of Latin America
         12.8. Refrigeration Oil Market, Comparison Matrix by Product Type
         12.9. Refrigeration Oil Market, Comparison Matrix by Refrigerant Type
         12.10. Refrigeration Oil Market, Comparison Matrix by Application 
         12.11. Refrigeration Oil Market, Comparison Matrix by End Use
         12.12. PEST Analysis

    13. Europe Refrigeration Oil Market Analysis
         13.1. Key Findings
         13.2. Refrigeration Oil Market Value Share Analysis, by Product Type
         13.3. Refrigeration Oil Market Value Share Analysis, by Refrigerant Type
         13.4. Refrigeration Oil Market Value Share Analysis, by Application
         13.5. Refrigeration Oil Market Value Share Analysis, by End Use
         13.6. Refrigeration Oil Market Value Share Analysis, by Country
         13.7. Europe Market Forecast, by Country, 2016- 2025
                13.7.1. Germany
                13.7.2. Italy
                13.7.3. France
                13.7.4. UK
                13.7.5. Russia
                13.7.6. Rest of Europe
         13.8. Refrigeration Oil Market, Comparison Matrix by Product Type
         13.9. Refrigeration Oil Market, Comparison Matrix by Refrigerant Type
         13.10. Refrigeration Oil Market, Comparison Matrix by Application 
         13.11. Refrigeration Oil Market, Comparison Matrix by End Use
         13.12. PEST Analysis

    14. Asia Pacific Refrigeration Oil Market Analysis
         14.1. Key Findings
         14.2. Refrigeration Oil Market Value Share Analysis, by Product Type
         14.3. Refrigeration Oil Market Value Share Analysis, by Refrigerant Type
         14.4. Refrigeration Oil Market Value Share Analysis, by Application
         14.5. Refrigeration Oil Market Value Share Analysis, by End Use
         14.6. Refrigeration Oil Market Value Share Analysis, by Country
         14.7. Asia Pacific Market Forecast, by Country, 2016- 2025
                14.7.1. China
                14.7.2. India
                14.7.3. Japan
                14.7.4. ASEAN
                14.7.5. Rest of Asia Pacific
         14.8. Refrigeration Oil Market, Comparison Matrix by Product Type
         14.9. Refrigeration Oil Market, Comparison Matrix by Refrigerant Type
         14.10. Refrigeration Oil Market, Comparison Matrix by Application 
         14.11. Refrigeration Oil Market, Comparison Matrix by End Use
         14.12. PEST Analysis

    15. Middle East & Africa Refrigeration Oil Market Analysis
         15.1. Key Findings
         15.2. Refrigeration Oil Market Value Share Analysis, by Product Type
         15.3. Refrigeration Oil Market Value Share Analysis, by Refrigerant Type
         15.4. Refrigeration Oil Market Value Share Analysis, by Application
         15.5. Refrigeration Oil Market Value Share Analysis, by End Use
         15.6. Refrigeration Oil Market Value Share Analysis, by Country
         15.7. Middle Easr & Africa Market Forecast, by Country, 2016- 2025
                15.7.1. Africa
                15.7.2. GCC
                15.7.3. Rest of MEA
         15.8. Refrigeration Oil Market, Comparison Matrix by Product Type
         15.9. Refrigeration Oil Market, Comparison Matrix by Refrigerant Type
         15.10. Refrigeration Oil Market, Comparison Matrix by Application 
         15.11. Refrigeration Oil Market, Comparison Matrix by End Use
         15.12. PEST Analysis

    16. Competition Landscape
         16.1. Competition Matrix
         16.2. Refrigeration Oil Market Share Analysis, by Company (2016)
         16.3. Company Profiles
                16.3.1. ExxonMobil Corporation
                          16.3.1.1.  Company Description
                          16.3.1.2.  Business Overview
                          16.3.1.3.  Overall Revenue
                          16.3.1.4.  Strategic Overview
                16.3.2. Royal Dutch Shell Plc
                          16.3.2.1.  Company Description
                          16.3.2.2.  Business Overview
                          16.3.2.3.  Overall Revenue
                          16.3.2.4.  Strategic Overview
                16.3.3. Idemitsu KosanCo. Ltd.
                          16.3.3.1.  Company Description
                          16.3.3.2.  Business Overview
                          16.3.3.3.  Overall Revenue
                          16.3.3.4.  Strategic Overview
                16.3.4. MEIWA Corporation
                          16.3.4.1.  Company Description
                          16.3.4.2.  Business Overview
                16.3.5. Lubrizol Corporation
                          16.3.5.1.  Company Description
                          16.3.5.2.  Business Overview
                          16.3.5.3.  Overall Revenue
                          16.3.5.4.  Strategic Overview
                16.3.6. Fuchs Petrolub SE
                          16.3.6.1.  Company Description
                          16.3.6.2.  Business Overview
                16.3.7. Chevron Phillips Chemical Company LLC.
                          16.3.7.1.  Company Description
                          16.3.7.2.  Business Overview
                16.3.8. BASF SE
                          16.3.8.1.  Company Description
                          16.3.8.2.  Business Overview
                          16.3.8.3.  Overall Revenue
                          16.3.8.4.  Strategic Overview
                16.3.9. Dow Chemical Company
                          16.3.9.1.  Company Description
                          16.3.9.2.  Business Overview
                          16.3.9.3.  Overall Revenue
                          16.3.9.4.  Strategic Overview
                16.3.10. Chemtura Corporation
                          16.3.10.1.  Company Description
                          16.3.10.2.  Business Overview
                          16.3.10.3.  Overall Revenue
                          16.3.10.4.  Strategic Overview

    17. Primary Research

    List of Table

    Table 01 : Global Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 02 : Global Refrigeration Oil Comparison Matrix By Product Type 
    Table 03 : Global Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 04 : Global Refrigeration Oil Comparison Matrix By Refrigeration Type 
    Table 05 : Global Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 06 : Global Refrigeration Oil Comparison Matrix By Application
    Table 07 : Global Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 08 : Global Refrigeration Oil Comparison Matrix By End Use
    Table 09 : Global Refrigeration Oil Market Size (US$ Mn) Forecast, by Region, 2016–2025
    Table 10 : North America Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 11 : US Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 12 : Canada Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 13 : North America Comparison Matrix By Product Type 
    Table 14 : North America Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 15 : U.S. Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 16 : Canada Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 17 : North America Comparison Matrix By Refrigeration Type 
    Table 18 : North America Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 19 : U.S. Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 20 : Canada Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 21 : North America Comparison Matrix By Application
    Table 22 : North America Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 23 : U.S. Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 24 : Canada Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 25 : North America Comparison Matrix By End Use  
    Table 26 : Latin America Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 27 : Brazil Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 28 : Mexico Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 29 : Rest of Latin America Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 30 : Latin America Comparison Matrix By Product Type 
    Table 31 : Latin America Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 32 : Brazil Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 33 : Mexico Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 34 : Rest of Latin America Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 35 : Latin America Comparison Matrix By Refrigeration Type 
    Table 36 : Latin America Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 37 : Brazil Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 38 : Mexico Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 39 : Rest of Latin America Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 40 : Latin America Comparison Matrix By Application Type 
    Table 41 : Latin America Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 42 : Brazil Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 43 : Mexico Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 44 : Rest of Latin America Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 45 : Latin America Comparison Matrix By End Use
    Table 46 : Europe Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 47 : Germany Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 48 : Italy Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 49 : France Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 50 : UK Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 51 : Russia Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 52 : Rest of Europe Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 53 : Europe Comparison Matrix By Product Type 
    Table 54 : Europe Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 55 : Germany Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 56 : Italy  Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 57 : France Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 58 : UK Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 59 : Russia Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 60 : Rest of Europe Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 61 : Europe Comparison Matrix By Refrigeration Type 
    Table 62 : Europe Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 63 : Germany Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 64 : Italy  Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 65 : France Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 66 : UK Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 67 : Russia Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 68 : Rest of Europe Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 69 : Europe Comparison Matrix By Application Type 
    Table 70 : Europe Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 71 : Germany Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 72 : Italy Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 73 : France Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 74 : UK Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 75 : Rest of Europe Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 76 : Europe Comparison Matrix By End Use 
    Table 77 : Asia Pacific Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 78 : India Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 79 : China Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 80 : Japan Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 81 : ASEAN Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 82 : Rest of APAC Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 83 : Asia Pacific Comparison Matrix By Product Type 
    Table 84 : Asia Pacific Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 85 : India Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 86 : China Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 87 : Japan Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 88 : ASEAN Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 89 : Rest of APAC Refrigeration Oil Market Analysis By Refrigerant Type, 2016–2025
    Table 90 : Asia-Pacific Comparison Matrix By Refrigeration Type 
    Table 91 : Asia Pacific Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 92 : India Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 93 : China Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 94 : Japan Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 95 : ASEAN Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 96 : Rest of APAC Refrigeration Oil Market Analysis By Application Type, 2016–2025
    Table 97 : Asia-Pacific Comparison Matrix By Application Type 
    Table 98 : Asia Pacific Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 99 : India Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 100 : China Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 101 : Japan Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 102 : ASEAN Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 103 : Rest of APAC Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 104 : Asia-Pacific Comparison Matrix By End Use 
    Table 105 : MEA Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 106 : GCC Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 107 : South Africa Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 108 : Rest of MEA Refrigeration Oil Market Analysis By Product Type, 2016–2025
    Table 109 : Middle East and Africa Comparison Matrix By Product Type 
    Table 110 : MEA Refrigeration Oil Market Analysis By Refrigeration Type, 2016–2025
    Table 111 : GCC Refrigeration Oil Market Analysis By Refrigeration Type, 2016–2025
    Table 112 : South Africa Refrigeration Oil Market Analysis By Refrigeration Type, 2016–2025
    Table 113 : Rest of MEA Refrigeration Oil Market Analysis By Refrigeration Type, 2016–2025
    Table 114 : Middle East and Africa Comparison Matrix By Refrigeration Type 
    Table 115 : MEA Refrigeration Oil Market Analysis By Application, 2016–2025
    Table 116 : GCC Refrigeration Oil Market Analysis By Application, 2016–2025
    Table 117 : South Africa Refrigeration Oil Market Analysis By Application, 2016–2025
    Table 118 : Rest of MEA Refrigeration Oil Market Analysis By Application, 2016–2025
    Table 119 : Middle East and Africa Comparison Matrix By Application
    Table 120 : MEA Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 121 : GCC Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 122 : South Africa Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 123 : Rest of MEA Refrigeration Oil Market Analysis By End Use, 2016–2025
    Table 124 : Middle East and Africa Comparison Matrix By End use

    List of Figures

    Figure 01 : Refrigeration Oil Market
    Figure 02 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 03 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 04 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 05 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 06 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 07 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 08 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 09 : Global Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 10 : Global Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 11 : Global Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 12 : Global Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 13 : Global Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 14 : Global Refrigeration Oil Market Attractiveness Analysis, by Refrigerant Type 
    Figure 15 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 16 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 17 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 18 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 19 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 20 : Global Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 21 : Global Refrigeration Oil Market Attractiveness Analysis, by Application
    Figure 22 : Global Refrigeration Oil Market Attractiveness Analysis, by End use 
    Figure 23 : Market Value Share, by type (2016)
    Figure 24 : Market Value Share, by Synthetic oil (2016)
    Figure 25 : Market Value Share, by Region
    Figure 26 : Market Value Share, by Refrigerant type (2016)
    Figure 27 : Market Value Share, by Application (2016)
    Figure 28 : Market Value Share, by End Use 
    Figure 29 : Global Refrigeration Oil Market Attractiveness Analysis, by Region
    Figure 30 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 31 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 32 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 33 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 34 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 35 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 36 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 37 : North America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 38 : North America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 39 : North America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 40 : North America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 41 : North America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 42 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 43 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 44 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 45 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 46 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 47 : North America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 48 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 49 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 50 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 51 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 52 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 53 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 54 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 55 : Latin America Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 56 : Latin America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 57 : Latin America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 58 : Latin America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 59 : Latin America Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 60 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 61 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 62 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 63 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 64 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 65 : Latin America Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 66 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 67 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 68 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 69 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 70 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 71 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 72 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 73 : Europe Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 74 : Europe Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 75 : Europe Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 76 : Europe Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 77 : Europe Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 78 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 79 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 80 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 81 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 82 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 83 : Europe Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 84 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 85 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 86 : Asia-Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 87 : Asia-Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 88 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 89 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 90 : Asia-Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 91 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 92 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 93 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 94 : Asia-Pacific Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 95 : Asia-Pacific Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 96 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 97 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 98 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 99 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 100 : Asia Pacific  Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 101 : Asia Pacific Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 102 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 103 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 104 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 105 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 106 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 107 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 108 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 109 : MEA Refrigeration Oil Market Size (US$ Mn), by Product Type Segment 2016–2025
    Figure 110 : Middle East and Africa Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 111 : Middle East and Africa Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 112 : Middle East and Africa Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 113 : Middle East and Africa Refrigeration Oil Market Size (US$ Mn), by Refrigerant Type Segment 2016–2025
    Figure 114 : Middle East & Africa Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 115 : Middle East & Africa Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 116 : Middle East & Africa  Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 117 : Middle East & Africa  Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 118 : Middle East & Africa Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 119 : Middle East & Africa Refrigeration Oil Market Size (US$ Mn), by Application Segment 2016–2025
    Figure 120 : Refrigeration Oil Market Share Analysis, By Company (2016)

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Refrigeration Oil Market

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