Refrigeration Oil Market, By Product Type (Mineral Oil, Synthetic Oil (Polyol Ester, Poly Alpha Olefin, Alkyl Benzene, Polyalkylene Glycol, Polyvinyl ether, Others)), By Refrigerant Type (Chlorofluorocarbon (CFC), Hydro-chlorofluorocarbon (HCFC), Hydro-fl

Refrigeration Oil Market, By Product Type (Mineral Oil, Synthetic Oil (Polyol Ester, Poly Alpha Olefin, Alkyl Benzene, Polyalkylene Glycol, Polyvinyl ether, Others)), By Refrigerant Type (Chlorofluorocarbon (CFC), Hydro-chlorofluorocarbon (HCFC), Hydro-fluorocarbon (HFC), Ammonia, Others), By End User (Industrial, Commercial, Residential), By Application (Air Conditioners, Coolers, Chillers, Refrigerators/Freezers, Condensers, Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Refrigeration oil is derived from formulating a mixture of oil and additives at high-temperature devised for usage in cooling systems. Refrigeration oil is widely used for lubrication purpose in refrigeration compressors and other systems in order to reduce friction between metal parts and wear in the compressor.
Market Dynamics
The global refrigeration oil market has witnessed significant growth in recent past years, owing to the rising demand for home appliances coupled with shifting preferences for low GWP refrigerants due to growing concerns regarding global warming. This scenario is expected to provide lucrative growth to the global Refrigeration oil market over the forecast period.
Major players in the global Refrigeration oil market are increasing their investment on innovative product launchings, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries energy, chemicals, manufacturing, and others. This scenario is expected to fuel the market during the forecast period.
Key features of the study:
This report provides in-depth analysis of global refrigeration oil market size (US$ Billion and Thousand Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global refrigeration oil market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study includes ExxonMobil Corporation, Royal Dutch Shell Plc, Idemitsu Kosan Co., Ltd., Meiwa Corporation, CPI Fluid Engineering, FUCHS Lubricants, and Performance Chemicals
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Refrigeration oil up-gradation, market expansion, and marketing tactics
The global Refrigeration oil market report caters to various stakeholders in this industry including investors, suppliers, global refrigeration oil manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analysing the global Refrigeration oil market
Detailed Segmentation:
Global Refrigeration Oil Market, By Product Type:
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
Global Refrigeration Oil Market, By Refrigerant Type:
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
Global Refrigeration Oil Market, By End User:
Industrial
Commercial
Residential
Global Refrigeration Oil Market, By Application:
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Global Refrigeration Oil Market, By Region:
North America
U.S.
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Canada
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Latin America
Brazil
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Mexico
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Rest of Latin America
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Europe
France
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Germany
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
U.K.
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Russia
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Rest of Europe
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Asia Pacific
China
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Japan
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Australia
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
India
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Rest of the Asia-pacific
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Middle East & Africa
GCC
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
South Africa
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Rest of Middle East & Africa
By Product Type
Mineral Oil
Synthetic Oil
Polyol Ester
Poly Alpha Olefin
Alkyl Benzene
Polyalkylene Glycol
Polyvinyl ether
Others
By Refrigerant Type
Chlorofluorocarbon (CFC)
Hydro-chlorofluorocarbon (HCFC)
Hydro-fluorocarbon (HFC)
Ammonia
Others
By End User
Industrial
Commercial
Residential
By Application
Air Conditioners
Coolers
Chillers
Refrigerators/Freezers
Condensers
Others
Company Profiles
ExxonMobil Corporation*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Royal Dutch Shell Plc
Idemitsu Kosan Co., Ltd.
Meiwa Corporation
CPI Fluid Engineering
FUCHS Lubricants
Performance Chemicals
“*” marked represents similar segmentation in other categories in the respective