Refrigeration Oil Market Report, 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), H

Refrigeration Oil Market Report, 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), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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 from 2019, owing to the rising demand for home appliances coupled with shifting preferences for low GWP (Global Warming Potential) 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 launches, research & development and marketing & promotional activities to capitalize on emerging trends in various end-use industries, chemicals, manufacturing, and others. This scenario is expected to fuel the market growth during the forecast period.

The current market demand is concentrated on refrigeration oils that are cost-effective and meet the minimum standards or regulations mandated in the region. With changing nature of applications, customers demand more functions of refrigeration apart from cooling. Customers are becoming more focused on multi-functional refrigerators & freezers, air conditioners and also for automobile industry.

Key features of the study:

  • This report provides an in-depth analysis of the global refrigeration oil market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), 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 about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key 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 include 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 management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics.
  • The global refrigeration oil market report caters to various stakeholders in this industry including investors, suppliers, refrigeration oil manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing 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
  • By Country:
  • U.S.
  • Canada
  • Latin America
  • By Country:
  • Brazil
  • Mexico
  • Rest of Latin America
  • Europe
  • By Country:
  • France
  • Germany
  • Italy
  • Spain
  • U.K.
  • Nordic
  • Benelux
  • Russia
  • Poland
  • Asia Pacific
  • By Country:
  • China
  • India
  • Japan
  • ASEAN
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa
  • By Country:
  • GCC
  • South Africa
  • Rest of Middle East & Africa
  • Company Profiles
  • ExxonMobil Corporation*
  • Company Overview
  • Product Portfolio
  • 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 section


Table of Contents 1. Research Objectives and Assumptions o Research Objectives o Assumptions o Abbreviations 2. Market Purview o Report Description  Market Definition and Scope o Executive Summary  Market Snippet, By Product Type  Market Snippet, By Refrigerant Type  Market Snippet, By End-user  Market Snippet, By Application  Market Snippet, By Region o Coherent Opportunity Map (COM) 3. Market Dynamics, Regulations, and Trends Analysis o Market Dynamics  Drivers  Restraints  PEST Analysis  PORTER’s Five Forces Analysis  Market Opportunities  Regulatory Scenario  Key Developments  Industry Trend 4. Global Refrigeration Oil Market - Impact of Coronavirus (COVID-19) Pandemic o Overview o Factors Affecting Global Refrigeration Oil Market – COVID-19 o Impact Analysis 5. Global Refrigeration Oil Market, By Product Type, 2017-2030 (US$ Billion) o Introduction  Market Share Analysis, 2022, 2025, and 2030 (%)  Y-o-Y Growth Analysis, 2017 - 2030  Segment Trends o Mineral Oil  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Synthetic Oil  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)  Sub-segment Trends o Polyol Ester o Poly Alpha Olefin o Alkyl Benzene o Polyalkylene Glycol o Polyvinyl ether o Others 6. Global Refrigeration Oil Market, By Refrigerant Type, 2017-2030 (US$ Billion) o Introduction  Market Share Analysis, 2022, 2025, and 2030 (%)  Y-o-Y Growth Analysis, 2017 - 2030  Segment Trends o Chlorofluorocarbon (CFC)  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Hydro-chlorofluorocarbon (HCFC)  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Hydro-fluorocarbon (HFC)  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Ammonia  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Others  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) 7. Global Refrigeration Oil Market, By End-user, 2017-2030 (US$ Billion) o Introduction  Market Share Analysis, 2022, 2025, and 2030 (%)  Y-o-Y Growth Analysis, 2017 - 2030  Segment Trends o Industrial  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Commercial  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Residential  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) 8. Global Refrigeration Oil Market, By Application, 2017-2030 (US$ Billion) o Introduction  Market Share Analysis, 2022, 2025, and 2030 (%)  Y-o-Y Growth Analysis, 2017 - 2030  Segment Trends o Air Conditioners  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Coolers  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Chillers  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Refrigerators/Freezers  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Condensers  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) o Others  Introduction  Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion) 9. Global Refrigeration Oil Market, By Region, 2017-2030 (US$ Billion) o Introduction  Market Share Analysis, By Region, 2022, 2025, and 2030 (%)  Y-o-Y Growth Analysis, For Region, 2017 - 2030 o North America  Market Share Analysis, By Country, 2022, 2025 and 2030 (%)  Y-o-Y Growth Analysis, By Country, 2017 – 2030  Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Refrigerant Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By End-user, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)  Countries o U.S. o Canada o Latin America  Market Share Analysis, By Country, 2022, 2025 and 2030 (%)  Y-o-Y Growth Analysis, By Country, 2017 – 2030  Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Refrigerant Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By End-user, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)  Countries o Brazil o Mexico o Argentina o Rest of Latin America o Europe  Market Share Analysis, By Country, 2022, 2025 and 2030 (%)  Y-o-Y Growth Analysis, By Country, 2017 – 2030  Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Refrigerant Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By End-user, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)  Countries o France o Germany o Italy o Spain o U.K. o Nordic o Benelux o Russia o Poland o Rest of Europe o Asia Pacific  Market Share Analysis, By Country, 2022, 2025 and 2030 (%)  Y-o-Y Growth Analysis, By Country, 2017 – 2030  Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Refrigerant Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By End-user, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)  Countries o China o India o Japan o Oceania o ASEAN o Rest of Asia Pacific o Middle East & Africa  Market Share Analysis, By Country, 2022, 2025 and 2030 (%)  Y-o-Y Growth Analysis, By Country, 2017 – 2030  Market Size and Forecast, By Product Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Refrigerant Type, 2017- 2030 (US$ Billion)  Market Size and Forecast, By End-user, 2017- 2030 (US$ Billion)  Market Size and Forecast, By Application, 2017- 2030 (US$ Billion)  Countries o GCC o South Africa o Rest of Middle East & Africa 10. Competitive Landscape o Heat Map Analysis o Market Share Analysis (3x3 Matrix) o Company Profiles  ExxonMobil Corporation o Company Overview o Plroduct Portfolio o Recent Developments/Updates  Royal Dutch Shell Plc o Company Overview o Product Portfolio o Recent Developments/Updates  Idemitsu Kosan Co., Ltd. o Company Overview o Product Portfolio o Recent Developments/Updates  Meiwa Corporation o Company Overview o Product Portfolio o Recent Developments/Updates  CPI Fluid Engineering o Company Overview o Product Portfolio o Recent Developments/Updates  FUCHS Lubricants o Company Overview o Product Portfolio o Recent Developments/Updates  Performance Chemicals o Company Overview o Product Portfolio o Recent Developments/Updates 11. Section o References o Research Methodology o About Us and Sales Contact * Browse 50 market data tables* and 40 figures* on “Global Refrigeration Oil Market” - forecast to 2030.

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