Refrigeration Oil Market Size, Share, Opportunities, And Trends By Type (Mineral Oil, Synthetic Oil, PAG, POE, Others), By Application (Air Conditioner, Refrigerator and Freezer, Automotive AC system), And By Geography - Forecasts From 2025 To 2030

 

Refrigeration Oil Market Size:

The Refrigeration Oil Market is expected to grow from US$1.662 billion in 2025 to US$2.088 billion in 2030, at a CAGR of 4.67%.

Refrigeration Oil Market Trends:

Rising demand for consumer appliances such as air conditioners and refrigerators due to increasing purchasing power and urbanization is one of the major drivers of the refrigeration oil market. Increasing global cold supply chain demand on account of growing global food and beverage and pharmaceutical industries is also positively impacting the growth of the refrigeration oil market. Rising demand for high-quality and low-viscosity refrigeration oil will further continue to propel the growth of the refrigeration oil market. However, stringent regulations regarding the limited use of fluorocarbon refrigerants are hindering the growth of the refrigeration oil market. Geographically, the refrigeration oil market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

The Asia Pacific region is expected to witness the fastest regional refrigeration oil market growth during the projected period owing to increasing demand for processed food and beverage items in countries like China, India, and Australia. Moreover, the rising geriatric population in this region is also spurring the growth of the pharmaceuticals industry which, in turn, will augment the demand for refrigeration oils during the forecast period.

Refrigeration Oil Market Drivers:

• Increasing global cold supply chain demand
• Rising demand for high-quality refrigeration oil

Refrigeration Oil Market Restraint:

• Stringent regulations

The major players profiled in the Refrigeration Oil market include BASF SE, Shell Global, Total Lubmarine, Chevron, FUCHS, Sinopec Group, Exxon Mobil Corporation, Idemitsu Kosan Co., Ltd, The Lubrizol Corporation, and CAMCO Lubricants among others.

Segmentation

The refrigeration oil market has been analyzed through the following segments:

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1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. REFRIGERATION OIL MARKET BY TYPE
5.1. Mineral Oil
5.2. Synthetic Oil
5.2.1. PAG
5.2.2. POE
5.2.3. Others
6. REFRIGERATION OIL MARKET BY APPLICATION
6.1. Air Conditioner
6.2. Refrigerator and Freezer
6.3. Automotive AC system
7. REFRIGERATION OIL MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Spain
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. Israel
7.4.3. Others
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. Australia
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Master Meters
9.2. BASF SE
9.3. Shell Global
9.4. Total Lubmarine
9.5. Chevron
9.6. FUCHS
9.7. Sinopec Group
9.8. Exxon Mobil Corporation
9.9. Idemitsu Kosan Co., Ltd
9.10. The Lubrizol Corporation
9.11. CAMCO Lubricants.
LIST OF FIGURES
LIST OF TABLES

Master Meters
BASF SE
Shell Global
Total Lubmarine
Chevron
FUCHS
Sinopec Group
Exxon Mobil Corporation
Idemitsu Kosan Co., Ltd
The Lubrizol Corporation
CAMCO Lubricants