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Global Refrigeration Oil Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope of Refrigeration Oil
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Refrigeration Oil Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Mineral Oil
    • 1.3.3 Synthetic Oil
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Refrigeration Oil Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Refrigerator & Freezer
    • 1.4.3 Air Conditioner
    • 1.4.4 Automotive AC System
    • 1.4.5 Others
  • 1.5 Global Refrigeration Oil Market Size & Forecast
    • 1.5.1 Global Refrigeration Oil Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Refrigeration Oil Sales Quantity (2019-2030)
    • 1.5.3 Global Refrigeration Oil Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Jxtg Group
    • 2.1.1 Jxtg Group Details
    • 2.1.2 Jxtg Group Major Business
    • 2.1.3 Jxtg Group Refrigeration Oil Product and Services
    • 2.1.4 Jxtg Group Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Jxtg Group Recent Developments/Updates
  • 2.2 BASF
    • 2.2.1 BASF Details
    • 2.2.2 BASF Major Business
    • 2.2.3 BASF Refrigeration Oil Product and Services
    • 2.2.4 BASF Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 BASF Recent Developments/Updates
  • 2.3 Idemitsu Kosan
    • 2.3.1 Idemitsu Kosan Details
    • 2.3.2 Idemitsu Kosan Major Business
    • 2.3.3 Idemitsu Kosan Refrigeration Oil Product and Services
    • 2.3.4 Idemitsu Kosan Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Idemitsu Kosan Recent Developments/Updates
  • 2.4 Exxonmobil
    • 2.4.1 Exxonmobil Details
    • 2.4.2 Exxonmobil Major Business
    • 2.4.3 Exxonmobil Refrigeration Oil Product and Services
    • 2.4.4 Exxonmobil Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Exxonmobil Recent Developments/Updates
  • 2.5 Royal Dutch Shell
    • 2.5.1 Royal Dutch Shell Details
    • 2.5.2 Royal Dutch Shell Major Business
    • 2.5.3 Royal Dutch Shell Refrigeration Oil Product and Services
    • 2.5.4 Royal Dutch Shell Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Royal Dutch Shell Recent Developments/Updates
  • 2.6 Total
    • 2.6.1 Total Details
    • 2.6.2 Total Major Business
    • 2.6.3 Total Refrigeration Oil Product and Services
    • 2.6.4 Total Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Total Recent Developments/Updates
  • 2.7 Sinopec
    • 2.7.1 Sinopec Details
    • 2.7.2 Sinopec Major Business
    • 2.7.3 Sinopec Refrigeration Oil Product and Services
    • 2.7.4 Sinopec Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Sinopec Recent Developments/Updates
  • 2.8 Petroliam Nasional Berhad
    • 2.8.1 Petroliam Nasional Berhad Details
    • 2.8.2 Petroliam Nasional Berhad Major Business
    • 2.8.3 Petroliam Nasional Berhad Refrigeration Oil Product and Services
    • 2.8.4 Petroliam Nasional Berhad Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Petroliam Nasional Berhad Recent Developments/Updates
  • 2.9 FUCHS Petrolub
    • 2.9.1 FUCHS Petrolub Details
    • 2.9.2 FUCHS Petrolub Major Business
    • 2.9.3 FUCHS Petrolub Refrigeration Oil Product and Services
    • 2.9.4 FUCHS Petrolub Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 FUCHS Petrolub Recent Developments/Updates
  • 2.10 Phillips 66
    • 2.10.1 Phillips 66 Details
    • 2.10.2 Phillips 66 Major Business
    • 2.10.3 Phillips 66 Refrigeration Oil Product and Services
    • 2.10.4 Phillips 66 Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Phillips 66 Recent Developments/Updates
  • 2.11 Lubrizol
    • 2.11.1 Lubrizol Details
    • 2.11.2 Lubrizol Major Business
    • 2.11.3 Lubrizol Refrigeration Oil Product and Services
    • 2.11.4 Lubrizol Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Lubrizol Recent Developments/Updates
  • 2.12 BP
    • 2.12.1 BP Details
    • 2.12.2 BP Major Business
    • 2.12.3 BP Refrigeration Oil Product and Services
    • 2.12.4 BP Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 BP Recent Developments/Updates
  • 2.13 Chevron
    • 2.13.1 Chevron Details
    • 2.13.2 Chevron Major Business
    • 2.13.3 Chevron Refrigeration Oil Product and Services
    • 2.13.4 Chevron Refrigeration Oil Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Chevron Recent Developments/Updates

3 Competitive Environment: Refrigeration Oil by Manufacturer

  • 3.1 Global Refrigeration Oil Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Refrigeration Oil Revenue by Manufacturer (2019-2024)
  • 3.3 Global Refrigeration Oil Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Refrigeration Oil by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Refrigeration Oil Manufacturer Market Share in 2023
    • 3.4.2 Top 6 Refrigeration Oil Manufacturer Market Share in 2023
  • 3.5 Refrigeration Oil Market: Overall Company Footprint Analysis
    • 3.5.1 Refrigeration Oil Market: Region Footprint
    • 3.5.2 Refrigeration Oil Market: Company Product Type Footprint
    • 3.5.3 Refrigeration Oil Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Refrigeration Oil Market Size by Region
    • 4.1.1 Global Refrigeration Oil Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Refrigeration Oil Consumption Value by Region (2019-2030)
    • 4.1.3 Global Refrigeration Oil Average Price by Region (2019-2030)
  • 4.2 North America Refrigeration Oil Consumption Value (2019-2030)
  • 4.3 Europe Refrigeration Oil Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Refrigeration Oil Consumption Value (2019-2030)
  • 4.5 South America Refrigeration Oil Consumption Value (2019-2030)
  • 4.6 Middle East and Africa Refrigeration Oil Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 5.2 Global Refrigeration Oil Consumption Value by Type (2019-2030)
  • 5.3 Global Refrigeration Oil Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 6.2 Global Refrigeration Oil Consumption Value by Application (2019-2030)
  • 6.3 Global Refrigeration Oil Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 7.2 North America Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 7.3 North America Refrigeration Oil Market Size by Country
    • 7.3.1 North America Refrigeration Oil Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Refrigeration Oil Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 8.2 Europe Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 8.3 Europe Refrigeration Oil Market Size by Country
    • 8.3.1 Europe Refrigeration Oil Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Refrigeration Oil Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Refrigeration Oil Market Size by Region
    • 9.3.1 Asia-Pacific Refrigeration Oil Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Refrigeration Oil Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 10.2 South America Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 10.3 South America Refrigeration Oil Market Size by Country
    • 10.3.1 South America Refrigeration Oil Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Refrigeration Oil Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Refrigeration Oil Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Refrigeration Oil Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Refrigeration Oil Market Size by Country
    • 11.3.1 Middle East & Africa Refrigeration Oil Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Refrigeration Oil Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Refrigeration Oil Market Drivers
  • 12.2 Refrigeration Oil Market Restraints
  • 12.3 Refrigeration Oil Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Refrigeration Oil and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Refrigeration Oil
  • 13.3 Refrigeration Oil Production Process
  • 13.4 Refrigeration Oil Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Refrigeration Oil Typical Distributors
  • 14.3 Refrigeration Oil Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Refrigeration Oil market size was valued at USD 945.6 million in 2023 and is forecast to a readjusted size of USD 1130.5 million by 2030 with a CAGR of 2.6% during review period.
    Refrigeration oil is the one that easily mixes with refrigerant and flows throughout the system while the refrigeration cycle is on. It doesn’t freeze at lowest operating temperatures maintained in the specific system. It’s freezing temperature is always 5 times lower than that of the system temperature at which it’s operating. It’s compatible with refrigerant properties. It’s flash point should be high. it’s non flammable and its viscosity should be in such a way that it enables in lubrication of all the mechanical components within the compressor.
    APAC is estimated to be the largest refrigeration oil market in 2018 in terms of both, value and volume. It is also estimated to witness the highest growth during the forecast period. This growth can be attributed to the rise in the manufacturing of consumer appliances and automobiles in the region. Furthermore, the changing lifestyle of consumers and their rising income levels have led to a higher demand for refrigerators, freezers, and air conditioners, which, in turn, drives the refrigeration oil market. The growing demand for perishable food products along with growth in the pharmaceutical industry also drives the demand for refrigerators and freezers, further fueling the growth of the refrigeration oil market in the region.
    The Global Info Research report includes an overview of the development of the Refrigeration Oil industry chain, the market status of Refrigerator & Freezer (Mineral Oil, Synthetic Oil), Air Conditioner (Mineral Oil, Synthetic Oil), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Refrigeration Oil.
    Regionally, the report analyzes the Refrigeration Oil markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Refrigeration Oil market, with robust domestic demand, supportive policies, and a strong manufacturing base.
    Key Features:
    The report presents comprehensive understanding of the Refrigeration Oil market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Refrigeration Oil industry.
    The report involves analyzing the market at a macro level:
    Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Mineral Oil, Synthetic Oil).
    Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Refrigeration Oil market.
    Regional Analysis: The report involves examining the Refrigeration Oil market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
    Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Refrigeration Oil market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
    The report also involves a more granular approach to Refrigeration Oil:
    Company Analysis: Report covers individual Refrigeration Oil manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
    Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Refrigeration Oil This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Refrigerator & Freezer, Air Conditioner).
    Technology Analysis: Report covers specific technologies relevant to Refrigeration Oil. It assesses the current state, advancements, and potential future developments in Refrigeration Oil areas.
    Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Refrigeration Oil market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
    Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
    Market Segmentation
    Refrigeration Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
    Market segment by Type
    Mineral Oil
    Synthetic Oil
    Market segment by Application
    Refrigerator & Freezer
    Air Conditioner
    Automotive AC System
    Others
    Major players covered
    Jxtg Group
    BASF
    Idemitsu Kosan
    Exxonmobil
    Royal Dutch Shell
    Total
    Sinopec
    Petroliam Nasional Berhad
    FUCHS Petrolub
    Phillips 66
    Lubrizol
    BP
    Chevron
    Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Refrigeration Oil product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Refrigeration Oil, with price, sales, revenue and global market share of Refrigeration Oil from 2019 to 2024.
    Chapter 3, the Refrigeration Oil competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Refrigeration Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Refrigeration Oil market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Refrigeration Oil.
    Chapter 14 and 15, to describe Refrigeration Oil sales channel, distributors, customers, research findings and conclusion.

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