Press release
Refrigeration Oil Market 2018-2025 With Product Types and Players Study Like Jxtg Group, Exxonmobil, BASF, Idemitsu Kosan, Royal Dutch Shell and Price Study, Compatibility and Forecast
Refrigeration Oil Market
The Global Refrigeration Oil Market is expected to reach USD 1.42 billion by 2025, from USD 1.03 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The report includes market shares of refrigeration oil market for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors/Players: Global Refrigeration Oil Market
Renowned players operating in the global refrigeration oil market consist of Jxtg Group, BASF SE, Idemitsu Kosan Co., Ltd., Exxonmobil Corporation, Royal Dutch Shell Plc, Total S.A., China Petrochemical Corporation (Sinopec Group), Petroliam Nasional Berhad (PETRONAS), FUCHS Petrolub Se, Johnson Controls, The Lubrizol Corporation, BP P.L.C., Chevron Corporation, Behr Hella Service Gmbh, BVA, Inc., Calumet Specialty Products Partners, L.P., CAMCO Lubricants, CITGO Petroleum Corporation, Cosmo Oil Lubricants Co., Ltd., Ente Nazionale Idrocarburi (Eni), Indian Oil Corporation Ltd., Isel, National Refrigerants, Inc., Summit Oil Company, Inc. (Klüber Lubrication Na Lp), Lubriplate Lubricants Company, Lukoil, Petro-Canada Lubricants Inc., Phillips 66 Lubricants, Sun Company, Inc. and many more.
Major Market Drivers and Restraints:
Growing demand for consumer appliances
Demand in food and pharmaceutical sector
Increasing demand for low GWP refrigerants
Stringent regulations
Growing demand for low viscosity and high-quality refrigeration oil
Compatibility issue of refrigeration oil with refrigerants
Research Methodology: Global Refrigeration Oil Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.
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