Global Refrigeration Lubricant Market – Trends, Growth & Forecasts (2018 – 2024)

The report "GLOBAL REFRIGERATION LUBRICANT MARKET," the global refrigeration lubricant market is expected to reach USD 3.8 Billion by the year 2024, at a CAGR of 3.10% during forecast period.
Refrigeration Oils are polyesters and are synthetic oils. Experts highly recommend using these polyolesters instead of the HFC’s (Hydrofluorocarbons). polyolestesrs are very good solvents and dissolve many of the minerals from the oils being replaced. It is used as the additive to the engine oil for the automotive as its viscosity decreases with the temperature. The automotive industry is the key driver for this market across the world. Frozen food product demand has grown over time. Montreal protocol, commencement of new European F-Gases regulation will hinder the growth of this market.

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Key pointers in the report include:
• Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
• Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
• Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
• Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
• A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
• Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
• All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.

Global refrigeration lubricant Market Top Players
• BVA Oil
• Chemtura Corporation
• Chevron U.S.A Inc.
• CITGO Petroleum Corporation
• Exxon Mobil Corporation
• FUCHS
• Idemitsu Kosan Co., Ltd.

Related Reports:
Global Lubricants Market: https://www.envisioninteligence.com/industry-report/lubricant-market/
Global Automotive Lubricant market: https://www.envisioninteligence.com/industry-report/global-automotive-lubricants-market/

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