Dublin, July 22, 2024 (GLOBE NEWSWIRE) -- The "Refrigeration Oils - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Refrigeration Oils is estimated at US$1.1 Billion in 2023 and is projected to reach US$1.4 Billion by 2030, growing at a CAGR of 3.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Synthetic Refrigeration Oils segment, which is expected to reach US$944.2 Million by 2030 with a CAGR of 4.1%. The Mineral Refrigeration Oils segment is also set to grow at 3% CAGR over the next 7 years.
- Regional Analysis: Gain insights into the U.S. market, estimated at $299.3 Million in 2023, and China, forecasted to grow at an impressive 6.3% CAGR to reach $292.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Refrigeration Oils Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Refrigeration Oils Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Refrigeration Oils Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as BASF SE, Behr Hella Service GmbH, BP PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 38 Featured):
- BASF SE
- Behr Hella Service GmbH
- BP PLC
- Bva, Inc.
- Calumet Specialty Products Partners L.P.
- Camco Lubricants
- Chevron Corporation
- China Petrochemical Corporation (Sinopec Group)
- CITGO Petroleum Corporation
- Cosmo Oil Lubricants Co. Ltd.
- ExxonMobil Corporation
- Fuchs Petrolub SE
- Indian Oil Corporation Ltd.
- Isel Germany AG
- Lubriplate Lubricants Company
- LUKOIL Lubricants Company
- National Refrigerants, Inc.
- Petro-Canada Lubricants, Inc.
- Petroliam Nasional Berhad (PETRONAS)
- Phillips 66 Lubricants
- Royal Dutch Shell PLC
- Sun Company
- The Lubrizol Corporation
- Total SA
MarketGlass Platform
Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $1.1 Billion |
| Forecasted Market Value (USD) by 2030 | $1.4 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- A Prelude into Refrigeration Oil Market
- Refrigeration Oil - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Demand for Air Conditioners and Refrigerators to Bode Well for Refrigeration Oil Market
- Refrigeration Oil Market: Percentage Breakdown of Market Share by Application Type
- APAC Region Registered a Dominant Share in the Refrigerator Oil Market
- Refrigeration Oil Market: Percentage Breakdown of Market Share by Region
- Expanding Applications in Myriad End-Use Industries to Spur Growth
- Increase in Demand for Low GWP Refrigerants to Drive Market Growth
- Growing Demand from Food and Pharmaceutical Industries Bodes Well for Market Expansion
- Launch of Natural Refrigerants for Application in Industrial Segment to Drive Refrigerant Oil Market Growth
- Synthetic Oil Segment Type to Register Higher Market Share during the Analysis Period
- Market Restraints
- Stringent Regulation to Restrict Market Growth
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ikhbph
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