The Global Market for Refrigeration Oils, 2024-2030: Increasing Demand for Air Conditioners and Refrigerators Driving Market Growth


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 AttributeDetails
No. of Pages192
Forecast Period2023-2030
Estimated Market Value (USD) in 2023$1.1 Billion
Forecasted Market Value (USD) by 2030$1.4 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal

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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Refrigeration Oils Market

Coordonnées