Hyderabad, India, March 20, 2017 (GLOBE NEWSWIRE) -- The report “Refrigerant Oil Market: By Oil Type (Mineral Oil, AB, PAO, PAG and POE), By Refrigerant Type (CFC, HCFC, HFC and Others), By End-User Industry (Automobiles, Household, Commercial and Industrial) and By Geography - Forecast (2017-2022)”, published by IndustryARC, estimates that major developments in technology and changes in lifestyle, will be key growth drivers for this market, mostly in developing APAC countries.
Browse 51 Market Tables, 9 Figures spread through 120 Pages and an in-depth TOC on “Refrigerant Oil Market 2017 - 2022”.
http://industryarc.com/Report/235/global-refrigiration-oil-market-research-report.html
Scope & Regional Forecast of the Refrigerant Oil Market:
The need for refrigeration arises right from the households to big industries. It has a large influence on industry, lifestyle, agriculture and settlement patterns. Refrigeration is the process of cooling a substance or an area below the temperature of the surroundings. The refrigerants follow a cycle which includes: vapor-compression, absorption, steam ejection and air. Mechanical refrigeration uses the evaporation of a liquid refrigerant to absorb heat. Along with refrigerants, ascends the need for refrigerant oils. Oil is applied in the refrigeration system to lubricate compressor bearings and other moving parts.
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The global refrigerant oil market is set to experience a substantial growth owing to the strong demand from refrigerants in refrigerators and air conditioners worldwide. Moreover, the market for refrigerant oils remains a highly dynamic market driven primarily by the consumer electronics based refrigerants and air conditioners. APAC region is the major shareholder with more than 35% share in the global refrigerant oil market, due to the presence of numerous refrigerants and refrigerant oil providers and end user sectors.
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Prominent Segmentations Involved in the Refrigerant Oil Market:
The Refrigerant Oil Market can be broken down into various segmentations on the basis of:
- Oil Type: Mineral Oils, Synthetic Oils [Alkyl Benzene Oils (AB)], Poly Alpha Olefins (PAO), Poly Alkylene Glycols (PAG), Polyol Ester Oils (POE).
- Refrigerant Type: Chlorofluorocarbon (CFC), Hydro-chlorofluorocarbon (HCFC), Hydro-fluorocarbon (HFC) and Others.
- End-User: Automobiles, Households, Commercial, Industrial .
- Geographic Regions: Americas, Europe, Asia Pacific and RoW..
Some of the sample companies profiled in the Refrigerant Oil Market report are as follows:
- China Petroleum & Chemical Corp.
- CITGO Petroleum Corporation
- Cofely Axima SA
- Condat SA
- CPI Engineering Services, Inc.
- Daikin Industries Ltd.
- Danfoss A/S
- Dolphin Lubricants & Specialities Pvt. Ltd.
- Dunham-Bush, Inc.
- EC Lubes
- EI du Pont de Nemours & Co.
- Emerson Electric Co.
- National Refrigerants, Inc.
- NOF Corp.
- Paras Lubricants Ltd.
- Petronas Lubricants Belgium NV
- Quaker Chemical Corporation
Why buy this report?
- Get a detailed picture of the Refrigerant Oil Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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