Refrigerating machine oils are used in air conditioning systems and compressors that use refrigerants such as R717a, R402a, etc and it lubricates all moving parts of the refrigeration compressor, especially the rolling bearings of the compressors.
This report contains market size and forecasts of Refrigerating Machine Oils in global, including the following market information:
Global Refrigerating Machine Oils Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Refrigerating Machine Oils Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Refrigerating Machine Oils companies in 2021 (%)
The global Refrigerating Machine Oils market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mineral Oil Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Refrigerating Machine Oils include Shell Global Solutions International, I.S.E.L., ENEOS, DuPont, Dehon Group, Shrieve Chemicals, PETRONAS, ADDINOL and Mobil Industrial, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Refrigerating Machine Oils manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Refrigerating Machine Oils Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Refrigerating Machine Oils Market Segment Percentages, by Type, 2021 (%)
Mineral Oil
Synthetic Oil
Global Refrigerating Machine Oils Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Refrigerating Machine Oils Market Segment Percentages, by Application, 2021 (%)
Industrial
Commercial
Others
Global Refrigerating Machine Oils Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Refrigerating Machine Oils Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Refrigerating Machine Oils revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Refrigerating Machine Oils revenues share in global market, 2021 (%)
Key companies Refrigerating Machine Oils sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Refrigerating Machine Oils sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Shell Global Solutions International
I.S.E.L.
ENEOS
DuPont
Dehon Group
Shrieve Chemicals
PETRONAS
ADDINOL
Mobil Industrial
CPI Fluid Engineering
Phillip
Idemitsu Kosan
Summit Industrial Products
Sonneborn Refined Products
Danfoss
Chevron
BASF
Behr Hella Service
Klueber Lubrication
FUCHS Lubricants
Japan Sun Oil Company
ZIPA Marine Wholesale
Lubriplate
Dashing Hang
Rikuang Lubricating Oil Technology
Henan Yuzhong Petrochemical
Xiamen Sihuate Technology