The global refrigerant lubricant market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for air conditioners and refrigerators/freezers in emerging economies such as India and China. The demand for air conditioners is expected to increase due to the rising population in these countries, which will lead to an increased need for cooling systems. In addition, the increasing number of households with refrigerators/freezers will also drive up demand for refrigerant lubricants.
The global market is segmented by type into mineral oil and synthetic oil; by application into air conditioners, coolers, chillers, refrigerators/freezers and condensers; and by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA). Mineral oil dominated the global market in 2017 with a share of over 60%. Synthetic oils are expected to grow at a CAGR of 5% during the forecast period owing to their low viscosity index that helps them flow easily through small orifices found in modern compressors.
Some Of The Growth Factors Of This Market:
- Increasing demand for refrigerant lubricants in the global market.
- Growing demand for refrigerant lubricants in the Asia-Pacific region.
- Increasing use of refrigerant lubricants in various industries such as automotive, construction, and food processing.
- Rising awareness about the benefits of using refrigerant lubricants.
- Increase in number of companies manufacturing and supplying refrigerant lubricants.
Industry Growth Insights published a new data on “Refrigerant Lubricant Market”. The research report is titled “Refrigerant Lubricant Market research by Types (Mineral Oil, Synthetic Oil, Others), By Applications (Air Conditioners, Coolers, Chillers, Refrigerators/Freezers, Condensers, Others), By Players/Companies ExxonMobil, Royal Dutch Shell, Chevron Phillips, MEIWA, Lubrizol, FUCHS Lubricants, BASF, Idemitsu Kosan”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerant Lubricant Market Research Report
By Type
Mineral Oil, Synthetic Oil, Others
By Application
Air Conditioners, Coolers, Chillers, Refrigerators/Freezers, Condensers, Others
By Companies
ExxonMobil, Royal Dutch Shell, Chevron Phillips, MEIWA, Lubrizol, FUCHS Lubricants, BASF, Idemitsu Kosan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerant Lubricant Market Report Segments:
The global Refrigerant Lubricant market is segmented on the basis of:
Types
Mineral Oil, Synthetic Oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Air Conditioners, Coolers, Chillers, Refrigerators/Freezers, Condensers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ExxonMobil
- Royal Dutch Shell
- Chevron Phillips
- MEIWA
- Lubrizol
- FUCHS Lubricants
- BASF
- Idemitsu Kosan
Highlights of The Refrigerant Lubricant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mineral Oil
- Synthetic Oil
- Others
- By Application:
- Air Conditioners
- Coolers
- Chillers
- Refrigerators/Freezers
- Condensers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Refrigerant Lubricant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Refrigerant lubricant is a type of oil that is used to reduce friction and wear in refrigeration systems. It helps to keep the system running smoothly and prevents damage to the compressor, condenser, or other components.
Some of the major players in the refrigerant lubricant market are ExxonMobil, Royal Dutch Shell, Chevron Phillips, MEIWA, Lubrizol, FUCHS Lubricants, BASF, Idemitsu Kosan.
The refrigerant lubricant market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Refrigerant Lubricant Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Refrigerant Lubricant Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Refrigerant Lubricant Market - Supply Chain
4.5. Global Refrigerant Lubricant Market Forecast
4.5.1. Refrigerant Lubricant Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Refrigerant Lubricant Market Size (000 Units) and Y-o-Y Growth
4.5.3. Refrigerant Lubricant Market Absolute $ Opportunity
5. Global Refrigerant Lubricant Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Refrigerant Lubricant Market Size and Volume Forecast by Type
5.3.1. Mineral Oil
5.3.2. Synthetic Oil
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Refrigerant Lubricant Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Refrigerant Lubricant Market Size and Volume Forecast by Application
6.3.1. Air Conditioners
6.3.2. Coolers
6.3.3. Chillers
6.3.4. Refrigerators/Freezers
6.3.5. Condensers
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Refrigerant Lubricant Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Refrigerant Lubricant Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Refrigerant Lubricant Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Refrigerant Lubricant Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Refrigerant Lubricant Demand Share Forecast, 2019-2026
9. North America Refrigerant Lubricant Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Refrigerant Lubricant Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Refrigerant Lubricant Market Size and Volume Forecast by Application
9.4.1. Air Conditioners
9.4.2. Coolers
9.4.3. Chillers
9.4.4. Refrigerators/Freezers
9.4.5. Condensers
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Refrigerant Lubricant Market Size and Volume Forecast by Type
9.7.1. Mineral Oil
9.7.2. Synthetic Oil
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Refrigerant Lubricant Demand Share Forecast, 2019-2026
10. Latin America Refrigerant Lubricant Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Refrigerant Lubricant Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Refrigerant Lubricant Market Size and Volume Forecast by Application
10.4.1. Air Conditioners
10.4.2. Coolers
10.4.3. Chillers
10.4.4. Refrigerators/Freezers
10.4.5. Condensers
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Refrigerant Lubricant Market Size and Volume Forecast by Type
10.7.1. Mineral Oil
10.7.2. Synthetic Oil
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Refrigerant Lubricant Demand Share Forecast, 2019-2026
11. Europe Refrigerant Lubricant Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Refrigerant Lubricant Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Refrigerant Lubricant Market Size and Volume Forecast by Application
11.4.1. Air Conditioners
11.4.2. Coolers
11.4.3. Chillers
11.4.4. Refrigerators/Freezers
11.4.5. Condensers
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Refrigerant Lubricant Market Size and Volume Forecast by Type
11.7.1. Mineral Oil
11.7.2. Synthetic Oil
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Refrigerant Lubricant Demand Share, 2019-2026
12. Asia Pacific Refrigerant Lubricant Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Refrigerant Lubricant Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Refrigerant Lubricant Market Size and Volume Forecast by Application
12.4.1. Air Conditioners
12.4.2. Coolers
12.4.3. Chillers
12.4.4. Refrigerators/Freezers
12.4.5. Condensers
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Refrigerant Lubricant Market Size and Volume Forecast by Type
12.7.1. Mineral Oil
12.7.2. Synthetic Oil
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Refrigerant Lubricant Demand Share, 2019-2026
13. Middle East & Africa Refrigerant Lubricant Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Refrigerant Lubricant Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Refrigerant Lubricant Market Size and Volume Forecast by Application
13.4.1. Air Conditioners
13.4.2. Coolers
13.4.3. Chillers
13.4.4. Refrigerators/Freezers
13.4.5. Condensers
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Refrigerant Lubricant Market Size and Volume Forecast by Type
13.7.1. Mineral Oil
13.7.2. Synthetic Oil
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Refrigerant Lubricant Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Refrigerant Lubricant Market: Market Share Analysis
14.2. Refrigerant Lubricant Distributors and Customers
14.3. Refrigerant Lubricant Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExxonMobil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Royal Dutch Shell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chevron Phillips
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MEIWA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Lubrizol
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FUCHS Lubricants
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Idemitsu Kosan
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
