Refrigeration Oil is the one that easily mixes with refrigerant and flows throughout the system while the refrigeration cycle is on. It doesnt freeze at lowest operating temperatures maintained in the specific system. Its freezing temperature is always 5 times lower than that of the system temperature at which its operating. Its compatible with refrigerant properties. Its flash point should be high. its non flammable and its viscosity should be in such a way that it enables in lubrication of all the mechanical components within the compressor.APAC is estimated to be the largest refrigeration oil market in 2018 in terms of both, value and volume. It is also estimated to witness the highest growth during the forecast period. This growth can be attributed to the rise in the manufacturing of consumer appliances and automobiles in the region. Furthermore, the changing lifestyle of consumers and their rising income levels have led to a higher demand for refrigerators, freezers, and air conditioners, which, in turn, drives the refrigeration oil market. The growing demand for perishable food products along with growth in the pharmaceutical industry also drives the demand for refrigerators and freezers, further fueling the growth of the refrigeration oil market in the region.
The global Refrigeration Oil market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019–2025.
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This report focuses on Refrigeration Oil volume and value at global level, regional level and company level. From a global perspective, this report represents overall Refrigeration Oil market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Refrigeration Oil in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Refrigeration Oil manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
- Jxtg Group
- Idemitsu Kosan
- Royal Dutch Shell
- Petroliam Nasional Berhad
- FUCHS Petrolub
- Phillips 66
Segment by Regions
- North America
- Southeast Asia
Segment by Type
- Mineral Oil
- Synthetic Oil
Segment by Application
- Refrigerator & Freezer
- Air Conditioner
- Automotive AC System
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