세계의 냉동기유 시장 규모 조사 : 용도별, 유형별, 지역별 예측(2022-2032년)

Global Refrigeration Oil Market is valued at approximately USD 1210 million in 2023 and is anticipated to grow with a healthy growth rate of more than 5.53% over the forecast period 2024-2032. Refrigeration oil is a specific lubricant that is necessary for the compressors in air conditioning and refrigeration systems to run smoothly. It guarantees adequate lubrication, lowers friction, and keeps stability at different temperatures. It stops chemical reactions and moisture absorption that might harm the system and is compatible with some refrigerants. For older refrigerants, there are mineral oils, while for more contemporary uses, there are synthetic oils including POE, PAG, AB, and PVE. . The rise in shift towards eco-friendly refrigerants is a key trend that is supporting the growth of the Global Refrigeration Oil Market at a substantial rate. There is a significant trend towards using environment friendly refrigerants such as HFCs (hydrofluorocarbons), HFOs (hydrofluoroolefins), and natural refrigerants such as CO2 and ammonia. This shift is driving the demand for refrigeration oils compatible with these new refrigerants.

The increasing demand for innovative electronics like refrigerators, air conditioners, and automotive AC systems is attributing to the demand of the refrigeration oil across the globe. This surge in electronics fuels technological advancements and product innovation, thereby boosting the requirement for refrigeration oil. Additionally, the soaring demand for frozen food, particularly in countries such as China and the U.S., is fueling the necessity for efficient refrigeration systems and oils. This scenario creates an opportunity for manufacturers and suppliers in the market. Along with this, rapid urbanization, coupled with rising disposable incomes, are driving the demand for household appliances like refrigerators and air conditioners, thus fueling the demand for refrigeration oil. Moreover, the rise in advancements in compressor technology and the development of eco-friendly refrigerants have led to the creation of new and improved refrigeration systems, driving the need for compatible refrigeration oils. However, stringent regulations to limit use of fluorocarbon refrigerants, along with the environmental factors associated with the use of a refrigeration system is expected to stifle market growth during the forecast period of 2024-2032.

The key regions considered for the global Refrigeration Oil Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue. Whereas, the market in Asia Pacific is expected to grow at the fastest rate over the forecast period owing to the rapid growth of the automotive industry in the region. Also, the growing emphasis on comfort and convenience has significantly boosted product demand. Consequently, air conditioning systems have become standard in vehicles, necessitating the use of high-quality refrigeration oil for optimal efficiency. According to the International Organization of Motor Vehicle Manufacturers (OICA), India's automotive production surged by 24% in 2022, reaching 5,458,857 vehicles, an increase from 4,399,112 vehicles in 2021.

Major market player included in this report are:

• INEOS Group Limited
• Idemitsu Kosan Co., Ltd.
• Exxon Mobil Corporation
• Shell plc
• TotalEnergies SE
• China Petroleum & Chemical Corporation -
• FUCHS Petrolub SE
• PETRONAS Lubricants International Sdn Bhd
• Johnson Controls International plc
• BASF SE

The detailed segments and sub-segment of the market are explained below:

By Type

• Synthetic oil
• Mineral oil

By Application

• Refrigerators & Freezers
• Air Conditioner
• Automotive AC System
• Aftermarket

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:

• Historical year - 2022
• Base year - 2023
• Forecast period - 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market

Table of Contents

Chapter 1. Global Refrigeration Oil Market Definition and Research Assumptions

• 1.1. Research Objective
• 1.2. Market Definition
• 1.3. Research Assumptions
  • 1.3.1. Inclusion & Exclusion
  • 1.3.2. Limitations
  • 1.3.3. Supply Side Analysis
    • 1.3.3.1. Availability
    • 1.3.3.2. Infrastructure
    • 1.3.3.3. Regulatory Environment
    • 1.3.3.4. Market Competition
    • 1.3.3.5. Economic Viability (Consumer's Perspective)
  • 1.3.4. Demand Side Analysis
    • 1.3.4.1. Regulatory frameworks
    • 1.3.4.2. Technological Advancements
    • 1.3.4.3. Environmental Considerations
    • 1.3.4.4. Consumer Awareness & Acceptance
• 1.4. Estimation Methodology
• 1.5. Years Considered for the Study
• 1.6. Currency Conversion Rates

Chapter 2. Executive Summary

• 2.1. Global Refrigeration Oil Market Size & Forecast (2022- 2032)
• 2.2. Regional Summary
• 2.3. Segmental Summary
  • 2.3.1. By Type
  • 2.3.2. By Application
• 2.4. Key Trends
• 2.5. Recession Impact
• 2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Refrigeration Oil Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Challenges
• 3.3. Market Opportunities

Chapter 4. Global Refrigeration Oil Market: Industry Analysis

• 4.1. Porter's 5 Force Model
  • 4.1.1. Bargaining Power of Suppliers
  • 4.1.2. Bargaining Power of Buyers
  • 4.1.3. Threat of New Entrants
  • 4.1.4. Threat of Substitutes
  • 4.1.5. Competitive Rivalry
  • 4.1.6. Futuristic Approach to Porter's 5 Force Model
  • 4.1.7. Porter's 5 Force Impact Analysis
• 4.2. PESTEL Analysis
  • 4.2.1. Political
  • 4.2.2. Economic
  • 4.2.3. Social
  • 4.2.4. Technological
  • 4.2.5. Environmental
  • 4.2.6. Legal
• 4.3. Top investment opportunity
• 4.4. Top winning strategies
• 4.5. Disruptive Trends
• 4.6. Industry Expert Perspective
• 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Refrigeration Oil Market Size & Forecasts by Type 2022-2032

• 5.1. Synthetic oil
• 5.2. Mineral oil

Chapter 6. Global Refrigeration Oil Market Size & Forecasts by Application 2022-2032

• 6.1. Refrigerators & Freezers
• 6.2. Air Conditioner
• 6.3. Automotive AC System
• 6.4. Aftermarket

Chapter 7. Global Refrigeration Oil Market Size & Forecasts by Region 2022-2032

• 7.1. North America Refrigeration Oil Market
  • 7.1.1. U.S. Refrigeration Oil Market
    • 7.1.1.1. Type breakdown size & forecasts, 2022-2032
    • 7.1.1.2. Application breakdown size & forecasts, 2022-2032
  • 7.1.2. Canada Refrigeration Oil Market
• 7.2. Europe Refrigeration Oil Market
  • 7.2.1. U.K. Refrigeration Oil Market
  • 7.2.2. Germany Refrigeration Oil Market
  • 7.2.3. France Refrigeration Oil Market
  • 7.2.4. Spain Refrigeration Oil Market
  • 7.2.5. Italy Refrigeration Oil Market
  • 7.2.6. Rest of Europe Refrigeration Oil Market
• 7.3. Asia-Pacific Refrigeration Oil Market
  • 7.3.1. China Refrigeration Oil Market
  • 7.3.2. India Refrigeration Oil Market
  • 7.3.3. Japan Refrigeration Oil Market
  • 7.3.4. Australia Refrigeration Oil Market
  • 7.3.5. South Korea Refrigeration Oil Market
  • 7.3.6. Rest of Asia Pacific Refrigeration Oil Market
• 7.4. Latin America Refrigeration Oil Market
  • 7.4.1. Brazil Refrigeration Oil Market
  • 7.4.2. Mexico Refrigeration Oil Market
  • 7.4.3. Rest of Latin America Refrigeration Oil Market
• 7.5. Middle East & Africa Refrigeration Oil Market
  • 7.5.1. Saudi Arabia Refrigeration Oil Market
  • 7.5.2. South Africa Refrigeration Oil Market
  • 7.5.3. Rest of Middle East & Africa Refrigeration Oil Market

Chapter 8. Competitive Intelligence

• 8.1. Key Company SWOT Analysis
• 8.2. Top Market Strategies
• 8.3. Company Profiles
  • 8.3.1. INEOS Group Limited
    • 8.3.1.1. Key Information
    • 8.3.1.2. Overview
    • 8.3.1.3. Financial (Subject to Data Availability)
    • 8.3.1.4. Product Summary
    • 8.3.1.5. Market Strategies
  • 8.3.2. Idemitsu Kosan Co., Ltd.
  • 8.3.3. Exxon Mobil Corporation
  • 8.3.4. Shell plc
  • 8.3.5. TotalEnergies SE
  • 8.3.6. China Petroleum & Chemical Corporation -
  • 8.3.7. FUCHS Petrolub SE
  • 8.3.8. PETRONAS Lubricants International Sdn Bhd
  • 8.3.9. Johnson Controls International plc
  • 8.3.10. BASF SE

Chapter 9. Research Process

• 9.1. Research Process
  • 9.1.1. Data Mining
  • 9.1.2. Analysis
  • 9.1.3. Market Estimation
  • 9.1.4. Validation
  • 9.1.5. Publishing
• 9.2. Research Attributes