Refrigerant Oil Market By Materials, By Product, By Preparation Method, By Application and By Geography Analysis - Forecast 2019 - 2024 www.industryarc.com
Refrigerant Oil Market 2019-2024
sales@industryarc.com
01
Industry Market Research for Business Leaders, Strategists, Decision Makers
Press Release The changing lifestyles of people and an incremented growth in the refrigeration industry with increasing sales of refrigerators and air conditioners, there is a continuous requirement of refrigerant oil which is a high-temperature formulation used in cooling systems with heat transfer operations. The augmented demand for refrigeration is leading to a demand influx in the refrigerant oil market that will have an impressive market size of $13.59 billion in 2023 as the demand for the product is estimated to grow with a compound annual growth rate (CAGR) of 4.9% during the forecast period of 2018 to 2023, according to IndustryARC’s market analyst. The market insights are well-documented in a recent business intelligence report by IndustryARC that contains information pertaining to the growth drivers and challenges in the refrigerant oil market along with the estimations for the most lucrative leading segments. The report is titled, “Refrigerant Oil Market: By Type of Oil (Polyolester Oil (POE), Polyalkylene Glycol (PAG), Polyalphaolefin (PAO) and others); By Refrigerant Type (CFC, HFC, HCFC, Others); By End-user (Automobile, Commercial, others) & By Geography – Forecast (2018-2023).” Refrigeration Oil Market: Leading Segments According to the geographical analysis by the market analyst, APAC had the maximum refrigerant oil market share of 50% in 2016, and the market share is projected to see an increment through to 2023. This is attributable to the growing urbanization in the countries such as China, India, Japan, and Indonesia which is leading to a definite demand growth for refrigerators and air conditioners. The demand is making OEMs produce more refrigerators and ACs that require refrigerant oil for heat transfer. The refrigerant oil is segmented on the basis of type that include CFC, HFC, ammonia, and others. The most prevalently used refrigerant oil is ammonia owing to its properties that enables the compound to absorb a lot of heat without changing the temperature. Additionally, it is the most energyefficient refrigerant oil. The application of ammonia as a refrigerant oil had observed an impressive market revenue of 2.96 billion in 2018. Furthermore, according to the findings by the analyst, the key application of refrigerant oils is in automobiles. Refrigerant Oil Market: Market Trends and Growth Drivers Need for Refrigeration for Food Storage – The food and beverages industry has taken a leap into the frozen food sector, and it’s quite evident in the increasing cold storage requirement in order to ameliorate food losses. Moreover, the incremented sales in the frozen desserts market are largely supporting the refrigeration industry leading to a demand for refrigerant oil. The various distribution channels such as supermarket, grocery store, and convenience store utilize refrigeration which is further flourishing the refrigerant oil market. The Rise in Domestic Refrigeration – The domestic refrigeration segment has been observing a constant rise in various parts of the world such as North America, the Middle East, Latin America, and some APAC countries such as China and India. This is because of the demand generated in the middle-class strata of society. The need for improved food quality and variety from bourgeois has led to amplified demand for refrigerators in
Refrigerant Oil Market
02
various distribution segments. Moreover, the rise in disposable income has created a favorable pricing environment for refrigerators and air conditioners across the globe. This is leading to a rise in revenues generated in the refrigerant oil market. The Environmental Regulations Disrupting the Market – Refrigerant oils are found to have a negative impact on the environment as they contribute to global warming and ozone layer depletion. Subsequently, governments worldwide have enforced regulations on the usage of refrigerant oil in order to reduce emission of greenhouse gases. Even though this is reducing the opportunities in the existing segments, the refrigerant oil market is envisioning new horizons in the environment-friendly refrigerants such as refined mineral oil that is not detrimental to the environment. The rise in demand for natural refrigerants is poised to create opportunities for the vendors that produce refrigerant oils that are compatible with natural refrigerants. The Application in the Healthcare Sector Gaining Grounds – Chillers and air-handling units also find applications in the healthcare sector for cooling and air distribution equipment. The use of split systems for heating and cooling in hospitals and clinics is giving rise to a demand for refrigerant oil. Furthermore, education and governmental institutions are also prominent refrigerant oil marketplaces, according to the marketplace analysis by IndustryARC’s analyst. Refrigerant Oil Market: Competitive Landscape Some of the key companies identified in the market intelligence report that are currently holding majority shares in the refrigerant oil market are The Lubrizol Corporation, BASF SE, Idemitsu Kosan Company Ltd., Chemtura Corporation, The Dow Chemicals Co., and Fuch Lubricants. Talk to one of our sales representative about the full report by providing your details in the link below: https://industryarc.com/support.php?id=235 Related Reports: a)Refrigerant Market https://industryarc.com/Report/11662/refrigerant-market-analysis.html b)Refrigeration Lubricants Market https://industryarc.com/Research/Refrigeration-Lubricants-Market-Research-502904 About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today. Contact Us: Mr. Venkateshwar Reddy
Refrigerant Oil Market
03
Business Development Manager Email: sales@industryarc.com Contact Sales: 1-614-588-8538 (Ext-101) Connect with us on LinkedIn - https://www.linkedin.com/company/industryarc
Refrigerant Oil Market
04
Industry Market Research for Business Leaders, Strategists, Decision Makers
Table of Contents 1. Refrigerant Oil Market - Overview 1.1. Definitions and Scope 2. Refrigerant Oil Market - Executive summary 2.1. Market Revenue, Market Size and Key Trends by Company 2.2. Key Trends by type of Application 2.3. Key Trends segmented by Geography 3. Refrigerant Oil Market 3.1. Comparative analysis 3.1.1. Product Benchmarking - Top 10 companies 3.1.2. Top 5 Financials Analysis 3.1.3. Market Value split by Top 10 companies 3.1.4. Patent Analysis - Top 10 companies 3.1.5. Pricing Analysis 4. Refrigerant Oil Market – Startup companies Scenario 4.1. Top 10 startup company Analysis by 4.1.1. Investment 4.1.2. Revenue 4.1.3. Market Shares 4.1.4. Market Size and Application Analysis 4.1.5. Venture Capital and Funding Scenario 5. Refrigerant Oil Market – Industry Market Entry Scenario 5.1. Regulatory Framework Overview 5.2. New Business and Ease of Doing business index 5.3. Case studies of successful ventures 5.4. Customer Analysis – Top 10 companies 6. Refrigerant Oil Market Forces 6.1. Drivers 6.2. Constraints 6.3. Challenges 6.4. Porters five force model 6.4.1. Bargaining power of suppliers 6.4.2. Bargaining powers of customers 6.4.3. Threat of new entrants 6.4.4. Rivalry among existing players 6.4.5. Threat of substitutes 7. Refrigerant Oil Market -Strategic analysis 7.1. Value chain analysis 7.2. Opportunities analysis 7.3. Product life cycle 7.4. Suppliers and distributors Market Share 8. Refrigerant Oil Market – By Type of Oils (Market Size -$Million / $Billion) 8.1. Market Size and Market Share Analysis 8.2. Application Revenue and Trend Research 8.3. Product Segment Analysis 8.3.1. Polyolester oil (POE) 8.3.2. Polyalkylene glycol (PAG) 8.3.3. Polyalphaolefin (PAO) 8.3.4. Polyvinyl Ether Oil (PVE) 8.3.5. Mineral Oil
Refrigerant Oil Market
05
8.3.6. Alkyl Benzene Oil 8.3.7. Others 9. Refrigerant Oil Market – By Refrigerant Type (Market Size -$Million / $Billion) 9.1. Chlorofluorocarbon (CFC) 9.2. Hydro-chlorofluorocarbon (HCFC) 9.3. Hydrofluoro Carbon (HFC) 9.4. Ammonia 9.5. HFO 9.6. Butane and Iso Butane 9.9. Propane 9.8. Others 10. Refrigerant Oil Market – By Applications (Market Size -$Million / $Billion) 10.1. Coolers 10.2. Air conditioners 10.3. Chillers 10.4. Condensers 10.5. Refrigerators 10.6. Others 11. Refrigerant Oil – By End Use Industry(Market Size -$Million / $Billion) 11.1. Segment type Size and Market Share Analysis 11.2. Application Revenue and Trends by type of Application 11.3. Application Segment Analysis by Type 11.3.1. Automobiles 11.3.2. Households 11.3.3. Commercial 11.3.4. Industrial 12. Refrigerant Oil - By Geography (Market Size -$Million / $Billion) 12.1. Refrigerant Oil Market - North America Segment Research 12.2. North America Market Research (Million / $Billion) 12.2.1. Segment type Size and Market Size Analysis 12.2.2. Revenue and Trends 12.2.3. Application Revenue and Trends by type of Application 12.2.4. Company Revenue and Product Analysis 12.2.5. North America Product type and Application Market Size 12.2.5.1. U.S. 12.2.5.2. Canada 12.2.5.3. Mexico 12.2.5.4. Rest of North America 12.3. Refrigerant Oil - South America Segment Research 12.4. South America Market Research (Market Size -$Million / $Billion) 12.4.1. Segment type Size and Market Size Analysis 12.4.2. Revenue and Trends 12.4.3. Application Revenue and Trends by type of Application 12.4.4. Company Revenue and Product Analysis 12.4.5. South America Product type and Application Market Size 12.4.5.1. Brazil 12.4.5.2. Venezuela 12.4.5.3. Argentina 12.4.5.4. Ecuador 12.4.5.5. Peru 12.4.5.6. Colombia 12.4.5.7. Costa Rica 12.4.5.8. Rest of South America 12.5. Refrigerant Oil - Europe Segment Research 12.6. Europe Market Research (Market Size -$Million / $Billion) 12.6.1. Segment type Size and Market Size Analysis 12.6.2. Revenue and Trends 12.6.3. Application Revenue and Trends by type of Application
Refrigerant Oil Market
06
12.6.4. Company Revenue and Product Analysis 12.6.5. Europe Segment Product type and Application Market Size 12.6.5.1. U.K 12.6.5.2. Germany 12.6.5.3. Italy 12.6.5.4. France 12.6.5.5. Netherlands 12.6.5.6. Belgium 12.6.5.7. Spain 12.6.5.8. Denmark 12.6.5.9. Rest of Europe 12.7. Refrigerant Oil – APAC Segment Research 12.8. APAC Market Research (Market Size -$Million / $Billion) 12.8.1. Segment type Size and Market Size Analysis 12.8.2. Revenue and Trends 12.8.3. Application Revenue and Trends by type of Application 12.8.4. Company Revenue and Product Analysis 12.8.5. APAC Segment – Product type and Application Market Size 12.8.5.1. China 12.8.5.2. Australia 12.8.5.3. Japan 12.8.5.4. South Korea 12.8.5.5. India 12.8.5.6. Taiwan 12.8.5.7. Malaysia 13. Refrigerant Oil Market - Entropy 13.1. New product launches 13.2. M&A's, collaborations, JVs and partnerships 14. Refrigerant Oil Market – Industry / Segment Competition landscape 14.1. Market Share Analysis 14.1.1. Market Share by Country- Top companies 14.1.2. Market Share by Region- Top 10 companies 14.1.3. Market Share by type of Application – Top 10 companies 14.1.4. Market Share by type of Product / Product category- Top 10 companies 14.1.5. Market Share at global level- Top 10 companies 14.1.6. Best Practises for companies 15. Refrigerant Oil Market – Key Company List by Country 16. Refrigerant Oil Market Company Analysis 16.1. Market Share, Company Revenue, Products, M&A, Developments 16.2. The Lubrizol Corporation 16.3. BASF SE 16.4. The Dow Chemical Co 16.5. Idemitsu Kosan Co 16.6. Company 5 16.7. Company 6 16.8. Company 7 16.9. Company 8 16.10. Company 9 16.11. Company 10 and more "*Financials would be provided on a best efforts basis for private companies" 17. Refrigerant Oil Market -Appendix 17.1. Abbreviations 17.2. Sources 18. Refrigerant Oil Market -Methodology 18.1. Research Methodology 18.1.1. Company Expert Interviews 18.1.2. Industry Databases 18.1.3. Associations
Refrigerant Oil Market
07
18.1.4. Company News 18.1.5. Company Annual Reports 18.1.6. Application Trends 18.1.7. New Products and Product database 18.1.8. Company Transcripts 18.1.9. R&D Trends 18.1.10. Key Opinion Leaders Interviews 18.1.11. Supply and Demand Trends
Refrigerant Oil Market
08
Industry Market Research for Business Leaders, Strategists, Decision Makers
IndustryARC Solutions We cater to the pain points of our clients by providing the following solutions, which are targeted and address key issues specifically. Each of the business verticals is helpful to a client at various stages of their operational, managerial and strategic level plans. Syndicate Reports and Consulting (SRC) 1. Provide high quality analytical syndicated reports with key market insights, strategies and market forecasts for a specific industry or vertical of the clients. Constant tracking of industries and relations with experts helps us to predict and publish reports before our competitors as well as meet client needs proactively. Market Research and Data Analytics (MRDA) 2. Provide pure play data analytics services for ad-hoc and long-term engagement projects of clients with market research layered into the analysis. We are the only global company to offer this combination one-stop service to clients. Redundancies generally seen by procuring data, analytics services from multiple vendors is overcome by our solution. Competitive Landscape Analysis (CLA) 3. Provide company financial analysis, market share analysis, competitive landscape insights and market movements to clients. This is one of the most important pain point and key request from majority of our clients, for which we use our proprietary methodologies to provide accurate CLA data. Accelerated Business Development (ABD) 4. Connect clients with their customers on a global scale by acting as an outsourced sales team on behalf of the client. This is a unique tri-party engagement model to benefit the client and their customer, and acts as a business development scale up at an international level. Market Intel Reports (MIR) 5. Provide one-stop venue with a searchable syndicate reports database from global companies available to clients. This augments our offerings exponentially and also assists in studying global client needs at an in-depth level.
Refrigerant Oil Market
09
Industry Market Research for Business Leaders, Strategists, Decision Makers
About IndustryARC IndustryARC strategy studies primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.
We Work for You For IndustryARC, we value every customer equally. We only stay ready to help each client in the best way possible with a unique 24x365 support plan. We suggest looking at the following benefits of relying on Professional Business Consulting and Custom Market Research Services to realize the unique strategic gains on offer: 1. 2. 3. 4. 5. 6. 7.
Strengthen and improve organizational performance Strategic planning and analysing Adoption of newer and cost-effective technologies Become environmentally sustainable and profitable Improve their training and certification procedures. Planning for business automation. Project facilitation and management.
Our Expertise Agriculture | Automotive | Energy and Power | Food & Beverage | Chemicals & Materials | Semiconductor & Electronics | Information Technology | Automation & Instrumentation Consumer Products & Services | Life Sciences and Healthcare
Refrigerant Oil Market
010
Refrigerant Oil Market
011