Refrigerant Oils Market
Refrigerant Oils Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Refrigerant Oils Market Size and Growth
The global refrigerant oils market is projected to reach a market size of USD 2.5 billion by 2025, experiencing steady growth due to increasing demand for refrigeration and air conditioning systems. Market conditions indicate a shift towards environmentally friendly oils, such as synthetic and natural refrigerant oils, to meet regulatory requirements and reduce environmental impact.
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Companies Covered (Covid 19 Impact Covered)
◍ The Lubrizol Corporation
◍ The Dow Chemical
◍ BASF SE
◍ Royal Dutch Shell Plc
◍ Fuchs Lubricants
◍ Chevron Corporation
◍ Idemitsu Kosan
◍ Summit Industrial Products
◍ Lanxess
◍ Exxon Mobil Corporation
◍ CITGO Petroleum Corporation
◍ Sonneborn, LLC
◍ BVA, Inc
◍ JX Holdings
The Refrigerant Oils Market is highly competitive with key players such as The Lubrizol Corporation, The Dow Chemical, BASF SE, Royal Dutch Shell Plc, Fuchs Lubricants, Chevron Corporation, Idemitsu Kosan, Summit Industrial Products, Lanxess, Exxon Mobil Corporation, CITGO Petroleum Corporation, Sonneborn, LLC, BVA, Inc, and JX Holdings. These companies provide a wide range of refrigerant oils to various industries such as automotive, HVAC, and industrial, which aids in the growth of the Refrigerant Oils Market.
- The Lubrizol Corporation: $7 billion
- BASF SE: $64.48 billion
- Royal Dutch Shell Plc: $388.38 billion
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Market Segmentation
By Application
◍ Automotive
◍ Machinery & Equipment
◍ Other
By Product
◍ Mineral Oils
◍ Synthetic Oils
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$ X Billion USD
Market Growth
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