TMR_Research_Reports_2017 Refrigeration Oil Market Research Report 2024 | Page 3

North America and Europe. The markets of Latin America and Middle East & Africa are estimated to remain stagnant over the
forecast period. Stringent government regulations have been enforced upon industries to lessen the use of CFCs and HCFCs in
refrigeration systems and to detect outdated refrigerants in Belgi um, Belarus, and other A5 countries. Thus, the implementation of new
refrigerants is likely to be the key cause of the development of compatible refrigeration oil.
Key players in the global refrigeration oil market include Idemitsu Kosan Co. Ltd, ExxonMobil Corporation, Royal Dutch Shell plc.,
BASF SE, MEIWA CORPORATION, Chevron Phillips Chemical Company, FUCHS Lubricants, and The Lubrizol Corporation.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market,
including but not limited to: Regional markets, technology, types, and applications.
Highlights of the report:
 A complete backdrop analysis, which includes an assessment of the parent market
 Important changes in market dynamics
 Market segmentation up to the second or third level
 Historical, current, and projected size of the market from the standpoint of both value and volume
 Reporting and evaluation of recent industry developments
 Market shares and strategies of key players
 Emerging niche segments and regional markets
 An objective assessment of the trajectory of the market
 Recommendations to companies for strengthening their foothold in the market
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