Refrigeration Oil Market was valued at USD 1.8 billion in 2020 and is expected to grow at a CAGR of 4% between 2021 and 2027. Oil is used in refrigeration systems to lubricate compressor bearings and other moving parts. The properties of the selected oil should be suitable for this purpose. In the car engine, the motor oil stays in the crankcase, to which it belongs.
This oil is designed for use in cooling systems. The main use of refrigeration oil is to lubricate compressor bearings and other moving parts. It is also used to reduce friction of metal parts, reduce wear of compressors, and extend the life of systems. Other types of frozen oils used are mineral oils and synthetic oils. These are used in applications such as refrigerators&freezers, air conditioners, automotive AC systems for refilling and the aftermarket.
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Top Major Key Players Industries
Eneos Holdings Inc. (Japan),
BASF SE (Germany),
Idemitsu Kosan Co. Ltd (Japan),
ExxonMobil Corporation (U.S.),
Royal Dutch Shell Plc. (Netherlands),
Total Energies SE(France),
China Petrochemical Corporation (Sinopec Corp),
Petroliam Nasional Berhad(Petronas),
FUCHS Petrolub SE (Germany),
Johnson Controls(Ireland).
By type
Synthetic oil
Mineral oil
By application
Refrigerators & Freezers
Air Conditioner
Automotive AC System
Aftermarket
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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