Refrigeration Oil companies

Key Refrigeration Oil Market Players:

The refrigeration oils market is globally consolidated with various lubricant suppliers, including ExxonMobil, Shell, and TotalEnergies. These companies are expected to hold a significant market share due to their product ranges of lubricants, expertise, and the commercialization of lubricants and refrigerants that meet OEM specifications. Their other activities include ExxonMobil developing low-GWP oils, Shell exploring supply chain integration, and TotalEnergies expanding through acquisitions. Companies in India and Malaysia emphasize production capabilities to meet regional demand at lower prices through blended oils. Overall, these firms have become competitive globally in refrigeration oils by partnering with refrigerant manufacturers and advancing research on low-GWP and more promising POE and PAG inorganic refrigeration oils.

Some of the key players operating in the market are listed below:

Company Name	Country of Origin	Approx. Market Share (%)
The Lubrizol Corporation	USA	10-11%
ExxonMobil Corporation	USA	9-10%
Chevron Phillips Chemical Company	USA	8-9%
BASF SE	Germany	7-8%
FUCHS Petrolub SE	Germany	6-7%
TotalEnergies SE	France	xx%
Shell plc	UK/Netherlands	xx%
LANXESS AG	Germany	xx%
Idemitsu Lube India Pvt. Ltd.	India	xx%
Petronas Lubricants International	Malaysia	xx%
BP plc	UK	xx%
Caltex Australia Petroleum Pty Ltd	Australia	xx%
SK Lubricants	South Korea	xx%
Indian Oil Corporation Ltd	India	xx%
Bharat Petroleum Corporation Ltd	India	2-3%

Here are a few areas of focus covered in the competitive landscape of the market:

• Company Overview
• Business Strategy
• Key Product Offerings
• Financial Performance
• Key Performance Indicators
• Risk Analysis
• Recent Development
• Regional Presence
• SWOT Analysis