Global Refrigeration Lubricants Market - Segmented By Base Stock, By Application, and Geography - Trends and Forecasts (2017 - 2022)


The global market for refrigeration lubricants is valued at USD 2.3 billion in 2016. This market is expected to grow at an estimated CAGR of 2.5%, to reach USD 2.6 billion by 2021. Refrigeration is a process of transferring heat from one location to another in controlled conditions. Refrigeration has many applications such as household refrigerators, industrial freezers, cryogenics, air...