Charts & StatsSep 2, 2026

Global Refrigeration Oil market [2017-2025] North America by Application

By Application, the market is segmented into Refrigerator And Freezer, Chillers, Air Conditioners, Automotive AC Systems, Aftermarket, and Application_Others (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Refrigeration Oil market [2017-2025] North America by Application — full underlying data
Label	Refrigerator And Freezer	Chillers	Air Conditioners	Automotive AC Systems	Aftermarket	Application_Others
2017	74.1 USD Mn	19.3 USD Mn	45.2 USD Mn	45.5 USD Mn	66.5 USD Mn	8.2 USD Mn
2018	76.1 USD Mn	19.8 USD Mn	46.7 USD Mn	47.2 USD Mn	68.7 USD Mn	8.4 USD Mn
2019	78.2 USD Mn	20.3 USD Mn	48.2 USD Mn	48.9 USD Mn	70.9 USD Mn	8.6 USD Mn
2020	80.7 USD Mn	20.8 USD Mn	49.9 USD Mn	50.7 USD Mn	73.4 USD Mn	8.8 USD Mn
2021	83.5 USD Mn	21.4 USD Mn	51.7 USD Mn	52.7 USD Mn	76 USD Mn	9 USD Mn
2022	86.6 USD Mn	22 USD Mn	53.6 USD Mn	54.7 USD Mn	78.8 USD Mn	9.3 USD Mn
2023	90.4 USD Mn	22.7 USD Mn	55.7 USD Mn	57 USD Mn	82 USD Mn	9.6 USD Mn
2024	94.4 USD Mn	23.5 USD Mn	58 USD Mn	59.4 USD Mn	85.3 USD Mn	9.9 USD Mn
2025	98.8 USD Mn	24.3 USD Mn	60.3 USD Mn	61.9 USD Mn	88.7 USD Mn	10.2 USD Mn

Data Source: Wantstats Repository

Market Dynamics

refrigerator and freezer segment accounted for the largest market share in 2018, this market is expected to reach USD 98.80 Million in 2025 from USD 76.10 Million in 2018. This market is projected to grow at a CAGR of 3.97% during the forecast period from 2019 - 2025. However, automotive ac systems segment is the fastest growing market, which is expected to grow at a CAGR of 4.01% during the forecast period 2019 - 2025.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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