Global Refrigeration Oil Market: Competitive Landscape to Remain Heavily Consolidated
The global refrigeration oil market registered a highly consolidated business landscape in 2016, with the top five players, namely, Idemitsu Kosan Co. Ltd., Exxon Mobil Corp., Royal Dutch Shell, MEIWA, and BASF, acquiring a share of nearly 95% in the overall market, states a new study by Transparency Market Research (TMR). The scenario is anticipated to remain so over the next few years with Idemitsu Kosan holding the leading position, accounting for over one third of the overall market alone....
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