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Increasing consumption of packaged food products is expected to drive the refrigeration oil market


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“Browse 89 market data Tables and 38 Figures spread through 125 Pages and in-depth TOC on “Refrigeration Oil Market””
Refrigeration Oil Market by Oil Type (Mineral Oil, Synthetic Oil (Polyolester, Polyalkylene Glycol)), Application (Refrigerator & Freezer, Air Conditioner, Automotive AC System, and Aftermarket), and Region
The refrigeration oil market is projected to reach USD 1.4 billion by 2024, at a CAGR of 4.7% from USD 1.1 billion in 2019. Emerging economies are witnessing rapid urbanization along with a rise in disposable income. The consequent increase in the standard of living and growing consumption of convenience/packaged food products, coupled with the mass adoption of vaccines and drugs will drive the demand for refrigerators, freezers, air conditioners, and automobile HVAC systems. This will fuel the demand for refrigeration oil, ultimately driving the refrigerator oil market. ....

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Refrigeration Oil Market Scope, Growth Prospects, Potential and Addressing Structure, Forecast Till 2030


Press release content from Wired Release. The AP news staff was not involved in its creation.
Refrigeration Oil Market Scope, Growth Prospects, Potential and Addressing Structure, Forecast Till 2030 | JXTG Group and BASF SE
January 22, 2021 GMT
Pune, Maharashtra, India, January 22 2021 (Wiredrelease) MarketResearch.Biz :Refrigeration Oil Market Overview:
The report provides quantitative and qualitative information on the global Refrigeration Oil market for the period of 2021 to 2030. Given the debilitating effect of COVID-19 (Coronavirus) on the Refrigeration Oil market, groups are vying for opportunities to stay afloat inside the market landscape. Gain access to our present-day research analysis on COVID-19 related to the Refrigeration Oil market and understand how market vendors are adopting new strategies to mitigate the effect of the pandemic. ....

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