Global Refrigeration Oil Market to grow at a CAGR of 5.64% during the forecast period 2020–2026

1. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 (/) Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 NEWS PROVIDED BY OG Analysis (http://www.einpresswire.com/newsroom/oganalysis.com/) November 04, 2019, 11:45 GMT TICLE w.facebook.com/sharer.php? %2Fwww.einpresswire.com%2Farticle%2F501128637%2Frefrigeration-oil-market-proceeds-growth- -of-5-64-from-the-year-2020-to- ation+Oil+Market+proceeds+growth+phase+at+a+CAGR+of+5.64%25+from+the+year+2020+to+2026) tter.com/intent/retweet?tweet_id=1191320489333022722) ttps%3A%2F%2Fwww.einpresswire.com%2Farticle%2F501128637%2Frefrigeration-oil-market-proceeds- t-a-cagr-of-5-64-from-the-year-2020-to- geration+Oil+Market+proceeds+growth+phase+at+a+CAGR+of+5.64%25+from+the+year+2020+to+2026) (http://www.linkedin.com/shareArticle? nt/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020- ttps://0e190a550a8c4c8c4b93-fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com/EINPresswire- eration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026-3.pdf) https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 1/8

2. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 (/) (https://img.einpresswire.com/large/99983/refrigeration-oil-market- growth.png#507x316) Refrigeration Oil Market Growth and Size Forecast Through 2026 Global Refrigeration Oil Market to grow at a CAGR of 5.64% during the forecast period 2020–2026 and segmented into By Oil Type, By Application and By Region SOUTHLAKE, TX, UNITED STATES, November 4, 2019 /EINPresswire.com (http://www.einpresswire.com)/ -- The recent analysis on Refrigeration Oil Market (https://www.oganalysis.com/industry-reports/211806/refrigeration-oil-market) outlook by OG Analysis set to proceed growth phase with a healthy CAGR of 5.64% over the forecast period 2020-2026. Based on trends of improved standard of living along with global concerns including low global warming potential (GWP) refrigerants, OG Analysis estimates the market value to boost through the forecast term. Further, the increased consumption of packaged food products to thrust the market size across growing processed food and beverage sector. Furthermore, penetration of refrigerators, freezers, air conditioners, and automobile HVAC systems strengthens the refrigeration oil market growth. Additionally, increasing R&D activities across market participants with focus to develop cost-effective and eco-friendly products witness new refrigeration oil market growth opportunities. Request Sample @ https://www.oganalysis.com/sample/211806 https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 2/8

3. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 (https://www.oganalysis.com/sample/211806) (/) Amidst, key oil types, the synthetic oil segment emerge with a strong market share in terms of value during the estimated period. With the potential to offer high viscosity index, excellent shear stability, and stable performance in extreme conditions the synthetic oil is penetrating market growth. Additionally, its compatibility with low GWP and modern refrigerants gives it an added advantage over mineral refrigeration oil. However, adoption of refrigeration oil is limited by stringent government regulations pertaining to Chloro?uorocarbons (CFCs) emission and challenges the global refrigeration oil market growth. Strong emergence of key market Application harness lucrative market growth opportunities during estimated period The refrigerator & freezer application projects as growing segment of the refrigeration oil market over the forecast period driven by increasing demand for packaged food items and the changing lifestyle across developed and developing regions. Further, increasing demand for perishable food products and growth in trade of food products raises the sales of refrigerators & freezers which in turn drive the market growth. Browse Refrigeration Oil Market Research Report @ https://www.oganalysis.com/industry-reports/211806/refrigeration-oil-market (https://www.oganalysis.com/industry-reports/211806/refrigeration-oil-market) In addition, growing demand for commercial refrigerators across pharmaceutical and food industries is a primary factor to fuel the refrigeration oil market growth. The refrigeration oil remains a promising industry across Asian countries over the forecast period From regional perspective, Asia Paci?c peers with signi?cant market share and OG Analysis estimates the growing trend through forecast period in terms of value. Increasing population, growth in GDP and large consumption of refrigerators, freezers, https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 3/8

4. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 air conditioners, and automobiles in the emerging markets of China and India are factors to drive the refrigeration oil market growth across Asia Paci?c. (/) The strong presence of promising and nascent refrigeration oil market players in developing countries of the region thrust the market to grow, extensively across cold storage warehousing and frozen food sectors. Request for Special Discount on Refrigeration Oil Market report @ https://www.oganalysis.com/discount/211806 (https://www.oganalysis.com/discount/211806) Additionally, high employment rate, rising disposable income, and intense foreign investments in various sectors of the economy are the key market-driven factors that make Asia Paci?c prominent region for refrigeration oil market. Market participants explore the growth opportunities through joint ventures and expansions during the forecast period Key companies are exploiting refrigeration oil market growth opportunities by signing joint ventures and strategic expansions during the forecast period. For instance, in 2019, BASF SE expanded its production capacity of antioxidants for lubricants in China and Mexico to ful?ll the global demand for refrigeration oil. Further, in 2018, PETRONAS, a key market player entered into an agreement to acquire 25% equity in LNG Canada to strengthen the company’s lubricant business across the value chain. Furthermore, key market players untapped market opportunities by serving key end- users. Accordingly, in 2017, a supermarket in Chile adopted new refrigeration technology in an effort to showcase alternatives to hydro?uorocarbons (HFCs) and climate-friendly refrigeration technologies. Key companies including JXTG Group, BASF SE, Idemitsu Kosan Co., Ltd., Royal Dutch Shell plc, ExxonMobil Corporation, BP p.l.c., PETRONAS, Chevron Corporation, Total S.A., and Sinopec Group contribute in the expansion of refrigeration oil market size and https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 4/8

5. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 growth. (/) Related Reports • Truck Refrigeration Unit Market (https://www.oganalysis.com/industry- reports/217589/truck-refrigeration-unit-market) • Industrial Refrigeration Systems Market (https://www.oganalysis.com/industry- reports/211637/industrial-refrigeration-systems-market (https://www.oganalysis.com/industry-reports/211637/industrial-refrigeration-systems- market)) OGAnalysis-Market Intelligence Platform (https://www.oganalysis.com/industry- reports/216535/global-oil-and-gas-database-subscription-services) Global Oil and gas industry annual subscription from OG ANALYSIS provides access to 11 databases including Exploration, Production, Re?nery, LNG, Oil and Chemicals Storage, Pipelines, Market Intelligence, CAPEX, Tankers, small LNG and Trade. About OG Analysis: OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions. Contact Us: Anil Kumar Phone: +91-7337 01 3757 Email: sales@oganalysis.com Website: https://www.oganalysis.com (https://www.oganalysis.com) Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/ (https://www.linkedin.com/company/og-analysis/) Anil Kumar OG Analysis +91 73370 13757 email us here (http://www.einpresswire.com/contact_author/501128637) https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 5/8

6. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 (/) You just read: Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 NEWS PROVIDED BY OG Analysis (http://www.einpresswire.com/newsroom/oganalysis.com/) November 04, 2019, 11:45 GMT LE cebook.com/sharer.php? Fwww.einpresswire.com%2Farticle%2F501128637%2Frefrigeration-oil-market-proceeds-growth- -5-64-from-the-year-2020-to- on+Oil+Market+proceeds+growth+phase+at+a+CAGR+of+5.64%25+from+the+year+2020+to+2026) r.com/intent/retweet?tweet_id=1191320489333022722) ps%3A%2F%2Fwww.einpresswire.com%2Farticle%2F501128637%2Frefrigeration-oil-market-proceeds- -cagr-of-5-64-from-the-year-2020-to- ration+Oil+Market+proceeds+growth+phase+at+a+CAGR+of+5.64%25+from+the+year+2020+to+2026) (http://www.linkedin.com/shareArticle? 501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020- s://0e190a550a8c4c8c4b93-fcd009c875a5577fd4fe2f5b7e3bf4eb.ssl.cf2.rackcdn.com/EINPresswire- tion-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026-3.pdf) https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-pha Distribution channels: Automotive Industry (/channel/automotive), Business & Economy (/channel/business-economy), Chemical Industry (/channel/chemicals), Electronics Industry (/channel/electronics), Energy Industry (/channel/energy) EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to de?ne some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines (/editorial-guidelines) for more information. https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 6/8

7. 8/6/2020 Refrigeration Oil Market proceeds growth phase at a CAGR of 5.64% from the year 2020 to 2026 (/) Contact Company/Organization Anil Kumar OG Analysis +91 73370 13757 email us here (/contact-author/501128637) OG Analysis Lakshmi Sai Damam, Hi-Tech City Hyderabad, 500081 India +91 73370 13757 Visit Website (https://www.oganalysis.com) Visit Newsroom (http://www.einpresswire.com/newsroom/oganalysis.com About OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions. Contact Us: Anil Kumar Phone: +91-7337 01 3757 Email: sales@oganalysis.com () More From This Author Intravenous Immunoglobulin (IVIG) Market to grow with a CAGR of 7.2% over the forecast period 2020-2026 (/article/515187388/intravenous-immunoglobulin-ivig-market-to-grow-with-a-cagr-of- 7-2-over-the-forecast-period-2020-2026) Biologics Market to emerge with a robust growth of 10.4% CAGR over 2020-2026 (/article/515097733/biologics-market-to-emerge-with-a-robust-growth-of-10-4-cagr-over-2020- 2026) Animal Health Market to grow with a CAGR of 5.87% during the estimated time period 2020-2026 (/article/515097233/animal-health-market-to-grow-with-a-cagr-of-5-87-during-the-estimated- time-period-2020-2026) View All Stories From This Author (http://www.einpresswire.com/newsroom/oganalysis.com/) https://www.einpresswire.com/article/501128637/refrigeration-oil-market-proceeds-growth-phase-at-a-cagr-of-5-64-from-the-year-2020-to-2026 7/8

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