Refrigeration Oil Market Analysis Covering Size, Share, Growth, Trends and Upcoming Opportunities Till 2026
Refrigeration oil is a lubricant derived from either mineral oil or synthetic oil. It is a special high-temperature formulation of oil to provide lubrication to compressors. Global consumption of refrigeration oil was pegged at 300,420.6 tonnes in 2015. Sales revenue of refrigeration oil is expected to increase at a CAGR of 5.3% over the forecast period (2016–2026).
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