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2025-08-20 09:15:47 -

Refrigeration Oil Market Competitive Landscape and Innovation Strategies

The global refrigeration oil market, valued at USD 1.18 billion in 2024, is projected to expand at a compound annual growth rate of 7.2% from 2025 to 2034, driven by escalating demand for efficient thermal management systems across industrial, commercial, and residential sectors. This growth trajectory is not uniform, however, as regional disparities in regulatory frameworks, energy policies,...

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