Press release
Refrigeration Oil Market 2017: By Application, Manufacturer, and Segmentation 2025
Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24065
According to TMR, the global refrigeration oil market stood at US$1.06 bn in 2016. Analysts estimate the market to expand at a CAGR of 5.80% between 2017 and 2025 and reach a valuation of US$1.77 bn by the end of the forecast period. Among refrigeration oil products, synthetic oil has surfaced as the most valued one and the trend is anticipated to remain the same over the next few years. Among refrigerants, the demand for HFC refrigerants is much higher and it is likely to continue in the near future. Air conditioners have emerged as the leading end users of refrigeration oil across the world. In terms of geography, Asia Pacific is expected to surface as the most promising regional market for refrigeration oil over the forthcoming years, states the research report.
Increasing Emphasis on Using Energy Efficient Products to Boost Demand
“The global market for refrigeration oil market is benefiting substantially from the increasing number of government-sponsored subsidy and rebates on energy efficient products and practices,” says a TMR analyst. Along with this, the emergence of HVA&R systems in the medical and healthcare sector, rising preference among consumers for low-GWP refrigerants, and the augmenting application of refrigeration in various industries are also driving this market remarkably. The paradigm shift towards utilizing energy-efficient systems across the world, consequently, is projected to support this market in the years to come, states the market report.
Read Report Overview @ https://www.transparencymarketresearch.com/refrigeration-oil-market.html
Increasing Need for Proper Oil Control to Hamper Growth
On the other hand, the increasing requirement for proper oil control and the issue in the compatibility of refrigeration oil with refrigerants may hamper the growth of the worldwide market for refrigeration oil. Apart from this, the complex process of refrigeration may also reflect negatively on the market’s overall growth. However, new product developments and increasing transportation of refrigeration systems are projected to open up new opportunities in this market over the coming years, reports the research study.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Refrigeration Oil Market 2017: By Application, Manufacturer, and Segmentation 2025 here
News-ID: 1053850 • Views: …
More Releases from Transparency Market Research
RF Chip Inductor Market Size to Reach over USD 1.8 billion by 2031 - Transparenc …
RF Chip Inductor Market are essential components in various electronic devices, providing inductance and functioning as filters, oscillators, and transformers. They play a crucial role in ensuring the efficiency and performance of RF circuits. With the rapid advancement in telecommunications, consumer electronics, and automotive industries, the demand for RF chip inductors has seen a significant rise. These components are integral in applications such as smartphones, IoT devices, and automotive electronics,…
Solid Tires Market Expected to Witness Impressive Growth at a 8.1% CAGR by 2031
The latest research study released by Transparency Market Research on "Solid Tires Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses.
Solid Tires market is estimated to attain a valuation of US$ 760.0 Mn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 8.1% during…
Automotive Cyber security Market Sales Estimated to Hit USD 10.5 Billion by 2031 …
The latest research study released by Transparency Market Research on "𝐀𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐂𝐲𝐛𝐞𝐫 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Automotive Cyber security industry, as…
Ready-mix Concrete Market to Witness Exponential Growth with a CAGR of 6.1% from …
The latest research study released by Transparency Market Research on "𝐑𝐞𝐚𝐝𝐲-𝐦𝐢𝐱 𝐂𝐨𝐧𝐜𝐫𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟑-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Ready-mix Concrete industry, as well as…
More Releases for TMR
Ophthalmic Drugs Market Reviews 2027 | TMR Study
Ophthalmic Drugs Market: Overview
According to Transparency Market Research's latest report on the global Ophthalmic Drugs Market for the historical period 2017-2018 and forecast period 2019-2027, Rising adoption of newly developed therapeutics in ophthalmology, Increasing incidence rates of eye related disorders, Advanced retinal treatment approvals for unmet needs in eye disorders, Significant awareness about the diagnosis and treatment of eye disorders are projected to drive the global Ophthalmic Drugs Market during the forecast period.
According…
Electronic Lab Notebook (ELN) Market | TMR Research
Global Electronic Lab Notebook (ELN) Market: Overview
Rising adoption of robotics and process automation in various business verticals, especially in healthcare sector is the prime reason for the growth of global electronic lab notebook (ELN) market. With ELN solutions it is now possible to set-up, execute and monitor the derived result in much lesser time. Owing to these benefit the global electronic lab notebook market in the forecast period of 2018…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Compound Chocolate Market 2018-2028 | TMR Research
Global Compound Chocolate Market: Overview
The demand within the global compound chocolate market has been rising on account of advancements in the field of confectioneries. The use of compound chocolate manufacture novel food products has played to the advantage of the global market. Compound chocolate is made up of cocoa and vegetable sweeteners, and this is the most unique trait of this form of chocolate. Several new and old vendors in…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
TMR - Research Reports
The torque sensor is a device that is used to measure and record torque on a rotating system. Torque monitoring and measurement are critical parameters in nearly all rotating parts, equipment and machines, which guarantees high performance. Torque monitoring is implemented by using torque systems. There are two types of torque systems - static and dynamic torque. Dynamic torque is tricky to measure and requires transfer of some form of…
