https://www.databridgemarketresearch.com/reports/global-refrigeration-oil-market The Global Refrigeration Oil Market is experiencing robust expansion, driven by the increasing demand for energy-efficient cooling systems across industrial, commercial, and residential sectors. Refrigeration oils are critical components in compressors, ensuring optimal thermal transfer, lubrication, and sealing of refrigeration and air conditioning (HVAC-R) units. Their role is becoming more vital as the industry shifts towards next-generation, environmentally friendly refrigerants. Market analysis confirms significant growth potential in the coming years. The refrigeration oil market is expected to gain substantial momentum in the forecast period of 2022 to 2029. Data Bridge Market Research indicates that the market is projected to reach an estimated value of USD 2.0 billion by 2029, demonstrating a strong Compound Annual Growth Rate (CAGR of 9.13%) during this timeframe.