Industrial Refrigeration System Market to Reach $25 Billion by 2026

According to a research report by MarketsandMarkets, the industrial refrigeration system market is estimated to grow from $19.4 billion in 2021 to $25.1 billion by 2026 at a CAGR of 5.3% during 2021-2026.

The market growth is driven by factors such as a growing inclination toward eco-friendly, refrigerant-based refrigeration systems due to stringent regulatory policies, increasing government support to strengthen cold chain infrastructure in developing countries, and the rising demand for compact refrigeration systems.

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Avoiding scale, corrosion and microbiological growth — all of which diminish effective heat transfer — is the focus of any water treatment approach for water-contacted process heating and cooling equipment.