123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Global Refrigerant Market

Profile Picture
By Author: NileshMaximize
Total Articles: 34
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Global Refrigerant Market was valued US$ 3.2 in 2017 and is estimated to reach US$ 19.5 Bn at a CAGR of 5.0 %. Improving standard of living, dual income families and increasing disposable income is driving the market growth in developing countries. Rapid industrialization followed by infrastructural developments along with the increasing number of increasing demand for consumer appliances has created new opportunities and gateways for OEM. Increasing identification of the environmental impact associated with the use of refrigeration and air conditioning equipment has brought about changes in the composition of refrigerant gases and in the way they are being used.
Fluorocarbon is the leading segment due to its energy efficiency and less flammability. Fluorocarbon is being used more extensively owing to their low impact on the environment. Natural refrigerants are R717 (Ammonia), R744 (CO₂) and Hydrocarbons. CFCs are banned from use in refrigeration Product s globally, and hydrofluorocarbons (HFCs), provide a non-ozone depleting solution, they still have a relatively high global warming potential (GWP). Refrigeration segment dominated the Product segment in 2017 owing to growth in, consumer durable and food & beverage sector. Increasing demand for the domestic air-cooling system due to the rising disposable income of the population from developed countries is fuelling the market growth. Numerous Product areas of refrigerant in commercial air conditioning systems & refrigeration for frozen food & chilled beverages has contributed to the growth of the refrigeration market. Asia Pacific is foreseen to be growing at rapid pace in the global refrigerant market owing to rapid industrialization, high disposable income boosting the market growth. Growth in industrial activity and productivity in China and India will boost the demand for refrigeration across residential, industrial, and commercial sectors. Daikin Industries Ltd., SRF Ltd., Honeywell International, Arkema SA, Mexichem Fluor S.A. de C.V., Dongyue Group, Navin Fluorine International Ltd., E.I. du Pont Nemours & Co., SRF Ltd., Chemours Company, The Linde Group, Sinochem Group, Airgas Inc., Tazzetti SPA, Deepfreeze Refrigerants Inc., Hess Corporation, General Utilities, HyChill, Engas Australasia, Shandong Yuan Chemical Company Limited, A-Gas International, Puyang Zongwei Fine Chemical Co. Ltd., and Sinochem are major player operating in the global refrigerant market.

https://www.maximizemarketresearch.com/market-report/global-refrigerant-market/22222/

Scope of the Global Refrigerant Market
Global Refrigerant Market, by Product:

• Fluorocarbon • Hydrocarbon • Inorganic • Other

Global Refrigerant Market, By Application:

• Refrigerators • Large-scale Refrigerators • Chillers • Air Conditioners • Heat Pumps

Global Refrigerant Market, by Region:

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America

Key Player in Global Refrigerant Market:

• Daikin Industries Ltd. • SRF Ltd. • Honeywell International • Arkema SA • Mexichem Fluor S.A. de C.V. • Dongyue Group • E.I. du Pont de Nemours & Co. • Navin Fluorine International Ltd. • Chemours Company • The Linde Group • Sinochem Group • Airgas Inc. • Tazzetti SPA • Deepfreeze Refrigerants Inc. • Hess Corporation

About Company Info –

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors

Report Published by: Maximize Market Research                    

Total Views: 21Word Count: 519See All articles From Author

Add Comment

Business Articles

1. What Is Hemp Protein And How Can It Help You?
Author: Unknown Member

2. Important For Epoxy Coatings
Author: Unknown Member

3. Java Development Training And Jobs
Author: Zain Malik

4. All You Need To Know About Iso 13485 Auditor Training And Its Requirements
Author: Charles Wilson

5. Is Bitdefender Antivirus Plus Right For You?
Author: poppybobby

6. Beneficial Tips To Consider While Going On Hunting
Author: Unknown Member

7. Lead Generation Agency In Mumbai
Author: Poonam

8. Know What A Right Translation Agency Can Do For You
Author: Fayeem

9. Keuntungan Dari Perjalanan Bus
Author: Unknown Member

10. How To Recycle Moving Cardboard Boxes?
Author: Jeff Parker

11. Get The Best Employee Hiring, Human Resource And Business Plan Template For Your Business
Author: Diptiranjan Pradhan

12. It’s Mandatory To Select A Reputable Ferroalloy Supplier
Author: Andy

13. Applications Of Steel In Different Fields
Author: Andy

14. Different Types Of Ferroalloys And Their Uses
Author: Andy

15. Look For A Trusted And Experienced Ferroalloy Supplier
Author: Andy

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: