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

Refrigerant Industry | Size, Value, Trend And Outlook 2023

Profile Picture
By Author: Market Research Future
Total Articles: 235
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Competitive Analysis

Some of the key players in the global refrigerant market are DAIKIN INDUSTRIES, Ltd. (Japan), The Chemours Company. (U.S.), Honeywell International Inc. (U.S.), Arkema S.A. (France), Dongyue Group Co. Ltd (China), Asahi Glass Co., Ltd. (Japan), Sinochem Group (China), Mexichem S.A.B. de C.V. (Mexico), The Linde Group (Germany), SRF Limited (India), and DowDuPont Inc. (U.S.).

Market Scenario

Refrigerant is a substance used as a medium of heat transfer, which picks up the heat by evaporating at a low temperature and pressure. It gives up the heat on condensing at a higher temperature & pressure, and coverts back to the gas phase in the refrigeration cycle. Refrigerants are designated by R followed by a unique number.

Market Segmentation

Refrigerant Industry is segmented by type, application, and region.

On the basis of the type, the global refrigerant market is segmented into natural refrigerants and synthetic refrigerants. Natural refrigerants are further segmented into organic/hydrocarbons and inorganic refrigerants. Hydrocarbons are further segmented into propane, ...
... n-butane, iso-butane, and others. Similarly, inorganic hydrocarbons are also sub-segmented into ammonia, CO2, water, and others. Synthetic refrigerants/fluorocarbons are segmented into two types namely pure fluorocarbons and fluorocarbon blends. Pure fluorocarbons are further segmented into chlorofluorocarbons (CFCs), hydrofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), hydrofluoro Olefins (HFO) and others. Similarly, fluorocarbon blends are also segmented into two type’s, i.e., azeotropic and zeotropic (non-azeotropic). HFC, HFO, HFC/HFO blends and natural refrigerants are expected to witness high growth during the forecast period, 2017-2023 due to their eco-friendly properties, low GWP, and low ODS potential compared to synthetic counterparts.

On the basis of the application, the global refrigerant is segmented into refrigerators, air conditioners, chillers/heat pump, and others. Refrigerators are sub-segmented into domestic refrigerators, commercial refrigerators (medium scale), industrial & supermarket refrigerator (large scale), and transport refrigerator. Air conditioners (AC) are further segmented into centralized AC, split AC, window AC, portable AC, and hybrid AC. Air conditioners are projected to be the largest market for refrigerants in the forecast period due to the rising disposable incomes; rising standard of living, rapid technological advancements, and upcoming infrastructure projects on transport networks, and commercial & residential projects in the emerging economies.

Regional Analysis

The global refrigerant market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is the major region in the global market. The Middle East & Africa is expected to show rising demand over the forecast period. North America and Europe is expected to show steady demand, which is further trailed by Latin America. Rising disposable income, changing lifestyle, upcoming transportation, domestic & commercial projects in the emerging economies are primarily driving the demand for air conditioners and refrigerators. Therefore, it is positively impacting the global refrigerant market. Furthermore, growing industrialization across the globe is expected to drive the demand for chillers/heat pump.

Access Report Details @ https://www.marketresearchfuture.com/reports/refrigerant-market-5879

LIST OF FIGURES

FIGURE 1 Global Refrigerant Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis Of Global Refrigerant Market

FIGURE 4 Value Chain Of Global Refrigerant Market

FIGURE 5 Share Of Global Refrigerant Market In 2015, By Country (In Volume/Value)

FIGURE 6 Global Refrigerant Market, 2015-2023,

FIGURE 7 Global Refrigerant Market Size, By Type, 2015

FIGURE 8 Share Of Global Refrigerant Market, By Type, 2015 To 2023

FIGURE 9 Global Refrigerant Market Size, By Application, 2015

FIGURE 10 Share Of Global Refrigerant Market, By Application, 2015 To 2023

Total Views: 340Word Count: 548See All articles From Author

Add Comment

Business Articles

1. Why Bergercpafirst Stands Out Among Cpa Firms In New Jersey, Manhattan, And Nyc
Author: bergerCPAFirst

2. Restoring Functionality: The Importance Of Local Expert Upvc And Aluminium Door And Window Repair
Author: Vikram kumar

3. How Custom Printing & Packaging Helps Mumbai Businesses Build Stronger Brand Identity
Author: Walid Shaikh

4. Role Of Marble Ganesh Murti In Festivals And Rituals
Author: Madhav Arts

5. 2025 Trends: Heavy-duty Paper Bowls Shaping The Dessert Industry
Author: Gujarat Shopee

6. How To Join Shade Cloth Together: Your Easy Guide
Author: DIY Shade Sails

7. Top 7 Benefits Of Asterisk Development For Modern Businesses
Author: Jack Morris

8. Experience The Wellness Benefits Of A Sauna In Kelowna
Author: Duke John

9. Reputable Pintle Bush Distributor In Dubai Uae For Marine Use
Author: Anbu Thalapathy

10. Trustworthy Stern Tube Bearing Manufacturer In Dubai Uae For Marine Sector
Author: Anbu Thalapathy

11. From Pigment To Perfection: Koel Colours In Colour Cosmetics Manufacturing
Author: Kanika shah

12. Top Benefits Of Lithium Batteries For Caravans And Travel Trailers
Author: trailercamper

13. Real-time Competitive Price Tracking : Boost Revenue By 18%
Author: Actowiz Metrics

14. Iso 42001 Vs Iso 27001 Certification
Author: Sqccertification

15. Best Office Cleaning Suppliers In Dubai – Facilico Facilities Management
Author: Facilico

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