openPR Logo
Press release

Refrigerants Market to Experience Higher Growth by 2022 | AMR

08-03-2018 04:21 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Refrigerants Market to Experience Higher Growth by 2022 | AMR

"In 2015, the cost of azeotropic refrigerants is relatively higher than other refrigerants, but is expected to plummet by 2022, owing to rapid innovations in the production processes of azeotropic refrigerants and rise in their demand across several end user industries."

Refrigerants Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $18,509 million by 2022, registering a CAGR of 9.9% from 2016 to 2022.The inorganic refrigerants segment dominated the global market in 2015, with more than one-third share.

Access Full Summary at : https://www.alliedmarketresearch.com/refrigerants-market

The refrigerants market has witnessed rapid growth, owing to their increasing scope of applications in mobile ACs and transportation, especially in the developing economies. Moreover, the market is expected to grow during the forecast period, owing to the rise in demand for refrigerants in industries, commercial, transportation, and domestic sectors and increase in disposable income. In addition, upsurge in use of refrigerants, especially in the transportation, packaging, and stationary ACs sectors and improvement in standards of living in the emerging economies have fueled the market growth. However, undesirable effects of halocarbons on the ozone layer and frequent amendments in environmental norms & regulations are some of the factors hampering the market growth.

Request sample copy of this report at: https://www.alliedmarketresearch.com/request-sample/1848

In 2015, the refrigeration segment occupied more than half of the overall refrigerants market share. It is expected to maintain its lead throughout the forecast period, because of the soaring inflow of investments in domestic and commercial air conditioning sectors by market players across the globe.

Key findings of the study:

1. The hydrocarbons segment is anticipated to grow at the fastest CAGR of 11.5%, in terms of revenue, during the forecast period.

2. The Asia-Pacific region is estimated to dominate the global market, in terms of volume, by 2022, registering a CAGR of 5.1% during the forecast period.

3. In 2015, China accounted for more than one-third share of the Asia-Pacific refrigerants market.

4. India is estimated to grow at the highest CAGR of 11.1%, in terms of revenue, by 2022.

5. U.S. accounted for around two-thirds of the North America refrigerants market in 2015, and is estimated to continue its dominance.

6. Refrigerants demand in AC application segment is expected to grow at a high CAGR of 5.0%, in terms of volume, during the forecast period.

The Asia-Pacific and LAMEA regions jointly accounted for more than half of the global market in 2014, and are expected to maintain this trend throughout the forecast period. This is attributed to the spiraling development in the commercial and domestic sectors in these regions, increase in per capita disposable income, and upsurge in consumer spending in the developing economies of these regions.

The key players in the global market have focused on acquiring local players to strengthen their market outreach and expand their customer base. The prominent companies profiled in the report include Arkema SA, Daikin Industries Ltd, E.I. du Pont Nemours & Co., Honeywell International, Mexichem SA, Dongyue Group, Navin Fluorine International Ltd., and SRF Ltd.

Check offers and discount on this report at:
https://www.alliedmarketresearch.com/get-discount/1848

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.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 Refrigerants Market to Experience Higher Growth by 2022 | AMR here

News-ID: 1162147 • Views: 855

More Releases from Allied Market Research

Rubber Gloves Market To Deliver Prominent Growth & Striking Opportunities During …
The rise in hygiene care in hospitals led increased the consumption of rubber gloves by sweepers and nurses. Moreover, extensive use of these gloves in oil & gas and automotive application also benefits the market growth. The pandemic has also helped boost the market growth with increased demand from the general public. A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout
Polycarbonate Sheets Market Growing Popularity And Emerging Trends | COVESTRO AG …
Surge demand from the end-use industries fuels the growth of the global polycarbonate sheets market. By end-use industry, the electrical & electronics segment accounted for the major share in 2021. By region, on the other hand, the market across Asia-Pacific would remain lucrative by 2031. A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of
Hydrogen Peroxide Market is booming across the globe explored in latest research …
Rise in demand from pulp & paper industry, wide applications of hydrogen peroxide, and surge in demand for the product from the healthcare industry drive the growth of the global hydrogen peroxide market. A complete and wide-ranging evaluation of the aspects that drive and restrain the market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define
Huge growth of Antimicrobial Textiles Market In-depth Analysis Growth Projection …
Increase in demand for antimicrobial medical textiles in the healthcare industry and rise in awareness about hygiene drive the growth of the global antimicrobial textiles market. North America accounted for the highest share in 2019, and will maintain to dominance in terms of revenue during the forecast period. The demand for antimicrobial textiles rose during the pandemic among the medical staff as they began adoption of the best hygiene practices. A

All 5 Releases


More Releases for Refrigerants

Refrigerants Market Size, Share, Industry Trends, Forecast 2022 - 2030
Acumen Research and Consulting has announced the addition of the "Refrigerants Market" report to their offering. The Refrigerants Market Report 2030 is an in depth study analyzing the current state of the Refrigerants Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Refrigerants Market provides analysis of China market covering the industry trends, recent developments in the market
Global Refrigerant Recovery Service Market Future Prospects 2030 | Hudson Techno …
The current competent intelligence study, titled "Global Refrigerant Recovery Service Market 2022," presents a sorted reputation of the business through analysis of research and information gathered from many sources, with the capacity to assist global market decision-makers in making a substantial impact on the global economy. The Refrigerant Recovery Service market report gives and illustrates a global perspective on the competitive landscape. Request Sample Copy of Refrigerant Recovery Service Market Report
Green Refrigerants Market Projected to Reach USD 30.00 Billion by 2027 | AGC Inc …
Green refrigerants are those that have a lower potential for global warming and ozone depletion than synthetic refrigerants, which pose a significant threat to the ozone layer. Green Refrigerants Market is now part of Coherent Market Insights' entire collection of global market research reports. To effectively analyse the data, the report looks at both primary and secondary research. The market research also highlights important industry factors like global clients, potential
Refrigerants Market worth USD 34.3 billion by 2027
The Market Statsville Group (MSG) publishes the new report on the "Refrigerants Market by Product (Fluorocarbon, Hydrocarbon, and Inorganic), by Application (Industrial, Domestic, Transport & Commercial Refrigeration, Stationary Air Conditioning, Chillers & Heat Pumps, and Mobile Air Conditioning), by Region – Global Share and Forecast to 2027". The global refrigerants market size is expected to grow from USD 23.0 billion in 2020 to USD 34.3 billion by 2027, at a
Hydrocarbons Refrigerants Market global outlook and forecast 2021 -2027
The Global Hydrocarbons Refrigerants Market research report is a careful examination of the worldwide industry which has been a region of enthusiasm for a Hydrocarbons Refrigerants makers, organizations, authorities, chiefs, and likely speculators, and analysts. The report profoundly lights up noteworthy features in the business, including a contention situation, condition, portions, showcase size, share, gainfulness, development potential, and advancements. The report likewise spins around
Green Refrigerants Market | AGC Inc., Arkema SA, ASPEN Refrigerants Inc., Daikin …
Green refrigerants are the refrigerants which have lower global warming potential and ozone depleting properties as compared to the synthetic refrigerants, which possess a major threat to the ozone layer. The collaborative efforts by countries worldwide is contributing in the process of suppressing the consumption of the widely used group of synthetic refrigerants such as Chlorofluorocarbons (CFCs) and Hydrochlorofluorocarbons (HCFCs), which resulted in depletion of the ozone layer and brought