Global HFC Refrigerant Market to Witness a Pronounce Growth During 2018 - QY research

The Global HFC Refrigerant Market is valued at 3790.52 million USD in 2017 and is expected to reach 2960.22 million USD by the end of 2023, growing at a CAGR of -5.71% between 2018 and 2023.The market in several growing economies of the Asia-Pacific and the Middle East & Africa is expected to witness high growth owing to the increasing spending power, growth in the infrastructure industry, and growth in the manufacture of consumer appliances. The growing food and healthcare industries are also driving the market as these industries require refrigerators for preserving drugs and food items. Moreover, increasing populations and rising consumption of frozen food are also contributing significantly to the growth of the refrigerants market in the Asia-Pacific. However, the market in the developed economies of Europe and North America is expected to witness slow growth due to changing trends regarding restrictions on the use of fluorocarbons under regulations of the Montreal Protocol Kigali Amendment.

This report studies the global HFC Refrigerant market status and forecast, categorizes the global HFC Refrigerant market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions.

The major players in global HFC Refrigerant market are:

Chemours

Arkema

Daikin

Mexichem

Honeywell

Linde

Zhejiang Juhua

Dongyue Group

Sanmei

Sinochem Group

Meilan Chemical

On the basis of product, the global HFC Refrigerant market is primarily split into:

R-134a

R-410A

R-407C

Others

On the basis on the end users/applications, this report covers:

Air Conditioner

Automotive Air Conditioner

Refrigerator

Others

Unit Considered and Currency

The statistical unit used in this report is “K MT”, which is used to indicate the volume (sales, production, consumption) of HFC Refrigerant by companies, regions, type and application covered in this report.

The currency used in the report is US dollar (USD)/US$, with market size indicated only in million USD.

For companies reporting their revenue/Revenue in million USD, revenue was collected from their annual reports, press news, interviewing and other sources like upstream suppliers, downstream customers and its competitors.

For companies that reported their revenues in other currencies, average annual currency exchange rate is used to convert the value to USD.

Currency exchange rates are converted to USD by using the average exchange rate for respective years until 2017.

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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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