openPR Logo
Press release

Refrigerants Market 2018 Global Analysis, Industry Growth and Forecast To 2023

Refrigerants Market 2018 Global Analysis, Industry Growth

The global refrigerant market is estimated to be $ 15 billion and will grow at a CAGR of 4.7 and reach around $ 20 billion by 2023. The major factors contributing towards the growth of refrigerant market ban on use harmful fluorocarbon refrigerants. The uses of fluorocarbon refrigerants have had a severe indirect effect on the environment causing ozone depletion. The fluorocarbon refrigerants has very high global warming potential (GWP) and ozone depletion potential (ODP). The release of these refrigerants in the atmosphere is causing thinning of the ozone layer. Varios regulations such as Montreal protocol and the Kyoto protocol, EU F-gas phase down plan and many more are significantly are posing huge challenges to the refrigerant market

The Global Refrigerants Market report 2018 covers deep dive segmentation in every aspect by type, application, application, end-user and region. The report covers key parameter competitors analysis, product benchmarking, customer analysis, and value chain analysis, pricing analysis, country specific analysis, market trends & forecasts, market entry strategy, new product assessment, new application identification, opportunity analysis.

Get the Research Sample Copy of this Report @ http://supplydemandmarketresearch.com/home/contact/6235?ref=Sample-and-Brouchure&toccode=SDMRCH6235 .

Due to ban of CFC’S, HCFC’S and HFC’s the demand for green or natural refrigerants will high in the next five years. Various natural refrigerants such as ammonia, hydrocarbons, CO2, water and air have very global warming potential (GWP) and ozone depletion potential (ODP). Companies have undertaken green initiatives by switching to natural refrigerants. Coco-Cola are targeted to be 100% free from HFC free and use natural refrigerant CO2 in their new cold drink equipment’s by 2020. HFO refrigerants, or Hydrofluro-Olefins, are a new class of refrigerants which have very less global warming potential as compared to HFC alternatives. HFO ‐1234yf has very less GWP almost 335 times than its HFC alternatives. Companies such as Honeywell, DuPont have begun producing HFO refrigerants.

The market has been classified on the basis of refrigerant types such as Fluorocarbons (CFC’s, HCFC’s, HFC’s and HFO’s), Inorganic refrigerants (Ammonia, Carbon Di-oxide and Water), Hydrocarbons (Iso-butane, Propane and others). Being traditional refrigerant, fluorocarbon continuous to dominate the market capturing the major share.

On the basis of application, the market has been segmented into Air-conditioners and Refrigeration. The Air-conditioning segment captured the largest share in 2017 mainly due technological advancements, growing demand for window mounted room air conditioner, portable air conditioner in various applications.

Make an Inquire of this Report @ http://supplydemandmarketresearch.com/home/contact/6235?ref=Make%20an%20enquiry&toccode=SDMRCH6235

Asia-Pacific will capture the largest share in 2017 followed by Europe and North America. Asia-Pacific will continue to dominate the market mainly due to high consumption potential, increasing standard of living, increasing production capacities, and high economic growth rate. In Asia-Pacfic, some of the key players are Dongyue Group Co., Puyang Zhongwei Fine Chemical Co, Shandong Yuen Chemical Industry Co. Ltd, and Sinochem Group, Gujrat Fluorochemicals Ltd, Navin Fluorine International Ltd (India), and SRF Ltd; and Daikin (Japan).

The market is highly regulated by various regulations such as F-Gas Regulation, MAC Directive, Ozone Depleting Substances, Kyoto Protocol, and Montreal Protocol , Significant New Alternative Policy (SNAP) by E.P.A, E.P.A : Proposal to ban HFC by 2016, Japan: Revised F-Gas law, China- FECO: First Catalogue of Recommended Substitutes for HCFCs, China: Room Air Conditioning Industry HCFC Phase-out Management Action Plan, Chile: New MEPS for domestic refrigeration by 2016 have been studied in-depth along with their impacts.

Key innovative strategies such as new product launch, mergers and acquisitions, partnership agreements and have been adopted by the market leaders. In 2017, Daikin launched R-407H refrigerant, which has around 62%*1 lower global warming potential (GWP) as compared to R-404A. The major players in this market are Daikin Industries, SRF Limited, Air-Liquide, Linde Gas, Sinochem Group, Gujarat Flurochemicals, Asahi Glass, Mexichem, Chemours, Honeywell International, Dongyue Group, and Harp International

Get the Full Research Copy of this Report @ http://supplydemandmarketresearch.com/home/toc_publisher/6235?code=SDMRCH6235#Buy_now .

Table of Contents

Introduction

Executive Summary

Refrigerantss, By Type

Demand Side Analysis

Refrigerants Market, By Application

Refrigerants Market Analysis, By Region   

Supply Side Analysis and more………

Contact Us:

sales@supplydemandmarketresearch.com

http://supplydemandmarketresearch.com/

Phone: +91 9607683178

Contact Us - 1-778-686-7521
Email - sales@supplydemandmarketresearch.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 2018 Global Analysis, Industry Growth and Forecast To 2023 here

News-ID: 1383220 • Views: 322

More Releases from Supply Demand Market Research

Marketing Automation Software Market Size, Scope, Share, Insight and Forecast An …
Global Marketing Automation Software Market research report provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. Owing to the increasing significance of marketing in generating sales and customer retention, marketing services are witnessing a rise in their spending. The market is
3D 4D Technology Market Analysis, Outlook, Size, Share, Key Companies | Samsung …
Global 3D 4D Technology Market research report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The 3D 4D Technology market analysis is provided for the Global markets including development trends, competitive landscape analysis, and key regions development status. Some of the factors contributing to the growth of 3D and 4D technology market are the growing gaming and entertainment industry. The generation of 3D movies
Computer Storage Devices Market Size, Shares, Analysis, Consumption By Western D …
Global Computer Storage Devices Market reports cover detailed competitive outlook including the market share and company profiles of the key participants operating in the Global market. The Computer Storage Devices market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. The industry is benefiting from increasing utilization of high-storage mobile devices. Widespread use of streaming
Metal Additive Manufacturing Systems Market By Key Players: Arcam, EOS, ExOne, R …
Global Metal Additive Manufacturing Systems Market research report covers the existing scenario and the progress prospects of the Metal Additive Manufacturing Systems Industry for 2019-2024. This Report covers the perceptive data for business strategists, Growth Prospects and historical & futuristic cost and revenue over the coming years and discussion of the key vendors effective in this market A key factor driving the growth of this market is the increase in demand

All 5 Releases


More Releases for Refrigerants

Natural Refrigerants Market Report By Type, Application & Regions 2017-2024
The report gives the clear picture of current Natural Refrigerants Market scenario and the predicted future of the industry. The report focuses on the basis of market drivers, restraints, growth, trends and forecast for the period of 2017-2024. In addition, the report also maps the market performance by value chain analysis which will help in better product differentiation along with the analysis of each segment in terms of opportunity, market
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
Fluorine Refrigerants Market to Record an Exponential CAGR by 2025
The latest report on the Fluorine Refrigerants market closely surveys, examines and offers vital statistics on the Fluorine Refrigerants market for the forecast period 2018 - 2025. This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the
Secondary Refrigerants Market Progresses for Huge Profits During 2016 - 2026
Maintaining the desired liquid levels in a refrigeration plant is a very essential part of scrutiny and maintenance of the system. Proper liquid levels help to maintain optimum performance and reduce the energy consumption. Secondary refrigerant is a fluid that is used to transfer heat from the substance that is being cooled by heat exchanger. After being cooled, this liquid is transferred from a series of pipes to the cooling
Natural Refrigerants Market Report Explored in Latest Research
Natural refrigerants are synthesized through a biochemical processusing natural resources. Growing concern regarding global warming and other environmental issueshas increased the need for natural refrigerants. Natural refrigerants such as ammonia, carbon dioxide, and hydrocarbons are processed from natural resources and are more eco-friendly as compared to conventional refrigerants.On the basis of application, the natural refrigerants market can be segmented into industrial refrigeration, commercial refrigeration, domestic refrigeration, stationary air conditioning refrigerants,
Global Secondary Refrigerants Market: Estimates and Forecasts by 2026
Introduction Maintaining the desired liquid levels in a refrigeration plant is a very essential part of scrutiny and maintenance of the system. Proper liquid levels help to maintain optimum performance and reduce the energy consumption. Secondary refrigerant is a fluid that is used to transfer heat from the substance that is being cooled by heat exchanger. After being cooled, this liquid is transferred from a series of pipes to the cooling