Huge popularity for green and safe Refrigerants propels the market growth over a period of time 2019-2025- Honeywell International Inc. (U.S.), Daikin Industries Ltd. (Japan), SRF Ltd. (India), Arkema S.A. (France).
Refrigerant is a working liquid which regulates and controls the refrigeration cycles and heat exhausting activities; it goes transition from liquid to gas and vice versa.
Good refrigerants must be non combustible and toxic free with moderate thermodynamic character and non corrosive to machine equipments.
Perflourocarbons and Hydroflourocarbons are commonly used as eco friendly refrigerants which yield less harmful effects on ozone layers.
Browse Refrigerant Market Outlook Report @ https://www.oganalysis.com/industry-reports/211805/refrigerant-market
The scope of OG Analysis report is to present Refrigerant Market based on segmentation by HCFC, HFC, HFO, Isobutane, Propane, Ammonia, and CO2 Types, by Refrigerators, Large-scale Refrigerators, Chillers, Air Conditioners and Heat Pumps Applications and region wise.
• North America
• South and Central America
Refrigerant Market size, price & production:
The Qualitative and Quantitative Refrigerant Market value is estimated to report a year-on-year increase of 4.92% during 2019 over 2018. The demand of increased production of Refrigerants is mainly contributed by developing countries as a result of population thickening.
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Refrigerant Market analysis & demand:
Global increase in the large scale production of Refrigerators, freezing boxes, chillers and air conditioners for Commercial, Domestic and Transport Sectors has eventually sized up the Refrigerant Market. Cost effective, green and safe refrigerant entice the market growth owing to threats of ozone depletion and global warming.
North America, leaded by U.S and Asia-pacific, leaded by China are the largest producers of Consumer Electronic goods and Automotives which project high demand for Refrigerants Market.
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• Honeywell International Inc. (U.S.)
• Daikin Industries Ltd. (Japan)
• SRF Ltd. (India)
• Arkema S.A. (France).
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