Refrigerant Market Segments, Industry News, Regional Analysis and Forecast to 2027|Global Market Player - Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Linde Group

Market Insights
Refrigerant market will be expected to grow at a rate of 4.90% for the forecast period of 2020 to 2027. Refrigerant market report analyses the growth, which is currently being growing due to the rising demand of the consumer appliances.

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The growing demand of the cooling equipment in developing economies, growth of the cold chain market, rising number of applications from automotive industry, increasing preferences towards the consumption of frozen food and dairy products which will likely to enhance the growth of the refrigerant market in the forecast period of 2020-2027. On the other hand, rising demand of the natural refrigerant along with technological changes such as low GWP refrigerant and rising disposable income of the people which will further bring ample opportunities for the growth of the refrigerant market in the above-mentioned forecast period.
Growing number of stringent regulations regarding fluorocarbon refrigerant along with toxicity and flammable issues are acting as market restraints for the growth of the refrigerant in the above-mentioned forecast period.

Major Market Players Covered in the Refrigerant Market Are:
The major players covered in the refrigerant market report are Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Linde Group, Daikin Industries Limited, Mexichem S.A.B. De C.V., Sinochem Corporation, AGC Inc., SRF Limited, Airgas, Inc., A-Gas, Shandong Yuean Chemical, Gas Servei S.A., Zhejiang Fotech International Co Ltd., Changsu 3F Fluorochemical Industry Co Ltd., Tazzetti SPA, QUIMOBASICOS SA DE CV, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Asia-Pacific dominates the refrigerant market due to the rising disposable income of the growing population along with rapid industrialisation and urbanization. North America region is expected to hold the largest growth rate due to the rising number of technological advancement along with rising concern over food wastage.

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Global Refrigerant Market Scope and Market Size

Refrigerant market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
• On the basis of type, refrigerant market is segmented into mineral oils, paraffinic oils, synthetics, chemical aromatics, chlorofluoro carbon (CFC), hydrofluoro carbon (HFC), HCFC, hydrofluoroolefin (HFO), carbon dioxide, ammonia, propane, mixed refrigerants /blend, and others. Synthetics have been further segmented into PAO, PAG, silicones and glycol based fluids. Chlorofluoro carbon (CFC) has been further segmented into R11, R12, R113, R114, R115, R13, R14, R500, R502, R503, others. Hydrofluoro carbon (HFC) has been further segmented into R23, R116, R134A, R32, R125, R143a, R407C & R407F, others. HCFC has been further segmented into R22, R123, R124, R133, R401 (A,B), R402 (A,B), R408A, R409A & others.
Refrigerant market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for refrigerant market includes refrigeration systems, chillers, air-conditioning systems, and Mac (mobile air conditioning system). Refrigeration systems have been further segmented into domestic refrigeration, commercial refrigeration, and industrial refrigeration. Air-conditioning systems have been further segmented into window Ac, split Ac, VRF (variable refrigerant flow), and others.

Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific

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Strategic Points Covered in Table of Content of Global Refrigerant Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports

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