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R-125 Refrigerant Market Size, Competitive Analysis, Share, Forecast- 2019-2025
R-125 Refrigerant Market
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The impact of these new rules will dramatically alter the way heating and cooling applications are performed in a wide range of industries over the course of the coming years. Therefore, a close co-operation exists with scientific institutions, the refrigeration and oil industries, and component manufacturers as well as numerous innovative refrigeration and air conditioning companies. Although R-125 refrigerant has no ozone depletion potential but has high global warming potential, this presents a big obstruction to the market growth.
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The newly revised version of the European F-Gas Regulation states that from 2020, the use of refrigerants with a high global warming potential (GWP) will be prohibited in the European Union, including for service and maintenance work. As a result of this, manufacturers are already creating new refrigerant mixtures with lower global warming potentials. A refrigerant’s GWP value is not the only factor that has a major effect on its climate compatibility. A refrigerant always has to be looked at in terms of the efficiency throughout its life cycle. Depending on how it is used, it can be inefficient with regard to the energy consumed through its use even if it has a low GWP value.
Key R-125 refrigerant providers include Arkema, Honeywell International Inc., Daikin, Mexichem, and The Chemours Company, among others. These companies focused on product innovation, mergers, geographical expansions, and other strategies to gain grounds in what is becoming an increasingly competitive market. For instance, in 2015, Honeywell, an American refrigerant provider, launched four new refrigerants including Solstice zf, Solstice ze, Solstice N13, Solstice N40 for utilization in industrial cooling and supermarket refrigeration. The products had low global warming potential.
Global R-125 Refrigerant Market - Segmentation
By Type
HCFC-123
HCFC-124
By Application
Extinguishant
Air Conditioners
Industrial Refrigeration
Global R-125 Refrigerant Market – Segment by Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Airgas, Ltd.
Arkema S.A.
Brimes.PH
Daikin Industries, Ltd.
Dongyue Group
Halotron
Honeywell Internationals, Inc.
Jiangsu Meilan Chemical Co., Ltd.
Linde Group
Linhai Limin Chemicals Co., Ltd.
Mexichem S.A.B. de C.V. (Orbia)
Shanghai 3f New Material Co., Ltd.
SRF, Ltd.
The Chemours Company
ZheJiang Yonghe Refrigerant Co., Ltd.
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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