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Global Refrigerant Market 2021 Analysis and Precise Outlook - Honeywell, Mexichem, Daikin, Arkema, Linde, Navin Fluorine International

06-14-2021 02:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Insights Reports

The Global Refrigerant Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Refrigerant Market are Chemours, Honeywell, Mexichem, Daikin, Arkema, Linde, Navin Fluorine International, GFL, Dongyue Group, Zhejiang Juhua, Meilan Chemical, Sanmei, 3F, Yuean Chemical, Ying Peng Chemical, Yonghe Refrigerant, Limin Chemicals, China Fluoro Technology and others.

Refrigerant market will register a 0.7% CAGR in terms of revenue, the global market size will reach US$ 3785.9 million by 2026.

Click the link to get a free Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/05202913224/global-refrigerant-market-growth-2021-2026/inquiry?Mode=68         

Industry News

April 7, 2021: TEGA GmbH (Würzburg, Germany) has announced the acquisition of Linde plc’s Austrian refrigerant business. Thanks to the many years that TEGA has acted as Linde Austria’s reliable refrigerants supplier, critical stock and supply capacities are already in place for the smooth transition of serving refrigerant customers in Austria directly. TEGA’s local subsidiary, TEGA Austria GmbH, is based in Enns (near to Linz) and includes a sales office and local warehouse

4 Feb 2020: Honeywell announces new alternative to R134a refrigerant. Honeywell has revealed details of its new lower GWP refrigerant replacement for R134a in new medium temperature commercial refrigeration, chillers and heat pumps.

Segment by Types:
HCFC

HFC

HC

Other

Segment by Applications:
Air Condition

Automotive Air Conditioner

Refrigerator

Others

APAC is expected to account for the largest share of the refrigerants market during the forecast period.

APAC is estimated to be the largest market for refrigerants due to its growing economy and increasing population. With industrialization and growing employment, disposable income is expected to increase. This dominance of APAC is mainly due to the increasing population and improving lifestyles at each financial stratum. The demand for refrigerants is dependent on their usage in applications such as domestic, commercial, industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. Companies are investing more in R&D to find out more environmentally friendly refrigerants for applications in refrigeration and air-conditioning systems.

Europe is expected to be one of the largest refrigerants markets during the forecast period.

The EU has implemented two legislative acts – the Mobile Air Conditioning directive and the F-gas Regulation. The Mobile Air Conditioning directive prohibits the use of fluorinated gasses in air conditioning systems installed in small motor vehicles. The F-gas Regulation focuses on improving the leakages of fluorinated gases and avoiding the use of these gases where alternatives are cost-effective. Such stringent regulations have led to the banning of HCFCs and HFCs, which is why these segments are expected to witness a negative CAGR during the forecast period. The demand for these refrigerants is expected to be absorbed by HFO, ammonia, carbon dioxide, and natural refrigerants such as isobutene and propane.

Explore Full Report with Detailed TOC Here:

https://www.marketinsightsreports.com/reports/05202913224/global-refrigerant-market-growth-2021-2026?Mode=68         

There are 13 Sections to show the global Refrigerant market:

Chapter 1: Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
Chapter 2: Market competition by Manufacturers
Chapter 3: Production by Regions
Chapter 4: Consumption by Regions
Chapter 5: Production, By Types, Revenue and Market share by Types
Chapter 6: Consumption, By Applications, Market share (%) and Growth Rate by Applications
Chapter 7: Complete profiling and analysis of Manufacturers
Chapter 8: Manufacturing cost analysis, Raw materials analysis, Region-wise manufacturing expenses
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Market Forecast
Chapter 13: Refrigerant Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, researchers throw light on the pinpoint analysis of Global Refrigerant Market dynamics. It also measures the sustainable trends and platforms which are the basic roots behind the market growth. The degree of competition is also measured in the research report. With the help of SWOT and Porter’s five analysis, the market has been deeply analysed. It also helps to address the risk and challenges in front of the businesses. Furthermore, it offers extensive research on sales approaches.

CONTACT US:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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