Press release
Refrigerants Market 2021: Top Performing Regions with Industry Size, Future Demand Status and Business Advancement plans till 2027
Global Refrigerants Market research provides an in-depth analysis of the market for the coming years. The research includes numerous sections as well as an examination of market trends and development drivers that are critical to the industry's success. The drivers, constraints, and opportunities are all included in this list.The Refrigerants Market is expected to register a CAGR of 7.4% over the forecast period 2021 – 2027
The Market Intelligence Data in the Global Refrigerants Market Report ranges from 2021 to 2027. The study provides an overview of the industry, including major drivers and risk factors. The study is divided into sections by leading worldwide manufacturers, with sales, revenue, and prices included where appropriate. It also assesses the competitive landscape of the major companies.
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Top Key Players: Chemours Company, Honeywell International Inc., Arkema S.A., Dongyue Group Co. Ltd, Asahi Glass Co., Ltd., Daikin Industries Ltd., Sinochem Corporation, Mexichem S.A.B. de C.V., The Linde Group, SRF Ltd..
Segment by Type:
Fluorocarbons
Inorganics
Hydrocarbons
Segment by Application:
Refrigerators
Chillers
Air Conditioners
Others
Regional Analysis:
Market Overview:
Refrigerants that include chlorofluorocarbons, ammonia, sulfur dioxide, and hydrocarbons, such as propane, are fluids that are used in heat pump and refrigeration cycle. They find applications in residential, industrial, and commercial sectors. Refrigerants are also commonly used in the automotive industry.
The key application segment of the refrigerant market is found to be the residential sector, which is projected to grow at a healthy CAGR of 9.50% through 2025. This is majorly attributable to the increasing sales of refrigerators and air conditioners worldwide. The trade of air conditioning machines witnessed a growth of 10% year on year in 2018, according to the latest findings by ITC. Furthermore, the rise in disposable personal income is allowing people to afford and purchase refrigerators and air conditioners, and the robust developing economies across the globe will further increase the sales of HVAC systems.
Refrigerant Market Growth Drivers:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
Table of content:
Report Overview
Market Trends and Competitive Landscape
Segmentation of Refrigerants Market by Types
Segmentation of Refrigerants Market by End-Users
Market Analysis by Major Regions
Product Commodity of Refrigerants Market in Major Countries
North America Refrigerants Landscape Analysis
Europe Refrigerants Landscape Analysis
Asia Pacific Refrigerants Landscape Analysis
Latin America, Middle East & Africa Refrigerants Landscape Analysis
Major Players Profile
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https://www.marketintelligencedata.com/reports/457532/global-refrigerants-market-research-report-2021?Mode=Ich_Shivam
Reasons to Purchase this report:
The industry analysis report offers actionable insights into the global Refrigerants industry and examines the major growth propellers, limitations, opportunities, and challenges existing in the market.
The research looked at current and past market circumstances in-depth to assist readers forecast market conditions for the next five years.
The research presents a comprehensive overview of the main businesses in the Refrigerants industry, as well as their long-term commercial growth strategies.
In-depth scrutiny of the Refrigerants business landscape with accurate market projections for the forecast period.
Impact of COVID-19 on the Refrigerants Market
The global pandemic COVID-19 has had a direct or indirect impact on the Refrigerants market. This research contains a distinct part that explains the pandemic's aftereffects in great detail. The comprehensive analysis examines the likely effects of the global financial crisis on Refrigerants.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
+1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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