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Refrigerants Market 2023 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Arkema SA, Dongyue Group Co Ltd., Honeywell International Inc., The Chemours Company, Daikin Industries
Refrigerants Market
As per the refrigerants market report by The Business Research Company, the rising demand for air conditioning is expected to drive the growth of the refrigerants market in the coming years.
The global refrigerants market size grew from $22.93 billion in 2022 to $25.34 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The refrigerants market size is expected to grow to $34.23 billion in 2027 at a CAGR of 7.8%.
Read More On The Refrigerants Market Report Here:
https://www.thebusinessresearchcompany.com/report/refrigerants-global-market-report
Major players in the refrigerants market are Arkema SA, Dongyue Group Co Ltd., Honeywell International Inc., The Chemours Company, Daikin Industries, Gujarat Fluorochemicals Limited, and Navin Fluorine International Ltd.
The Refrigerants market is segmented -
1) By Type: Halocarbons, Azeotropic, Zeotropic, Inorganic Refrigerants, Hydrocarbons, Other Types
2) By Application: Air Conditioners, Refrigerators, Chillers, Heat Pumps, Electronics Devices, Other Applications
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The refrigerants can be used as primary working fluids in absorption refrigeration systems or as secondary fluids to transmit thermal energy from one medium to the other. A refrigerant is a chemical blend of fluids that serves as a cooling agent in heat pumps and refrigeration cycles. It operates on the concept of phase transition, which converts liquid to gas and vice versa at varying temperatures.
The Table Of Content For The Refrigerants Market Include:
1. Executive Summary
2. Refrigerants Market Characteristics
3. Refrigerants Market Trends And Strategies
4. Refrigerants Market - Macro Economic Scenario
5. Refrigerants Market Size And Growth
……
27. Refrigerants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Refrigerants Market
29. Refrigerants Market Future Outlook and Potential Analysis
30. Appendix
The "Global Refrigerants Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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