Press release
Natural Refrigerants Market to reach USD 1.49 Bn by 2029, emerging at a CAGR of 4.5 percent and forecast 2023-2029
Natural Refrigerants Market
Report Scope: The report covers the Global Natural Refrigerants Market, segmented by Type (Ammonia Refrigerant, Hydrocarbon Refrigerant, CO2 Refrigerant, Others Refrigerant), Application (Commercial Refrigeration, Industrial Refrigeration, Domestic Refrigeration, Stationary Air Conditioning, Mobile Air Conditioning, Others), Industry Trends, and Restraints.
Research Methodology: The data for this report was collected through a combination of primary and secondary research. Secondary data was sourced from internal databases, paid sources, annual reports of businesses, government news releases, price databases, and more. The bottom-up approach was used for market estimation. Country-level analysis was conducted by analyzing regional players and consumer behavior. Key players analyzed include LG Electronics, Haier Group, Sony Corporation, and others.
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Natural Refrigerants Market Dynamics:
Drivers: The increasing use of Natural refrigerants is driving market growth due to their energy efficiency, cost savings, and sustainability. They are more eco-friendly compared to conventional refrigerants, containing ammonia, hydrocarbons, and carbon dioxide derived from natural resources.
Restraints: Safety concerns related to flammable refrigerants, particularly hydrocarbons, pose challenges. To address this, safety features such as hermetic seals have been implemented to prevent explosions.
Natural Refrigerants Market Regional Insights:
The natural refrigerants market, valued at USD xx million in 2022, is driven by regulations limiting HFC usage and promoting natural refrigerants. Europe is the largest market, driven by environmental concerns and emissions regulations. Asia-Pacific ranks second, followed by North America. Manufacturers are expanding their distribution networks to capitalize on increased demand resulting from regulations.
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Natural Refrigerants Market Segmentation:
by Vessel Size
Very Large Gas Carriers (VLGC)
Large Gas Carriers (LGC)
Medium Gas Carriers (MGC)
Small Gas Carriers (SGC)
by Refrigeration & Pressurization
Ethylene
Full Refrigerated
Semi Refrigerated
Full Pressurized
Natural Refrigerants Market Key Players:
1.StealthGas Inc.
2.Dorian LPG Ltd.
3.BW Group
4.Hyundai Heavy Industries Co. Ltd.
5.Kawasaki Heavy Industries Ltd.
6.DSME
7.Mitsubishi Heavy Industries Ltd.
8.The Great Eastern Shipping Co. Ltd.
9.Kuwait Oil Tanker Company
10.DAE Sun Shipbuilding and Engineering Co. Ltd.
11.Namura Shipbuilding Co. Ltd.
12.EXMAR
13.STX Corporation
14.PT Pertamina
15.Epic Gas Ltd.
16.Meyer Turku
17.Hanjin Heavy Industries Ltd.
18.Hijos de J. Barreras
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Table of content for the Natural Refrigerants Market includes:
1. Global Natural Refrigerants Market: Research Methodology
2. Global Natural Refrigerants Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Natural Refrigerants Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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