Press release
Environmental Regulations to Shape Trajectory of HVAC Refrigerant Market
Market Research HUB
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HVAC systems are gaining increasing demand across the world due to the increasing disposable income of consumers. While traditional HVAC units did not include refrigeration, it has become increasingly popular in recent years and is likely to remain a key component of HVAC systems in the coming years. HVAC refrigerants are used in accordance with the requirements of particular consumers and environmental regulations governing the composition of the refrigerants, the latter becoming a prime concern after the discovery of the harmful effects of chlorofluorocarbons–a conventionally popular type of refrigerant–on the ozone layer.
The report studies the three key types of refrigerants used in HVAC units: Fluorocarbons, hydrocarbons, and inorganic refrigerants. In contrast to chlorofluorocarbons, fluorocarbons lack chlorine, which is responsible for the depletion of the ozone layer. This makes fluorocarbons a significant advance over CFCs. However, the lax nomenclature and regulatory policies in many countries have allowed CFCs to be sold as fluorocarbons, making it a key concern for the global HVAC refrigerant industry.
Geographically, the report studies the market for HVAC refrigerants in North America, China, India, Japan, Southeast Asia, and Europe. The 2011-2021 trajectory of the HVAC refrigerant market in each region is examined in the report, with a solid analysis of the market’s current figures providing the base for reliable forecasts regarding the market’s future development. The production and revenue figures of the HVAC refrigerant industry in each region are examined in the report, along with the industry’s pricing structure. The report also provides the shares of various applications of HVAC refrigerants in each regional market for the same. This information will provide readers with key indicators about which regions to target in the coming years.
Browse Full Report with TOC - http://www.marketresearchhub.com/report/global-hvac-refrigerant-market-research-report-2021-report.html
The report also studies the competitive landscape of the global HVAC refrigerant market by profiling the operations of key companies in the market. Leading players examined in the report include Airgas Refrigerants, Dongyue, Honeywell, Chemours, Arkema, Linde, Daikin Industries, NavinFluorine International, Climalife, and Sinochem Group. The profiles contain information regarding the manufacturing base of each major player, their role in the market for each type of HVAC refrigerant, and their revenue structure and production capacities.
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