Press release
Natural Refrigerants Market to Reach USD 1.55 Billion by 2030, Growing at a CAGR of 4.5 Percentage
Natural Refrigerants Market
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The natural refrigerants market is gaining momentum as industries and governments prioritize sustainable and eco-friendly alternatives to traditional synthetic refrigerants. As the global push for reducing greenhouse gas emissions intensifies, natural refrigerants, such as CO2, ammonia, and hydrocarbons, are emerging as key solutions. These refrigerants have minimal impact on the environment, boasting low Global Warming Potential (GWP) and Ozone Depletion Potential (ODP), which aligns with the global shift towards greener technologies. With the increasing regulatory pressure and rising awareness about climate change, the demand for natural refrigerants is expected to grow across various sectors, including refrigeration, air conditioning, automotive, and food storage.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/118102/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Several factors are driving the expansion of the natural refrigerants market. Strict regulatory frameworks, such as the Kigali Amendment to the Montreal Protocol and the European F-Gas Regulation, are pushing industries to adopt low-GWP refrigerants. Additionally, technological advancements in refrigeration systems and the growing need for energy-efficient solutions are bolstering the market growth. Industries are opting for natural refrigerants due to their superior energy efficiency and cost-effectiveness in the long term. The increasing consumer preference for environmentally responsible products also encourages businesses to adopt sustainable refrigerant solutions, further accelerating market growth.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The natural refrigerants market is witnessing several key trends that are reshaping the industry. First, the adoption of CO2-based refrigeration systems is gaining traction, particularly in commercial refrigeration and supermarket applications, as CO2 offers significant energy savings. Second, ammonia-based refrigeration systems are widely used in large-scale industrial applications due to their efficiency and cost-effectiveness. In addition, the rise of hydrocarbon refrigerants, such as propane and isobutane, in household and small-scale refrigeration systems is becoming increasingly common. Furthermore, the automotive sector is seeing a shift towards natural refrigerants, driven by the growing demand for eco-friendly vehicle air conditioning systems. Overall, these trends highlight the move towards greener, more efficient, and sustainable refrigerant solutions across industries worldwide.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/request-sample/118102/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ:
Vietnam has shown significant potential for natural refrigerants, especially in the food & beverage industry, where refrigeration systems are essential. The government is increasingly adopting regulations in line with the Montreal Protocol to phase out HFCs, creating a fertile ground for natural refrigerants.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐:
Thailand is embracing natural refrigerants as part of its push towards sustainable refrigeration. The Thai government's incentives for green technologies are driving demand for ammonia and CO2 refrigeration systems, particularly in the retail and commercial sectors.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐ฉ๐๐ง:
Japan continues to lead in the adoption of advanced refrigeration technologies. The growing popularity of CO2-based refrigeration systems in supermarkets and cold storage facilities highlights Japan's trend toward green refrigeration solutions.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
South Korea has set ambitious environmental targets and is witnessing a rise in the use of natural refrigerants in industrial applications. The country's emphasis on sustainable practices is fueling the demand for natural refrigerants in the HVAC industry.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐:
Singapore is positioning itself as a regional hub for sustainable refrigeration solutions. With an increasing number of local and international firms focusing on natural refrigerants, there is consolidation in the market, leading to partnerships and joint ventures in the sector.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐:
In the United States, regulatory pressures from agencies such as the EPA are accelerating the shift towards natural refrigerants. Recent updates to the Clean Air Act and the American Innovation and Manufacturing (AIM) Act are pushing industries to adopt CO2, ammonia, and hydrocarbons.
๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐:
Europe remains a leader in the adoption of natural refrigerants. The European Union's HFC phase-out regulations and the adoption of low-GWP (Global Warming Potential) refrigerants in both residential and commercial applications are propelling the market forward. Companies like Danfoss and Carrier are pioneering the adoption of CO2-based solutions.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/118102/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
by Type
Ammonia (R-717)
Carbon Dioxide (R-744)
Hydrocarbons
Other
by End-Use
Commercial
Industrial
Domestic
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ซ๐ข๐ ๐๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Linde Group
2. Airgas Inc.
3. A-Gas International
4. Sinochem
5. Puyang Zongwei Fine Chemical Co. Ltd.
6. Shangdong Yueon Chemical Co. Ltd.
7. Alfa Laval
8. Dorin S.p.A.
9. Energy Recovery, Inc.
10. engas Australasia
11. Evonik Industries AG
12. GEA Group Aktiengesellschaft
13. HyChill Australia
14. Intergas Heating Ltd
15. Johnson Controls, Inc.
16. Natural Refrigerants Co.
17. Nidec Global Appliance
18. PuyangZhongwei Fine Chemical Co.,Ltd
19. Secop GmbH
20. Shandong Yuean New Material Co., Ltd.
21. TazzettiS.p.A. ("Tazzetti")
22. TEKO Gesellschaft fur
23. KaltetechTemprite Company
24. True Manufacturing Co., Inc.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-natural-refrigerants-market/118102/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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