Press release
Industrial Refrigeration System Market is projected to reach US$ 33.66 billion by 2025
The importance of refrigerant systems in industries such as food processing and storing, chemicals and pharmaceuticals, oil & gas and transportation industry globally has gained prominence over the years. This has led the manufacturers to continuously innovate and design technologically advanced refrigeration systems which marked a significant influence on the end users. Innovations in the field of refrigerants have witnessed several alternatives and up gradations like HFC to Ammonia and then Ammonia to CO2 and again Ammonia (NH3) and CO2 cascade
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The HFC used to be the most prominent refrigerant, however, owing to the disadvantages like high ODP (Ozone Depletion Potential) and high GWP (Global Warming Potential), highly inflammable characteristics and toxic nature compelled the manufacturers to replace the refrigerant with Ammonia (NH3). The refrigeration system with Ammonia has gained substantial popularity in the market owing to three distinctive advantages such as natural occurrence and thus is an environment-friendly gas, possesses extreme thermodynamic capabilities and require minimum heat transfer areas which facilitates the manufacturers to use smaller pipelines.
Industrial Refrigeration System Market - By Refrigerant Type
CO2
HFC
Ammonia (NH3)
Industrial Refrigeration System Market - By Application
Food Processing
Chemicals & Pharmaceuticals
Oil & Gas
Refrigerated Logistics
Industrial Refrigeration System Market - Companies Profiles
Carnot Refrigeration
Emerson Electric Co.
United Technologies Corporation
Innovative Refrigeration Systems, Inc.
Johnson Controls, International Plc.
Ingersoll-Rand PLC
Evapco, Inc.
GEA Group AG
Hussmann Corporation
Dover Corporation
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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