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Global Refrigerant Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape by 2024
Global Refrigerant Market Trends 2024
The global refrigerant marketaccounted for USD 14.9billion in 2016 and is projected to grow at a CAGR of 4.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers:
• Increasing demand for consumer appliances
• Growing cold chain industry
• Technological advancements in the refrigeration market
Market Restraint:
• Flammability and toxicity issues
• Stringent regulations regarding gas emissions
Global Refrigerant Major Market Competitors:
Some of the major players in the refrigerant market includeArkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Chemours Company, The Linde Group, Daikin Industries Limited, Mexichem S.A.B. De C.V., Sinochem Corporation, Asahi Glass Co., Ltd. (AGC), SRF Limited, Air Liquide (Airgas Refrigerants Inc.) Gujarat Fluorochemicals Ltd., Navin Fluorine International Ltd, A-Gas International, Oz-Chill Refrigerants, PuyangZhongwei Fine Chemical, Shandong Yuean Chemical, Harp International, Quimobasico, Zhejiang Juhua Co Ltd, Tazzetti SPA, Gas Servei S.A., Zhejiang Fotech International Co Ltd, Refrigerant Solutions, Changsu 3f Fluorochemical Industry Co Ltd and many more.
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Global Refrigerant MarketSegmentation:
The refrigerantmarket is segmented on the basis of typeinto
• Fluorocarbons
• Inorganics
• Hydrocarbons
On the basis of application, the market is segmented into refrigerators, large-scale refrigerators, chillers, air conditioners, heat pumps.
On the basis of geography, the refrigerant market report covers data points for 28 countries across multiple geographies such as
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Global Refrigerant Market Competitive Landscape:
The global refrigerant market is highly fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Data Bridge Market Research
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
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