Press release
Refrigerant Industry Forecast to 2025 Leading in Global Industry by Top Most Player – Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Linde Group, The Chemours Company
Global Refrigerant Market – Industry Trends and Forecast to 2025
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Global Refrigerant Market is expected to reach 2,019.96 Thousand Metric Tons by 2025 from 1,306.44 Thousand Metric Tons in 2017, at a CAGR of 5.7% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Points:
The Chemours Company is going to dominate the global Refrigerant market other players operating in this market are Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., 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.), A-Gas International, OZ-Chill Refrigerants, Shandong Yuean Chemical, Gas Servei S.A., Zhejiang Fotech International Co Ltd., Changsu 3F Fluorochemical Industry Co Ltd., Tazzetti SPA, Quimobasico among others.
The domestic household segment is dominating the global refrigerant market with 43.3%.
The refrigerator segment is expected to grow with the highest CAGR of 6.3% in the forecast period 2018 to 2025.
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Key Drivers:
The major factors driving the growth of this market are China focusing on natural refrigerants as advised by Chinese Ministry for Environmental Protection/Foreign Economic Cooperation Office China, technological changes such as low global warming potential refrigerants, growth in the cold chain market and increase in the disposable income leading to rise in purchasing power of consumer appliances. On the other hand, government regulation on cutting down hydrofluorocarbons emission, banned gases owing to regulation such as Significant New Alternatives Policy and increasing threats of ozone depletion and global warming may hinder the growth of the market.
Market Segmentation:
On the basis of industry type, the global refrigerant market is segmented into domestic household, industrial refrigeration, commercial racks & condensing units, and light commercial. In 2018, domestic household based market segment is expected to dominate the global refrigerant market with 43.3% market share and is expected to reach 897.02 thousand metric tons by 2025, growing with the highest CAGR of 6.1%.
On the basis of application type, the global refrigerant market is segmented into refrigerators, large scale refrigerators, chillers, air conditioners, heat pumps and others. In 2018, refrigerators based market segment is expected to dominate the global refrigerant market with 38.7% market share and is expected to reach 812.47 thousand metric tons by 2025, growing with the highest CAGR of 6.3%.
Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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Key Topics Covered:
1. INTRODUCTION
1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL REFRIGERANT MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED
2. MARKET SEGMENTATION
2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS
3. MARKET OVERVIEW
3.1. DRIVERS
3.1.1. CHINA FOCUSING ON NATURAL REFRIGERANTS AS ADVISED BY MEP/FECO CHINA
3.1.2. TECHNOLOGICAL CHANGES SUCH AS LOW GWP REFRIGERANTS
3.1.3. GROWTH IN THE COLD CHAIN MARKET
3.1.4. INCREASE IN THE DISPOSABLE INCOME LEADING TO RISE IN PURCHASING POWER OF CONSUMER APPLIANCES
3.2. RESTRAINTS
3.2.1. GOVERNMENT REGULATION ON CUTTING DOWN HFC EMISSION
3.2.2. BANNED GASES OWING TO REGULATION SUCH AS SNAP
3.2.3. INCREASING THREATS OF OZONE DEPLETION AND GLOBAL WARMING
3.3. OPPORTUNITY
3.3.1. CHANGES IN THE MARKET OWING TO PROTOCOLS SUCH AS EU-F-GAS AND MONTREAL PROTOCOL
3.3.2. PHASING OUT OF HFC & HCFC PAVING WAY FOR NEW TECHNOLOGIES
3.4. CHALLENGES
3.4.1. CHANGES IN REGULATION SUCH AS THE MONTREAL PROTOCOL
3.4.2. INCREASE IN COMPLEXITY OWING TO OLD REFRIGERANTS PHASING OUT
4. EXECUTIVE SUMMARY
5. PREMIUM INSIGHTS
6. GLOBAL REFRIGERANT MARKET, BY INDUSTRY
6.1. OVERVIEW
6.2. DOMESTIC HOUSEHOLD REFRIGERATION
6.2.1. HYDROCARBONS
6.2.1.1. PROPANE
6.2.1.2. ISOBUTANE
6.3. FLUROCARBON
6.3.1. HCFC’S
6.3.2. HFC
6.3.3. HYDROFLUOROOLEFINS
6.4. LIGHT COMMERCIAL REFRIGERATION
6.4.1. FLUOROCARBON
6.4.2. HCFC’S
6.4.3. HFC
6.4.4. HYDROFLUOROOLEFINS
6.4.5. CARBON DIOXIDE
6.4.6. HYDROCARBONS
6.4.7. LOW GWP ALTERNATIVE
6.4.7.1. PROPANE
6.4.7.2. ISOBUTANE
6.5. COMMERCIAL RACKS AND CONDENSING UNITS
6.5.1. CARBON DIOXIDE
6.5.1.1. HYDROCARBONS
6.5.1.2. PROPANE
6.5.1.3. ISOBUTANE
6.5.1.4. FLUROCARBON
6.5.1.5. HCFC’S
6.5.1.6. HFC
6.5.1.7. HYDROFLUOROOLEFINS
6.5.2. LOW GWP ALTERNATIVE
6.5.3. AMMONIA
6.6. INDUSTRIAL REFRIGERATION
6.6.1. CARBON DIOXIDE
6.6.2. HYDROCARBONS
6.6.2.1. PROPANE
6.6.2.2. ISOBUTANE
6.6.3. FLUROCARBONS
6.6.3.1. HCFC’S
6.6.3.2. HFC
6.6.3.3. HYDROFLUOROOLEFINS
6.6.4. LOW GDP ALTERNATIVE
6.6.5. AMMONIA
7. GLOBAL REFRIGERANT MARKET, APPLICATION
7.1. OVERVIEW
7.2. REFRIGERATORS
7.2.1. DOMESTIC
7.2.2. COMMERCIAL
7.2.3. TRANSPORT
7.3. LARGE-SCALE REFRIGERATORS
7.3.1. INDUSTRIAL
7.3.2. SUPER MARKETS
7.4. CHILLERS
7.4.1. CENTRIFUGAL
7.4.2. DISPLACEMENT
7.5. AIR CONDITIONERS
7.6. HEAT PUMPS
7.7. OTHERS
8. GLOBAL REFRIGERANT MARKET, BY REGION
8.1. OVERVIEW
8.2. NORTH AMERICA
8.2.1. U.S.
8.2.2. CANADA
8.2.3. MEXICO
8.3. ASIA-PACIFIC
8.3.1. CHINA
8.3.2. INDIA
8.3.3. JAPAN
8.3.4. SOUTH KOREA
8.3.5. AUSTRALIA
8.3.6. SINGAPORE
8.3.7. MALAYSIA
8.3.8. THAILAND
8.3.9. INDONESIA
8.3.10. PHILIPPINES
8.3.11. REST OF ASIA-PACIFIC
8.4. EUROPE
8.4.1. GERMANY
8.4.2. FRANCE
8.4.3. U.K.
8.4.4. ITALY
8.4.5. SPAIN
8.4.6. TURKEY
8.4.7. RUSSIA
8.5. BELGIUM
8.5.1. NETHERLANDS
8.5.2. SWITZERLAND
8.5.3. REST OF EUROPE
8.6. SOUTH AMERICA
8.6.1. BRAZIL
8.6.2. REST OF SOUTH AMERICA
8.7. MIDDLE EAST & AFRICA
8.7.1. SOUTH AFRICA
8.7.2. REST OF MIDDLE EAST & AFRICA
9. GLOBAL REFRIGERANT MARKET, COMPANY LANDSCAPE
9.1. COMPANY SHARE ANALYSIS: GLOBAL
9.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
9.3. COMPANY SHARE ANALYSIS: EUROPE
9.4. COMPANY SHARE ANALYSIS: APAC
10. COMPANY PROFILE
10.1. ARKEMA SA
10.1.1. COMPANY OVERVIEW
10.1.2. REVENUE ANALYSIS
10.1.3. PRODUCT PORTFOLIO
10.1.4. RECENT DEVELOPMENTS
10.2. DONGYUE GROUP LTD
10.2.1. COMPANY OVERVIEW
10.2.2. REVENUE ANALYSIS
10.2.3. PRODUCT PORTFOLIO
10.2.4. RECENT DEVELOPMENTS
10.3. HONEYWELL INTERNATIONAL INC.
10.3.1. COMPANY OVERVIEW
10.3.2. REVENUE ANALYSIS
10.3.3. PRODUCT PORTFOLIO
10.3.4. RECENT DEVELOPMENTS
10.4. THE CHEMOURS COMPANY
10.4.1. COMPANY OVERVIEW
10.4.2. REVENUE ANALYSIS
10.4.3. PRODUCT PORTFOLIO
10.4.4. RECENT DEVELOPMENTS
10.5. THE LINDE GROUP
10.5.1. COMPANY OVERVIEW
10.5.2. REVENUE ANALYSIS
10.5.3. PRODUCT PORTFOLIO
10.5.4. RECENT DEVELOPMENTS
10.6. DAIKIN INDUSTRIES, LTD.
10.6.1. COMPANY OVERVIEW
10.6.2. REVENUE ANALYSIS
10.6.3. PRODUCT PORTFOLIO
10.6.4. RECENT DEVELOPMENTS
10.7. MEXICHEM S.A.B. DE C.V.
10.7.1. COMPANY OVERVIEW
10.7.2. REVENUE ANALYSIS
10.7.3. PRODUCT PORTFOLIO
10.7.4. RECENT DEVELOPMENTS
10.8. SINOCHEM GROUP
10.8.1. COMPANY OVERVIEW
10.8.2. REVENUE ANALYSIS
10.8.3. PRODUCT PORTFOLIO
10.8.4. RECENT DEVELOPMENTS
10.9. AIR LIQUIDE
10.9.1. COMPANY OVERVIEW
10.9.2. REVENUE ANALYSIS
10.9.3. PRODUCT PORTFOLIO
10.9.4. RECENT DEVELOPMENTS
10.10. A-GAS
10.10.1. COMPANY OVERVIEW
10.10.2. COMPANY SNAPSHOT
10.10.3. PRODUCT PORTFOLIO
10.10.4. RECENT DEVELOPMENTS
10.11. SHANDONG YUE’AN CHEMICAL CO., LTD
10.11.1. COMPANY OVERVIEW
10.11.2. COMPANY SNAPSHOT
10.11.3. PRODUCT PORTFOLIO
10.11.4. RECENT DEVELOPMENTS
10.12. GAS SERVEI
10.12.1. COMPANY OVERVIEW
10.12.2. COMPANY SNAPSHOT
10.12.3. PRODUCT PORTFOLIO
10.12.4. RECENT DEVELOPMENTS
10.13. ZHEJIANG FOTECH INTERNATIONAL CO.LTD.
10.13.1. COMPANY OVERVIEW
10.13.2. COMPANY SNAPSHOT
10.13.3. PRODUCT PORTFOLIO
10.13.4. RECENT DEVELOPMENTS
10.14. TAZZETTI S.P.A.
10.14.1. COMPANY OVERVIEW
10.14.2. COMPANY SNAPSHOT
10.14.3. PRODUCT PORTFOLIO
10.14.4. RECENT DEVELOPMENTS
10.15. OZ-CHILL REFRIGERANTS
10.15.1. COMPANY OVERVIEW
10.15.2. COMPANY SNAPSHOT
10.15.3. PRODUCT PORTFOLIO
10.15.4. RECENT DEVELOPMENTS
10.16. SRF LIMITED
10.16.1. COMPANY OVERVIEW
10.16.2. REVENUE ANALYSIS
10.16.3. PRODUCT PORTFOLIO
10.16.4. RECENT DEVELOPMENTS
10.17. ASAHI GLASS CO., LTD
10.17.1. COMPANY OVERVIEW
10.17.2. REVENUE ANALYSIS
10.17.3. PRODUCT PORTFOLIO
10.17.4. RECENT DEVELOPMENTS
10.18. QUIMOBASICOS SA DE CV
10.18.1. COMPANY OVERVIEW
10.18.2. REVENUE ANALYSIS
10.18.3. PRODUCT PORTFOLIO
10.18.4. RECENT DEVELOPMENTS
10.19. CHANGSHU 3F FLUOROCHEMICAL INDUSTRY CO., LTD.
10.19.1. COMPANY OVERVIEW
10.19.2. COMPANY SNAPSHOT
10.19.3. PRODUCT PORTFOLIO
10.19.4. RECENT DEVELOPMENTS
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