Refrigerant Market is Driven by the Introduction of Low GWP Refrigerants

Refrigerant Market is forecasted to grow at 5.7% for 2018-2025 with factors such as rising threats of ozone depletion and global warming along with government regulations on cutting down HFC emission will hamper the growth of the market in emerging economies.

Refrigerant market has shown an exceptional penetration in developed economies in North America and Europe. Increasing industrialization in these regions will boost the growth of the market.

Refrigerant Market Scenario

According to Data Bridge Market Research the refrigerant market is witnessing a significant growth in the forecast period of 2018-2025 due to factors such as increasing demand of consumer appliances, expansion of cold chain market, surging disposable income of the people leading to more willingness to pay will uplift the growth of the market. On the other hand, increasing demand of natural refrigerants will further create new opportunities for the growth of the market.

Now the question is which are the other regions that refrigerant market is targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific refrigerant market in the forecast period of 2018-2025. The Data bridge market research new reports highlight the major growth factors and opportunities in the refrigerant market.

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New Refrigerant Market Developments in 2019

  • In March 2019, SAMSUNG announced the launch of GWP refrigerant R32 that will provide split system ranges to residential and commercial, while offer high efficiency and reduce installation time and cost.

Scope of the Refrigerant Market

Refrigerant market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia Pacific (APAC)as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the refrigerant market is further analyzed based on maximum granularity into further segmentation. On the basis of industry type, the market is segmented into domestic household, industrial refrigeration, commercial racks & condensing units, and light commercial. The application types, covered for the report are refrigerators, large scale refrigerators, chillers, air conditioners, heat pumps and others.  
  • Refrigerant is a type of substance in fluid form which is used to heat pump and refrigeration cycle while undergoes through a phase transition from liquid to gas and vice versa. They are also used in various applications such as refrigerators, large scale refrigerators, chillers, air conditioners, heat pumps and others.

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Key Pointers Covered in the Refrigerant Market Industry Trends and Forecast to 2025

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • Arkema SA
  • Dongyue Group Co. Ltd.
  • Honeywell International Inc.
  • The Linde Group
  • Daikin Industries Limited
  • Mexichem S.A.B. De C.V.
  • Sinochem Corporation
  • AGC Inc.
  • SRF Limited
  • Airgas, Inc.
  • A-Gas
  • OZ-Chill Refrigerants
  • Gas Servei
  • Zhejiang Fotech International Co.,Ltd.
  • Changshu 3F Zhonghao New Chemical Materials Co.,Ltd.
  • Tazzetti S.p.A
  • Quimobasicos S.A. de C.V.

Above are the key players covered in the report, to know about more and exhaustive list of Refrigerant companies contact us

Research Methodology: Global Refrigerant Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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