Global Transcritical CO2 Market is Driven by Increasing Threats of Ozone Depletion and Global Warming

Transcritical CO2 Market is estimated to grow at 9.34% for 2019-2026 with factors such as high cost of installation along with rising demand of natural ingredients in commercial as well as industrial applications will hinder the growth of the market in emerging economies.

Transcritical CO2 market has shown an exceptional penetration in developed economies in North America. Increasing demand of energy and cost saving technologies will help in driving the growth of the market.

Transcritical CO2 Market Scenario

According to Data Bridge Market Research the transcritical CO2 market is witnessing a significant growth in developing economies during the forecast period of 2019-2026 due to factors such as surging demand from food processing industry and supermarkets along with government regulations on cutting down HCFC emission, excellent and reliable performance of CO2 system and rising number of installations which will help in boosting the growth of the market.

Now the question is which are the other regions that transcritical CO2 market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific transcritical CO2 market and the market leaders targeting Australia and Japan to be their next revenue pockets for 2020. The Data bridge market research new reports highlight the major growth factors and opportunities in the transcritical CO2 market.

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Transcritical CO2 Market Development in 2019

  • In February 2019, Cryogiam S.r.l. announced the launch of Co2 Transcritical condensing units and double compressor systems range that will is designed to operate in ambient temperature of 40°C to decrease footprint while provide easy installation and accessibility with high water resistance to provide auxiliary cooling system.  

Scope of the Transcritical CO2 Market

Transcritical CO2 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 transcritical CO2 market is further analyzed based on maximum granularity into further segmentation. On the basis of end-user, the market is segmented into retail, household appliances, marine, food processing industries, transportation, ice skating rinks and others.
  • Transcritical CO2 is a type of system which is used in air conditioning as well as refrigeration in beverage coolers and water chillers and some other industrial & domestic applications. Due to the various properties such as zero ODP, which allows heat rejection, low GWP value as compared to other refrigerants can be used for low & medium temperature applications and can be used in all environmental conditions.  

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Key Pointers Covered in the Transcritical CO2 Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • 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

  • Carrier Commercial Refrigeration
  • SCM Frigo S.p.A
  • Emerson Electric Co.
  • Danfoss A/S
  • Dorin S.p.A
  • Baltimore Aircoil Company
  • Bitzer SE
  • LMP Systems
  • Henry Group Industries
  • Panasonic Corporation
  • Carel Industries S.p.A
  • Parker Hannifin Corp.
  • GEA Group Aktiengesellschaft
  • Hussmann Corporation
  • Kysor Warren Corp
  •  LU-VE S.p.A
  • Ritchie Engineering Co., Inc.
  • Thermal Transfer Technology Limited

Above are the key players covered in the report, to know about more and exhaustive list of Transcritical CO2 companies contact us

Research Methodology: Global Transcritical CO2 Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated 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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