The report on the Global Refrigerant Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Refrigerant is a fluidic constituent used in various refrigeration systems. Refrigerant is used for cooling purpose in industries like food and beverages, pharmaceuticals, automotives and other end users. Chlorofluorocarbons and Hydrochlorofluorocarbons have become extinct due to ozone depletion and environmental concerns. In order to overcome this, natural and alternate refrigerants are used on a large scale. Alternative but effective refrigerants like CO2 R-744, R-404A, R-407C and R-410A are used as modern refrigeration techniques. These techniques are adopted to minimize environmental issues largely.
Global refrigerants market is segmented by types as fluorocarbon, chlorofluorocarbons (CFC), hydrochlorofluorocarbons (HCFC), hydrofluorocarbons (HFC), inorganics, hydrocarbons and others. Applications segment the global refrigerants market in two major types as refrigeration and air conditioning. Refrigeration includes sub-segments as domestic refrigeration, commercial refrigeration, transportation refrigeration and industrial refrigeration; and air conditioning (AC) including stationary air conditioning, chillers and mobile air conditioning.
Growth of food, beverages and automotive industry are the major driving factors of the global refrigerant market. In addition, increasing demand for refrigerants by transportation and other end user industries is rapidly driving global refrigerant market. Global warming and changing climatic patterns have led to increased use of commercial and residential air conditioners (ACs). This is another essential factor driving the global refrigerants market. Moreover, use of advanced technology in refrigeration is anticipated to drive refrigerant market for the forecast period. Stringent regulations and environmental concerns are the major factors restraining the global refrigerants market.
Global refrigerants market is segmented by geography as Europe, North America, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific is the leading geography in the global refrigerants market in terms of demand.
Key participants in global refrigerants market include:
- Daikin Industries Ltd.
- SRF Ltd.
- Honeywell International
- Arkema SA
- Mexichem Fluor S.A. de C.V.
- Solvay SA.
- Dongyue Group
- E.I. du Pont de Nemours & Co.
- Gujarat Fluorochemicals Limited
- Navin Fluorine International Ltd.
SEGMENTATIONS IN REPORT:
Refrigerant By Types:
- Fluorocarbon
- Chlorofluorocarbons (CFC)
- Hydrochlorofluorocarbons (HCFC)
- Hydrofluorocarbons (HFC)
- Inorganics
- Hydrocarbons
- Others
Refrigerant By Applications:
- Refrigeration
- Domestic Refrigeration
- Commercial Refrigeration
- Transportation Refrigeration
- Industrial Refrigeration
- Air conditioning (AC)
- Stationary Air Conditioning
- Chillers
- Mobile Air Conditioning
Refrigerant By Geography:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East And Africa
The Global Refrigerant Market has been exhibited in detail in the following chapters -
Chapter 1 Refrigerant Market Preface
Chapter 2 Executive Summary
Chapter 3 Refrigerant Industry Analysis
Chapter 4 Refrigerant Market Value Chain Analysis
Chapter 5 Refrigerant Market Analysis By Types
Chapter 6 Refrigerant Market Analysis By Applications
Chapter 7 Refrigerant Market Analysis By Geography
Chapter 8 Competitive Landscape Of Refrigerant Companies
Chapter 9 Company Profiles Of Refrigerant Industry