Investments in Infrastructure, Manufacturing, and Retail Sectors Boost Refrigerants Market
The refrigerants market size is estimated to be USD 21.3 billion in 2020 and is expected to reach USD 30.8 billion by 2025, at a CAGR of 7.7% during the forecast period. Factors such as increasing demand for consumer appliances and growing cold chain markets are expected to drive the refrigerants market. The major restraint for the market will be the regulations imposed against the usage of fluorocarbons such as HCFCs and HFCs in North America and Europe. However, the...
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