Pune, India -- (SBWIRE) -- 03/09/2018 -- Global Refrigerant Market is expected to reach 1,887.50 Thousand Metric Tons by 2024 from 1,244.18 Thousand Metric Tons in 2016, at a CAGR of 5.5% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The report covers the present scenario and the growth prospects of the Global Refrigerant market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.

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GROWTH IN THE COLD CHAIN MARKET

Cold chain includes a series of refrigerated products, need of storage, distribution activities, logistics and other related equipment. Cold chain equipment is used in pharmaceutical sector, transportation, food sector, bio pharma, chemical sector and many more. For instance, pharmaceutical sector requires cold chain equipment for storage of vaccines, testing reagent, whole blood and refrigerated drugs. Logistic sector include transportation of horticulture, floriculture during distribution and supply. Food sector include processed foods, dairy and poultry consumption, instant and canned items. According to National Centre for Cold Chain Development (NCCD), in 2014, under Ministry of Agriculture & Farmers Welfare, support for cold chain was rationalized to revise the components and the cost norms along with a reduction of 5% in the subsidy rates.

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The key market players:


- 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),

- Shandong Yuean Chemical,

- Gas Servei S.A.,

- Zhejiang Fotech International Co Ltd.,

- Changsu 3F Fluorochemical Industry Co Ltd.,

- Tazzetti SPA,

- Quimobasico


TABLE OF CONTENTS (TOC):


- Introduction

- Market Segmentation

- Market Overview

- Executive Summary

- Premium Insights

- By Type

- By Application

- By End User

- Geography

- Company Profiles

- Appendix

- About Data Bridge Market Research


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The market is further segmented into:


- Type

- Application

- End User

- Geography


In 2017, domestic household based market segment is expected to dominate the global refrigerant market with 43.3% market share and is expected to reach 836.49thousand metric tons by 2024, growing with the highest CAGR of 5.8%.

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 2017, refrigerators based market segment is expected to dominate the global refrigerant market with 38.7% market share and is expected to reach 759.11 thousand metric tons by 2024, growing with the highest CAGR of 6.1%.

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Based on geography, the Global Refrigerant market is segmented into 11 geographical regions, such as,


- North America,

- Europe,

- Asia-Pacific,

- Europe,

- South America,

- Middle East

- Africa


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