Boston, MA -- (SBWire) -- 08/20/2015 --Fast Market Research announces the availability of Technavio's new report "Global Refrigerant Market 2015-2019" on their comprehensive research portal.

A refrigerant is a mixture of various fluids which go through phase transitions from liquid to gas and vice versa. It is used as a coolant and finds application in air conditioning systems.

Technavio analysts forecast the global refrigerant market to grow at a CAGR of 7.21% during 2014-2019.

Get More Details on this Report and a Full Table of Contents at Global Refrigerant Market 2015-2019

Commenting on the report, an analyst from Technavio?s team said: ?With the upgrades in the refrigeration systems, the global refrigerant market will have a shift in the existing usage pattern and a rise in the efficiency with which the systems will be functioning, leading to a reduction in leakages and spillages in and around the installed spaces.?

According to the report, the rise in education levels and the awareness about the scarcity of resources available for the population, there has been an increase in the installation of cold storage systems where grains, vegetables, and fruits can be stored for a longer duration, leading to a constant supply to meet the ever-increasing demand.

Get More Details on this Report and a Full Table of Contents at Global Refrigerant Market 2015-2019

Further, the report states that the inefficient logistics support is hampering the growth in transportation cold storage systems segment. This is proving to be a challenge as the volume of the refrigerants is very high in functional transportation cold storage systems.

The key players in the Global Refrigerant Market 2015-2019 are Airgas, Arkema, Daikin Industries, DuPont, Honeywell International, Linde, Mexichem and Solvay while other prominent vendors include Gujarat Fluorochemicals, Navin Fluorine International, Shandong Yuean Chemical Industry, Sinochem Group and SRF

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