Global Refrigerant Industry Market Research Report has been analyzed in detail to assist clients with all the vital data to frame tactical business judgments and propose strategic growth plans. The Global Refrigerant Market report offers a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures.
London, UK -- (SBWIRE) -- 05/29/2018 -- Refrigerant Market report offers a detailed Outlook and future prospects of the Refrigerant Industry with analysis of major players that helps Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims.
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Global refrigerant market is expected to reach 2,019.96 Thousand Metric Tons by 2025 from 1,306.44 Thousand Metric Tons in 2017, at a CAGR of 5.7% in the forecast period 2018 to 2025. The major factors driving the growth of this market are china focusing on natural refrigerants as advised by MEP/FECO china, technological changes such as low GWP refrigerants, growth in the cold chain market and increase in the disposable income leading to rise in purchasing power of consumer appliances. On the other hand, government regulation on cutting down HFC emission, banned gases owing to regulation such as SNAP and increasing threats of ozone depletion and global warming may hinder the growth of the market.
The key market players for global refrigerant market are listed below:
The Chemours Company
Arkema SA
Honeywell International Inc.
Dongyue Group Co. Ltd.
The Linde Group
Daikin Industries Limited
Mexichem S.A.B. De C.V.
Sinochem Corporation
Asahi Glass Co. Ltd. (AGC)
SRF Limited
Air Liquide
A-Gas International
OZ-Chill Refrigerants
Shandong Yuean Chemical
Gas Servei S.A.
Zhejiang Fotech International Co Ltd.
Changsu 3F Fluorochemical Industry Co Ltd.
Tazzetti SPA
Quimobasico
The market is further segmented into:
Industry
Application
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On the basis of industry type, the global refrigerant market is segmented into domestic household, industrial refrigeration, commercial racks & condensing units, and light commercial. In 2018, domestic household based market segment is expected to dominate the global refrigerant market with 43.3% market share and is expected to reach 897.02 thousand metric tons by 2025, growing with the highest CAGR of 6.1%.
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 2018, refrigerators based market segment is expected to dominate the global refrigerant market with 38.7% market share and is expected to reach 812.47 thousand metric tons by 2025, growing with the highest CAGR of 6.3%.
Table of Content
1 INTRODUCTION
2 MARKET SEGMENTATION
3 MARKET OVERVIEW
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL REFRIGERANT MARKET, APPLICATION
7 GLOBAL REFRIGERANT MARKET, INDUSTRY
8 GLOBAL REFRIGERANT MARKET BY GEOGRAPHY
9 GLOBAL REFRIGERANT MARKET, COMPANY LANDSCAPE
10 COMPANY PROFILE
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