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Refrigerant is referred to as the compound used in the refrigerators in order to offer cooling effects. It is crucial in the products offering air conditioning, refrigeration, and freezing. These refrigerants work by absorbing the heat from the air entrapped inside the equipment, and transfer it from the low pressure gas to the high-pressure liquid. The components installed in the air conditioning system circulates the refrigerant outside
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Refrigerant Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027 According to the new market research report “Refrigerant Market by Type (Chlorofluorocarbons, Hydro Chlorofluorocarbons, Hydrofluorocarbons, Fluorocarbons, Hydrocarbons, Ammonia, Carbon Dioxide, Propane, Iso-Butane and Others) by Application (Residential, Commercial, Industrial and Transportation And Refrigeration) by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast (2020 to 2027) the global refrigerant market is estimated to reach USD 21.1 Billion in 2027 at a CAGR of 4.1% during forecast period 2019-2027. Higher demand for chillers and freezers from varied industrial application and growing demand for efficient cooling equipment are expected to drive the refrigerant market during the forecast period. Strict regulation imposed on the use high-GWP refrigerants is expected to restrain the market during the forecast period Get Sample Copy of This Report @ https://www.forencisresearch.com/refrigerants- market-sample-pdf/ Global Refrigerant Market: Key Market Dynamics The market is experiencing growth on the cost of rising higher demand for freezer and chillers especially from the food and beverage sector Growing demand for efficient cooling equipment owing to rise in manufacturing sector in the emerging countries is pushing the market growth higher
Strict regulation imposed on the refrigerants such as hydrochloroflurocarbon (HCFC), hydrofluorocarbons (HFC), that emits higher global warming potential emission is likely to hinder the market growth Emergence of next generation refrigerant is creating new avenues to the market growth Request Report Methodology On Competition On Global Refrigerant Market Here @ https://www.forencisresearch.com/refrigerants-market-request-methodology/ Global Refrigerant Market: Regional Overview Asia-Pacific In Asia Pacific, the refrigerant market is growing owing to ongoing industrialization in the region. In addition, higher inclination of the industrialist to invest in the efficient cooling and refrigeration system in the region is projected to further support the market growth. In addition to this, ongoing demand for the processed and frozen food products in the region coupled with expansion of the organized retail channel requiring higher count of deep freezers is anticipated to promote the market growth in Asia-Pacific. Europe Europe refrigerant market is expected to give rise to the growth of the environmental friendly refrigerant. The region takes prominent share in reducing the potential environment hazards caused due to the conventional high GWP refrigerant. The region continues to phase out the use of chemicals impacting the ozone layer, which in turn, boost the demand for alternative ecofriendly refrigerant. List of the leading companies operating in the Refrigerant Market include: Danfoss (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) Linde DAIKIN INDUSTRIES, Ltd Honeywell International Inc. Arkema SA DuPont The Chemours Company
Air Liquide Dongyue Group Asahi Glass Co, Ltd Other Key Companies To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/refrigerants-market-consult-with-an-analyst/ Refrigerant Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America) Global Refrigerant Market: Key Players Overview Danfoss: Danfoss is the Denmark based company that operates through manufacturing of the products such as compressor, condensing units, motors, pumps, sensors and transmitters, valves, heat exchangers and many more. The company provides refrigerants to meet the emerging regulations which are used in the industrial, commercial and domestic application. Linde: With headquarters in the Unites States, Linde is the chemical company, formed by the merger of the German based Linde AG and US based Praxair. The company has its foothold in more than 100 countries by offering the products such as atmospheric gases, food grade gases, gas mixtures, refrigerants, pharmaceutical solutions, and shielding gas among others. The company generated annual sales of USD 28 billion in 2018. Table of Content: INTRODUCTION 1.1 Research Objectives 1.2 Market Definition
1.3 Research Scope 1.4 Regional Coverage 1.5 Research Timeline 1.6 Assumptions 1.7 Limitations 2 RESEARCH DESIGN & SCOPE 2.1 Introduction 2.2 Primary Research 2.2.1 Key Industry Expert Insight 2.3 Secondary Research 2.3.1 Vital Data from Secondary Sources 2.4 Market Size Estimation 2.5 Data Validation & Triangulation 3 EXECUTIVE SUMMARY 4 MARKET DYNAMICS 4.1 Introduction 4.2 Drivers 4.2.1 Higher Demand for Chillers and Freezers 4.2.2 Growing Demand for an Efficient Cooling equipment
4.3 Restraints 4.3.1. Strict Regulation Imposed On the Use High-GWP refrigerants 4.4 Opportunities 4.4.1. Advent of Next Generation refrigerant 5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS 5.1 Introduction 5.1.1. Power of Buyers 5.1.2. Power of Suppliers 5.1.3. Intensity of Competition 5.1.4. Challenges of Substitutes 5.1.5. Challenges of New Entrants 5.2 Macro-Economic Indicators 6 REFRIGERANT MARKET BY SERVICE, Market Size in USD Million and Kiloton (2019— 2027) 6.1 Introduction 6.2 ChloroFluoroCarbons 6.3 HydroChloroFluoroCarbons 6.4 HydroFluoroCarbons 6.5 FluoroCarbons
6.6 HydroCarbons 6.7 Ammonia 6.8 Carbon Dioxide 6.9 Propane 6.10 Iso-Butane 6.11 Others 7 REFRIGERANT MARKET BY APPLICATION, Market Size in USD Million and Kiloton (2019—2027) 7.1 Introduction 7.2 Residential 7.3 Commercial 7.4 Industrial 7.5 Transportation And Refrigeration 8 REFRIGERANT MARKET BY REGION, Market Size in USD Million (2019—2027) 8.1 North America 8.1.1. US 8.1.2. Canada 8.1.3. Mexico 8.2 Europe
8.2.1. Germany 8.2.2. France 8.2.3. Italy 8.2.4. UK 8.2.5. Spain 8.2.6. Rest of Europe 8.3 Asia-Pacific 8.3.1. China 8.3.2. Japan 8.3.3. India 8.3.4. South Korea 8.3.5. Rest of Asia-Pacific 8.4 Middle East & Africa 8.4.1. Saudi Arabia 8.4.2. UAE 8.4.3. Rest of Middle East & Africa 8.5 South America 8.5.1. Brazil 8.5.2. Argentina
8.5.3. Rest of South America 9 COMPETITIVE LANDSCAPE 9.1 Introduction 9.2 Market Ranking/Share Analysis of Key Companies 9.3 Company Benchmarking 10 COMPANY PROFILES 10.1 Danfoss 10.1.1 Company Overview 10.1.2 Financial Overview 10.1.3 Products/Solutions/Services Offered 10.1.4 Key Developments 10.1.5 SWOT Analysis 10.2 Linde 10.3 DAIKIN INDUSTRIES, Ltd 10.4 Honeywell International Inc. 10.5 Arkema SA 10.6 DuPont 10.7 The Chemours Company 10.8 Air Liquide
10.9 Dongyue Group 10.10 Asahi Glass Co, Ltd 10.11 Other Key Companies 11 APPENDIX 11.1 Key Industry Expert Insights 11.2 Primary Discussion Guide 11.3 Customization Options Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/refrigerants-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. Contact Us FORENCIS RESEARCH Phone: +1 (720) 306 9020
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