Refrigerants Market PDF 2021: Industry Trends, Share, Size, Demand

1. Global Refrigerants Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Refrigerants Market Outlook 2026: The latest report by IMARC Group, titled “Refrigerant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global refrigerant market reached a value of US$ 21.5 Billion in 2020. Refrigerants refer to chemical compounds that are used in vapor compression refrigeration systems to carry heat from the system release it to the atmosphere. The refrigerant goes through a series of vapor to liquid phase changes during the process. The earliest type of refrigerants were chlorofluorocarbon (CFC) compounds. However, they were identified as one of the greenhouse gases, and their production and use were restricted by the Montreal Protocols to combat climate change and protect the ozone layer. CFCs have since been replaced by hydrochlorofluorocarbons (HCFCs) and, more recently, by hydrofluorocarbons (HFCs), which are more effective and safer for the environment. Request for a free sample report: https://www.imarcgroup.com/refrigerant-market/requestsample

4. Report Description and Highlights Report Description Global Refrigerants Market Trends: Refrigerants are primarily used in refrigerators, freezers, air conditioners, and fire suppression systems. Apart from this, they are also used in the air conditioning systems in automobiles. In recent years, there has been an increasing requirement for deep freezers and refrigerators on account of the expanding cold chain infrastructure across the globe. Similarly, the utilization of HVAC systems has also witnessed a boost on account of improving standards of living and inflating income levels. As a result, several advancements have been made in refrigeration technology, including the development of low global warming potential (GWP) refrigerants that help to reduce both refrigerant charges and emissions. Moreover, as these compounds can be harmful when released into the atmosphere, manufacturers have developed the latest generation of refrigerant recovery machines. These machines can pull up to 95% of the refrigerant out of the AC systems to reduce the amount that escapes into the atmosphere.

5. Report Description Report Description and Highlights Market Summary: Market Breakup by Product Type: • Fluorocarbon • Inorganic • Hydrocarbon • Others Market Breakup by Application: • Commercial • Industrial • Domestic • Others

6. Report Description Report Description and Highlights Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa On account of these factors, the market is expected to witness robust growth during the forecast period (2021-2026).

7. Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Honeywell International Inc. • Daikin Industries Ltd. • Arkema S.A. • Dongyue Group Limited • The Chemours Company • Orbia Advance Corporation S.A.B. de CV • Sinochem Group Co. Ltd. • Air Liquide S.A. • AGC Group • Linde Group • SRF Limited • Gujarat Fluorochemicals Limited View Report TOC, Figures and Tables: https://www.imarcgroup.com/refrigerant-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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