Attractive Opportunities in the Refrigerants Market

1. Refrigerants Market worth $31.0 billion by 2023 Browse 137 market data Tables 36 Figures 149 Pages and in-depth TOC on " Refrigerants Market "

2. The refrigerants market size is estimated to be USD 22.9 billion in 2018 and is projected reach USD 31.0 billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The market is mainly driven by the rising demand for refrigerants from the applications domestic, commercial, and industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. Growing demand for refrigerants in upcoming applications has created various opportunities for its manufacturers. APAC is the key market for refrigerants, globally, followed by North America and Europe, in terms of volume. One of the primary drivers of the market is the increasing demand for consumer appliances in these regions. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1082

3. Split ACs application is expected to be the largest application during the forecast period On the basis of application, the refrigerants market has been segmented into domestic, commercial, industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. The increased consumption of refrigerants in split ACs is attributed to the growing construction industry in APAC. The construction output of the APAC countries is increasing gradually due to the growing population and the increased number of nuclear families. In addition, the increasing purchasing power of the middle-class population and rising standards of living are driving the industry. These factors are expected to fuel the refrigerants market between 2018 and 2023. Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1082

4. Recent Developments • In May 2018, Arkema SA (France) developed Forane 449A, with low GWP levels and compatible with systems using R404A/507A. • In February 2017, The Chemours Company invested USD 230 million to open a new production facility in Texas, US. The site is expected to triple the capacity of Opteon products. • In October 2016, The Chemours Company (US) expanded its product portfolio by the launch of a new product line under the Opteon XL series. The refrigerants will have applications in refrigeration and air-conditioning systems. • In November 2015, The Chemours Company along with Changsu 3F Zhanghao opened a full-scale production facility in Changsu, China. The plant will manufacture HFO–1336 mzz, which have very low GWP ratings. Speak To Our Experts

5. The major players in the Refrigerants Marketare, • Arkema S.A. (France) • DongyueGroup Co. Ltd. (China) • Honeywell International Inc. (US) • The Chemours Company (US) • The Linde Group (Ireland) • Air Liquide (Framce) • SinochemLantian Co. Ltd. (China) • Daikin Industries (Japan) • Mexichem(Mexico) • Asahi Glass Corporation (Japan) Enquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1082

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