A refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. Many working fluids have been used for such purposes. Fluorocarbons, especially chlorofluorocarbons, became commonplace in the 20th century, but they are being phased out because of their ozone depletion effects. Other common refrigerants used in various applications are ammonia, sulfur dioxide, and non-halogenated hydrocarbons such as propane.
The growing emphasis on global warming and climate change has resulted in the implementation of stringent regulations for cleaner, safer, and more energy-efficient households and workplaces worldwide. This has propelled building owners to renovate old buildings, including replacing or retrofitting existing HVAC equipment for making them more energy-efficient. These efforts to phase out the currently used refrigerants will lead to an increased demand for replacement of refrigerants, thereby aiding the growth in the HVAC refrigerant market.
APAC dominated the HVAC Refrigerant market and occupied most of the overall market share. Much of this region’s growth can be attributed to the surge in constructional activities in several APAC nations, especially India and China. Factors such as growing demand from the industrial sectors such as construction and automotive from the developing countries will boost the market’s growth in this region over the next four years.
In 2019, the market size of HVAC Refrigerant is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for HVAC Refrigerant.
This report studies the global market size of HVAC Refrigerant, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the HVAC Refrigerant production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Airgas Refrigerants
Arkema
Chemours
Dongyue
Honeywell
Linde
...
Market Segment by Product Type
Fluorocarbons
Hydrocarbons
Inorganic
Market Segment by Application
Food Service
Food Processing
Supermarket
Cold Storage
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the HVAC Refrigerant status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key HVAC Refrigerant manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of HVAC Refrigerant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on HVAC Refrigerant. Industry analysis & Market Report on HVAC Refrigerant is a syndicated market report, published as Global (United States, European Union and China) HVAC Refrigerant Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of HVAC Refrigerant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.