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.
China is the major manufacturing and consumption market in the world. China is the largest consumption area of refrigerant. And its consumption share of refrigerant is responsible for 356.3 K MT in the world in 2015. The Europe, USA and Japan are other major consumption area. The Europe consumes 191.9 K MT and the number in the USA is 135.4 K MT in 2015. Consumption of refrigerant in Japan is smaller than the USA which is about 63 K MT in 2015.
Due to damage to the environment freon achilles heel, the EU implemented a policy of Air Condition without fluoride in early 2004. Many developed countries have also accelerated the R22 (commonly known as freon) phase-out the pace. The United States, Japan and Canada banned R22 in 2010 in new equipment. Currently, the international fluoride ban has become China's largest air-conditioning outlet green barriers, so as the world's "White Kingdom". Now, there are many replacements of R22, such as R410a, R404a and other and these refrigerants have little ozone depletion and are environment-friendly products. In 2013, Europe has begun to ban the R134a refrigerant in new automotive air conditioner and many automotive air conditioner manufacturers choose HFO 1234 yf to replace R134a. And EPA has approved of automotive air conditioner manufacturers using HFO1234yf in Automotive air conditioner.
With the development of eco-friendly refrigerant, we tend to believe that this industry still has a bright future. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Refrigerant market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Refrigerant business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Refrigerant market by product type, application, key manufacturers and key regions and countries.
This study considers the Refrigerant value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
HCFC
HFC
HC
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Air Condition
Automotive Air Conditioner
Refrigerator
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Chemours
Honeywell
Mexichem
Daikin
Arkema
Linde
Navin Fluorine International
GFL
Dongyue Group
Zhejiang Juhua
Meilan Chemical
Sanmei
3F
Yuean Chemical
Ying Peng Chemical
Yonghe Refrigerant
Limin Chemicals
China Fluoro Technology
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Refrigerant consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Refrigerant market by identifying its various subsegments.
Focuses on the key global Refrigerant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Refrigerant with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Refrigerant submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Refrigerant . Industry analysis & Market Report on Refrigerant is a syndicated market report, published as Global Refrigerant Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Refrigerant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.