Low GWP Refrigerants Market Size Growth, Share, Restraints, Trends, Company Profiles, Analysis & Forecast Till 2030

0
618

Market Overview

Global Low GWP Refrigerants Market Size are essential fluid for absorbing heat. An increase in extreme weather condition such as severe droughts and heat waves owing to global warming has propel market demand for low GWR refrigerants. According to the National Oceanic and Atmospheric Administration (NOAA), average earth surface temperatures increased around 1.71 degrees Fahrenheit in between 1880 and 2016. Burning of fossil fuels has resulted in such temperature change, negatively impacting the environment. Thus, environment friendly attributes of low GWP refrigerants is expected to boost the market.

Changing consumer living habits demanding comfortable lifestyle is increasing the need for refrigerants and air conditioners at home. For instance, Japan Refrigeration and Air Conditioning Industry Association (JRAIA) reported that world room air conditioners demand reached 96.05 million units in 2017 increased to 8.2% from previous year. Increase in number of air conditioners sale to household is a key factor driving the market.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/low-gwp-refrigerants-market-7471

 

Market Segmentation

The global low GWP refrigerants market has been segregated on the basis of types, application, and region.

By types, the global low GWP refrigerants market is divided into inorganics, fluorocarbons and hydrocarbons. The hydrocarbons segment held significant market share in 2017 and is expected to lead during the forecast period owing to its low environmental impact compared to fluorocarbons.

On the basis of application, the global low GWP refrigerants market has been divided into industrial refrigeration, domestic refrigeration, commercial refrigeration, mobile air-conditioning, stationary air-conditioning, and others. In 2017, the commercial refrigeration segment held the largest share of this market. Commercial refrigeration is mostly used in large capacity freezer to store food and beverage. Thus, rising in demand for oversized freezers in hotels and restaurants is projected to fuel the commercial refrigeration segment by 2023.

Regional Analysis

Europe contributes the largest share in the global low GWP refrigeration market due to favorable government directive such as F-Gas Regulation 517/2014. Asia Pacific is significantly growing market for air conditioners and refrigerants owing to rise in cold chain market and demand for household refrigeration.

The regional market in Latin America and Middle East & Africa is projected to grow with healthy CAGR owing to demand for refrigerants from food & beverage industry couple with rise in temperature in Middle East.

Competitive Analysis

The leading players in the global low GWP refrigerants market are Daikin industries, Ltd. (Japan), Honeywell International Inc (U.S.),  The Linde Group (Ireland), The Chemours Company (U.S.), Arkema (France),  GTS SPA (Italy), SOL Spa (Italy), Mexichem S.A.B de C.V. (Mexico), ),  Harp International Ltd (UK), HyChill (Australia), Tazzetti S.p.A (Italy), Puyang Zhongwei Fine Chemical Co. Ltd (China), Airgas, Inc (U.S.), A-Gas International (UK), The natural refrigerants company Pty ltd (Australia), Brothers Gas (UAE), engas Australasia (Australia), Sinochem Lantian co., Ltd (China) and E.F. International (U.S.)

https://www.marketresearchfuture.com/reports/refrigerant-market-5879

https://www.marketresearchfuture.com/reports/automotive-coolant-market-4666

https://www.marketresearchfuture.com/reports/specialty-chemicals-market-2026

About Market Research Future - 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Edibles.

 MRFR team has the supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 In order to stay updated with the technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

 Contact:

 Market Research Future®

 99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

 Phone: +1 628 258 0071(US) +44 2035 002 764(UK)

 Email: sales@marketresearchfuture.com

 Website: https://www.marketresearchfuture.com

Search
Nach Verein filtern
Read More
Spiele
Buy Instagram Followers Affordable Package
Are you looking to buy Instagram followers? If so, you can find many different options on the...
Von Taylor Brain 2022-04-20 11:00:09 0 951
Art
New 300-420 Exam Preparation | Reliable 300-420 Cram Materials
P.S. Free & New 300-420 dumps are available on Google Drive shared by Free4Torrent:...
Von Ao3e3ta5 Ao3e3ta5 2022-12-07 02:03:33 0 713
Other
The Evolution of Sound: Exploring Digital Audio Workstations (DAWs) Market Trends and Insights
Digital Audio Workstations (DAWs) have revolutionized the music and audio production industry,...
Von Aishwarya Bhosale 2024-08-20 10:27:41 0 77
Networking
What to Post For in a Site improvement Organization
There are many site improvement organizations offering their administrations, however it's vital...
Von Christian Chris 2023-02-06 08:08:44 0 503
Health
Circulaxil Kaufen (Deutschland, Österreich, Schweiz)
Die Aufrechterhaltung eines gesunden Blutzuckerspiegels ist für das allgemeine Wohlbefinden...
Von RevealCBD Gummies 2024-03-17 14:31:34 0 181