Tag Archives: Refrigerant Market

Refrigerant Market Is Predict To Reach $30.37 Billion By 2025

The ****** refrigerant market size is expected to reach USD 30.37 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.3% during the forecast period. Development of eco-friendly alternatives, as a result of environmental policies aimed at ozone depletion and GHG emissions, is a key factor driving market growth.

Regulations across EU, Japan, China, and U.S. have prompted consumers to shift toward hydrocarbon and inorganic refrigerants, with its demand predicted to increase drastically over the forecast period. The fluorocarbons segment accounted for over 50% of the overall consumption in 2016.

Refrigerant Market by Type, Industry Demand, Growth and Research Report 2017-2022

The Refrigerants Market ****** Industry Report is estimated at USD 14.49 billion in 2017 and is projected to reach USD 18.05 billion by 2022, at a CAGR of 4.5% from 2017 to 2022. In this report, 2016 is considered the base year and the forecast period is from 2017 to 2022.

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Refrigerants are the cooling medium which are used in various cooling equipment to absorb heat at low temperature and pressure and release it high temperature and pressure. Fluorocarbons are the most widely used refrigerants in equipment such as refrigerators and air conditioners.

Refrigerant Market worth 18.05 Billion USD by 2022

The report “Refrigerant Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, and CO2), Application (Refrigerators, Large-scale Refrigerators, Chillers, Air Conditioners, and Heat Pumps), Region – ****** Forecast to 2022″, The ****** refrigerants market was estimated at USD 14.49 Billion in 2017 and is projected to reach USD 18.05 Billion by 2022, at a CAGR of 4.5%

Browse 122 market data tables and 38 figures spread through 194 pages and in-depth TOC on “Refrigerant Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, and CO2), Application (Refrigerators, Large-scale Refrigerators, Chillers, Air Conditioners, and Heat Pumps), Region – ****** Forecast to 2022”