Low GWP Refrigerants Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2028

shivam

Low GWP Refrigerants Market Study Report Based on Size, Shares, Opportunities, Industry Trends and Forecast to 2028

Global Low GWP Refrigerants Market is expected to hold the highest CAGR of around 11.8% during the forecast period 2019-2027. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

The low global warming potential (GWP) refrigerants are used in a varied range of types including ventilation, heating, air conditioning, and refrigeration (HVAC&R) equipment. The low GWP refrigerants are used to maintain the high level of system efficiency and show considerably lower flammability characteristics, than much more flammable hydrocarbons. The growing importance of global warming mitigation has encouraged the interest in low GWP refrigerants. A refrigerant is a mixture that is used in a cooling mechanism, such as an air conditioner. They act as a heat carrier that changes gas to liquid and back to gas in the refrigeration cycle. One of the most common commercial refrigerants is chlorofluorocarbons or CFCs because they have high ozone damaging potential. Ammonia, Sulphur dioxide, and non-halogenated hydrocarbons are other refrigerants that are used in other applications.

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Refrigerants have favorable thermodynamics properties that are free from toxicity and flammability. It has also been witnessed that low GWP refrigerants have also helped refrigeration equipment in achieving high levels of energy efficiency. Increasing consciousness about global warming, environmental concern, and mandated regulations to decrease the carbon footprint has led to an increase in the adoption of low GWP refrigerants in the global air conditioning and refrigeration industry, thus boosting the growth of the low GWP refrigerants market. Also, implementation of the regulation, government incentives, and policies has supported the R&D projects to ensure quick and effective development of alternate refrigeration technologies, like low GWP refrigerants driving the low GWP refrigerants market growth. On the other hand, the high capital cost required for manufacturing low GWP refrigerants, flammability, and toxicity issues associated with its production are some of the key factors that may hamper the growth of the low GWP refrigerants market in the future. By the type, the hydrocarbons registered with the largest market share in 2019.

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It is mainly because of its superb thermodynamic properties, refrigerating, and air-conditioning systems. Likewise, hydrocarbon refrigerants are miscible with conventional refrigerating oils and have a comparatively high critical temperature. According to the application, the commercial refrigerants held the largest market share in 2018 and are expected to produce at the highest CAGR in the future. Commercial refrigeration contains refrigerating chambers, ice machines & cold counters and is generally used in supermarkets, shops, and centralized units. Cold storages in supermarkets rely on hydrocarbons and ?CO?_2 that have been available for a few years. In supermarkets, refrigeration (centralized systems) ?CO?_2 cascade systems are a substitute for common HFC systems in cold and moderate climates. Therefore, the demand for refrigeration in the supermarket is pushing the segment's growth in the market. Region-wise, Europe is expected to hold the largest market share of the global low GWP refrigerants market by 2027.Producers across Europe have adopted hydrogen technology and a new energy proficient appliance is based on hydrocarbons. North America's low GWP refrigerants market is expected to witness reasonable growth during the forecast period driven by eco-friendly regulations and policies. Asia Pacific's low GWP refrigerant market is expected to witness substantial growth, thanks to the strong growth of refrigeration and air conditioning industry.

Key Developments in the Market:

In November 2018, Mitsui launched new low-GWP refrigerants R463A and R454C. R463A is made for freezers and fridges while R454C is used for industrial heat pumps. Both the products realize less GWP. In July 2018, Honeywell launched new non-flammable and low GWP refrigerant, Solstice N41 for stationary air conditioning systems. It is energy-efficient and environmentally preferable as it has GWP that is 65% lower than R-410A.

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Global Low GWP Refrigerants Market, By Type

• Hydrocarbons • Fluorocarbons • Inorganics

Global Low GWP Refrigerants Market, By Application

• Commercial Refrigeration • Industrial Refrigeration • Domestic Refrigeration • Stationary Air-Conditioning • Mobile Air-Conditioning • Others

Global Low GWP Refrigerants Market, By Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key players operating in the Global Low GWP Refrigerants Market

• Linde Group • Honeywell International Inc. • Sinochem • Airgas • Engas Australasia • A-gas • Puyang Zhongwei Fine Chemical Co., Ltd. • Harp International Ltd. • Tazzetti S.p.A. • The Chemours Company • Mexichem S.A.B. de C.V. • Airedale Air Conditioning • Dongyue Group Co., Ltd. • Zheijang Juhua Co. • Jiangsu Meilan Chemica Co. Ltd. • Others

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Low GWP Refrigerants Market 2022 | Industry Demand, Fastest Growth, Opportunities Analysis and Forecast To 2028

Maani Ahuja 2022-06-15

Some of the prominent players operating in the global low GWP refrigerants market are A. Get more information on "Global Low GWP Refrigerants Market Research Report" by requesting FREE Sample Copy athttps://www. Inorganics· Ammonia· Carbon Di-Oxide· Others2. Fluorocarbons· HFOC· HFCS3. Hydrocarbons· Propane· Isobutane· OthersBy Application· Commercial Refrigeration· Industrial Refrigeration· Domestic Refrigeration· Stationary Air-Conditioning· Mobile Air-Conditioning· Others Regional AnalysisThis section covers low GWP refrigerants market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Low GWP Refrigerants Market Size, Key Trends, Major Players, and Forecast, 2022–2030

MRFR Research 2022-05-16

Thus, environment friendly attributes of low GWP refrigerants is expected to boost the market. By types, the global low GWP refrigerants market is divided into inorganics, fluorocarbons and hydrocarbons. 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. Regional AnalysisEurope contributes the largest share in the global low GWP refrigeration market due to favorable government directive such as F-Gas Regulation 517/2014. Competitive AnalysisThe leading players in the global low GWP refrigerants market are Daikin industries, Ltd.

Low GWP Refrigerants Market Demand, Business Growth, Regional Outlook and Future Insights by 2030

marketresearchfuture 2022-02-10

Thus, environment friendly attributes of low GWP refrigerants is expected to boost the market. By types, the global low GWP refrigerants market is divided into inorganics, fluorocarbons and hydrocarbons. 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. Key Market Opportunities:Rising air conditioner demand across the globe is expected to boost low GWP refrigerant marketKey Market Drivers:Growing demand for air conditioners and limited environmental impact is boosting market growth. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Global Low GWP Refrigerants Market to Grow by CAGR of ~12% During 2022 – 2031 on the Back of Escalating Global Warming

Henry Smith 2023-02-09

Research Nester published a report titled “Low GWP Refrigerants: Global Demand Analysis & Opportunity Outlook 2031” which delivers a detailed overview of the global low GWP refrigerants market in terms of market segmentation by type, application, by region. The global low GWP refrigerants market is projected to grow at a CAGR of ~12% during the forecast period, i. Additionally, by type, the global low GWP refrigerants market is segmented into fluorocarbons, hydrocarbons, and others. Furthermore, the global low GWP refrigerants market, by region, is bifurcated into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region. Phone: +44 203 608 5919

Low GWP Refrigerants Market Size, Growth, Industry Demand and Forecast, 2020–2026

Trisha Kumari 2020-02-13

Recently published a report entitled Low GWP Refrigerants Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.

Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The study offers a decisive view of the global low GWP refrigerants market by segmenting it in terms of type and application.

The report analyzes these subsets with respect to the regional segmentation.

This research study will prepare marketers for the evolving needs of their customers.Request a FREE Sample Copy of Low GWP Refrigerants Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/low-gwp-refrigerants-market/download-sampleBy TypeInorganicsAmmoniaCarbon Di-OxideOthersFluorocarbonsHFOCHFCSHydrocarbonsPropaneIsobutaneOthersBy ApplicationCommercial RefrigerationIndustrial RefrigerationDomestic RefrigerationStationary Air-ConditioningMobile Air-ConditioningOthersThis research report also includes profiles of major companies operating in the global market.

Some of the prominent players operating in the global low GWP refrigerants market are A.S. Trust & Holdings, A-Gas, Airgas Inc., Arkema, Brothers Gas, Chemours, Daikin, Deepfreeze Refrigerants, Ecofreeze International, Engas Australasia, and others.

This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.This section covers low GWP refrigerants market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Low GWP Refrigerants Market Prospers in the New Working Reality of COVID-19 Outbreak, Says Fact.MR New Report

faisal factmr 2020-08-08

Fact.MR is a leading market research entity that, with its primary and secondary research mechanisms can bring a tectonic shift in the growth rate of the Low GWP Refrigerants market.

Fact.MR leads the way of your business toward success through the help of exceptional market leaders and experts having diverse experience in the Low GWP Refrigerants market.

A punctilious analysis of the various parameters of the Low GWP Refrigerants market across the forecast period of 2019-2027 assists the market stakeholder to design growth strategies accordingly.

These unprecedented times may have hit a dent in the growth prospects of the Low GWP Refrigerants market but as the old saying goes, ‘Where there is a will, there is a way!’ Fact.MR believes in this thought and strives to be of great use to the various players for generating growth in the Low GWP Refrigerants market through its state-of-the-art research reports.

Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=3054The Fact.MR study also provides futuristic overview of growth of the low GWP refrigerants market for the forecast period 2019-2027, by thoroughly assessing the salient market dynamics.

In this Low GWP Refrigerants market study, the following years are considered to project the market prospects: History Year: 2014 – 2018Base Year: 2014Estimated Year: 2027Forecast Year: 2019 – 2027 The regional segmentation of the Low GWP Refrigerants market is done as follows: North AmericaLatin AmericaEuropeJapanAPEJMEAOn the basis of product types, the Low GWP Refrigerants market report offers insight into majoradoption trends for the following segments: AmmoniaCarbon DioxideSulfur DioxideEthyl ChlorideKey end-users covered in the study include:Residential RefrigerationSmall Self-Contained RefrigerationLarge Self-Contained RefrigerationWalk-in RefrigerationSupermarket RefrigerationCompanies profiled in the report are: Trust & Holdings, Inc.The Chemours Companydu Pont de Nemours & Co.Honeywell International, Inc.To Know More Clear Details about This Report, Ask The Analyst @ https://www.factmr.com/connectus/sample?flag=AE_id=3054 Why Fact.MR?

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