Transcritical CO2 Market by Product Type, Distribution Channel, End User 2023-2028

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Global Transcritical CO2 Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Transcritical CO2 Market Research
Report The latest report by IMARC, titled
Transcritical CO2 Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global transcritical
CO2 market size reached US 44.7 Billion in 2022.
Transcritical carbon dioxide (CO2) is a
refrigeration system that uses CO2 as a natural
refrigerant for cooling and heating applications.
It consists of various components, such as a gas
cooler to dissipate heat and a high-pressure
expansion valve to control the evaporator. It is
widely used in cold storage facilities,
supermarkets, industrial processes, convenience
stores, heat pumps, ice skating rinks, and food
processing units. Transcritical CO2 is an
eco-friendly, non-toxic, chlorine-free, and
non-inflammable system that provides high energy
efficiency and better heat transfer properties.
It is also a cost-effective system with low
leakage rates, enhanced safety, reliability, and
minimum ozone depletion potential. Request Free
Sample Report https//www.imarcgroup.com/transcri
tical-co2-market/requestsample
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Report Description and Highlights
Report Description

Global Transcritical CO2 Market Trends The
significant growth in the retail industry across
the globe is one of the key factors creating a
positive outlook for the market. Transcritical
CO2 is widely used in various retail
establishments for refrigeration applications, as
it requires low maintenance, reduces energy
consumption, and is a cost-effective solution. In
addition to this, the widespread system adoption
in the food processing and commercial cold
storage facilities to maintain the freshness of
products and offer longer shelf-life is acting as
another growth-inducing factor. Furthermore, the
rising demand for air conditioning, building
heating, and hot water supply applications in the
hospitality and residential spaces are providing
an impetus to the market growth. Additionally,
the recent advancement in the automotive
transcritical CO2 technology capable of meeting
all the thermal management requirements of a
vehicle, such as passenger compartments cooling
or heating, temperature control of battery pack,
and cooling of motor and electrical systems, is
positively influencing the market growth.
Moreover, increasing awareness among the masses
regarding the adverse environmental impact of
various fluorocarbon refrigerants, such as
chlorofluorocarbon (CFC), hydrofluorocarbon
(HFC), and hydrochlorofluorocarbon (HCFC), is
favoring the market growth. In line with this,
stringent policies by several governments to
reduce the utilization of fluorinated gases are
propelling the market growth. Other factors,
including rising consumer awareness regarding
various benefits of transcritical CO2 systems,
increasing concerns regarding global warming, and
the widespread system utilization in margarine
production, beer brewing, and ice-making
industries, are anticipated to drive the market
growth. On account of the aforementioned factors,
the market value is expected to reach US 117.1
Billion by 2028, exhibiting a CAGR of 16.7
during 2023-2028. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Function Re
frigeration Heating Air Condit
ioning Breakup by Application Supermar
kets and Convenience Stores Ice Skating
Rinks Food Processing and Storage Facili
ties Heat Pumps Others Breaku
p by Region North America
United States Canada
Asia-Pacific China

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Report Description and Highlights
Report Description
Japan India
South Korea Aust
ralia Indonesia
Others Europe German
y France Unite
d Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Baltimore Aircoil Company Inc. (AMSTED Industries
  Incorporated) Bitzer SE Carnot Refrigeration (MM
  Refrigeration) Carrier Global Corporation Danfoss
  Dorin S.p.A. Emerson Electric Co. Hill Phoenix Inc
  . (Dover Corporation) Mayekawa Mfg. Co. Ltd. Panas
  onic Holdings Corporation and SCM Frigo S.p.A.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/transcritical-co2-marke
  t

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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