Refrigerant Market 2019 | Potential Growth, Size & Share, Demand and Analysis of Key Players- Forecasts To 2023

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Refrigerant Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Refrigerant Market Research Report- Forecast to
2023
Refrigerant Market - Overview
Refrigerant is a substance used as a medium of
heat transfer, which picks up the heat by
evaporating at a low temperature and pressure. It
gives up the heat on condensing at a higher
temperature pressure, and coverts back to the
gas phase in the refrigeration cycle.
Refrigerants are designated by R followed by a
unique number.
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Refrigerant Market Research Report- Forecast to
2023
Segmental Analysis
The Global Refrigerant Market is segmented by
Type, Application and Region. On the Basis of the
Type, the Global Refrigerant Market is segmented
into natural refrigerants and synthetic
refrigerants. Natural refrigerants are further
segmented into organic/hydrocarbons and inorganic
refrigerants. Hydrocarbons are further segmented
into propane, n-butane, iso-butane, and others.
Similarly, inorganic hydrocarbons are also
sub-segmented into ammonia, CO2, water, and
others. Synthetic refrigerants/fluorocarbons are
segmented into two types namely pure
fluorocarbons and fluorocarbon blends. Pure
fluorocarbons are further segmented into
chlorofluorocarbons (CFCs), hydrofluorocarbons
(HCFCs), hydrofluorocarbons (HFCs), hydrofluoro
Olefins (HFO) and others. Similarly, fluorocarbon
blends are also segmented into two types, i.e.,
azeotropic and zeotropic (non-azeotropic). HFC,
HFO, HFC/HFO blends and natural refrigerants are
expected to witness high growth during the
forecast period, 2017-2023 due to their
eco-friendly properties, low GWP, and low ODS
potential compared to synthetic counterparts. On
the Basis of the Application, the Global
Refrigerant is segmented into refrigerators, air
conditioners, chillers/heat pump, and others.
Refrigerators are sub-segmented into domestic
refrigerators, commercial refrigerators (medium
scale), industrial supermarket refrigerator
(large scale), and transport refrigerator. Air
conditioners (AC) are further segmented into
centralized AC, split AC, window AC, portable AC,
and hybrid AC. Air conditioners are projected to
be the largest market for refrigerants in the
forecast period due to the rising disposable
incomes rising standard of living, rapid
technological advancements, and upcoming
infrastructure projects on transport networks,
and commercial residential projects in the
emerging economies. To Get Detailed Knowledge
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Refrigerant Market Research Report- Forecast to
2023
Regional Outlook
The Global Refrigerant Market is segmented into
five regions namely Asia Pacific, North America,
Europe, Latin America, and the Middle East and
Africa. Asia Pacific is expected to be the
largest textile coating market in terms of market
size due to growing home furnishing,
construction, transportation, healthcare,
agriculture, and packaging industry on account of
relaxed investments norms, growing economy,
rising disposable income of the middle-class
population. North America and Europe are expected
to show steady demand for PU based textile
coating due to vast applications in clothing,
healthcare, transportation, construction, home
furnishing, and others. The Middle East Africa
is expected to show significant demand for
Textile Coating from the construction, clothing,
home furnishing sector due to the flourishing
tourism industry. The Latin American market is
expected to grow at a slow pace due to low
overall development.
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Refrigerant Market Research Report- Forecast to
2023
Major Players in this Research

• Refrigerant Market Prominent Players
• DAIKIN INDUSTRIES, Ltd.(Japan)
• The Chemours Company. (U.S.)
• Honeywell International Inc. (U.S.)
• Arkema S.A. (France)
• Dongyue Group Co. Ltd (China)
• Asahi Glass Co., Ltd. (Japan)
• Sinochem Group (China)
• Mexichem S.A.B. de C.V. (Mexico)
• The Linde Group (Germany)
• SRF Limited (India)
• DowDuPont Inc. (U.S.)

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