Global Natural Refrigerant Market Research and Forecast 2018-2023 Chemicals
DEFINITION
The Global natural refrigerant market natural refrigerants are refrigerants that are available naturally and do not have any side effects on the natural climate. These are hydrocarbons, which include propane, ethane, isobutane and so on. Natural refrigerants consist of carbon dioxide, water, ammonia and so on. The rising demand for consumer products and increasing urbanization are factors that fuel the growth of the market affecting the market in developing nations. The global warming potential of natural refrigerants is negligible as compared to that of HFCs, HCFCs and CFCs.
MARKET MOTIVATORS
• Higher rate of urbanization • Non-ozone depleting refrigerant • Rising awareness regarding drawbacks of cfc, hcfc and hfc • Rising cold chain market
MARKET RESTRAINT
• Alternative choice of refrigerant • Higer cost of installation due to safety issues related to natural refrigerants
MARKET OPPORTUNITY
• New advancement in refrigeration
REGIONAL ANALYSIS
APAC
North America
Europe
RoW
MARKET SEGMENTATION
By refrigerant type • Inorganic refrigerants • Hydrocarbon refrigerant
MARKET SEGMENTATION
By application • Refrigeration • Air-conditioning
COMPANY PROFILES
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A-gas Ajay air products pvt. Ltd. Engas australasia Gts spa Hychill
To be continued….
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