Global Low GWP Refrigerants Market Is Expected To Grow At a CAGR Of +11% By 2025 | Top Leading Players: Daikin, Arkema, Chemours, Honeywell, Ecofreeze International, Linde Group, Mexichem, Puyang Zhongwei Fine Chemical
The growth registered can be attributed to a lower impact on the environment of these low GWP refrigerants, their long-term viability. Rising demand for refrigeration and air-conditioning application and phasing out of chlorofluorocarbons and hydrofluorocarbon refrigerants are the supplementing factors for market growth over the forecast period. Operating cost of manufacturing units of these refrigerants are quite low that offers an opportunistic market for the market entrants. However, the high capital cost required for producing low GWP refrigerants and flammability and toxicity issues related to its production is some of the factors that may hinder the market growth during the forecast period.
All Market Insights published a new ‘ Low GWP Refrigerants Market 2019’ Report. The Low GWP Refrigerants market will record a healthy CAGR of 10.4% in terms of revenue & expected to reach many million by 2025. The report covers regions like Asia-Pacific, North America, Europe, South America, and Middle East & Africa. North America is the leading/significant region across the world in terms of market share owing to the rising demand of Low GWP Refrigerants in refrigeration purpose. Europe also contributes a satisfactory growth in the global Low GWP Refrigerants market due to the increasing demand for refrigeration in commercial areas. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 due to growth in end-user industries including air-conditioning in developing countries such as India, China, and Japan.
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Top Key Players Covered In This Report:
- Ecofreeze International
- Linde Group
- Puyang Zhongwei Fine Chemical
- Shandong Yueon Chemical Industry
- SOL Spa
- The Natural Refrigerants Company
- Hychill Australia
- MK Chemical
- Brothers Gas
- Airgas Inc.
- A.S. Trust & Holdings
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. This study considers the Low GWP Refrigerants value generated from the sales of the following segments:
Segmentation By Type:
Segmentation By Application:
- Commercial Refrigeration
- Industrial Refrigeration
- Domestic Refrigeration
- Stationary Air-Conditioning
- Mobile Air-Conditioning
This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey & others.
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• Study and analyze the size of the global Low GWP Refrigerants market by main regions/countries, type of product and application.
• Understand the structure of the Low GWP Refrigerants market by identifying several sub-sectors.
• Focuses on key players in the global Low GWP Refrigerants market to identify, describe and analyze the value, market share, the market competition landscape, the SWOT analysis, and development plans in the coming years.
• Analysis of the “Low GWP Refrigerants market” with respect to individual growth trends, future prospects and their contribution to the market in general.
The report gathers the essential information including the new strategies for growth of the industry and the potential players of the global Low GWP Refrigerants Market. It enrolls the major industry player imperious the global Low GWP Refrigerants Market along with their contribution to the global market.
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