The global ventilation equipment market will reach $25 billion in revenues in 2017 and is estimated to reach $40 ...
The "Global Refrigerant Market Analysis, Company Profiles, Size, Share, Growth, Trends and Forecast to 2024" report has been added to Research and Markets’ offering.
The Global Refrigerant Market is accounted to reach 1,887.50 Thousand Metric Tons by 2024 from 1,244.18 Thousand Metric Tons in 2016, it is growing at a CAGR of 5.5% in the forecast period 2017 to 2024.
China Focusing on Natural Refrigerants as Advised by Mep/Feco China
Technological Changes Such as Low Gwp Refrigerants
Growth in the Cold Chain Market
Increase in the Disposable Income Leading to Rise in Purchasing Power of Consumer Appliances
Government Regulation on Cutting Down Hfc Emission
Banned Gases Owing to Regulation Such as Snap
Increasing Threats of Ozone Depletion and Global Warming
Changes in the Market Owing to Protocols Such as Eu-F-Gas and Montreal Protocol
Phasing Out of Hfc & Hcfc Paving Way for New Technologies
Changes in Regulation Such as the Montreal Protocol
Increase in Complexity Owing to Old Refrigerants Phasing Out
In 2017, domestic household based market segment is expected to dominate the global refrigerant market with 43.3% market share and is expected to reach 836.49thousand metric tons by 2024, growing with the highest CAGR of 5.8%.
In 2017, refrigerators based market segment is expected to dominate the global refrigerant market with 38.7% market share and is expected to reach 759.11 thousand metric tons by 2024, growing with the highest CAGR of 6.1%.