Natural refrigerants are natural substances that serve as refrigerants in refrigeration systems (including refrigerators, HVAC, and air conditioning). They are alternatives to hydrofluorocarbon (HFC), hydro chlorofluorocarbon (HCFC) and chlorofluorocarbon (CFC) based refrigerants. Unlike other refrigerants, they are not synthetic chemicals and can sometimes be found in nature. Natural refrigerants are chemicals which occur in nature's bio-chemical processes. They do not deplete the ozone layer and make a negligible - or zero in the case of R717 (ammonia) - contribution to global warming. The high efficiency of natural refrigerants also means that they make a lower indirect contribution to global warming. They are not only used due to environmental sustainability as some applications are better suited to a particular natural refrigerant.
This report studies the global Natural Refrigerants market.
Europe and North America have a larger revenue market share in 2018 which together account for 67.29%, and will witness a stable growth in following years. Japan hold a market share of 11.94% will still play an important role which cannot be ignored. Any changes from Japan might affect the development trend of Natural Refrigerants. Southeast Asia and India also play important roles in global market, which hold relatively low share, but they will witness the comparatively high growth rate within selected regions in the future.
The report offers detailed coverage of Natural Refrigerants industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Natural Refrigerants by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Natural Refrigerants market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Natural Refrigerants market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Linde Group
Puyang Zhongwei
Airgas
Sinochem
Shandong Yuean
Aeropres
A-Gas international
Tazzetti
Engas Australasia
Harp International
Hychill
GTS
At the same time, we classify Natural Refrigerants according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Ammonia (R-717)
Hydrocarbons (R-290, R-1270, R-600a, etc.)
Carbon Dioxide (CO2) (R-744)
Market by Application
Refrigeration
Air Conditioning
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Natural Refrigerants market for the forecast period 2021 - 2025?
• What are the driving forces in the Natural Refrigerants market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Natural Refrigerants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?