Ammonia Refrigerant Business to Experience a Surge; Huge Profit Opportunities are Observed by 2020.


Posted May 6, 2016 by chemicalsiarc

Regulations on CFC and HFC Refrigerants is pushing the Ammonia Refrigerant Market ahead.

 
[b]Refrigerants[/b] are specialty chemicals used in cooling systems like Air-Conditioners, Refrigerators etc. for cooling purpose. Ammonia is one of the important refrigerants used. Since, HFC refrigerants damage the atmosphere, [b]Ammonia Refrigerant Market[/b] is on the verge of rising high.

According to [b]IndustryARC[/b] Research, the Global [b]Ammonia Refrigerant Market[/b] is set to grow at a [b]CAGR[/b] of [b]5.2%[/b] over the next five years!


[b]Avail a Sample Market Brochure on “Ammonia Refrigerant Market”[/b]
http://www.industryarc.com/pdfdownload.php?id=1276


[b]Nature of the market:[/b]
Due to the increasing awareness among people about the importance of environmental protection, there is a high demand for Ammonia Refrigerant in the past few years. The coming next years is expected to have a wider usage of the same. In the global ammonia production, less than 2% of ammonia is used as a refrigerant!

The market has great growth potential. The refrigerant market is expected to grow at a compound annual growth rate of 5.2%, over the next five years and reach 1.6 million metric tons by 2018. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest consumption during the next five years.

[b]Market Driving Factors:[/b]
• Regulations on chlorine and fluorine based refrigerants usage is the major driving force
• Increase in usage of low temperature equipment like air conditioners, refrigerators, freezers etc.
• They are produced at a high rate because of the zero ODP and zero GWP properties.
• F-gas regulations suggest the use of natural refrigerants like ammonia, carbon dioxide, etc. for environment protection

[b]Report Offerings:[/b]
An in-depth geographical analysis of the Ammonia Refrigerant Market in America, Europe, APAC and ROW. The growing demand for cooling equipment and high growth in Asia-Pacific region is expected to remain the driving force for refrigerants demand in long run. However the frequent change in Montreal Protocol with respect to choice in refrigerant is restraining the market growth. The use of traditional refrigerant such as CFC and HFCF is causing greenhouse effects, so its use is being restricted. Hence, the demand for natural or green refrigerants is emerging in this market.

The market can be segmented based on factors such as End user (Automobiles, Households, Commercial, Industrial and others), End product (Air conditioners, refrigerators, chillers, district cooling systems and others).

[b]Key Players in the Ammonia Refrigerant Market:[/b]
Carnot Refrigeration which offers environmental friendly ammonia refrigerant systems is partnered with Environmental Protection Agency’s (EPA’s) to as a part of environmental protection act. Some important companies are:
• Dehon Group,
• National Refrigerants,
• Amixo AB,
• Intergrated Packaged Systems and
• Brooktherm.


[b]For Report Description, Table of Contents and Customization Options, Follow the Below Link:[/b]
http://industryarc.com/Report/1276/Ammonia-Refrigerant-Market-analysis-report.html


[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.


[b]CONTACT:[/b]
Sanjay Matthews
Sales Manager
[email protected]
#: +1-614-588-8538 (101)
www.industryarc.com
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Issued By IndustryARC
Phone +1-614-588-8538 (101)
Country India
Categories Business , Industry
Tags ammonia freezer , ammonia freezing , ammonia refrigerant market , ammonia refrigeration , ammonia refrigeration process , ammonia refrigerator , industrial refrigerator , natural refrigerants
Last Updated May 6, 2016