Refrigerant Market is Estimated to Gain Pace in Next Five Years - IndustryARC

Posted May 2, 2016 by chemicalsiarc

APAC region is leading the Global Refrigerant Market due to increasing Automotive and Consumer Industry.

[b]Refrigerant[/b] is a substance or a mixture, generally a fluid, used in a heat pump and refrigeration cycle that can extract heat from another body or substance. They are used in cooling systems like Air-Conditioners or Refrigerators, as the heat carrier which changes from gas to liquid and then back to gas in the refrigeration cycle.

Increasing usage of cooling systems worldwide is pushing the [b]Global Refrigerant Market[/b] ahead.

[b]To Avail a Sample Brochure on “Refrigerant Market”, Follow the below Link:[/b]

[b]Market Driving Factors:[/b]
Growing demand for cooling systems across various industry verticals is the main market driver for the Refrigerant Market.
[b]Automobile Industry[/b] is one of the powerful forces driving this market. Cooling systems in automobiles are a basic requirement these days. This implies, as long the automotive industry remains growing, the Refrigerant Market will be automatically propelled ahead.
[b]Consumer Products, Durables and Food Industry[/b] is also a major driving force for the Refrigerant Market.

[b]Market Segmentation:[/b]
The Global Refrigerant Market is segmented based on the following factors:
• [b]By Type:[/b] Mineral Oils, Paraffinic Oils, Synthetics, Chemical Aromatics & Others.
• [b]By Composition:[/b] Halogen Carbon (CFC, HFC, FC), Halogen Free (Carbon Dioxied, Ammonia)
• [b]By Application:[/b] Residential, Commercial, Automobile, Industrial.

[b]Geographical Outlook of the Market:[/b]
[b]Asia-Pacific[/b] region is the largest market for Refrigerants followed by America and Europe. The demand for cooling equipment in Asia-Pacific, especially China and India has seen steady growth over years. These refrigerants find their applications in various end-user industries such as automobile, commercial and industrial sectors and these areas are booming in the Asia-Pacific region.

[b]For Report Description, Table of Contents & Customization Options, Follow below Link:[/b]

[b]Key Companies in Refrigerant Market:[/b]
More than 40 companies have been researched and analyzed upon in this report. Some of the major giants in the Global Refrigerant Market mentioned below.
• Daikin Industries Ltd.
• Honeywell International
• Arkema SA (France)
• The Chemours Company
• Solvay SA

Report Offerings:
The report on “Refrigerant Market” published by IndustryARC gives you research analyzed key market trends, major issues and growth opportunities in this market. Market share production, capacity, elaborate understanding of major industry giants provides insight into the scenario in the market. In addition to that, important deals and news within the market provide a detailed understanding of the market.

About IndustryARC:
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.

Mr. Sanjay Matthews
Sales Manager
[email protected]
#: +1-614-588-8538 (Ext: 101)
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By IndustryARC
Phone +1-614-588-8538 (101)
Country India
Categories Business , Industry , Marketing
Tags ammonia refrigerant , ammonia refrigeration , cfc refrigerant , commercial refrigeration , global refrigerant market , hfc refrigerant , refrigerant market , refrigerant r22
Last Updated May 2, 2016