The global secondary refrigerants market is anticipated to witness a strong growth in the coming years, owing to the increasing demand of these refrigerants due to strict environmental norms and rising demand for reduction in primary refrigerant charge.

The secondary coolant circulates through a cooling system and cooled in a heat exchanger. They are generally non-toxic in nature in small amounts; however large amounts should be disposed in a proper manner.

Secondary refrigerants are the fluids that are used to transfer heat from a substance which is being cooled by heat exchanger. After being cooled, the liquid is transferred through a series of pipes to the cooling load location, which is then returned to repeat the whole process.

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Among all these, glycol type category held the largest share in the overall market, owing to various advantages it offers such as; provide freeze protection for closed loop refrigeration systems, ventilation, air conditioning, water-based heating, and others.

Glycol is further classified into propylene glycol and ethylene glycol. Salt Brines are further classified into calcium chloride, potassium formate, and potassium acetate.

The carbon dioxide type category is anticipated to register the highest growth during the forecast period in the secondary refrigerants market.

This can be attributed to the increasing demand of these refrigerants in the industrial applications due to its environmentally acceptable properties.

The secondary refrigerants market is classified into industrial refrigeration, commercial refrigeration, heat pumps, air conditioning, and others. Of all these, industrial refrigeration application category is expected to hold the largest share in the market during the forecast period.

Honeywell International Inc., Arkema Group, Daikin Industries Ltd., Hudson Technologies, The Linde Group, Eastman Chemical Company, Hydratech, Environmental Process Systems Limited, A-Gas International, Tazzetti S.P.A, and Temper Technology Ab are some of the key players operating in secondary refrigerants market.

Source: VynZ Research