Refrigerant Market Competitive landscape analysis 2024

Posted October 2, 2019 by sandycool

Refrigerant market was estimated at USD 22.9 billion in 2019 and expected to reach USD 31.0 billion by 2024, growing at a rate of 6.2% CAGR.

Recent Developments

Honeywell International Inc. is a multinational conglomerate company. It manufactures commercial and consumer products, engineering services and aerospace system. The company supplies its products to a wide range of customers, from private consumers to major corporations and governments. Honeywell unveiled new nonflammable refrigerant with low global warming potential for use in stationary air conditioning systems. The company invents and manufactures diversified technology worldwide.

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Market Segmentation

Market Data Forecast published a report named Refrigerant market. It is worth USD 14.9 billion in 2019 and is projected to grow at a CAGR of 4.7%, to reach USD 18.75 billion by 2024.

Report segmented as:



Large-scale Refrigerators
Air Conditioners
Heat Pumps
Based on the type, hydrocarbons are estimated to account for the biggest proportion of the Energy Recovery ventilator market in 2019. Under the application, the air conditioners section is estimated to account for the highest revenue under this segment.   

Geographical Segmentation   

By geography, the market is segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa.

Key Market Players:   

The Linde Group
Honeywell International Inc.
Asahi Glass Co.
Sinochem group
Hess Corporation
Airgas Inc.
A-gas international
Dongyue Group
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The Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us   

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

The sales manager at Market Data Forecast

Email: [email protected]

Tel: +1-888-702-9626

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Tags refrigerant , MarketShare , marketvalues , MarketTrends , forecast
Last Updated October 2, 2019