The Americas has always been a strong market for hydrocarbon refrigerants. In terms of CAGR, America is the second fastest-growing market, projected to grow at approximately 13% from 2013-2018. The key countries of the Americas refrigerants market include the U.S., Brazil, Canada, and Mexico. The U.S. is the most dominant country in the Americas market, having accounted for a significant share of 74.2% in 2012.
Browse through the TOC of the Americas Hydrocarbon Refrigerants Market Report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Americas hydrocarbon refrigerants market, and is supported by various tables and figures.
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Hydrocarbon (HC) refrigerants are organic substances made from hydrocarbons, and used in refrigerators and air conditioners. HC refrigerants also refer to a line of refrigerants manufactured by OZ Technology that are non-ozone depleting. Hydrocarbon gases are generally used as fuel, however few hydrocarbon gases such as R170, 290, and 600A are successfully being used for cooling purpose in industrial, commercial, and domestic applications. Unlike inorganic refrigerants, HC refrigerants are flammable, which makes them unsafe for use in certain commercial applications, where continuous direct human contact is required. However, with better guidelines and processes in plance, the regulatory bodies are approving usage of HC refrigerants in newer industries as well.
Globally, the U.S. is one of the leading producers and consumers of hydrocarbon refrigerants. Since the use of hydrocarbon was restricted earlier in the U.S., the uplift of the restriction has given way to demand of hydrocarbon consumption in region. The growth in this sector is mainly due to increasing demand for chilled and frozen food & beverages. The stationery air conditioners application segment was recorded to be the largest consumer of refrigerants in 2012.
The report covers the Americas hydrocarbon refrigerants market, which is segmented on the basis of application and geography. In the Americas market, the major applications of hydrocarbon refrigerants include refrigeration (domestic refrigeration, commercial refrigeration, transportation refrigeration, and industrial refrigeration) and air conditioning (stationary air conditioners, chiller & hydronic heat pumps, and mobile air conditioners).
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