Global Eco-friendly Refrigerants Market is expected to grow at a CAGR of 7.8% during the forecast period. Global Eco-friendly Refrigerants Market is expected to reach US$ 22800 Mn by2026. The global Eco-friendly Refrigerants market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Eco-friendly Refrigerants market report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Global Eco-friendly Refrigerants Market Overview
High Prevalence of environmental problems with time the demand for Eco-friendly Refrigerants has grown because of its increased usage in end user Products. Refrigerators are used to cool down the liquid or air. After their introduction refrigerators turned to be a big boon for humanity, they keep food cool to preserve them from getting contaminated in high temperatures and act as a preservative shield for them. Fluids that are used for refrigeration purposes are classified into primary and secondary liquids. Primary liquids provide refrigeration through a modification process in the evaporator. Eco-friendly refrigerators are used in a variety of products such as commercial and domestic refrigeration, food and beverage industry, cold storage because of their added benefits to the environment. And are also employed in a unitary mode in air conditioners, transports refrigeration systems, heat pumps, and mobile air conditioners.Global Eco-friendly Refrigerants Market Dynamics
An increase in consumer purchasing capacity and awareness regarding environmental issues caused by chemicals are driving the market growth of eco-friendly refrigerants. The use of green refrigerants such as saturated and saturated hydrocarbons is anticipated to witness positive growth in the coming years. Because of their advantages such as minimum ozone depletion potential and low global warming potential and other benefits combined with high investments for research and development by key market players are anticipated to push the market growth. Moreover, technological advancements and rapid urbanization, and government support for the use of eco-friendly ingredients combine with the presence of key market players in the industry are propelling the market growth. Refrigerants have become a most important part of a day-to-day activity where an everyday person comes across at least one refrigerator. Its increase in demand and initiatives taken by various non-profit organizations propelled the market growth of environmentally friendly refrigerators. However, factors like the high cost of installation and waste of energy combined with technical glitches restraining the market growth.Global Eco-friendly Refrigerants Market Segment Analysis
Based on product, the eco-friendly refrigeration market is segmented into saturated and unsaturated hydrocarbons. Both are used to cool down food. Saturated hydrocarbon has advantages such as they are very low in global warming potential (GWP), good compatibility with other components, zero ozone depletion potential, and others which makes it the most preferred choice. Saturated hydrocarbons are gaining popularity since the 1990s and are used for applications like vending machines, chill cabinets, the food industry, cold storage, and many others. Whereas unsaturated hydrocarbons are entirely made up of double or triple carbon bonds converting them into the strongest binding agent for refrigeration. By end-user, the industrial and commercial segment is anticipated to register the highest growth in the market due to increased use of refrigerators in developing economies such as India, Japan, China and others. Refrigeration helps in keeping food safe and due to the high population in the world wastage of food is high keeping that in mind demand for eco-friendly refrigerators has increased. In the industrial sector, it helps in keeping stored raw materials cool for future use. While in the commercial sector refrigeration’s are used in households, bakeries, food outlets, and others due to which both these segments are growing. Followed by transportation and air conditioners. In transportation, the cooling system is needed to transfer cold-stored food from one place to another.
Global Eco-friendly Refrigerants Market Regional Insights:
The Asia Pacific and North America are anticipated to register the highest growth in the region in terms of revenue and sales due to the increased demand for eco-friendly refrigerants in various applications. The rise in the demand for certified, chemical-free electric-powered items in the region, changed lifestyle & elevated per capita income of consumers combined with Eco-friendly Refrigerants ability to pollute less is growing the market in the Asia Pacific and North America moreover presence of key market players in the USA proven to be most opportunistic for the growth of the market in North America. India, China, Japan, Thailand contributed most of the Asian Pacific region’s market growth followed by the USA and Canada for North America. South America and the European region witnessed an upsurge as well due to increased awareness and preference of consumers towards purchasing more eco-friendly refrigerants. As in Europe, demand for baked food is high which has led to increased demand for refrigerants that will support business as well as the environment. England, France, Germany contribute most to the region's market development. whereas the Middle East and Africa expected to register fast growth due to the prevalence of hot weather in the region and the high demand for cooling equipment. The objective of the report is to present a comprehensive analysis of the Global Eco-friendly Refrigerants Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Eco-friendly Refrigerants Market dynamics, structure by analyzing the market segments and project the Global Eco-friendly Refrigerants Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Eco-friendly Refrigerants Market make the report investor’s guide.Global Eco-friendly Refrigerants Market Scope: Inquire before buying
Global Eco-friendly Refrigerants Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South AmericaGlobal Eco-friendly Refrigerants Market Key Players
• AGC Inc. • Arkema SA • ASPEN Refrigerants, Inc. • Daikin Industries, Ltd. • Harp International Ltd. • Honeywell International Inc. • SRF Limited • Tazzetti S.p.A • The Chemours Company • The Linde Group • Climate AC and Heating. • Day & Night Air. • Ellis Air Systems. • English Air. • Kool Breeze
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Eco-friendly Refrigerants Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Eco-friendly Refrigerants Products Market 3.4. Geographical Snapshot of the Eco-friendly Refrigerants Products Market, By Manufacturer share 4. Global Eco-friendly Refrigerants Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Eco-friendly Refrigerants Market 5. Supply Side and Demand Side Indicators 6. Global Eco-friendly Refrigerants Market Analysis and Forecast, 2019-2026 6.1 Eco-friendly Refrigerants Market Size & Y-o-Y Growth Analysis 7. Global Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 7.1.1. Saturated Hydrocarbon Refrigerant 7.1.2. Unsaturated Hydrocarbon Refrigerants 7.1.3. Other 7.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 7.2.1. Industrial Refrigeration 7.2.2. Air conditioners 7.2.3. Residential 7.2.4. Commercial Refrigeration 7.2.5. Transportation 7.3. Market Size (Value) Estimates & Forecast by Region, 2019-2026 7.3.1. North America 7.3.2. South America 7.3.3. Europe 7.3.4. Asia Pacific 7.3.5. Middle East and Africa 8. North America Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 8.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 8.1.1. Saturated Hydrocarbon Refrigerant 8.1.2. Unsaturated Hydrocarbon Refrigerants 8.1.3. Other 8.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 8.2.1. Industrial Refrigeration 8.2.2. Air conditioners 8.2.3. Residential 8.2.4. Commercial Refrigeration 8.2.5. Transportation 9. North America Eco-friendly Refrigerants Market Analysis and Forecasts, By Country 9.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 9.1.1. US 9.1.2. Canada 9.1.3. Mexico 10. U.S.A Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 10.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 10.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 11. Canada Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 12. Mexico Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 13. Europe Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 14. Europe Eco-friendly Refrigerants Market Analysis and Forecasts, By Country 14.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 14.1.1. U.K 14.1.2. France 14.1.3. Germany 14.1.4. Italy 14.1.5. Spain 14.1.6. Sweden 14.1.7. CIS Countries 14.1.8. Rest of Europe 15. U.K. Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 15.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 15.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 16. France Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 17. Germany Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 18. Italy Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 19. Spain Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 20. Sweden Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 21. CIS Countries Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 22. Rest of Europe Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 23. Asia Pacific Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 24. Asia Pacific Eco-friendly Refrigerants Market Analysis and Forecasts, by Country 24.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 24.1.1. China 24.1.2. India 24.1.3. Japan 24.1.4. South Korea 24.1.5. Australia 24.1.6. ASEAN 24.1.7. Rest of Asia Pacific 25. China Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 25.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 25.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 26. India Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 27. Japan Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 28. South Korea Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 29. Australia Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 30. ASEAN Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 31. Rest of Asia Pacific Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 32. Middle East Africa Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 33. Middle East Africa Eco-friendly Refrigerants Market Analysis and Forecasts, by Country 33.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 33.1.1. South Africa 33.1.2. GCC Countries 33.1.3. Egypt 33.1.4. Nigeria 33.1.5. Rest of ME&A 34. South Africa Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 34.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 34.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 35. GCC Countries Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 36. Egypt Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 37. Nigeria Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 38. Rest of ME&A Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 39. South America Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 40. South America Eco-friendly Refrigerants Market Analysis and Forecasts, by Country 40.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 40.1.1. Brazil 40.1.2. Argentina 40.1.3. Rest of South America 41. Brazil Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 41.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 41.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 42. Argentina Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 43. Rest of South America Eco-friendly Refrigerants Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Product, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By End-User, 2019-2026 44. Competitive Landscape 44.1. Geographic Footprint of Major Players in the Global Eco-friendly Refrigerants Market 44.2. Competition Matrix 44.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Users and R&D Investment 44.2.2. New Product Launches and Product Enhancements 44.2.3. Market Consolidation 44.2.3.1. M&A by Regions, Investment and Verticals 44.2.3.2. M&A, Forward Integration and Backward Integration 44.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 44.3. Company Profile : Key Players 44.3.1. KG Pektin-Fabriken 44.3.1.1. Company Overview 44.3.1.2. Financial Overview 44.3.1.3. Geographic Footprint 44.3.1.4. Product Portfolio 44.3.1.5. Business Strategy 44.3.1.6. Recent Developments 45.3.2 AGC Inc. 45.3.3 Arkema SA 45.3.4 ASPEN Refrigerants, Inc. 45.3.5 Daikin Industries, Ltd. 45.3.6 Harp International Ltd. 45.3.7 Honeywell International Inc. 45.3.8 SRF Limited 45.3.9 Tazzetti S.p.A 45.3.10 The Chemours Company 45.3.11 The Linde Group 45.3.12 Climate AC and Heating. 45.3.13 Day & Night Air. 45.3.14 Ellis Air Systems. 45.3.15 English Air. 46 Primary Key Insights