A refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. Many working fluids have been used for such purposes. Fluorocarbons, especially chlorofluorocarbons, became commonplace in the 20th century, but they are being phased out because of their ozone depletion effects. Other common refrigerants used in various applications are ammonia, sulfur dioxide, and non-halogenated hydrocarbons such as propane.
The growing emphasis on global warming and climate change has resulted in the implementation of stringent regulations for cleaner, safer, and more energy-efficient households and workplaces worldwide. This has propelled building owners to renovate old buildings, including replacing or retrofitting existing HVAC equipment for making them more energy-efficient. These efforts to phase out the currently used refrigerants will lead to an increased demand for replacement of refrigerants, thereby aiding the growth in the HVAC refrigerant market.
APAC dominated the HVAC Refrigerant market and occupied most of the overall market share. Much of this region’s growth can be attributed to the surge in constructional activities in several APAC nations, especially India and China. Factors such as growing demand from the industrial sectors such as construction and automotive from the developing countries will boost the market’s growth in this region over the next four years.
Global HVAC Refrigerant market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for HVAC Refrigerant.
This report researches the worldwide HVAC Refrigerant market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global HVAC Refrigerant breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the top manufacturers' HVAC Refrigerant capacity, production, value, price and market share of HVAC Refrigerant in global market. The following manufacturers are covered in this report:
HVAC Refrigerant Breakdown Data by Type
HVAC Refrigerant Breakdown Data by Application
HVAC Refrigerant Production Breakdown Data by Region
HVAC Refrigerant Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global HVAC Refrigerant capacity, production, value, consumption, status and forecast;
To focus on the key HVAC Refrigerant manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of HVAC Refrigerant :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.