Dublin, Oct. 29, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/745p95/refrigerant)
has announced the addition of the "Refrigerant
Market - Hydro Chlorofluorocarbons (HCFC), Hydro fluorocarbon
(HFC), Hydrocarbon (HC), Inorganic (Ammonia, Carbon dioxide) -
Trends & Forecasts to 2018" report to their offering.
The growth in consumer durable and automobile industry is driving
the demand in refrigerant industry. Additionally, the major
suppliers are responding towards the phase out of HCFCs by
providing a wide range of alternative refrigerants and maintaining
their supply globally. The primary application of refrigerants is
in the manufacturing of refrigeration and air conditioning
equipments. Some of its others, but significant, uses are in
solvents, foam blowing agents, pharmaceuticals, food stuff,
plastics, electronics etc.
The refrigerant market has great growth potential. The market is
expected to grow at a compound annual growth rate of 5.2%, over the
next five years and reach 1.6 million metric tons by 2018.
Asia-Pacific, with its thriving economies and rapidly expanding
manufacturing bases, is expected to experience highest consumption
during the next five years.
The growing demand for cooling equipment and high growth in
Asia-Pacific region is expected to remain the driving force for
refrigerants demand in long run. However the frequent change in
Montreal Protocol with respect to choice in refrigerant is
restraining the market growth. The use of traditional refrigerant
such as CFC and HFCF is causing greenhouse effects, so its use is
being restricted. Hence, the demand for natural or green
refrigerants is emerging in the refrigerant market.
This report studies and forecasts the refrigerant
market till 2018. The market is further segmented and forecasted
for major geographic regions such as: Americas, Europe,
Asia-Pacific, and Rest of the World that include key growth regions
like China, and India. Major countries with the volumes and
revenues are covered for each of the region. Market estimations
have been provided in terms of consumption volume (metric ton) and
market revenue (USD). The global as well as regional markets have
been segmented by applications such as refrigeration (domestic,
commercial, transportation, and industrial), and AC (stationary or
air to air AC, chillers & hydronic heat humps and Mobile
AC).
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Refrigerant Market, By Types
6 Refrigeration Market, By Applications
7 Refrigerant Market, By Geography
8 Competitive Landscape
9 Company Profiles
Companies Mentioned
- Airgas Inc.
- Arkema S.A.
- Asahi Glass Co. Ltd
- Daikin Industries Ltd
- Dongyue Group Ltd
- E.I. DU Pont DE Nemours & Co.
- Gujarat Fluorochemicals Ltd
- Harp International Ltd
- Honeywell International Inc.
- Linde A.G.
- Mexichem S.A.B DE C.V.
- National Refrigerants
- Navin Fluorine International Ltd
- Puyang Zhongwei Fine Chemical Co. Ltd
- Quimobasicos S.A DE C.V
- SRF Ltd
- Shandong Yuean Chemical Industry Co.
- Sinochem Group
- Solvay S.A.
- Zhejiang Juhua Co. Ltd
For more information visit http://www.researchandmarkets.com/research/745p95/refrigerant
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Process and Materials