Global Refrigerant Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024 - MarketResearchNest.com

Global Refrigerant Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024

Description :
The Global Refrigerant Market is accounted to reach 1,887.50 Thousand Metric Tons by 2024 from 1,244.18 Thousand Metric Tons in 2016, it is growing at a CAGR of 5.5% in the forecast period 2017 to 202...

Publish Date : 01-Nov-2017

No.Of Pages : 350

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The Global Refrigerant Market is accounted to reach 1,887.50 Thousand Metric Tons by 2024 from 1,244.18 Thousand Metric Tons in 2016, it is growing at a CAGR of 5.5% in the forecast period 2017 to 2024.

The major factors driving the growth of this market are china focusing on natural refrigerants as advised by MEP/FECO china, technological changes such as low GWP refrigerants, growth in the cold chain market and increase in the disposable income leading to rise in purchasing power of consumer appliances.

The key market players for Global Refrigerant Market are listed below:

• Arkema SA,
• Dongyue Group Co. Ltd.,
• Honeywell International Inc.,
• The Linde Group,
• Daikin Industries Limited,
• Mexichem S.A.B. De C.V.,
• Sinochem Corporation,
• Asahi Glass Co., Ltd. (AGC),
• SRF Limited,
• Air Liquide (Airgas Refrigerants Inc.),
• A-Gas International,
• OZ-Chill Refrigerants,
• Shandong Yuean Chemical,
• Gas Servei S.A.,
• Zhejiang Fotech International Co Ltd.,
• Changsu 3F Fluorochemical Industry Co Ltd.,
• Tazzetti SPA,
• Quimobasico
The market is further segmented into:
• Type
• Application
• End User
• Geography

The global refrigerant market is segmented on the basis of industry and application. The report provides data for 2015 to 2024, 2016 being the current year while 2017 to 2024 is the forecast period for the report.

On the basis of industry type, the global refrigerant market is segmented into domestic household, industrial refrigeration, commercial racks and condensing units, and light commercial.
In 2017, domestic household based market segment is expected to dominate the global refrigerant market with 43.3% market share and is expected to reach 836.49thousand metric tons by 2024, growing with the highest CAGR of 5.8%.

On the basis of application type, the global refrigerant market is segmented into refrigerators, large scale refrigerators, chillers, air conditioners, heat pumps and others.
In 2017, refrigerators based market segment is expected to dominate the global refrigerant market with 38.7% market share and is expected to reach 759.11 thousand metric tons by 2024, growing with the highest CAGR of 6.1%.
Based on geography, the Global Refrigerant market is segmented into 11 geographical regions, such as,
• North America,
• Europe,
• Asia-Pacific,
• Europe,
• South America,
• Middle East
• Africa

Covered in this report
The report covers the present scenario and the growth prospects of the Global Refrigerant market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UCandC) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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SECONDARY RESEARCH

Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH

Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING

The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION

The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION

After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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