Global Secondary Refrigerants Market, By Type (Salt Brines, Glycols, Carbon Dioxide, Others), By Application (Industrial Refrigeration, Heat Pumps, Commercial Refrigeration, Air Conditioning), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The Global Secondary Refrigerants Market is expected to reach USD 798.16 million by 2025, from USD 445.3 million in 2017 growing at a CAGR of 7.1% during the forecast period of 2018 to 2025.
Secondary refrigerants are in the form of a fluid and are used to transfer heat from a substance being cooled to a heat exchanger, where the heat is absorbed by a primary refrigerant. Secondary refrigerant’s designdecreases the operating refrigerant charge and allows servicing of large area and cooling devices. According to The Japan Refrigeration and Air Conditioning Industry Association (JRAIA), in 2017, the demand for world air conditioner reached to USD 110.56 million with a rise of 8.1% as compared to his above factor proves that the market for air conditioner around the globe is growing and will drive the demand for secondary refrigerants.
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Companies Profiled in this report includes, The Linde Group, The Dow Chemical Company, Eastman Chemical Company, Arteco, Dynalene, Inc.
The Secondary Refrigerants market is expected to grow in the upcoming2026 year. Different risks are considered, that helps to evaluate the complexity in the framework. Progress rate of global industries is mentioned to give a clear picture of business approaches. Various factors, which are responsible for the growth of the market,
- Low impact on the environment.
- Increase in demand for reduction in primary refrigerants charge
- Investment cost is high
- Use of secondary refrigerants in an indirect refrigeration system is expensive.
Segmentation: Global Secondary Refrigerants Market
- Salt Brines
- Calcium Chloride
- Potassium Formate
- Potassium Acetate
- Propylene Glycol
- Ethylene Glycol
- Carbon Dioxide
- Industrial Refrigeration
- Heat Pumps
- Commercial Refrigeration
- Air Conditioning
- North America
- South America
- Middle East & Africa
Competitive Landscape: Global Secondary Refrigerants Market
The global secondary refrigerants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of secondary refrigerants market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Secondary Refrigerants Market
The key players operating in the global secondary refrigerants market are –
- The Linde Group
- The Dow Chemical Company
- Eastman Chemical Company
- Dynalene, Inc.
The other players in the market are Temper Technology AB, SRS Frigadon, hydratech-industries, Environmental Process Systems Inc., Hydratech, B.A.F, Gas Servei, Hillphoenix, Climalife Groupe Dehon, Trane, Nisso Shoji Co. Ltd., A-Gas, Tazzetti S.p.A, National Refrigerants Ltd., Clariant, Mitsubishi Chemical Holdings corporation, Hitachi Chemical Co., NEI Corporation, NICHIA CORPORATION, CHEMTEX SPECIALITY LTD, Nichia Corporation, Srs Frigadon and many more.
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The report gives most significant details of the Global Secondary Refrigerants Market with the help of a thorough and specialized analysis. Defined in a ground-up manner, the report presents an extensive overview of the market based on the factors that are anticipated to have a considerable and measurable impact on the market’s developmental situations over the forecast period.
What the research report offers:
- Market definition of the global Secondary Refrigerants market along with the analysis of different influencing factors like drivers, restraints, and opportunities.
- Extensive research on the competitive landscape of global Secondary Refrigerants – market.
- Identification and analysis of micro and macro factors that are and will effect on the growth of the market.
- A comprehensive list of key market players operating in the global Secondary Refrigerants
- Analysis of the different market segments such as type, size, applications, and end-users.
- It offers a descriptive analysis of demand-supply chaining in the global Secondary Refrigerants
- Statistical analysis of some significant economics facts
- Figures, charts, graphs, pictures to describe the market clearly.
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Table of Content:
Global Secondary Refrigerants Market Research Report 2019-2026
Chapter 1: Industry Overview
Chapter 2: Secondary Refrigerants Market International Market Analysis
Chapter 3: Environment Analysis of Market.
Chapter 4: Analysis of Revenue by Classifications
Chapter 5: Analysis of Revenue by Regions and Applications
Chapter 6: Analysis of Secondary Refrigerants Market Revenue Market Status.
Chapter 7: Analysis of Industry Key Manufacturers
Chapter 8: Sales Price and Gross Margin Analysis of Market.
Continue To TOC…..
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