Refrigerant is a substance or a mixture, generally a fluid, used in
a heat pump and refrigeration cycle that can extract heat from another body or
substance. They are used in cooling systems like Air-Conditioners or
Refrigerators, as the heat carrier which changes from gas to liquid and then
back to gas in the refrigeration cycle.
Increasing usage of cooling
systems worldwide is pushing the Global Refrigerant Market ahead.
Growing demand for cooling
systems across various industry verticals is the main market driver for the Refrigerant Market.
Automobile Industry is one of the powerful forces driving this
market. Cooling systems in automobiles are a basic requirement these days. This
implies, as long the automotive industry remains growing, the Refrigerant Market
will be automatically propelled ahead.
Consumer Products, Durables and
Food Industry is also a major driving force for the Refrigerant Market.
Asia-Pacific region is the largest market for Refrigerants followed
by America and Europe. The demand for cooling equipment in Asia-Pacific,
especially China and India has seen steady growth over years. These
refrigerants find their applications in various end-user industries such as
automobile, commercial and industrial sectors and these areas are booming in
the Asia-Pacific region.
Some of the major giants in the
Global Refrigerant Market mentioned below.
- Daikin Industries Ltd.
- Honeywell International
- Arkema SA (France)
- The Chemours Company
- Solvay SA
To Avail a Sample Brochure on “Refrigerant Market”, Follow the below
Link:
CONTACT:
Mr. Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)
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