HFO Refrigerant Market Size, Share and Forecast 2021-2027
The global HFO refrigerant market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). HFO refrigerant or Hydrofluoroolefins refrigerant is a new type of refrigerant that causes less global warming and is a replacement for HFC (hydrofluorocarbons). HFC is mostly found in domestic fridges and has a global warming potential of 1,000 times that of carbon dioxide.
HFC’s and
CFCs (chlorofluorocarbons) are the fastest-growing greenhouse gases and
increasing every year that is very harmful to the environment. Rising
environmental concern is driving the growth of the HFO refrigerant market
across the globe. It is a widely used refrigerant across the globe.
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However, some factors are restraining the growth of the market that
includes the high cost involved in HFO. However, new advancements in
refrigeration as in creating of blends, and the phase-out policy of HFC will
eventually increase the consumption of HFO in the future and hence will drive
the HFO industry growth during the forecast period.
Market Coverage
·
The market
number available for – 2020-2027
·
Base year-
2020
·
Forecast
period- 2021-2027
·
Segment
Covered-
·
By
Refrigerant Type
·
By
Application
·
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- Harp International Ltd., The LINDE Group, DuPont Inc., and Others.
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Global HFO Refrigerant Market Report Segment
By Refrigerant Type
·
R-1234YF
·
R-1234ZE
·
R-1234ZD
By Application
·
Refrigeration
·
Air-Conditioning
By End-User
·
Domestic
·
Commercial
·
Transportation
·
Industrial
Global HFO
Refrigerant Market Report Segment by Region
North
America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the
World
·
Latin America
·
Middle East & Africa
Company
Profiles
·
A?Gas International Ltd.
·
Climalife Groupe Dehon
·
DuPont Inc.
·
Gas Servei SA
·
GTS SPA
·
Honeywell International Inc.
·
KPS Global
·
Linde Plc
·
Messer Canada Inc.
·
The Chemours Co.
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2.
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3.
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4.
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