The Report “Asia Pacific Refrigerant Market By Type (Fluorocarbon, Inorganic, Hydrocarbons, Others), Application (Domestic Refrigeration, Commercial Refrigeration, Industrial Refrigeration, Stationary AC, Mobile AC, Others), Geography – Forecast to 2021” is estimated to reach $1,075.9 million by 2021, growing at a CAGR of 7.3% from 2016 to 2021.
Browse through the TOC of the Asia Pacific Refrigerant Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Refrigerants are mainly used as a cooling medium in heat pumps as well as air conditioning and refrigeration systems. The repetitive evaporation and condensation of the refrigerant gas draws heat from a system and produces a cooling effect.
The increasing domestic demand, coupled with lower manufacturing cost, is expected to drive the growth of the refrigerant market in China. The growing construction, automobile, and packaged food industries are fueling the demand for refrigerant in Asia-Pacific.
Depending on types, the refrigerant market has been segmented into fluorocarbons, inorganic, hydrocarbon, and others. Other refrigerants consist of blends of fluorocarbon refrigerants that form azeotropic or zeotropic refrigerant mixture. In the recent years, the market has witnessed a shift from fluorocarbon-based refrigerants, such as HFCs and HCFCs to natural refrigerants, such as ammonia, CO2, and hydrocarbons.
Based on application, the market has been categorized into domestic refrigeration, commercial refrigeration, transportation refrigeration, industrial refrigeration, stationary AC, mobile AC, and chillers and hydronic heat pump. In this report, the Asia-Pacific refrigerant market has also been divided into major countries, including China, India, Japan, Indonesia, and rest of Asia-Pacific.
The report also includes supply chain analysis, trade analysis, and refrigerant competence. Apart from these, market metrics such as drivers, restraints, opportunities, challenges have also been studied in the report. In addition, it presents a competitive scenario and company profiles of the key players in this market.
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