HFC Refrigerants Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global HFC refrigerant market is
anticipated to exhibit a CAGR of 3.7% during the forecast period (2021-2027).
The growing urbanization in the developing economies across the globe is
creating higher demand for consumer products across the globe. According to the
report of the United Nations, in May 2018, 55.0% of the world’s population
lived in urban areas which are expected to reach 68.0% by 2050 that will account
for more than 6 billion people. The increase in urbanization will lead to an
increase in the need for better infrastructure requirements which will
eventually lead to a rise in demand for better air conditioning services.
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HFCs offers several benefits as a
refrigerant; as it contributes less to depleting of the ozone layer as it does
not contain chlorine and does not deplete the stratosphere layer of the ozone
layer. It is also used for replacements for older CFCs and HCFCs that are more
hazardous to the environment. In addition to this, the rise in cold chain
market and growing food retail chains globally due to the economic expansion of
middle-class income groups in countries such as China and India. However, the
growing market for natural refrigerants and HFO refrigerants owing to their
offered advantages is likely to make a negative impact on the growth of the HFC
refrigerant market.
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Market
Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
o By
Types
o By
Application
·
Regions Covered-
o North
America
o Europe
o Asia-Pacific
o Rest
of the World
·
Competitive Landscape-Linde AG, Arkema Group,
Daikin Industries, Ltd., Honeywell International Inc., The Chemours Company,
LLC
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment and region dominate the market in
the base year?
·
Which segment and region will project the
fastest growth in the market?
·
How COVID-19 impacted the market?
o Deviation
from the pre-COVID-19 forecast
o Most
affected region and segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
HFC Refrigerant Market Report Segment
By
Types
·
HFC-134a
·
HFC-125
·
HFC-143a
·
HFC-32
·
HFC-152a
·
Others
By
Applications
·
Air Conditioners
·
Automotive Air Conditioners
·
Refrigerators
·
Others
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HFC Refrigerants Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
Arkema Group.
·
Daikin Industries,
Ltd.
·
Dongyue Group
·
Foam Supplies, Inc.
·
Harp International
Ltd.
·
Honeywell
International Inc.
·
Linde AG
·
Mexichem S.A.B. de
C.V
·
National
Refrigerants, Inc.
·
ZheJiangYonghe
Refrigerant Co., Ltd.
·
Xiamen Juda
Chemical & Equipment Co., Ltd.
·
SOL Hellas A.E.
·
Shandong Yuean New
Material Co., Ltd.
·
The Chemours
Company FC, LLC.
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