Refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again.
China is the major manufacturing and consumption market in the world. China is the largest consumption area of refrigerant. And its consumption share of refrigerant is responsible for 356.3 K MT in the world in 2015. The Europe, USA and Japan are other major consumption area. The Europe consumes 191.9 K MT and the number in the USA is 135.4 K MT in 2015. Consumption of refrigerant in Japan is smaller than the USA which is about 63 K MT in 2015.
Due to damage to the environment freon achilles heel, the EU implemented a policy of Air Condition without fluoride in early 2004. Many developed countries have also accelerated the R22 (commonly known as freon) phase-out the pace. The United States, Japan and Canada banned R22 in 2010 in new equipment. Currently, the international fluoride ban has become China's largest air-conditioning outlet green barriers, so as the world's "White Kingdom". Now, there are many replacements of R22, such as R410a, R404a and other and these refrigerants have little ozone depletion and are environment-friendly products. In 2013, Europe has begun to ban the R134a refrigerant in new automotive air conditioner and many automotive air conditioner manufacturers choose HFO 1234 yf to replace R134a. And EPA has approved of automotive air conditioner manufacturers using HFO1234yf in Automotive air conditioner.
With the development of eco-friendly refrigerant, we tend to believe that this industry still has a bright future. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
Global Refrigerant market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Refrigerant.
This report researches the worldwide Refrigerant market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Refrigerant breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Navin Fluorine International
Ying Peng Chemical
China Fluoro Technology
Refrigerant Breakdown Data by Type
Refrigerant Breakdown Data by Application
Automotive Air Conditioner
Refrigerant Production Breakdown Data by Region
Refrigerant Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Refrigerant capacity, production, value, consumption, status and forecast;
To focus on the key Refrigerant manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Refrigerant :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.