Global Low GWP Refrigerants Market

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Global Low GWP Refrigerants Market Industry
Trends and Forecast to 2026
Global Low GWP Refrigerants Market, By Type
(Inorganics, Hydrocarbons, Flurocarbons),
Applications (Commercial Refrigeration,
Industrial Refrigeration, Domestic
Refrigeration), Geography (North America, South
America, Europe, Asia-Pacific, Middle East and
Africa)
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global-low-gwp-refrigerants-market
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Report Description
Global low GWP refrigerants market is expected to
rise from its initial estimated value of USD
16.40 billion in 2018 to an estimated value of
USD 40.11 billion by 2026, registering a CAGR of
11.83 in the forecast period of 2019-2026. A
refrigerant is a substance or mixture which is
used in cooling mechanism like air conditioner or
refrigerator. They act as a heat carrier which
changes gas to liquid and back to gas in
refrigeration cycle. One of the most common
commercial refrigerants is chloroflurocarbons or
CFCs because they have high ozone damaging
potential. Ammonia, Sulphur dioxide and
non-halogenated hydrocarbons are other
refrigerants which are used in other applications.
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Major Key Players

• Some of the major players operating in this
  market are
• Honeywell International Inc.
• Sinochem
• Airgas, Chem.
• Engas Australasia
• A-gas
• Puyang Zhongwei Fine Chemical Co., Ltd.
• Harp International Ltd.
• Tazzetti S.p.A.
• The Chemours Company
• Mexichem S.A.B. de C.V.
• Airedale Air Conditioning
• Dongyue Group Co., Ltd.

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Market Segmentation
By Type (Inorganics, Hydrocarbons,
Flurocarbons) By Applications (Commercial
Refrigeration, Industrial Refrigeration, Domestic
Refrigeration) By Geography (North America,
South America, Europe, Asia-Pacific, Middle East
and Africa)
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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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