Dry type segment is projected to witness the highest growth rate
April 20, 2016
The global field-erected cooling tower market is forecast to reach $2.11 billion by 2021, growing at a compound annual growth rate (CAGR) of 4.3 percent from 2016 to 2021, according to a new report published by MarketsandMarkets.
The market is being driven by rising HVACR deployments, increasing power-generation capacity, and technological advances in cooling towers. Asia-Pacific is expected to witness strong growth in the next five years. The demand across the region is reinforced by the emerging markets, namely China and India.
The global cooling tower market is forecast to grow from $2.34 billion in 2015 to $2.88 billion by 2020, at a compound annual growth rate (CAGR) of 4.2 percent, according to a new report published by MarketsandMarkets.
Proposal would phase out use of R-134a, R-410A, and R-407C in chillers
February 4, 2016
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) and the Natural Resources Defense Council (NRDC) issued a joint letter to the U.S. Environmental Protection Agency (EPA) in support of changing the status of certain refrigerants used in liquid chillers under the Significant New Alternatives Policy (SNAP) program effective Jan. 1, 2025.
The complete line now offers units from 165 to 1,000 tons
February 3, 2016
Johnson Controls announced it has expanded its magnetic-bearing centrifugal chiller line, the York YMC2, to 1,000 tons of cooling (3,500 kW). The larger cooling capacity units address the need for reduced sound, high efficiency, and low maintenance as well as featuring magnetic bearing and oil free technology.
Alternative to R-134a provides 56 percent lower GWP and comparable performance
January 27, 2016
Johnson Controls announced it is enhancing its HFC product lines to be fully compatible with the non-flammable, low-global warming potential (GWP) refrigerant Opteon™ XP10 (R-513A) manufactured by The Chemours Co. York centrifugal and screw chillers ranging from 125 to 6,000 tons (440 to 21,100 kW) are compatible with R-513A.