Make way for the new class of refrigerants that await its entry in the global commercial markets. These are not the generic class of compounds that have been haunting the dreams and discussions of active environmental activists and forums respectively. When the world is out on the hunt for fresh additions to the list of already known refrigerants in the market, their approach is fixated to a singular point of product development — aim at coolants with low-global warming potential (GWP).
Report projects growth rate of nearly 10 percent annually
January 27, 2017
The global refrigerants market was valued at $9.5 billion in 2015, and is projected to reach $18.5 billion by 2022, registering a compound annual growth rate (CAGR) of 9.9 percent from 2016 to 2022, according to a new report published by Allied Market Research.
Refrigeration contractors, technicians, installers among key targets
January 17, 2017
Danfoss has launched a mobile training unit equipped with carbon dioxide (CO₂) solutions and interactive learning modules to help boost CO₂ refrigeration system competency among system builders, refrigeration contractors, service technicians, installers, and technical departments of food retailers.
Stephen Yurek, president and CEO of the Air-Conditioning, Heating, & Refrigeration Institute (AHRI), recently discussed the Kigali Agreement and some of the effects it may have on the HVACR industry with The NEWS.
The market is projected to expand at a 3.2 percent CAGR
January 4, 2017
Future Market Insights (FMI) delivers key insights on the commercial refrigeration systems market in its latest report. According to the report, the U.S. commercial refrigeration systems market is projected to expand at a healthy compound annual growth rate (CAGR) of 3.2 percent in terms of value over the forecast period.
Alternative to R-22 and R-404A approved under SNAP program
January 3, 2017
Arkema’s Forane® 449B (R-449B) refrigerant has been approved by the U.S. Environmental Protection Agency (EPA) for use in multiple refrigeration applications under the agency’s Significant New Alternatives Policy (SNAP) program.