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.
Natural refrigerants event expected to be biggest ever
May 16, 2016
ATMOsphere America, a conference focusing on how natural refrigerants are being used in refrigeration, air conditioning, and heating systems, returns for its fifth edition, June 16 and 17, at the Westin Michigan Avenue in Chicago.
Change of status sought on some HCs, 1234yf in specific end uses
April 4, 2016
The U.S. Environmental Protection Agency (EPA) on March 29 proposed to expand the list of acceptable substitutes and prohibit the use of certain chemicals in the United States that significantly contribute to climate change where safer, more climate-friendly alternatives exist.
Although it’s commonly acknowledged that there is no one-size-fits-all answer, natural refrigerants, such as carbon dioxide (R-744), ammonia (R-717), and the hydrocarbon (HC) refrigerants propane (R-290) and isobutane (R-600), have been garnering attention.
Offers a quicker pull-down time compared to other refrigerants
October 19, 2015
MTL Cool said its new line of display cases using R-441A offers improved efficiency compared to units running on either R-134a or R-290 (propane), with test data showing that the first of this line, the new NRC2 system, runs on a 17 percent lower charge and requires 17 percent less energy compared to units running on R-290.
Europe is the largest market for natural refrigerants
September 25, 2015
The global natural refrigerants market is forecast to reach $1.4 billion by 2020, growing at a compound annual growth rate (CAGR) of 11.5 percent between 2015 and 2020, according to a report published by MarketsandMarkets.
Stationary air conditioning dominates the refrigerants market
August 24, 2015
The global refrigerants market is forecast to reach $21 billion by 2020, growing at a compound annual growth rate (CAGR) of 6 percent from 2015 to 2020, according to a report published by MarketsandMarkets.
Driven by shifts in technology, policy, regulations, and consumer demands, those managing the refrigerant sector must surmount these complexities and navigate governmental uncertainty to build a path to sustainability.