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.

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.

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.

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.

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.

The EPA has approved several hydrocarbon (HC) refrigerants for HVACR applications. Do you support the use of HCs?

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.