Natural Refrigerants Market Worth $1.13 Billion in 2023 to Reach $1.55 Billion by 2030 at a CAGR of 4.5%
Market Overview
The global natural refrigerants market is expected to reach $1.55 billion by 2030, growing at a CAGR of 4.5% from 2023. This growth is driven by increasing environmental concerns and regulations limiting the use of harmful synthetic refrigerants. Natural refrigerants, such as ammonia, carbon dioxide, and hydrocarbons, offer a more sustainable and environmentally friendly alternative.
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Market Scope
The report by Maximize Market Research offers insights into the natural refrigerants market, including:
- Consumer preferences and buying habits
- Market size and segmentation by type (ammonia, carbon dioxide, hydrocarbons, others) and end-use (commercial, industrial, domestic)
- Competitive analysis of key players
- Growth strategies adopted by leading companies
Segmentation
- By Type:
- Ammonia (R-717)
- Carbon Dioxide (R-744)
- Hydrocarbons (propane, isobutene, propylene)
- Others
- By End-Use:
- Commercial
- Industrial
- Domestic
Market Players
- Linde Group
- Airgas Inc.
- A-Gas International
- Sinochem
- Puyang Zongwei Fine Chemical Co. Ltd.
- Shangdong Yueon Chemical Co. Ltd.
- Alfa Laval
- Dorin S.p.A.
- Energy Recovery, Inc.
- Engas Australasia
- Evonik Industries AG
- GEA Group Aktiengesellschaft
- HyChill Australia
- Intergas Heating Ltd
- Johnson Controls, Inc.
- Natural Refrigerants Co.
- Nidec Global Appliance
- PuyangZhongwei Fine Chemical Co., Ltd
- Secop GmbH
- Shandong Yuean New Material Co., Ltd.
- Tazzetti S.p.A. ("Tazzetti")
- TEKO Gesellschaft fur KaltetechnikTemprite Company
- True Manufacturing Co., Inc.
Regional Analysis
The report analyzes the natural refrigerants market across key regions, including:
- Asia Pacific
- Europe
- North America
- South America
- Middle East and Africa
COVID-19 Impact Analysis
The report assesses the impact of COVID-19 on the natural refrigerants market, considering both challenges and opportunities.
Key Questions Answered
The report answers critical questions about the natural refrigerants market, such as:
- What is the market size and growth rate of the natural refrigerants market?
- Which segments are growing the fastest?
- Who are the key players in the market?
- What are the key factors driving the market growth?
- What are the challenges and opportunities in the market?
- How has COVID-19 impacted the market?
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