The Natural Refrigerants Global Market Report 2023, provides comprehensive information on the natural refrigerants market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global natural refrigerants market is expected to grow from $1.30 billion in 2022 to $1.41 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global natural refrigerants is expected to reach $1.92 billion in 2027 at a CAGR of 8.1%.
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Product innovation has emerged as a key trend gaining popularity in the natural refrigerant market. Major companies operating in the natural refrigerant market are concentrating on creating innovative products to strengthen their position in the market. For instance, in June 2022, ATMOsphere, a US-based natural refrigerant products and services provider, introduced the natural refrigerants label to offer best-in-class manufacturers of natural refrigerant systems and components. The label is intended to assist qualified producers in marketing goods to new consumers and areas in the fast-growing and highly competitive natural refrigerant sector, including ammonia/NH3 (R717) products. Furthermore, the badge is intended to assist end consumers in identifying best-in-class providers, and any unauthorized usage must be notified.
The natural refrigerants market is segmented:
1) By Type: Ammonia (R-717), Carbon Dioxide (R-74
4), Hydrocarbons, Other Types
2) By Application: Refrigerators, Air Conditioning Systems, Other Applications
3) By End-Use Industry: Industrial, Commercial, Domestic
Europe was the largest region in the natural refrigerants market in 2022.
The table of contents in TBRC’s natural refrigerants market report includes:
1. Executive Summary
2. Natural Refrigerants Market Characteristics
3. Natural Refrigerants Market Trends And Strategies
4. Natural Refrigerants Market – Macro Economic Scenario
6. Natural Refrigerants Market Segmentation
………..
32. Global Natural Refrigerants Market Competitive Benchmarking
33. Global Natural Refrigerants Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Natural Refrigerants Market
35. Natural Refrigerants Market Future Outlook and Potential Analysis
36. Appendix
Top Major Players:
Sinochem Corporation
Linde Plc
Air Liquide
Emerson Electric Co.
Evonik Industries AG
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