Global refrigerant demand is expected to grow

Date: 2013/10/16
Subject: <a href="/en/news/sectoral_intelligence?news_search_form%5Bsubject_ids%5D%5B%5D=427#results">Figures, economy
Themes: <a href="/en/search/Refrigerants,%20secondary%20refrigerants:%20economics%20and%20statistics">Refrigerants, secondary refrigerants: economics and statistics
Keywords: Refrigerant
Commissions: Thermodynamics & transfer processes; Refrigerating equipment

Global refrigerant demand is expected to grow at a compound-annual-growth rate (CAGR) of 5.2% over the next five years and reach 1.6 million metric tons by 2018.

According to Markets and Markets, global refrigerant demand is expected to grow at a compound-annual-growth rate (CAGR) of 5.2% over the next five years and reach 1.6 million metric tons by 2018.

The Asia-Pacific region accounted for around half of refrigerant demand in 2012.

Growing demand for cooling equipment and high growth in this area are expected to remain the driving forces for refrigerant demand in the near future.