Global refrigerant market forecast to 2022

Date: 2017/10/06
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: Economy ; World ; Refrigerant
Commissions: Refrigerated storage; Air conditioning; Refrigerating equipment; Food science & engineering; Refrigerated transport

In May 2017, MarketsandMarkets published a report which estimates global refrigerants markets at USD 14.49 Billion in 2017 and projects a growth by 2022, when this market could reach USD 18.05 Billion, at a Compound Annual Growth Rate of 4.5%. Asia-Pacific, which already represented the largest refrigerants global market share in 2016, should match this trend from 2017 to 2022, thanks to its growing urbanisation and cold chain market.

The report also gives information on the global market by refrigerant type. According to the projections, hydrocarbons are expected to be the fastest-growing segment in the refrigerant market.

For further information, please see http://bit.ly/MarketsMarkets-NL71