ShareMiddle East and Africa refrigerants market
The Middle East and Africa refrigerants market was valued at USD 1,316.30 million in 2013, and is estimated to reach USD 1,888.90 million by 2019.
The refrigerant market is experiencing high growth due to high demand for cooling products such as refrigerators and air conditioners. The report estimates the Middle East and Africa’s refrigerants market size in terms of both volume and value.
The report provides a comprehensive review of the key market drivers, challenges, and key issues. The Middle East and Africa refrigerants market was valued at USD 1,316.30 million in 2013, and is estimated to reach USD 1,888.90 million by 2019. It is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.9%, from 2014 to 2019. The rising global temperature and high demand for cooling products contribute to the high growth of the refrigerants market.
The demand for major applications of the refrigerants such as domestic refrigerants, commercial refrigerants, transportation refrigerants, industrial refrigerants, stationery air conditioning, chillers, and mobile air conditioning are covered in the report.
The use of refrigerants in the transportation refrigeration application is estimated to be the highest-growing application market for refrigerants in the region. The volume for the segment refrigerants consumed within the transportation-refrigeration market segment was around 1,735 MT in 2013, and is estimated to grow at a CAGR of 8.2% by 2019.
The report provides a comprehensive review of the key market drivers, challenges, and key issues. The Middle East and Africa refrigerants market was valued at USD 1,316.30 million in 2013, and is estimated to reach USD 1,888.90 million by 2019. It is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.9%, from 2014 to 2019. The rising global temperature and high demand for cooling products contribute to the high growth of the refrigerants market.
The demand for major applications of the refrigerants such as domestic refrigerants, commercial refrigerants, transportation refrigerants, industrial refrigerants, stationery air conditioning, chillers, and mobile air conditioning are covered in the report.
The use of refrigerants in the transportation refrigeration application is estimated to be the highest-growing application market for refrigerants in the region. The volume for the segment refrigerants consumed within the transportation-refrigeration market segment was around 1,735 MT in 2013, and is estimated to grow at a CAGR of 8.2% by 2019.