In accordance with this study, the Global Low GWP Refrigerants Market value registered in 2022 was close to USD 27.24 BN and is predicted to outstretch revenue by USD 70.89 BN in 2030 with a CAGR of 12.7% during the period of 2023-2030. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023-2030.
Refrigerants are fluids responsible for cooling mechanism in refrigeration system that are used across appliances like refrigerators and air conditioners. HFCs and other fluorocarbon gases are being used as refrigerants. Low GWP refrigerants such as hydrofluorocarbons (HFCs) are organic compounds that has very less impact on environment and are used to replace older CFCs which depletes the ozone layer. Such refrigerants are widely used in a variety of applications such as air-conditioning and fire-extinguishing systems.
Market Dynamics
The rising use of low GWP refrigerants in various appliances, as it has very less impact on the environment, is stimulating the market demand. Also, increasing demand for refrigerators and air-conditioners, is boosting the market growth of low GWP refrigerants. However, the high initial capital cost required for producing low GWP refrigerant may hinder market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of low GWP refrigerants.
Market Segmentation
The study offers a decisive view of the global low GWP refrigerants market by segmenting it in terms of type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Type
By Application
Regional Analysis
This section covers low GWP refrigerants market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global low GWP refrigerants market along with the individual application segment across all the prominent region.
Global Low GWP Refrigerants Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global Low GWP Refrigerants market are Linde Group (Germany), Honeywell (US), Sinochem Group (China), Airgas Inc. (US), Engas Australasia (Australia), A-Gas (UK), Puyang Zhongwei Fine Chemical (China), Harp International (UK), Tazzetti (Italy), Shandong Yucon Chemical Industry (China), HyChill Australia (Australia), GTS (Italy), Chemours (US), Mexichem (Mexico), Daikin (Japan), and Arkema (France). This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . LOW GWP REFRIGERANTS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL LOW GWP REFRIGERANTS MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Inorganics (Ammonia, Carbon Dioxido, Others (Air, And Water)) Historic and Forecast Sales by Regions
5.5 Hydrocarbons (Isobutane, Propane, Others (Butane, Propylene, Ethylene, And Ethane)) Historic and Forecast Sales by Regions
5.6 Fluorocarbons (HFCS, HFOS) Historic and Forecast Sales by Regions
6 . GLOBAL LOW GWP REFRIGERANTS MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Commercial Refrigeration Historic and Forecast Sales by Regions
6.5 Industrial Refrigeration Historic and Forecast Sales by Regions
6.6 Domestic Refrigeration Historic and Forecast Sales b...
