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Europe Refrigerant Market size, Drivers, Challenges, And Impact On Growth and Demand Forecast in 2030

Submitted by mihirka48 on Thu, 12/07/2023 - 23:10

The Europe refrigerant market was valued at USD 3.28 Billion in 2022 and is expected to reach USD 4.66 Billion by 2030, registering a CAGR of 4.50% during the forecast period of 2023-2030.
Key Pointers Covered in Europe Refrigerant Market Industry Trends and Forecast to 2030
• Market Size
• Market New Sales Volumes
• Market Replacement Sales Volumes
• Market Installed Base
• Market By Brands
• Market Procedure Volumes
• Market Product Price Analysis
• Market Regulatory Framework and Changes
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Market Upcoming Applications
• Market Innovators Study
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Benefits of Considering this Report:
• This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
• A complete picture of the competitive scenario of Europe Refrigerant Market is depicted by this report.
• The report consists of a vast amount of data about the recent product and technological developments in the markets.
• The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
Europe Refrigerant Market Scope and Market Size
The Europe refrigerant market is segmented on the basis of type, application, and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• HCFCs
• HFCs
• HFOs
• Isobutane
• Propane
• Ammonia
• Carbon Dioxide
• Others
Application
• Refrigerators,
• Large-Scale Refrigerators
• Chillers
• Air Conditioners
• Heat Pumps
• Others.
Industry
• Domestic Household Refrigeration,
• Light Commercial Refrigeration,
• Commercial Racks And Condensing Units
• Industrial Refrigeration
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Some of the key questions answered in this report:
• How has the Europe Refrigerant Market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the procedure?
• What is the breakup of the market based on the injury location?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe Refrigerant Market and who are the key players?
• What is the degree of competition in the industry?
Market Analysis and Insights: Europe Refrigerant Market
• The increase in demand for consumer appliances across the globe acts as one of the major factors driving the growth of the refrigerant market. The rise in the demand for better maintenance of industrial equipment that requires cold surroundings across various manufacturing units, and the high demand for domestic air conditioning systems, owing to the significant rise in per capita disposable incomes accelerate the market growth.
• The rise in the demand for absorption chillers in oil & gas refineries, and continuous advancements in the cold chain sector further influence the market. Additionally, the presence of various compliances, expansion of various end-use industries, and high disposable income positively affect the refrigerant market. Furthermore, the rise in demand for natural refrigerants extends profitable opportunities to the market players in the forecast period.
• Refrigerant refers to a substance that is used for absorbing heat from another required substance. In a refrigerating system, the channel of heat transfer picks up the heat by evaporating at a low temperature and pressure. It provides heat on condensing at a higher temperature and pressure that is done by a fluid which is called a refrigerant.
• Stringent environmental regulations, such as the European Union's F-Gas Regulation, drive the transition towards low-global warming potential (GWP) refrigerants in Europe. These regulations restrict the use of high-GWP refrigerants and promote the adoption of more environmentally friendly alternatives.
Europe Refrigerant Market Country Level Analysis

• Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
Europe Refrigerant Market Share Analysis
The Europe refrigerant market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to Europe refrigerant market.
Key player Europe Refrigerant Market
• The Chemours Company (United States),
• Gas Servei (Spain),
• Gujarat Fluorochemicals Ltd. (India),
• AGC Inc. (Japan),
• Quimobasicos SA de CV (Mexico),
• Linde (Germany),
• DAIKIN INDUSTRIES, Ltd. (Japan),
• Mexichem S.A.B. de C.V. (Mexico),
• Zhejiang Fotech International Co. Ltd. (China),
• Tazzetti S.p.A. (Italy),
• SRF Limited (India),
• Changshu Sanaifu Zhonghao Chemical New Material Co., Ltd. (China),
• SINOCHEM GROUP CO., LTD. (China),
• Shandong Yue'an Chemical Co., Ltd (China),
• Air Liquide and SOL Spa (France),
• Arkema (France),
• Dongyue Group (China),
• Honeywell International, Inc. (United States).
MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Europe Refrigerant Market Share by Product & Procedure type
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