Secondary Refrigerants Market : is expected to grow at a CAGR of 7.41% during the forecast period and market is expected to reach US$ 963.58 Mn. by 2029.
Secondary Refrigerants Market Overview
The Secondary Refrigerants market report published by MMR encompasses various segments that offer up-to-date business data and insights into the industry's future through careful assessment and examination. Titled as the Secondary Refrigerants Market Report 2021, the report categorizes the market by manufacturer, type, application, and region. It provides an in-depth analysis, revenue statistics, and other crucial data about the global Secondary Refrigerants industry. The report also covers various trends, drivers, limitations, opportunities, and threats that the market is expected to face during the forecast period.
Secondary Refrigerants Market Scope
The Secondary Refrigerants market report covers the forecast period from 2022 to 2029, with 2021 as the base year. The market size in terms of value and volume for 2021 is estimated based on actual figures and outputs of prominent players worldwide. The market trends from the past five years, specifically from 2016, are taken into account while projecting the market outlook for the period of 2022 to 2029. However, the year 2021 is analyzed separately, considering the impact of regional lockdown measures.
Furthermore, the report provides a comprehensive analysis of the Secondary Refrigerants industry, including market segmentation based on product type, applications, end-use, and region. It incorporates an examination of historical market dynamics from 2018 to 2021, enabling readers to compare past trends with the current market scenarios and understand the contributions of key players.
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Segmentation
by Component
by Type
• Glycols
• Salt Brines
• Carbon Dioxide
by Application
• Commercial Refrigeration
• Industrial Refrigeration
• Heat Pumps
• Air Conditioning
• Others
According to type, the secondary refrigerants market for glycols is predicted to have the highest value in 2023.
The glycols lead to the highest market in the forecast period due to facilities like those that provide freeze protection for closed-loop refrigeration systems, ventilation, air conditioning (HVAC), and cooling systems. Propylene or ethylene glycol in water solutions make up glycol-based refrigerants. In maritime and commercial refrigeration systems, calcium chloride brines are frequently employed as secondary refrigerants.
In terms of application, the commercial application segment was in second place in 2022, with the industrial refrigeration segment holding a sizable market share. According to estimates, the necessity to reduce carbon emissions and an increase in the use of environmentally friendly refrigerants in industrialized nations will increase demand for
Secondary Refrigerants Market: Research Methodology
Secondary Refrigerants Market: Executive Summary
Market Overview and Definitions
Introduction to Secondary Refrigerants Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Secondary Refrigerants Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Secondary Refrigerants Market Segmentation
Secondary Refrigerants Market, by Type (2021-2029)
Secondary Refrigerants Market, by Application (2021-2029)
Secondary Refrigerants Market(2021-2029)
Secondary Refrigerants Market, by Type (2021-2029)
Secondary Refrigerants Market, by Application (2021-2029)
Secondary Refrigerants Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Players
• The Linde Group
• A-Gas International
• TAZZETTI S.P.A
• The Dow Chemical Company
• Eastman Chemical Company
• Clariant AG
• Arteco Coolants
• Temper Technology AB
• SRS Frigadon
• Hydratech
• Dynalene
• Environmental Process Systems
• Gas Servei SA
• Climalife Groupe Dehon
• Nisso Shoji Co. Ltd
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Regional Analysis
The Secondary Refrigerants market report provides comprehensive insights and understanding of the current trends, dynamics, and key issues within the market. It highlights the most significant developments that impact the industry, helping readers stay informed about the latest advancements. The report aids in identifying the crucial information presented and assessing the competitive landscape of major companies, analyzing Secondary Refrigerants market dynamics, and other factors that assist in formulating effective marketing strategies.
Key Questions answered in the Secondary Refrigerants Market Report are:
What is Secondary Refrigerants Market?
What is the forecast period of the Secondary Refrigerants Market?
What is the competitive scenario of the Secondary Refrigerants market?
Which region held the largest market share in the Secondary Refrigerants Market?
What are the opportunities for the Secondary Refrigerants Market?
What factors are affecting the Secondary Refrigerants market growth?
Who are the key players of the Secondary Refrigerants market?
Which company held the largest share in the Secondary Refrigerants market?
What will be the CAGR of the Secondary Refrigerants market during the forecast period?
What key trends are likely to emerge in the Secondary Refrigerants market in the coming years?
Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Secondary Refrigerants#
Landscape- Leading key players and other prominent key players.
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