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(PRWEB) November 03, 2014 -- The Asia-Pacific Inorganic refrigerants Market report defines and segments the Inorganic refrigerants market in Asia Pacific with analysis and forecast of revenue.
Key Players in the Asia-Pacific Inorganic refrigerants Market are Airgas Inc., Arkema S.A., Asahi Glass Co. Ltd, DuPont, Daikin Industries, Ltd., Honeywell International Inc., Linde AG, Sinochem Group, Shandong Yuean Chemical Industry Co., and Solvay S.A.
Browse through the TOC of the Asia-Pacific Inorganic refrigerants Market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the Asia-Pacific Inorganic refrigerants market, and is supported by various tables and figures.
http://www.micromarketmonitor.com/market/asia-pacific-inorganic-refrigerants-9794761217.html
Inorganic refrigerants consist of inorganic compounds which do not contain a carbon-hydrogen bond, and are used primarily as refrigerants, such as R718, R717, and R744. Majority of these refrigerants are non-toxic, environment friendly, inexpensive & non-flammable. R717 is preferred for the food industry. The use of refrigerants such as ammonia is phasing out as it results into harmful and undesirable effects, causing ozone depletion and climate change. Besides, the inorganic refrigerants are mainly used as a cooling medium in the air-conditioning and refrigeration industry.
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In the Asia-Pacific region, there is huge consumption for growing production capacities, competitive manufacturing costs, and high economic growth rate which are favorable forces for future growth in the inorganic refrigerants market. The key countries included in this region are China, Japan, and India. China is the leading market for inorganic refrigerants, with the highest consumption in 2013. In this region, the growing demand for cooling equipment would drive the refrigerants market in the long run.
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The report covers the Asia-Pacific inorganic refrigerants market which is segmented on the basis of application and geography. In the Asia-Pacific region, the inorganic refrigerants are applied in chiller and hydronic heat pumps, commercial refrigeration, domestic refrigeration, industrial refrigeration, mobile air conditioners, stationary air conditioners, and transportation refrigeration.
Related Reports :
Americas Inorganic Refrigerants Market
The refrigerants market is experiencing high growth due to increased demand for cooling products such as refrigerators and air conditioners. Inorganic refrigerants consist of inorganic compounds (which do not contain a carbon-hydrogen bond) used primarily as refrigerants, such as R718, R717, and R744. Majority of these refrigerants are non-toxic and environment friendly, inexpensive, and non-flammable. They are mainly used in industrial applications.
The inorganic refrigerants market in the Americas was valued at $52.76 million in 2013 and is estimated to reach $72.99 million by 2019, growing at a CAGR of 6.3% from 2014 to 2019.
The report, ‘Americas Inorganic Refrigerants Market’, analyzes the inorganic refrigerants market by type with respect to three major types: ammonia, carbon dioxide, and water. All these types of refrigerants have experienced growth in the market until 2013, and this trend is expected to continue in the coming years. With a market value of $40.9 million, ammonia has been contributing the maximum share to the inorganic refrigerants industry in this region. The market for water is expected to witness high growth in the region and will grow at a projected CAGR of 15.1% between 2014 and 2019.
http://www.micromarketmonitor.com/market/americas-inorganic-refrigerants-4191654241.html
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