Global Refrigerant Market dominates the global industry; the manufacturing services demand in the country is estimated to exceed USD XXX billion by 2025. The emergence of several manufacturing companies across all industry verticals in the Global has increased competition and enforced to partner with the providers. Additionally, increasing government rules to produce safe and tested products to be used in industrial applications, such as medical devices and automobiles, supports market growth. To save the labor costs involved in manufacturing and logistics operations, are shifting toward electronics contract services. These factors coupled with the growth in outsourcing activities account for the rapid development in the industry.
Global Refrigerant Market is expected to reach 2,019.96 Thousand Metric Tons by 2025 from 1,306.44 Thousand Metric Tons in 2017, at a CAGR of 5.7% in the forecast period 2018 to 2025.
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The major factors driving the growth of this market are the China focusing on natural refrigerants, technological changes such as low GWP refrigerants. Growth in the cold chain market, increase in the disposable income leading to rise in purchasing power of consumer appliances are some of the other factors which boost the market growth.
Key Highlights of Report
- Overview of key market forces propelling and restraining market growth
- Offers a clear understanding of the competitive landscape and key product segments
- An analysis of strategies of major competitors
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Provides profiles of major competitors of the market.
- Details of their operations, product and services.
- Recent developments and key financial metrics.
Some of the major players operating in this market are:-
- Arkema SA,
- Dongyue Group Ltd,
- Honeywell International Inc.,
- The Chemours Company,
- The Linde Group,
- Daikin Industries, Ltd.,
- Mexichem S.A.B. de C.V.,
- Sinochem Group,
- Air Liquide,
- Shandong Yue’an Chemical Co., Ltd,
- Gas Servei,
- Zhejiang Fotech International Co. Ltd.,
- Srf Limited,
- Asahi Glass Co., Ltd,
- Quimobasicos SA de CV,
- Changshu 3F Fluorochemical Industry Co., Ltd.,
- OZ-Chill Refrigerants,
- Tazzetti S.P.A. among others.
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The Chemours Company is going to dominate the global Refrigerant market other players operating in this market are Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Linde Group, Daikin Industries Limited, Mexichem S.A.B. De C.V., Sinochem Corporation, Asahi Glass Co., Ltd. (AGC), SRF Limited, Air Liquide (Airgas Refrigerants Inc.), A-Gas International, OZ-Chill Refrigerants, Shandong Yuean Chemical, Gas Servei S.A., Zhejiang Fotech International Co Ltd., Changsu 3F Fluorochemical Industry Co Ltd., Tazzetti SPA, Quimobasico among others.
- The domestic household segment is dominating the global refrigerant market with 43.3%.
- The refrigerator segment is expected to grow with the highest CAGR of 6.3% in the forecast period 2018 to 2025.
Table Of Content:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Market Landscape
• Market ecosystem
• Market characteristics
• Market segmentation analysis
Part 04: Market Sizing
• Market definition
• Market sizing
• Market size and forecast
Part 05: Five Forces Analysis
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
Part 06: Market Segmentation By Product
• Market segmentation by product
• Market segmentation By Applications
• Market segmentation By End Users
• Comparison by product
• Others – Market size and forecast
• Market opportunity by product
Part 07: Customer Landscape
Part 08: Geographic Landscape
• Geographic segmentation
• Geographic comparison
• Americas – Market size and forecast
• EMEA – Market size and forecast
• APAC – Market size and forecast
• Key leading countries
• Market opportunity
Part 09: Decision Framework
Part 10: Drivers And Challenges
• Market drivers
• Market challenges
Part 11: Market Trends
Part 12: Vendor Landscape
• Landscape Disruption
Part 13: Vendor Analysis
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