Report forecast the global HVAC
refrigerant market to grow at a CAGR of 6.35% during the period 2016-2020.
HVAC equipment encompasses all
equipment used for heating, ventilation, and air conditioning purposes. Efforts
undertaken by various countries to reduce greenhouse gases (GHG) in order to
protect the environment are driving the market. Shipments are likely to be
driven by the need to replace some of the existing conventional equipment that
emits harmful gases such as chlorofluorocarbons (CFCs) and hydro
chlorofluorocarbons (HCFCs).
Additionally, the market is
expected to grow worldwide due to the demand for energy saving and efficiency,
along with the latest innovations in the field of home automation. However,
commercial spaces such as hotels and retail centers deploy centralized HVAC
systems and variables refrigerant flow (VRF) systems that incur high energy
bills, which is expected to inhibit market growth to a certain extent.
The report covers the present
scenario and the growth prospects of the global HVAC refrigerant market for
2016-2020. In order to arrive at the market size, we have considered the demand
for refrigerants from various end-user segments in the global HVAC refrigerant
market. The report considers the different types of refrigerants. The demand
for HVAC refrigerants across all geographies is included in market size
calculation.
The market is divided into the
following segments based on geography:
- Americas
- APAC
- Europe
- MEA
According to the report, a key
growth driver is the growing demand for energy-efficient systems. The HVAC
equipment market is forecast to grow at a CAGR of 6.97% during 2015-2020. The
increase in demand for HVAC equipment is fueled by the growth in the construction
industry. The global construction industry is expected to record 85% growth in
volume to reach $15.5 trillion by 2030. The construction industry, which
currently accounts for 13% of the global GDP, will increase account for 15% of
global GDP by 2020.
Further, the report states that
one challenge that could restrict market growth is the concern over safe
storage and transportation of refrigerants.
Global HVAC Refrigerant Market
2016-2020, has been prepared based on an in-depth
market analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also
includes a discussion of the key vendors operating in this market.
key players in the global heating,
ventilation, and air conditioning (HVAC) refrigerant market: Airgas
Refrigerants, Arkema, Chemours, Dongyue, Honeywell, and the Linde Group.
Other Prominent Vendors in the
market are: A Gas Americas, Daikin Industries, Climalife, NavinFlourine
International, Shandong Yuean Chemicals, Sinochem Group (China), and SRF.
Market driver
- Energy-efficient systems and construction sector driving demand for HVAC equipment
- For a full, detailed list, view our report
Market challenge
- Concerns over safe storage and transportation of refrigerants
- For a full, detailed list, view our report
Market trend
- Growing use of oil-free centrifugal compressors
- For a full, detailed list, view our report
Key questions answered in this
report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 63
pages and 41 Exhibit “Global HVAC Refrigerant Market 2016 - 2020” report
covers Executive summary, Scope of the report, Market research methodology,
Introduction, Market landscape, Market segmentation by product, Geographical
segmentation, Market drivers, Impact of drivers, Market challenges, Impact of
drivers and challenges, Market trends, Vendor landscape, Key vendor analysis,
Appendix.
For more information Visit at: http://mrr.cm/Jdg
Related Reports;
Global Public Relation Robots
Market 2016-2020 - Visit at - http://mrr.cm/JdA
Global Accessories and Peripherals
Market for Smartphones and Tablets 2016-2020 - Visit at - http://mrr.cm/Jdd
No comments:
Post a Comment