Global Ammonia Refrigerant Market is growing a CAGR of 6.2% during 2018 to 2027.

Wed Jan 8, 2020 - 6:40am GMT+0000

Some of the key players in global Ammonia Refrigerant market are Johnson Controls Inc., The Linde Group, Emerson Electric Co., Danfoss Group, Daikin industries ltd, GEA Group AG, Amixo AB, Sinochem Group, Jai Maruti Gas Cylinders, Harp International and Brooktherm Refrigeration.

Gaithersburg, Maryland, United States – January 8, 2020 /MarketersMedia/

Factors such as increasing awareness about global warming effects, increases use of ammonia refrigeration systems in residential and commercial applications, better heat properties or thermal properties and saves energy are fuelling the market growth. However, providing cost-effective and leak-proof ammonia refrigeration systems is hampering the market.

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Amongst product, chillers segment is projected to have significant growth during the forecast period. Ammonia chillers are an attractive and feasible alternative for conventional HFC chillers, particularly in industrial applications. Ammonia chillers are generally more energy-efficient.

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By Geography, Asia Pacific is expected to have considerable growth during the forecast period as India is a developing country; population migration to cities is predicted to increase by 30%. This is likely to show a substantial growth in the food and beverage sectors, which should also spark growth in the ammonia refrigeration industry.

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Products Covered:
• Vapour Compression
• Refrigerator
• Cooling Pipes
• Air Conditioners
• Chillers
• Engine Rooms
• District Cooling Systems
• Other Products

Types Covered:
• Purity 99.8%
• Purity 99%

Applications Covered:
• Cold Storage warehouses
• Super Markets
• Poultries
• Industrial Installation
• Commercial
• Heavy Commercial Refrigeration
• Transport Refrigeration
• Households
• Automobiles
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-ammonia-refrigerant-market-is-growing-a-cagr-of-62-during-2018-to-2027/88941853

Source: MarketersMedia

Release ID: 88941853

This news is published on Reuters.