Global Natural Refrigerants Market Poised to Surge from USD 750.2 Million in 2014 to USD 1,418.20 Million by 2020 – MarketResearchStore.Com

Deerfield Beach, FL, March 14, 2016 -- Zion Research has published a new report titled “Natural Refrigerants (Ammonia, Hydrocarbons, Carbon dioxide and Others) Market for Commercial, Industrial, Domestic, Stationary Air Conditioning and Other Refrigeration Applications - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2014 – 2020” According to the report, global natural refrigerants market was valued at around USD 750.2 million in 2014 and is expected to reach USD 1,408.20 million in 2020, growing at a CAGR of around 11.0% between 2015 and 2020.

Natural refrigerants are the best alternatives used for fluorocarbon refrigerants. Natural refrigerants can be found naturally as well as manufactured industrially.  Most of the refrigeration and air-conditioning equipments use fluorocarbon refrigerants for cooling process. Fluorocarbon refrigerants are synthetic chemicals which have a high global warming potential, and also cause damage to the ozone layer. Such environmental risk is greatly reduced due to the advantages like zero ozone depletion potential (ODP) of natural refrigerants which results into zero global warming.

Browse the full "Natural Refrigerants (Ammonia, Hydrocarbons, Carbon dioxide, and Others) Market for Industrial, Commercial, Domestic, Stationary Air Conditioning and Other Refrigeration Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2014 – 2020" report at http://www.marketresearchstore.com/report/natural-refrigerants-market-z49498

Growing awareness about global warming and other environmental issues created due to the synthetic refrigerants like fluorocarbon has overcome by the use of natural refrigerants. Natural refrigerants such as ammonia, carbon dioxide, hydrocarbons are available easily and not that harmful to environment. This is one of the important factors propelling the adoption of natural refrigerants in various industries worldwide. However, need of very large compressor to use as the sole refrigerant in industry put challenge for the natural refrigerant market.

On the basis of product type natural refrigerants market can be segmented as ammonia, carbon dioxide, hydrocarbons and others. Ammonia was the largest product segment in 2014 and accounted for over 60% share of the total volume consumed. Based on application segment, natural refrigerants market can be segmented into industrial, commercial, domestic, stationary air conditioning and other refrigeration applications. Commercial refrigeration application emerged as the leading application segment for natural refrigerants market. It is expected to maintain its dominance over the forecast period. Increasing consumption and trade of food items which need refrigeration has lead to rise in demand for refrigeration across commercial sector. The changing food consumption patterns and the rapid growth of the frozen foods market is prominent factor responsible for fuelling the commercial refrigeration industry worldwide.

Browse 30 Market Tables and 14 Figures spread through 70 Pages and an in-depth TOC on “Natural Refrigerants Market - Global Size, Shares, Trends, Segment & Forecast to 2020”

Get Sample Research Report at http://www.marketresearchstore.com/report/natural-refrigerants-market-z49498#RequestSample

Natural refrigerants market was dominated by Europe with account significant share in 2014. According to European commission, rising demand for fresh food products and stringent European food law requirements fuels the food refrigeration in this region. Europe is followed by Asia Pacific. Asia Pacific is expected to witness significant rise in natural refrigerants market due to large demand from rapidly developing refrigeration industry in emerging countries.

Key players operating in this market includes The Linde Group, Airgas Inc., Engas Australasia, Sinochem Group, Tazzetti S.P.A., Harp International Ltd., Shandong Yueon Chemical Industry Ltd., Puyang Zhongwei Fine Chemical Co. Ltd., Hychill Australia Pvt. Ltd., A-Gas International, A.S. Trust and Holdings and GTS S.P.A.

Related Published Reports:

• Ceramic Tiles Market: http://www.marketresearchstore.com/report/ceramic-tiles-market-z38957
  
• Ceiling Tiles Market: http://www.marketresearchstore.com/report/ceiling-tiles-market-z37351
  
• Antimicrobial Coating Market: http://www.marketresearchstore.com/report/antimicrobial-coatings-market-z41384
  

The report segments the global natural refrigerants market into:

Global Natural Refrigerants Market: Product Segment Analysis

• Ammonia
• Carbon dioxide
• Hydrocarbons
• Others

Global Natural Refrigerants Market: Application Segment Analysis

• Industrial
• Commercial
• Domestic
• Stationary Air Conditioning
• Others

Global Natural Refrigerants Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa

Browse Press Release: http://www.marketresearchstore.com/news/global-natural-refrigerants-market-183

About Us

Market Research Store is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Market Research Store experienced team of Analysts, Researchers, and Consultants uses proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each Market Research Store syndicated research report covers a different sector — such as pharmaceuticals, chemical, energy, food and beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports strive to serve the overall research requirement of clients.

Follow Us LinkedIn: http://www.linkedin.com/company/market-research-store

Follow Us Twitter: https://twitter.com/marketrstore

Blog: http://www.syndicatemarketresearch.com/

Contact US:

Joel John

3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442, USA
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: [email protected]
Website: http://www.marketresearchstore.com/