Low GWP Refrigerants Market: Hydrofluorocarbons (HFCs) Phase-out Likely to Prope

Posted by Arslan on July 1st, 2019

The report on the low GWP refrigerants market offers key insights, in-depth analysis, along with the historic data and forecast on the market between 2019 and 2027. Important factors impacting the low GWP refrigerants market growth are also covered in the report. Market dynamics including drivers, latest trends, challenges, and growth opportunities in the low GWP refrigerants market across different regions is also included in the report.

When a greenhouse gas is released into the atmosphere, its global warming potential (GWP) is benchmarked and measured against carbon dioxide (CO₂) with GWP equal to one. Refrigerants that are commonly used in various applications, such as heating, ventilation, air conditioning, and refrigeration (HVAC&R), can have significant GWP when they are released in the atmosphere. Thereby, growing concerns about global warming and negative impacts of harmful refrigerants on the environment are triggering end-users to switch to low GWP refrigerants.

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The heating, ventilating, air-conditioning and refrigeration (HVACR) industry is making the steady shift towards low GWP refrigerants, with decisions influenced by an evolving regulatory climate. Fact.MR’s new study, which estimates the low GWP refrigerants market at US$ 18 billion, remains bullish on impressive growth of the low GWP refrigerants market.

Chapterwise Analysis

Chapter 1 – Global Economic Outlook
This chapter helps readers to understand the global economic outlook before delving into the market dynamics and growth prospects of the low GWP refrigerants market. 

Chapter 2 – Global Low GWP Refrigerants Market - Executive Summary
The first chapter of the report includes the executive summary to provide an overview of the low GWP refrigerants market. The growth avenues for players in the low GWP refrigerants market are featured in the executive summary. Readers can get a better idea of how the low GWP refrigerants
market will grow during 2019-2027.

This chapter also features a brief analysis on why the low GWP refrigerants market will witness healthy growth throughout the forecast period. It also provides readers with top valuable insights on the megatrends and growth opportunities in the low GWP refrigerants market for stakeholders
including manufacturers, suppliers, and distributors in the low GWP refrigerants market.

Chapter 3 – Global Low GWP Refrigerants Market Overview
Readers can find the comprehensive definition of low GWP refrigerants in this chapter along with comprehensive insights about market breakdown and research scope. The chapter also provides readers with a detailed introduction to the low GWP refrigerants market with the help of the market
definition and market structure. This chapter also offers an overview of how the low GWP refrigerants market will grow during 2019-2027 in terms of value (US$ million) and volume (kilo tons). 

Chapter 4 – Key Indicators Assessment
In this chapter, readers can find the analysis on how the global low GWP refrigerants market will grow during 2019-2027, in terms of market volume (kilo tons) and market revenue (US$ Million). This chapter of the report provides detailed information about macro and microeconomic factors that can impact the growth of the low GWP refrigerants market.

Based on the applications of low GWP refrigerants, the low GWP refrigerants market is classified into three sub-segments – refrigeration, air conditioning, and chillers. The refrigeration applications of low GWP refrigerants are further segmented into residential refrigeration, small self-contained refrigeration, large self-contained refrigeration, walk-in refrigeration, supermarket refrigeration, and transport and industrial refrigeration.

The air conditioning segment is further classified into three applications – residential air conditioning, commercial air conditioning, and mobile air conditioning. Chillers are further divided into two smaller applications of low GWP refrigerants – centrifugal chillers and scroll/screw chillers.

Based on the GWP indices of low GWP refrigerants, the low GWP refrigerants market is classified into three sub-segments – less than 150 GWP, 150 to 700 GWP, and more than 700 GWP.

The report on the low GWP refrigerants market offers key insights, in-depth analysis, along with the historic data and forecast on the market between 2019 and 2027. Important factors impacting the low GWP refrigerants market growth are also covered in the report. Market dynamics including drivers, latest trends, challenges, and growth opportunities in the low GWP refrigerants market across different regions is also included in the report.