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Natural Refrigerants Market Size | US$ 1.55 Bn. Growth by 2030 | Top Players Insights

Natural Refrigerants Market Size | US$ 1.55 Bn. Growth by 2030 | Top Players Insights

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kalpesh Rajput
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Natural Refrigerants Market Worth $1.13 Billion in 2023 to Reach $1.55 Billion by 2030 at a CAGR of 4.5%

Market Overview

The global natural refrigerants market is expected to reach $1.55 billion by 2030, growing at a CAGR of 4.5% from 2023. This growth is driven by increasing environmental concerns and regulations limiting the use of harmful synthetic refrigerants. Natural refrigerants, such as ammonia, carbon dioxide, and hydrocarbons, offer a more sustainable and environmentally friendly alternative.

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Market Scope

The report by Maximize Market Research offers insights into the natural refrigerants market, including:

  • Consumer preferences and buying habits

  • Market size and segmentation by type (ammonia, carbon dioxide, hydrocarbons, others) and end-use (commercial, industrial, domestic)

  • Competitive analysis of key players

  • Growth strategies adopted by leading companies

Segmentation

  • By Type:

    • Ammonia (R-717)

    • Carbon Dioxide (R-744)

    • Hydrocarbons (propane, isobutene, propylene)

    • Others

  • By End-Use:

    • Commercial

    • Industrial

    • Domestic

Market Players

  • Linde Group

  • Airgas Inc.

  • A-Gas International

  • Sinochem

  • Puyang Zongwei Fine Chemical Co. Ltd.

  • Shangdong Yueon Chemical Co. Ltd.

  • Alfa Laval

  • Dorin S.p.A.

  • Energy Recovery, Inc.

  • Engas Australasia

  • Evonik Industries AG

  • GEA Group Aktiengesellschaft

  • HyChill Australia

  • Intergas Heating Ltd

  • Johnson Controls, Inc.

  • Natural Refrigerants Co.

  • Nidec Global Appliance

  • PuyangZhongwei Fine Chemical Co., Ltd

  • Secop GmbH

  • Shandong Yuean New Material Co., Ltd.

  • Tazzetti S.p.A. ("Tazzetti")

  • TEKO Gesellschaft fur KaltetechnikTemprite Company

  • True Manufacturing Co., Inc.

Regional Analysis

The report analyzes the natural refrigerants market across key regions, including:

  • Asia Pacific

  • Europe

  • North America

  • South America

  • Middle East and Africa

COVID-19 Impact Analysis

The report assesses the impact of COVID-19 on the natural refrigerants market, considering both challenges and opportunities.

Key Questions Answered

The report answers critical questions about the natural refrigerants market, such as:

  • What is the market size and growth rate of the natural refrigerants market?

  • Which segments are growing the fastest?

  • Who are the key players in the market?

  • What are the key factors driving the market growth?

  • What are the challenges and opportunities in the market?

  • How has COVID-19 impacted the market?

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Natural Refrigerants Market