Global Low GWP Refrigerants Market is expected to hold the highest CAGR of around 11.8% during the forecast period 2019-2027. The report study has analyzed the revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Key Developments in the Market:
In November 2018, Mitsui launched new low-GWP refrigerants R463A and R454C. R463A is made for freezers and fridges while R454C is used for industrial heat pumps. Both the products realize less GWP. In July 2018, Honeywell launched new non-flammable and low GWP refrigerant, Solstice N41 for stationary air conditioning systems. It is energy-efficient and environmentally preferable as it has GWP that is 65% lower than R-410A.
Global Low GWP Refrigerants Market, By Type
• Hydrocarbons • Fluorocarbons • Inorganics
Global Low GWP Refrigerants Market, By Application
• Commercial Refrigeration • Industrial Refrigeration • Domestic Refrigeration • Stationary Air-Conditioning • Mobile Air-Conditioning • Others
Global Low GWP Refrigerants Market, By Region
• North America • Europe • Asia Pacific • Middle East & Africa • South America
Key players operating in the Global Low GWP Refrigerants Market
• Linde Group • Honeywell International Inc. • Sinochem • Airgas • Engas Australasia • A-gas • Puyang Zhongwei Fine Chemical Co., Ltd. • Harp International Ltd. • Tazzetti S.p.A. • The Chemours Company • Mexichem S.A.B. de C.V. • Airedale Air Conditioning • Dongyue Group Co., Ltd. • Zheijang Juhua Co. • Jiangsu Meilan Chemica Co. Ltd. • Others.