The Europe refrigerant market is expected to reach 481.03 thousand metric tons by 2025, from 334.44 thousand metric tons in 2017 growing at a CAGR of 4.8% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors driving the growth of market is technological changes such as low GWP refrigerants, growth in the cold chain market. The refrigerant market in the Europe region is leading in France.
The key market players for Europe refrigerant market are listed below;
The Chemours Company
Arkema SA
Honeywell International Inc.
Dongyue Group Co. Ltd.
The Linde Group
Daikin Industries Limited
Mexichem S.A.B. De C.V.
Sinochem Corporation
Asahi Glass Co. Ltd. (AGC)
SRF Limited
Air Liquide
A-Gas International
OZ-Chill Refrigerants
Shandong Yuean Chemical
Gas Servei S.A.
Zhejiang Fotech International Co Ltd.
Changsu 3F Fluorochemical Industry Co Ltd.
Tazzetti SPA
Quimobasico
The market is further segmented into;
Industry
Application
The Europe refrigerant is segmented on the basis of industry and application. Based on industry, the North America refrigerant market is segmented into domestic household refrigeration, light commercial refrigeration, commercial racks and condensing units and industrial refrigeration. Domestic household refrigeration is sub segmented into hydrocarbons and fluorocarbons. The hydrocarbons are further sub segmented into propane, isobutene and others. The fluorocarbons are further sub segmented into HCFC?s, HFC?s and hydrofluro olefins. Light commercial refrigeration is sub segmented into carbon dioxide, hydrocarbons, fluorocarbons and low GWP alternatives. The hydrocarbons are further sub segmented into propane, isobutene and others. The fluorocarbons are further sub segmented into HCFC?s, HFC?s and hydrofluro olefins. Commercial racks and condensing units is further segmented carbon dioxide, hydrocarbons, fluorocarbons, low GWP alternatives and ammonia. The hydrocarbons are further sub segmented into propane, isobutene and others. The fluorocarbons are further sub segmented into HCFC?s, HFC?s and hydrofluro olefins. Industrial refrigeration is further segmented into five types which include carbon dioxide, hydrocarbons, fluorocarbons, low GWP alternatives and ammonia. The hydrocarbons are further sub segmented into propane, isobutene and others. The fluorocarbons are further sub segmented into HCFC?s, HFC?s and hydrofluro olefins. In 2018, domestic household is expected to dominate the Europe refrigerant market with 41.9% market share and is expected to reach USD 205.84 thousand metric tons by 2025, with a CAGR of 5.1% in the forecast period 2018 to 2025.
On the basis of application, the refrigerant market is segmented refrigerators, large-scale refrigerators, chillers, air conditioners, heat pumps and others. Refrigerators are sub segmented into domestic, commercial and transport. Large-scale refrigerators are sub segmented into supermarkets and industrial. Chillers are sub segmented into displacement and centrifugal. In 2018, refrigerators segment is expected to dominate the Europe refrigerant market with 41.6% market share and is expected to reach USD 204.07 thousand metric tons by 2025, with the highest CAGR of 5.1% in the forecast period 2018 to 2025.
Based on geography, the market is segmented into;
Germany
France
U.K.
Spain
Italy
Switzerland
Netherlands
Russia
Turkey
Belgium
Rest of Europe
Covered in this report
The report covers the present scenario and the growth prospects of the Europe refrigerant for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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