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Global R-125 Refrigerant Market Research and Analysis, 2015-2022

Global R-125 Refrigerant Market Research and Analysis, 2015-2022

  • June 2017
  • 120 pages
  • ID: 5336635

Summary

Table of Contents

Refrigerant are defined as a chemical that is used for the cooling in air conditioners and refrigerators. It acts as a heat carrier, which changes from gas to liquid and then change back to gas in refrigeration cycle.

Refrigerator mixtures are the combination of two or more pure refrigerant fluids. R125 is an azeotropic refrigerator mixture that condenses under constant pressure and evaporate at a constant temperature and the composition of the mixture in the vapour and liquid phases will be same. It is a non-Ozone Depleting Substance (ODS) that is used in place of R22.

Increasing global warming and stringent government policies to reduce the emission of ozone depleting substance are augmenting the demand of R125 refrigerant in market. The global market of refrigerant R125 is estimated to grow with the CAGR of 2% during the period 2017-2022.

Growing demand of cooling product, and stringent government regulations to reduce the emission of the ozone depletion substance in the atmosphere is estimated to be the major factors that are augmenting the growth of the market. Moreover, rising cold chain market, increasing use of unconventional production techniques for optimizing energy source are also estimated to drive the growth of the market.

However, there are certain factors that are hindering the growth of the market. Health and safety concern among people and frequent modification in refrigerants due to continuous amendments in Montreal protocol is estimated to be the major constraints in the growth of the market. Besides these challenges, increasing demand from Asia Pacific is estimated to develop myriad growth opportunities for the market.

The market is expected to grow at a CAGR of 2% for the forecasted period of 2017-2022. The growth is affected by strict regulations and demand to eliminate gases responsible for ozone depletion and global warming.

However, the due to high demand mainly from Asia markets will keep the market afloat. The market is expected to grow from $xxx million in 2015 to $xxx million in 2022. The market in terms of consumption will grow from xxxxx tonne to 98,250 tonne from 2015 to 2022.

OMR REPORT COVERS:
Comprehensive research methodology of Global R-125 Refrigerant Market.
This report also includes detailed and extensive market overview with Analyst insights & key market trends.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Global R-125 Refrigerant Market.
Insights about market determinants which are stimulating the Global R-125 Refrigerant Market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

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