Ammonia Refrigerant - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Ammonia Refrigerant Market is expected to grow at a CAGR of 6.2% during the forecast period. Factors such as increasing awareness about global warming effects, increases use of ammonia refrigeration systems in residential and commercial applications, better heat properties or thermal properties and saves energy are fuelling the market growth. However, providing cost-effective and leak-proof ammonia refrigeration systems is hampering the market.
Amongst product, chillers segment is projected to have significant growth during the forecast period. Ammonia chillers are an attractive and feasible alternative for conventional HFC chillers, particularly in industrial applications. Ammonia chillers are generally more energy-efficient.
By Geography, Asia Pacific is expected to have considerable growth during the forecast period as India is a developing country; population migration to cities is predicted to increase by 30%. This is likely to show a substantial growth in the food and beverage sectors, which should also spark growth in the ammonia refrigeration industry.
Some of the key players in global Ammonia Refrigerant market are Johnson Controls Inc., The Linde Group, Emerson Electric Co., Danfoss Group, United Technologies Corporation, Daikin industries ltd, GEA Group AG, Aditya Air Products, Amixo AB, Dehon Group, Mayekawa Mfg. Co. Ltd, Aurochem Laboratories, Sinochem Group, Jai Maruti Gas Cylinders, Harp International and Brooktherm Refrigeration.
• Vapour Compression
• Cooling Pipes
• Air Conditioners
• Engine Rooms
• District Cooling Systems
• Other Products
• Purity 99.8%
• Purity 99%
• Cold Storage warehouses
• Super Markets
• Industrial Installation
• Heavy Commercial Refrigeration
• Transport Refrigeration
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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