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Secondary Refrigerants Market by Application and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR44743
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The secondary refrigerants market size will record an incremental growth of $ 240.30 mn and a CAGR of 7% during 2020-2024.

This market report entails segmentation by application (Commercial refrigeration, Residential refrigeration, Heat pumps, and Air-conditioning) and geography (Europe, APAC, North America, MEA, and South America). View our sample report to gather market insights on the segmentations. 

The secondary refrigerants market report also analyzes the market's competitive landscape and offers information on several market vendors, including A-Gas International Ltd., Clariant International Ltd., Dehon Service SAS - CLIMALIFE, DuPont de Nemours Inc., Dynalene Inc., Eastman Chemical Co., Environmental Process Systems Ltd., Liquitherm Technologies Group Ltd., SRS Frigadon Ltd., and The Chemours Co..

What will the Secondary Refrigerants Market Size be in 2020?

Secondary Refrigerants Market Size

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Overview of Competitive Analysis

The secondary refrigerants market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies.

The market structure is concentrated. With the shift in consumer behavior owing to the COVID-19 pandemic, the vendors are focusing on leveraging upcoming trends and drivers that have been identified and explored in this secondary refrigerants market analysis report. Factors such as the Growing demand in food industry | Reducing use of CFCs, HCFCs, and HFCs | Increasing application in chemical and pharmaceutical plants will offer immense growth opportunities. The report also covers challenges and strategies to dodge them, which will help vendors in recreating their plan of action to obtain growth opportunities in the future.

To make the most of the opportunities, vendors should also capitalize on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post-COVID-19 impact on each product and service segments.

Which are the Key Regional Markets for Secondary Refrigerants Market?

Secondary Refrigerants Market Market segmentation by region

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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the secondary refrigerants market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The Reducing use of CFCs, HCFCs, and HFCs will significantly influence secondary refrigerants market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report

36% of the market's growth will originate from APAC during the forecast period. US | Germany | Japan | UK | China are the key markets for secondary refrigerants market in the region. This report provides estimations of the contribution of all regions to the growth of the secondary refrigerants market size.

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What are the Key Factors Covered in this Secondary Refrigerants Market Report?

  • CAGR of the market during the forecast period 
  • Detailed information on factors that will drive secondary refrigerants market growth during the next five years
  • Precise estimation of the size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the secondary refrigerants market industry across Europe, APAC, North America, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of secondary refrigerants market vendors

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Secondary Refrigerants Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2020-2024

$ 240.30 million

Market structure

Concentrated

YoY growth (%)

2.73

Regional analysis

Europe, APAC, North America, MEA, and South America

Performing market contribution

APAC at 36%

Key consumer countries

US, Germany, Japan, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A-Gas International Ltd., Clariant International Ltd., Dehon Service SAS - CLIMALIFE, DuPont de Nemours Inc., Dynalene Inc., Eastman Chemical Co., Environmental Process Systems Ltd., Liquitherm Technologies Group Ltd., SRS Frigadon Ltd., and The Chemours Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Commercial refrigeration - Market size and forecast 2019-2024
    • Residential refrigeration - Market size and forecast 2019-2024
    • Heat pumps - Market size and forecast 2019-2024
    • Air-conditioning - Market size and forecast 2019-2024
    • Market opportunity by Application

    Customer Landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2019-2024
      • APAC - Market size and forecast 2019-2024
      • North America - Market size and forecast 2019-2024
      • MEA - Market size and forecast 2019-2024
      • South America - Market size and forecast 2019-2024
      • Key leading countries
      • Market opportunity by geography
      • Volume driver- Demand led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • A-Gas International Ltd.
      • Clariant International Ltd.
      • Dehon Service SAS - CLIMALIFE
      • DuPont de Nemours Inc.
      • Dynalene Inc.
      • Eastman Chemical Co.
      • Environmental Process Systems Ltd.
      • Liquitherm Technologies Group Ltd.
      • SRS Frigadon Ltd.
      • The Chemours Co.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      Secondary Refrigerants market growth will increase by $240.30 million during 2019-2024.
      The secondary refrigerants market is expected to grow at a CAGR of 7.24% during 2019-2024.
      Technavio has segmented the secondary refrigerants market by application (Commercial refrigeration, Residential refrigeration, Heat pumps, and Air-conditioning) and geographic (Europe, APAC, North America, MEA, and South America).
      A-Gas International Ltd., Clariant International Ltd., Dehon Service SAS - CLIMALIFE, DuPont de Nemours Inc., Dynalene Inc., Eastman Chemical Co., Environmental Process Systems Ltd., Liquitherm Technologies Group Ltd., SRS Frigadon Ltd., The Chemours Co. are a few of the key vendors in the secondary refrigerants market.
      APAC will register the highest growth rate of 36.25% among the other regions. Therefore, the secondary refrigerants market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the secondary refrigerants market growth are:
      • Reducing use of CFCs, HCFCs, and HFCs
      The secondary refrigerants market vendors should focus on grabbing business opportunities from the commercial refrigeration segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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