The report, “Natural Refrigerants Market by Type (Ammonia, Carbon dioxide, Hydrocarbons and Others), by Application (Refrigeration: Industrial, Commercial, and Domestic, Air Conditioning: Stationary and Mobile, and Others) - Global Trends & Forecasts to 2020” defines and segments the natural refrigerants market with an analysis and forecast for types, and applications by volume as well as value.

Browse 108 tables and 77 figures spread through 186 Pages and in-depth TOC on "Natural Refrigerants Market - Global Trends & Forecasts to 2020"

http://www.marketsandmarkets.com/Market-Reports/natural-refrigerant-market-165104142.html

Early buyers will receive 10% customization on this report.

The natural refrigerants market is projected to reach USD 1,419.19 Million by 2020 at a CAGR of 11.5% between 2015 and 2020.

“Europe projected to witness the highest growth in the natural refrigerants market”

Europe is the largest market for natural refrigerants followed by Asia-Pacific. Europe has also been estimated to account for the highest growth between 2015 and 2020. The growth is on account of the enforcement of stringent environmental legislations that call upon a ban on environmentally harmful HCFC and HFC refrigerants and promote the application of natural refrigerants as alternatives.

“Ammonia to continue being the most widely used natural refrigerant”

Ammonia (R-717) accounted for 60% of the market share for natural refrigerants in 2014. The refrigerant is extensively used for industrial refrigeration operations due to its high co-efficient of performance (COP), comparatively lower leakage rate, low-cost, zero ozone depletion potential (ODP), and global warming potential (GWP). Ammonia is toxic at high concentrations which restricts its application in smaller refrigeration systems. The industry has come up with cascade systems where ammonia is used with carbon dioxide (CO2) as the secondary refrigerant to overcome the restraint and increase energy efficiency of the overall system.

“Commercial refrigeration to be the fastest-growing application in the natural refrigerants market”

Natural refrigerants, mainly carbon dioxide (CO2) (R-744) and hydrocarbons (R-290, R-1270, and R-600a) are witnessing a high rate of adoption by major superstore and food retail chains in the European and North American regions. Natural refrigerants are used in cold display cabinets, stand-alone refrigerators, and for refrigeration during transportation.

Browse related Reports:

Refrigerant Market by Type (Fluorocarbon, Inorganics, and Hydrocarbons), and by Application (Domestic, Commercial, Transportation, Industrial, Stationary Air Conditioning, Chillers, and Mobile Air Conditioning) - Global Trends & Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/refrigerant-market-1082.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Markets and Markets 

UNIT no 802, Tower no. 7, SEZ

Magarpatta city, Hadapsar

Pune, Maharashtra 411013, India

1-888-600-6441

sales@marketsandmarkets.com

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets