The Global Secondary Refrigerants Market Size was estimated at USD 468.01 million in 2023 and is projected to reach USD 620.03 million by 2030, exhibiting a CAGR of 5.10% during the forecast period 2024-2030.
The fluids used to cool the substance are called secondary refrigerants. Generally, they are non-toxic and incombustible and are safer to use and help lower environmentally-harmful primary refrigerants. The refrigerants do not go through a phase change, like secondary refrigerants. They are also very effective in minimizing the pressure loss in vapor-compression cycles, increasing efficiency, and are used widely in many industries, including oil and gas and food and beverage, pharmaceuticals, chemicals, plastics and others.
Factors such as rapid industrialization and growing demand for primary refrigerants, low environment impact, and phasing-out of CFCS HCFCS and HFCS are the main reasons behind the high market growth rates during the forecast period. The development of bio-based and water-based heat transfer liquids, as well as low environmental impact are expected to be the factors that cushion the market growth in the forecasted period.
The Secondary Refrigerants Market report provides a qualitative analysis, which includes drivers and opportunities, difficulties, and trends to better know the current market dynamics. It also outlines the most important strategy for organic or inorganic use by market players. The section on company profiles will focus on strategic changes that include mergers, acquisitions, and product launches as well as joint ventures, partnerships, and collaborations, as well as investment in research and development, as well as the expansion of top firms operating on both the global and regional levels.
To gain a complete understanding of the market, it is crucial to comprehend the entire value chain. To aid in that, Market Report Service collects data from C-level executives, the vice president’s national sales head as well as product managers and distributors. Trends and issues in technical areas are collected from technical symposia, surveys, and trade journals. Additionally, data on technical aspects is collected from an intellectual property perspective, with a focus on the white areas and free movement.
MRS is also involved in conducting various analyses using macro and micro-economic variables. Based on the vertical of the industry and the industry vertical, we determine the metric. For markets with different types we chart the sales and production across all countries. For each of the countries, we track the progress made by the various players in order to comprehend the current developments and trends in technology.
We also conduct thorough mapping of each product or service category. This allows us to comprehend the latest trends and futuristic technological benchmarking. The information that is created has a broad range of original data which is also authenticated and cross-validated against the published sources.
To validate a handful of market statistics or trends, the top companies, and their market share We conduct phone-based interviews with experts in the field to verify data collected from other sources and gain valuable insights to a particular market.
COVID-19 Impact Analysis
COVID-19 had a huge influence on those affected and the general public and the economy. The report gives a brief review of the evolution of the coronavirus epidemic. It also includes the micro- and macro-economic impact analysis.
The report also highlights the size and share of the market that is impacted by COVID-19. In addition, it offers an overview of the effects that COVID-19 has on the Secondary Refrigerants Market supply chain. The number of COVID-19 patients in the near future and safety precautions being adopted by government agencies and the vaccinations being administered rapidly to limit the spread of coronavirus is expected to slowly reduce the impact of COVID-19 on the world keyword market for Secondary Refrigerants.
It also highlights the main strategies that players have adopted in the current worldwide health emergency. The report also provides the post-COVID-19 impact analysis and pre-COVID-19 impact studies.
The Report includes the following Key Details
• Which is the potential business segment?
• Which is the highest revenue generating stream?
• How much is the demand at regional and country level?
• Strategies adopted by key players to sustain in this pandemic
• Major players and their detailed analysis
• Industry and value chain analysis
Reasons to Purchase this Report
• Analysing quantitative and qualitative aspects of the market, based on segmentation that includes both economic and non-economic elements
• Market worth (USD Billion) information in each sub-segment and segment
• Identifies the region and segment expected to see the highest expansion and dominate the market
• Analysis of geography that highlights the demand for the product/service within the region as well in highlighting the elements that influence the market in each region.
• Competitive landscape that includes the market position of the most prominent players, in addition to new product launches partnership, business expansions, partnerships and acquisitions within the last five years for the companies that are profiled.
• Comprehensive company profiles consisting of company overviews as well as company and product information, benchmarking and SWOT analysis of the biggest market players
• The present and the future market forecast for the sector in relation to the latest developments that involve drivers and growth opportunities as also challenges and limitations of emerging and developed regions.
• Provides in-depth study of market from diverse perspectives by Porter's Five forces analysis
• Provides an insight into the market via Value Chain
• Market dynamics and scenario and growth opportunities for the market over the coming years
• Support for post-sales analysts for 6 months
Secondary Refrigerants Market Scope:
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Report Data
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Secondary Refrigerants Market
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Secondary Refrigerants Market Forecast 2024
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XX million/billion (2024-2030)
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Secondary Refrigerants Market CAGR 2024 - 2030
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5.10%
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Secondary Refrigerants Market Analysis Period
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2024 - 2030
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Secondary Refrigerants Market Base Year
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2023
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Secondary Refrigerants Market Forecast Data
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2024 - 2030
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Segments Covered
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By Type, By Application, And by Regions
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Key Companies Profiled
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Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
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Key Segments
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By Type
Glycols
Salt Brines
Carbon Dioxide
Others
By Applications
Commercial Refrigeration
Industrial Refrigeration
Heat Pumps
Air Conditioning
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Report Coverage
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Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Frequently Asked Questions
What is the future market value of the Secondary Refrigerants Market?
The current market value for Secondary Refrigerants Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Secondary Refrigerants Market is to grow at a CAGR of 5.10% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Secondary Refrigerants Market is segmented into Glycols
Salt Brines
Carbon Dioxide
Others.
Who are the key players operating in the Secondary Refrigerants Market?
The major players operating in the Secondary Refrigerants Market are Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
TABLE OF CONTENTS
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Secondary Refrigerants
1.2 Key Market Segments
1.2.1 Secondary Refrigerants Segment by Type
1.2.2 Secondary Refrigerants Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Secondary Refrigerants Market Overview
2.1 Global Market Overview
2.1.1 Global Secondary Refrigerants Market Size (M USD) Estimates and Forecasts (2018-2030)
2.1.2 Global Secondary Refrigerants Sales Estimates and Forecasts (2018-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Secondary Refrigerants Market Competitive Landscape
3.1 Global Secondary Refrigerants Sales by Manufacturers (2018-2023)
3.2 Global Secondary Refrigerants Revenue Market Share by Manufacturers (2018-2023)
3.3 Secondary Refrigerants Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Secondary Refrigerants Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Secondary Refrigerants Sales Sites, Area Served, Product Type
3.6 Secondary Refrigerants Market Competitive Situation and Trends
3.6.1 Secondary Refrigerants Market Concentration Rate
3.6.2 Global 5 and 10 Largest Secondary Refrigerants Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Secondary Refrigerants Industry Chain Analysis
4.1 Secondary Refrigerants Industry Chain Analysis
4.2 Market Overview and Market Concentration Analysis of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Secondary Refrigerants Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Secondary Refrigerants Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Secondary Refrigerants Sales Market Share by Type (2018-2023)
6.3 Global Secondary Refrigerants Market Size Market Share by Type (2018-2023)
6.4 Global Secondary Refrigerants Price by Type (2018-2023)
7 Secondary Refrigerants Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Secondary Refrigerants Market Sales by Application (2018-2023)
7.3 Global Secondary Refrigerants Market Size (M USD) by Application (2018-2023)
7.4 Global Secondary Refrigerants Sales Growth Rate by Application (2018-2023)
8 Secondary Refrigerants Market Segmentation by Region
8.1 Global Secondary Refrigerants Sales by Region
8.1.1 Global Secondary Refrigerants Sales by Region
8.1.2 Global Secondary Refrigerants Sales Market Share by Region
8.2 North America
8.2.1 North America Secondary Refrigerants Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Secondary Refrigerants Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Secondary Refrigerants Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Secondary Refrigerants Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Secondary Refrigerants Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profiled
9.1 Linde Group
9.1.1 Linde Group Secondary Refrigerants Basic Information
9.1.2 Linde Group Secondary Refrigerants Product Overview
9.1.3 Linde Group Secondary Refrigerants Product Market Performance
9.1.4 Linde Group Business Overview
9.1.5 Linde Group Secondary Refrigerants SWOT Analysis
9.1.6 Linde Group Recent Developments
9.2 A-Gas International
9.2.1 A-Gas International Secondary Refrigerants Basic Information
9.2.2 A-Gas International Secondary Refrigerants Product Overview
9.2.3 A-Gas International Secondary Refrigerants Product Market Performance
9.2.4 A-Gas International Business Overview
9.2.5 A-Gas International Secondary Refrigerants SWOT Analysis
9.2.6 A-Gas International Recent Developments
9.3 Dow Chemical
9.3.1 Dow Chemical Secondary Refrigerants Basic Information
9.3.2 Dow Chemical Secondary Refrigerants Product Overview
9.3.3 Dow Chemical Secondary Refrigerants Product Market Performance
9.3.4 Dow Chemical Business Overview
9.3.5 Dow Chemical Secondary Refrigerants SWOT Analysis
9.3.6 Dow Chemical Recent Developments
9.4 Eastman
9.4.1 Eastman Secondary Refrigerants Basic Information
9.4.2 Eastman Secondary Refrigerants Product Overview
9.4.3 Eastman Secondary Refrigerants Product Market Performance
9.4.4 Eastman Business Overview
9.4.5 Eastman Secondary Refrigerants SWOT Analysis
9.4.6 Eastman Recent Developments
9.5 Clariant
9.5.1 Clariant Secondary Refrigerants Basic Information
9.5.2 Clariant Secondary Refrigerants Product Overview
9.5.3 Clariant Secondary Refrigerants Product Market Performance
9.5.4 Clariant Business Overview
9.5.5 Clariant Secondary Refrigerants SWOT Analysis
9.5.6 Clariant Recent Developments
9.6 Tazzetti
9.6.1 Tazzetti Secondary Refrigerants Basic Information
9.6.2 Tazzetti Secondary Refrigerants Product Overview
9.6.3 Tazzetti Secondary Refrigerants Product Market Performance
9.6.4 Tazzetti Business Overview
9.6.5 Tazzetti Recent Developments
9.7 Arteco Coolants
9.7.1 Arteco Coolants Secondary Refrigerants Basic Information
9.7.2 Arteco Coolants Secondary Refrigerants Product Overview
9.7.3 Arteco Coolants Secondary Refrigerants Product Market Performance
9.7.4 Arteco Coolants Business Overview
9.7.5 Arteco Coolants Recent Developments
9.8 Temper Technology
9.8.1 Temper Technology Secondary Refrigerants Basic Information
9.8.2 Temper Technology Secondary Refrigerants Product Overview
9.8.3 Temper Technology Secondary Refrigerants Product Market Performance
9.8.4 Temper Technology Business Overview
9.8.5 Temper Technology Recent Developments
9.9 Srs Frigadon
9.9.1 Srs Frigadon Secondary Refrigerants Basic Information
9.9.2 Srs Frigadon Secondary Refrigerants Product Overview
9.9.3 Srs Frigadon Secondary Refrigerants Product Market Performance
9.9.4 Srs Frigadon Business Overview
9.9.5 Srs Frigadon Recent Developments
9.10 Hydratech
9.10.1 Hydratech Secondary Refrigerants Basic Information
9.10.2 Hydratech Secondary Refrigerants Product Overview
9.10.3 Hydratech Secondary Refrigerants Product Market Performance
9.10.4 Hydratech Business Overview
9.10.5 Hydratech Recent Developments
9.11 Dynalene
9.11.1 Dynalene Secondary Refrigerants Basic Information
9.11.2 Dynalene Secondary Refrigerants Product Overview
9.11.3 Dynalene Secondary Refrigerants Product Market Performance
9.11.4 Dynalene Business Overview
9.11.5 Dynalene Recent Developments
9.12 Environmental Process Systems
9.12.1 Environmental Process Systems Secondary Refrigerants Basic Information
9.12.2 Environmental Process Systems Secondary Refrigerants Product Overview
9.12.3 Environmental Process Systems Secondary Refrigerants Product Market Performance
9.12.4 Environmental Process Systems Business Overview
9.12.5 Environmental Process Systems Recent Developments
9.13 Gas Servei
9.13.1 Gas Servei Secondary Refrigerants Basic Information
9.13.2 Gas Servei Secondary Refrigerants Product Overview
9.13.3 Gas Servei Secondary Refrigerants Product Market Performance
9.13.4 Gas Servei Business Overview
9.13.5 Gas Servei Recent Developments
9.14 Climalife Groupe Dehon
9.14.1 Climalife Groupe Dehon Secondary Refrigerants Basic Information
9.14.2 Climalife Groupe Dehon Secondary Refrigerants Product Overview
9.14.3 Climalife Groupe Dehon Secondary Refrigerants Product Market Performance
9.14.4 Climalife Groupe Dehon Business Overview
9.14.5 Climalife Groupe Dehon Recent Developments
9.15 Nisso Shoji
9.15.1 Nisso Shoji Secondary Refrigerants Basic Information
9.15.2 Nisso Shoji Secondary Refrigerants Product Overview
9.15.3 Nisso Shoji Secondary Refrigerants Product Market Performance
9.15.4 Nisso Shoji Business Overview
9.15.5 Nisso Shoji Recent Developments
10 Secondary Refrigerants Market Forecast by Region
10.1 Global Secondary Refrigerants Market Size Forecast
10.2 Global Secondary Refrigerants Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Secondary Refrigerants Market Size Forecast by Country
10.2.3 Asia Pacific Secondary Refrigerants Market Size Forecast by Region
10.2.4 South America Secondary Refrigerants Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Secondary Refrigerants by Country
11 Forecast Market by Type and by Application (2022-2028)
11.1 Global Secondary Refrigerants Market Forecast by Type (2022-2028)
11.1.1 Global Forecasted Sales of Secondary Refrigerants by Type (2022-2028)
11.1.2 Global Secondary Refrigerants Market Size Forecast by Type (2022-2028)
11.1.3 Global Forecasted Price of Secondary Refrigerants by Type (2022-2028)
11.2 Global Secondary Refrigerants Market Forecast by Application (2022-2028)
11.2.1 Global Secondary Refrigerants Sales (K MT) Forecast by Application
11.2.2 Global Secondary Refrigerants Market Size (M USD) Forecast by Application (2022-2028)
12 Conclusion and Key Findings
Secondary Refrigerants Market Scope:
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Report Data
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Secondary Refrigerants Market
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|
Secondary Refrigerants Market Forecast 2024
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XX million/billion (2024-2030)
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|
Secondary Refrigerants Market CAGR 2024 - 2030
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5.10%
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Secondary Refrigerants Market Analysis Period
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2024 - 2030
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Secondary Refrigerants Market Base Year
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2023
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Secondary Refrigerants Market Forecast Data
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2024 - 2030
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|
Segments Covered
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By Type, By Application, And by Regions
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|
Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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|
Key Companies Profiled
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Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
|
|
Key Segments
|
By Type
Glycols
Salt Brines
Carbon Dioxide
Others
By Applications
Commercial Refrigeration
Industrial Refrigeration
Heat Pumps
Air Conditioning
|
|
Report Coverage
|
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
|
Frequently Asked Questions
What is the future market value of the Secondary Refrigerants Market?
The current market value for Secondary Refrigerants Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Secondary Refrigerants Market is to grow at a CAGR of 5.10% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Secondary Refrigerants Market is segmented into Glycols
Salt Brines
Carbon Dioxide
Others.
Who are the key players operating in the Secondary Refrigerants Market?
The major players operating in the Secondary Refrigerants Market are Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
Secondary Refrigerants Market Scope:
|
Report Data
|
Secondary Refrigerants Market
|
|
Secondary Refrigerants Market Forecast 2024
|
XX million/billion (2024-2030)
|
|
Secondary Refrigerants Market CAGR 2024 - 2030
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5.10%
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|
Secondary Refrigerants Market Analysis Period
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2024 - 2030
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|
Secondary Refrigerants Market Base Year
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2023
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Secondary Refrigerants Market Forecast Data
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2024 - 2030
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|
Segments Covered
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By Type, By Application, And by Regions
|
|
Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
|
|
Key Companies Profiled
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Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
|
|
Key Segments
|
By Type
Glycols
Salt Brines
Carbon Dioxide
Others
By Applications
Commercial Refrigeration
Industrial Refrigeration
Heat Pumps
Air Conditioning
|
|
Report Coverage
|
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
|
Frequently Asked Questions
What is the future market value of the Secondary Refrigerants Market?
The current market value for Secondary Refrigerants Market is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Secondary Refrigerants Market is to grow at a CAGR of 5.10% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Secondary Refrigerants Market is segmented into Glycols
Salt Brines
Carbon Dioxide
Others.
Who are the key players operating in the Secondary Refrigerants Market?
The major players operating in the Secondary Refrigerants Market are Linde Group, A-Gas International, Dow Chemical, Eastman, Clariant, Tazzetti, Arteco Coolants, Temper Technology, Srs Frigadon, Hydratech, Dynalene, Environmental Process Systems, Gas Servei, Climalife Groupe Dehon, Nisso Shoji.
