The Refrigerants Market in Asia-Pacific is estimated to reach $9,109.3 million by 2018


Posted September 11, 2014 by sanjays9407

The refrigerants market report defines and segments the concerned market in Asia-Pacific with analysis and forecast of revenue.

 
Refrigerants are mainly used as a cooling medium in the air-conditioning and refrigeration industry. Technically, due to the repetitive evaporation and condensation of the refrigerants gas, heat is drawn from the room or the body, to produce cooling effect. It is used in cooling equipment such as freezers, refrigerators, air conditioners and heating units.

Browse through the TOC of the refrigerants market report, to get an idea of the in-depth analysis provided. This also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.

http://www.micromarketmonitor.com/market/asia-pacific-Refrigerantss-9075278338.html

The Asia-Pacific region is the largest consumer of refrigerants in the world, accounting a significant share of the market. Refrigerants demand in Asia-Pacific is expected to grow at a CAGR of 9.8% from 2013 to 2018. There is a huge consumption potential, growing production capacities, competitive manufacturing costs, and high economic growth rate which are favorable forces for future growth of the refrigerants market in this region. However, the growth for fluorocarbon refrigerants is anticipated to remain low due to its undesirable action of ozone depletion.

In 2012, the fluorocarbon refrigerants accounted the maximum share of the global refrigerants consumption; and Asia-Pacific accounted the maximum share in fluorocarbon refrigerants. In 2012, the key countries of the Asia-Pacific refrigerants market are China, Japan, and India. China is the leading market in this region.

The report covers the Asia-Pacific refrigerants market which is segmented on the basis of type, application, and geography. The market is applied in refrigeration (domestic, commercial, transportation, and industrial refrigeration) and air conditioning (stationary air conditioning, chillers, and mobile air conditioning).

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Last Updated September 11, 2014