Refrigerant market is expected to register a substantial CAGR of 5.5% in the forecast period of 2019 -2026 the refrigerant market has drastically grown over years and gained popularity among the manufacturers. The growth of the refrigerant market can be attributed to the expansion of cold chain storage market. Along with this, the R&D activities and innovation by the air conditioner manufacturers are also driving the market remarkably. Inclination towards advanced models of refrigerators is favoring the market and is leading to growth in demand for Europe refrigerant market.

Refrigerant is a substance which is used to absorb heat from another required substance. In a refrigerating system, the channel of heat transfer which picks up the heat by evaporating at a low temperature and pressure, and gives up the heat on condensing at a higher temperatures and pressure is done by an fluid which is called as refrigerant. There are majorly two types of refrigerants which are used first one is primary and the other one is secondary. Primary refrigerants are those which are used directly for the use of refrigeration. It allows the fluid to flow freely into the system whereas in certain situations in which the fluid is not able to flow freely than the secondary refrigerants are used.

Europe refrigerant market By Application (Refrigerators, Large-Scale Refrigerators, Chillers, Air Conditioners, Heat Pumps and Others), Industry (Domestic Household Refrigeration, Light Commercial Refrigeration, Commercial Racks and Condensing Units, Industrial Refrigeration), Country (Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands and Rest of Europe) - Industry Trends and Forecast to 2026

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Segmentation: Europe Refrigerant Market
Europe refrigerant market is segmented into two notable segments on the basis of application and industry. On the basis of industry, the market is segmented into domestic household refrigeration, light commercial refrigeration, commercial racks and condensing units and industrial refrigeration In January 2019, Honeywell International Inc. launched Solstice N41 (R-466A*) as an alternative to R-410A which will help the company to meet Japan’s HFC phase-down requirements On the basis of application, the market is segmented into refrigerators, large-scale refrigerators, chillers, air conditioners, heat pumps and othersIn May 2018, Arkema launched a new GWP fluorinated gas Forane 449A (XP40) in Europe to serve the customers in the refrigeration market

Competitive Analysis: Europe Refrigerant Market
In June 2019, The Chemours Company has inaugurated its new Opteon production facility near Corpus Christi in Ingleside, Texas. It will used in automotive air conditioning.In September 2018, Honeywell International Inc. launched Solstice L41y (R-452B), a reduced global-warming-potential (GWP) so that they can replace R-410A for reversible heating and cooling applicationsIn July 2018, Arkema launched a new range of Fluorogases with a lower GWP. The product will be applicable in refrigeration and insulation markets and it will also replace the HFC gases. With this range the company will provide superb performance and a low global warming
Some of the major players operating in this market are Arkema, Dongyue Group, Honeywell International, Inc., The Chemours Company, Gas Servei, Gujarat Fluorochemicals Ltd., AGC Inc., Quimobasicos SA de CV, Linde, DAIKIN INDUSTRIES, Ltd., Mexichem S.A.B. de C.V., Zhejiang Fotech International Co.Ltd., Tazzetti S.p.A., SRF Limited, Changshu Sanaifu Zhonghao Chemical New Material Co., Ltd., SINOCHEM GROUP CO., LTD., Shandong Yue'an Chemical Co., Ltd, Air Liquide and SOL Spa among others.

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The key questions answered in this report:
What will be the Market Size and Growth Rate in the forecast year?
What is the Key Factors driving Laser Capture Europe Refrigerant Market?
What are the Risks and Challenges in front of the market?
Who are the Key Vendors in Europe Refrigerant Market?
What are the Trending Factors influencing the market shares?
What is the Key Outcomes of Porter’s five forces model

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