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Natural refrigerants market size expected to reach USD 2.88 billion by 2027

The Global Natural Refrigerants Market is projected to reach USD 2.88 billion by 2027. The market is estimated to be powered by the increasing demand for the natural refrigerants concerning the adverse effects on the environment created by the exertions of the Hydrochlorofluorocarbon (HCFC) & Hydrofluorocarbon (HFC) based refrigerants. Lower cost deployment, wide availability, high thermal conductivity, and high gas phase density, significant rate of heat transfer, and reduced harmful effects are the grounds many organic and inorganic natural ingredients are widely being preferred. Besides, regulations & compliances set by the governing bodies around the world obligates the discontinuation of many harmful fluorocarbon based refrigerants.

Prioritizing the natural refrigerants will result in a he benefit of the direct emissions saving in in the world of nearly 70 percent by 2030. With the current technology available, nearly 75 percent of the overall refrigeration and air-conditioning (RAC) sector can be converted into the natural refrigerants and closely in the forthcoming future the entire usage of the harmful refrigerants can be eradicated. The RAC usage in the transportation has been a major drawbacks here as the natural refrigerants can still not be used in many such applications used in the transport refrigeration.

Natural refrigerant refrigerator, inorganic refrigerants, natural refrigeration, true t-24-gc, undercounter freezer, residential beverage center, refrigerant properties, Freon refrigerant, ac refrigerant, natural refrigerant air conditioners, organic refrigerant, hydrocarbon refrigerant, R290 refrigerant, and ammonia refrigerant, to name a few are some of the most crucial corresponding factors and topics that have been influencing the market growth in many ways, have been additionally discussed in details in the report.

Key participants include Airgas Refrigerants Inc., Puyang Zhongwei Fine Chemical Co. Ltd., The Linde Group, Shangdong Yueon Chemical Co. Ltd., Tazzetti S.p.A, A-Gas International, Engas Australasia, Sinochem Group, Asahi Glass Corporation, and SRF Limited, among others. EIN News

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