Global Hydrocarbon Refrigerants Market is Expected to reach $268.66 million by 2019

Global, May 18, 2015 (Newswire.com) - The Global hydrocarbon Refrigerant market is experiencing high growth due to high demand for cooling products such as refrigerators and air conditioners. The report estimates the global hydrocarbon refrigerants market size both in terms of volume and value. The report provides a comprehensive review of the key market drivers, challenges, and key issues. Global hydrocarbon refrigerants market was valued at $165.82 million in 2013 and is estimated to reach $268.66 million by 2019, growing at a CAGR of 9.7% from 2014 to 2019. Hydrocarbon refrigerants are gaining popularity due to its low global warming potential. Thus, it will have high potential in future mainly due to high demand for GWP products. The report ‘Global Hydrocarbon Refrigerants Market’ analyzes the hydrocarbon refrigerants market by applications with respect to four major applications such as domestic refrigerants, stationery AC, mobile AC and others. All of these applications of hydrocarbon refrigerants experienced a positive growth till 2013 and are expected to continue the same in coming years. With a market value of $53.65 million, mobile AC has been contributing maximum share towards the global hydrocarbon refrigerants market. Domestic refrigeration market is estimated to witness high growth in the region. Domestic refrigeration market was valued at $40.29 million in 2013 and is estimated to grow at a CAGR of 15.1% for the period under consideration.

Browse through the market data tables, figures and detailed TOC on the “Global Hydrocarbon Refrigerants Market”.

http://www.micromarketmonitor.com/market-report/hydrocarbon-refrigerants-reports-2376095789.html

Related Reports

Americas Hydrocarbon Refrigerants Market

The refrigerants market is experiencing high growth due to increased demand for cooling products such as refrigerators and air conditioners. The hydrocarbon refrigerants market in the Americas was valued at $26.23 million in 2013 and is estimated to reach $48.83 million by 2019, growing at a CAGR of 12.8% from 2013 to 2018. Hydrocarbon refrigerants are gaining popularity due to their low global warming potential. Thus, they will have great potential in the future.

The report, ‘Americas Hydrocarbon Refrigerants Market’, analyzes the hydrocarbon refrigerants market by application with respect to four major applications: domestic refrigerants, stationery AC, mobile AC, and others. All these applications experienced positive growth till 2013 and the trend is expected to continue in coming years. With a market value of $8.16 million, mobile AC has been contributing the maximum share towards the hydrocarbon refrigerants industry in the Americas. The domestic refrigeration market is expected to witness high growth in this region and grow at a CAGR of 18.3% between 2014 and 2019.

http://www.micromarketmonitor.com/market/americas-hydrocarbon-refrigerants-9738219539.html

Europe Hydrocarbon Refrigerants Market

The economic downturn between the years 2007 and 2009 severely hit the European refrigerants market with rising fuel prices affecting its overall growth rate. Europe’s hydrocarbon refrigerants market was valued at $46.03 million in 2013 and is estimated to reach $62.43 million by 2019, growing at a CAGR of 5.9% from 2014 to 2019. Hydrocarbon refrigerants are gaining popularity due to their low global warming potential. Thus, they will have great potential in the future.

The report, ‘Europe Hydrocarbon Refrigerants Market,’ analyzes the hydrocarbon refrigerants market by application with respect to four major applications: domestic refrigerants, stationery AC, mobile AC, and others. All these applications experienced positive growth till 2012 and the trend is expected to continue in coming years. With a market value of $53.65 million, mobile AC has been contributing the maximum share towards the hydrocarbon refrigerants market in Europe. The domestic refrigeration market is expected to witness high growth and grow at a CAGR of 11.1% between 2013 and 2018.

This report covers country-wise market trends and includes major countries, namely, Germany, the U.K., France, Italy, and Spain. Germany holds a majority of the share in the overall market in the European region. France’s hydrocarbon refrigerants market is expected to grow further at a projected CAGR of 7.7%.

www.micromarketmonitor.com/market/europe-hydrocarbon-refrigerants-2051043601.html

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