Refrigerant Market Forecasted to Experience Significant Growth in 2023- 2032
The refrigerant market is a dynamic and growing industry that plays a vital role in modern-day cooling and refrigeration systems. With advancements in technology and increasing demand for efficient and environmentally friendly solutions, the market has experienced significant growth. The market size of the refrigerant industry has reached an impressive milestone, reaching a value of 500. This signifies the market’s robustness and its ability to meet the demands of various sectors such as commercial, residential, industrial, and automotive. The major global companies playing a key role in the refrigerant market are : Daikin Industries, Ltd.(Japan) The Chemours Company. (the U.S.) Honeywell International Inc. (U.S.) Arkema S.A. (France) Dongyue Group Co. Ltd (China) Asahi Glass Co., Ltd. (Japan) Sinochem Group (China) Moreover, there is a growing awareness about the environmental impact of traditional refrigerants, such as chlorofluorocarbons (CFCs) and hydrochlorofluorocarbo...