TABLE OF CONTENTS - Everything R744
TABLE OF CONTENTS - Everything R744
TABLE OF CONTENTS - Everything R744
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NATURAL REFRIGERANT MARKET OUTLOOK<br />
INDUSTRIAL REFRIGERATION<br />
Question: What will be the MARKET SHARE of AMMONIA, CO 2<br />
and HYDROCARBONS at present and in 2015 and 2020 for<br />
the Industrial Refrigeration sector:<br />
Ammonia Industrial Refrigeration CO 2<br />
Industrial Refrigeration Hydrocarbon Industrial Refrigeration<br />
More than 50%<br />
21-50%<br />
11-20%<br />
6-10%<br />
0-5%<br />
100%<br />
80%<br />
50,9%<br />
46,4% 46,3%<br />
100%<br />
80%<br />
5,5%<br />
3,6%<br />
9,1%<br />
20,0%<br />
6,4%<br />
12,7%<br />
29,1%<br />
100%<br />
3,6%<br />
7,3% 8,2%<br />
6,4%<br />
12,7%<br />
35,4% 13,6%<br />
10,0%<br />
80%<br />
11,8%<br />
12,7%<br />
15,4%<br />
60%<br />
60%<br />
60%<br />
61,8% 60,9%<br />
9,1%<br />
26,4%<br />
27,3%<br />
40%<br />
20%<br />
12,7%<br />
13,6%<br />
8,2%<br />
15,4%<br />
20,0%<br />
20,0%<br />
18,2%<br />
40%<br />
20%<br />
33,6%<br />
29,1%<br />
17,3%<br />
40%<br />
20%<br />
44,6%<br />
37,3%<br />
110<br />
0%<br />
14,6%<br />
10,0%<br />
8,2%<br />
8,2% 7,3%<br />
2012 2015 2020<br />
0%<br />
18,2%<br />
10,9%<br />
2012 2015 2020 2012<br />
2015<br />
2020<br />
0%<br />
Total responses: 110<br />
Ammonia Industrial Refrigeration<br />
In North America, the market for ammonia industrial<br />
refrigeration is already mature. More than half of all<br />
respondents (51%) believe the market share of ammonia<br />
is currently more than 50%. The growth potential<br />
for ammonia is therefore not as pronounced as for<br />
other natural refrigerants, as it is widely used today.<br />
Respondents predict that while ammonia will continue<br />
to largely dominate the industrial refrigeration market<br />
in the future, new technology developments and<br />
refrigerants could have a slight impact on its dominance.<br />
CO 2<br />
Industrial Refrigeration<br />
Total responses: 110<br />
CO 2<br />
is now more commonly used in industrial<br />
refrigeration and its market share is growing rapidly in<br />
North America. 63% of the respondents are confident<br />
the market share will increase to 6-20% by 2015. A large<br />
majority (72%) believes CO 2<br />
industrial refrigeration could<br />
reach more than a 10% market share by 2020. Although<br />
most respondents do not think CO 2<br />
will dominate the<br />
future market (>50%), 35% still believe that CO 2<br />
could<br />
play a more important role in industrial refrigeration<br />
than it does now and that its market share could reach<br />
20-50% by 2020.<br />
Total responses: 110<br />
Hydrocarbon Industrial Refrigeration<br />
Although 70% of the 110 industrial experts say the<br />
market share of hydrocarbons is less than 10% today, a<br />
clear majority (55%) indicate that hydrocarbons have the<br />
potential to account for more than 5% market share by<br />
2015, and 35% of experts believe hydrocarbons’ market<br />
share will be larger than 10% by 2020.