TABLE OF CONTENTS

Natural Refrigerants Industry Expectations
Heating
QUESTION: “What will be the market share of Natural
Refrigerant systems in 2012, 2015 and 2020?”
100%
80%
11%
15%
15%
15%
19%
100%
80%
9%
9%
13%
9%
22%
Scale: Total Market Share
more than 50%
60%
40%
19%
21%
60%
35%
25%
23%
20-50%
10-20%
40%
20%
74%
30%
19%
22%
40%
20%
47%
44%
31%
16%
5-10%
0-5%
105
0%
2012
2015
2020
0%
2012
9%
2015
3%
2020
Responses: 27 Responses: 32
Residential Heating
Today, the market share of NR solutions in Europe is only
minute, nearly two-thirds of 27 respondents working in
residential heating confirm. However, while the “more
than 50%” market share is missing for 2012, by 2020
systems using CO 2
, NH 3
or HC will have established
themselves. As a result, 19% believe that NR solutions
will dominate the market, while 22% remain cautious to
believe that NR products will remain a tiny fraction of the
market (“0-5%”).
Commercial & Industrial Heating
More optimistic than their residential heating
counterparts are the 32 natural refrigerants experts
representing the commercial and industrial heating
industry in Europe. 22% believe that NR solutions’ market
share will have increased to “more than 50%” by 2020, up
from 9% saying that today. On the other hand, only 19%
remain sceptical and assume the market penetration to
be still below 10% (responses: “0-5%” and “5-10%”) by
that time - down from a large majority of 82% saying this
is true for today’s markets.