TABLE OF CONTENTS
TABLE OF CONTENTS
TABLE OF CONTENTS
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Natural Refrigerant Sales Trends<br />
Natural refrigerants Revenues €m<br />
Natural refrigerants Volumes<br />
(Tonnes) R717 Sales Volumes<br />
A growing market for CO 2<br />
, NH 3<br />
, HCs<br />
Overall, the market for the three natural refrigerants<br />
ammonia (R717), carbon dioxide (R744) and the group of<br />
hydrocarbons - mostly propane R290, isobutane R600a,<br />
propylene R1270, and ethylene R1150 - is experiencing<br />
significant growth.<br />
Based on data of a leading refrigerant supplier with a<br />
global presence, the total market for natural refrigerants<br />
is growing, with a 11% reported increase in revenues, and<br />
a 14% increase in volumes per annum from 2008 to 2010.<br />
However, growth within the total natural refrigerants<br />
market differs significantly for CO 2<br />
, hydrocarbons and<br />
ammonia. While ammonia is the most-established<br />
market, by far, CO 2<br />
and hydrocarbons have shown strong<br />
double-digit revenue & volume growth. The relative<br />
increase of sales and volumes indicated by the supplier<br />
is a good indicator for global trends, given that the<br />
supplier’s market share within the natural refrigerant<br />
supply remained relatively constant over the reported<br />
period.<br />
Ammonia: mature and stable markets<br />
Ammonia today is the most-established refrigerant<br />
market with large sales in terms of volumes and revenues.<br />
As a result, it has shown only modest growth over the last<br />
few years, with a reported increase of 6% in sales, and<br />
3% in volumes, respectively. Regarding its geographic<br />
distribution, all world regions use ammonia, with the<br />
cold chain and food-processing industries particularly<br />
reliant on the natural refrigerant.<br />
32