25.05.2018 Views

The refrigerants market is projected to reach USD 55 Billion by 2022

The refrigerants market is projected to reach USD 55 Billion by 2022, at a CAGR of 2.96% from 2017 to 2022. http://www.qyresearchglobal.com/goods-1242816.html

The refrigerants market is projected to reach USD 55 Billion by 2022, at a CAGR of 2.96% from 2017 to 2022.
http://www.qyresearchglobal.com/goods-1242816.html

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QYResearch<br />

<strong>The</strong> Asia-Pacific was the largest <strong>market</strong> for <strong>refrigerants</strong> in 2016, globally. Growing<br />

populations and infrastructural developments in the region have led <strong>to</strong> an increase in the use<br />

of <strong>refrigerants</strong> for various applications such as refrigera<strong>to</strong>rs and air conditioners. <strong>The</strong> high<br />

economic growth, followed <strong>by</strong> heavy investments in the consumer appliances industry drive<br />

the demand for <strong>refrigerants</strong> in the region. Furthermore, the growing populations and<br />

industry alliances are expected <strong>to</strong> support the growth of the <strong>refrigerants</strong> <strong>market</strong> in the<br />

region. <strong>The</strong> presence of large consumer appliances manufacturers such as Daikin (Japan),<br />

Samsung (South Korea), LG (South Korea), and Videocon Industries Limited (India) supports<br />

the growth of the <strong>refrigerants</strong> <strong>market</strong> in the region.<br />

Click <strong>to</strong> view the full report:<br />

http://www.qyresearchglobal.com/goods-1242816.html<br />

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