New York, NY 12 Jan 2021: The global refrigerants market size is anticipated to reach USD 22.16 billion by 2026 growing at a CAGR of 4.4% from 2019 to 2026 according to a new report published by Polaris Market Research. The report ‘Refrigerant Market Share, Size, Trends, & Industry Analysis Report, [By Product (Inorganics, Fluorocarbons, Hydrocarbons), By Application (Domestic, Light Commercial, Commercial, Industrial, Air Conditioning, Heat Pumps) By Regions]: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Refrigerants can be defined as the heat transfer medium that absorb heat at low temperature and pressure, by means of evaporation and give up heat by means of condensation at high temperature and pressure. Suitable and good refrigerants can be defined as those having properties such as good stability, non-toxicity, non-flammability, and having atmospheric boiling point in between the range of – 40 degree Celsius to 0 degree Celsius.
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The main applications of refrigerants include chillers, air conditioners, heat pumps, refrigerators both large scale and domestic. Improvement in economic conditions across the globe has contributed to a rise in disposable income, increase in standard of living and has spurred a rise in urbanization thus contributing to a rise in sale of domestic appliances such as refrigerators. This trend is expected to benefit the refrigerants market growth over the forecast period.
Refrigerators are used widely in the medical sector. They are used in laboratories, pharmacies, for uses such as storage of medicine, and other equipments. The medical sector has experienced a rapid growth particularly in areas such as Asia Pacific. Thus, the growth of the medical sector is expected to in turn compliment the growth of the refrigerants market over the forecast period.
There is a major role played by refrigerators in the overall food value chain. The temperature control of perishable food items at all steps of value chain is critical, and refrigerators play an important role in doing so. It is essential for preserving the flavor, vitamin content, texture as well as the color of the food item. Growing population, scarce resources and demand for packaged food has contributed to a growth in the food & beverage industry, and this trend is expected to continue over the forecast period, thus complementing refrigerant market growth.
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Companies have to abide by strict rules and regulations as prescribed by the regulatory agencies. Some of the major industry participants include Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Chemours Company, The Linde Group, Daikin Industries Limited, Mexichem, Sinochem Group, SRF Limited, Air Liquide (Airgas Refrigerants Inc.), Gujarat Fluorochemicals Ltd., Puyang Zhongwei Fine Chemical, Harp International among others.
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
The global Refrigerant Dehumidifier market 2020-2026 report focuses on the global Refrigerant Dehumidifier status, future forecast, development opportunity, key market, and key players.
The report mainly studies the Refrigerant Dehumidifier market size, recent patterns and development status, as well as investment openings, market dynamics, and industry news.
This report moreover encloses all the regions and countries of the world, which manifests a regional development status, including market size, volume, and value, just as price information.Global Refrigerant Dehumidifier Market Research Report is an authentic outline and top to bottom study on the current and future market of the Refrigerant Dehumidifier industry.
The report speaks to a fundamental review of the Refrigerant Dehumidifier market share, competitor segment with a basic presentation of key vendors, top regions, product types, and end businesses.
This report gives a historical overview of the Refrigerant Dehumidifier market patterns, development, revenue, limit, cost structure, and key driver’s analysis.Detailed TOC along with also Charts & Tables of Refrigerant Dehumidifier Market Research Report accessible at: https://www.futuristicreports.com/request-sample/31925Key Players Mentioned at the Refrigerant Dehumidifier Market Report:Munters ABHoneywell International, Inc.Therma-Stor LLCFrigidaireBry-Air Inc.Carrier CorporationLG Electronics Inc.Whirlpool CorporationHaier GroupMitsubishi Electric Corporation Applications Application 1Application 2Application 3Application 4Application 5TypesType 1Type 2Type 3Type 4Type 5Regional Or Country Level Customization : https://www.futuristicreports.com/customize-request/31925Refrigerant Dehumidifier Market: Regional analysis includes:Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)Europe (Turkey, Germany, Russia UK, Italy, France, etc.
)North America (the United States, Mexico, and Canada.
