This market research report presents a comprehensive analysis of the global aerosol refrigerants market based on product segments including aluminum and steel aerosol refrigerants. Additionally, the report also provides an analysis of the market’s growth across geographic regions including the Americas, APAC, and EMEA.
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<h3>Overview of the aerosol refrigerants market</h3>
According to Technavio’s global refrigerant market analysis, the increasing demand for refrigerators, air conditioners, and chillers will have a positive impact on the market’s growth during the next few years. With the rising number of double-income families in urban areas and their rising purchasing power, the demand for home appliances including refrigerators, air conditioners, and chillers with non-ozone depleting refrigerants has increased considerably in the recent years. Furthermore, factors such as the availability of improved lifecycle, easy financing options, and maintenance-free compressors has further fueled the demand for freezers and household refrigerators. This has encouraged manufacturers to invest in R&D for developing energy-efficient refrigerators. In addition, several government initiatives to support rural electrification will propagate the demand for affordable refrigerators in the emerging economies, eventually, driving the demand for aerosol refrigerants across the globe. Technavio’s market research analysts have predicted that the aerosol refrigerants market will register a CAGR of close to 7% by 2022.
With the growing use of plastics across the several end-user industries, plastic containers are gradually gaining traction over aerosol containers. In addition, advances in the injection stretch blow molding (ISBM) process is further expected to drive the plastic aerosol container market. Owing to the improvements in the ISBM technology, carbonated soft drinks are increasingly being packaged in plastic. According to our industry research analysts, such advancements in improving the quality and consistency of wall orientation and other process controls for aerosol containers will be one of the aerosol refrigerant trends gaining traction and driving the growth of aerosol refrigerants’ market during the next few years.
<h3>Companies covered</h3>
With the presence of few established vendors, this market appears to be concentrated. The HVAC refrigerant market research report will help clients identify new growth opportunities and design unique growth strategies to enhance their customer base across various geographies. The aerosol refrigerant market research report also provides a comprehensive analysis of the market’s competitive landscape and offers information on the products offered by companies.
This research report provides an analysis of various companies in this market including –
<ul>
<li>Akzo Nobel</li>
<li>Arkema Group</li>
<li>DAIKIN INDUSTRIES</li>
<li>Dongyue Group</li>
<li>SRF</li>
<li>The Chemours Company</li>
</ul>
<h3>Segmentation by product and analysis of the aerosol refrigerants market</h3>
<ul>
<li>Aluminum</li>
<li>Steel</li>
</ul>
The aluminum aerosol refrigerants held the largest aerosol refrigerant market share during 2017. According to the HVAC refrigerant market research report, the segment will continue to dominate the market throughout the forecast period as aluminum aerosol refrigerants are more environmental friendly, sustainable, and visually appealing.
<h3>Segmentation by geography and analysis of the aerosol refrigerants market</h3>
<ul>
<li>Americas</li>
<li>APAC</li>
<li>EMEA</li>
</ul>
Our analysts have estimated that during 2017, EMEA dominated the market during 2017. Owing to the increased use of aerosol refrigerants in domestic refrigeration and mobile air conditioning applications, this region will account for the maximum aerosol refrigerants’ market size during the next few years as well.
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