New Market Research Shows Great Potential for Transcritical CO2

Date: 17 July 2020
New Market Research Shows Great Potential for Transcritical CO2
New Market Research Shows Great Potential for Transcritical CO2
New Market Research Shows Great Potential for Transcritical CO2
The complete “Global Guide to Transcritical CO2 Refrigeration” from shecco is now live, including additional chapters on industrial refrigeration as well as future market trends.  

shecco’s free-to-download “Global Guide to Transcritical CO2 Refrigeration,” which includes chapters in Part 3 on industrial refrigeration and future market trends, shows positive trends for using CO2 in a wide range of applications around the world. 

“With the help of extensive research, this Guide highlights the great potential of COfor use in refrigeration installations of any size,” said Ilana Koegelenberg, Market Development Manager at shecco and lead author of the Guide. “It is exciting to note the rapid rate at which transcritical CO2 refrigeration installations are increasing globally – no longer just in Europe alone.”

By means of an extensive global data collection from manufacturers, the amount of installations is estimated at more than 35,500 systems today. This is an exponential increase from the mere 140 installations counted in 2008 (all of which were in Europe). This growth is most noticeable within regions such as Europe, the U.S., Canada, Japan, Australia, New Zealand, and South Africa.

Together with an extensive industrywide survey, the data has highlighted various key industry trends – not only today, but also anticipated in the future. “The most noticeable trend is the expansion of suitable applications beyond the traditional commercial food retail industry; where today, especially in Europe, transcritical CO2 has become almost a ‘no-brainer’ for both new and retrofit installations,” said Koegelenberg. 

Part 1 of the Guide was published in May and highlights the history of CO2, its key characteristics, basic system descriptions, and includes a chapter on practical, real-life transcritical CO2 applications around the world. 

Part 2, published in June, is based on a global industry survey as well as an in-depth data collection drive that engaged manufacturers around the world. It includes a policy update, articles on convenience store applications and more traditional commercial refrigeration uses, as well as case studies.

The complete Guide also includes the previously unreleased Part 3, featuring chapters on industrial refrigeration trends and the future of the market, including a section on drivers and barriers to the uptake of CO2. Quotes from stakeholders around the world illustrate the benefit of transcritical CO2 over HFC and HFO systems, complemented by four thought leader features that give greater insight into the CO2 market; past, present, and future. Part 3 also includes various partner interviews and case studies to also provide insight from the manufacturers’ side. 

Download the complete guide


Free webinar next week

A webinar will take place on July 23 to share key findings from the complete “World Guide to Transcritical CO2 Refrigeration”. Interested parties are invited to register online to find out more about key market trends and projections. 

The online event will include presentations by the lead author – Ilana Koegelenberg, Market Development Manager at shecco – and the analyst responsible for the data collection, Zita Laumen, Market Analyst at shecco. 

The webinar will highlight the Guide’s most important findings, including market data on the number of installations, survey information, partner case studies, and trends in convenience stores, commercial installations and industrial applications. 

Register for the webinar (free)
 

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