The Refrigerant Market has great growth potential. The market is expected to grow at a compound annual growth rate of 5.2%, over the next five years and reach 1.6 million metric tons by 2018. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest consumption during the next five years.


The growing demand for cooling equipment and high growth in Asia-Pacific region is expected to remain the driving force for refrigerants demand in long run. However the frequent change in Montreal Protocol with respect to choice in refrigerant is restraining the market growth. The use of traditional refrigerant such as CFC and HFCF is causing greenhouse effects, so its use is being restricted. Hence, the demand for natural or green refrigerants is emerging in the refrigerant market.


Complete report is available @ http://www.rnrmarketresearch.com/refrigerant-market-hydro-chlorofluorocarbons-hcfc-hydro-fluorocarbon-hfc-hydrocarbon-hc-inorganic-ammonia-carbon-dioxide-trends-forecasts-to-2018-market-report.html .