The Global R23 Refrigerant market is expected to be around US$ 2.50 Billion by 2027 at a CAGR of 7% in the given forecast period.
Protection of ozone layer and prevention of global warming have become a major issue of global environment problems. R23 Refrigerant Dos not damage the ozone layer, it is low toxicity and nonflammable qualities of R23 Refrigerant are augmenting the expansion of the market. Thus, with the growing Cryogenic Coolant, Fire Extinguishing Agent wants across the world, the usage of R23 Refrigerant is projected to grow quickly during the forecast period.
R-23 is an azeotropic HFC refrigerant gas with zero ozone layer depletion used in new equipment that works at very low temperatures (around -60 to -100 °C). It is also an indirect replacement (retrofit) for R-13 and R-503. R-23 is only used in cascade systems, at evaporation temperatures of between -60 and -100 °C and condensation temperatures of between -10 and -40 °C. Its thermodynamic properties are very similar to R-13.
The global R23 Refrigerant market is segregated on the basis of Application as Cryogenic Coolant, Fire Extinguishing Agent, and PTFE Raw Material. Based on Type the global R23 Refrigerant market is segmented in Packing: Disposable Steel Cylinders and Packing: Refillable Steel Cylinders.
The global R23 Refrigerant market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The R23 Refrigerant market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
DowDuPont, Linde, Honeywell, Starget group, Gas Servei S.A., Ajay Air Products, Daikin, Arkema, Chemours, Shanghai 3F New Material, and others are among the major players in the global R23 Refrigerant market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The R23 Refrigerant Market has been segmented as below:
R23 Refrigerant Market, By Application
R23 Refrigerant Market, By Type
R23 Refrigerant Market, By Region
R23 Refrigerant Market, By Company
The report covers:
Report Scope:
The global R23 Refrigerant market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global R23 Refrigerant market share. Major industry players with significant revenue share include DowDuPont, Linde, Honeywell, Starget group, Gas Servei S.A., Ajay Air Products, Daikin, Arkema, Chemours, Shanghai 3F New Material, and others.
Reasons to Buy this Report:
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. R23 Refrigerant Market, By Application
5.1 Introduction
5.2 Cryogenic Coolant
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Fire Extinguishing Agent
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 PTFE Raw Material
5.4.1 Market Overview
5.4.2 Market Size and Forecast
6. R23 Refrigerant Market, By Type
6.1 Introduction
6.2 Packing: Disposable Steel Cylinders
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Packing: Refillable Steel Cylinders
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. R23 Refrigerant Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America R23 Refrigerant, By Application
7.2.2 North America R23 Refrigerant, By Type
7.3 Europe
7.3.1 Europe R23 Refrigerant, By Application
7.3.2 Europe R23 Refrigerant, By Type
7.4 Asia-Pacific
7.4.1 Asia-Pacific R23 Refrigerant, By Application
7.4.2 Asia-Pacific R23 Refrigerant, By Type
7.5 Rest of the World
7.5.1 Rest of the World R23 Refrigerant, By Application
7.5.2 Rest of the World R23 Refrigerant, By Type
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 DowDuPont
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Linde
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Honeywell
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Starget group
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Gas Servei S.A.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Ajay Air Products
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Daikin
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Arkema
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Chemours
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Shanghai 3F New Material
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The R23 Refrigerant Market has been segmented as below:
R23 Refrigerant Market, By Application
R23 Refrigerant Market, By Type
R23 Refrigerant Market, By Region
R23 Refrigerant Market, By Company
SUBSCRIBE TO OUR NEWSLETTERS
