Market Overview:
The global R600a refrigerant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for R600a refrigerant in various applications, such as refrigerators/freezers, cool units, hairspray and aerosol propellants, and others. Additionally, the growing awareness about environment-friendly products is also propelling the growth of this market.
Product Definition:
R600a refrigerant is a hydrocarbon that is used as a refrigerant in appliances such as air conditioners and refrigerators. It has been shown to be more environmentally friendly than other refrigerants, such as R-22, because it does not contain ozone-depleting chemicals.
Disposable Cylinder Packing:
Disposable cylinder packing is a type of packaging used for R600a refrigerant. The product is widely used in the food & beverage industry and accounts for approximately 50% of the total market share. The growth factor responsible for its high usage in this sector is due to low cost, ease of use, and environmental friendliness as compared to other substitutes such as CFCs or HCFCs.
Repeatable Cylinder Packing:
repeatable cylinder packing is a process of filling the same container with different products to make sure that all the containers have uniform density and also to pack each product in its own container. This helps in reducing wastage during transportation, handling and storage.
The key driver for this market is increasing demand for R600a refrigerant from end-use industries such as food & beverage, chemical processing, pharmaceuticals.
Application Insights:
The global refrigerant market is segmented by application into refrigerators/freezers, cool units, hairspray and aerosol propellant, other applications including air conditioners and heat pumps. The other applications segment held the largest share of over 50% in 2017. This is attributed to growing demand for R600a from various industries such as food processing and canning among others.
The growth of the Hairspray & Aerosol Propellants (HAP) industry has been phenomenal over the past few years owing to factors such as increasing disposable income coupled with changing lifestyles have resulted in a significant increase in product consumption globally. HAP manufacturers are constantly looking for ways to reduce costs while maintaining production levels necessary to meet consumer demands which will resultantly drive demand for R600a across this sector during forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing product demand from developing countries such as India, China, and Japan. Furthermore, rising disposable income coupled with a growing population will drive product demand further.
The refrigerant industry in North America is projected to witness significant growth over the coming years owing to increasing R600a consumption by domestic manufacturers along with rising foreign direct investments in this region. For instance, In 2015; Dow Chemical Company invested USD X billion for building a new manufacturing facility for HVAC & refrigeration products which will utilize 100% recyclable R-22 and R-600a based products thereby reducing environmental impact associated with production of these chemicals significantly.
Growth Factors:
- Increasing demand for energy-efficient appliances
- Stringent environmental regulations worldwide
- Rising disposable income of consumers in developing countries
- Technological advancements in refrigeration systems
- Growing popularity of supermarket chains and retail stores
Scope Of The Report
Report Attributes
Report Details
Report Title
R600a Refrigerant Market Research Report
By Type
Disposable Cylinder Packing, Repeatable Cylinder Packing
By Application
Refrigerators/Freezers, Cool Units, Hairspray and Aerosol Propellant, Other
By Companies
Zhongwei Fine Chemical, ZheJiang Bingcool Refrigerant Manufacture, Re-Atlantis Pressure Gauge, Sigma-Aldrich, Ark Pharma Scientific Limited, Wubei-Biochem, Tractus, TCI (Tokyo Chemical Industry), B Scientific (Wuhan) Corp, Hefei Hirisun Pharmatech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global R600a Refrigerant Market Report Segments:
The global R600a Refrigerant market is segmented on the basis of:
Types
Disposable Cylinder Packing, Repeatable Cylinder Packing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Refrigerators/Freezers, Cool Units, Hairspray and Aerosol Propellant, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhongwei Fine Chemical
- ZheJiang Bingcool Refrigerant Manufacture
- Re-Atlantis Pressure Gauge
- Sigma-Aldrich
- Ark Pharma Scientific Limited
- Wubei-Biochem
- Tractus
- TCI (Tokyo Chemical Industry)
- B Scientific (Wuhan) Corp
- Hefei Hirisun Pharmatech
Highlights of The R600a Refrigerant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable Cylinder Packing
- Repeatable Cylinder Packing
- By Application:
- Refrigerators/Freezers
- Cool Units
- Hairspray and Aerosol Propellant
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the R600a Refrigerant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
R600a refrigerant is a type of air-conditioning and refrigeration fluid that is made up of hydrocarbons. It has a higher boiling point than R410A, making it more effective at cooling objects.
Some of the major players in the r600a refrigerant market are Zhongwei Fine Chemical, ZheJiang Bingcool Refrigerant Manufacture, Re-Atlantis Pressure Gauge, Sigma-Aldrich, Ark Pharma Scientific Limited, Wubei-Biochem, Tractus, TCI (Tokyo Chemical Industry), B Scientific (Wuhan) Corp, Hefei Hirisun Pharmatech.
The r600a refrigerant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 R600a Refrigerant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 R600a Refrigerant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 R600a Refrigerant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the R600a Refrigerant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global R600a Refrigerant Market Size & Forecast, 2020-2028
4.5.1 R600a Refrigerant Market Size and Y-o-Y Growth
4.5.2 R600a Refrigerant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Disposable Cylinder Packing
5.2.2 Repeatable Cylinder Packing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Refrigerators/Freezers
6.2.2 Cool Units
6.2.3 Hairspray and Aerosol Propellant
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global R600a Refrigerant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 R600a Refrigerant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Disposable Cylinder Packing
9.6.2 Repeatable Cylinder Packing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Refrigerators/Freezers
9.10.2 Cool Units
9.10.3 Hairspray and Aerosol Propellant
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Disposable Cylinder Packing
10.6.2 Repeatable Cylinder Packing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Refrigerators/Freezers
10.10.2 Cool Units
10.10.3 Hairspray and Aerosol Propellant
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Disposable Cylinder Packing
11.6.2 Repeatable Cylinder Packing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Refrigerators/Freezers
11.10.2 Cool Units
11.10.3 Hairspray and Aerosol Propellant
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Disposable Cylinder Packing
12.6.2 Repeatable Cylinder Packing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Refrigerators/Freezers
12.10.2 Cool Units
12.10.3 Hairspray and Aerosol Propellant
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Disposable Cylinder Packing
13.6.2 Repeatable Cylinder Packing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Refrigerators/Freezers
13.10.2 Cool Units
13.10.3 Hairspray and Aerosol Propellant
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 R600a Refrigerant Market: Competitive Dashboard
14.2 Global R600a Refrigerant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhongwei Fine Chemical
14.3.2 ZheJiang Bingcool Refrigerant Manufacture
14.3.3 Re-Atlantis Pressure Gauge
14.3.4 Sigma-Aldrich
14.3.5 Ark Pharma Scientific Limited
14.3.6 Wubei-Biochem
14.3.7 Tractus
14.3.8 TCI (Tokyo Chemical Industry)
14.3.9 B Scientific (Wuhan) Corp
14.3.10 Hefei Hirisun Pharmatech
