US Refrigerant Market Overview, Analysis by Regions, Type and Major Manufacturers at 2022 to 2027|
Author : Vaidehi Pande | Published On : 03 Nov 2023
The U.S., along with other countries, has been actively phasing out high-global-warming-potential (GWP) hydro fluorocarbon (HFC) refrigerants, such as R-404A and R-410A, due to their environmental impact. This has led to a growing demand for low-GWP alternatives.
The market has seen a shift toward low-GWP refrigerants, including hydrofluoroolefins (HFOs) and natural refrigerants like ammonia and carbon dioxide. HFOs like R-1234yf and R-1234ze are being adopted as substitutes for older HFCs.
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The U.S. continues to align with international agreements, such as the Kigali Amendment to the Montreal Protocol, which seeks to reduce HFC emissions. Regulatory changes at the federal and state levels are driving the transition to more environmentally friendly refrigerants.
Increasing focus on energy efficiency in HVAC and refrigeration systems is driving the demand for refrigerants that not only have lower GWP but also offer improved system performance and energy savings.
The need to retrofit existing HVAC and refrigeration systems with new refrigerants that comply with GWP regulations has driven the retrofit market. Older systems using high-GWP refrigerants are being replaced with new, more eco-friendly equipment.
Manufacturers have been developing advanced refrigeration technologies and components to optimize the performance of low-GWP refrigerants. This includes improved compressors, heat exchangers, and system designs.
Natural refrigerants, such as ammonia, propane, and carbon dioxide, are gaining traction due to their low GWP and environmental friendliness. These are commonly used in commercial refrigeration and industrial applications.
The industry has faced supply chain disruptions and shortages of certain refrigerants, especially during the transition away from high-GWP refrigerants. These challenges have influenced pricing and availability.
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Proper refrigerant management, including recovery, recycling, and reclamation, has become more critical. Regulations and best practices for responsible refrigerant handling are driving the demand for recycling facilities.
Ongoing research and development efforts are aimed at finding new, low-GWP alternatives and improving the performance of existing low-GWP refrigerants.
The growth in the residential and commercial building sectors, as well as extreme weather events, has led to an increased demand for air conditioning systems, which, in turn, impacts the refrigerant market.
Many end-users, including businesses and consumers, are showing an interest in environmentally friendly and sustainable products and practices, including the refrigerants used in their HVAC and refrigeration systems.Top of Form
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