Chemical & Materials Trending Natural Refrigerants Market | Page 4
Industry Insights
• Ammonia (R-717) accounted for 60% of the market share for natural refrigerants in 2014.
• The refrigerant is extensively used for industrial refrigeration operations due to its high co-
efficient of performance (COP), comparatively lower leakage rate, low-cost, zero ozone depletion
potential (ODP), and global warming potential (GWP).
• Ammonia is toxic at high concentrations which restricts its application in smaller refrigeration
systems.
• Natural refrigerants, mainly carbon dioxide (CO2) (R-744) and hydrocarbons (R-290, R-1270, and
R-600a) are witnessing a high rate of adoption by major superstore and food retail chains in the
European and North American regions.
• Natural refrigerants are used in cold display cabinets, stand-alone refrigerators, and for
refrigeration during transportation.
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