Chemicals and Materials Secondary Refrigerants Market New

The report "Secondary Refrigerants Market by Type (Glycols, Salt Brines, Carbon
Dioxide), Application (Commercial Refrigeration, Industrial Refrigeration, Heat Pumps, Air
Conditioning), and Region (North America, Europe, APAC, MEA) - Global Forecast to 2022",
published by MarketsandMarkets™, the Secondary Refrigerants Market is projected to
reach USD 710.7 Million by 2022, at a CAGR of 7.3% from USD 466.2 Million in 2017.
Browse 75 market data Tables and 25 Figures spread through 112 Pages and in-depth TOC
on "Secondary Refrigerants Market"
https://www.marketsandmarkets.com/Market-Reports/secondary-refrigerant-market-
198445739.html
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The glycols segment was the largest type segment of the Secondary Refrigerants
Market in 2016.
The glycols segment is estimated to account for the largest share of the Secondary
Refrigerants Market in 2017, in terms of value. Glycol fluids can provide freeze protection
for closed loop refrigeration systems, water-based heating, ventilation, and air conditioning
(HVAC), and cooling systems. They help in lowering the freezing point of water. Propylene
glycol is the most preferred type of glycol fluid that is used in a wide range of operations
due to its less toxicity and non-corrosive characteristics. Glycols reduce wear and
maintenance costs and have to be replaced every 3-5 years, which increase their demand in
the growing end-use industries, such as food & beverage. These factors play an important
role in the growth of the glycols segment.