NEWS
INCORPORATING COLD CHAIN
ecsaReco in Cape Town is moving to
new premises, and will in future be
found at 33 Montague Drive,
Montague Gardens, Cape Town. Watch
this space!
“We are heading into the final stage of
our move, and everyone is excited and
enthusiastic,” says Sebastiaan Muller, area
manager Western Cape.
The new premises have been
renovated and the sign-off and hand
over will happen soon. The plan is to
start trading from the new premises in
September, if everything goes according
to plan.
The new premises in Montague
Gardens is well-situated and accessible
from all areas including public transport.
“This will hopefully bring more feet through
our doors, which is good for business,” says
Muller. CLA
New home for TecsaReco in the Cape
T
TecsaReco in Cape Town is moving to new offices in Montague Gardens.
Study shows low GWP refrigerant transition
underway despite challenges
A
ccording to an international
research and consulting firm, the
global HVAC&R industry is making
the steady shift towards low global
warming potential (GWP) refrigerants.
This is influenced by an evolving
regulatory climate.
The Fact.MR study estimates the low
GWP refrigerants market at USD18-billion
(R250-billion), thanks to the bullish growth of
this market.
KEY INFLUENCING FACTORS
INDUSTRIAL APPLICATIONS HOLD
BIGGEST SHARE
Refrigerants are the workhorse of the
HVAC&R industry and leading industry
players are promoting the adoption of
environmentally sound practices with the
phase-out of some high GWP refrigerants.
The exponentially growing HVACR industry
is expected to remain the bedrock for
the low GWP refrigerants market with a
substantially high demand in refrigeration
applications.
The study finds that the refrigeration
applications of low GWP refrigerants
accounted for a massive 63% share
in the low GWP refrigerants market
revenue, equaling over USD11.4 billion
(R158 billion) in 2018. As the adoption
of environment-friendly alternatives to
high GWP refrigerants is burgeoning
in refrigeration applications, the study
predicts that demand for low GWP
refrigerants will continue to remain high in
the foreseeable future.
However, leading manufacturers in
the low GWP refrigerants market are
increasing their focus on burgeoning
demand for low GWP refrigerants in
various other applications including
chillers. Top-tiered stakeholders in the
low GWP refrigerants market, such as The
Chemours Company and Daikin Industries,
According to the study, penetration of
hydrofluorocarbons (HFCs) continues
to remain high despite growing
research on its harmful impact on the
environment. Taking into consideration the
environmental impact of HFCs, regulations
on its use have become stringent over the
years. These factors are likely to provide
an impetus to the growth of low GWP
refrigerants market in the near future.
An increasing number of developed
as well as developing countries are
implementing a regulatory framework
that puts a check on the production
and use of HCFs. Initiatives such as the
Montreal Protocol, European Union’s F-gas
regulations, and the US Significant New
Alternatives Policy (SNAP) programme
have been successful in curtailing the
use of HCFs in a range of applications.
The ripple effect of these initiatives and
regulations has bolstered the case for low
GWP refrigerants.
The low GWP market is growing steadily as global regulations add pressure to limit high GWP refrigerant usage.
COLD LINK AFRICA •
SEPTEMBER 2019
recently declared their strategies to
capitalise on rapidly growing needs for
low GWP refrigerants in chillers along with
air-conditioning applications.
CREATING LUCRATIVE
OPPORTUNITIES
The European Union has stringent
environmental policies, and it is
manifested in the rapidly plummeting
availability of high GWP HFCs in the
European region. According to the
summary of HFC phase down in Europe
released by the Environmental Protection
Agency, the HFC phase down was
modest during 2015-2017, however, very
steel down was observed in 2018 as the
average volume of HFC available on the
European market reduced to 63% of the
2015 amount.
Thereby, with the sharp decrease in
HFC supply in 2018, there is potential for a
significant refrigerant shortage in European
markets. Leading players in the low GWP
refrigerants market in Europe are aiming to
capitalise on lucrative sales opportunities
in the European Union by bolstering the
production of low as well as ultra-low GWP
refrigerants in the region.
The study also provides futuristic
overview of growth of the low GWP
refrigerants market for the forecast
period 2019-2027, by thoroughly assessing
the salient market dynamics. The study
projects that the low GWP refrigerants
market will grow two times larger in terms
of revenue to exceed USD38-billion
(R528-billion) by the end of the
assessment period.
These insights are based on the ‘Low
GWP Refrigerants Market’ report by Fact.
MR. Download the full report on their
website. CLA
www.coldlinkafrica.co.za
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