Global hfo refrigerant market industry size, global trends, growth, o HFO_Market | Page 2

Global hfo refrigerant market industry size, global trends, growth, opportunities, market
share and market forecast - 2018 to 2023
“Orion Market Research (OMR), recently published a market research report on Global HFO
Refrigerant Market. According to the OMR analysis, the Global HFO Refrigerant Market is expected
to grow impressively during forecast year due to increasing urbanization. The Global HFO
Refrigerant Market is segmented on the basis of refrigerant type and application. The report
provides detailed and insightful chapters on market overview, key findings, strategic
recommendations, market estimations, market determinants, key company analysis, market
insights, company profiling, market segmentation, geographical analysis, analyst insights and
predictive analysis of the market.”
Full report of Global HFO Refrigerant Market is available at
https://www.omrglobal.com/industry-reports/hfo-refrigerant-market/
The Global HFO refrigerant market has witnessed a significant growth due to higher rate of
urbanization in APAC has led to higher demand for consumer product and increasing cold chain
market such as cold storage contributes in the growth of the market. According to the United
Nations 54% of the population lives in the urban area in 2014, which was equal to 3.86 billion. It is
expected to be 66% by 2050 which will be more than 6 billion people. As per the World
Urbanization Prospects by the United Nations, the largest urban growth will take place in India,
China and Nigeria. To manage the urban areas are the most important development challenges for
the government and hence they are introducing the various plans related to development under
smart cities projects. The urbanization is increasing with a significant level as in 2014 there were
only 28 mega-cities which is expected to reach 41 by 2030. According to the World Economic
Forum, Tokyo, Delhi, Shanghai, Mexico City, Mumbai in 2016, were the largest city in terms of
population globally. Key players of HFO refrigerant market include The Key Players in the global
HFO refrigerant market Include A-Gas, GTS SPA, Harp International Ltd., The Linde Group,
Quimobasicos SA de CV, Zhejiang Yonghe Refrigerant Co. Ltd., Climalife Groupe Dehon, Honeywell,
Dupont.