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Global Secondary Refrigerants Market 2018-2022

Global Secondary Refrigerants Market 2018-2022

About this market

The manufactures in the market are developing water- based and bio- based heat transfer fluids for use as secondary refrigerants in various refrigeration systems. These have technical properties such as excellent thermal stability at high temperature for thermal solar applications and low viscosity at low temperature for cooling applications. Therefore, due to such properties water- based and bio- based heat transfer fluids are preferred over conventional heat transfer fluids. Moreover, these are economical, however the levelized electricity cost (LEC) should be considered as the high- pressure requirement in the collector tube. The advantages with usage of water- based and bio- based heat transfer fluids as secondary refrigerants will boost the demand for secondary refrigerants. Technavio’s market research analysts have predicted that the secondary refrigerants market will register a CAGR of more than 4% by 2022

Market Overview

Reducing use of CFCs, HCFs and HFCs

CFCs, HCFs and HFCs are traditional refrigerants used as primary refrigerants. These negatively impact the environment by depleting the earth’s ozone layer, which protects the earth from harmful ultraviolet (UV- B) rays generated from the sun. In addition, they increase the temperature in the lower atmosphere of the earth, resulting in global warming. Owing to the negative effects associated with the use of these refrigerants, manufacturers are shifting toward secondary refrigerants such as glycol or brine.

High maintenance cost

The consumption of power with thee systems is high, it attracts a high cost. These refrigerants systems attract thermodynamic penalty because of an extra heat exchanger and a pump for the secondary loop, both of which add to the system’s power consumption. This has led the affect the growth due to high maintenance cost associated with the systems.

For the detailed list of factors that will drive and challenge the growth of the secondary refrigerants market during the 2018-2022, view our report.


  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global refrigerants market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global secondary refrigerants market - Market size and forecast 2017-2022 ($ millions)
      • Table Global secondary refrigerants market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Global secondary refrigerants market segmentation by application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Global secondary refrigerants market in commercial refrigeration - Market size and forecast 2017-2022
      • Table Global secondary refrigerants market in commercial refrigeration - Market size and forecast 2017-2022 ($ millions)
      • Table Global secondary refrigerants market in commercial refrigeration - Year-over-year growth 2018-2022 (%)
    • Global secondary refrigerants market in residential refrigeration - Market size and forecast 2017-2022
      • Table Global secondary refrigerants market in residential refrigeration - Market size and forecast 2017-2022 ($ millions)
      • Table Global secondary refrigerants market in residential refrigeration - Year-over-year growth 2018-2022 (%)
    • Global secondary refrigerants market in heat pumps - Market size and forecast 2017-2022
      • Table Global secondary refrigerants market in heat pumps - Market size and forecast 2017- 2022 ($ millions)
      • Table Global secondary refrigerants market in heat pumps - Year-over-year growth 2018-2022 (%)
    • Global secondary refrigerants market in airconditioning - Market size and forecast 2017- 2022
      • Table Global secondary refrigerants market in air-conditioning - Market size and forecast 2017-2022 ($ millions)
      • Table Global secondary refrigerants market in air-conditioning - Year over year growth 2018- 2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global secondary refrigerant market- Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Secondary refrigerants market in EMEA - Market size and forecast 2017-2022
      • Table Secondary refrigerants market in EMEA - Market size and forecast 2017-2022 ($ millions)
      • Table Secondary refrigerants market in EMEA - Year-over-year growth 2018-2022 (%)
    • Secondary refrigerants market in APAC - Market size and forecast 2017-2022
      • Table Secondary refrigerants market in APAC - Market size and forecast 2017-2022 ($ millions)
      • Table Secondary refrigerants market in APAC - Year-over-year growth 2018-2022 (%)
    • Secondary refrigerants market in the Americas - Market size and forecast 2017-2022
      • Table Secondary refrigerants market in the Americas - Market size and forecast 2017-2022 ($ millions)
      • Table Secondary refrigerants market in the Americas - Year over year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Development of water-based and bio-based heat transfer fluids
    • Government regulations promoting the use of low GWP and ODP refrigerants
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • A-Gas
      • Table A-Gas: Vendor overview
      • Table A-Gas - Product segments
      • Table A-Gas - Organizational developments
      • Table A-Gas - Geographical focus
      • Table A-Gas - Key offerings
    • Clariant
      • Table Clariant: Vendor overview
      • Table Clariant - Business segments
      • Table Clariant: Organizational developments
      • Table Clariant - Geographical focus
      • Table Clariant - Segment focus
      • Table Clariant- Key offerings
    • DowDuPont
      • Table DowDuPont: Vendor overview
      • Table DowDuPont - Business segments
      • Table DowDuPont - Organizational developments
      • Table DowDuPont - Geographical focus
      • Table DowDuPont - Segment focus
      • Table DowDuPont - Key offerings
    • Dynalene
      • Table Dynalene: Vendor overview
      • Table Dynalene - Product segments
      • Table Dynalene - Key offerings
    • Eastman Chemical Company
      • Table Eastman Chemical Company: Vendor overview
      • Table Eastman Chemical Company - Business segments
      • Table Eastman Chemical Company: Organizational developments
      • Table Eastman Chemical Company - Geographical focus
      • Table Eastman Chemical Company - Segment focus
      • Table Eastman Chemical Company - Key offerings
    • The Linde Group
      • Table The Linde Group: Vendor overview
      • Table The Linde Group - Business segments
      • Table The Linde Group: Organizational developments
      • Table The Linde Group - Geographical focus
      • Table The Linde Group - Segment focus
      • Table The Linde Group - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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