GREEN REFRIGERANTS MARKET ANALYSIS
Global Green Refrigerants Market: Regional Analysis
Among region, Europe is the key center for research and development of natural refrigerants that are used in heating, ventilation, air conditioning, and refrigeration (HVAC&R) sector. F-gas regulation implemented by European Union in 2015, with an aim to reduce emissions of Fluorinated greenhouse gases due to refrigerant leaks and degradation of refrigeration and cooling appliances is expected to drive the market growth in this region. Moreover, over 150 F-gases with GWPs were banned in the domestic refrigeration and air conditioning sector of Europe to achieve 21% reduction in usage of F-gases by 2030.
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