Nature of the market:

Due to the increasing awareness among people about the importance of environmental protection, there is a high demand for Ammonia Refrigerant in the past few years. The coming next years is expected to have a wider usage of the same. In the global ammonia production, less than 2% of ammonia is used as a refrigerant!
The market has great growth potential. The refrigerant market is expected to grow at a compound annual growth rate of 5.2%, over the next five years and reach 1.6 million metric tons by 2018. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest consumption during the next five years.


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Drive causes of the market:
• Regulations on chlorine and fluorine based refrigerants usage is the major driving force
• Increase in usage of low temperature equipment like air conditioners, refrigerators, freezers etc.
• They are produced at a high rate because of the zero ODP and zero GWP properties.
• F-gas regulations suggest the use of natural refrigerants like ammonia, carbon dioxide, etc. for environment protection


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The report contains:
An in-depth geographical analysis of the Ammonia Refrigerant Market in America, Europe, APAC and ROW. The growing demand for cooling equipment and high growth in Asia-Pacific region is expected to remain the driving force for refrigerants demand in long run. However the frequent change in Montreal Protocol with respect to choice in refrigerant is restraining the market growth. The use of traditional refrigerant such as CFC and HFCF is causing greenhouse effects, so its use is being restricted. Hence, the demand for natural or green refrigerants is emerging in this market.
The market can be segmented based on factors such as End user (Automobiles, Households, Commercial, Industrial and others), End product (Air conditioners, refrigerators, chillers, district cooling systems and others).


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Notable companies of this market:
Carnot Refrigeration which offers environmental friendly ammonia refrigerant systems is partnered with Environmental Protection Agency’s (EPA’s) to as a part of environmental protection act. Some important companies are:
• Dehon Group,
• National Refrigerants,
• Amixo AB,
• Intergrated Packaged Systems and
• Brooktherm.


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