Refrigeration

RSS

The global refrigerants market was valued at $9.5 billion in 2015, and is projected to reach $18.5 billion by 2022, registering a compound annual growth rate (CAGR) of 9.9 percent from 2016 to 2022, according to a new report published by Allied Market Research.

The 2016 editions of ASHRAE’s major refrigerants-related standards have been published as a package with 30 new refrigerants and refrigerant blends added.

Danfoss has launched a mobile training unit equipped with carbon dioxide (CO₂) solutions and interactive learning modules to help boost CO₂ refrigeration system competency among system builders, refrigeration contractors, service technicians, installers, and technical departments of food retailers. 

Arkema’s Forane^® 449B (R-449B) refrigerant has been approved by the U.S. Environmental Protection Agency (EPA) for use in multiple refrigeration applications under the agency’s Significant New Alternatives Policy (SNAP) program.

Demand for commercial refrigeration equipment in the United States is forecast to rise 3.1 percent per year through 2020 to $11.3 billion, according to a report by Reportbuyer. According to the report, US Commercial Refrigeration Industry, the growth between now and 2020 will be moderating somewhat compared to the 2010-2015 period, when growth was bolstered by a rebound in sales after the economic recession.