#Centrifugal Chiller Refrigerant Market Development
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Centrifugal Chiller Refrigerant Market Trends, Segmentation and Registering a Strong Growth by 2032
Centrifugal Chiller Refrigerant Market size is anticipated to surpass USD 8 billion by 2032, according to the latest research report by GMI Inc.
Burgeoning demand for bio-based refrigerants is projected to positively influence the industry growth. Other critical factors driving the market outlook include rising incidences of chronic diseases, which have accelerated the demand for biological products, blood samples, blood reagents, vaccinations, DNA samples, and other substances. In addition, the widespread requirement for thermal insulation is foreseen to support business expansion by 2032.
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Stringent environment protocols to increase the need for standard refrigerants
The standard centrifugal chiller refrigerant market is estimated to amass USD 3 billion by the end of 2032. In accordance with the Kigali Amendment and the Montreal Protocol, many nations are phasing out high-GWP refrigerants including CFCs and HCFCs. This has elevated the need for low-GWP refrigerants such as HFCs and HFOs, which are standard refrigerants. Moreover, recent innovations in standard refrigerants are set to impel product adoption.
High capacity and rapid speed colling to bolster demand for multi-stage compressors
The industry size is expected to expand at 4.5% CAGR between 2023 and 2032. The progression of commercial and industrial applications that require extensive cooling and refrigeration has fueled the need for refrigerants in multi-stage compressors. To cite an instance, the CenTraVac Water-cooled chillers with Symbio Controls introduced by Trane that has a multi-stage design and allow the chiller to deliver low leaving chilled water temperatures.
Increasing demand for eco-friendly chillers to augment product use in the oil & gas industry
The centrifugal chiller refrigerant market for the oil & gas industry is likely to reach more than USD 1.5 billion in revenue by 2032, driven by the mounting demand for more environmentally friendly refrigerants in the industry as people have become more aware of climate change and focusing on the reduction of carbon emissions.
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Construction of new commercial and industrial spaces to push Europe market growth
The Europe centrifugal chiller refrigerant industry is projected to witness 5.5% annual growth during 2023-2032 on account of the swift industrialization & commercialization in the region, which has, in turn, proliferated the demand for air conditioning systems to maintain the temperature in buildings. In February 2023, for instance, Atos, a French IT firm, launched its Factory of the Future project and began the construction of an Industry 4.0 plant in France.
Promising collaborations and acquisitions to emerge as a chief growth strategy
Some other companies involved in the centrifugal chiller refrigerant market are Orbia, The Chemours Company, Arkema SA, Air Liquide, Daikin Industries Ltd, SRF Ltd, and Sinochem Group. The industry’s competitive landscape will foresee a series of product range diversification and acquisition tactics by industry players. For instance, in October 2022, The Linde Group, a leading chemical firm, announced the acquisition of nexAir, a U.S.-based packaging and wielding supplies manufacturer. With this procurement, the company aims to develop its business in Tennessee and increase its production capacity.
Table of Contents (ToC) of the report:
Chapter 2 Executive Summary
2.1 Centrifugal Chiller Refrigerant market 360º synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Refrigerant trends
2.1.3 Compressor trends
2.1.4 End User trends
2.1.5 Regional trends
Chapter 3 Centrifugal Chiller Refrigerant Industry Insights
3.1 Introduction
3.2 Impact analysis of the COVID-19 pandemic
3.3 Industry ecosystem analysis
3.4 3.4 Technology landscape
3.5 Raw material trends
3.6 Regulatory landscape
3.7 Industry best practices and key buying criteria
3.8 Impact of F-gas on chillers
3.9 Pricing analysis
3.10 Cost structure analysis
3.11 Industry impact forces
3.11.1 Growth drivers
3.11.2 The flourishing industrial and manufacturing sector
3.11.3 Increasing demand for bio-based refrigerants is likely to act as an opportunity.
3.11.4 Industry pitfalls and challenges
3.11.5 The F-gas regulation will hamper the market growth.
3.12 Innovation & sustainability
3.13 Growth potential analysis
3.14 Porter’s analysis
3.15 PESTLE analysis
3.16 COVID-19 impacts on centrifugal chiller refrigerant demand, by application.
3.17 Impact of the Russia-Ukraine war on the industry
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/centrifugal-chiller-refrigerant-market
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#Centrifugal Chiller Refrigerant Market Analysis#Centrifugal Chiller Refrigerant Market by Type#Centrifugal Chiller Refrigerant Market Share#Centrifugal Chiller Refrigerant Market Development#Centrifugal Chiller Refrigerant Market Growth
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Screw Chillers In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Screw Chillers Market Research, 2031
The global screw chillers market size was valued at $4.6 billion in 2021, and is projected to reach $6.5 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031.
A screw chiller comprises a female helical screw and a male helical screw. Both these screws are mechanically engaged with each other and rotate simultaneously. This rotation gradually compresses the fluid as it moves from one end of the cylinder to the other end. Screw chillers house a screw compressor to compress air, refrigerant, or other fluids. It is more compact, quieter and contain fewer parts than their alternatives such as centrifugal, reciprocating, centrifugal and absorption chillers.
A rise in demand for screw chillers from various industry verticals such as food & beverages, chemicals and petrochemicals, pharmaceutical, plastic, oil and gas, and others, fuels the screw chillers market growth. Screw chillers are in high demand, owing to its high volumetric efficiency and capability to provide uniform and continuous flow of refrigerants. Furthermore, screw chillers do not contain suction and discharge valve, which eliminates the possibility of pressure drop, thereby; achieving higher productivity. Moreover, it produces less vibrations, owing to smaller number of moving parts. Chillers with screw compressors are suitable for a wide range of applications having refrigerant flow in the range of 200 to 20,000 M3/Hr. Key manufacturer, such as Airedale International Air Conditioning Ltd., Trane Technologies Company, LLC., and Johnson Controls International PLC offer a wide range of screw chillers. Such advantages of screw chillers are anticipated to boost the screw chillers market opportunity.
The screw chillers market is segmented into Product Type, Compressor Type and End User Industry. On the basis of product type, the market is divided into air cooled chiller and water-cooled chillers. On the basis of compressor type, the market is divided into single and dual and twin. On the basis of end-user industry, the market is divided into food and beverage, chemical and petrochemicals, pharmaceutical, oil and gas and others. Region-wise, the global market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Competition Analysis
The key players that operate in the screw chillers market are Carrier Global Corporation, Dunham Bush, EUROKLIMAT S.P.A., Haier Group, Johnson Controls, LG Electronics, McQuay Air-conditioning Ltd., Mitsubishi Electric Corporation, Robert Bosch GmbH, Trane Technologies Company LLC.
Full Report With TOC:-https://www.alliedmarketresearch.com/screw-chillers-market-A25786
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The Global Chillers Market Is Set To Reach US$ 5.5 Billion By 2032
The detailed research report on the global Chillers Market focuses on the macro as well as microeconomic factors that are helping its development. The report also concentrates on the regulatory framework that is shaping the future of the global market. Furthermore, the research report also makes note of the existing as well as prevailing pricing structure, emerging areas of applications, and imminent investment opportunities in the global market.
The research report on the global Chillers Market also provides an in-detailed analysis of the overall vendor landscape. The report analyzes the key marketing and promotional strategies adopted by the leading companies in the global market.
Furthermore, it takes into consideration the existing development, past events, and recent trends to provide a strong and unbiased opinion on the future direction in which these leading companies will be heading into.
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To back its opinion, the research report covers all the factors and events such as mergers, acquisitions, takeovers, joint ventures, and strategic alliances. It also analyzes the entry barriers and overall intensity of the competition in the global Chillers Market.
Market Players:
Daikin Industries
Johnson Controls
Trane Inc.
Carrier Corporation
Thermax Limited
GEA Group
Broad Group
Dunham Group
Smartd Chiller Group Inc.
Thermal Care Inc.
SKM Air Conditioning
Key Segments Covered in Chillers Industry Research
Chillers Market by Compressor Type :
Screw Chillers
Centrifugal Chillers
Scroll Chillers
Reciprocating Chillers
Absorption Chillers
Chillers Market by Capacity :
<100 kW Chillers
100 kW to 350 kW Chillers
350 kW to 700 kW Chillers
>700 kW Chillers
Chillers Market by Heat Rejection Method :
Air-cooled Chillers
Water-cooled Chillers
Absorption Chillers
Chillers Market by Refrigerant Type :
R22 Chillers
R407C Chillers
R134A Chillers
R410A Chillers
Others
Chillers Market by End User :
Rubber
Food & Beverages
Plastic
Medical & Pharmaceuticals
Chemicals & Petrochemicals
Others
Chillers Market by Region :
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Regional Analysis:
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The future prospects, growth opportunities of the HCFO-1233zd by 2021-2027
Astute Analytica's analysis of the HCFO-1233zd Market is a comprehensive look at the current state of this business vertical and provides a brief description of its segmentation. In addition to an accurate prediction of the market scenario over the forecast period, the report also provides market size estimation based on sales volume and valuation. The study highlights the top companies comprising the competitive landscape of the HCFO-1233zd market, as well as the geographical areas to which the industry extends its reach, in a comprehensive analysis.
There has been considerable growth in the HCFO-1233zd market over the last couple of decades. Moreover, a higher share of the revenue from the market is expected to influence the global economic structure with a more vigorous growth during the forecast period, according to the report.
The Global HCFO-1233zd market is valued at US$ 28.6 million in 2020 and is expected to reach 9,097.0 tons by the end of 2027, growing at a CAGR of 6.4% during 2021-2027.
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An in-depth global HCFO-1233zd market report titled 'HCFO-1233zd Market Research Report - By Manufacturers, Product Type, Applications, Region and Forecast to 2021-2027' was recently added to the library of market research reports that provide past and present analytics as well as statistics regarding the HCFO-1233zd market. In the report, the economic and regulatory factors that are shaping the market's growth trajectory are discussed in detail, as are the regional segmentation of the global HCFO-1233zd market, and the value and supply chains of the market.
Factors Impacting the Global HCFO-1233zd Market:
Growing disposable incomes, growing product demand, innovative products, and affluent raw materials are driving the growth rate of the market, which has the potential to impact its peers and parent market.
Impact of Covid-19: the HCFO-1233zd Market:
● HCFO-1233zd Market report discusses the impact Coronavirus (Covid-19) is having on the HCFO-1233zd industry.
● In the wake of the outbreak of the Covid-19 virus in December 2019, several countries around the globe have been affected, prompting the World Health Organization to declare a public health emergency. Globally, the Coronavirus disease has already started to affect the HCFO-1233zd market and has a huge impact on this sector.
● Flight cancellations, travel bans, quarantines, restaurant closures, blackouts of indoor events, emergency declarations in many countries, the unpredictability of stock markets, falling business confidence, growing panic among the population, and an uncertain future have all been impacted.
Regional Analysis: The HCFO-1233zd Market
Global market growth rate, size, and forecasts are included in the report along with the following geographic areas: Europe, Asia Pacific, Latin America, Middle East & Africa, and North America.
A regional growth report seeks to describe and analyze various factors affecting a region's growth, including economic, environmental, social, and technological factors. The analysts studied each region's revenue, production, and producers. Throughout the forecast period, revenues and volumes for the regions are examined.
Aim of the Report: The HCFO-1233zd Market:
This report explores the factors that are changing the market segments:
By Product Form
● Trans-1-Chloro-3,3,3-trifluoropropene (HCFO-1233zd-E)
● Cis-1-Chloro-3,3,3-trifluoropropene (HCFO-1233zd-Z)
By Application
● Insulation Foam Blowing Agents
● Refrigerants
● Centrifugal Chillers
● Cleaning agent
● Degreasing
● Other
By End-user industry
● Food or beverage
● Mechanical
● Construction
● Electric and Electronics
● Heating, ventilation, and air conditioning (HVAC)
● Other
Key Players: the HCFO-1233zd Market:
Business Description, Product Portfolio, Company Financials and Claims, Key Details, Strategy Outlook, and Recent Developments. The players profiled in the research report include are – Arkema S.A., Beijing Yuji Science & Technology Co., Ltd., Central Glass Co., Ltd., Chemours Company, Danfoss, GAB Neumann, Honeywell International and Navin Fluorine.
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Condensing Unit Market Report Forecast by Development, Trends, and Forecast (2021-2028)
Competitive Landscape and Condensing Unit Market Share Analysis
Condensing unit market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to condensing unit market.
The major players covered in the condensing unit market report are Emerson Electric Co.; Carrier.; Danfoss A/S; GEA Group Aktiengesellschaft; Heatcraft Worldwide Refrigeration; Voltas, Inc.; BITZER Kühlmaschinenbau GmbH; Baltimore Aircoil Company; Dorin S.p.A.; ADVANSOR A/S; SCM Frigo S.p.A.; DAIKIN APPLIED; EVAPCO, Inc.; Frascold; FreezeIndia Manufacturing Private Limited; Howe Corporation.; Hussmann Corporation.; Blue Star Limited.; MTA S.p.A.; National Comfort Products.; Patton Ltd.; Safe Air Technology International; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Condensing Unit Market Country Level Analysis
Condensing unit market is analysed and market size, volume information is provided by country, type, function, refrigerant type, compressor technology, end use and application as referenced above.
The countries covered in the condensing unit market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America, and Europe dominates the condensing unit market due to the increasing adoption of advanced technology in the region. Middle East and Africa region is expected to hold the largest growth rate due to the growing applications of refrigeration in various end-use industries such as chemicals and petrochemicals and plastics in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Global Condensing Unit Market Scope and Market Size
Condensing unit market is segmented on the basis of type, function, refrigerant type, compressor technology, end use and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
· On the basis of type, the condensing unit market is segmented into air-cooled condensing unit, water-cooled condensing unit, and evaporative condensing unit.
· Based on function, the condensing unit market is segmented into air conditioning, refrigeration, and heat pumps.
· On the basis of compressor technology, the condensing unit market is segmented into reciprocating, hermetic, semi-hermetic, open, rotary, scroll, rotary vane, screw, and centrifugal.
· Based on refrigerant type, the condensing unit market is segmented into fluorocarbons, hydrocarbons, and inorganics. Fluorocarbons have been further segmented into HCFCS, HFCS, and HFOS. Hydrocarbons have been further segmented into isobutane, propane, and others. Others have been further sub segmented into butane, propene, and isopentane. Inorganics have been further segmented into ammonia, CO2, and others. Others have been further sub segmented into water, and air.
· On the basis of end use, the condensing unit market is segmented into residential, commercial, and industrial.
· Condensing unit market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for condensing unit market include high temperature, medium temperature, and low temperature.
Market Analysis and Insights : Global Condensing Unit Market
Global Condensing unit market will reach an estimated valuation of USD 53.55 billion by 2028, while registering this growth at a rate of 8.50% for the forecast period of 2021 to 2028. Condensing unit market report analyses the growth, which is currently being growing due to the high durability and long life of advanced condensing units.
The temperature control devices used to condense a material from its gaseous state to a liquid state by cooling it are known as the condensing unit. This machine may either be a heat pump or an air conditioning unit. For condensation purposes, condensing systems are primarily used in refrigerators, air conditioners, heat pumps and chillers. It consists of three major components namely, compressor, fan, and condensing coil.
The growing demand of condensing units in commercial and industrial sectors in the developing economies, increasing number of population across the globe along with rising levels of disposable income of the people, rising demand for improved quality condensing units for various applications, increasing growth of the retail sector are some of the major as well as vital factors which will likely to augment the growth of the condensing unit market in the projected timeframe of 2021-2028. On the other hand, growing number of technological advancements along with rising demand for natural refrigerants which will further contribute by generating massive opportunities that will lead to the growth of the condensing unit market in the above mentioned projected timeframe.
Stringent environmental regulations on refrigerants used along with rising number of complexities and uncertainties for manufacturers which will likely to act as market restraints factor for the growth of the condensing unit in the projected timeframe mentioned above.
This condensing unit market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on condensing unit market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Condensing Unit Market, By Type (Air-Cooled Condensing Unit, Water-Cooled Condensing Unit, Evaporative Condensing Unit), Function (Air Conditioning, Refrigeration, Heat Pumps), Refrigerant Type (Fluorocarbons, Hydrocarbons, Inorganics), Compressor Technology (Reciprocating, Hermetic, Semi-Hermetic, Open, Rotary, Scroll, Rotary Vane, Screw, Centrifugal), Application (High Temperature, Medium Temperature, Low Temperature), End Use (Residential, Commercial, Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
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Industrial Air Chiller In-Depth Profiling With Key Players and Recent Developments, Forecast Period: 2021-2031
Industrial Air Chiller Market Research, 2031
The global industrial air chiller market was valued at $4.7 billion in 2021, and is projected to reach $7.3 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031.
The global industrial air chiller market size was valued at $ 4,669.1 million in 2021, and is projected to reach $ 7,252.9 million by 2031, registering a CAGR of 4.3% from 2022 to 2031. Industrial air chillers are used for eliminating heat from various industrial processes. This is achieved by blowing ambient air via a fan around the condenser containing the heated refrigerant or fluid. Industrial air chillers primarily comprise four basic parts, which include condenser, expansion valve, evaporator, and compressor.
A large number of industrial machineries are susceptible to failing, owing to their higher operating temperatures, especially, those use in manufacturing industries. Manufacturing industries use high temperatures in many of their processes and operations such as melting, casting, and welding. Therefore, for controlling temperature of such machines and preventing them from overheating, industrial air chillers are widely used. Furthermore, the pharmaceuticals industry is witnessing a notable growth, owing to rise in elderly population and increase in number of communicable and non-communicable diseases. It uses industrial air chillers for maintaining low temperature for safe storage of drugs and other chemicals. Hence, growth in the pharmaceutical industry is expected to boost demand for industrial air chiller industry. Moreover, rapid rise in the economic standards and global population propel demand of chillers in the energy sector, especially for fuel and electricity. This has led to rise in demand for industrial air chillers in the energy sector.
The industrial air chiller market forecast report is segmented into type, function, end user, and region. By type, the market is categorized into centrifugal chillers, reciprocating chillers, scroll compressor chillers, and screw driven chillers. On the basis on function, it is divided into stationary and transport. On the basis of end user, it is categorized into foods & beverages, pharmaceuticals, utility & power, oil & gas and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2021, accounting for the highest industrial air chiller market share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to increase in manufacturing activities across the region.
Competition Analysis
Key companies profiled in the industrial air chiller market report include Airedale International Air Conditioning Ltd., Blue Star Limited, Carrier Global Corporation, Daikin Industries, Ltd., GEM Orion Machinery Private Limited, Hiver Aircon Pvt.Ltd, Jiangsu Huazhao Refrigeration Equipment CO., Ltd., Johnson Controls International PLC, Mitsubishi Electric Corporation, and Trane Technologies Company, LLC.
Full Report With TOC:-https://www.alliedmarketresearch.com/industrial-air-chiller-market-A09997
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New Technology Development in Process Chiller Market to Grow During Forecast Year 2016-2025
A Comprehensive research study conducted by KD Market Research on Process Chiller Market Opportunity Analysis and Industry forecast. report offers extensive and highly detailed historical, current and future market trends in Process Chiller Market . Process Chiller Market report includes market size, growth drivers, barriers, opportunities, trends and other information which helps to find new opportunities in this market for the growth of the business through new technologies and developments.
KD Market Insights added a title on “Process Chiller Market – 2019-2025” to its collection of industry research reports that offers extensive and highly detailed current and future market trends in the global and regional/market. The report includes market size, Y-O-Y growth analysis and structure of the overall industry based on a unique combination of industry research, fieldwork, market sizing analysis, and our in-house expertise.
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The market research report demonstrates market dynamics which includes growth drivers, restraining factors and opportunities and trends spearheading current Capacity and future status of this market. Our general approach is to target several individuals with specific questions that we believed would satisfy our research objective. Further, to speed up the data collection process, we employed an online survey, delivered via email. The research team analyzed the results to identify potential opportunities and risks for the market.
In addition, the report offers recent industry activities and value chain analysis for the Process Chiller Market. Moreover, Porter’s Five Forces analysis demonstrates the five forces which include buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in Process Chiller Market. Along with figures and tables, a market attractiveness and BPS analysis has been provided for every segment in the report.
Global Process Chiller Market Size & Forecast:
Global Process Chiller market witnessed a market value of USD XX Million in 2018 and is estimated to reach USD XX million in 2025, registering a compound annual growth rate (CAGR) of XX% between 2018 and 2025. The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the geographies are fragmented into the country and regional groupings:
- North America (U.S. & Canada) - Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe) - Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific) - Latin America (Brazil, Mexico, Argentina and Rest of Latin America) - Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Global Process Chiller Market Segmentation:
The research offers a comprehensive analysis of global Process Chiller market with respect to following sub-markets:
Based on Cooling Type: - Air-Cooled Process Chiller - Water-Cooled Process Chiller
Based on Capacity: - Upto 20 Tons - 20 - 150 Tons - 150 - 300 Tons - Above 300 Tons
Based on Compressor Type: - Positive Displacement - - - Scroll - - - Screw - - - Reciprocating - Centrifugal
Based on End-use Industry: - Plastics - Food & Beverages - Pharmaceutical - Printing - Chemical - Energy - Engineering & Mechanical - Others
Global Process Chiller Market: Competitive Landscape
The report also highlights the competitive landscape of the global Process Chiller market, market share and positioning of all the major players in the industry. The competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as company overview, financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, Type development, research & development and other market activities).
The report includes profiles of leading companies in the global Process Chiller market.
Some of the key players profiled include:
- United Technologies Corporation (Carrier) - DAIKIN INDUSTRIES Ltd. - Johnson Controls International plc. - Blue Star Ltd. - GEA Group AG - Motivair Corporation - Pfannenberg Inc. - Trane Inc. - Cooling Technology, Inc. - Drake Refrigeration Inc. - Advantage Engineering, Inc. - Aqua Cooling Solutions Ltd. - Thermonics Corporation - MTA USA - Other Major & Niche Key Players
Timeline Considered for Analysis:
- 2016 to 2017 – Historical Year - 2018 – Base Year - 2019 – Estimated Year - 2020 to 2025 – Forecasted Year
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Process Chiller Industry Report:
- What is the overall market size in 2018? What will be the market growth during the forecast period i.e. 2019-2025? - Which region would have high demand for product in the upcoming years? - What are the factors driving the growth of the market? - Which sub-market will make the most significant contribution to the market? - What are the market opportunities for existing and entry-level players? - What are various long-term and short-term strategies adopted by the market players?
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Table of Content
1. Executive Summary 2. Growth Drivers & Issues in Global Process Chiller Market 3. Global Process Chiller Market Trends 4. Opportunities in Global Process Chiller Market 5. Recent Industry Activities, 2018 6. Porter's Five Forces Analysis 7. Market Value Chain and Supply Chain Analysis 8. Global Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
9. Global Process Chiller Market Segmentation Analysis, By Cooling Type
9.1. Introduction 9.2. Market Attractiveness, By Cooling Type 9.3. BPS Analysis, By Cooling Type 9.3.1.1. Air-Cooled Process Chiller 9.3.1.2. Water-Cooled Process Chiller
10. Global Process Chiller Market Segmentation Analysis, By Capacity
10.1. Introduction 10.2. Market Attractiveness, By Capacity 10.3. BPS Analysis, By Capacity 10.3.1. Upto 20 Tons 10.3.2. 20 - 150 Tons 10.3.3. 150 - 300 Tons 10.3.4. Above 300 Tons
11. Global Process Chiller Market Segmentation Analysis, By Compressor Type
11.1. Introduction 11.2. Market Attractiveness, By Compressor Type 11.3. BPS Analysis, By Compressor Type 11.3.1. Positive Displacement 11.3.1.1. Scroll 11.3.1.2. Screw 11.3.1.3. Reciprocating 11.3.2. Centrifugal
12. Global Process Chiller Market Segmentation Analysis, By End-use Industry
12.1. Introduction 12.2. Market Attractiveness, By End-use Industry 12.3. BPS Analysis, By End-use Industry 12.3.1. Plastics 12.3.2. Food & Beverages 12.3.3. Pharmaceutical 12.3.4. Printing 12.3.5. Chemical 12.3.6. Energy 12.3.7. Engineering & Mechanical 12.3.8. Others
13. Geographical Analysis
13.1. Introduction 13.2. North America Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.2.1. By Cooling Type 13.2.2. By Capacity 13.2.3. By Compressor Type 13.2.4. By End-use Industry 13.2.5. By Country 13.2.5.1. Market Attractiveness, By End-use Industry 13.2.5.2. BPS Analysis, By End-use Industry 13.2.5.3. U.S. Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.2.5.4. Canada Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
13.3. Europe Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.1. By Cooling Type 13.3.2. By Capacity 13.3.3. By Compressor Type 13.3.4. By End-use Industry 13.3.5. By Country 13.3.5.1. Market Attractiveness, By Country 13.3.5.2. BPS Analysis, By Country 13.3.5.3. Germany Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.4. United Kingdom Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.5. France Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.6. Italy Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.7. Spain Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.8. Russia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.3.5.9. Rest of Europe Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
13.4. Asia Pacific Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.1. By Cooling Type 13.4.2. By Capacity 13.4.3. By Compressor Type 13.4.4. By End-use Industry 13.4.5. By Country 13.4.5.1. Market Attractiveness, By Country 13.4.5.2. BPS Analysis, By Country 13.4.5.3. China Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.4. India Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.5. Japan Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.6. South Korea Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.7. Indonesia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.8. Taiwan Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.9. Australia Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.10. New Zealand Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.4.5.11. Rest of Asia Pacific Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
13.5. Latin America Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.5.1. By Cooling Type 13.5.2. By Capacity 13.5.3. By Compressor Type 13.5.4. By End-use Industry 13.5.5. By Country 13.5.5.1. Market Attractiveness, By Country 13.5.5.2. BPS Analysis, By Country 13.5.5.3. Brazil Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.5.5.4. Mexico Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.5.5.5. Rest of Latin America Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
13.6. Middle East & Africa Process Chiller Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.6.1. By Cooling Type 13.6.2. By Capacity 13.6.3. By Compressor Type 13.6.4. By End-use Industry 13.6.5. By Country 13.6.5.1. Market Attractiveness, By Geography 13.6.5.2. BPS Analysis, By Geography 13.6.5.3. GCC Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.6.5.4. North Africa Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.6.5.5. South Africa Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025 13.6.5.6. Rest of Middle East & Africa Market Size (USD Million) & Volume (Units), Forecast & Y-o-Y Growth Analysis, 2016-2025
14. Competitive Landscape
14.1. Market Share of Key Players 14.2. Market Positioning of Major Players in Global Process Chiller Market 14.3. Company Profiles 14.3.1. United Technologies Corporation (Carrier) 14.3.1.1. Business Strategy 14.3.1.2. Financials 14.3.1.3. SWOT Analysis 14.3.1.4. Market Share Analysis 14.3.1.5. Key Achievements & Developments 14.3.2. DAIKIN INDUSTRIES Ltd. 14.3.3. Johnson Controls International plc. 14.3.4. Blue Star Ltd. 14.3.5. GEA Group AG 14.3.6. Motivair Corporation 14.3.7. Pfannenberg Inc. 14.3.8. Trane Inc. 14.3.9. Cooling Technology, Inc. 14.3.10. Drake Refrigeration Inc. 14.3.11. Advantage Engineering, Inc. 14.3.12. Aqua Cooling Solutions Ltd. 14.3.13. Thermonics Corporation 14.3.14. MTA USA 14.3.15. Other Major & Niche Players
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Medical Equipment Cooling Market Outlook 2019,Business Overview by 2026 Available in Latest Report
“Data Bridge Market Research” has recently added a concise research on the Medical Equipment Cooling Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. Some are the key & emerging players that are part of coverage and have being profiled are GLEN DIMPLEX GROUP., Legacy Chiller Systems, Inc., American Chillers, General Air Products, Advanced Cooling Technologies, Inc., Aspen Systems Inc., Filtrine Manufacturing Company, Laird Thermal Systems, Air Products and Chemicals, Inc., Drake Refrigeration Inc., Pelonis Technologies
Global medical equipment cooling market is expected to rise from to an estimated value of USD 249.02 million by 2026 registering a steady CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to economic advantage of cooling systems, growing ageing population and increasing prevalence of chronic diseases.
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Segmentation: Global Medical Equipment Cooling Market
Global Medical Equipment Cooling Market By Type (Liquid-Based; Air-Based)
Compressor (Scroll; Screw; Centrifugal; Reciprocating)
Configuration (Packaged; Modular; Split)
Application (Medical Devices; Analytical & Laboratory Equipment)
End-User (OEMs; Hospitals, Laboratories & Outpatient Clinics; Independent Diagnostic & Laboratories; Treatment Centers; Others)
Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Key Developments in the Market:
· In May, 2019 Atlas Copco announced that they had agreed to acquire Eurochiller S.r.l. With this acquisition, Atlas Copco would be expanding their product portfolio to include cooling equipments. Thus, with Atlas Corpo’s efficiency and quality in production it would bring about new and innovative cooling equipments, enhancing the growth of the cooling equipment market.
· In November 2017, Laird Thermal Systems extended its product line of thermoelectric assembly (TEA) products with the introduction of a new, innovative and technologically advanced range of products for critical medical equipments. It has enhanced its product features and the cooling capacities to cater to medical equipment needs.
· In May 2016, KKT chillers expanded its service capabilities by opening a new service center in Shanghai, China. This expansion was done in order to cater to the rising demand for chiller and equipment coolers by the various end-use industries.
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Market Drivers
· Increasing ageing population would foster the growth of this market, as old people are more prone to diseases such as diabetes, CAD etc
· Rising number of diagnostic centers and hospitals globally would foster the growth of this market
· Financial advantage received by medical equipment cooling would drive the growth of this market
· Rising demand of medical imaging system and minimally invasive treatments boosts the growth
Market Restraints
· Risk of corrosion of cooling system hinders the growth of this market
· Presence of strict regulations and compliances regarding the approval of these equipments is expected to restrain the growth of the market
Primary Respondents
· Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
· Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Competitive Analysis:
Global medical equipment cooling market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of medical equipment cooling market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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· All segmentation provided above in this report is represented at country level
· All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Global High Blood Pressure Treatment Market
#Medical Equipment Cooling Market#Medical Equipment Cooling Market Overview#Medical Equipment Cooling Market Size#Medical Equipment Cooling Market Share
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Hydro Chlorofluorocarbon (HCFC) Market - Global Industry Insights, Trends, Size, Share, Outlook, 2018-2026
Hydrochlorofluorocarbon (HCFC) is a manmade compound used as refrigerants, aerosols, and in foam manufacture. They are chemically similar to chlorofluorocarbons and exhibit similar properties, having low boiling points which make them ideal in the foam blowing and refrigeration industry. Unlike CFCs, HCFCs are volatile and have a lower global warming potential. They are classified as VOCs and rise up to stratosphere damaging the ozone layer, though are less potent than CFC’s. HCFC’s have replaced CFC’s in many applications and are in the process of being phased out themselves. They are used in commercial refrigeration, foam blowing and residential air conditioning, and are gradually being replaced by hydro fluorocarbons (HFCs).
Under the Montreal Protocol complete phase out of HCFCs is slated for 2020 in developed countries and 2030 in emerging economies. Developed countries have already adopted or are in the process of adopting natural or less harmful artificial alternatives on a large scale, resulting in the phasing out of HCFC market in North America and Europe.
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HCFC-22 was the most commonly used refrigerant, though it is being phased out in favor of HFC-134b. Similarly, in the foam industry, HCFC 141b and HCFC 142b are being replaced by HFC-245fa. HCFC 123 are used in centrifugal chillers and fire extinguishers, HCFC 124 in air conditioning equipment. HCFC 225ca and HCFC 225cb are used as aerosol solvents.
Foam blowing market is also undergoing a shift to HFO, though large scale use is expected to take many years due to lack of large-scale manufacturing infrastructure.
Major players in the blowing agents market include Honeywell International Inc, Exxon Mobil Corporation, E.I. du Pont de Nemours & Company, Harp International Ltd, Daikin Industries, Ltd., Arkema S.A., Sinochem Group, Solvay S.A., and ZEON Corporation. Furthermore, major players in the refrigeration market are The Danfoss Group, Emerson Electric Co., GEA Group AG, Johnson Controls Inc. and United Technologies Corporation.
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Global Chiller Market 2019 Industry Key Players, Share, Trends, Segmentation and Forecast 2025
Brandessenceresearch.com Adds “Chiller Market 2019 - Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database.
Description:
Global Chiller Market was valued at USD 7856.2 Million in 2018 and is projected to reach around USD 11390.4 Million by 2025, at a CAGR of 5.45% during the forecast period. The base year considered for the study is 2017 and the forecast period is 2019-2025. Highdemand of energy-efficient cooling solutions in industrial sector factor drives the market growth.
Scope of Global Chiller Market Reports –
Chillers are used to take away high temperature from a liquid via a vapor-compression or absorption refrigeration cycle. These are mainly used to maintain the temperature. A chiller uses either a vapor compression or absorption cycle to cool. Chillers are used in a multitude of applications counting injection molding, tool and die cutting, food and beverage, chemicals, lasers, machine tool, semi-conductors and in large commercial buildings etc.
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Global Chiller Market report is segmented on the basis of product, application type, end-user and regional & country level. Based upon product type, global Chiller market is segmented into air, water and evaporative. By application, market is segmented as screw chiller, scroll chiller, centrifugal chiller, absorption chiller, and reciprocating chiller. By end-user, market is divided into chemicals & petrochemicals, food & beverages, plastics, rubber, medical, commercial building and others.
The regions covered in this chiller market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Chiller is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Key Players for Global Chiller Market Reports
Some major key players for global Chiller market are Daikin Industries Ltd., Johnson Controls, Trane Inc., Carrier Corporation, Smartd Chiller Group Inc., Thermax Ltd., Hitachi Appliances Inc., Climaveneta S.P.A., Polyscience, Dimplex Thermal Solutions Trane (Ingersoll-Rand), Carrier, Lennox, Dimplex Thermal Solutions, EcoChillers, Thermal Care, SMC, Dinkin (McQuay), Lytron Chillers, Parker Hannifin, Mammoth , Toshiba.
Chiller market is in its emerging stage; therefore, the competition is increasing. Technological development and the new product development provide the growth to the market.
Global Chiller Market Dynamics –
Chiller market is increasing due to its wide range of industrial application. Chillers play an important role in many industries. It keeps machines running consistently, by maintaining the temperature. Increasing use of chillers in large commercial buildings to maintain space comfort drives the growth of the chiller market. Additionally, increasing use of frozen food and rapid growth in sales with consumer satisfaction due to high quality of products, availability of product, consumer appreciation for product standards are also anticipated to boost the demand for frozen foods which leads to the increase in demand for chillers and foster the market growth within the forecast period. For instance; frozen-food market was valued at around USD 225 billion in 2012 and it is expected to grow around USD 294 billion by 2019. Furthermore, chillers use high electricity which may restrains the market growth. In spite of that, the increasing technological development targeted to reduce the electric consumption of chiller can provide an opportunity to the market.
Key Benefits for Global Chiller Market Reports –
Global Chiller Market report covers in-depth historical and forecast analysis.
Global Chiller Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
Global Chiller Market report helps to identify opportunities in marketplace.
Global Chiller Market report covers extensive analysis of emerging trends and competitive landscape.
Chiller Market Segmentation
By Type
Air
Water
Evaporative
By Application
Screw Chiller
Scroll Chiller
Centrifugal Chiller
Absorption Chiller
Reciprocating Chiller
By End-User
Chemicals & Petrochemicals
Food & Beverages
Plastics
Rubber
Medical & Others
Commercial building
By Region
U.S.
Mexico
Canada
UK
France
Germany
Italy
China
Japan
India
Latin America
Brazil
GCC
Africa
Rest of Middle East and Africa
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Global Chillers Market was valued at US$ 8.90 Bn in 2017 and is expected to reach US$ 13.20 Bn by 2026, at a CAGR of 5.05 % during a forecast period.
Chillers are cooling devices used to cool equipment, raw materials, or fluid streams in industrial applications, and food and beverages in residential and commercial applications. The most significant attributes of chillers are their features such as durability, efficiency, and low environmental impact.
The objective of the report is to present a comprehensive assessment of the global chillers market and contains considerate insights, facts, historical data, industry-validated market data and projections with appropriate set of traditions and methodology. The report also helps in understanding dynamics, structure by analysing the market segments by material, type, end-user and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global chillers market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
Rising demand for process cooling in industrial applications, increasing demand for chillers from developing markets of Asia-Pacific and growing use of chillers in solar cooling applications are expected to drive the global chillers market. Augmented consumption of frozen foods and Hugh demand for energy-efficient cooling solutions across end-user industries like plastic, rubber, & chemical are expected to boom global chillers market. Technical advancements offer growth opportunities to the global chillers market key players. Furthermore, high electricity cost is one of the main challenges for the global chillers market growth.
Scroll chiller segment is expected to grow at a high rate of CAGR in the global chillers market during the forecast period. Various industries like chemicals, plastic, and printing are using scroll chillers in their production units in order to droplet down the energy usage, maintenance cost & other overhead charges. By instigating scroll chillers into the production process, these industries are capable to decrease down its electricity consumption nearly by 12-15 %. Among these industries, scroll chillers are extremely considered and profiting the small residential and commercial complexes in footings of energy conservation.
Additionally, a small enterprise is looking for to decrease down the usage of refrigerants containing high ozone depletion potential. Increasing preferences towards the usage of scroll chillers is expected to increase product demand. Scroll chillers are actually easy to install, maintain and customize. It also tailor-made affording to the variation of sound, mechanical and energy configurations.
Geographically, Asia Pacific is expected to share significant growth in the global chillers market. The region is experiencing stable economic development and Hugh investments across industries like chemical & petrochemical, plastic, and food & beverage. The chillers market is developing in various countries such as China, India, and Brazil owing to growing industrial activity. Additionally, the presence of a large number of emergent manufacturers from the Asia Pacific is projected to shrink import dependence of numerous regions which is estimated to drive the chillers market during the forecast period.
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Scope of the Report Global Chillers Market
Global Chillers Market, By Type
• Screw Chiller
• Scroll Chiller
• Centrifugal Chiller
• Absorption Chiller
• Reciprocating Chiller
Global Chillers Market, By End User
• Chemicals & Petrochemicals
• Food & Beverages
• Plastics
• Rubber
• Medical & Pharmaceutical
Global Chillers Market, By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players in Global Chillers Market
• Johnson Controls Inc.
• Trane, Inc.
• Broad Air Conditioning Co., Ltd.
• Robur Group
• Daikin Industries, Ltd.
• Thermax, Ltd.
• Carrier Corporation
• Yazaki Energy Systems, Inc.
• Hitachi Appliances, Inc.
• Century Corporation
• Shuangliang Eco-Energy Systems Co., Ltd.
• MIDEA Group Co., Ltd
• Climaveneta S.P.A.
• Advantage Engineering Inc.
• Broad Air Conditioning Co. Ltd
• Polyscience
• Dimplex Thermal Solutions.
• Thermal Care Inc.
• BV Thermal Systems
• Temptek Inc.
• Hyundai Climate Control Co., Ltd.
• Robur Group
• Kawasaki Thermal Eng. Co. Ltd.
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Refrigerants Market Global Industry Manufacturing Size, Share, Business Insights, Development Status, Key Challenges and Forecast Analysis
The global refrigerants market size is anticipated to reach USD 22.16 billion by 2026 growing at a CAGR of 4.4% from 2019 to 2026 according to a new report published by Polaris Market Research. The report ‘Refrigerant Market Share, Size, Trends, & Industry Analysis Report, [By Product (Inorganics, Fluorocarbons, Hydrocarbons), By Application (Domestic, Light Commercial, Commercial, Industrial, Air Conditioning, Heat Pumps) By Regions]: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Refrigerants can be defined as the heat transfer medium that absorb heat at low temperature and pressure, by means of evaporation and give up heat by means of condensation at high temperature and pressure. Suitable and good refrigerants can be defined as those having properties such as good stability, non-toxicity, non-flammability, and having atmospheric boiling point in between the range of – 40 degree Celsius to 0 degree Celsius.
Zeotrope and azeotrope are the two major and basic classifications of refrigerant chemistry. The zeotrope can be separated by distillation by carrying out the fractionalization process. Two or more refrigerants can be blended to achieve properties suitable for customer requirements. The properties that can be modified include volumetric capacity, flammability, and discharge among others. Agencies such as the American Society of Heating, Refrigerating, and Air-Conditioning Engineers, Inc. (ASHRAE) have defined the nomenclature as well as standards to be used for refrigerants.
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Major customers in this market demand refrigerants which are ozone saving, have wide applicability, is less costly and is suitable for the compressor type. According to the Montreal Protocol, the Ozone Depletion Potential (ODP) of a refrigerant has to be zero. In addition, it has to possess low Global Warming Potential (GWP).
The main applications of refrigerants include chillers, air conditioners, heat pumps, refrigerators both large scale and domestic. Improvement in economic conditions across the globe has contributed to a rise in disposable income, increase in standard of living and has spurred a rise in urbanization thus contributing to a rise in sale of domestic appliances such as refrigerators. This trend is expected to benefit the refrigerants market growth over the forecast period.
Refrigerators are used widely in the medical sector. They are used in laboratories, pharmacies, for uses such as storage of medicine, and other equipments. The medical sector has experienced a rapid growth particularly in areas such as Asia Pacific. Thus, the growth of the medical sector is expected to in turn compliment the growth of the refrigerants market over the forecast period.
There is a major role played by refrigerators in the overall food value chain. The temperature control of perishable food items at all steps of value chain is critical, and refrigerators play an important role in doing so. It is essential for preserving the flavor, vitamin content, texture as well as the color of the food item. Growing population, scarce resources and demand for packaged food has contributed to a growth in the food & beverage industry, and this trend is expected to continue over the forecast period, thus complementing refrigerant market growth.
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Companies have to abide by strict rules and regulations as prescribed by the regulatory agencies. Some of the major industry participants include Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., The Chemours Company, The Linde Group, Daikin Industries Limited, Mexichem, Sinochem Group, SRF Limited, Air Liquide (Airgas Refrigerants Inc.), Gujarat Fluorochemicals Ltd., Puyang Zhongwei Fine Chemical, Harp International among others.
Polaris Market Research has segmented the refrigerants market on the basis of product, application and region:
Refrigerants Product Outlook (Revenue, USD Million, 2015 – 2026)
Single Split
Multi Split
Portable
Mobile Air Conditioners
Centrifugal Chillers
Displacement Chillers
Refrigerants Application Outlook (Revenue, USD Million, 2015 – 2026)
EOR Operations
Industrial
Agriculture
Others
Refrigerants Regional Outlook (Revenue, USD Million, 2015 – 2026)
U.S.
Canada
UK
France
Germany
Netherlands
Poland
China
India
Japan
Australia
Brazil
Mexico
Saudi Arabia
UAE
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India Chiller Market to Grow at a Steady Rate through 2025
Growing use of chillers in solar cooling applications to drive the growth of India chiller market
According to TechSci Research report, “India Chiller Market By Product Type (Scroll & Reciprocating, Screw, Centrifugal, Absorption), By Heat Load (<20kW, 20-50kW, 50-100kW, 100-1000kW, Above 1000kW), By End Use (Industrial (Metal & Mining, Pharmaceuticals, chemical & Petrochemical, Water Treatment, Construction, Oil & Gas, Others) Commercial (Healthcare, Telecom, Education, Government, BFSI, Retail, Others)), By Region, Competition, Forecast & Opportunities, 2025” the India chiller market is expected to grow at a steady CAGR during the forecast period owing to the growth in industrial sector and rapid urbanization. Growing concerns pertaining to environment and growing concern over energy efficiency are the key factors driving the India chiller market. Additionally, increasing demand from various end user industries such as food & beverage, chemical, plastic, among others is further expected to fuel the market during the forecast years. Chillers play a pivotal role in the plastic industry as they help in reducing the heat produced during the manufacturing process. Furthermore, supportive government initiatives and policies are further expected to bolster the market growth. For instance, in 2018, the Indian government stated in the draft of National Policy on Electronics (NPE), which proposed the development of electronic manufacturing industry in the country worth USD400 billion. However, high initial investment can hamper the growth of market during forecast period. Additionally, adoption of alternative methods of cooling such as variable refrigerant flow (VRF) can restrict the growth of market during forecast period. Also, certain chemicals used in chillers for cooling purposes are not environmentally safe thereby negatively impacting the growth of market.
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The India chiller market is segmented based on product type, heat load, end use, region and company. Based on product type, the market can be fragmented into scroll & reciprocating, screw, centrifugal and absorption. The absorption chiller segment is expected to witness significant growth during the forecast period. For cooling process, these chillers follow the phenomenon of condensation and evaporation which consumes lesser electricity. The energy comes from the heat generated from solar panels or the steam produced. Additionally, these chillers have low operational and maintenance cost. They also do not produce any kind of vibrations while operating. Furthermore, these are eco-friendly since they do not produce any type of toxic gases or pollutants and are energy efficient. The centrifugal chillers segment is also expected to grow during the forecast years on account of their extensive use in large scale cooling applications such as airports, buildings, universities, among others. Based on end use, the market can be bifurcated into industrial (metal & mining, pharmaceuticals, chemical & petrochemical, water treatment, construction, plastic, oil & gas, others) and commercial (healthcare, telecom, education, government, BFSI, retail, others). The plastic industry is expected to dominate the market during forecast period owing to the extensive use of chillers in plastic industry for cooling purposes especially during the manufacturing process.
Johnson Controls India Ltd., Voltas Limited, Daikin Airconditioning India Pvt. Ltd., Thermax Limited, Blue Star Limited, Carrier Midea India, Mitsubishi Electric Corporation, United Technologies Corporation, Thermal Care Inc., Multistack LLC and others and others are some of the leading players operating in India chiller market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“India chiller market is to witness sluggish growth until 2025 owing to the steady increasing investments across various industries such as chemical & petrochemical, plastic and food & beverage. Additionally, increasing industrialization and presence of key players in the country further propel the market during the forecast period. Furthermore, increasing infrastructural activities in the country such as metro rail projects, airports, among others is expected to positively impact the growth of market through 2025” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Chiller Market By Product Type (Scroll & Reciprocating, Screw, Centrifugal, Absorption), By Heat Load (<20kW, 20-50kW, 50-100kW, 100-1000kW, Above 1000kW), By End Use (Industrial (Metal & Mining, Pharmaceuticals, chemical & Petrochemical, Water Treatment, Construction, Oil & Gas, Others) Commercial (Healthcare, Telecom, Education, Government, BFSI, Retail, Others)), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India chiller market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India chiller market.
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Centrifugal Chiller System Market to Witness Increased Incremental Dollar Opportunity During the Forecast Period 2019 – 2029
Centrifugal Chiller System: Introduction
A centrifugal chiller system plays a vital role in commercial and industrial cooling and refrigeration systems. Centrifugal chiller system helps in maintaining a persistent temperature to support industrial institutions and also supplies chilled water for various end use industries such as food processing, automotive, commercial buildings, etc. Centrifugal chiller system is used to cool large commercial buildings. A centrifugal chiller system uses vapor compression cycle to cool water and it rejects the heat which is collected from the cold water and from the cooling tower. Most of the centrifugal chiller systems use either hermetic induction motors or open-drive to drive the compressors. A centrifugal chiller system comprises of various components such as evaporator, compressor, condenser and expansion device, among others. Nowadays, centrifugal chiller system comes with employ PID (proportional-integral-derivative) and DDC based loops for stable control. Some of the manufactures in market are using dual compressor, by applying two compressors on a common refrigeration cycle, to significantly improve the part load efficiency of a centrifugal chiller system.
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Centrifugal Chiller System Market: Dynamics
The need for cold water in cooling equipment and process machinery in these industries is estimated to drive demand for the centrifugal chiller system globally. Growing number of power plants, one of the prime consumers of centrifugal chiller systems, in various regions is estimated to drive demand in the coming years. Growing medical and school facilities in metropolitan cities is also expected to drive the demand for centrifugal chiller systems. Key manufactures in the centrifugal chiller system market are focusing on product innovation according to growing customer demand. For instance, manufactures are developing oil-free centrifugal chiller systems as customers are preferring products with better efficiency and low operating costs. In compressor type, the dual compressor centrifugal chiller system is widely used in various end use industries such as, food processing and commercial buildings, as they are more efficient and has less operating costs as compared to single compressor centrifugal chiller system. In developing countries, governments are significantly investing on the development of infrastructure in industrial sector, which is expected to drive the demand for centrifugal chiller system market. Presence of other substitute products like absorption chiller, air-cooled screw chiller and modular chiller, is expected to hamper the demand for centrifugal chiller system.
Centrifugal Chiller System Market: Segmentation
The centrifugal chiller system market can be segmented on the basis of compressor type, product type, technology and end-use industry
On the basis of compressor type, the centrifugal chiller system can be segmented as:
Single Compressor
Dual Compressor
On the basis of product type, the centrifugal chiller system can be segmented as:
Magnetic Bearing Centrifugal Chiller
Conventional Centrifugal Chiller
Oil-Free Centrifugal Chiller
On the basis of technology, the centrifugal chiller system can be segmented as
Single Stage Centrifugal Chiller System
Double Stage Centrifugal Chiller System
On the basis of end-use industry, the centrifugal chiller system can be segmented as
Chemicals & Gases
Food & Beverages
Pharmaceuticals
Automotive
Power Generation
HVAC
Centrifugal Chiller System Market: Regional Outlook
Europe is projected to have protuberant market share given the high number of food & beverage and medical industries in the region. Asia Pacific is estimated to hold a prominent share in the centrifugal chiller system market due to substantial growth in the automotive industry in countries like India, Japan and China. Growing number of power plants across China, India and South Korea is likely to drive the demand for the centrifugal chiller market. North America is expected to register considerable growth in centrifugal chiller system market because of the well-established commercial, power generation and food processing industries in the region. Middle East & Africa centrifugal chiller system market is expected to witness a slow growth as compared to other regions.
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Centrifugal Chiller System Market: Key Participants
List of some of the prominent market participants in centrifugal chiller system market are:
Key Players
MITSUBISHI HEAVY INDUSTRIES, LTD
Johnson Controls
Daikin Applied
ADVANCE INDUSTRIAL REFRIGERATION
LG Electronics
Trane
Blue Star Limited
Carrier Corporation
Dunham-Bush Americas
Zhejiang DUNAN Artificial Environment co., LTD
Midea
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Ford Motor Company Awarded for Outstanding Energy Efficiency Commitments
Ford Motor Company has earned an Energy Efficiency Leader Award for setting the gold standard in sustainability and energy conservation through energy saving equipment upgrades.
Ford engaged Trane on a large chiller plant project to keep its data centers at precise temperatures and high performance, and less energy use in line with its sustainability commitment. Ford selected and installed the first centrifugal chillers in North America using next generation, low global warming potential (GWP) refrigerant, Chemours XP30 (R-514A). These high-efficiency chillers exceed ASHRAE 90.1 efficiency standards with low flow condenser water design and multi-stage compression, and increase plant efficiency over a typical chiller plant design.
Through this project, Ford reduced greenhouse gas emissions by more than 330 metric tons – the equivalent of powering 45 homes for an entire year or planting 388 acres of trees.
“We are honored to be recognized for our sustainability leadership, which is core to our mission and vision at Ford Motor Company,” said Dwayne Atkins, engineering manager for Ford. “We rely on innovative partners like Trane to help us both maintain our high performance and protect the planet by reducing emissions in our operations.”
“We’re proud to highlight companies like Ford that share our vision for a more sustainable future,” said Donny Simmons, president, Trane Commercial HVAC North America, Europe, Middle East and Africa. “Ford is leading by example with energy efficiency best practices that prove that there is no tradeoff and you can achieve high performance cooling while making impactful contributions towards environmental sustainability.”
Ford and Trane commitments to sustainability extend beyond energy efficient practices; the companies share similar sustainability goals, focused on enhancing quality of life and climate action:
Ford promotes the United Nations 2030 Agenda for Sustainable Development by communicating how its vehicles and operations contribute towards related UN Sustainable Development Goals including sustainable cities and communities, clean water and sanitation and gender equality.
Trane is meeting the challenge of climate change through bold 2030 Sustainability Commitments. Its Gigaton Challenge is designed to reduce customer carbon footprint from buildings, homes and transportation by one gigaton1 CO2e, while leading by example in its own operations – achieving carbon neutral and net positive water operations.
View the Ford Motor Company Data Center Chiller Plant video case study.
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About Ford Motor Company
Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 194,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visit www.corporate.ford.com.
About Trane
Trane is a brand of Ingersoll Rand (NYSE:IR), which advances the quality of life by creating comfortable, sustainable and efficient environments. Trane solutions provide comfortable indoor environments through a broad portfolio of reliable, energy efficient heating, ventilating and air conditioning systems, parts and supply. For more information, visit www.trane.com.
source: https://www.csrwire.com/press_releases/42917-Ford-Motor-Company-Awarded-for-Outstanding-Energy-Efficiency-Commitments?tracking_source=rss
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ARANER, a top District Cooling Company in Dubai and the Middle East
ARANER is a worldwide engineering firm developing groundbreaking, custom solutions in commercial heating, cooling, and industrial refrigeration. We pride ourselves on our work in District Cooling due to its ability to solve the real issues of the future, including rising populations and temperatures. There is a great need for efficient, economic, and sustainable cooling technologies to solve these global issues.
District Cooling (DC) is a forward-thinking solution for cities and commercial developments, where individual buildings no longer have their own cooling equipment, instead using a collective cooling system for the entire district. ARANER has more than 25 years of experience as a top District Cooling company in Dubai, the Middle East, and nearly every area of the globe.
Continue reading to learn more about ARANER’s District Cooling team, expertise, and projects.
The ARANER Team
ARANER has established multiple corporate offices around the world. We know that efficient cooling is a global need and we want to be your provider, no matter where you’re located. The ARANER team has considerable experience employing state-of-the-art cooling solutions across a multitude of projects and locations.
For each one of our specialization areas, we have an entire team of experts at your disposal. Isabel Rodriguez is our top District Cooling Specialist and she is always available to help you with a question or upcoming project. Our Commercial Manager, Guillermo Martinez, is based out of Dubai and is always happy to speak or meet with your company. We pride ourselves on taking the time and effort to understand the unique needs of each client.
Our Expertise in District Cooling
Our goal as a District Cooling company in Dubai and worldwide is to always be ahead of industry in terms of dependability, quality, and efficiency. We always strive to offer an innovative project management approach, coupled with in-depth experience, an expert team, and the most sophisticated tools, machinery, and equipment. To discover our District Cooling specializations, see below.
An end-to-end provider: Responsibility and support from project start to finish; starting at concept design and analysis to project implementation and after-sales support.
Tailor-made design: District Cooling plant design using tailor-made cooling systems, which are superior to modular, stand-alone installations.
Experts in DC technologies: Complex simulations of cooling demand, climatology, and more, as well as financial and risk modelling.
Transparent process: Adherence to global and local regulations, taking into account environmental regulations and LEED certifications, and using renewable energies wherever possible.
Global partner: Excellent logistics capabilities with production centers in the Middle East and Europe, as well as partnerships with respected brands.
Discover why ARANER is the best partner for the DC process in our District Cooling Project Book!
ARANER’s District Cooling Technologies
We specialize in District Cooling as well as technologies such as Turbine Inlet Air Cooling (TIAC) and Thermal Energy Storage (TES). The tailor-made equipment that goes into an ARANER District Cooling plant includes:
Heat Rejection Technologies: Water-cooled condenser, air-cooled condenser, river or seawater-cooled condenser. If water scarcity is an issue, we specialize in DC systems with ZERO water use.
Industrial Pumping Systems: Distribution pumps, production pumps, and TES pumps.
High-Efficiency Industrial Chillers: Vapor compression chillers, centrifugal chillers, screw chiller, absorption chillers, chillers with Remote Integrated Condensation, etc.
Refrigerants: Ammonia, R513a, and more, always in line with environmental regulations. Our District Cooling systems are proven to reduce carbon emissions and other harmful chemicals.
Thermal Energy Storage: DC plants combined with TES Tanks, where chilled water is stored in large tanks for use during peak hours. This results in cost and energy savings.
More: Integrated Control Systems, study of cooling loads, computational fluid dynamics, chilled water network, Low Delta T, etc.
For an in-depth and technical explanation of these technologies, consult our District Cooling Reference Book.
Notable District Cooling Projects in the Middle East
Zero Water Use Solution in Amman, Jordan
Figure 1: Abdali Area, Amman, Jordan
ARANER designed an innovative and sustainable District Cooling plant in the Abdali District of Amman, Jordan. This real estate development is a luxury business and tourism hub, which meant that not only did the DC plant have to work without fail, but the District Cooling design had to integrate into the urban environment aesthetically. Our District Cooling solution offered:
ZERO water use (due to the water scarcity in the area)
The implementation of more efficient chillers
Off-peak hour energy production to save money and energy
Seawater Cooling System in Aqaba, Jordan
Another important District Cooling project that ARANER has worked on is the Ayla Oasis Resort, a luxury resort around a human-made lagoon in the seaside town of Aqaba, Jordan. The goal was to install an environmentally friendly and efficient direct cooling system; this system would generate chilled water for cooling purposes with ZERO freshwater consumption and a fully automated sea water filtration system. ARANER developed a seawater cooled chiller with direct condensation to reduce both the capital costs of the original solution and future electric charges.
DC for Data Centers in Doha, Qatar
District Cooling can also incorporate Thermal Energy Storage. During the construction of the additional offices of the Al Ashghal Data Center, the Public Works Authority of Qatar found themselves in need of data centers with a powerful cooling plant. Since an emergency cooling source would be needed to maintain those low temperatures in the event of a power outage, Thermal Energy Storage was selected to achieve reliable backup cooling. ARANER’s unique design also maximized energy use and provided for higher TES Tank efficiency.
Conclusion
If you are in the market for customized solutions to implement into your project and want the reassurance of guaranteed success, contact ARANER today. We provide you with tailor-made, advanced solutions developed specifically for your project. Moreover, we pride ourselves on our project and quality management methodologies, combined with in-depth experience, planning and design, allowing us to always cater to your needs and maintain a perfect District Cooling project schedule.
Get in touch with ARANER, a top district cooling company in Dubai, to find out everything you need to know about seawater and river District Cooling systems!
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