Ammonia Refrigerant Market - Forecast(2022 - 2027)
Ammonia Refrigerant Market size is forecast to reach $70.12 billion by 2025 after growing at a CAGR of 4.5% during 2020-2025. Ammonia refrigerant is commonly known as R717 and its chemical formula is NH3. It is also the only refrigerant outside the halocarbons group like CFCs, CFHCs. Ammonia has the highest refrigerating capacity per pound of any refrigerant including halocarbons and a number of other excellent thermal properties that make it popular for a number of refrigeration applications. The growth of the market is expected to be driven by the high demand ammonia refrigerant from the food and beverage sector. Report Coverage The report: “ Ammonia Refrigerant Market ” -Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of ammonia refrigerant Industry. By Purity: Purity 99% and Purity 99.8%. By Application: Cold Storage, Super Markets, Heavy Commercial Refrigeration, Transport Refrigeration, Household Refrigeration, and...