Hurdles for Alternative Refrigerant Usage is Hindering Refrigerant Market Growth in Developing Countries.

2024-03-04 03:38:11 Business

340

Hydrochloroflurocarbons (HCFCs) are the widely used refrigerants throughout the refrigeration and air conditioning (RAC) industry till 2007. Later, HCFC refrigerants were replaced with hydroflurocarbons (HFCs) due to their high global warming potential (GWP) value. However, HFCs also has a high GWP value and can increase the greenhouse gas emission if directly used as a substitute of HCFCs. This has raised the need for alternative refrigerants with lower value of GWP. There are many alternative refrigerants having a low GWP value, which include hydrocarbons (e.g. R290, R600a), ammonia (R717), carbon dioxide (R744) and new unsaturated HFCs (such as R1234yf). These refrigerants can be used across a wide range of applications in the RAC equipment, but still these alternative refrigerants are not being used aggressively in RAC equipment due to some external barriers, particularly in Article 5 countries, which are considered as developing countries according to the Montreal Protocol.

For More Info on Refrigerant Oil, Follow the Below Report Link:
http://industryarc.com/Report/235/global-refrigiration-oil-market-research-report.html

There are several types of barriers in applying alternative refrigerants in developing countries, which includes supply and availability, information resources, safety regulation standards, psychological and sociological aspects. These barriers differ according to country, type of refrigerant, design of system and others.

To Know More About the Market for Refrigerant Oil, Download Free Sample Brochure of the Premium Report:
http://industryarc.com/pdfdownload.aspx?id=235

Majority of these barriers can be overcome with the implementation of certain measures such as awareness-raising within the industry, training focused on alternate refrigerants, technical guidance and developments in the area of system efficiency and safety for flammable refrigerants. Developing countries should take the initiative to develop local market for alternative refrigerants, provide financial support to build technologies which favour alternative refrigerants, improvement on infrastructure of regulatory bodies and so on.

The changes in the choice of refrigerants will also reflect in the refrigeration oil market due to compatibility issues. If stated barriers are addressed properly with the help of above mentioned measures, the alternative refrigerants market in article 5 or developing countries can experience a high growth phase.

Full Premium Market Report on Refrigerant Oil Market Available. Contact Us to Evaluate a Purchase:
http://industryarc.com/inquiry-before-buying.aspx?id=235

About IndustryARC:
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Sanjay Matthews
Sales Manager
sales@industryarc.com
#: +1-614-588-8538 (Ext: 101)
www.industryarc.com
LinkedIn: https://www.linkedin.com/company/industryarc
Twitter: https://twitter.com/IndustryARC
For Insights on More Reports: http://goo.gl/mB0AfX