Automotive Refrigerants: Worldwide Market Opportunities to 2022 with Arkema, DuPont, Honeywell International, Mexichem, The Linde Group, and Sinochem Group Dominating – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Automotive Refrigerant Market 2018-2022”
report has been added
to ResearchAndMarkets.com’s offering.

One trend in the market is development of CO2 refrigerant for automotive
HVAC systems. Automotive HVAC systems have become standard fitments in
passenger cars, and commercial vehicles are also increasingly adopting
such systems to provide driver comfort during long-distance travel. The
global automotive refrigerant market has attracted the attention of
regulators as refrigerants bear the brunt in terms of ozone layer
depletion. The widely-used R-134a refrigerant has a GWP of 1,400,
prompting automotive OEMs and HVAC suppliers to shift toward low-GWP
refrigerants.

According to the report, one driver in the market is higher time-spend
inside vehicles pushing demand for cabin comfort features. Long distance
travel and rising traffic congestion are the crucial factors leading to
increased time-spend inside vehicles. Automotive HVAC systems are
standard fitments in passenger cars these days, while commercial
vehicles are also increasingly using them. These systems are being
adopted at a rapid pace in developing countries such as India, where
overall climatic conditions are hot.

Further, the report states that one challenge in the market is high cost
associated with redesigning automotive HVAC systems. HVAC systems are
developed to cater to the need for reduced humidity, better ventilation,
and controlled temperature. They are thus manufactured with increased
features and functionalities, endowing them with quicker heating and
cooling processes. Additionally, HVAC systems are designed to provide
pollution-free air flow at preferred temperatures with lower energy
consumption. The effective installation of these air conditioners also
involves several alterations in the entire wiring system of automobiles.

The market appears to be fragmented and with the presence of several
companies including The Linde Group and Sinochem Group, the competitive
environment is quite intense. Factors such as the growing popularity of
HVAC systems in commercial vehicles and development of CO2 refrigerant
for automotive HVAC systems, will provide considerable growth
opportunities to automotive refrigerant manufactures.

Key Vendors

  • Arkema
  • DuPont
  • Honeywell International
  • Mexichem
  • The Linde Group
  • Sinochem Group

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/g3m8p5/automotive?w=4

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Related
Topics: Refrigerants

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