Global markets: natural refrigerants, refrigerated road transport and refrigerated warehousing
According to Marketsandmarkets, the global natural refrigerants market is projected to reach USD 1,419 million by 2020 at a compound annual growth rate (CAGR) of 11.5% between 2015 and 2020. Europe is the largest market for natural refrigerants followed by Asia-Pacific. Ammonia accounted for 60% of the market share for natural refrigerants in 2014.
Technavio analysts forecast the global refrigerated road transportation market to grow to USD 19.6 billion by 2021 at a CAGR of more than 26% during the period 2017-2021, with almost 50% of the incremental growth originating from Asia-Pacific. For further information on this report, please click here.
According to Technavio, the global refrigerated warehousing market should grow at a CAGR of 14.3% during the period 2016-2020. For further information,please click here.