According to a market report by Lucintel, the future of the global R290 (propane) market looks promising with opportunities in the refrigerator, freezer, and air condition markets. The global R290 (propane) market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing adoption as a low-gwp refrigerant and growing demand in hvac and refrigeration applications.
A more than 150-page report to understand trends, opportunity and forecast in R290 (propane) market to 2030 by type (4n, 5n, and 5n above), application (refrigerators, freezers, air condition, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, 4n is expected to witness the highest growth over the forecast period.
Within the application category, refrigerator is expected to witness the highest growth.
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In terms of regions, North America is expected to witness the highest growth over the forecast period.
Linde, Iwatani, Evonik, Sigma-Aldrich, Tokyo Chemical Industry are the major suppliers in the R290 (propane) market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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