Next generation refrigerants refer to the development of the refrigerants industry towards becoming more environmentally friendly, such as the refrigerants Ammonia (R-717), 2,3,3,3-Tetrafluoropropene (R-1234yf), and 1,3,3,3-Tetrafluoropropene (R-1234ze), which have minimal to zero climate change and ozone depletion potential. Asia Pacific has the largest market value in the world for next generation refrigerants, sitting at over 9.5 billion U.S. dollars in 2018.
Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars)
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BIS Research. (June 22, 2020). Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/
BIS Research. "Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars)." Chart. June 22, 2020. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/
BIS Research. (2020). Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/
BIS Research. "Market Value of next Generation Refrigerants Worldwide in 2018 by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Jun 2020, https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/
BIS Research, Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/ (last visited May 13, 2024)
Market value of next generation refrigerants worldwide in 2018 by region (in billion U.S. dollars) [Graph], BIS Research, June 22, 2020. [Online]. Available: https://www.statista.com/statistics/1128618/global-market-value-of-next-generation-refrigerants-by-region/