MRO Magazine

Global Transcritical CO2 Systems Market – Expected to Reach $30.70 Billion, at a CAGR of 40.2% During 2015 to 2020 – Research and Markets


January 28, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3m4x6m/transcritical_co2) has announced the addition of the “Transcritical CO2 Market by Application, by Geography – Global Forecast to 2020” report to their offering.

The Global Transcritical CO2 systems market was valued at $4.90 billion in 2014, which is expected to reach $30.70 billion by 2020, at a CAGR of 40.2% during the forecast period from 2015 to 2020.

Transcritical CO2 is non-toxic and non-flammable. These performance characteristics, coupled with many other advantages, such as low GWP (1) and zero ODP, have provided transcritical CO2 with a wide acceptance as materials of choice across various end-use industries.

Europe is the global leader in the consumption of transcritical CO2, and this dominance is expected to continue till 2020. Denmark is the key market in this region, which is consuming nearly half of the demand for transcritical CO2, followed by the U.K., where the consumption rate is growing steadily.

The increase in the consumption of transcritical CO2 in supermarket refrigeration, heat pumps, food processing & storage facilities, ice skating rinks, hotels & buildings industries has been observed in Europe pertaining to the phase-out of the synthetic refrigerants, such as HCFC (hydrochloroflorocarbons) and HFC (hydroflorocarbons). The continuous growth and innovation, along with various industry consolidations, are projected to ascertain a bright future for this market.

Companies Profiled:

  • Advansor A/S
  • Baltimore Aircoil Company, Inc.
  • Bitzer K├╝hlmaschinenbau Gmbh
  • Carnot Refrigeration Inc.
  • Carrier Commercial Refrigeration
  • Danfoss Gmbh
  • Emerson Climate Technologies
  • Green & Cool World Refrigeration Ab
  • Henry Technologies, Inc.
  • Hill Phoenix Inc.
  • Mayekawa Mfg. Co., Ltd.
  • Scm Frigo Spa
  • Shecco Sprl
  • Systems Lmp, Inc.

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Overview

5 Industry Trends

6 Component Analysis

7 Transcritical Co2 Systems Market, by Application

8 Transcritical Co2 Systems Market, by Region

9 Competitive Landscape

10 Competitive Landscape

For more information visit http://www.researchandmarkets.com/research/3m4x6m/transcritical_co2

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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