Return to: Industrial NewsWestron to Supply Low GWP Refrigerant: HVAC Companies Expected to Experience 10% Annual Growth By 2030Dubai, UAE, September 9, 2021—Westron is aiming to develop a non-ozone depleting refrigerant with a GWP one-third that of the existing R-410A refrigerant. Some refrigerant gasses offer a number of benefits that can assist in reducing the environmental effect of air conditioning, heat pumps, chillers, and other equipment. It will be easy to use and gives outstanding system performance. It will be simple to recover, recycle, and reclaim as a single-component refrigerant, reducing the need for additional refrigerant manufacturing. As a result, Westron, a leading wholesale refrigerant supplier, feels that the refrigerant gas will be an appropriate refrigerant for reducing environmental effects in various areas. With worldwide market predictions extending through 2030, a new research examines the global HVAC market and plans to phase out high global warming potential (GWP) refrigerants. The HVAC business has been evolving in the direction of sustainability. Recent worldwide efforts and government legislation aimed at phasing out existing high-GWP refrigerants have sparked interest in low-GWP alternatives. According to a new analysis, the worldwide HVAC market using low GWP refrigerants is expected to reach $34.1 billion in 2021, growing at a CAGR of 16.2 percent from 2021 to 2030. Countries are beginning to enact laws and regulations to phase out high GWP refrigerants in HVAC. Regulation and policy, on the other hand, are likely to convert the HVAC market from high-GWP refrigerant uses to low-GWP refrigerant applications, resulting in significant new market opportunities. Low Global Warming Potential Refrigerants in HVAC examines the global HVAC market, including international treaties and national legislation for phase-out of high GWP refrigerants, current technical trends, including new refrigerant development, and industry trends. Forecasts for the global market, broken down by category and region, run through 2030. The research also looks at the key technologies for using low-GWP refrigerants in HVAC syst ... News Release: Westron to Supply Low GWP Refrigerant: HVAC Companies Expected to Experience 10% Annual Growth By 2030 Submitted on: September 15, 2021 08:04:06 AM Submitted by: John Smith On behalf of: www.westron.ae/ |