Refrigerant Gas R22 Bottling Plant. Best Investment Opportunities in Industrial Gases.
R22 refrigerant is a chemical that keeps the air coming from your air conditioning system cool, so it's unquestionably incredibly important. Most air conditioning units older than 10 years utilize an AC refrigerant called R22 that's commonly identified as Freon*, and is noted by the EPA as HCFC-22.
The desired thermodynamic properties are a boiling point somewhat below the target temperature, a high heat of vaporization, a moderate density in liquid form, a relatively high density in gaseous form, and a high critical temperature. Since boiling point and gas density are affected by pressure, refrigerants may be made more suitable for a particular application by appropriate choice of operating pressures.
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Advantages of R22 Refrigerant
1) Has less effect on ozone layer: Refrigerant R22 is a hydroclhorofluorohydrocarbon (HCFC). It has one hydrogen atom in its compound and not all the hydrogen atoms from it are replaced by the halocarbons as it happens in chlorofluorohydrocarbons (CFCs). The halocarbons have high detrimental effect to the ozone layer of environment. Since R22 is HCFC it has lesser ozone destruction capability. The ozone destruction potential of R22 is only 5% of refrigerant R11, which has the highest ozone destruction potential.
2) Low compressor displacement: For producing the same compression the displacement required by the compressor with refrigerant R22 is small compared to refrigerant R12. In fact the displacement required for R22 is 60% of that required for R12. This means that for the given displacement of the compressor the system using refrigerant R22 produces 65% more refrigeration capacity than the system using the refrigerant R12. This translates into higher refrigeration efficiency and lower power consumption, which is very crucial in the large industrial applications though it is important for the domestic applications as well.
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3) Greater water absorbing capacity: Refrigerant R22 has greater water absorbing capacity than R12. This is very important in low temperature applications since the water in refrigerant R22 would have less troubling effects on the refrigeration system. Anyways, even minor amount of water in the refrigeration system is undesirable.
Market Outlook
R22 Refrigerant Market size is forecast to reach $4.87 billion by 2025, after growing at a CAGR of 5.48% during 2020-2025. The R22 refrigerant market is driven by refrigeration and air-conditioning application across a wide range of temperatures. R22 refrigerant market is a colorless gas and is known as Chlorodifluoromethane has been used as a substitute for chlorofluorocarbon (CFC) after phase out, which has propelled the demand for R22 refrigerant across various segments.
Asia Pacific and Latin America are two of the fastest-growing regions in terms of volume and are characterized by rapid urbanization as well as evolving cold chain sectors. The industry is, however, highly reliant on regulations and policies of various environmental protection agencies. The air conditioning industry accounts for the largest share by consumption, with mobile air conditioning, a sub-application, expected to witness substantial growth. Rising demand for air conditioning in automobiles as a comfort feature is a key factor driving this segment.
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The global refrigerants industry offers vivid opportunities to market players, owing to rapid growth in the global economy and disposable incomes. Increase in the use of refrigerants in automobiles & food products and improved living standards are key factors accelerating the growth of the global refrigerants market. In addition, mobile ACs and chillers are expected to witness rapid adoption in commercial refrigeration. However, the environmental issues associated with the use of toxic refrigerants, such as global warming and ozone layer depletion, have resulted in the formulation of stringent norms, regulations, and protocols especially on the use of CFCs and HCFCs in new refrigeration & air conditioning appliances.
KEY PLAYERS
G. F Auto Gas
Chemours
Refrigerant & Chemical
Jiangxi Bosheng New Refrigerant Co., Ltd.
Quzhou Jinyuan Hongtai Refrigerant Co., Ltd
ComStar
Anhui T.C Refrigerant High-tech Co., LTD
DuPont
Arkema
Hangzhou Elk Refrigerant High-Tech Co., Ltd
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