Global Transcritical CO2 Systems Market is expected to reach $135.17 billion by 2027 growing at a CAGR of 19.5% during 2018 to 2027.

Some of the key players in global Transcritical CO2 Systems market are Danfoss, Carrier Commercial Refrigeration, Panasonic Corporation, Hillphoenix, Inc., Advansor, Carnot Refrigeration, Emerson Climate Technologies, Bitzer, Baltimore Aircoil Company, Inc., SCM Frigo S.P.A., Systemes LMP, Inc., and Hussmann Corporation.

Gaithersburg, Maryland, United States – December 2, 2019 /MarketersMedia/ —

Some of the key factors influencing the market growth include increasing demand for refrigeration and air-conditioning applications, the low environmental impact of transcritical CO2 systems and the Implementation of stringent environmental regulations toward the usage of greenhouse gases & chlorofluorocarbons. However, low demand for transcritical CO2 systems and flammability and toxicity issues are hindering the market growth.

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Transcritical CO2 systems are environmentally friendly and dependable that denied as a system that operates above the critical point. The transcritical CO2 systems are the most promising solutions using natural refrigerants in retail contexts. In this system, the heat recovery function exploits the heat normally dissolute by the gas cooler for domestic hot water production or space heating. These systems are suitable for medium to large supermarkets, cold storage facilities, and light industrial processes.

Amongst function, Refrigeration is mostly used in supermarkets and convenience stores. Transcritical CO2 refrigeration has a high safety rating and is non-toxic and non-flammable. Additionally, these systems are used in refrigeration processes due to their high volumetric cooling capacity.

By Geography, Europe is expected to witness significant growth on account of the recent F-Gas regulations/HFC phase-out plan which dictates the reduction of the use of HFC refrigerants. The region also houses the highest number of end-user entities, such as Tesco (UK) and Metro AG (Germany) that have already switched to refrigeration systems based on transcritical CO2 systems.

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By Geography, APAC is a key Gelcoat market. The booming transportation and construction industries are responsible for the growth of the gelcoat market in the region. China is one of the prominent consumers of gelcoat in the region. The country has become the single-largest consumer of gelcoat in the wind energy industry and is expected to strengthen its position further.

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Functions Covered:
• Heating
• Air Conditioning
• Refrigeration

Applications Covered:
• ICE Skating Rinks
• Heat Pumps
• Retail
• Food Processing & Storage Facilities
• Other Applications

End Users Covered:
• Marine
• Transportation
• Household
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Source URL: https://marketersmedia.com/global-transcritical-co2-systems-market-is-expected-to-reach-13517-billion-by-2027-growing-at-a-cagr-of-195-during-2018-to-2027/88936811

Source: MarketersMedia

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