Freedonia In The News
Article Title: Increasing demand for HFCs to 2016
Publication: ACR News, 7/5/2012
Freedonia Study: World Fluorochemicals (2869)
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USA: Increasing worldwide demand for HFC refrigerants is expected to be a significant factor in a predicted 3.9% year-on-year increase in the fluorochemical market to 2016.
The forecast, in the latest report from Freedonia, sees increasing production of refrigeration and cooling equipment worldwide being a key factor in pushing the global market for fluorine-containing chemicals to 3.5m tonnes by 2016.
However, the report recognises that restrictions on the supply of raw materials and a move towards lower GWP alternatives in Western Europe are challenges to this growth.
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