South Africa Low GWP Refrigerants Market (2024-2030) | Outlook, Companies, Analysis, Revenue, Forecast, Industry, Share, Growth, Size, Value & Trends

Market Forecast By Type (Inorganics, Hydrocarbons, Fluorocarbons), By Application (Commercial Refrigeration, Industrial Refrigeration, Domestic Refrigeration, Stationary Air-conditioning, Mobile Air-conditioning, Others) And Competitive Landscape

Product Code: ETC4477789 Publication Date: Jul 2023 Updated Date: Jun 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 300

South Africa Low GWP Refrigerants Market Overview

The low GWP refrigerants market in South Africa offers environmentally friendly alternatives to traditional refrigerants, complying with global regulations on ozone depletion and climate change. HVAC systems and refrigeration applications drive market transition.

Drivers of the market

The South Africa low global warming potential (GWP) refrigerants market is witnessing growth with adoption in air conditioning, refrigeration, and heat pump systems. Low GWP refrigerants, such as hydrofluoroolefins (HFOs) and natural refrigerants, comply with environmental regulations and contribute to climate change mitigation. Market expansion is driven by phase-out of high GWP refrigerants, energy efficiency mandates, and sustainable cooling solutions.

Challenges of the market

Challenges involve regulatory compliance with phase-out schedules for high-GWP refrigerants, technological barriers in developing low-GWP alternatives, cost-effectiveness of retrofitting existing cooling systems, and market education on environmental benefits.

Government Policy of the market

The South African government plays a crucial role in regulating the low GWP refrigerants market to mitigate climate change impacts, ensure refrigeration system efficiency, and promote sustainable cooling solutions. Policies focus on phasing out high GWP refrigerants, promoting energy-efficient cooling technologies, and supporting the adoption of alternative refrigerants with lower global warming potentials. Efforts also include implementing refrigerant management plans, educating stakeholders on environmental regulations, and fostering industry partnerships to accelerate the transition towards low GWP refrigerants in compliance with international agreements.

South Africa Low GWP Refrigerants Market (2024-2030): FAQs
The South Africa Low GWP Refrigerants Market size is expected to grow at a significant CAGR of 10.6% during the forecast period 2024-2030.
Honeywell International Inc., DuPont de Nemours, Inc., and Chemours Company are some of the leading players in the South African low GWP refrigerants market.
The increasing regulatory pressures to mitigate climate change, the rising awareness of environmental sustainability, and the growing adoption of energy-efficient refrigeration solutions.
Key challenges include the high initial costs associated with transitioning to low GWP refrigerants, the need for extensive training and education on new technologies, and the potential scarcity of certain low GWP refrigerants.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 South Africa Low GWP Refrigerants Market Overview
3.1 South Africa Country Macro Economic Indicators
3.2 South Africa Low GWP Refrigerants Market Revenues & Volume, 2020 & 2030F
3.3 South Africa Low GWP Refrigerants Market - Industry Life Cycle
3.4 South Africa Low GWP Refrigerants Market - Porter's Five Forces
3.5 South Africa Low GWP Refrigerants Market Revenues & Volume Share, By Type, 2020 & 2030F
3.6 South Africa Low GWP Refrigerants Market Revenues & Volume Share, By Application, 2020 & 2030F
4 South Africa Low GWP Refrigerants Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 South Africa Low GWP Refrigerants Market Trends
6 South Africa Low GWP Refrigerants Market, By Types
6.1 South Africa Low GWP Refrigerants Market, By Type
6.1.1 Overview and Analysis
6.1.2 South Africa Low GWP Refrigerants Market Revenues & Volume, By Type, 2020 - 2030F
6.1.3 South Africa Low GWP Refrigerants Market Revenues & Volume, By Inorganics, 2020 - 2030F
6.1.4 South Africa Low GWP Refrigerants Market Revenues & Volume, By Hydrocarbons, 2020 - 2030F
6.1.5 South Africa Low GWP Refrigerants Market Revenues & Volume, By Fluorocarbons, 2020 - 2030F
6.2 South Africa Low GWP Refrigerants Market, By Application
6.2.1 Overview and Analysis
6.2.2 South Africa Low GWP Refrigerants Market Revenues & Volume, By Commercial Refrigeration, 2020 - 2030F
6.2.3 South Africa Low GWP Refrigerants Market Revenues & Volume, By Industrial Refrigeration, 2020 - 2030F
6.2.4 South Africa Low GWP Refrigerants Market Revenues & Volume, By Domestic Refrigeration, 2020 - 2030F
6.2.5 South Africa Low GWP Refrigerants Market Revenues & Volume, By Stationary Air-conditioning, 2020 - 2030F
6.2.6 South Africa Low GWP Refrigerants Market Revenues & Volume, By Mobile Air-conditioning, 2020 - 2030F
6.2.7 South Africa Low GWP Refrigerants Market Revenues & Volume, By Others, 2020 - 2030F
7 South Africa Low GWP Refrigerants Market Import-Export Trade Statistics
7.1 South Africa Low GWP Refrigerants Market Export to Major Countries
7.2 South Africa Low GWP Refrigerants Market Imports from Major Countries
8 South Africa Low GWP Refrigerants Market Key Performance Indicators
9 South Africa Low GWP Refrigerants Market - Opportunity Assessment
9.1 South Africa Low GWP Refrigerants Market Opportunity Assessment, By Type, 2020 & 2030F
9.2 South Africa Low GWP Refrigerants Market Opportunity Assessment, By Application, 2020 & 2030F
10 South Africa Low GWP Refrigerants Market - Competitive Landscape
10.1 South Africa Low GWP Refrigerants Market Revenue Share, By Companies, 2023
10.2 South Africa Low GWP Refrigerants Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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