MEXICO REFRIGERANT MARKET

INTRODUCTION

To safeguard the environment and uphold international agreements, the Mexican government regulates the use of refrigerants in Mexico. The laws in Mexico are in line with international initiatives to phase out ozone-depleting compounds and lessen refrigerants' contribution to climate change.

Due to their detrimental effects on the ozone layer, Mexico has been phasing out the usage of chlorofluorocarbons and hydrochlorofluorocarbons in a similar manner to many other nations. Alternatives that are friendlier to the environment are being used to replace these refrigerants, like R-12 and R-22.

In Mexico, hydrofluorocarbons are frequently employed as CFC and HCFC substitutes. The HFC refrigerants R-134a, R-404A, and R-410A are often utilized.The considerable global warming potential of HFCs, however, has given rise to growing worldwide initiatives to phase down their use.

Like many other nations, Mexico is encouraging the use of natural refrigerants because of their reduced impact on the environment. Ammonia (R-717), carbon dioxide (R-744), and hydrocarbons like propane (R-290) and isobutane (R-600a) are among the natural refrigerants that are becoming more and more popular in Mexico.

In comparison to synthetic refrigerants, these refrigerants have a decreased or zero ozone depletion potential and a much lower GWP.

It's critical for residents and companies in Mexico to stay up-to-date on the most recent rules and recommendations regulating the use of refrigerants and to maintain compliance with all applicable Mexican government regulations.

MEXICO REFRIGERANT MARKET SIZE AND FORECAST

The Mexico refrigerant market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

MEXICO REFRIGERANT MARKETNEW PRODUCT LAUNCH WITH COLLABORATION

Klea 407H has been launched by Mexichem in collaboration with Daikin. As a lower GWP option for R404A or R507 in medium and low temperature applications, Klea 407H is meant to take their place. It has a 1495 GWP.

Finding trustworthy, affordable replacements for refrigerants like R404A has become a top priority for the industry as the switch away from higher GWP refrigerants picks up speed and F-gas quota reductions that are scheduled to take effect approach.

According to Mexichem, efficiency testing has revealed that Klea 407H has a comparable COP to R404A and various substitutes, including HFO mixes. The product, according to the manufacturer, would function better thanks to a new combination of HFC technology already in use.

MEXICO REFRIGERANT MARKETCOMPANY PROFILE

• Mexichem
• Daikin
• Arkema Group
•  Linde plc
• Honeywell International Inc.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFMEXICO REFRIGERANT MARKET

1. How many refrigerant are manufactured per annum in Mexico? Who are the sub-component suppliers in this regions?
2. Cost breakup of a Mexico refrigerant and key vendor selection criteria
3. Where is the refrigerant manufactured? What is the average margin per unit?
4. Market share of Mexico refrigerant market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Mexico refrigerant in-house
6. key predictions for next 5 years in Mexico refrigerant market
7. Average B-2-B refrigerant market price in all segments
8. Latest trends in refrigerant market, by every market segment
9. The market size (both volume and value) of the refrigerant market in 2024-2030 and every year in between?
10. Production breakup of refrigerant market, by suppliers and their OEM relationship