Qatar Refrigerant Market 2023-2030

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    QATAR REFRIGERANT MARKET

     

    INTRODUCTION

    Qatar is the latest Middle Eastern country to adopt a new national refrigerant policy. In response to the dramatic global increase in demand for coolants, Qatar’s Ministry of Environment announced a vision to become the first nation in the region to transition from high-global-warming-potential refrigerants to natural refrigerants.

     

    Qatar is proposing high-efficiency, low-pollutant chillers and refrigerant systems to be implemented in commercial, industrial, and residential buildings across the country. This shift to natural refrigerants aims to reduce the direct and indirect environmental and health impacts of climate change.

     

    Additionally, this policy will help reduce the risks associated with a decrease in supply of flammable refrigerants, which can be hazardous to personal health and safety.

     

    Qatar’s new refrigerant policy is targeting several key areas. These include improving energy efficiency, transitioning towards the use of natural refrigerants that have zero ozone depletion potential (ODP) and low global warming potential (GWP), transitioning towards better controlled systems with universal safety standards, and ensuring that the applicable legislation is abided by.

     

    The government of Qatar has already started to make strides towards this goal, introducing new regulation requiring the retail trade of refrigerant gases such as HFCs (hydrofluorocarbons) and HCFCs (hydrochlorofluorocarbons) to be restricted and phased out over the next few years.

     

    QATAR REFRIGERANT MARKET SIZE AND FORECAST

     

    Qatar Refrigerant Market , Qatar Refrigerant Market Size, Qatar Refrigerant Market Trend, Qatar Refrigerant Market ForeCast, Qatar Refrigerant Market Risks, Qatar Refrigerant Market Report, Qatar Refrigerant Market Share

     

    The Qatar refrigerant market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    RECENT DEVELOPMENT AND INNOVATION

     

    S No Company Name Development
    1 Carrier The new systems from Carrier use Puron®, an environmentally balanced, non-flammable, non-corrosive refrigerant that does not deplete the ozone layer. 

    Carrier, which uses United Technologies to conduct business in the State of QatarA new iteration of Carrier’s variable refrigerant flow (VRF) systems, called XPower, is easy to install, operate, and maintain and offers high energy efficiency ratings tailored for the light commercial and residential market. 

     

    S NO Overview of Development Development Detailing
    2 For the North Field South (NFS) project, Baker Hughes has obtained an order to be booked with partner QatarEnergy for the supply of two main refrigerant compressors (MRCs). Together with two LNG “mega trains” totaling 16 mtpa more capacity, the MRCs are expected to increase Qatar’s capacity to produce LNG to 126 mtpa. 

    Three Frame 9E DLN ultra-low NOx gas turbines and six centrifugal compressors will make up each MRC train.

     This will allow for the supply of six gas turbines—which will power 12 centrifugal compressors—across two LNG “mega trains.”

     

    MARKET DYNAMICS

     

    The demand for effective and sustainable cooling solutions in sectors like food and beverage, pharmaceuticals, and chemicals is driving the growth of the refrigeration market in Qatar. Temperature-sensitive goods must be transported and preserved with the help of industrial refrigeration systems. 

     

    The focus Qatar places on pharmaceutical manufacturing and food security is what is driving investments in cutting edge refrigeration technologies. The industrial refrigeration market is changing to satisfy the exacting specifications of contemporary manufacturing and storage facilities as Qatar works towards sustainable industrial practices.

     

    The need for industrial refrigeration solutions to store and preserve perishable goods has increased as a result of Qatar’s efforts to become self-sufficient in food production and distribution.

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many refrigerants are manufactured per annum Qatar? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Qatar refrigerant and key vendor selection criteria
    3. Where is the refrigerant manufactured? What is the average margin per unit?
    4. Market share of Qatar refrigerant market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Qatar refrigerant in-house
    6. key predictions for next 5 years in Qatar 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 2023-2030 and every year in between?
    10. Production breakup of refrigerant market, by suppliers and their OEM relationship

     

    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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