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Asia-Pacific Industrial Refrigeration Market Expected to Witness the Fastest Growth During 2016 - 2022: P&S Market ResearchNEW YORK, July 6, 2016 /PRNewswire/ -- According to market research "Global Industrial Refrigeration Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Type (Evaporator Unit, Industrial Racks, Compressors, Heat Exchangers, Other Industrial Refrigeration Units)" by P&S Market Research, the global industrial refrigeration market is expected to grow at a CAGR of 7.2% during 2016-2022. Among the various product types, the evaporation units segment held the largest share in the global industrial refrigeration market in 2015. (Logo: http://photos.prnewswire.com/prnh/20150727/756778 ) Explore Report Description with Detailed TOC on "Global Industrial Refrigeration Equipment" at: https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market The concern over ozone layer depletion has been taken up very seriously by the governments worldwide. Globally, the government has adopted stringent regulations towards the use of fluorochemicals, as a refrigerant. The technology has changed in recent years from 'F' gas to natural refrigerant. The developed countries of Europe and North America are using ammonia, as an industrial refrigerant from a long time. However, the small and medium sized refrigerated warehouses and food processing industries in the developing countries of Asia-Pacific have started following F-gas regulations recently, due to increasing international pressure for the adoption of Montreal Protocol. Request for Sample Pages: https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market/report-sample In 2014, the government of China announced the closure of five 'F' gases production plants, in order to phase-out of 58,864 tons of HCFC production by 2020. The Phase-out of 'F' gases, as a refrigerant for industrial refrigeration in developing countries, is expected to drive the replacement of existing industrial refrigeration setup, with ammonia-based refrigeration system. This in turn is expected to drive the growth of the global Industrial refrigeration market.
Food and beverages processing is one of the largest industry in the world. The annual production of food and beverages accounted for about $7 trillion, as of January 2015. The processed and ready to eat food and beverages are consumed in all countries. On an average, the developed countries including the U.S. processes 90% of their foods produce. The food processing rate in developing countries is however quite low. China processes 40% of its food produce. Other developing countries, such as Thailand, Philippines, and Brazil are processing, as high as 30%, 78%, and 70% of their food produce respectively. The major companies operating in the global industrial refrigeration market include Industrial Frigo S.R.L., GEA Group Aktiengesellschaft, Emerson Electric Company, BITZER Kuhlmaschinenbau GmbH, Danfoss A/S, United Technologies Corporation, Star Refrigeration Ltd., Hussman Corporation, Dover Corporation and Johnson Controls Inc. Global Industrial Refrigeration Market Segmentation By Type > Evaporator Unit > Industrial Racks - Open Reciprocating - Open Screw > Compressors - Open Reciprocating - Screw Open - Others
- Blazed Plate - Shell & Tube/Coaxial - Others
GEOGRAPHICAL SEGMENTATION By Region > North America - U.S. - Canada - Rest of North America
- Germany - U.K. - France - Italy - Russia - Spain - Rest of Europe
- China - Japan - India - Thailand - Australia - Indonesia - Rest of Asia-Pacific
- Brazil - Mexico - Turkey - Iran - Saudi Arabia - Oman - U.A.E - Rest of RoW More Reports by P&S Market Research Commercial Refrigeration Equipment Market - https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market Magnetic Refrigeration Market - https://www.psmarketresearch.com/market-analysis/magnetic-refrigeration-market Domestic Refrigeration Appliances Market - https://www.psmarketresearch.com/market-analysis/domestic-refrigeration-appliances-market About P&S Market Research P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals. As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions. Contact: Web: https://www.psmarketresearch.com 
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