Hydrocarbon (HC)
Hydrocarbon is a basic organic chemical compound made up of only Carbon (C) and Hydrogen (H) atoms where carbon forms the backbone of the compound with hydrogen atoms linked to that backbone.
Some of fundamental hydrocarbons are :
- Ethane
- Propane
- Butane
- Pentane
- Hexane
Hydrocarbon as Refrigerant
Hydrocarbon Refrigerants are natural organic, non-toxic chemical compounds that are environment friendly and possess the properties like less ozone depletion and minimal global warming potential. They consist a number of products and its blends mentioned below:
- Propane
- Iso-butane
- Propene/Propylene
- Ethane and Ethene
Advantages of Hydrocarbon Refrigerants
- Minimum global warming potential
- Zero ozone depletion potential
- High energy efficiency owing to outstanding thermodynamic characteristics
- Easily compatible with most of the components
- Economical
Hydrocarbon Market Overview
The wide and trending applications of hydrocarbons as refrigerant has led to a term called "Hydrocarbon market" used instead for hydrocarbon refrigerants market. The hydrocarbon market is growing in double digits rate owing to its environmental sustainable characteristics over other refrigerants like hydro chlorofluorocarbons (HCFC) and hydro fluorocarbons (HFC).
Hydrocarbon Market is further divided based on its refrigeration application areas as follows :
- Domestic : Electronic equipments, Automobiles, Air conditioners
- Commercial : Chill cabinets and Vending machines, Cold storage and Food processing
- Industrial : Large air conditioning and Chiller systems , Heat pumps and Water heaters.
Hydrocarbon Market Trends and Forecast to 2018
The current trend in the market is to use environment sustainable refrigerants such as hydrocarbons which has given impetus to the hydrocarbon market in addition to the factors like :
- Increasing refrigerant applications
- Increasing automobile production
- Persistence of global warming
Seeing the current trends, the major players in the market are DuPont (U.S.), Solvay SA (Belgium), Asahi Glass (Japan), Japan based Daikin and Asahi Glass, Dongyue Group (China), , and Honeywell International Ltd. (U.S.).
The Refrigerant market is estimated to grow to worth USD 15.7 billion by 2018 at a CAGR of 6.9 % from 2013 to 2018 with hydrocarbon market capturing major market revenue share. Asia Pacific is recognized as the current market leader in consumptions followed by North America and Europe and Asia Pacific is likely to hold this position in coming five years.
For more details on Refrigerant market, follow the link :
No comments:
Post a Comment