Title: Refrigerant Beating Market by Excellent Revenue growth - PowerPoint PPT Presentation

Description: The Refrigerant Market was valued at US$ 16,458.3 million in 2021 and is projected to reach US$ 25,534.6 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028. Refrigerant is a type of fluid used in the thermodynamic cycle of air conditioning. The refrigerant undergoes a continuous transition of phase from liquid to gas and then gas to liquid in the refrigeration process. Refrigerants are highly used as coolants in refrigeration systems, chillers, and air conditioning to absorb heat from the surroundings and pump it outside. Refrigeration is the essential process in the industry and home appliances for the purpose of cooling and maintaining room temperature. The refrigeration system consists of four major components – compressor, condenser, expansion device, and evaporator. Refrigerants are combined with compressor and evaporator to absorb heat from the environment. – PowerPoint PPT presentation