India Ammonia Refrigerant Market - Forecast(2021 - 2026)
As India is a developing country, population migration to cities is predicted to increase by 30% by 2020. This is likely to show a substantial growth in the food and beverage sectors, which should also spark growth in the ammonia refrigeration industry as many multinational corporations are shifting towards the use of natural refrigerants. In India, the Ammonia Refrigeration industry is estimated to be worth around 200 million US dollars, and the average growth rate estimated to be 10%. Request Sample What are Ammonia Refrigerants? Ammonia is the oldest natural refrigerant which is used worldwide in the Refrigeration Industry. Ammonia refrigerant is commonly known as R717 and its chemical formula is NH3. It is also the only refrigerant outside the halocarbons group like CFCs, CFHCs. Ammonia has the highest refrigerating capacity per pound of any refrigerant including halocarbons and a number of other excellent thermal properties that make it popular for a number of refrigeration ...