{"id":11207,"date":"2022-08-04T13:21:56","date_gmt":"2022-08-04T13:21:56","guid":{"rendered":"https:\/\/niir.org\/blog\/?p=11207"},"modified":"2022-08-04T13:21:56","modified_gmt":"2022-08-04T13:21:56","slug":"india-hydrofluorocarbons-market","status":"publish","type":"post","link":"https:\/\/www.niir.org\/blog\/india-hydrofluorocarbons-market\/","title":{"rendered":"India Hydrofluorocarbons Market"},"content":{"rendered":"

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Hydrofluorocarbons, or HFCs, are man-made chemicals<\/a><\/span> that are used in a variety of applications. They are found in everything from air conditioners to refrigerators to aerosol cans. They are also potent greenhouse gases, with a global warming potential that is thousands of times greater than carbon dioxide. HFCs were introduced as replacements for chlorofluorocarbons (CFCs), which were phased out under the Montreal Protocol because of their impact on the ozone layer.<\/p>\n

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The Hydrofluorocarbons market is expected to increase owing to surge in cold chain market coupled with the use of IoT-enabled refrigeration solutions<\/strong><\/p>\n

The Indian Hydrofluorocarbons market stood at USD 146.40 Million in 2021 and is expected to reach USD 219.44 Million by 2028 at a CAGR of 6.03% during the forecast period. The market is anticipated to increase throughout the forecast period due to rising international tourism, rising consumer expenditure on house improvements, the introduction of energy-efficient systems, and the rising popularity of green cooling concepts.<\/p>\n

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