Tag Archives: Hydrofluorocarbon (HFC)

Asia & MENA Industrial Refrigeration Market to Reach USD 16.3 Billion by 2028

According to a recent report published by Allied Market Research, titled, “Asia & MENA Industrial Refrigeration Market by Component, Refrigerant Type, Application, and Type: Global Opportunity Analysis and Industry Forecast, 2021–2028,” the Asia & MENA industrial refrigeration market was valued at $9.7 billion in 2020, and is expected to reach $16.3 billion by 2030, registering a …

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Asia & MENA Industrial Refrigeration Industry to Grow at CAGR of 5.3% and reach $16.3 Billion by 2028

The growth of the industrial refrigeration industry in Asia and MENA can be attributed to several factors. Firstly, the increasing demand for temperature-controlled products has been the major driver of growth in the region. This is because temperature-controlled products such as beverages, dairy products, and frozen foods, are increasingly in demand, due to their convenience …

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