The new report on the Ice Market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. The study provides projections of the opportunities and shares, both vis-à-vis value (US$Mn/Bn) and volume volume (n units), of various segments in the Ice Market during the forecast period of 2018 – 2028. The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Ice Market.
To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions. The key regions comprise the following geographical segments:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
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The detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas. Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets. Shares of major regional markets are also presented in the analysis.
Growing Investments in Finding Alternatives for HCFC to be an Emerging Trend in the Ice Makers Market
Hydrochlorofluorocarbons (HCFCs) are among the most extensively used refrigerants in air cooling systems as well as in refrigerating systems. However, HCFC-22 has been added to the list of Ozone-depleting substances by the EPA (the United States Environment Protection Agency). Under Section 609 of the Clean Air Act (CAA), EPA has imposed some rules to control the release of HCFC-22 through refrigerating systems such as ice makers. Not just in the U.S., but the European Commission as developed some regulations and standards to limit the use and emission of HCFC-22. Both EPA and European Commission have stated that the production and imports of HCFC-22 will be phased out completely, by 2020. Furthermore, the production, import, and use of HCFC-22 in ice makers will be banned by 2030, which may make a huge impact on the development of the ice makers market.
Leading manufacturers in the ice makers market are making investments in its R&D capacities to discover environment-friendly alternatives to HCFCs. EPA allows the use of Ozone-friendly HCFCs and other eco-friendly alternatives of HCFC-22 in ice makers under its Significant New Alternatives Policy (SNAP). Also, increasing environmental awareness among consumers is influencing their purchasing decisions. Subsequently, manufacturers in the ice maker market are making efforts to produce eco-friendly and energy efficient ice makers to attract more consumers.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
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The global Ice Market report answers numerous pertinent questions, some of which are:
- What are some of the latent areas of investments in the Ice Market?
- Which region is expected to emerge as showing the most attractive growth rate during the forecast period and which factors will be crucial to its growth?
- What trends are likely to change the status quo of the positions held by leading players of the Ice Market in the not-so-distant future?
- Which product/service/technology segments holds game-changing potential to dramatically shape the competitive dynamic in the Ice Market?
- What are the strategies adopted by top players to retain their stronghold in the Ice Market?
- Which strategic moves will new entrants adopt to gain a strong foothold in the Ice Market?
How can Fact.MR Make Difference?
- In-depth understanding of key industry trends shaping the present growth dynamics
- Offers value chain analysis and price trend analysis of various offering of competitors
- Offers data-drive decision to help companies decide strategies that need recalibration
- Offers insights into areas in research and development that should attract
- Identifies data outliers before your competitors
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