Global Refrigerant Market Growth and R-22 Phase-Out Opportunity

The filing highlights a significant market opportunity driven by the global phase-out of R-22 refrigerant under the Montreal Protocol. The global refrigerant market is projected to reach $21 billion by 2020, creating demand for environmentally compliant alternatives like alltemp®.

“A recent industry report stated that the global refrigerant market is projected to reach $21 billion at a compound annual growth rate (“CAGR”) of 6% from 2015 to 2020.”

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