The most popular Refrigeration industry news for October 23 - 29

Read the most popular Refrigeration industry news for October 23 - 29. Please find the links below.

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The most popular Refrigeration industry news for October 23 - 29

• Carrier is introducing its AquaSnap 30AWH-P monobloc air-to-water heat pump

Carrier is introducing its AquaSnap 30AWH-P monoblock air-to-water heat pump to European customers, an innovative and sustainable product with ultra-low global warming potential (GWP) R290 natural refrigerant. Among several notable features of this European-made heat pump are its extremely quiet operation and very compact footprint to suit small spaces, including balconies.?

• New CAREL white paper on the heat pump market

Heat pumps have grown in popularity in recent years, with this technology representing the ideal alternative to fossil fuel boilers for space heating. A new CAREL white paper analyses the technologies and trends that have emerged in the heat pump market in recent years, as well as the regulations and policies applied both locally and globally, in order to better understand the latest opportunities and challenges in the sector.

• Transcritical CO2 Market Size, Analysis Report 2030

The transcritical CO2 market size is expected to grow from?US$ 48,529.81 million in 2023 to US$ 140,931.01 million by 2030; it is estimated to record a CAGR of 16.5% from 2023 to 2030.

• The European Union's agreement has paved the way for the adoption of R290 heat pumps

On 5th October, the European Union released a political agreement, which introduces a full ban on small (<12kW) monobloc heat pumps and air conditioning that contain F-gases with a GWP of at least 150 starting in 2027, and a complete phase-out in 2032. The agreement is to reduce fluorinated greenhouse gas emissions and fight global climate change, which is an important step towards the climate goals.

• Industrial Refrigeration Equipment Market is expected to reach USD 36.8 Bn by 2030

According to latest study on “Industrial Refrigeration Equipment Market Forecast to 2030 – COVID-19 Impact and Global Analysis – by Type, Refrigerant Type, and Application,” the industrial refrigeration equipment market size was valued at US$ 19.1 billion in 2022 and is expected to reach US$ 36.8 billion by 2030. The industrial refrigeration equipment market is expected to record a CAGR of 8.5% from 2022 to 2030.

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