Transcritical Co2 Market Forecast

in #transcriticalco2market • 5 months ago

Transcritical CO2 market size reached US$ 52.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 195.8 Billion by 2032, exhibiting a growth rate (CAGR) of 15.5% during 2024-2032. The transcritical CO2 market is poised for substantial growth, driven by a global shift towards sustainable refrigeration solutions. The transcritical CO2 market forecast indicates a robust increase in adoption across various sectors, particularly in food and beverage, commercial refrigeration, and industrial applications. This system utilizes carbon dioxide as a refrigerant and operates above its critical point, offering enhanced energy efficiency and a lower environmental impact compared to conventional refrigerants.

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5 months ago in #transcriticalco2market by
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