Portable Air Conditioners Market Expected to Deliver Dynamic Progression until 2028

Dublin ,Ireland, 2020-Oct-29 — /EPR Network/ —

Global Portable Air Conditioners market – A report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Portable Air Conditioners market. The Portable Air Conditioners report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the Portable Air Conditioners report elaborates the market behavior of each vendor operating in the Portable Air Conditioners market.

The Portable Air Conditioners report considers the following years to present the overall market growth:

• Forecast Year: 2018 – 2028

Key findings of the Portable Air Conditioners market study:

• Regional breakdown of the Portable Air Conditioners market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Portable Air Conditioners vendors in detail.
• Region-wise and country-wise fragmentation of the Portable Air Conditioners market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Portable Air Conditioners market.

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Discovery of HCFC Alternatives to Influence Manufacturing Strategies of Market Players

Government organizations across the world, such as EPA (the United States Environment Protection Agency) and European Commission are developing some regulations to control the air pollution caused due to some refrigerants used in air conditioners. Hydrochlorofluorocarbons (HCFCs) are commonly used in air conditioning systems. However, the EPA recognizes HCFC-22 as an Ozone-depleting substance, and has imposed some rules associated with the release of this refrigerant under Section 609 of the Clean Air Act (CAA). The imports and production of HCFC-22 will be phased out by 2020-end, and it will be banned by the end of 2030 by the U.S. government. Similar regulations and rules are being imposed by the European Commission as well.

These stringent regulations on the use of HCFC as a refrigerant are encouraging manufacturers in the portable air conditioners market to discover its substitutes. Significant New Alternatives Policy (SNAP) developed by EPA approved of the use of Ozone-safe HCFCs and other alternatives to HCFC-22 in air conditioning systems. Manufacturers in the portable air conditioners market are investing more in R&D to come up with efficient and safer alternatives to HCFC-22 to curb HCF emissions. Even though refrigerants with around 700 GWP such as R32 and R452B are being used in small or portable air conditioners, ultimate alternatives to HCFCs have not been discovered yet. Increasing investments in R&D to find substitutes to HCFC-22 is an emerging trend in the portable air conditioners market.

On the basis of region, the Portable Air Conditioners market study contains:

• 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)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

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Queries addressed in the Portable Air Conditioners market report:

• Why are the Portable Air Conditioners market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global Portable Air Conditioners market?
• Which regions are displaying the fastest growth in the Portable Air Conditioners market?
• What are the underlying micro- macroeconomic factors affecting the global Portable Air Conditioners market?

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