Transcritical Co2 Market Trends 2024, Leading Companies Share, Size and Forecast Report By 2032
The latest report by IMARC Group, titled “ Transcritical Co2 Market Report by Function (Refrigeration, Heating, Air Conditioning), Application (Supermarkets and Convenience Stores, Ice Skating Rinks, Food Processing and Storage Facilities, Heat Pumps, and Others), and Region 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on the transcritical CO2 market report . The global 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. Factors Affecting the Growth of the Transcritical CO 2 Industry: Environmental Concerns: Transcritical CO 2 refrigeration systems are gaining traction due to their exceptionally low global warming potential (GWP). As concerns about climate change and greenhouse gas emissions are intensifying, businesses and industries are seeking refrigeration solutions that have minimal impact on global warm...