EPA regulations (40 CFR Part 82, Subpart F) under Section 608 of the Clean Air Act require that refrigerant recovery and recycling equipment be tested to ensure it meets EPA requirements. For most recovery and recycling equipment, these requirements are detailed in Appendix B2 to 40 CFR 82, Subpart F. Requirements for equipment manufactured or imported after January 1, 2017, are detailed in Appendix B3 (for non-flammable refrigerants) or Appendix B4 (for flammable refrigerants). These standards are based on the Air-Conditioning, Heating, and Refrigeration Institute (AHRI) 740 test protocol.
The article cited AMA's "Global Refrigerant Recovery System Market Study" explored CAGR of %. According to the report, Increasing Adoption of Highly Energy-Efficient Refrigerant Recovery Systems
is one of the primary growth factors for the market. Growing Adoption of Air Conditioners Across the Globe
is also expected to contribute significantly to the Refrigerant Recovery System market. Overall, Small Refrigerant Recovery Machine
applications of Refrigerant Recovery System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Installation Type, such as Portable Equipment, is boosting the Refrigerant Recovery System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Power Range, such as Low-Pressure Units (0.1 hp to 0.75 hp), is boosting the Refrigerant Recovery System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Method, such as Vapor Recovery Method, is boosting the Refrigerant Recovery System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Refrigerant Recovery System market identified that the demand is rising in many different parts of the world as "Continues Technological Advancements in Commercial and Residential Refrigeration Market
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Refrigerant Recovery System market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Refrigerant Recovery System market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Refrigerant Recovery System market size is calculated using market estimation process, the Refrigerant Recovery System market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Refrigerant Recovery System market size has been validated using both top-down and bottom-up approaches.