The Latin America, Middle East and Africa Absorption Chillers Market would witness market growth of 7.2% CAGR during the forecast period (2022-2028).
An absorption chiller has a condenser, an evaporator, a generator, a heat exchanger, and an absorber. It is pumped with the help of the heat exchanger and then go to the generator tank which is at the top of the chiller. The heat generated from the outside or waste steam collected from other systems in the building will go into the chiller’s generator. Water and lithium bromide will then be separated under the heat.
Water gradually becomes vapor and rises to the top where the condenser is located, and the lithium bromide drowns to the bottom. The lithium bromide then passes through a pipe and flows back to the absorber, which is its initial place. Then, the vapor in the condenser on the top passes through a cooling tower, which has a lower air pressure than the condenser. Thus, the vapor becomes water again as the air pressure declines. The cold water then goes into the evaporator and waits to be blended with the lithium bromide in the absorber gain.
The United Arab Emirates (UAE) is amongst the top oil producers. Around 96% of the nation’s roughly 100 billion barrels of proven oil reserves are present in Abu Dhabi. The UAE generates an average of 3.2 million barrels of petroleum and liquid daily. The UAE is working to develop an unconventional oil and gas production. The UAE announced the discovery of 80 trillion cubic feet of gas resources at Jebel Ali in 2020. The nation is seeking to become self-sufficient in gas supply by 2030.Saudi Arabia possesses around 17% of the world’s proven petroleum reserves and ranks as one of the largest net exporters of petroleum. Saudi Arabia has proven oil reserves and is one of the world’s most significant integrated energy and chemicals companies. This supports the growth of the regional market.
The Brazil market dominated the LAMEA Absorption Chillers Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $42.7 million by 2028. The Argentina market is exhibiting a CAGR of 7.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 6.9% during (2022 - 2028).
Based on Application, the market is segmented into Chemical, Oil & Gas, Food & Beverages and Others. Based on End User, the market is segmented into Industrial, Commercial and Residential. Based on Refrigerant Type, the market is segmented into Lithium Bromide and Ammonia. Based on Energy Source, the market is segmented into Hot Water Treated, Steam Heated and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Absorption Chillers Market is Predict to reach $1.9 Billion by 2028, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics (LG Corporation), Carrier Global Corporation, Thermax Limited, Hitachi, Ltd., Trane Technologies PLC, Johnson Controls International PLC, World Energy Co., Ltd., EAW Energieanlagenbau GmbH (WEGRA Anlagenbau GmbH), Yazaki Corporation, and Styne Group.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Chemical
- Oil & Gas
- Food & Beverages
- Others
By End User
- Industrial
- Commercial
- Residential
By Refrigerant Type
By Energy Source
- Hot Water Treated
- Steam Heated
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- LG Electronics (LG Corporation)
- Carrier Global Corporation
- Thermax Limited
- Hitachi, Ltd.
- Trane Technologies PLC
- Johnson Controls International PLC
- World Energy Co., Ltd.
- EAW Energieanlagenbau GmbH (WEGRA Anlagenbau GmbH)
- Yazaki Corporation
- Styne Group
TABLE 1 LAMEA Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 4 LAMEA Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 5 LAMEA Chemical Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Chemical Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 14 LAMEA Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Residential Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Residential Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 22 LAMEA Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 23 LAMEA Lithium Bromide Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Lithium Bromide Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Ammonia Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Ammonia Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 28 LAMEA Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 29 LAMEA Hot Water Treated Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Hot Water Treated Market by Country, 2022 - 2028, USD Million
TABLE 31 LAMEA Steam Heated Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Steam Heated Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Absorption Chillers Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Absorption Chillers Market by Country, 2022 - 2028, USD Million
TABLE 37 Brazil Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 38 Brazil Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 39 Brazil Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 40 Brazil Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 41 Brazil Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 42 Brazil Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 43 Brazil Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 44 Brazil Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 45 Brazil Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 46 Brazil Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 47 Argentina Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 48 Argentina Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 49 Argentina Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 50 Argentina Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 51 Argentina Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 52 Argentina Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 53 Argentina Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 54 Argentina Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 55 Argentina Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 56 Argentina Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 57 UAE Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 58 UAE Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 59 UAE Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 60 UAE Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 61 UAE Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 62 UAE Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 63 UAE Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 64 UAE Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 65 UAE Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 66 UAE Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 67 Saudi Arabia Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 68 Saudi Arabia Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 69 Saudi Arabia Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 70 Saudi Arabia Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 71 Saudi Arabia Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 72 Saudi Arabia Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 73 Saudi Arabia Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 74 Saudi Arabia Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 75 Saudi Arabia Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 76 Saudi Arabia Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 77 South Africa Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 78 South Africa Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 79 South Africa Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 80 South Africa Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 81 South Africa Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 82 South Africa Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 83 South Africa Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 84 South Africa Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 85 South Africa Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 86 South Africa Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 87 Nigeria Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 88 Nigeria Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 89 Nigeria Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 90 Nigeria Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 91 Nigeria Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 92 Nigeria Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 93 Nigeria Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 94 Nigeria Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 95 Nigeria Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 96 Nigeria Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 97 Rest of LAMEA Absorption Chillers Market, 2018 - 2021, USD Million
TABLE 98 Rest of LAMEA Absorption Chillers Market, 2022 - 2028, USD Million
TABLE 99 Rest of LAMEA Absorption Chillers Market by Application, 2018 - 2021, USD Million
TABLE 100 Rest of LAMEA Absorption Chillers Market by Application, 2022 - 2028, USD Million
TABLE 101 Rest of LAMEA Absorption Chillers Market by End User, 2018 - 2021, USD Million
TABLE 102 Rest of LAMEA Absorption Chillers Market by End User, 2022 - 2028, USD Million
TABLE 103 Rest of LAMEA Absorption Chillers Market by Refrigerant Type, 2018 - 2021, USD Million
TABLE 104 Rest of LAMEA Absorption Chillers Market by Refrigerant Type, 2022 - 2028, USD Million
TABLE 105 Rest of LAMEA Absorption Chillers Market by Energy Source, 2018 - 2021, USD Million
TABLE 106 Rest of LAMEA Absorption Chillers Market by Energy Source, 2022 - 2028, USD Million
TABLE 107 Key information – LG Electronics, Inc.
TABLE 108 Key Information – Carrier Global Corporation
TABLE 109 Key Information – Thermax Limited
TABLE 110 Key Information – Hitachi, Ltd.
TABLE 111 Key Information – Trane Technologies PLC
TABLE 112 Key Information – Johnson Controls International PLC
TABLE 113 Key Information – World Energy Co., Ltd.
TABLE 114 Key Information – EAW Energieanlagenbau GmbH
TABLE 115 key information – Yazaki Corporation
TABLE 116 Key Information – Styne Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: LG Corporation