Various government initiatives to ban the use of refrigerants with a high ozone depletion and global warming potential are likely to drive the magnetic refrigeration market
The existing refrigeration and air conditioning systems use refrigerants that have a high ozone depletion potential (ODP) and high global warming potential (GWP). Governments of the U.S. and European countries have been phasing out such refrigerants to reduce their impact on the environment. Hydrofluorocarbons (HFC) refrigerants such as R-134a, R-410a, or R-404a are already being phased out. The most...