Refrigerants Market

Report Code CH 1536
Published in Feb, 2025, By MarketsandMarkets™
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Refrigerants Market by Type (HFC & Blends, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide), Application (Refrigeration System, Air Conditioning System, Chillers, and MAC), and Region(Asia Pacific , North America, Europe, MEA) - Global Forecast to 2029

Overview

In terms of value, the refrigerants market is estimated to grow from USD 6.99 billion in 2024 to USD 9.56 billion by 2029, at a CAGR of 6.5%. Refrigerants are chemicals functioning on the principle of transferring heat by absorbing it at low temperature and pressure and releasing it at high temperature and pressure. Based on their functionality, refrigerants are broadly classified into two major types—primary and secondary refrigerants. Primary refrigerants act as phase change materials (PCMs) and enable refrigeration by undergoing a phase change. Secondary refrigerants are used to transfer heat energy from one source to another. They are mainly used in cooling equipment such as refrigeration and air conditioning systems.

Refrigerants Market

Attractive Opportunities in the Refrigerants Market

Asia Pacific

Asia Pacific led the global refrigerants market due to growing demand from the automotive and electronics industries.

Growth in this market can be attributed to the increasing demand for consumer appliances and the growth of the cold chain.

Product launches may offer lucrative opportunities for market players in the next five years.

Market growth in Asia Pacific can be attributed to the rising demand from domestic and industrial refrigeration systems.

Shift toward e-mobility will offer lucrative opportunities for the refrigerants market.

Global Refrigerants Market Dynamics

DRIVER: Growing pharmaceutical industry

The pharmaceutical industry requires low-temperature conditions for transport and storage of drugs. Factors such as the increasing focus on biologics, the growing demand for specialty pharmaceuticals, insulin products, and vaccines are driving the need for refrigerants in this sector, particularly in developing Asian economies.

The pharmaceutical industry is experiencing significant growth in major emerging markets in Asia Pacific, notably in China and India. This growth is expected to further boost the demand for refrigerants. Additionally, the rapid expansion of the pharmaceutical sector in emerging economies such as Brazil, China, and India is resulting in a gradual shift of research activities from Europe to these regions.

According to the European Federation of Pharmaceutical Industries and Associations (EFPIA), from 2015 to 2020, the pharmaceutical industries in Brazil, China, and India grew by 11.3%, 4.8%, and 10.0%, respectively. In comparison, the global pharmaceutical industry grew by 5.0% in the top five European Union markets and by 4.9% in the US market.

RESTRAINT: Flammability and toxicity issues

Refrigerants such as ammonia, carbon dioxide, and HCs are flammable, corrosive, and toxic at higher concentrations. Ammonia can react with copper and corrode it. Hence, ammonia-based refrigeration systems are made of materials such as steel, though it increases the overall initial cost of systems. The safety precautions associated with ammonia and carbon dioxide are comparatively greater than those associated with fluorinated refrigerant gases. Carbon dioxide tends to solidify into dry ice upon contact with air. Hence, carbon dioxide cylinders and refrigeration systems require special valves to prevent this conversion.

 

OPPORTUNITY: Increasing demand for natural refrigerants

The global demand for environmentally friendly cooling solutions propels this growth because of executive GWP regulations, together with enhanced environmental awareness and multiple sectors increasing need for sustainable cold solutions. The food processing sector, together with cold storage facilities and retail operations, fast-tracks the implementation of natural refrigerants to fulfill sustainability requirements and decrease their environmental impact. Natural refrigerants consisting of carbon dioxide, ammonia, and hydrocarbons provide low GWP performance and aggressive ODP profiles which make them suitable choices instead of synthetic refrigerants in industrial applications. Stationary equipment manufacturers diligently pursue improved system designs and safety measures to support the industrial adoption of natural refrigerants in commercial applications. Market expansion is expected due to key players innovating to sustain their position amid an emerging and active competitive environment.

CHALLENGES: Illegal trade of refrigerants

The illegal import of refrigerants is a major challenge to the global refrigerants market, which is against the effort to meet the regulatory targets and compromises product safety. This issue is especially concerning with hydrofluorocarbons (HFCs), which are being phased out under international agreements such as the Kigali Amendment and the Montreal Protocol. Illegal trading of these substances interrupts the progress of emission reduction and creates enormous risks to safety and performance. Illegally imported refrigerants are frequently of substandard quality or counterfeits, which can degrade refrigeration and HVAC systems and raise the prospect of accidents.

Global Refrigerants Market Ecosystem Analysis

The refrigerants ecosystem includes companies manufacturing refrigerants, such as Arkema SA, Dongyue Group Co. Ltd., Honeywell International Inc., Chemours Company, Linde Group, Air Liquide S.A., Sinochem Corporation, Daikin Industries Ltd., Orbia, and Asahi Glass Corporation.

Refrigerants Market
 

Based on type, HFC & blends was the largest segment in the refrigerants market, in terms of value, in 2023.

HFCs are used as refrigerants, blowing agents, and aerosol propellants. Following the phase-out of chlorofluorocarbons (CFCs) and later HCFCs, which were also greenhouse gases, HFC & blends became popular. Although HFCs are greenhouse gases, they are not as potent as CFCs or HCFCs. Following the phase-out of CFCs and HCFCs, the demand for HFCs has risen rapidly and further increased with the expansion of air conditioning in developing countries. However, due to its high GWP, on October 15, 2016, it was announced in Kigali, Rwanda, that 170 nations had agreed to phase down HFCs through an amendment to the Montreal Protocol.

In 2023, refrigeration systems were the largest segment of the refrigerants market in terms of value based on applications.

This application is divided into three major categories, which are domestic refrigeration, industrial refrigeration, and commercial refrigeration. Domestic refrigeration is mainly used in households for preserving food, drinks, and medicine. This category mainly covers refrigerators, freezers, and combined systems. Initially, refrigerants such as CFCs (CFC11 and CFC12) and HCFC (R22) were used in cooling systems. Commercial refrigeration is mainly used to preserve or display food & beverages in retail stores. This segment includes supermarkets, hypermarkets, and office buildings, which require refrigeration systems. Currently, refrigerants such as HCFC (R22), HFCs (R134A and R404A), and HC (290 and 600A) are used in commercial refrigerators, with HCFCs being the predominant one in this application. The industrial refrigeration segment includes refrigerants used in manufacturing plants. Refrigerants such as HCFC and ammonia are most commonly used in industrial applications. However, due to new environmental legislation, the use of HCFC refrigerants is declining.

Asia Pacific accounted for the largest share of the refrigerants market, in terms of value, in 2023.

Asia Pacific is the largest refrigerants market, accounting for the largest share of the market in 2023. HFC and carbon dioxide are among the most widely consumed refrigerants due to the increasing consumption of refrigeration and AC equipment in commercial buildings and supermarkets. In Asia Pacific, the demand for inorganic refrigerants is expected to rise mainly due to the 100% phase-out of HCFCs by 2040 and the 85% phase-out of HFCs by 2047. Market growth in Asia Pacific is mainly attributed to China—the largest refrigerants market in the world in terms of volume. The presence of large consumer pockets and the low cost of production in India and China are driving the region’s refrigerants market. Moreover, rapid urbanization, demand for domestic consumer appliances, and the rapidly growing infrastructure industry in Thailand and Indonesia are also expected to support the growth of the refrigerants market in Southeast Asia during the forecast period.

HIGHEST CAGR MARKET IN 2024-2029
INDIA FASTEST GROWING MARKET IN THE REGION
Refrigerants Market

Recent Developments of Refrigerants Market

  • In April 2024, Honeywell International Inc. announced a collaboration with Bosch, where Bosch's new line of heat pumps will feature Honeywell's energy-efficient, low-global-warming-potential (GWP) Solstice 454B refrigerant.
  • In June 2023, Honeywell International Inc. announced the launch of Ireland’s first low-carbon district heating network located in Tallaght, Dublin. This pioneering system leverages a heat pump utilizing Honeywell’s Solstice ze (R-1234ze) refrigerant, recognized for its exceptionally low global warming potential. The project is now operational and will support Ireland’s 2030 and 2050 renewable energy targets and the European Union’s decarbonization initiatives, including REPowerEU.
  • In May 2023, The Chemours Company entered into an agreement with Zhejiang Juhua Co., Ltd. to expand the production capacity of its ultra-low global warming potential (GWP) HFO foaming agent, Opteon 1100, and specialty fluids, Opteon SF33. The expansion will triple the capacity of HFO-1336MZZZ, meeting the increasing demand for sustainable, energy-efficient solutions. The new production is expected to begin by the end of 2025, with full capacity anticipated in early 2026.
  • In January 2022, Honeywell International Inc. launched a new non-flammable energy-efficient Solstice N71 (R-471A) refrigerant to meet the stringent regulations regarding reducing greenhouse gas emissions.
  • On May 8, 2021, Sinochem Holdings Corporation Ltd. was established through the joint restructuring of the Sinochem Corporation and China International Corporation. The company is a leading state-owned enterprise with more than 220,000 employees.
  • In January 2021, Air Liquide S.A. established a joint venture with Hefei Institutes of Physical Sciences to promote the development of helium refrigeration equipment in China.
  • In July 2020, The Linde Group set up a new air separation unit (ASU) and the first of three nitrogen generators as part of a 15-year contract to supply ultra-high purity industrial gases to a major electronics customer in Taiwan.
  • In January 2020, Central England Co-Operative selected Honeywell’s Solstice L40x refrigerant for its new food chilling systems.

Key Market Players

KEY PLAYERS IN THE REFRIGERANTS MARKET INCLUDE

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Scope of the Report

Report Metric Details
Market size available for years 2018-2029
Base Year Considered 2023
Forecast period 2024-2029
Forecast units Value (USD Million/Billion) and Volume (Kiloton)
Segments covered Type, Application, and Region
Geographies covered Asia Pacific, North America, Europe, Middle East & Africa, and South America

 

Key Questions Addressed by the Report

Which are the major players in the refrigerants market?
The key players in the refrigerants market include Arkema (France), Dongyue Group Limited (China), Honeywell International Inc. (US), The Chemours Company (US), Linde plc (Ireland), The Sinochem Hong Kong (Group) Company Limited (China), Daikin Industries, Ltd. (Japan), Orbia Advance Corporation, S.A.B. de C.V. (US), AGC Inc. (Japan), and A-Gas International Limited (UK).
Who are the top 5 players in the market?
Honeywell International Inc., The Chemours Company, The Linde Group, Arkema, and Daikin Industries Ltd. are the major service providers in the refrigerants market.
What are the drivers and opportunities for the refrigerants market?
Increasing demand for consumer appliances and the growing pharmaceutical industry are some of the drivers of the refrigerants market. Increasing demand for natural refrigerants is the major opportunity in the refrigerants market.
What are the various strategies key players are focusing on within the refrigerants market?
Acquisitions, expansions, and partnerships are some of the strategies adopted by key players to expand their global presence.
What are the major factors restraining the refrigerants market growth during the forecast period?
Increasing stringent regulations against fluorocarbon refrigerants and flammability and toxicity are restraining the market.

 

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Table Of Contents

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TITLE
PAGE NO
INTRODUCTION
25
RESEARCH METHODOLOGY
30
EXECUTIVE SUMMARY
41
PREMIUM INSIGHTS
44
MARKET OVERVIEW
47
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increasing demand for consumer appliances
    - Growing pharmaceutical industry
    RESTRAINTS
    - Stringent regulations against fluorocarbon refrigerants
    - Flammability and toxicity issues
    OPPORTUNITIES
    - Increasing demand for natural refrigerants
    CHALLENGES
    - Illegal trade of refrigerants
  • 5.3 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.4 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.5 MACROECONOMIC INDICATORS
    GDP TRENDS AND FORECAST
INDUSTRY TRENDS
58
  • 6.1 SUPPLY CHAIN ANALYSIS
  • 6.2 PRICING ANALYSIS
    AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION, 2023
    AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION, 2021–2029
  • 6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 6.4 ECOSYSTEM ANALYSIS
  • 6.5 CASE STUDY ANALYSIS
    ATLAS COPCO CHOSE HONEYWELL INTERNATIONAL'S HFO1234YF REFRIGERANT AS REPLACEMENT REFRIGERANT FOR DEHUMIDIFIERS IN ANTICIPATION OF INCOMING ENVIRONMENTAL REGULATIONS
    RETAILOR AND A-GAS DISCOVERED SOLUTIONS THAT COULD HELP IN REFRIGERANT MANAGEMENT AND DECARBONIZE OPERATIONS
    A-GAS PARTNERED WITH LEADING OEM FOR REFRIGERANT RECOVERY AND REUSE
  • 6.6 TECHNOLOGY ANALYSIS
    KEY TECHNOLOGIES
    - Not-in-kind cooling technology
    COMPLEMENTARY TECHNOLOGIES
    - Magnetic refrigeration
  • 6.7 TRADE ANALYSIS
    IMPORT SCENARIO (HS CODE 290317)
    EXPORT SCENARIO (HS CODE 290317)
  • 6.8 REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REGULATORY FRAMEWORK
    - The Montreal protocol
    - The Kigali Amendment
    - SAE Standards
    - ISO 5149 and ISO 817
  • 6.9 KEY CONFERENCES AND EVENTS, 2025
  • 6.10 INVESTMENT AND FUNDING SCENARIO
  • 6.11 PATENT ANALYSIS
    METHODOLOGY
    DOCUMENT TYPES
    TOP APPLICANTS
    JURISDICTION ANALYSIS
  • 6.12 IMPACT OF AI/GEN AI ON REFRIGERANTS MARKET
REFRIGERANTS MARKET, BY TYPE
84
  • 7.1 INTRODUCTION
  • 7.2 HFC & BLENDS
    THERMODYNAMIC PROPERTIES OF HFC TO DRIVE MARKET
  • 7.3 HFO
    CONSUMER AWARENESS REGARDING SUSTAINABLE REFRIGERANTS TO DRIVE DEMAND
  • 7.4 ISOBUTANE
    HIGH ENERGY EFFICIENCY OF ISOBUTANE TO FUEL MARKET GROWTH
  • 7.5 PROPANE
    ENVIRONMENTAL BENEFITS OF PROPANE TO IMPACT MARKET GROWTH
  • 7.6 AMMONIA
    COST EFFICIENCY OF AMMONIA TO FUEL DEMAND
  • 7.7 CARBON DIOXIDE
    SUPERMARKETS AND FOOD & PROCESSING INDUSTRY TO DRIVE DEMAND
  • 7.8 OTHER TYPES
REFRIGERANTS MARKET, BY APPLICATION
99
  • 8.1 INTRODUCTION
  • 8.2 REFRIGERATION SYSTEMS
    DOMESTIC REFRIGERATION
    - Large population base to drive demand
    COMMERCIAL REFRIGERATION
    - Growing retail industry in Asia Pacific to drive demand
    INDUSTRIAL REFRIGERATION
    - Large industrial base in North America to drive demand
  • 8.3 CHILLERS
    GROWING INDUSTRIALIZATION TO DRIVE MARKET
  • 8.4 AIR CONDITIONING SYSTEMS
    WINDOW AC
    - Window AC segment to witness slow growth due to outdated technology
    SPLIT AC
    - Growing deployment of split ACs to drive market
    VARIABLE REFRIGERANT FLOW (VRF)
    - Rising construction activities to drive market
    DUCTED, PACKAGED, AND ROOFTOP ACS
    - Increasing commercial spaces to fuel market growth
  • 8.5 MOBILE AIR CONDITIONING
    LARGE AUTOMOBILE MANUFACTURING BASE IN ASIA PACIFIC TO OFFER LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
REFRIGERANTS MARKET, BY REGION
122
  • 9.1 INTRODUCTION
  • 9.2 ASIA PACIFIC
    CHINA
    - High demand for refrigeration and air conditioning systems to drive demand
    INDIA
    - Growth of commercial and industrial sectors to drive demand
    JAPAN
    - Growing commitment to use natural refrigerants to drive market
    SOUTH KOREA
    - Increasing investments in public and institutional infrastructure development to drive demand
    INDONESIA
    - Growing construction industry to drive market
    THAILAND
    - Growing consumer awareness regarding green refrigerants to drive market
    MALAYSIA
    - Rising income and changing purchasing trends to drive market
    AUSTRALIA
    - Demand for split ACs and variable refrigerant flow to drive market
  • 9.3 NORTH AMERICA
    US
    - Growing demand from automotive and industrial sectors to drive market
    CANADA
    - Rising demand for automobile AC systems, refrigerators, freezers, and air conditioners to drive market
    MEXICO
    - Growing automotive sector to drive market
  • 9.4 MIDDLE EAST & AFRICA
    GCC
    - Saudi Arabia
    - UAE
    IRAN
    - Growing demand for air conditioning systems to influence market growth
    SOUTH AFRICA
    - Rapid urbanization to drive market
  • 9.5 SOUTH AMERICA
    BRAZIL
    - Economic growth to drive market
    ARGENTINA
    - Higher consumer spending to support demand
  • 9.6 EUROPE
    GERMANY
    - Large manufacturing base of white goods to increase demand
    RUSSIA
    - Large presence of automobile manufacturers to drive market
    ITALY
    - Expanding construction industry to drive demand
    FRANCE
    - Increasing automobile production to drive demand
    UK
    - Rising investments in construction industry to drive market
    TURKEY
    - Increased manufacturing of white goods to drive market
    SPAIN
    - Technological advancements and innovations in polymer processing to drive demand
COMPETITIVE LANDSCAPE
224
  • 10.1 OVERVIEW
  • 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
  • 10.3 MARKET SHARE ANALYSIS
  • 10.4 REVENUE ANALYSIS
  • 10.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT: KEY PLAYERS, 2023
    - Company footprint
    - Type footprint
    - Application footprint
    - Region footprint
  • 10.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
    - Detailed list of key startups/SMEs
    - Competitive benchmarking of key startups/SMEs
  • 10.7 BRAND/PRODUCT COMPARISON ANALYSIS
  • 10.8 COMPANY VALUATION AND FINANCIAL METRICS
  • 10.9 COMPETITIVE SCENARIO
    PRODUCT LAUNCHES
    DEALS
    EXPANSIONS
    OTHERS
COMPANY PROFILES
247
  • 11.1 KEY PLAYERS
    ARKEMA
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    DONGYUE GROUP LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - MnM view
    HONEYWELL INTERNATIONAL INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    THE CHEMOURS COMPANY
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    LINDE PLC
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    SINOCHEM HONG KONG (GROUP) COMPANY LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    DAIKIN INDUSTRIES, LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    AGC INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    A-GAS INTERNATIONAL LIMITED
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
  • 11.2 OTHER PLAYERS
    SRF LIMITED
    GUJARAT FLUOROCHEMICALS LIMITED
    NAVIN FLUORINE INTERNATIONAL LIMITED
    PUYANG ZHONGWEI FINE CHEMICAL CO., LTD.
    SHANDONG YUEAN CHEMICAL INDUSTRY CO., LTD.
    HARP INTERNATIONAL LTD
    QUIMOBÁSICOS, S.A. DE C.V.
    TAZZETTI S.P.A.
    GAS SERVEI
    ZHEJIANG FOTECH INTERNATIONAL CO.
    REFRIGERANT SERVICES INC.
    BROTHERS GAS
    ECO-FREEZE INTERNATIONAL
    ENGAS AUSTRALASIA
    NATIONAL REFRIGERANTS LTD
ADJACENT AND RELATED MARKETS
299
  • 12.1 INTRODUCTION
  • 12.2 LIMITATIONS
  • 12.3 INDUSTRIAL REFRIGERATION SYSTEM MARKET
    MARKET DEFINITION
    MARKET OVERVIEW
  • 12.4 INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION
APPENDIX
303
  • 13.1 DISCUSSION GUIDE
  • 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.3 CUSTOMIZATION OPTIONS
  • 13.4 RELATED REPORTS
  • 13.5 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 REFRIGERANTS MARKET: DEFINITION AND INCLUSIONS, BY TYPE
  • TABLE 2 REFRIGERANTS MARKET: DEFINITION AND INCLUSIONS, BY APPLICATION
  • TABLE 3 SCHEDULE FOR HCFC ELIMINATION: NON-ARTICLE 5 PARTIES
  • TABLE 4 SCHEDULE FOR HCFC ELIMINATION: ARTICLE 5 PARTIES
  • TABLE 5 SCHEDULE FOR HFC ELIMINATION
  • TABLE 6 PROPERTIES OF MOST COMMONLY USED REFRIGERANTS
  • TABLE 7 FACTORS DEFINING GROWTH OF NATURAL REFRIGERANTS MARKET
  • TABLE 8 REFRIGERANTS WITH LOW GWP AND ZERO ODP
  • TABLE 9 REFRIGERANTS MARKET: PORTER’S FIVE FORCES ANALYSIS
  • TABLE 10 IMPACT OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)
  • TABLE 11 KEY BUYING CRITERIA, BY APPLICATION
  • TABLE 12 GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION)
  • TABLE 13 AVERAGE SELLING PRICE TREND OF REFRIGERANTS OFFERED BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)
  • TABLE 14 AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION, 2021–2029 (USD/KG)
  • TABLE 15 REFRIGERANTS MARKET: ROLES OF COMPANIES IN ECOSYSTEM
  • TABLE 16 OBJECTIVES OF NOT-IN-KIND COOLING TECHNOLOGY
  • TABLE 17 IMPORT DATA RELATED TO HS CODE 290317-COMPLIANT PRODUCTS, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 18 EXPORT DATA RELATED TO HS CODE 290317-COMPLIANT PRODUCTS, BY REGION, 2019–2023 (USD MILLION)
  • TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 22 MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 23 GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 24 REGULATORY FRAMEWORK: OTHER KEY SAE STANDARDS
  • TABLE 25 REFRIGERANTS MARKET: KEY CONFERENCES AND EVENTS, 2025
  • TABLE 26 REFRIGERANTS MARKET: PATENT COUNT, 2013–2023
  • TABLE 27 REFRIGERANTS MARKET: LIST OF MAJOR PATENTS, 2013–2023
  • TABLE 28 PATENTS BY DAIKIN INDUSTRIES, LTD.
  • TABLE 29 PATENTS BY THE CHEMOURS COMPANY
  • TABLE 30 REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 31 REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 32 REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 33 REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 34 HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 35 HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 36 HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 37 HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 38 HFO: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 39 HFO: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 40 HFO: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 41 HFO: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 42 ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 43 ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 44 ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 45 ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 46 PROPANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 47 PROPANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 48 PROPANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 49 PROPANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 50 AMMONIA: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 51 AMMONIA: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 52 AMMONIA: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 53 AMMONIA: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 54 CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 55 CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 56 CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 57 CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 58 OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 59 OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 60 OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 61 OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 62 REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 63 REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 64 REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 65 REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 66 REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 67 REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 68 REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 69 REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 70 DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 71 DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 72 DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 73 DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 74 COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 75 COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 76 COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 77 COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 78 INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 79 INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 80 INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 81 INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 82 CHILLERS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 83 CHILLERS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 84 CHILLERS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 85 CHILLERS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 86 AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 87 AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 88 AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 89 AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 90 WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 91 WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 92 WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 93 WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 94 SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 95 SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 96 SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 97 SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 98 VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 99 VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 100 VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 101 VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 102 DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 103 DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 104 DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 105 DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 106 MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 107 MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 108 MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 109 MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 110 REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)
  • TABLE 111 REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 112 REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)
  • TABLE 113 REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)
  • TABLE 114 ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 115 ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 116 ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 117 ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 118 ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 119 ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 120 ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 121 ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 122 ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 123 ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 124 ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)
  • TABLE 125 ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)
  • TABLE 126 CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 127 CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 128 CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 129 CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 130 INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 131 INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 132 INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 133 INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 134 JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 135 JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 136 JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 137 JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 138 SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 139 SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 140 SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 141 SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 142 INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 143 INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 144 INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 145 INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 146 THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 147 THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 148 THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 149 THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 150 MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 151 MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 152 MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 153 MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 154 AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 155 AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 156 AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 157 AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 158 NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 159 NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 160 NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 161 NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 162 NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 163 NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 164 NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 165 NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 166 NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 167 NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 168 NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)
  • TABLE 169 NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)
  • TABLE 170 US: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 171 US: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 172 US: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 173 US: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 174 CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 175 CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 176 CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 177 CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 178 MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 179 MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 180 MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 181 MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 182 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 183 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 184 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 185 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 186 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 187 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 188 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 189 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 190 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 191 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 192 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)
  • TABLE 193 MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)
  • TABLE 194 SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 195 SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 196 SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 197 SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 198 UAE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 199 UAE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 200 UAE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 201 UAE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 202 IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 203 IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 204 IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 205 IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 206 SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 207 SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 208 SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 209 SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 210 SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 211 SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 212 SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 213 SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 214 SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 215 SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 216 SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 217 SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 218 SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 219 SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 220 SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)
  • TABLE 221 SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)
  • TABLE 222 BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 223 BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 224 BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 225 BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 226 ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 227 ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 228 ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 229 ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 230 EUROPE: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)
  • TABLE 231 EUROPE: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)
  • TABLE 232 EUROPE: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)
  • TABLE 233 EUROPE: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)
  • TABLE 234 EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 235 EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 236 EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 237 EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 238 EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)
  • TABLE 239 EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 240 EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)
  • TABLE 241 EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)
  • TABLE 242 GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 243 GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 244 GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 245 GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 246 RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 247 RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 248 RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 249 RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 250 ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 251 ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 252 ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 253 ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 254 FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 255 FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 256 FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 257 FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 258 UK: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 259 UK: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 260 UK: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 261 UK: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 262 TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 263 TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 264 TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 265 TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 266 SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)
  • TABLE 267 SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 268 SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)
  • TABLE 269 SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)
  • TABLE 270 REFRIGERANTS MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR MARKET PLAYERS, 2020–2024
  • TABLE 271 REFRIGERANTS MARKET: DEGREE OF COMPETITION, 2023
  • TABLE 272 REFRIGERANTS MARKET: TYPE FOOTPRINT
  • TABLE 273 REFRIGERANTS MARKET: APPLICATION FOOTPRINT
  • TABLE 274 REFRIGERANTS MARKET: REGION FOOTPRINT
  • TABLE 275 REFRIGERANTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES
  • TABLE 276 REFRIGERANTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
  • TABLE 277 REFRIGERANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–SEPTEMBER 2024
  • TABLE 278 REFRIGERANTS MARKET: DEALS, JANUARY 2020–SEPTEMBER 2024
  • TABLE 279 REFRIGERANTS MARKET: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024
  • TABLE 280 REFRIGERANTS MARKET: OTHERS, JANUARY 2020–SEPTEMBER 2024
  • TABLE 281 ARKEMA: COMPANY OVERVIEW
  • TABLE 282 ARKEMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 283 ARKEMA: DEALS
  • TABLE 284 DONGYUE GROUP LIMITED: COMPANY OVERVIEW
  • TABLE 285 DONGYUE GROUP LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 286 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW
  • TABLE 287 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 288 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
  • TABLE 289 HONEYWELL INTERNATIONAL INC.: DEALS
  • TABLE 290 HONEYWELL INTERNATIONAL INC.: EXPANSIONS
  • TABLE 291 HONEYWELL INTERNATIONAL INC.: OTHERS
  • TABLE 292 THE CHEMOURS COMPANY: COMPANY OVERVIEW
  • TABLE 293 THE CHEMOURS COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 294 THE CHEMOURS COMPANY: DEALS
  • TABLE 295 THE CHEMOURS COMPANY: EXPANSIONS
  • TABLE 296 THE CHEMOURS COMPANY: OTHERS
  • TABLE 297 LINDE PLC: COMPANY OVERVIEW
  • TABLE 298 LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 299 LINDE PLC: EXPANSIONS
  • TABLE 300 LINDE PLC: OTHERS
  • TABLE 301 SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: COMPANY OVERVIEW
  • TABLE 302 SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 303 SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: DEALS
  • TABLE 304 DAIKIN INDUSTRIES, LTD.: COMPANY OVERVIEW
  • TABLE 305 DAIKIN INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 306 DAIKIN INDUSTRIES, LTD.: DEALS
  • TABLE 307 DAIKIN INDUSTRIES, LTD.: EXPANSIONS
  • TABLE 308 ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: COMPANY OVERVIEW
  • TABLE 309 ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 310 ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: PRODUCT LAUNCHES
  • TABLE 311 ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: DEALS
  • TABLE 312 AGC INC.: COMPANY OVERVIEW
  • TABLE 313 AGC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 314 AGC INC.: PRODUCT LAUNCHES
  • TABLE 315 AGC INC.: DEALS
  • TABLE 316 AGC INC.: EXPANSIONS
  • TABLE 317 A-GAS INTERNATIONAL LIMITED: COMPANY OVERVIEW
  • TABLE 318 A-GAS INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 319 A-GAS INTERNATIONAL LIMITED: DEALS
  • TABLE 320 A-GAS INTERNATIONAL LIMITED: EXPANSIONS
  • TABLE 321 SRF LIMITED: COMPANY OVERVIEW
  • TABLE 322 GUJARAT FLUOROCHEMICALS LIMITED: COMPANY OVERVIEW
  • TABLE 323 NAVIN FLUORINE INTERNATIONAL LIMITED: COMPANY OVERVIEW
  • TABLE 324 PUYANG ZHONGWEI FINE CHEMICAL CO., LTD.: COMPANY OVERVIEW
  • TABLE 325 SHANDONG YUEAN CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW
  • TABLE 326 HARP INTERNATIONAL LTD: COMPANY OVERVIEW
  • TABLE 327 QUIMOBÁSICOS, S.A. DE C.V.: COMPANY OVERVIEW
  • TABLE 328 TAZZETTI S.P.A.: COMPANY OVERVIEW
  • TABLE 329 GAS SERVEI: COMPANY OVERVIEW
  • TABLE 330 ZHEJIANG FOTECH INTERNATIONAL CO.: COMPANY OVERVIEW
  • TABLE 331 REFRIGERANT SERVICES INC.: COMPANY OVERVIEW
  • TABLE 332 BROTHERS GAS: COMPANY OVERVIEW
  • TABLE 333 ECO-FREEZE INTERNATIONAL: COMPANY OVERVIEW
  • TABLE 334 ENGAS AUSTRALASIA: COMPANY OVERVIEW
  • TABLE 335 NATIONAL REFRIGERANTS LTD: COMPANY OVERVIEW
  • TABLE 336 INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION, 2016–2025 (USD BILLION)
  • TABLE 337 NORTH AMERICA: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
  • TABLE 338 EUROPE: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
  • TABLE 339 ASIA PACIFIC: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY, 2016–2025 (USD MILLION)
  • TABLE 340 ROW: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION, 2016–2025 (USD MILLION)
LIST OF FIGURES
 
  • FIGURE 1 REFRIGERANTS MARKET: SEGMENTATION AND REGIONAL SPREAD
  • FIGURE 2 REFRIGERANTS MARKET: RESEARCH DESIGN
  • FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS
  • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP (SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS
  • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP (DEMAND SIDE)
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 — TOP-DOWN
  • FIGURE 7 REFRIGERANTS MARKET: DATA TRIANGULATION
  • FIGURE 8 MARKET CAGR PROJECTIONS FROM SUPPLY SIDE
  • FIGURE 9 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
  • FIGURE 10 HFC & BLENDS SEGMENT ACCOUNTED FOR LARGEST SHARE OF REFRIGERANTS MARKET IN 2023
  • FIGURE 11 REFRIGERATION SYSTEMS SEGMENT TO LEAD REFRIGERANTS MARKET BETWEEN 2024 AND 2029
  • FIGURE 12 ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF REFRIGERANTS MARKET IN 2023
  • FIGURE 13 ASIA PACIFIC TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD
  • FIGURE 14 ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 15 HFC & BLENDS SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF ASIA PACIFIC REFRIGERANTS MARKET IN 2023
  • FIGURE 16 AIR CONDITIONING SYSTEMS SEGMENT LED GLOBAL REFRIGERANTS MARKET IN 2023
  • FIGURE 17 INDIA TO BE FASTEST-GROWING REFRIGERANTS MARKET DURING FORECAST PERIOD
  • FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN REFRIGERANTS MARKET
  • FIGURE 19 REFRIGERANTS MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 20 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
  • FIGURE 21 KEY BUYING CRITERIA, BY APPLICATION
  • FIGURE 22 REFRIGERANTS MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 23 AVERAGE SELLING PRICE TREND OF REFRIGERANTS OFFERED BY KEY PLAYERS, BY APPLICATION, 2023
  • FIGURE 24 AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION, 2021–2029 (USD/KG)
  • FIGURE 25 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 26 REFRIGERANTS MARKET: ECOSYSTEM MAP
  • FIGURE 27 IMPORT DATA FOR HS CODE 290317-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
  • FIGURE 28 EXPORT DATA FOR HS CODE 290317-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)
  • FIGURE 29 REFRIGERANTS MARKET: PATENTS REGISTERED, 2013–2023
  • FIGURE 30 GRANTED PATENT TRENDS, 2013–2023
  • FIGURE 31 MAJOR PATENTS RELATED TO REFRIGERANTS, 2013–2023
  • FIGURE 32 LEGAL STATUS OF PATENTS FILED FOR REFRIGERANTS
  • FIGURE 33 MAXIMUM PATENTS FILED IN US JURISDICTION, 2013-2023
  • FIGURE 34 IMPACT OF AI/GEN AI ON REFRIGERANTS MARKET
  • FIGURE 35 HFC & BLENDS TO BE LARGEST SEGMENT OF REFRIGERANTS MARKET IN 2029
  • FIGURE 36 REFRIGERATION SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024
  • FIGURE 37 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR REFRIGERANTS BETWEEN 2024 AND 2029
  • FIGURE 38 ASIA PACIFIC: REFRIGERANTS MARKET SNAPSHOT
  • FIGURE 39 NORTH AMERICA: REFRIGERANTS MARKET SNAPSHOT
  • FIGURE 40 EUROPE: REFRIGERANTS MARKET SNAPSHOT
  • FIGURE 41 REFRIGERANTS MARKET SHARE ANALYSIS, 2023
  • FIGURE 42 REFRIGERANTS MARKET: REVENUE ANALYSIS OF KEY COMPANIES, 2019–2023 (USD MILLION)
  • FIGURE 43 REFRIGERANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
  • FIGURE 44 REFRIGERANTS MARKET: COMPANY FOOTPRINT
  • FIGURE 45 REFRIGERANTS MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
  • FIGURE 46 REFRIGERANTS MARKET: BRAND/PRODUCT COMPARISON
  • FIGURE 47 REFRIGERANTS MARKET: EV/EBITDA OF KEY MANUFACTURERS
  • FIGURE 48 REFRIGERANTS MARKET: ENTERPRISE VALUATION (EV) OF KEY PLAYERS (USD BILLION)
  • FIGURE 49 ARKEMA: COMPANY SNAPSHOT
  • FIGURE 50 DONGYUE GROUP LIMITED: COMPANY SNAPSHOT
  • FIGURE 51 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
  • FIGURE 52 THE CHEMOURS COMPANY: COMPANY SNAPSHOT
  • FIGURE 53 LINDE PLC: COMPANY SNAPSHOT
  • FIGURE 54 SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: COMPANY SNAPSHOT
  • FIGURE 55 DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT
  • FIGURE 56 ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: COMPANY SNAPSHOT
  • FIGURE 57 AGC INC.: COMPANY SNAPSHOT

The study involved four major activities in estimating the market size for refrigerants. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Post that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.

Secondary Research

Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold standard & silver standard websites such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research by conducting extensive interviews with key officials such as CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:

Primary Research

The Refrigerants market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. The demand side of this market is characterized by the automotive, medical, construction and others. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative informations.

Breakdown of Primary Participants

Note: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023 available in the public domain, product portfolios, and geographical presence.

Other designations include consultants and sales, marketing, and procurement managers.

Refrigerants Market

To know about the assumptions considered for the study, download the pdf brochure

COMPANY NAME DESIGNATION
Honeywell International Inc. Director of Marketing
The Chemours Company Manager- Sales & Marketing
The Linde Group Sales Manager
Arkema Production Manager

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Refrigerants market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry have been identified through extensive secondary research.
  • The supply chain of the industry has been determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Refrigerants Market: Top-Down Approach

Refrigerants Market

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the refrigerants industry.

Market Definition

According to the International Institute of Refrigeration, refrigerants are cooling mediums that absorb heat at low temperatures and pressure and release heat at high temperatures and pressure. Fluorocarbons are the most widely used refrigerants in equipment, such as refrigerators and air conditioners. However, due to their high ozone depleting potential (ODP) and global warming potential (GWP), they are being replaced by greener refrigerants such as propane, isobutane, ammonia, and carbon dioxide, among others, such as water and propene.

Stakeholders

  • Refrigerants Manufacturers
  • Refrigerants Traders, Distributors, and Suppliers
  • End-use Market Participants of Different Segments of Refrigerants
  • Government and Research Organizations
  • Associations and Industrial Bodies
  • Research and Consulting Firms
  • R&D Institutions
  • Environment Support Agencies
  • Investment Banks and Private Equity Firms

Report Objectives

  • To define, describe, and forecast the refrigerants market in terms of value and volume
  • To provide detailed information regarding the drivers, opportunities, restraints, and challenges influencing market growth
  • To estimate and forecast the market size by type, application, and region
  • To forecast the size of the market for five main regions: Europe, North America, Asia Pacific, South America, and the Middle East & Africa, along with their key countries
  • To strategically analyze micromarkets1 with respect to their growth trends, prospects, and contribution to the overall market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To analyze competitive developments, such as deals and expansions, in the market
  • To analyze the impact of the recession on the market
  • To strategically profile key players and comprehensively analyze their growth strategies

 

Previous Versions of this Report

Refrigerants Market by Type (HFC & Blends, HFO, Isobutane, Propane), Application (Refrigeration System, Air Conditioning System, Chillers, MAC) and Region (APAC, North America, Europe, MEA, South America) - Global Forecast to 2028

Report Code CH 1536
Published in Jul, 2023, By MarketsandMarkets™

Refrigerants Market by Type (HFC & Blends, HFO, Isobutane, Propane), Application (Refrigeration System, Air Conditioning System, Chillers, MAC) and Region (APAC, North America, Europe, MEA, South America) - Global Forecast to 2027

Report Code CH 1536
Published in Jun, 2022, By MarketsandMarkets™

Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane),Application(Domestic, Industrial, Commercial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2025

Report Code CH 1536
Published in Oct, 2020, By MarketsandMarkets™

Refrigerants Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, Air, Water, Propene, Isopentane), Application (Domestic, Commercial, Industrial, Chillers, Split AC, VRF, Window, MAC), and Region - Global Forecast to 2023

Report Code CH 1536
Published in Feb, 2019, By MarketsandMarkets™

Refrigerant Market by Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, and CO2), Application (Refrigerators, Large-scale Refrigerators, Chillers, Air Conditioners, and Heat Pumps), Region - Global Forecast to 2022

Report Code CH 1536
Published in May, 2017, By MarketsandMarkets™

Refrigerants Market by Type (Fluorocarbon, Inorganics, and Hydrocarbons), and by Application (Domestic, Commercial, Transportation, Industrial, Stationary Air Conditioning, Chillers, and Mobile Air Conditioning) - Global Trends & Forecasts to 2020

Report Code CH 1536
Published in Aug, 2015, By MarketsandMarkets™

Refrigerant Market – Hydro Chlorofluorocarbons (HCFC), Hydro fluorocarbon (HFC), Hydrocarbon (HC), Inorganic (Ammonia, Carbon dioxide) - Trends & Forecasts to 2018

Report Code CH 1536
Published in May, 2013, By MarketsandMarkets™

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