Resources
About Us
Refrigerants Market Size, Share, Forecast, & Trends Analysis by Type (CFCs, HCFCs, HFCs, HCs, CO2, HFO), Application (Air-conditioning, Refrigeration, Chilling and Heating), End User (Residential, Commercial, Industrial), and Geography - Global Forecast to 2031
Report ID: MRCHM - 1041328 Pages: 250 Oct-2024 Formats*: PDF Category: Chemicals and Materials Delivery: 24 to 72 Hours Download Free Sample ReportThis market's growth is driven by the high adoption of air conditioning and refrigeration for commercial purposes and the rise in regulatory and environmental policies for sustainable refrigerants. However, flammability and toxicity issues are expected to restrain the market's growth.
The rising demand for refrigeration and storage solutions in pharmaceuticals and the growing need for refrigerants in automotive HVAC systems are expected to create market growth opportunities. However, high operational costs are a major challenge for the players operating in this market. Moreover, the increasing demand for natural refrigerants, green building certifications, and sustainable construction practices are prominent market trends in the refrigerants market.
Click here to: Get Free Sample Pages of this Report
Air conditioning systems are constantly evolving, incorporating new technologies and innovations aimed at enhancing energy efficiency, performance, air quality, connectivity, and user experience. As businesses grow and urban areas expand, the demand for effective cooling and refrigeration solutions in the commercial sector continues to rise. The commercial industry increasingly relies on air conditioning, as well as reach-in refrigerators and freezers in supermarkets, specialty food stores, convenience stores, and grocery stores. In this context, refrigerants play a crucial role in air conditioning and refrigeration systems, efficiently absorbing and releasing heat to ensure optimal temperature control and comfort in commercial spaces.
The increasing use of refrigerants plays a key role in providing reliable cooling and refrigeration, ensuring a comfortable environment for both employees and customers, which in turn enhances overall satisfaction and productivity. Several providers are responding to this demand by launching cooling systems that utilize natural refrigerants. For example, in March 2024, Panasonic Holdings Corporation (Japan) introduced three new models of commercial air-to-water (A2W) heat pumps that use environmentally friendly natural refrigerants designed for multi-dwelling units, stores, offices, and other light commercial properties.
This shift toward more efficient and eco-friendly refrigerants, such as hydrofluoroolefins (HFOs) and natural refrigerants, is being driven by regulatory changes and growing consumer preference for sustainable solutions. As a result, the market for these advanced refrigerants is growing. The increasing adoption of air conditioning and refrigeration in commercial settings is expected to further drive demand for refrigerants during the forecast period.
The automotive sector is increasingly utilizing refrigerants in HVAC systems to provide efficient cooling and heating, ensuring a comfortable environment for drivers and passengers. The growing adoption of natural refrigerants is enhancing HVAC system efficiency, helping to reduce fuel consumption and improve vehicle fuel economy. High-quality refrigerants also ensure optimal performance under various operating conditions, including changes in climate. Moreover, the use of efficient refrigerants reduces wear and tear on HVAC components, potentially lowering maintenance and repair costs over time. As a result, automotive manufacturers are increasingly turning to government-approved refrigerants to comply with environmental regulations, driving the demand for these sustainable solutions.
In automotive HVAC systems, manufacturers are increasingly shifting toward low global warming potential (GWP) refrigerants to reduce their environmental impact and align with sustainability goals. These refrigerants have substantial benefits, enhancing comfort, efficiency, safety, and environmental sustainability.
With the rising demand for low-GWP refrigerants, several providers are launching new solutions for automotive HVAC systems. For example, in September 2024, The Chemours Company (U.S.) introduced a low-GWP refrigerant retrofit solution for the automotive aftermarket, supporting the global phasedown of higher-GWP hydrofluorocarbon (HFC) refrigerants. This retrofit approach offers vehicle owners and service technicians a straightforward, safe, and cost-effective way to replace the legacy R-134a refrigerant in existing vehicles. Such innovations are expected to drive increased demand for refrigerants in automotive HVAC systems in the coming years.
Based on type, the refrigerants market is segmented into chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), hydrocarbons (HCs), ammonia, water refrigerant, carbon dioxide (CO2), hydrofluoroolefin (HFO), Iso-butane, propane, and other types. In 2024, the chlorofluorocarbons (CFCs) segment is expected to account for the largest share of over 29.0% of the refrigerants market. This segment's large market share is driven by the widespread adoption of CFC refrigerants, largely due to their low toxicity, which enhances safety in controlled environments. Additionally, the increasing use of CFCs in HVAC systems is fueled by their ability to provide long-term reliability and durability, owing to their excellent lubrication properties for compressor components.
Moreover, the chlorofluorocarbons (CFCs) segment is expected to register a higher CAGR during the forecast period.
Based on application, the refrigerants market is segmented into air-conditioning, refrigeration, chilling and heating, and other applications. In 2024, the refrigeration segment is expected to account for the largest share of over 34.0% of the refrigerants market. This segment's large market share is attributed to the growing use of refrigerants for refrigeration systems to provide efficient cooling and reduce energy use and operating costs. Refrigerants provide stable temperatures for refrigeration systems for preserving food, pharmaceuticals, and other temperature-sensitive items.
However, the air-conditioning segment is expected to register the highest CAGR during the forecast period. This segment's growth is driven by the increasing adoption of refrigerants, which efficiently absorb heat from indoor air, providing fast and effective cooling. Furthermore, the rising use of refrigerants to maintain consistent temperature and humidity levels is crucial in creating a comfortable environment for occupants.
Based on end user, the refrigerants market is segmented into residential, commercial, and industrial. In 2024, the industrial segment is expected to account for the largest share of over 35.0% of the refrigerants market. This segment's large market share is driven by the growing adoption of refrigerants across various industrial applications, including cold storage, HVAC systems, and heat exchangers. Additionally, increasing government environmental regulations in manufacturing plants, along with the rising use of government-approved refrigerants to comply with these regulations, are helping to mitigate environmental risks and enhance corporate responsibility in industrial settings.
However, the commercial segment is expected to register a higher CAGR during the forecast period. This segment's growth is driven by the increasing adoption of refrigerants in offices, retail spaces, and restaurants to provide effective cooling and maintain comfortable environments. Furthermore, the rising use of refrigerants to enhance the energy efficiency of HVAC and refrigeration systems in commercial applications is helping to reduce electricity costs, further supporting market growth.
In 2024, Asia-Pacific is expected to account for the largest share of over 42.0% of the refrigerants market. Asia-Pacific's large market share can be attributed to the increasing consumption of refrigeration and air conditioning equipment in commercial buildings and supermarkets. Additionally, rapid industrialization and urbanization in countries such as China, Japan, and India, along with a surge in construction and industrial projects that require advanced ventilation and air conditioning systems, are driving the rising demand for refrigerants in the region.
Moreover, Asia-Pacific is expected to register the highest CAGR of over 7.0% during the forecast period.
The report offers a competitive analysis based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies adopted in the last 3–4 years. Some of the key players operating in the refrigerants market are Honeywell International Inc. (U.S.), Daikin Industries, Ltd. (Japan), Linde plc (Ireland), L’AIR LIQUIDE S.A. (France), A‑Gas International Limited (U.K.), The Chemours Company (U.S.), Tazzetti S.p.A. (Italy), AGC Inc. (Japan), DuPont de Nemours, Inc. (U.S.), Arkema Group (France), Dongyue Group Limited (China), Sinochem Group Co., Ltd. (China), SRF LIMITED (India), Gujarat Fluorochemicals Limited (India), and Engas Pty Ltd (Australia).
Particulars |
Details |
Number of Pages |
250 |
Format |
|
Forecast Period |
2024–2031 |
Base Year |
2023 |
CAGR (Value) |
5.8% |
Market Size (Value) |
USD 10.5 billion by 2031 |
Segments Covered |
By Offering
By Application
By End User
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Saudi Arabia, Israel, and Rest of Middle East & Africa). |
Key Companies |
Honeywell International Inc. (U.S.), Daikin Industries, Ltd. (Japan), Linde plc (Ireland), L’AIR LIQUIDE S.A. (France), A‑Gas International Limited (U.K.), The Chemours Company (U.S.), Tazzetti S.p.A. (Italy), AGC Inc. (Japan), DuPont de Nemours, Inc.(U.S.), Arkema Group (France), Dongyue Group Limited (China), Sinochem Group Co., Ltd. (China), SRF LIMITED (India), Gujarat Fluorochemicals Limited (India), and Engas Pty Ltd (Australia) |
The refrigerants market study focuses on market assessment and opportunity analysis through the sales of refrigerants across different regions and countries across different market segmentations. This study is also focused on competitive analysis for refrigerants based on an extensive assessment of the leading players’ product portfolios, geographic presence, and key growth strategies.
The refrigerants market is projected to reach $10.5 billion by 2031, at a CAGR of 5.8% from 2024 to 2031.
In 2024, the chlorofluorocarbons (CFCs) segment is expected to account for the larger share of over 29.0% of the refrigerants market. The segment's large market share is attributed to the high use of CFC refrigerants due to easy use in exiting refrigeration and AC systems with minimal modification and the rise in adoption of CFCs to reduce the risk of fire hazards in HVAC and refrigeration systems compared to some alternative refrigerants.
The commercial segment is expected to register the highest CAGR during the forecast period. This segment's rapid growth is attributed to the rising use of refrigerants for air conditioning in various commercial settings such as supermarkets, restaurants, and office buildings, increasing consumption of frozen and packaged foods, and growing demand for natural refrigerants for refrigeration in commercial applications.
The growth of this market is driven by the high adoption of air conditioning and refrigeration for commercial purposes and the rise in regulatory and environmental policies for sustainable refrigerants. The rising demand for refrigeration and storage solutions in pharmaceuticals and the growing need for refrigerants in automotive HVAC systems are expected to create market growth opportunities.
The key players operating in the refrigerants market are Honeywell International Inc. (U.S.), Daikin Industries, Ltd. (Japan), Linde plc (Ireland), L’AIR LIQUIDE S.A. (France), A?Gas International Limited (U.K.), The Chemours Company (U.S.), Tazzetti S.p.A. (Italy), AGC Inc. (Japan), DuPont de Nemours, Inc. (U.S.), Arkema Group (France), Dongyue Group Limited (China), Sinochem Group Co., Ltd. (China), SRF LIMITED (India), Gujarat Fluorochemicals Limited (India), and Engas Pty Ltd (Australia).
Asia-Pacific is expected to register the highest CAGR of over 7.0% during the forecast period. This market's growth is attributed to the rising industrial development and economic growth in the region and the Increasing demand for efficient refrigeration solutions in industries such as food processing, pharmaceuticals, and logistics.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Data Collection and Validation Process
2.2.1. Secondary Research
2.2.2. Primary Research /Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecast
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Market Overview
3.2. Market Analysis, by Type
3.3. Market Analysis, by Application
3.4. Market Analysis, by End User
3.5. Market Analysis, by Geography
3.6. Competitive Analysis
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. High Adoption of Air Conditioning and Refrigeration for Commercial Purposes
4.2.1.2. Rise in Regulatory and Environmental Policies for Sustainable Refrigerants
4.2.2. Restraint
4.2.2.1. Flammability and Toxicity Issue
4.2.3. Opportunities
4.2.3.1. Rising Demand for Refrigeration and Storage Solutions in Pharmaceuticals
4.2.3.2. Growing Need for Refrigerants in Automotive HVAC Systems
4.2.4. Challenge
4.2.4.1. High Operational Costs
4.3. Trends
4.3.1. Increasing Demand for Natural Refrigerants
4.3.2. Increasing Green Building Certifications and Sustainable Construction Practices
4.4. Case Studies
4.4.1. Case Study A
4.4.2. Case Study B
4.4.3. Case Study C
4.5. Pricing Analysis
4.6. Regulatory Analysis
4.7. Supply Chain Analysis
4.8. Porter’s Five Forces Analysis
4.8.1. Bargaining Power of Buyers
4.8.2. Bargaining Power of Suppliers
4.8.3. Threat of Substitutes
4.8.4. Threat of New Entrants
4.8.5. Degree of Competition
4.9. Patent Analysis
5. Refrigerants Market Assessment—by Type
5.1. Overview
5.2. Chlorofluorocarbons (CFCs)
5.3. Hydrochlorofluorocarbons (HCFCs)
5.4. Hydrofluorocarbons (HFCs)
5.5. Hydrocarbons (HCs)
5.6. Ammonia
5.7. Water Refrigerant
5.8. Carbon Dioxide (CO2)
5.9. Hydrofluoroolefin (HFO)
5.10. Iso-Butane
5.11. Propane
5.12. Other Types
6. Refrigerants Market Assessment—by Application
6.1. Overview
6.2. Air-conditioning
6.2.1. Split ACs
6.2.2. Window ACs
6.2.3. Centralized/Ducted ACs
6.2.4. VRF (Variable Refrigerant Flow) Systems
6.2.5. Portable AC
6.3. Refrigeration
6.4. Chilling and Heating
6.5. Other Applications
7. Refrigerants Market Assessment—by End User
7.1. Overview
7.2. Residential
7.3. Commercial
7.3.1. Supermarkets
7.3.2. Warehouses
7.3.3. Hospitality
7.3.4. Transportation
7.3.5. Healthcare
7.3.6. Food Service
7.4. Industrial
7.4.1. Food & Beverage
7.4.2. Automotive
7.4.3. Chemical & Petrochemical
7.4.4. Medical & Pharmaceutical
7.4.5. Agriculture
7.4.6. Power Generation
7.4.7. Other Industries
7.5. Data Centers
8. Refrigerants Market Assessment—by Geography
8.1. Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Netherlands
8.3.6. Spain
8.3.7. Sweden
8.3.8. Rest of Europe
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. South Korea
8.4.5. Singapore
8.4.6. Australia & New Zealand
8.4.7. Indonesia
8.4.8. Rest of Asia-Pacific
8.5. Latin America
8.5.1. Mexico
8.5.2. Brazil
8.5.3. Rest of Latin America
8.6. Middle East & Africa
8.6.1. UAE
8.6.2. Saudi Arabia
8.6.3. Israel
8.6.4. Rest of Middle East & Africa
9. Competition Analysis
9.1. Overview
9.2. Key Growth Strategies
9.3. Competitive Benchmarking
9.4. Competitive Dashboard
9.4.1. Industry Leaders
9.4.2. Market Differentiators
9.4.3. Vanguards
9.4.4. Emerging Companies
9.5. Market Ranking, by Key Players
10. Company Profiles (Company Overview, Financial Overview, Product Portfolio, Strategic Development, and SWOT Analysis*)
10.1. Honeywell International Inc.
10.2. Daikin Industries, Ltd.
10.3. Linde plc
10.4. L’AIR LIQUIDE S.A.
10.5. A‑Gas International Limited
10.6. The Chemours Company
10.7. Tazzetti S.p.A.
10.8. AGC Inc.
10.9. DuPont de Nemours, Inc.
10.10. Arkema Group
10.11. Dongyue Group Limited
10.12. Sinochem Group Co., Ltd.
10.13. SRF LIMITED
10.14. Gujarat Fluorochemicals Limited
10.15. Engas Pty Ltd
( Note: SWOT Analysis Will Be Provided for the Top 5 Companies )
11. Appendix
11.1. Available Customization
11.2. Related Reports
List of Tables
Table 1 Currency Conversion Rate (2019–2023)
Table 2 Global Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 3 Global Chlorofluorocarbons (CFCs) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Hydrochlorofluorocarbons (HCFCs) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Hydrofluorocarbons (HFCs) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Hydrocarbons (HCs) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Ammonia Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Water Refrigerant Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Carbon Dioxide (CO2) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Hydrofluoroolefin (HFO) Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Iso-Butane Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Propane Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Other Refrigerants Types Market, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 15 Global Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 16 Global Refrigerants Market for Air-conditioning, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Refrigerants Market for Split ACs, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Refrigerants Market for Window ACs, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Refrigerants Market for Centralized/Ducted ACs, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Refrigerants Market for VRF (Variable Refrigerant Flow) Systems, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Refrigerants Market for Portable AC, by Country/Region, 2022–2031 (USD Million)
Table 22 Global Refrigerants Market for Refrigeration, by Country/Region, 2022–2031 (USD Million)
Table 23 Global Refrigerants Market for Chilling and Heating, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Refrigerants Market for Other Applications, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 26 Global Refrigerants Market for Residential, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 28 Global Refrigerants Market for Commercial, by Country/Region, 2022–2031 (USD Million)
Table 29 Global Refrigerants Market for Supermarkets, by Country/Region, 2022–2031 (USD Million)
Table 30 Global Refrigerants Market for Warehouses, by Country/Region, 2022–2031 (USD Million)
Table 31 Global Refrigerants Market for Hospitality, by Country/Region, 2022–2031 (USD Million)
Table 32 Global Refrigerants Market for Transportation, by Country/Region, 2022–2031 (USD Million)
Table 33 Global Refrigerants Market for Healthcare, by Country/Region, 2022–2031 (USD Million)
Table 34 Global Refrigerants Market for Food Service, by Country/Region, 2022–2031 (USD Million)
Table 35 Global Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 36 Global Refrigerants Market for Industrial, by Country/Region, 2022–2031 (USD Million)
Table 37 Global Refrigerants Market for Food & Beverage, by Country/Region, 2022–2031 (USD Million)
Table 38 Global Refrigerants Market for Automotive, by Country/Region, 2022–2031 (USD Million)
Table 39 Global Refrigerants Market for Chemical & Petrochemical, by Country/Region, 2022–2031 (USD Million)
Table 40 Global Refrigerants Market for Medical & Pharmaceutical, by Country/Region, 2022–2031 (USD Million)
Table 41 Global Refrigerants Market for Agriculture, by Country/Region, 2022–2031 (USD Million)
Table 42 Global Refrigerants Market for Power Generation, by Country/Region, 2022–2031 (USD Million)
Table 43 Global Refrigerants Market for Other Industries, by Country/Region, 2022–2031 (USD Million)
Table 44 Global Refrigerants Market for Data Centers, by Country/Region, 2022–2031 (USD Million)
Table 45 Global Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 46 North America: Refrigerants Market, by Country, 2022–2031 (USD Million)
Table 47 North America: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 48 North America: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 49 North America: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 50 North America: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 51 North America: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 52 North America: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 53 U.S.: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 54 U.S.: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 55 U.S.: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 56 U.S.: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 57 U.S.: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 58 U.S.: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 59 Canada: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 60 Canada: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 61 Canada: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 62 Canada: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 63 Canada: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 64 Canada: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 65 Europe: Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 66 Europe: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 67 Europe: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 68 Europe: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 69 Europe: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 70 Europe: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 71 Europe: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 72 Germany: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 73 Germany: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 74 Germany: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 75 Germany: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 76 Germany: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 77 Germany: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 78 U.K.: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 79 U.K.: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 80 U.K.: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 81 U.K.: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 82 U.K.: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 83 U.K.: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 84 France: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 85 France: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 86 France: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 87 France: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 88 France: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 89 France: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 90 Italy: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 91 Italy: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 92 Italy: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 93 Italy: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 94 Italy: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 95 Italy: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 96 Netherlands: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 97 Netherlands: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 98 Netherlands: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 99 Netherlands: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 100 Netherlands: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 101 Netherlands: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 102 Spain: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 103 Spain: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 104 Spain: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 105 Spain: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 106 Spain: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 107 Spain: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 108 Sweden: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 109 Sweden: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 110 Sweden: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 111 Sweden: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 112 Sweden: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 113 Sweden: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 114 Rest of Europe: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 115 Rest of Europe: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 116 Rest of Europe: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 117 Rest of Europe: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 118 Rest of Europe: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 119 Rest of Europe: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 120 Asia-Pacific: Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 121 Asia-Pacific: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 122 Asia-Pacific: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 123 Asia-Pacific: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 124 Asia-Pacific: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 125 Asia-Pacific: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 126 Asia-Pacific: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 127 Japan: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 128 Japan: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 129 Japan: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 130 Japan: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 131 Japan: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 132 Japan: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 133 China: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 134 China: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 135 China: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 136 China: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 137 China: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 138 China: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 139 India: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 140 India: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 141 India: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 142 India: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 143 India: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 144 India: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 145 South Korea: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 146 South Korea: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 147 South Korea: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 148 South Korea: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 149 South Korea: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 150 South Korea: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 151 Singapore: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 152 Singapore: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 153 Singapore: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 154 Singapore: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 155 Singapore: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 156 Singapore: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 157 Australia & New Zealand: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 158 Australia & New Zealand: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 159 Australia & New Zealand: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 160 Australia & New Zealand: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 161 Australia & New Zealand: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 162 Australia & New Zealand: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 163 Indonesia: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 164 Indonesia: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 165 Indonesia: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 166 Indonesia: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 167 Indonesia: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 168 Indonesia: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 169 Rest of Asia-Pacific: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 170 Rest of Asia-Pacific: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 171 Rest of Asia-Pacific: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 172 Rest of Asia-Pacific: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 173 Rest of Asia-Pacific: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 174 Rest of Asia-Pacific: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 175 Latin America: Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 176 Latin America: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 177 Latin America: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 178 Latin America: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 179 Latin America: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 180 Latin America: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 181 Latin America: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 182 Mexico: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 183 Mexico: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 184 Mexico: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 185 Mexico: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 186 Mexico: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 187 Mexico: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 188 Brazil: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 189 Brazil: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 190 Brazil: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 191 Brazil: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 192 Brazil: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 193 Brazil: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 194 Rest of Latin America: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 195 Rest of Latin America: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 196 Rest of Latin America: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 197 Rest of Latin America: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 198 Rest of Latin America: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 199 Rest of Latin America: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 200 Middle East & Africa: Refrigerants Market, by Country/Region, 2022–2031 (USD Million)
Table 201 Middle East & Africa: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 202 Middle East & Africa: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 203 Middle East & Africa: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 204 Middle East & Africa: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 205 Middle East & Africa: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 206 Middle East & Africa: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 207 UAE: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 208 UAE: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 209 UAE: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 210 UAE: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 211 UAE: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 212 UAE: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 213 Saudi Arabia: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 214 Saudi Arabia: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 215 Saudi Arabia: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 216 Saudi Arabia: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 217 Saudi Arabia: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 218 Saudi Arabia: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 219 Israel: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 220 Israel: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 221 Israel: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 222 Israel: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 223 Israel: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 224 Israel: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 225 Rest of Middle East & Africa: Refrigerants Market, by Type, 2022–2031 (USD Million)
Table 226 Rest of Middle East & Africa: Refrigerants Market, by Application, 2022–2031 (USD Million)
Table 227 Rest of Middle East & Africa: Refrigerants Market for Air-conditioning, by Type, 2022–2031 (USD Million)
Table 228 Rest of Middle East & Africa: Refrigerants Market, by End User, 2022–2031 (USD Million)
Table 229 Rest of Middle East & Africa: Refrigerants Market for Commercial, by Type, 2022–2031 (USD Million)
Table 230 Rest of Middle East & Africa: Refrigerants Market for Industrial, by Type, 2022–2031 (USD Million)
Table 231 Recent Developments by Major Market Players (2021–2024)
Table 232 Market Ranking, by Key Players
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-Side & Demand-Side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 In 2024, the Chlorofluorocarbons (CFCs) Segment is Expected to Dominate the Global Refrigerants Market
Figure 11 In 2024, the Refrigeration Segment is Expected to Dominate the Global Refrigerants Market
Figure 12 In 2024, the Industrial Segment is Expected to Dominate the Global Refrigerants Market
Figure 13 Global Refrigerants Market, by Region (2024 Vs. 2031)
Figure 14 Impact Analysis Of Market Dynamics
Figure 15 Global Refrigerants Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 16 Global Refrigerants Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 17 Global Refrigerants Market, by End User, 2024 Vs. 2031 (USD Million)
Figure 18 Global Refrigerants Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 19 Geographic Snapshot: Refrigerants Market In North America
Figure 20 Geographic Snapshot: Refrigerants Market In Europe
Figure 21 Geographic Snapshot: Refrigerants Market In Asia-Pacific
Figure 22 Geographic Snapshot: Refrigerants Market In Latin America
Figure 23 Geographic Snapshot: Refrigerants Market In Middle East & Africa
Figure 24 Growth Strategies Adopted by Leading Market Player (2021–2024)
Figure 25 Competitive Benchmarking Analysis (2021–2024)
Figure 26 Competitive Dashboard: Refrigerants Market
Figure 27 Honeywell International Inc.: Financial Overview (2022)
Figure 28 Daikin Industries, Ltd.: Financial Overview (2022)
Figure 29 Linde plc: Financial Overview (2022)
Figure 30 L’AIR LIQUIDE S.A.: Financial Overview (2022)
Figure 31 The Chemours Company: Financial Overview (2022)
Figure 32 AGC Inc.: Financial Overview (2022)
Figure 33 DuPont de Nemours, Inc.: Financial Overview (2022)
Figure 34 Arkema Group: Financial Overview (2022)
Figure 35 Dongyue Group Limited: Financial Overview (2022)
Figure 36 SRF LIMITED: Financial Overview (2022)
Figure 37 Gujarat Fluorochemicals Limited: Financial Overview (2022)
Published Date: Jun-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates