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Refrigerant Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2024-2032

Refrigerant Market by Type (Fluorocarbons, Hydrocarbons, Inorganic Refrigerants), by Application (Air Conditioning, Refrigeration, Others), by End-Use Industry (Industrial, Commercial, Domestic), by North America (U.S., Canada) Forecast 2024-2032

Oct 10 2024
Base Year: 2023
180 Pages
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Refrigerant Market Future-proof Strategies: Trends, Competitor Dynamics, and Opportunities 2024-2032

Key Insights

The Refrigerant Market size was valued at USD 22.47 USD Billion in 2023 and is projected to reach USD 30.58 USD Billion by 2032, exhibiting a CAGR of 4.5 % during the forecast period.Low emission refrigerants are compound's naturally acquired through different stages of the nature's cycle. The chief natural refrigerants include ammonia, carbon dioxide and hydrocarbons among others. Natural refrigerants, as alternative refrigerants for refrigeration and air-conditioning systems, are responsible for emissions of greenhouse gases that global warming. Green and heat absorbed earthly cooling agents produce several advantages through their life cycle when compared to the traditional chemical refrigerants. Among the main natural refrigerants are hydrocarbons, carbon dioxide, water and ammonia. Chopping them instead of regular refrigerants give your system a great advantage by making it much more sustainable and future-proof. By contrast, substitution of natural refrigerants will decrease power consumption, and costs of keeping these systems on track are much cheaper. Natural coolants like propylene, ammonia, or propane are also cheaper than chemicals like hydrofluorocarbons or hydrochlorofluorocarbons.

Refrigerant Market Research Report - Market Size, Growth & Forecast

Refrigerant Trends

  • Rising awareness about the environmental impact of HFCs (Hydrofluorocarbons) is driving the adoption of more eco-friendly refrigerants, such as HFOs (Hydrofluoroolefins), HCs (Hydrocarbons), and NH3 (Ammonia).
  • Technological advancements in refrigeration systems, such as the development of variable refrigerant flow (VRF) systems, are increasing the efficiency and reducing the refrigerant consumption.

Driving Forces: What's Propelling the Refrigerant Market

  • Stringent regulations on the production and use of HFCs to mitigate their greenhouse gas emissions
  • Growing demand for air conditioning and refrigeration systems in developing countries, particularly in the Asia-Pacific region
  • Increasing adoption of eco-friendly refrigerants due to rising environmental concerns
  • Rising population and urbanization leading to increased demand for cooling appliances and systems

Challenges and Restraints in Refrigerant Market

  • Elevated costs associated with the research and development of environmentally sustainable refrigerants
  • Compatibility concerns and safety considerations related to the adoption of alternative refrigerants
  • Strict regulations and certifications governing the handling, usage, and disposal of refrigerants

Emerging Trends in Refrigerant

  • Development of low-GWP refrigerants, such as R-32, R-454B, and R-1234yf, with lower global warming potential
  • Adoption of natural refrigerants, such as CO2, ammonia, and hydrocarbons, due to their environmental friendliness
  • Use of refrigerant blends to optimize performance and minimize environmental impact

Growth Catalysts in Refrigerant Industry

Refrigerant Market Growth
  • Government initiatives and incentives to promote the adoption of eco-friendly refrigerants
  • Research and development efforts to develop more sustainable and efficient refrigerant solutions
  • Increasing investments in the production and distribution of alternative refrigerants

Market Segmentation: Refrigerant Analysis

Type

  • Fluorocarbons
  • Hydrocarbons
  • Inorganic Refrigerants

Application

  • Air Conditioning
  • Refrigeration
  • Others (food processing, industrial processes)

End-Use Industry

  • Industrial
  • Commercial
  • Domestic

Leading Players in the Refrigerant Market

  • Air Liquide Advanced Technologies (France)
  • Linde plc (Ireland)
  • A-Gas (England)
  • The Chemours Company (U.S.)
  • Tazzetti S.p.A. (Piedmont)
  • AGC Inc. (Japan)
  • DuPont (U.S.)
  • Honeywell International Inc. (U.S.)
  • Arkema (France)
  • DAIKIN INDUSTRIES, Ltd. (Japan)

Significant developments in Refrigerant Sector

February 2023: Linde, a global multinational chemical company, declared that it invested USD 1.8 billion and signed a contract to provide clean hydrogen and other industrial gases to OCI's new world scale blue ammonia facility in Beaumont, Texas. The Beaumont plant aims to build and strengthen the world's leading platform for clean fuels and blue ammonia.

July 2020: Linde Group built a new Air Separation Unit (ASU) and the first of 3 nitrogen generators for a 15-year agreement to offer ultra-high purity industrial gases to a significant electronics consumer in Taiwan.

June 2020: AGC, a world-leading manufacturer of chemical, glass, and high-tech materials, was felicitated with the environment award in the 19th Green and Sustainable Chemistry Awards ceremony. The award was accorded in recognition of the outstanding environmental technology of AGC's AMOLEA that shows the low environmental impact of HFO products.

Comprehensive Coverage Refrigerant Market Report

Regional Segmentation: Extensive analysis of key regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa

Consumer Analysis: In-depth exploration of key consumer demographics, preferences, and behavior

Demand Analysis: Detailed assessment of industry demand, end-user consumption patterns, and application-specific trends

Trade Dynamics: Identification of major importing and exporting countries, analysis of trade flows and patterns

Pricing Strategies: Examination of pricing models, regional price variations, and competitive analysis

Market Segmentation: Granular segmentation based on refrigerant type, application, end-use industry, and geographic region

Refrigerant Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5% from 2018-2032
Segmentation
    • By Type
      • Fluorocarbons
      • Hydrocarbons
      • Inorganic Refrigerants
    • By Application
      • Air Conditioning
      • Refrigeration
      • Others
    • By End-Use Industry
      • Industrial
      • Commercial
      • Domestic
  • By Geography
    • North America
      • U.S.
      • Canada

Frequently Asked Questions

Table Of Content
  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Expanding Packaging Industry to Propel the Market Growth
      • 3.3. Market Restrains
        • 3.3.1. Flammability and Toxicity Issues are Likely to Restrain the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Rising Emphasis on Environmentally Sustainable Iron Production to Create New Growth Opportunities
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Refrigerant Market Analysis, Insights and Forecast, 2018-2030
    • 5.1. Market Analysis, Insights and Forecast - by Type
      • 5.1.1. Fluorocarbons
      • 5.1.2. Hydrocarbons
      • 5.1.3. Inorganic Refrigerants
    • 5.2. Market Analysis, Insights and Forecast - by Application
      • 5.2.1. Air Conditioning
      • 5.2.2. Refrigeration
      • 5.2.3. Others
    • 5.3. Market Analysis, Insights and Forecast - by End-Use Industry
      • 5.3.1. Industrial
      • 5.3.2. Commercial
      • 5.3.3. Domestic
    • 5.4. Market Analysis, Insights and Forecast - by Region
      • 5.4.1. North America
  6. 6. North America Refrigerant Market Analysis, Insights and Forecast, 2018-2030
      • 6.1. Market Analysis, Insights and Forecast - By Type
        • 6.1.1 Fluorocarbons
        • 6.1.2 Hydrocarbons
        • 6.1.3 and Inorganic Refrigerants
      • 6.2. Market Analysis, Insights and Forecast - By Application
        • 6.2.1 Air Conditioning
        • 6.2.2 Refrigeration
        • 6.2.3 and Others
      • 6.3. Market Analysis, Insights and Forecast - By End-Use Industry
        • 6.3.1 Industrial
        • 6.3.2 Commercial
        • 6.3.3 and Domestic
      • 6.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 6.4.1 United States
        • 6.4.2 Canada
        • 6.4.3 Mexico
  7. 7. South America Refrigerant Market Analysis, Insights and Forecast, 2018-2030
      • 7.1. Market Analysis, Insights and Forecast - By Type
        • 7.1.1 Fluorocarbons
        • 7.1.2 Hydrocarbons
        • 7.1.3 and Inorganic Refrigerants
      • 7.2. Market Analysis, Insights and Forecast - By Application
        • 7.2.1 Air Conditioning
        • 7.2.2 Refrigeration
        • 7.2.3 and Others
      • 7.3. Market Analysis, Insights and Forecast - By End-Use Industry
        • 7.3.1 Industrial
        • 7.3.2 Commercial
        • 7.3.3 and Domestic
      • 7.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 7.4.1 Brazil
        • 7.4.2 Argentina
        • 7.4.3 Rest of South America
  8. 8. Europe Refrigerant Market Analysis, Insights and Forecast, 2018-2030
      • 8.1. Market Analysis, Insights and Forecast - By Type
        • 8.1.1 Fluorocarbons
        • 8.1.2 Hydrocarbons
        • 8.1.3 and Inorganic Refrigerants
      • 8.2. Market Analysis, Insights and Forecast - By Application
        • 8.2.1 Air Conditioning
        • 8.2.2 Refrigeration
        • 8.2.3 and Others
      • 8.3. Market Analysis, Insights and Forecast - By End-Use Industry
        • 8.3.1 Industrial
        • 8.3.2 Commercial
        • 8.3.3 and Domestic
      • 8.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 8.4.1 Germany
        • 8.4.2 France
        • 8.4.3 Italy
        • 8.4.4 United Kingdom
        • 8.4.5 Netherlands
        • 8.4.6 Rest of Europe
  9. 9. Asia Pacific Refrigerant Market Analysis, Insights and Forecast, 2018-2030
      • 9.1. Market Analysis, Insights and Forecast - By Type
        • 9.1.1 Fluorocarbons
        • 9.1.2 Hydrocarbons
        • 9.1.3 and Inorganic Refrigerants
      • 9.2. Market Analysis, Insights and Forecast - By Application
        • 9.2.1 Air Conditioning
        • 9.2.2 Refrigeration
        • 9.2.3 and Others
      • 9.3. Market Analysis, Insights and Forecast - By End-Use Industry
        • 9.3.1 Industrial
        • 9.3.2 Commercial
        • 9.3.3 and Domestic
      • 9.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 9.4.1 China
        • 9.4.2 Japan
        • 9.4.3 India
        • 9.4.4 South Korea
        • 9.4.5 Taiwan
        • 9.4.6 Australia
        • 9.4.7 Rest of Asia-Pacific
  10. 10. MEA Refrigerant Market Analysis, Insights and Forecast, 2018-2030
      • 10.1. Market Analysis, Insights and Forecast - By Type
        • 10.1.1 Fluorocarbons
        • 10.1.2 Hydrocarbons
        • 10.1.3 and Inorganic Refrigerants
      • 10.2. Market Analysis, Insights and Forecast - By Application
        • 10.2.1 Air Conditioning
        • 10.2.2 Refrigeration
        • 10.2.3 and Others
      • 10.3. Market Analysis, Insights and Forecast - By End-Use Industry
        • 10.3.1 Industrial
        • 10.3.2 Commercial
        • 10.3.3 and Domestic
      • 10.4. Market Analysis, Insights and Forecast - By Country/Sub-region
        • 10.4.1 Middle East
        • 10.4.2 Africa
  11. 11. Competitive Analysis
    • 11.1. Global Market Share Analysis 2023
      • 11.2. Company Profiles
        • 11.2.1 Air Liquide Advanced Technologies (France)
          • 11.2.1.1. Overview
          • 11.2.1.2. Products
          • 11.2.1.3. SWOT Analysis
          • 11.2.1.4. Recent Developments
          • 11.2.1.5. Financials (Based on Availability)
        • 11.2.2 Linde plc (Ireland)
          • 11.2.2.1. Overview
          • 11.2.2.2. Products
          • 11.2.2.3. SWOT Analysis
          • 11.2.2.4. Recent Developments
          • 11.2.2.5. Financials (Based on Availability)
        • 11.2.3 A-Gas (England)
          • 11.2.3.1. Overview
          • 11.2.3.2. Products
          • 11.2.3.3. SWOT Analysis
          • 11.2.3.4. Recent Developments
          • 11.2.3.5. Financials (Based on Availability)
        • 11.2.4 The Chemours Company (U.S.)
          • 11.2.4.1. Overview
          • 11.2.4.2. Products
          • 11.2.4.3. SWOT Analysis
          • 11.2.4.4. Recent Developments
          • 11.2.4.5. Financials (Based on Availability)
        • 11.2.5 Tazzetti S.p.A. (Piedmont)
          • 11.2.5.1. Overview
          • 11.2.5.2. Products
          • 11.2.5.3. SWOT Analysis
          • 11.2.5.4. Recent Developments
          • 11.2.5.5. Financials (Based on Availability)
        • 11.2.6 AGC Inc. (Japan)
          • 11.2.6.1. Overview
          • 11.2.6.2. Products
          • 11.2.6.3. SWOT Analysis
          • 11.2.6.4. Recent Developments
          • 11.2.6.5. Financials (Based on Availability)
        • 11.2.7 DuPont (U.S.)
          • 11.2.7.1. Overview
          • 11.2.7.2. Products
          • 11.2.7.3. SWOT Analysis
          • 11.2.7.4. Recent Developments
          • 11.2.7.5. Financials (Based on Availability)
        • 11.2.8 Honeywell International Inc. (U.S.)
          • 11.2.8.1. Overview
          • 11.2.8.2. Products
          • 11.2.8.3. SWOT Analysis
          • 11.2.8.4. Recent Developments
          • 11.2.8.5. Financials (Based on Availability)
        • 11.2.9 Arkema (France)
          • 11.2.9.1. Overview
          • 11.2.9.2. Products
          • 11.2.9.3. SWOT Analysis
          • 11.2.9.4. Recent Developments
          • 11.2.9.5. Financials (Based on Availability)
        • 11.2.10 DAIKIN INDUSTRIES Ltd.s (Japan)
          • 11.2.10.1. Overview
          • 11.2.10.2. Products
          • 11.2.10.3. SWOT Analysis
          • 11.2.10.4. Recent Developments
          • 11.2.10.5. Financials (Based on Availability)
List of Figures
  1. Figure 1: Global Refrigerant Market Revenue Breakdown (USD Billion, %) by Region 2023 & 2031
  2. Figure 2: Global Refrigerant Market Volume Breakdown (Kiloton, %) by Region 2023 & 2031
  3. Figure 3: Global Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  4. Figure 4: Global Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  5. Figure 5: Global Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  6. Figure 6: Global Refrigerant Market Volume Share (%), by Type 2023 & 2031
  7. Figure 7: Global Refrigerant Market Forecast (USD Billion), by Fluorocarbons 2020 & 2031
  8. Figure 8: Global Refrigerant Market Forecast (Kiloton), by Fluorocarbons 2020 & 2031
  9. Figure 9: Global Refrigerant Market Forecast (USD Billion), by Hydrocarbons 2020 & 2031
  10. Figure 10: Global Refrigerant Market Forecast (Kiloton), by Hydrocarbons 2020 & 2031
  11. Figure 11: Global Refrigerant Market Forecast (USD Billion), by Inorganic Refrigerants 2020 & 2031
  12. Figure 12: Global Refrigerant Market Forecast (Kiloton), by Inorganic Refrigerants 2020 & 2031
  13. Figure 13: Global Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  14. Figure 14: Global Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  15. Figure 15: Global Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  16. Figure 16: Global Refrigerant Market Volume Share (%), by Application 2023 & 2031
  17. Figure 17: Global Refrigerant Market Forecast (USD Billion), by Air Conditioning 2020 & 2031
  18. Figure 18: Global Refrigerant Market Forecast (Kiloton), by Air Conditioning 2020 & 2031
  19. Figure 19: Global Refrigerant Market Forecast (USD Billion), by Refrigeration 2020 & 2031
  20. Figure 20: Global Refrigerant Market Forecast (Kiloton), by Refrigeration 2020 & 2031
  21. Figure 21: Global Refrigerant Market Forecast (USD Billion), by Others 2020 & 2031
  22. Figure 22: Global Refrigerant Market Forecast (Kiloton), by Others 2020 & 2031
  23. Figure 23: Global Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  24. Figure 24: Global Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  25. Figure 25: Global Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  26. Figure 26: Global Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  27. Figure 27: Global Refrigerant Market Forecast (USD Billion), by Industrial 2020 & 2031
  28. Figure 28: Global Refrigerant Market Forecast (Kiloton), by Industrial 2020 & 2031
  29. Figure 29: Global Refrigerant Market Forecast (USD Billion), by Commercial 2020 & 2031
  30. Figure 30: Global Refrigerant Market Forecast (Kiloton), by Commercial 2020 & 2031
  31. Figure 31: Global Refrigerant Market Forecast (USD Billion), by Domestic 2020 & 2031
  32. Figure 32: Global Refrigerant Market Forecast (Kiloton), by Domestic 2020 & 2031
  33. Figure 33: Global Refrigerant Market Revenue (USD Billion), by Region 2023 & 2031
  34. Figure 34: Global Refrigerant Market Volume (Kiloton), by Region 2023 & 2031
  35. Figure 35: Global Refrigerant Market Revenue Share (%), by Region 2023 & 2031
  36. Figure 36: Global Refrigerant Market Volume Share (%), by Region 2023 & 2031
  37. Figure 37: North America Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  38. Figure 38: North America Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  39. Figure 39: North America Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  40. Figure 40: North America Refrigerant Market Volume Share (%), by Type 2023 & 2031
  41. Figure 41: North America Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  42. Figure 42: North America Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  43. Figure 43: North America Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  44. Figure 44: North America Refrigerant Market Volume Share (%), by Application 2023 & 2031
  45. Figure 45: North America Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  46. Figure 46: North America Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  47. Figure 47: North America Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  48. Figure 48: North America Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  49. Figure 49: North America Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  50. Figure 50: North America Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  51. Figure 51: North America Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  52. Figure 52: North America Refrigerant Market Volume Share (%), by Country 2023 & 2031
  53. Figure 53: South America Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  54. Figure 54: South America Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  55. Figure 55: South America Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  56. Figure 56: South America Refrigerant Market Volume Share (%), by Type 2023 & 2031
  57. Figure 57: South America Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  58. Figure 58: South America Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  59. Figure 59: South America Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  60. Figure 60: South America Refrigerant Market Volume Share (%), by Application 2023 & 2031
  61. Figure 61: South America Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  62. Figure 62: South America Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  63. Figure 63: South America Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  64. Figure 64: South America Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  65. Figure 65: South America Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  66. Figure 66: South America Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  67. Figure 67: South America Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  68. Figure 68: South America Refrigerant Market Volume Share (%), by Country 2023 & 2031
  69. Figure 69: Europe Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  70. Figure 70: Europe Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  71. Figure 71: Europe Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  72. Figure 72: Europe Refrigerant Market Volume Share (%), by Type 2023 & 2031
  73. Figure 73: Europe Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  74. Figure 74: Europe Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  75. Figure 75: Europe Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  76. Figure 76: Europe Refrigerant Market Volume Share (%), by Application 2023 & 2031
  77. Figure 77: Europe Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  78. Figure 78: Europe Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  79. Figure 79: Europe Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  80. Figure 80: Europe Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  81. Figure 81: Europe Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  82. Figure 82: Europe Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  83. Figure 83: Europe Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  84. Figure 84: Europe Refrigerant Market Volume Share (%), by Country 2023 & 2031
  85. Figure 85: Asia Pacific Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  86. Figure 86: Asia Pacific Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  87. Figure 87: Asia Pacific Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  88. Figure 88: Asia Pacific Refrigerant Market Volume Share (%), by Type 2023 & 2031
  89. Figure 89: Asia Pacific Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  90. Figure 90: Asia Pacific Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  91. Figure 91: Asia Pacific Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  92. Figure 92: Asia Pacific Refrigerant Market Volume Share (%), by Application 2023 & 2031
  93. Figure 93: Asia Pacific Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  94. Figure 94: Asia Pacific Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  95. Figure 95: Asia Pacific Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  96. Figure 96: Asia Pacific Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  97. Figure 97: Asia Pacific Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  98. Figure 98: Asia Pacific Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  99. Figure 99: Asia Pacific Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  100. Figure 100: Asia Pacific Refrigerant Market Volume Share (%), by Country 2023 & 2031
  101. Figure 101: MEA Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  102. Figure 102: MEA Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  103. Figure 103: MEA Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  104. Figure 104: MEA Refrigerant Market Volume Share (%), by Type 2023 & 2031
  105. Figure 105: MEA Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  106. Figure 106: MEA Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  107. Figure 107: MEA Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  108. Figure 108: MEA Refrigerant Market Volume Share (%), by Application 2023 & 2031
  109. Figure 109: MEA Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  110. Figure 110: MEA Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  111. Figure 111: MEA Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  112. Figure 112: MEA Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  113. Figure 113: MEA Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  114. Figure 114: MEA Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  115. Figure 115: MEA Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  116. Figure 116: MEA Refrigerant Market Volume Share (%), by Country 2023 & 2031
  117. Figure 117: North America Refrigerant Market Revenue (USD Billion), by Type 2023 & 2031
  118. Figure 118: North America Refrigerant Market Volume (Kiloton), by Type 2023 & 2031
  119. Figure 119: North America Refrigerant Market Revenue Share (%), by Type 2023 & 2031
  120. Figure 120: North America Refrigerant Market Volume Share (%), by Type 2023 & 2031
  121. Figure 121: North America Refrigerant Market Revenue (USD Billion), by Application 2023 & 2031
  122. Figure 122: North America Refrigerant Market Volume (Kiloton), by Application 2023 & 2031
  123. Figure 123: North America Refrigerant Market Revenue Share (%), by Application 2023 & 2031
  124. Figure 124: North America Refrigerant Market Volume Share (%), by Application 2023 & 2031
  125. Figure 125: North America Refrigerant Market Revenue (USD Billion), by End-Use Industry 2023 & 2031
  126. Figure 126: North America Refrigerant Market Volume (Kiloton), by End-Use Industry 2023 & 2031
  127. Figure 127: North America Refrigerant Market Revenue Share (%), by End-Use Industry 2023 & 2031
  128. Figure 128: North America Refrigerant Market Volume Share (%), by End-Use Industry 2023 & 2031
  129. Figure 129: North America Refrigerant Market Revenue (USD Billion), by Country 2023 & 2031
  130. Figure 130: North America Refrigerant Market Volume (Kiloton), by Country 2023 & 2031
  131. Figure 131: North America Refrigerant Market Revenue Share (%), by Country 2023 & 2031
  132. Figure 132: North America Refrigerant Market Volume Share (%), by Country 2023 & 2031
List of Tables
  1. Table 1: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  2. Table 2: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  3. Table 3: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  4. Table 4: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  5. Table 5: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  6. Table 6: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  7. Table 7: Global Refrigerant Market Revenue USD Billion Forecast, by Region 2018 & 2031
  8. Table 8: Global Refrigerant Market Volume Kiloton Forecast, by Region 2018 & 2031
  9. Table 9: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  10. Table 10: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  11. Table 11: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  12. Table 12: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  13. Table 13: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  14. Table 14: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  15. Table 15: Global Refrigerant Market Revenue USD Billion Forecast, by Region 2018 & 2031
  16. Table 16: Global Refrigerant Market Volume Kiloton Forecast, by Region 2018 & 2031
  17. Table 17: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  18. Table 18: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  19. Table 19: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  20. Table 20: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  21. Table 21: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  22. Table 22: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  23. Table 23: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  24. Table 24: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  25. Table 25: United States Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  26. Table 26: United States Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  27. Table 27: Canada Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  28. Table 28: Canada Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  29. Table 29: Mexico Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  30. Table 30: Mexico Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  31. Table 31: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  32. Table 32: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  33. Table 33: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  34. Table 34: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  35. Table 35: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  36. Table 36: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  37. Table 37: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  38. Table 38: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  39. Table 39: Brazil Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  40. Table 40: Brazil Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  41. Table 41: Argentina Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  42. Table 42: Argentina Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  43. Table 43: Rest of South America Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  44. Table 44: Rest of South America Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  45. Table 45: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  46. Table 46: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  47. Table 47: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  48. Table 48: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  49. Table 49: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  50. Table 50: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  51. Table 51: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  52. Table 52: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  53. Table 53: Germany Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  54. Table 54: Germany Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  55. Table 55: France Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  56. Table 56: France Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  57. Table 57: Italy Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  58. Table 58: Italy Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  59. Table 59: United Kingdom Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  60. Table 60: United Kingdom Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  61. Table 61: Netherlands Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  62. Table 62: Netherlands Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  63. Table 63: Rest of Europe Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  64. Table 64: Rest of Europe Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  65. Table 65: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  66. Table 66: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  67. Table 67: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  68. Table 68: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  69. Table 69: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  70. Table 70: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  71. Table 71: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  72. Table 72: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  73. Table 73: China Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  74. Table 74: China Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  75. Table 75: Japan Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  76. Table 76: Japan Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  77. Table 77: India Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  78. Table 78: India Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  79. Table 79: South Korea Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  80. Table 80: South Korea Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  81. Table 81: Taiwan Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  82. Table 82: Taiwan Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  83. Table 83: Australia Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  84. Table 84: Australia Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  85. Table 85: Rest of Asia-Pacific Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  86. Table 86: Rest of Asia-Pacific Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  87. Table 87: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  88. Table 88: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  89. Table 89: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  90. Table 90: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  91. Table 91: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  92. Table 92: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  93. Table 93: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  94. Table 94: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  95. Table 95: Middle East Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  96. Table 96: Middle East Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  97. Table 97: Africa Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  98. Table 98: Africa Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  99. Table 99: Global Refrigerant Market Revenue USD Billion Forecast, by Type 2018 & 2031
  100. Table 100: Global Refrigerant Market Volume Kiloton Forecast, by Type 2018 & 2031
  101. Table 101: Global Refrigerant Market Revenue USD Billion Forecast, by Application 2018 & 2031
  102. Table 102: Global Refrigerant Market Volume Kiloton Forecast, by Application 2018 & 2031
  103. Table 103: Global Refrigerant Market Revenue USD Billion Forecast, by End-Use Industry 2018 & 2031
  104. Table 104: Global Refrigerant Market Volume Kiloton Forecast, by End-Use Industry 2018 & 2031
  105. Table 105: Global Refrigerant Market Revenue USD Billion Forecast, by Country 2018 & 2031
  106. Table 106: Global Refrigerant Market Volume Kiloton Forecast, by Country 2018 & 2031
  107. Table 107: U.S. Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  108. Table 108: U.S. Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
  109. Table 109: Canada Refrigerant Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
  110. Table 110: Canada Refrigerant Market Volume (Kiloton) Forecast, by Application 2018 & 2031
AspectsDetails
Study Period 2018-2032
Base Year 2023
Estimated Year 2024
Forecast Period2024-2032
Historical Period2018-2023
Growth RateCAGR of 4.5% from 2018-2032
Segmentation
    • By Type
      • Fluorocarbons
      • Hydrocarbons
      • Inorganic Refrigerants
    • By Application
      • Air Conditioning
      • Refrigeration
      • Others
    • By End-Use Industry
      • Industrial
      • Commercial
      • Domestic
  • By Geography
    • North America
      • U.S.
      • Canada

STEP 1 - Identification of Relevant Samples Size from Population Database

Step Chart
bar chart
method chart

STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

approach chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.

Note* : In applicable scenarios

STEP 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
approach chart

STEP 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
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