Refrigerants Market by Type, Application - Global Forecast 2023-2030

List of Tables

The Refrigerants Market is projected to reach USD 20.65 billion by 2030 from USD 13.40 billion in 2022, at a CAGR of 5.55% during the forecast period.

Global Refrigerants Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 13.40 billion
Estimated Year Value [2023]	USD 14.04 billion
Forecast Year Value [2030]	USD 20.65 billion
CAGR (%)	5.55%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Refrigerants Market.

Based on Type, market is studied across Ammonia, Carbon Dioxide, Fluorocarbons, Hydrocarbons, and Hydrofluorocarbons. The Hydrocarbons is projected to witness significant market share during forecast period.

Based on Application, market is studied across Air Conditioning System and Refrigeration System. The Air Conditioning System is further studied across Ducted and Ductless. The Refrigeration System is further studied across Commercial, Domestic, and Industrial. The Air Conditioning System is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Refrigerants Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Refrigerants Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Refrigerants Market, highlighting leading vendors and their innovative profiles. These include A-Gas International Limited, AGC Inc., Arkema S.A., Beijing Starget Chemicals Co., Ltd., Daikin Industries, Ltd., Dongyue Fluorosilicone Science and Technology Group Co.,Ltd., DuPont de Nemours, Inc., Engas Pty Ltd., GAS SERVEI, S.A., Gujarat Fluorochemicals Limited, Gupta Oxygen Pvt. Ltd., Honeywell International Inc., HyChill Australia, Linde plc, Linhai Limin Chemicals Co., Ltd, L'AIR LIQUIDE S.A., MexFluor India Pvt. Ltd., Navin Fluorine International Limited, Orbia Advance Corporation S.A.B. de CV, Puyang Zhongwei FINE Chemical Co., Ltd., Refex Industries Limited, Refrigerants Australia, Shandong Yuean chemical industry Co., Ltd., Sinochem Holdings Corporation Ltd., SRF Limited by Kama Holdings Limited, Tazzetti S.p.A., The Chemours Company LLC, Yingpeng Chemical Co., Ltd., Zhejiang Fotech International Co., Ltd., and Zhejiang MR Refrigerant Co.,LTD..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Refrigerants Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Refrigerants Market?

3. What is the competitive strategic window for identifying opportunities in the Refrigerants Market?

4. What are the latest technology trends and regulatory frameworks in the Refrigerants Market?

5. What is the market share of the leading vendors in the Refrigerants Market?

6. Which modes and strategic moves are suitable for entering the Refrigerants Market?

Product Code: MRR-961BA04A2EB7

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Refrigerants Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for cooling and refrigeration appliances
  - 5.1.1.2. Availability of government support to promote use of low-global warming potential (GWP) refrigerants
  - 5.1.1.3. Continuous expansion of the automotive industry
- 5.1.2. Restraints
  - 5.1.2.1. Safety concerns and flammability risks with refrigerants
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing technological advancements in refrigeration systems with the development of advanced compressors and heat exchangers
  - 5.1.3.2. High potential owing to continuous expansion of cold chain logistics facilities
- 5.1.4. Challenges
  - 5.1.4.1. Technological limitations associated with refrigerants
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Refrigerants Market, by Type

6.1. Introduction
6.2. Ammonia
6.3. Carbon Dioxide
6.4. Fluorocarbons
6.5. Hydrocarbons
6.6. Hydrofluorocarbons

7. Refrigerants Market, by Application

7.1. Introduction
7.2. Air Conditioning System
- 7.3.1. Ducted
- 7.3.2. Ductless
7.3. Refrigeration System
- 7.4.1. Commercial
- 7.4.2. Domestic
- 7.4.3. Industrial

8. Americas Refrigerants Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Refrigerants Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Refrigerants Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. A-Gas International Limited
- 12.1.2. AGC Inc.
- 12.1.3. Arkema S.A.
- 12.1.4. Beijing Starget Chemicals Co., Ltd.
- 12.1.5. Daikin Industries, Ltd.
- 12.1.6. Dongyue Fluorosilicone Science and Technology Group Co.,Ltd.
- 12.1.7. DuPont de Nemours, Inc.
- 12.1.8. Engas Pty Ltd.
- 12.1.9. GAS SERVEI, S.A.
- 12.1.10. Gujarat Fluorochemicals Limited
- 12.1.11. Gupta Oxygen Pvt. Ltd.
- 12.1.12. Honeywell International Inc.
- 12.1.13. HyChill Australia
- 12.1.14. Linde plc
- 12.1.15. Linhai Limin Chemicals Co., Ltd
- 12.1.16. L'AIR LIQUIDE S.A.
- 12.1.17. MexFluor India Pvt. Ltd.
- 12.1.18. Navin Fluorine International Limited
- 12.1.19. Orbia Advance Corporation S.A.B. de CV
- 12.1.20. Puyang Zhongwei FINE Chemical Co., Ltd.
- 12.1.21. Refex Industries Limited
- 12.1.22. Refrigerants Australia
- 12.1.23. Shandong Yuean chemical industry Co., Ltd.
- 12.1.24. Sinochem Holdings Corporation Ltd.
- 12.1.25. SRF Limited by Kama Holdings Limited
- 12.1.26. Tazzetti S.p.A.
- 12.1.27. The Chemours Company LLC
- 12.1.28. Yingpeng Chemical Co., Ltd.
- 12.1.29. Zhejiang Fotech International Co., Ltd.
- 12.1.30. Zhejiang MR Refrigerant Co.,LTD.
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing