Refrigerants Global Market Report 2024

Refrigerants Global Market Report 2024 – By Type (Halocarbons, Inorganic, Hydrocarbons, Other Types), By Deployment (Air Conditioning, Refrigeration, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Refrigerants Global Market Report 2024
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Refrigerants Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 200 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Refrigerants Market Definition

The refrigerants can be used as primary working fluids in absorption refrigeration systems or as secondary fluids to transmit thermal energy from one medium to the other. A refrigerant is a chemical blend of fluids that serves as a cooling agent in heat pumps and refrigeration cycles. It operates on the concept of phase transition, which converts liquid to gas and vice versa at varying temperatures.

The main types of refrigerants are halocarbons, inorganic, hydrocarbons, and others. Halocarbons are organic compounds with several or all hydrogen atoms replaced with halogen atoms, usually fluorine or chlorine. It is used in air conditioners, refrigerators, and others.

Refrigerants Market Segmentation

The refrigerants market covered in this report is segmented –

1) By Type: Halocarbons, Inorganic, Hydrocarbons, Other Types

2) By Deployment: Air Conditioning, Refrigeration, Other Applications

Global Refrigerants Market Size 2023 to 2028: Graph

Refrigerants Market Size 2024 And Growth Rate

The refrigerants market size has grown strongly in recent years. It will grow from $25.04 billion in 2023 to $27.4 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, supportive government initiatives, and increased demand for air conditioners.

Refrigerants Market Growth Forecast

The refrigerants market size is expected to see strong growth in the next few years. It will grow to $39.4 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to the phasing out of ozone-depleting substances, rising urbanization, rising global temperatures, and the rising demand for electric vehicles. Major trends in the forecast period include the phasing out of ozone-depleting substances, rising urbanization, rising global temperatures, and the rising demand for electric vehicles.

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Refrigerants Market Driver: Global Temperature Rise Fueling Increased Demand For Refrigerants And Air Conditioning

The rising demand for air conditioning is expected to drive the growth of the refrigerants market in the coming years. The increasing temperature globally increased the demand for cooling systems. According to the World Meteorological Organization (WMO), in 2020, the average temperature across the globe was 1.2 °C higher than the above pre-industrial era (1880) temperatures. This drives the demand for air conditioning, hence refrigerants. A refrigerant is a chemical compound that is found in air conditioners. It absorbs heat from the surroundings and releases cool air after passing through air conditioners and evaporators. For instance, according to the International Energy Agency (IEA) estimates, by 2050 around two-thirds of the world’s households will have an air conditioner. Developing economies such as India, China, and Indonesia together will account for half of the total number of air conditioners. Therefore, the increasing temperature globally increases demand for air conditioning and is expected to propel the market for refrigerants market.

Refrigerants Market Driver: Electric Vehicle Boom Driving Demand For Refrigerants In Automotive Applications

During the forecast period, the rising demand for electric vehicles will support the growth of the refrigerants market. The increasing adoption of electric vehicles (EVs) is indeed creating a demand for refrigerants in the automotive industry. EVs, which use electric motors powered by batteries instead of internal combustion engines, require refrigeration systems for various purposes such as battery thermal management systems and power electronics cooling. For example, in 2022, the World Economic Forum reported that in the first half of 2022, almost 4.3 million battery-powered electric cars (BEVs) and plug-in hybrid electric vehicles (PHEVs) were sold globally. PHEV sales increased by 37% and BEVs by 75% yearly. Also, by 2030, 40% of cars sold in China, the largest auto market in the world, are expected to be electric. Therefore, the rising demand for electric vehicles will drive the refrigerants market.

Global Refrigerants Market Major Players

Major companies operating in the refrigerants market report are The Chemours Company, The Linde Group, Dongyue Group, Honeywell International Inc, Arkema S A, Orbia, SRF Limited, Asahi Glass Co Inc (AGC), Gujarat Fluorochemicals Ltd., Daikin Industries Ltd, Zhejiang Fotech International Co.Ltd., Changshu 3F Zhonghao New Chemical Materials Co. Ltd., Tazzetti S.p.A, AGC Inc., Sinochem Group Co. Ltd., GEA Group AG, Frigopoint, Quimobásicos, S.A. De C.V., Grupo CLIMSA, Mexichem Flúor S.A. de C.V., DuPont, Hudson Technologies, National Refrigerants Inc, The Bluon Energy, Cheminova Brasil Ltda, Climafrío S.A.S, Gulf Cryo, Abdullah Hashim Industrial Gases & Equipment Co. Ltd, National Gas Company (NGC), El-Sewedy Electrometer, Tasqeef, AIR LIQUIDE SA, Hychill, Hess Corporation, A-gas International

Global Refrigerants Market Trend: Refrigerants Market Embraces Low Global Warming Potential Solutions

Companies in the refrigerants market are shifting towards low global warming potential (GWP) refrigerants due to environmental concerns. Regulatory initiatives, such as the Kigali Amendment to the Montreal Protocol, have driven the phase-out of high-GWP refrigerants like hydrochlorofluorocarbons (HCFCs) and hydrofluorocarbons (HFCs). The companies are moving towards low-global warming potential refrigerants. For example, in May 2022, AGC, a Japan-based world-leading manufacturer of glass, chemicals, and high-tech materials developed a new composition of AMOLEA 1123 (HFO-1123) based refrigerant, with GWP below 10 for air conditioners. Similarly in January 2022, Honeywell, an American multinational conglomerate corporation announced Solstice N71 (R-471A), an innovative, new low-GWP refrigerant for commercial and industrial refrigeration that is optimized for supermarkets.

Global Refrigerants Market Trend: Strategic Collaborations Drive Market Expansion For Leading Refrigerant Companies

Major companies operating in the refrigerants market are undergoing partnerships and collaborations to strengthen their position in the market. For example, in November 2022, The Chemours Company, a US-based global chemicals company, announced an alliance with Bohn de Mexico, a Mexico-based leading commercial and industrial refrigeration equipment technology and manufacturing company. As part of the alliance, Bohn de Mexico adopted the non-ODP and low-GWP refrigerants, Opteon XL20 (R-454 C), Opteon XL40 (R-454A), and Opteon XL10 (R-1234yf) for its new line of BOHN Ecoflex condensing units.

Refrigerants Market Merger And Acquisition: Strategic Acquisition Expands A-Gas Presence And Services In Us Refrigerant Market

In July 2022, A-Gas, a UK-based manufacturer of industrial gases, refrigerants and other compounds acquired Certified Refrigerant Services, Inc. for an undisclosed amount. With this acquisition, CRS would expand the A-Gas’ refrigerant business in the USA and demonstrates the company’s interests on the recovery and reclamation of refrigerant gases in a safe and efficient manner. Certified Refrigerant Services, Inc. is a US-based provider of refrigerant services.

Regional Analysis For The Global Refrigerants Market

Asia-Pacific was the largest region in the refrigerants market in 2023. Asia-Pacific is predicted to record the fastest growth in the refrigerants market in the forecast period. The regions covered in the refrigerants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the refrigerants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The refrigerants market consists of sales of hydrocarbons, water and ammonia. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The refrigerants market research report is one of a series of new reports from The Business Research Company that provides refrigerants market statistics, including refrigerants industry global market size, regional shares, competitors with a refrigerants market share, detailed refrigerants market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerants industry. This refrigerants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Refrigerants Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$27.4 billion
Revenue Forecast In 2033	$39.4 billion
Growth Rate	CAGR of 9.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Halocarbons, Inorganic, Hydrocarbons, Other Types 2) By Deployment: Air Conditioning, Refrigeration, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	The Chemours Company; The Linde Group; Dongyue Group; Honeywell International Inc; Arkema S A; Orbia; SRF Limited; Asahi Glass Co Inc (AGC); Gujarat Fluorochemicals Ltd.; Daikin Industries Ltd; Zhejiang Fotech International Co.Ltd.; Changshu 3F Zhonghao New Chemical Materials Co. Ltd.; Tazzetti S.p.A; AGC Inc.; Sinochem Group Co. Ltd.; GEA Group AG; Frigopoint; Quimobásicos; S.A. De C.V.; Grupo CLIMSA; Mexichem Flúor S.A. de C.V.; DuPont; Hudson Technologies; National Refrigerants Inc; The Bluon Energy; Cheminova Brasil Ltda; Climafrío S.A.S; Gulf Cryo; Abdullah Hashim Industrial Gases & Equipment Co. Ltd; National Gas Company (NGC); El-Sewedy Electrometer; Tasqeef; AIR LIQUIDE SA; Hychill; Hess Corporation; A-gas International
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Refrigerants Market Characteristics

3. Refrigerants Market Trends And Strategies

4. Refrigerants Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Refrigerants Market Size and Growth

5.1. Global Refrigerants Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Refrigerants Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Refrigerants Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Refrigerants Market Segmentation

6.1. Global Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Halocarbons

Inorganic

Hydrocarbons

Other Types

6.2. Global Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Air Conditioning

Refrigeration

Other Applications

7. Refrigerants Market Regional And Country Analysis

7.1. Global Refrigerants Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Refrigerants Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Refrigerants Market

8.1. Asia-Pacific Refrigerants Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Refrigerants Market

9.1. China Refrigerants Market Overview

9.2. China Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Refrigerants Market

10.1. India Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Refrigerants Market

11.1. Japan Refrigerants Market Overview

11.2. Japan Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Refrigerants Market

12.1. Australia Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Refrigerants Market

13.1. Indonesia Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Refrigerants Market

14.1. South Korea Refrigerants Market Overview

14.2. South Korea Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Refrigerants Market

15.1. Western Europe Refrigerants Market Overview

15.2. Western Europe Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Refrigerants Market

16.1. UK Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Refrigerants Market

17.1. Germany Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Refrigerants Market

18.1. France Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Refrigerants Market

19.1. Italy Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Refrigerants Market

20.1. Spain Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Refrigerants Market

21.1. Eastern Europe Refrigerants Market Overview

21.2. Eastern Europe Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Refrigerants Market

22.1. Russia Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Refrigerants Market

23.1. North America Refrigerants Market Overview

23.2. North America Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Refrigerants Market

24.1. USA Refrigerants Market Overview

24.2. USA Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Refrigerants Market

25.1. Canada Refrigerants Market Overview

25.2. Canada Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Refrigerants Market

26.1. South America Refrigerants Market Overview

26.2. South America Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Refrigerants Market

27.1. Brazil Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Refrigerants Market

28.1. Middle East Refrigerants Market Overview

28.2. Middle East Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Refrigerants Market

29.1. Africa Refrigerants Market Overview

29.2. Africa Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Refrigerants Market Competitive Landscape And Company Profiles

30.1. Refrigerants Market Competitive Landscape

30.2. Refrigerants Market Company Profiles

30.2.1. The Chemours Company

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. The Linde Group

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Dongyue Group

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Honeywell International Inc

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Arkema S A

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Refrigerants Market Other Major And Innovative Companies

31.1. Orbia

31.2. SRF Limited

31.3. Asahi Glass Co Inc (AGC)

31.4. Gujarat Fluorochemicals Ltd.

31.5. Daikin Industries Ltd

31.6. Zhejiang Fotech International Co.Ltd.

31.7. Changshu 3F Zhonghao New Chemical Materials Co. Ltd.

31.8. Tazzetti S.p.A

31.9. AGC Inc.

31.10. Sinochem Group Co. Ltd.

31.11. GEA Group AG

31.12. Frigopoint

31.13. Quimobásicos

31.14. S.A. De C.V.

31.15. Grupo CLIMSA

32. Global Refrigerants Market Competitive Benchmarking

33. Global Refrigerants Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Refrigerants Market

35. Refrigerants Market Future Outlook and Potential Analysis

35.1 Refrigerants Market In 2028 - Countries Offering Most New Opportunities

35.2 Refrigerants Market In 2028 - Segments Offering Most New Opportunities

35.3 Refrigerants Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Refrigerants Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Refrigerants Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Asia-Pacific, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: China, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: China, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: India, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: India, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: Japan, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: Japan, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: Australia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: Australia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Indonesia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Indonesia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: South Korea, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: South Korea, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Western Europe, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Western Europe, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: UK, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: UK, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Germany, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Germany, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: France, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: France, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Italy, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Italy, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Spain, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Spain, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: Eastern Europe, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: Eastern Europe, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Russia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Russia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: North America, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: North America, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: USA, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: USA, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Canada, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Canada, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: South America, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: South America, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Brazil, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Brazil, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Middle East, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Middle East, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Africa, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Africa, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: The Chemours Company Financial Performance

Table 52: The Linde Group Financial Performance

Table 53: Dongyue Group Financial Performance

Table 54: Honeywell International Inc Financial Performance

Table 55: Arkema S A Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Refrigerants Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Refrigerants Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Asia-Pacific, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: China, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: China, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: India, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: India, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: Japan, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: Japan, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: Australia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: Australia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Indonesia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Indonesia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: South Korea, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: South Korea, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Western Europe, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Western Europe, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: UK, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: UK, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Germany, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Germany, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: France, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: France, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Italy, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Italy, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Spain, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Spain, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: Eastern Europe, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: Eastern Europe, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Russia, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Russia, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: North America, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: North America, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: USA, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: USA, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Canada, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Canada, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: South America, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: South America, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Brazil, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Brazil, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Middle East, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Middle East, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Africa, Refrigerants Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Africa, Refrigerants Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: The Chemours Company Financial Performance

Figure 52: The Linde Group Financial Performance

Figure 53: Dongyue Group Financial Performance

Figure 54: Honeywell International Inc Financial Performance

Figure 55: Arkema S A Financial Performance

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Frequently Asked Questions

What is the definition of the refrigerants market?

How will the refrigerants market drivers and restraints affect the refrigerants market dynamics? What forces will shape the refrigerants industry going forward?

The refrigerants market major growth driver - Global Temperature Rise Fueling Increased Demand For Refrigerants And Air Conditioning. For further insights on the refrigerants market, request a sample here

What is the forecast market size or the forecast market value of the refrigerants market?

The refrigerants market size has grown strongly in recent years. It will grow from $25.04 billion in 2023 to $27.4 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to strong economic growth in emerging markets, supportive government initiatives, and increased demand for air conditioners. The refrigerants market size is expected to see strong growth in the next few years. It will grow to $39.4 billion in 2028 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to the phasing out of ozone-depleting substances, rising urbanization, rising global temperatures, and the rising demand for electric vehicles. Major trends in the forecast period include the phasing out of ozone-depleting substances, rising urbanization, rising global temperatures, and the rising demand for electric vehicles. For further insights on the refrigerants market, request a sample here

How is the refrigerants market segmented?

The refrigerants market is segmented
1) By Type: Halocarbons, Inorganic, Hydrocarbons, Other Types
2) By Deployment: Air Conditioning, Refrigeration, Other ApplicationsFor further insights on the refrigerants market, request a sample here

Which region has the largest share of the refrigerants market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the refrigerants market in 2023. Asia-Pacific is predicted to record the fastest growth in the refrigerants market in the forecast period. The regions covered in the refrigerants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the refrigerants market, request a sample here.

Who are the major players in the refrigerants market?

What are the key trends in the refrigerants market?

Major trend in the refrigerants market - Refrigerants Market Embraces Low Global Warming Potential Solutions. For further insights on the refrigerants market, request a sample here.

What are the major opportunities in the refrigerants market? What are the strategies for the refrigerants market?

For detailed insights on the major opportunities and strategies in the refrigerants market, request a sample here.

How does the refrigerants market relate to the overall economy and other similar markets?

For detailed insights on refrigerants market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the refrigerants industry?

For detailed insights on the mergers and acquisitions in the refrigerants industry, request a sample here.

What are the key dynamics influencing the refrigerants market growth? SWOT analysis of the refrigerants market.

For detailed insights on the key dynamics influencing the refrigerants market growth and SWOT analysis of the refrigerants industry, request a sample here.