The global refrigerants market is likely to register a CAGR of over 3.8% with an incremental growth of USD 5 billion during the forecast period 2022-2028.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global refrigerants market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the refrigerants industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, and region. The global market for refrigerants can be segmented by product: ammonia, carbon dioxide, hydrochlorofluorocarbons (HCFC), hydrofluorocarbons (HFC), hydrofluoroolefin (HFO), isobutane, propane, others. The ammonia segment was the largest contributor to the global refrigerants market in 2021. Refrigerants market is further segmented by application: chillers, commercial refrigeration, domestic refrigeration, industrial refrigeration, mobile air-conditioning system (MAC), split AC, transport refrigeration, variable refrigerant flow (VRF), window AC, others. According to the research, the split AC segment had the largest share in the global refrigerants market. Based on region, the refrigerants market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Asia Pacific held the largest revenue share in 2021.
By product:
- ammonia
- carbon dioxide
- hydrochlorofluorocarbons (HCFC)
- hydrofluorocarbons (HFC)
- hydrofluoroolefin (HFO)
- isobutane
- propane
- others
By application:
- chillers
- commercial refrigeration
- domestic refrigeration
- industrial refrigeration
- mobile air-conditioning system (MAC)
- split AC
- transport refrigeration
- variable refrigerant flow (VRF)
- window AC
- others
By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)
The report also provides analysis of the key companies of the industry and their detailed company profiles including AGC Inc., Air Liquide S.A., Arkema S.A., Changshu 3F Fluorochemical Industry Co., Ltd., Daikin Industries Ltd., Dongyue Group Co., Ltd., Gujarat Fluorochemicals Ltd., Harp International Ltd., Honeywell International, Inc., Jiangsu Meilan Chemical Co., Ltd., Linde plc, Navin Fluorine International Limited, Orbia Advance Corporation (Mexichem S.A.B DE C.V.), Quimobasicos S.A. de C.V., Sinochem Group Co., Ltd., SRF Ltd., Tazzetti S.p.A., The Chemours Company, Zhejiang Juhua Co., Ltd., Zhejiang Quhua Fluor-Chemistry Co., Ltd., Zhejiang Sanmei Chemical Industry Co., Ltd., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
- To analyze and forecast the market size of the global refrigerants market.
- To classify and forecast the global refrigerants market based on product, application, region.
- To identify drivers and challenges for the global refrigerants market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global refrigerants market.
- To identify and analyze the profile of leading players operating in the global refrigerants market.
Why Choose This Report
- Gain a reliable outlook of the global refrigerants market forecasts from 2022 to 2028 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.