openPR Logo
Press release

Refrigerant Market 2023-2028: Price, Size, Share, Growth, Trends, Value, Segmentation, and Forecast Report

01-16-2023 08:21 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Refrigerant Market

Refrigerant Market

The latest report by IMARC Group, titled "Refrigerant Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," offers a comprehensive analysis of the industry, which comprises insights on the global refrigerant market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global refrigerant market size reached US$ 18.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 30.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.76% during 2023-2028.

A refrigerant is a chemical substance used in the refrigeration cycle of air conditioning systems and heat pumps. It undergoes a repeated phase transition from a liquid to a gas and back again. It transfers heat from one area and removes it from another. It absorbs heat from the environment and can provide refrigeration or air conditioning when combined with other components such as compressors and evaporators. Traditionally, chlorofluorocarbons (CFCs) were utilized as refrigerants, but they are being replaced due to their ozone-depleting effects. Some refrigerants used in multiple applications are ammonia, sulfur dioxide, and non-halogenated hydrocarbons such as propane. It finds extensive applications across industrial, residential, and commercial sectors.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report: https://www.imarcgroup.com/refrigerant-market/requestsample

Global Refrigerants Market Trends:

The global market is majorly driven by the increasing product demand in the transportation industry. In line with this, the rising demand for refrigeration systems for domestic use is accelerating the demand for refrigerants worldwide. Furthermore, the growing requirement for natural refrigerants is positively influencing the market. Apart from this, the escalating sales of consumer appliances such as air conditioning are catalyzing product demand. Moreover, the pharmaceutical sector requires low-temperature conditions for the storage and transportation of drugs, and this, in turn, is propelling product adoption in the pharmaceutical industry. Besides, the flourishing commercial sector worldwide is favoring the demand for heating, ventilation, and air conditioning (HVAC) equipment, which, in turn, is bolstering the uptake of the product. Additionally, the increasing demand for packaged frozen food and confectionery items is offering numerous opportunities for market expansion.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/refrigerant-market

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

• Honeywell International Inc.
• Daikin Industries Ltd.
• Arkema S.A.
• Dongyue Group Limited
• The Chemours Company
• Orbia Advance Corporation S.A.B. de CV
• Sinochem Group Co. Ltd.
• Air Liquide S.A.
• AGC Group
• Linde Group
• SRF Limited
• Gujarat Fluorochemicals Limited

Key Market Segmentation:

Breakup by Application:

• Commercial
• Industrial
• Domestic
• Others

Breakup by Product Type:

• Fluorocarbon
• Inorganic
• Hydrocarbon
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

TOC for the Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Read Latest Research Reports by IMARC Group:

• Chiral Chemicals Market Report 2023: https://www.imarcgroup.com/chiral-chemicals-market

• Automotive Brake Booster Market Report 2023: https://www.imarcgroup.com/automotive-brake-booster-market

• Computational Fluid Dynamics Market Report 2023: https://www.imarcgroup.com/computational-fluid-dynamics-market

• Rechargeable Battery Market Report 2023: https://www.imarcgroup.com/rechargeable-battery-market

• Metal Casting Market Report 2023: https://www.imarcgroup.com/metal-casting-market

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Refrigerant Market 2023-2028: Price, Size, Share, Growth, Trends, Value, Segmentation, and Forecast Report here

News-ID: 2884106 • Views:

More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insights
India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India seafood
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025-2033
India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025: Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Size in 2024: USD 2.50 Billion Market Size in 2033: USD 5.90 Billion Market Growth Rate (CAGR) 2025-2033: 10.03% How Big is the India Mutual Funds Industry? The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033. Request
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Expanding at a CAGR of 8.09%
Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview: The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, Project Economics
Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay. IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a

All 5 Releases


More Releases for Refrigerant

Ultimate Guide to Ammonia Refrigerant
Ammonia is an inorganic compound made up of a single nitrogen atom covalently bonded to three hydrogen atoms that act as an amidase inhibitor and neurotoxin. Ammonia refrigeration systems are ammonia-based refrigeration systems. The chemical ammonia is used to absorb heat from one area and transfer it to another for dissipation because concentrated ammonia is much colder than room temperature, it is an excellent choice for keeping things cool. Download PDF
The Complete PDF Guide to Refrigerant
Refrigerant is a type of fluid used in the thermodynamic cycle of air conditioning. The refrigerant undergoes a continuous transition of phase from liquid to gas and then gas to liquid in the refrigeration process. Refrigerants are highly used as coolants in refrigeration systems, chillers, and air conditioning to absorb heat from the surroundings and pump it outside. Get a PDF Copy: https://www.theinsightpartners.com/sample/TIPRE00005348/?utm_source=OpenPR&utm_medium=10183 The Innovative Key Players are include: • The Chemours Company • Arkema • Honeywell International
Europe Refrigerant Market - SWOT Analysis Report
The Europe refrigerant market is expected to grow from US$ 1,551.73 million in 2021 to US$ 2,286.52 million by 2028; it is estimated to grow at a CAGR of 5.7% from 2021 to 2028. Download Sample Copy @ https://www.businessmarketinsights.com/sample/BMIRE00025347/?utm_source=OpenPr&utm_medium=10457 With the increasing disposable income and growing population, the demand for air conditioners and other home appliances in which refrigerants are used for cooling purposes has surged. In developing economies, construction activities have
R600a Refrigerant Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global R600a Refrigerant Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion. The R600a refrigerant market is experiencing significant growth, driven by its widespread use in domestic and commercial refrigeration systems. R600a, or isobutane, is a hydrocarbon
Refrigerant Recycling Market Research Report 2023
Refrigerant Recycling Market Recycling refrigerants is done by first removing the refrigerant from the system containing it, and then sending it through equipment that will "clean" it. Cleaning refrigerants entails removing the moisture and particles that make it toxic. The global Refrigerant Recycling market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence
R22 Refrigerant Market | Comprehensive Analysis of Latest Trends and Development …
Global R22 Refrigerant Market Overview: Global R22 Refrigerant Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028. This research study of R22 Refrigerant involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters