openPR Logo
Press release

Natural Refrigerants Market is expected to grow at 4.5% through 2024 to 2030, reaching nearly US$ 1.55 Bn.

Natural Refrigerants Market

Natural Refrigerants Market

๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 1.13 Bn. in 2023 and the total revenue is expected to grow at 4.5% through 2024 to 2030, reaching nearly US$ 1.55 Bn.

๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The natural refrigerants market has seen significant growth in recent years, driven by increasing environmental awareness and stringent regulations regarding the use of hydrofluorocarbons (HFCs), which are known to contribute to global warming. As industries across the globe seek more sustainable and eco-friendly alternatives, natural refrigerants such as ammonia, carbon dioxide (COโ‚‚), and hydrocarbons (propane, butane) are emerging as viable solutions. These refrigerants offer low global warming potential (GWP) and ozone depletion potential (ODP), making them attractive choices for various applications, including air conditioning, refrigeration, and heat pumps. Furthermore, governments and organizations are offering incentives for the adoption of natural refrigerants, accelerating their market penetration and fostering innovation in the development of energy-efficient systems.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ :https://www.maximizemarketresearch.com/request-sample/118102/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ :

The main drivers of the natural refrigerants market include the growing demand for energy-efficient and environmentally friendly refrigeration systems, along with increasing governmental regulations that aim to phase out high-GWP synthetic refrigerants. The implementation of the Kigali Amendment to the Montreal Protocol has placed greater pressure on industries to adopt refrigerants with low GWP, spurring the shift toward natural alternatives. Additionally, the growing trend of sustainability in sectors such as food processing, cold storage, and air conditioning has contributed to the widespread adoption of natural refrigerants. Rising awareness among consumers and businesses about the environmental impact of traditional refrigerants also acts as a major driver for market growth.

๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

A notable trend in the natural refrigerants market is the increasing adoption of COโ‚‚-based systems in commercial refrigeration, particularly in supermarkets and food storage facilities. These systems are considered highly efficient and environmentally safe, and their integration into larger retail and industrial applications is expanding. Another key trend is the innovation in hybrid systems, where natural refrigerants are integrated into conventional systems to balance cost and environmental benefits. Additionally, there is a growing focus on developing refrigerants with even lower environmental impact, such as next-generation hydrocarbons and advanced ammonia-based systems, to meet stricter environmental standards. As the market continues to evolve, natural refrigerants are expected to play an increasingly significant role in shaping the future of the refrigeration and air conditioning industries.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.maximizemarketresearch.com/inquiry-before-buying/118102/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐ญ๐ก๐ž ๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ
๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: Major players in the US, such as Honeywell and Johnson Controls, have been acquiring smaller firms specializing in natural refrigerants to expand their product portfolios. These acquisitions aim to enhance their capabilities in providing eco-friendly refrigeration solutions.

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ & ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: Companies in Southeast Asia are making significant strides by acquiring local refrigeration manufacturers and establishing joint ventures to meet the growing demand for green technologies. The Southeast Asian market is witnessing rapid adoption of natural refrigerants, particularly in the food processing and retail sectors.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š & ๐‰๐š๐ฉ๐š๐ง: In these advanced markets, companies like LG Electronics and Daikin have been at the forefront of innovation and have engaged in strategic acquisitions to develop cutting-edge refrigeration systems using natural refrigerants.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž๐š๐ง ๐”๐ง๐ข๐จ๐ง: In Europe, environmental regulations and a push for sustainability have driven numerous mergers and acquisitions, particularly in the commercial refrigeration sector. Leading European firms are entering partnerships to foster innovation and ensure compliance with stringent EU environmental standards.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐ข๐ง ๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ
๐•๐ข๐ž๐ญ๐ง๐š๐ฆ ๐š๐ง๐ ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: The natural refrigerants market in these countries is growing as part of the shift towards more sustainable cooling solutions. Local industries, such as the food and beverage sector, are driving the demand for natural refrigerants as they look to improve energy efficiency and reduce costs.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: Known for its advanced infrastructure, Singapore has been a key market for natural refrigerants, with a focus on HVAC systems and commercial refrigeration. Recent partnerships between government bodies and industry leaders are fostering innovation in the field.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: South Korea is making significant progress in the adoption of natural refrigerants, with the government offering incentives for companies that adopt eco-friendly refrigerant solutions. This has led to increased mergers and acquisitions in the industry.

๐‰๐š๐ฉ๐š๐ง: As one of the leading markets for refrigeration technologies, Japan continues to invest heavily in natural refrigerants, with a focus on energy-efficient cooling systems. Recent mergers between Japanese and European firms have accelerated the development of advanced refrigeration solutions.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: The US remains a dominant player in the natural refrigerants market. Companies in North America are scaling up their operations and making strategic acquisitions to expand their reach and product offerings in the natural refrigerants space.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.maximizemarketresearch.com/request-sample/118102/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ž๐ฉ๐ญ๐ข๐œ๐š๐ฅ ๐’๐จ๐ซ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Type

Ammonia (R-717)
Carbon Dioxide (R-744)
Hydrocarbons
Other

by End-Use

Commercial
Industrial
Domestic

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Linde Group
2. Airgas Inc.
3. A-Gas International
4. Sinochem
5. Puyang Zongwei Fine Chemical Co. Ltd.
6. Shangdong Yueon Chemical Co. Ltd.
7. Alfa Laval
8. Dorin S.p.A.
9. Energy Recovery, Inc.
10. engas Australasia
11. Evonik Industries AG
12. GEA Group Aktiengesellschaft
13. HyChill Australia
14. Intergas Heating Ltd
15. Johnson Controls, Inc.
16. Natural Refrigerants Co.
17. Nidec Global Appliance
18. PuyangZhongwei Fine Chemical Co.,Ltd
19. Secop GmbH
20. Shandong Yuean New Material Co., Ltd.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.maximizemarketresearch.com/market-report/global-natural-refrigerants-market/118102/

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape
๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
๐๐š๐ญ๐ฎ๐ซ๐š๐ฅ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก :

โ™ฆ Glyphosate Market https://www.maximizemarketresearch.com/market-report/global-glyphosate-market/48280/

โ™ฆ Energy Recovery Ventilator Market https://www.maximizemarketresearch.com/market-report/global-energy-recovery-ventilator-market/531/

โ™ฆ Cold Insulation Market https://www.maximizemarketresearch.com/market-report/global-cold-insulation-market/70470/

โ™ฆ Industrial Valves Market https://www.maximizemarketresearch.com/market-report/global-industrial-valves-market/16925/

โ™ฆ coal bed methane market https://www.maximizemarketresearch.com/market-report/coal-bed-methane-market/67247/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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 Natural Refrigerants Market is expected to grow at 4.5% through 2024 to 2030, reaching nearly US$ 1.55 Bn. here

News-ID: 3758717 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Metal Fabrication Market Poised for Steady Growth, Valued at USD 22.48 Billion in 2024 and Projected to Reach USD 32.47 Billion by 2032
Metal Fabrication Market Poised for Steady Growth, Valued at USD 22.48 Billion i โ€ฆ
Growing Industrial Demand, Advanced Manufacturing Technologies, and Sustainability Initiatives Drive Market Expansion The Global Metal Fabrication Market, valued at USD 22.48 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032, reaching approximately USD 32.47 billion by 2032. This sustained growth reflects the rising demand for fabricated metal components across automotive, aerospace, construction, energy, marine, electronics, and heavy machinery industries, alongsideโ€ฆ
Ship Repair and Maintenance Services Market: Rising Focus on Fleet Modernization, Safety Compliance, and Operational Efficiency
Ship Repair and Maintenance Services Market: Rising Focus on Fleet Modernization โ€ฆ
Ship Repair and Maintenance Services Market - Market Overview The Global Ship Repair and Maintenance Services Market was valued at USD 38.85 billion in 2025 and is projected to grow at a CAGR of 6.5% from 2026 to 2032, reaching approximately USD 60.37 billion by 2032. Ship repair and maintenance services play a critical supporting role in the maritime ecosystem, ensuring vessel safety, operational efficiency, regulatory compliance, and extended asset life. Theseโ€ฆ
E-Cigarette and Vaping Market Trends, Innovations, and Opportunities in 2032
E-Cigarette and Vaping Market Trends, Innovations, and Opportunities in 2032
The E-Cigarette and Vaping market is experiencing unprecedented growth, driven by increasing consumer awareness, innovative product launches, and rising demand for tobacco alternatives. Industry analysts project that the market will continue its upward trajectory, offering lucrative opportunities for manufacturers, distributors, and retailers worldwide. Rising Popularity of E-Cigarettes and Vaping Devices Over the past decade, e-cigarettes and vaping devices have emerged as a preferred choice for adults seeking alternatives to traditional tobacco products.โ€ฆ
Retail Media Networks Market Fueled by Firstโ€Party Data, AI Targeting, and Omnichannel Ad Spend
Retail Media Networks Market Fueled by Firstโ€Party Data, AI Targeting, and Omn โ€ฆ
The Retail Media Networks Market is experiencing unprecedented growth, transforming how brands connect with customers at the point of purchase using retailer firstโ€party data, advanced analytics, and integrated advertising formats. According to the latest forecasts from industry analysts, the global market is expected to expand rapidly, with projections ranging from USD 20.02 billion by 2023 to as high as USD 30.89 billion by 2030, showcasing substantial investor confidence and enterpriseโ€ฆ

All 5 Releases


More Releases for Natural

Natural Soaps Market Opportunities 2023-2030 | Khadi Natural, Procter & Gamble, โ€ฆ
According to HTF Market Intelligence, the Global Natural Soaps market to witness a CAGR of 8.2% during forecast period of 2023-2028. The market is segmented by Natural Soaps Comprehensive Study by Type (Plant-Derived Oil, Essential Oils, Glycerin, Honey, Amla, Aloe Vera), Skin Type (Sensitive, Dry, Oil, Normal), Distribution Channel (Online, Offline (Retail Stores, Specialty Stores, Supermarket/Hypermarkets, Others)), Form (Bar, Liquid). The Natural Soaps market size is estimated to increase byโ€ฆ
Natural Beauty Launches โ€œNatural Growthโ€ Haircare Product Lineย 
Prominent Hair Brand Expands Product Line Offerings to Include Hair Care Products With Strong Focus on Moisture, Growth, and Retention Euclid, Ohio-- Natural Beauty, announced today the debut of the companiesย Natural Growthย product line. Known for high-quality bundle/weave hair, Natural Beauty wanted to expand their mission for 2020 to care for hair both in and out of protective styles. Though the Natural Growth Line does appeal strongly to those with natural hairโ€ฆ
Global Natural Shampoo Market 2017 : Jason Natural, Avalon Natural Products, Rev โ€ฆ
Global Natural Shampoo Market 2016 - 2017 A market study โ€ Global Natural Shampoo Market โ€ examines the performance of the Natural Shampoo market Size 2017. It encloses an in-depth Research of the Natural Shampoo market state and the competitive landscape globally. This report analyzes the potential of Natural Shampoo market in the present and the future prospects from various angles in detail. The Global Natural Shampoo Market 2017 report includes Naturalโ€ฆ
Global Natural Bee Honey Sales Market 2017 Top Players - Ambrosia Natural Produc โ€ฆ
To begin with, the report defines the Natural Bee Honey Sales market and segments it based on the most important dynamics, such as applications, geographical/regional markets, and competitive scenario. Macroeconomic and microeconomic factors environments that currently prevail and also those that are projected to emerge are covered in this report. Download Free Sample Report @ https://www.fiormarkets.com/report-detail/61955/request-sample The reportโ€™s analysis is based on technical data and industry figures sourced from the most reputableโ€ฆ
Global Natural Shampoo(Organic Shampoo) Sales Market 2017 - Jason Natural, Avalo โ€ฆ
Natural Shampoo(Organic Shampoo) Sales market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability also lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. To begin with, the report defines the Global Natural Shampoo(Organic Shampoo) Sales Market and segments it based on the most important dynamics,โ€ฆ
Global Natural Bee Honey Market Research Report 2017 - Ambrosia Natural Products โ€ฆ
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Natural Bee Honey in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Natural Bee Honey market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Ambrosia Natural Products Kejriwal Hi Tech Natural Products Wee Bee Raw Honey Nomade Trade Ets Bee Natural Honey Rehoโ€ฆ