openPR Logo
Press release

Refrigerant Market Opportunities Analysis, Share And Business Growth

01-24-2025 11:23 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Refrigerant Market

Refrigerant Market

๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐จ๐ข๐ฌ๐ž๐ ๐Ÿ๐จ๐ซ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก

The global refrigerant market is experiencing substantial expansion, driven by increasing demand for cooling solutions across various sectors. As of 2023, the market is valued at approximately USD 26.12 billion and is projected to reach USD 44.14 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 7.78% during the forecast period.
๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The Type, Application, and Region segments of the refrigerant market are examined in this report. Market players and geographical areas (North America, Asia Pacific, Europe, Middle East & Africa, and South America) have contributed data. All industry sectors are now experiencing tremendous advancements, which are thoroughly analyzed in this market report. In order to give critical data analysis for the historical era from 2018 to 2023, presentations, facts, and statistics are employed. The study looks into the factors that influence, restrict, and hinder the refrigerant industry. Based on a careful analysis of the current competitive landscape in the refrigerant business, this MMR study offers investor suggestions.

๐…๐จ๐ซ ๐š ๐ช๐ฎ๐ข๐œ๐ค ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐ž๐š๐ฌ๐ž ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/22222/

๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The need for refrigerants is growing significantly every day across a variety of industries, including residential and industrial, and is only expected to increase over the next several years. Air conditioners, freezers, refrigerators, fire suppression systems, and other appliances use it. It's likely that a lot of industries rely on artificial cooling systems to keep and safeguard materials. Nowadays, artificial cooling is crucial in many kinds of places, including residences, stores, malls, hospitals, and transportation systems. As a result, it is anticipated that the need for refrigerants will increase in the years to come. COVID-19 has a significant effect on the market for refrigerants. Both the movement of persons and products between locations are severely restricted.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's burgeoning industrial sector and rising living standards are creating substantial opportunities for refrigerant applications, particularly in the food processing and storage industries.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand is witnessing growth in its automotive and electronics industries, leading to increased utilization of refrigerants in manufacturing processes and climate control systems.

๐‰๐š๐ฉ๐š๐ง: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's focus on energy efficiency and environmental sustainability has led to the adoption of advanced refrigerants with lower Global Warming Potential (GWP) in various applications.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/22222/

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's consolidation of its electronics and automotive sectors is driving the integration of eco-friendly refrigerants to comply with international environmental standards.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore is updating its infrastructure with state-of-the-art cooling technologies, incorporating modern refrigerants to support its commitment to sustainable urban development.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”.๐’.

The U.S. market is experiencing significant opportunities for refrigerants, driven by advancements in HVAC systems and a focus on energy-efficient building solutions.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe is witnessing notable trends in refrigerant adoption, with a strong emphasis on reducing greenhouse gas emissions and adhering to stringent environmental regulations.

๐ƒ๐ข๐ฏ๐ž ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/22222/

๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐“๐ฒ๐ฉ๐ž

HCFCs
HFCs
Propane
Ammonia
Carbon dioxide

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Domestic
Commercial
Air conditioners system
Industrial refrigerators
Chiller/ heat pumps

The refrigerant market is divided into segments based on application, such as commercial refrigeration, industrial refrigeration, air conditioner systems, chillers/heat pumps, and residential. With a 34.1% market share in 2023, the air conditioner system category has dominated the industry. Global population growth and the rise in nuclear families with discretionary income are the main causes of the segment's expansion. The cost of air conditioners is within the reach of middle-class households, whose earnings are rising along with their level of living. All of these elements are propelling the sector and are anticipated to expand over the anticipated time frame.

๐›๐ฒ ๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ

Product Fluorocarbon
Hydrocarbon
Inorganic
Others

๐”๐ง๐œ๐จ๐ฏ๐ž๐ซ ๐€๐œ๐ญ๐ข๐จ๐ง๐š๐›๐ฅ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐š๐ญ๐š ๐›๐ฒ ๐‘๐ž๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ข๐ง ๐“๐ก๐ž ๐‹๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-refrigerant-market/22222/

๐‘๐ž๐Ÿ๐ซ๐ข๐ ๐ž๐ซ๐š๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Daikin Industries, Ltd.
2. The Chemours Company
3. Honeywell International Inc.
4. Arkema S.A.
5. Dongyue Group Co. Ltd.
6. Asahi Glass Co. Ltd.
7. Sinochem Group
8. Mexichem S.A.B. de C.V.
9. The Linde Group
10.SRF Limited
11.DownDuPont Inc.
12.Messer Group
13.Navin Fluorine International Ltd.

๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐ž๐๐ ๐ž ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐Ÿ๐ซ๐จ๐ฆ 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 ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐ :

Global Legal AI Software Market https://www.maximizemarketresearch.com/market-report/global-legal-ai-software-market/30850/

Global Organic Skin Care Products Market https://www.maximizemarketresearch.com/market-report/global-organic-skin-care-products-market/69592/

Europe Artificial Intelligence Ai Market https://www.maximizemarketresearch.com/market-report/europe-artificial-intelligence-ai-market/11333/

Global Polycarbonates Pc Market https://www.maximizemarketresearch.com/market-report/global-polycarbonates-pc-market/23396/

Global Thionyl Chloride Market https://www.maximizemarketresearch.com/market-report/global-thionyl-chloride-market/119290/

Sputter Coater Market https://www.maximizemarketresearch.com/market-report/global-sputter-coater-market/5892/

global NonSmall Cell Lung Cancer Therapeutics Market https://www.maximizemarketresearch.com/market-report/global-non-small-cell-lung-cancer-therapeutics-market/39017/

Global Cosmetic Dyes Market https://www.maximizemarketresearch.com/market-report/global-cosmetic-dyes-market/33130/

Asia Pacific Mobile Point of Sale (mPOS) Terminals Market https://www.maximizemarketresearch.com/market-report/asia-pacific-mobile-point-of-sale-mpos-terminals-market/39970/

Global Automotive Park Assist Systems Market https://www.maximizemarketresearch.com/market-report/global-automotive-park-assist-systems-market/27263/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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 a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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 Opportunities Analysis, Share And Business Growth here

News-ID: 3832133 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
09-25-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Infrared LED Market Set for Rapid Growth, Reaching USD 1.64 Billion by 2032
Infrared LED Market size was valued at USD 749.33 Mn 2024 and is expected to reach USD 1,640.45 Mn by 2032, at a CAGR of 10.29% Infrared LED Market Overview: The infrared (IR) LED market has witnessed remarkable growth due to its critical applications across diverse industries such as consumer electronics, automotive, healthcare, and security. Infrared LEDs emit light in the infrared spectrum, enabling functionalities like remote sensing, night vision, gesture recognition,โ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
09-25-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 Million by 2032 at 10.2 % CAGR - Millet Food Forecast Signals Robust Demand
09-25-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Millet Based Packaged Food Market to Surge from USD 47.95 Million to USD 104.30 โ€ฆ
According to a new report by Maximize Market Research, the global Millet Based Packaged Food Market was valued at USD 47.95 million in 2024 and is projected to reach approximately USD 104.30 million by 2032, growing at a compound annual growth rate (CAGR) of 10.2 % during 2025-2032. The growth is attributed to increased consumer preference for nutritious, gluten-free and convenient foods, particularly in Asia-Pacific and North American regions. โ–บ Getโ€ฆ
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2032 at 24.1% CAGR - Driven by Precision Farming Demand
09-25-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
Agricultural Robots Market to Soar from USD 15.67 B in 2024 to ~USD 88.15 B by 2 โ€ฆ
According to a new report by Maximize Market Research, the global agricultural robots market was valued at USD 15.67 billion in 2024 and is projected to reach approximately USD 88.15 billion by 2032, growing at a compound annual growth rate (CAGR) of 24.1 %. The expansion reflects accelerating adoption across North America, Europe, and Asia amid rising demand for automation in farming operations. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/34593/ โ™ฆ Keyโ€ฆ

All 5 Releases


More Releases for Refrigerant

09-11-2025 | Industry, Real Estate & Constr โ€ฆ
The Insight Partners
Complete Guide to Refrigerant Compressors
The Refrigerant Compressors Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth. Download PDF @ https://www.theinsightpartners.com/sample/TIPRE00022618?utm_source=OpenPr&utm_medium=10457 Segments Covered: By Type- Positive displacement Dynamic displacement By Construction- Open Hermetic Semi-hermetic By Cooling Capacity- Less than 100 kW 100-400 kW Above 400 kW By Application- Domestic Commercial Industrial Market leadersโ€ฆ
08-10-2025 | Chemicals & Materials
The Insight Partners
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 PDFโ€ฆ
05-02-2025 | Chemicals & Materials
The Insight Partners
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: โ€ข The Chemours Company โ€ข Arkema โ€ข Honeywell Internationalโ€ฆ
02-28-2025 | Chemicals & Materials
Business Market Insights
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 haveโ€ฆ
08-16-2023 | Advertising, Media Consulting, โ€ฆ
Valuates Reports
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 influenceโ€ฆ
03-15-2023 | Business, Economy, Finances, B โ€ฆ
The Market Insights
R22 Refrigerant Market | Comprehensive Analysis of Latest Trends and Development โ€ฆ
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 parametersโ€ฆ