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Automotive Refrigerant Market Driven by Transition to Low‐GWP HFOs, EV Heat Pump Integration, and Global A/C Emission Regulations in Passenger and Commercial Vehicles

07-02-2025 09:57 AM CET | Chemicals & Materials

Press release from: DataM intelligence 4 Market Research LLP

Automotive Refrigerant Market

Automotive Refrigerant Market

Automotive Refrigerant Market reached US$ 2.7 billion in 2023 and is expected to reach US$ 5.4 billion by 2031, growing with a CAGR of 9.1% during the forecast period 2024-2031.

Automotive Refrigerant Market is positioned for robust growth, with advancements in [relevant tech or sector] and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.

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Automotive Refrigerant Market Landscape Analysis :

The Automotive Refrigerant Market is expanding as global vehicle production rises and air‐conditioning systems become standard across passenger and commercial fleets. Regulatory pressures to phase down high‐GWP HFCs and replace them with sustainable alternatives such as HFO‐1234yf are driving significant reformulation and retrofit activities.

Automotive Refrigerant Market: Shifting Industry Trends and Market Potential

Key trends include the rapid adoption of low‐GWP HFO refrigerants, the integration of heat‐pump A/C systems in electric vehicles, and investments in recovery and recycling infrastructure to minimize environmental impact. With escalating global emissions targets and the growth of EVs, the market offers substantial growth opportunities for next‐generation refrigerant producers and A/C system OEMs.

Strategic Players Driving the Automotive Refrigerant Market Forward :

Arkema Inc., Chemours Company, Dongyue Group Ltd., DURACOOL Refrigerants Inc., Honeywell International Inc., Linde AG, Mexichem, S.A.B. de C.V, National Refrigerants, Inc., Sinochem American Holdings, Inc. and Vision Global Technology.

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Segment Covered in the Automotive Refrigerant Market:

By Product

R134a
R1234yf
Others

By Distribution Channel

OEM
Aftermarket

By Vehicle

Passenger car
Commercial vehicle

Regional Analysis for Automotive Refrigerant Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Automotive Refrigerant Market Research Industry:

✒ What are the primary drivers fueling growth in the Automotive Refrigerant Market today?
✒ Which companies are currently leading innovation and market share in the Automotive Refrigerant Market?
✒ In what ways is the current regulatory environment influencing the Automotive Refrigerant Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Automotive Refrigerant Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Automotive Refrigerant Market?

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About Us -

DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

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