Press release
Refrigerant Market Booms Amid Eco-Friendly Innovation & Cooling Demand Surge | Forecast to 2031 | Leading key players - Daikin Industries Limited, Arkema SA, Dongyue Group Co. Ltd.
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The Refrigerant Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Refrigerant Market refers to the global industry involved in the production, distribution, and use of chemical compounds used in cooling systems such as air conditioners, refrigerators, and heat pumps. These substances absorb and release heat to enable temperature regulation. The market is driven by environmental regulations, technological advancements, and demand for energy-efficient and eco-friendly refrigerants.
Prominent Industry players in the Refrigerant Market
The prominent players in Refrigerant market research report are: Daikin Industries Limited, Arkema SA, Dongyue Group Co. Ltd, Sinochem Corporation, Gas Servei S.A., Honeywell International Inc, The Linde Group, Mexichem S.A.B. de C.V., Zhejiang Fotech International Co Ltd, Changsu 3F Fluorochemical Industry Co Ltd, Tazzetti SPA, Quimobasicos Sa De Cv, AGC Inc, SRF Limited, Airgas and A-Gas and others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Industry News of USA:
✅ 2025 - Honeywell Launches Low-GWP Refrigerant for Commercial Cooling Systems
Honeywell unveiled a new low-global warming potential (GWP) refrigerant, designed specifically for commercial HVAC applications. The product aims to meet upcoming regulatory standards under the AIM Act while offering high energy efficiency and performance.
✅ 2024 - Chemours Expands OpteonTM Production Capacity in Texas
Chemours announced the expansion of its OpteonTM YF refrigerant production plant in Corpus Christi, Texas. The investment boosts supply to support the rising demand for sustainable refrigerants in automotive and air conditioning sectors.
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Market Segments
By Type: Mineral Oils, Hydrochlorofluorocarbons (HCFCs) (R22, R123, R124, R133, R401 (A, B), R402 (A, B), R408A, R409A, Others), Synthetic (PAO, PAG, Silicones, Glycol Based Fluids), Chlorofluoro Carbon (CFC) (R11, R12, R113, R114, R115, R13, R14, R500, R502, R503, Others), Hydrofluoro Carbon (HFC) (R23, R116, R134A, R32, R125, R143A, R407C & R407F, Others), Paraffinic Oils, Propane, Mixed Refrigerants/Blend, Chemical Aromatics, Hydrofluoroolefin (HFO), Carbon Dioxide, Ammonia, Others.
By Application: Refrigeration Systems (Small-Scale Refrigeration Systems (Household, Commercial, Transport), Large-Scale Refrigeration Systems (Industrial, Supermarket/Hypermarket)), Chillers (Centrifugal, Displacement), Air-Conditioning Systems, Mac (Mobile Air Conditioning System), Heat Pumps, Others.
The Refrigerant industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Refrigerant Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Refrigerant Market?
✒ Who are the prominent players in the Refrigerant Market?
✒ How is the regulatory landscape affecting the Refrigerant Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Refrigerant Market?
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