Global R152a Refrigerant Market Growth 2024-2030

Global R152a Refrigerant Market Growth 2024-2030

R152a Refrigerant is a pure hydrofluorocarbon (HFC), which may be used in a wide range of applications as a replacement for R134a, as it features significantly lower GWP (124) and zero ODP. R152a is a lower-flammability refrigerant (Safety Class A2). R152a is used in applications for chiller systems and general air-conditioning systems as well as medium/high temperature cooling systems. By using R152a as a replacement for R134a the refrigeration load is approximately 30% lower, which involves significantly lower GWP for the equipment. Furthermore, R152a is also being applied to some new refrigerant gas blends.

The global R152a Refrigerant market size is projected to grow from US$ 122.3 million in 2023 to US$ 160.3 million in 2030; it is expected to grow at a CAGR of 3.9% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “R152a Refrigerant Industry Forecast” looks at past sales and reviews total world R152a Refrigerant sales in 2023, providing a comprehensive analysis by region and market sector of projected R152a Refrigerant sales for 2024 through 2030. With R152a Refrigerant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world R152a Refrigerant industry.

This Insight Report provides a comprehensive analysis of the global R152a Refrigerant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on R152a Refrigerant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global R152a Refrigerant market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for R152a Refrigerant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global R152a Refrigerant.

United States market for R152a Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for R152a Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for R152a Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key R152a Refrigerant players cover Linde Gas, Refex Industries Limited, Zhejiang Fotech International Co., Ltd, Zhejiang Juhua and Luzhou Sanhe Fluorine Chemical Co., Ltd., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of R152a Refrigerant market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Purity ＞99.9%
Purity ≤99.9%

Segmentation by application
Commercial Refrigeration
Residential Refrigeration
Industrial Refrigeration
Automotive Refrigeration

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Linde Gas
Refex Industries Limited
Zhejiang Fotech International Co., Ltd
Zhejiang Juhua
Luzhou Sanhe Fluorine Chemical Co., Ltd.
Zhejiang ICE LOONG
Quzhou Quhua Zhongxing Refrigeration Technology Co.,Ltd.
Zibo Bainaisi Chemical CO. Ltd.
Beijing Starget Chemicals Co., Ltd.
Shandong Shing Chemical Co., Ltd.
Sino-Cool Refrigeration Parts Industry Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global R152a Refrigerant market?

What factors are driving R152a Refrigerant market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do R152a Refrigerant market opportunities vary by end market size?

How does R152a Refrigerant break out type, application?

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