Global R410A Market Growth 2023-2029

Global R410A Market Growth 2023-2029

R410A, comprising R-32 and R-125, is the leading HFC refrigerant for replacing R-22 in positive displacement residential and light commercial air-conditioning and heat pump systems. It has higher cooling capacity and significantly higher pressure than R-22 and should be used only in systems specifically designed for R-410A.

LPI (LP Information)' newest research report, the “R410A Industry Forecast” looks at past sales and reviews total world R410A sales in 2022, providing a comprehensive analysis by region and market sector of projected R410A sales for 2023 through 2029. With R410A sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world R410A industry.

This Insight Report provides a comprehensive analysis of the global R410A 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 R410A portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global R410A market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for R410A 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 R410A.

The global R410A market size is projected to grow from US$ 1691.4 million in 2022 to US$ 2110.9 million in 2029; it is expected to grow at a CAGR of 2110.9 from 2023 to 2029.

Global R410A key players include Chemours (DuPont), Honeywell, Mexichem, Arkema, Dongyue Federation, etc. Global top five players hold a share about 45%.

China is the largest market, with a share about 40%, followed by North America and Europe, having a total share about 45 percent.

In terms of product, Qualified Grade is the largest segment, with a share about 60%. And in terms of application, the largest application is Residential Air Conditioning, followed by Industrial and Commercial Air Conditioning, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of R410A market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Qualified Grade

Excellent Grade

Segmentation by application

Industrial and Commercial Air Conditioning

Residential Air Conditioning

Others

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.

Chemours Company

Honeywell

Mexichem

Arkema

The Linde Group

Juhua Group

Dongyue Federation

Meilan

Huaan New Material

Sinochem

Limin Chemicals

Bailian Chemical

SINOLOONG

FEY YUAN CHEMICAL

Gemeifu Chemical Industry

Xilong Group

Sanmei

Key Questions Addressed in this Report

What is the 10-year outlook for the global R410A market?

What factors are driving R410A market growth, globally and by region?

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

How do R410A market opportunities vary by end market size?

How does R410A break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.