Market Research Logo

Refrigerant Market by Type (Fluorocarbon, Inorganics, and Hydrocarbons), and by Application (Domestic, Commercial, Transportation, Industrial, Stationary Air Conditioning, Chillers, and Mobile Air Conditioning) - Global Trends & Forecasts to 2020

Refrigerant Market by Type (Fluorocarbon, Inorganics, and Hydrocarbons), and by Application (Domestic, Commercial, Transportation, Industrial, Stationary Air Conditioning, Chillers, and Mobile Air Conditioning) - Global Trends & Forecasts to 2020

The refrigerants market is projected to register a CAGR of 6.0% between 2015 and 2020 to reach $21 billion. Increasing demand of cooling products, high growth in Asia-Pacific region and growing cold chain market are the main growth drivers for refrigerant market.

Asia-Pacific is the fastest growing region in the global refrigerants market. The countries dominating in the Asia-Pacific region are China, Japan, and India. These three countries together accounted for almost 80% of refrigerants consumption in Asia-Pacific. Asia-Pacific is also estimated to have the highest growth mainly due to growing end-user industries such as construction, automobile, food, and pharmaceutical in the region. Europe and Americas are comparatively small market for refrigerants and projected to grow at a moderate CAGR.

The fluorocarbon demand majorly dominates the global refrigerants market, followed by inorganic refrigerants. The fluorocarbons have high GWP and ODP, which makes them harmful to the environment, due to which many countries have started the phasing out of HCFCs and HFCs. The current market scenario is pushing the manufacturers to shift to non-hazardous low GWP refrigerants. As per the Montreal and Kyoto protocol, the use of high GWP refrigerants is regulated. Thus, the development of efficient refrigerant, which complies with the environmental norms, is the main challenge faced by the manufacturers. As per MAC Directive requirements, new model vehicle should use automotive refrigerant with a GWP of less than 150. So HFO-1234yf is developed which will be used in vehicles. These regulations provide huge potential for the natural refrigerants such as inorganic and hydrocarbon refrigerants, which are witnessing a significant CAGR of 10.0% and 9.4% respectively from 2015 to 2020.

The report analyzes the refrigerants market trends and forecasts till 2020. The market size has been provided in terms of value ($million), and volume (KT). The report also identifies prominent players and provides analysis for each player in terms of company overview, financials, products & services offered recent developments, and company strategy.

Scope of the report
This research report categorizes the global market for refrigerants on the basis of type market, function, and region in terms of revenues and analyzing trends in each of the sub markets.

On the basis of type: The market for refrigerants is segmented by type of refrigerants, such as fluorocarbon, inorganics, hydrocarbons and others. Each of these types has been further described in detail in the report with revenue forecasts as well.

On the basis of application: The market for refrigerants is segmented by applications, such as domestic refrigeration, commercial refrigeration, transportation refrigeration, industrial refrigeration, stationary AC, chillers, and mobiles AC. Each application is further described in detail in the report with revenue forecasts as well.

On the basis of region: The Refrigerants market by type and application is segmented by key regions—Europe, Americas, Asia-Pacific, and Rest of the world.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKETS SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED IN THIS REPORT
      • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP DOWN
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • MARKET SHARE ANALYSIS
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR REFRIGERANTS MANUFACTURERS
    • REFRIGERANTS MARKET GROWING AT A FAST PACE
    • REFRIGERANTS MARKET ATTRACTIVENESS
    • MARKET ATTRACTIVENESS, BY TYPE
    • LIFECYCLE ANALYSIS
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TYPE
      • REFRIGERANTS MARKET SEGMENTATION, BY APPLICATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table REFRIGERANTS: COOLING EQUIPMENT SHIPMENT MARKET SIZE, BY REGION, 2011-2021 (USD MILLION)
        • Table ASIA-PACIFIC: CONSTRUCTION SPENDING GROWTH RATE, BY COUNTRY, 2013-2018 (% SHARE)
        • Table INCREASING DEMAND IN ASIA-PACIFIC
      • RESTRAINTS
        • Table SCHEDULE FOR ELIMINATING HCFCS: NON ARTICLE 5 PARTIES
        • Table SCHEDULE FOR ELIMINATING HCFC: ARTICLE 5 PARTIES
        • Table STRINGENT REGULATIONS IS THE MAJOR RESTRAINT OF THE REFIGERANTS MARKET
      • OPPORTUNITIES
        • Table DEVELOPMENT OF NATURAL REFRIGERANTS IS A MAJOR OPPORTUNITY FOR REFRIGERANTS MANUFACTURERS
    • BURNING ISSUES
      • DEVELOPMENT OF NON HAZARDOUS, LOW GWP, AND ENERGY EFFICIENT REFRIGERANTS
        • Table REFRIGERANT WITH LOW GWP & ZERO ODP
      • INCREASING PRICES OF RAW MATERIALS
    • VALUE-CHAIN ANALYSIS
      • RAW MATERIAL ANALYSIS
        • Table FLUORSPAR: BULK PRICES, 2015- 2020 (USD/MT)
        • Table HYDROFLUORIC ACID: BULK PRICES, 2015-2020 (USD/MT)
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT FROM NEW ENTRANTS
      • BARGAINING POWER OF SUPPLIERS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • POLICIES & REGULATIONS
  • REFRIGERANTS MARKET, BY TYPE
    • INTRODUCTION
      • Table REFRIGERANTS MARKET SIZE, BY TYPE, 2015-2020 (KILOTON)
      • Table REFRIGERANTS MARKET SIZE, BY TYPE, 2015-2020 (USD MN)
    • FLUOROCARBONS
      • HYDROCHLOROFLUOROCARBONS (HCFCS)
        • Table TYPICAL HCFCS, ITS APPLICATIONS & GWPS FOR 100YR TIME
      • HYDROFLUOROCARBONS (HFCS)
        • Table HCFCS, ITS APPLICATIONS & GWPS FOR 100YR TIME
        • Table FLUOROCARBON REFRIGERANTS MARKET SIZE, BY REGION, 2015-2020 (KILOTON)
        • Table FLUOROCARBON REFRIGERANTS MARKET SIZE, BY REGION, 2015-2020 (USD MN)
    • INORGANIC
      • Table COMMONLY USED INORGANIC REFRIGERANTS, ITS APPLICATIONS & GWPS FOR 100YR TIME
      • Table INORGANIC REFRIGERANTS MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • Table INORGANIC REFRIGERANTS MARKET SIZE BY REGION, 2013-2020 (USD MN)
    • HYDROCARBON
      • Table HYDROCARBON REFRIGERANTS, ITS APPLICATIONS & GWPS FOR 100YR TIME
      • Table HYDROCARBON REFRIGERANTS MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • Table HYDROCARBON REFRIGERANTS MARKET SIZE, BY REGION, 2013-2020 (USD MN)
    • OTHERS
      • Table OTHER REFRIGERANTS MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • Table OTHER REFRIGERANTS MARKET SIZE BY REGION, 2013-2020 (USD MN)
  • REFRIGERANTS MARKET, BY APPLICATION
    • INTRODUCTION
      • Table REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
    • REFRIGERATION
      • DOMESTIC REFRIGERATION
        • Table DOMESTIC REFRIGERATION MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
        • Table DOMESTIC REFRIGERATION MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • COMMERCIAL REFRIGERATION
        • Table REPLACEMENT OPTIONS AVAILABLE FOR HCFC IN COMMERCIAL REFRIGERATION
        • Table COMMERCIAL REFRIGERATION MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • TRANSPORTATION REFRIGERATION
        • Table TYPES OF REFRIGERANT USED IN DIFFERENT COUNTRIES FOR TRANSPORTATION REFRIGERATION
        • Table ALTERNATE REFRIGERANTS, THEIR CHALLENGES & ADVANTAGES FOR TRANSPORT REFRIGERATION
        • Table TRANSPORTATION REFRIGERATION MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • INDUSTRIAL REFRIGERATION
        • Table CRITERIA FOR INDUSTRIAL REFRIGERATION
        • Table INDUSTRIAL REFRIGERATION MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
    • AIR CONDITIONING
      • STATIONARY AIR CONDITIONING
        • Table TYPE OF REFRIGERANTS USED IN AIR CONDITIONERS
        • Table STATIONARY AC REFRIEGRANT MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • CHILLERS
        • Table ALTERNATE REFRIGERANTS, THEIR ADVANTAGES & DIFFICULTIES FOR USAGE
        • Table CHILLERS REFRIGERANT MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
      • MOBILE AIR CONDITIONING
        • Table REFRIGERANT OPTION AVAILABLE FOR MAC APPLICATION WITH STATUS ON THEIR USAGE
        • Table ALTERNATE REFRIGERANTS FOR MAC SYSTEM, THEIR ADVANTAGES & DIFFICULTIES
        • Table MOBILE AC REFRIGERANT MARKET SIZE, BY REGION, 2013-2020 (KILOTON)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table REFRIGERANTS MARKET SIZE, BY REGION , 2013-2020 (KILOTON)
      • Table REFRIGERANTS MARKET SIZE, BY REGION, 2013-2020 (USD MN)
    • THE AMERICAS
      • Table THE AMERICAS: REFRIGERANTS MARKET SIZE BY APPLICATION, 2013-2020 (KILOTON)
      • Table THE AMERICAS: REFRIGERANTS MARKET SIZE BY TYPE, 2013-2020 (KILOTON)
      • Table THE AMERICAS: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (USD MN)
      • Table THE AMERICAS: REFRIGERANTS MARKET SIZE , BY COUNTRY 2013-2020 (KILOTON)
      • U.S.
        • Table U.S.: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2015-2020 (KILOTON)
        • Table U.S.: REFRIGERANTS MARKET SIZE, BY TYPE 2015-2020 (KILOTON)
      • CANADA
        • Table CANADA: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (USD MN)
        • Table CANADA: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • BRAZIL
        • Table BRAZIL: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table BRAZIL: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
      • Table ASIA-PACIFIC: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • Table ASIA-PACIFIC: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (USD MN)
      • Table ASIA-PACIFIC: REFRIGERANTS MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTON)
      • CHINA
        • Table CHINA: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table CHINA: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • INDIA
        • Table INDIA FLUOROCHEMICALS INDUSTRY
        • Table INDIA: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table INDIA: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • JAPAN
        • Table JAPAN: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table JAPAN: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • OTHERS
        • Table OTHERS: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
    • EUROPE
      • Table EUROPE: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
      • Table EUROPE: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • Table EUROPE: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (USD MN)
      • Table EUROPE: REFRIGERANTS MARKET SIZE, BY COUNTRY, 2013 -2020 (KILOTON)
      • GERMANY
        • Table GERMANY: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table GERMANY: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • FRANCE
        • Table FRANCE: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table FRANCE: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • U.K.
        • Table U.K.: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table U.K.: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • ITALY
        • Table ITALY: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table ITALY: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • OTHERS
        • Table OTHERS: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
        • Table OTHERS: REFRIGERANTS MARKET SIZE, BY TYPE, 2013 -2020 (KILOTON)
    • ROW
      • Table ROW: REFRIGERANTS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTON)
      • Table ROW: REFRIGERANTS MARKET SIZE, BY TYPE, 2013-2020 (KILOTON)
      • Table ROW: MARKET SIZE, BY TYPE, 2013-2020 (USD MN)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • NEW PRODUCT LAUNCH: THE MOST POPULAR GROWTH STRATEGY
    • MAXIMUM DEVELOPMENTS IN ASIA-PACIFIC
    • MAXIMUM DEVELOPMENTS IN 2013
    • THE CHEMOURS COMPANY: THE TOP-MOST PLAYER
    • COMPETITIVE SITUATION & TRENDS
      • EXPANSION
        • Table EXPANSION, 2012-2015
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2012-2015
      • SUPPLY CONTRACTS
        • Table SUPPLY CONTRACTS, 2012-2015
      • OTHERS
        • Table OTHERS, 2012-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • ARKEMA S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ASAHI GLASS CO. LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • THE CHEMOURS COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DAIKIN INDUSTRIES LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AIRGAS INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SRF LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • THE LINDE GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MEXICHEM S.A.B. DE C.V.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SINOCHEM GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report