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Global Refrigerants Market Growth, Size, Trends Analysis- By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Aug 21, 2025
Length 244 Pages
SKU # SPER20470239

Description

Refrigerants Market Growth Introduction and Overview

According to SPER market research, ‘Global Refrigerants Market Size- By Product, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Refrigerants Market is predicted to reach 25.38 Billion by 2034 with a CAGR 4.95%.

Refrigerants are substances used in cooling systems like air conditioners, refrigerators, heat pumps, and chillers to facilitate heat exchange, enabling effective temperature control. They operate in a closed cycle, where they evaporate and condense to absorb and release heat. Over time, different types of refrigerants have been introduced, including CFCs, HCFCs, HFCs, and more environmentally friendly alternatives such as HFOs and natural refrigerants like ammonia, CO₂, and hydrocarbons.

Restraints : The refrigerants market faces several challenges that hinder its growth. Strict environmental regulations aimed at reducing ozone-depleting and high-global-warming-potential substances push manufacturers to develop and adopt greener alternatives. Safety concerns around the flammability and toxicity of some refrigerants add complexity, requiring careful handling and increasing costs.

Scope of the report :

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered : By Product, By Application

Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered
Honeywell International Inc., DAIKIN INDUSTRIES, Ltd., Arkema, DONGYUE GROUP, The Chemours Company, Orbia, SINOCHEM GROUP CO., LTD., Linde PLC, Air Liquide, SRF Limited.

Global Refrigerants Market Segmentation :

By Product : Based on the Product, Global Refrigerants Market is segmented as; Fluorocarbon, Hydrocarbon, Inorganic, Others

By Application : Based on the Application, Global Refrigerants Market is segmented as; (Industrial Refrigeration, Domestic Refrigeration, Transport Refrigeration, Commercial Refrigeration, Stationary Air Conditioning, Heat Pumps, Chiller, Mobile Air Conditioner.

By Region : This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.

Table of Contents

244 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Refrigerants Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Refrigerants Market
7. Global Refrigerants Market, By Product, (USD Million) 2021-2034
7.1. Fluorocarbon
7.2. Hydrocarbon
7.3. Inorganic
7.4. Others
8. Global Refrigerants Market, By Application, (USD Million) 2021-2034
8.1. Industrial Refrigeration
8.2. Domestic Refrigeration
8.3. Transport Refrigeration
8.4. Commercial Refrigeration
8.5. Stationary Air Conditioning, Heat Pumps, Chiller
8.6. Mobile Air Conditioner
9. Global Refrigerants Market, (USD Million) 2021-2034
9.1. Global Refrigerants Market Size and Market Share
10. Global Refrigerants Market, By Region, 2021-2034 (USD Million)
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. Honeywell International Inc.
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. DAIKIN INDUSTRIES, Ltd.
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Arkema
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. DONGYUE GROUP
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. The Chemours Company
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Orbia
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. SINOCHEM GROUP CO., LTD.
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Linde PLC
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Air Liquide
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. SRF Limited
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links

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