Global Refrigerant Sales Market Report 2023

Market Analysis and Insights: Global Refrigerant Market

Refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again.

Due to the COVID-19 pandemic, the global Refrigerant market size is estimated to be worth US$ 3786 million in 2022 and is forecast to a readjusted size of US$ 4770.3 million by 2029 with a CAGR of 3.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, HCFC accounting for % of the Refrigerant global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Air Condition segment is altered to an % CAGR throughout this forecast period.

China and North America are the main markets for refrigerants, with market share of more than 30% and 25%. The main manufacturers in the market include chemours, Honeywell, Mechem, Daikin and Arkema, with nearly half of the market share of the top five manufacturers.

Global Refrigerant Scope and Market Size

The global Refrigerant market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Refrigerant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


HCFC

HFC

HC

Other


Segment by Application


Air Condition

Automotive Air Conditioner

Refrigerator

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Chemours

Honeywell

Mexichem

Daikin

Arkema

Linde

Navin Fluorine International

GFL

Dongyue Group

Zhejiang Juhua

Meilan Chemical

Sanmei

3F

Yuean Chemical

Ying Peng Chemical

Yonghe Refrigerant

Limin Chemicals

China Fluoro Technology

Frequently Asked Questions