Global Refrigerant Market Size,Trends and Growth opportunity,By Product (Fluorocarbon, Hydrocarbon, Inorganic,Others), By Application (Industrial Refrigeration,Domestic Refrigeration,Transport Refrigeration,Commercial Refrigeration, Stationary Air Conditioning,Chillers & Heat Pumps,Mobile Air Conditioning), By Region and forecast till 2027.
Report ID : IR100922 | Industries : Energy & Power | Published On :May 2024 | Page Count : 245
Global Refrigerant Market Size,Trends and Growth opportunity,By Product (Fluorocarbon, Hydrocarbon, Inorganic,Others), By Application (Industrial Refrigeration,Domestic Refrigeration,Transport Refrigeration,Commercial Refrigeration, Stationary Air Conditioning,Chillers & Heat Pumps,Mobile Air Conditioning), By Region and forecast till 2027.
Global Refrigerant Market
The global Refrigerant market size was valued at USD 16.08 billion in 2021 and is expected to expand USD 20.15 billion at a CAGR of 4.6 % during forecast period 2022- 2027.
Refrigerants are a chemical substance that absorb heat from the surroundings which commonly used in air conditioner and freeze. Refrigerants are also generally used in the automotive industry.
Market Drivers
The Rising demand for air conditioning in automobiles and in industrial and commercial refrigeration for retaining the temperature level act as key factor for the growth of market. Additionally, increasing demand for energy-efficient cooling solutions and rising awareness regarding global warming and ozone depletion propelling the growth of Refrigerant market.
Market Restraints
Government regulations regarding the limitations in the use of hydrocarbon refrigerants Due to the severe damage along with damage to ozone layer hinders the growth of market.Gas-based generators are available over diesel generators which restrict the market growth.
COVID-19 Impact on global Refrigerant Market
Outbreak of covid-19 impacted adversely as the lockdown is imposed by government leads to shutdown of manufacturing unit and disruption in supply chain and decrease in demand of refrigerant lead negative impact on market growth.
Market Segmentation
The global Refrigerant market segmented on the basis of Product, Application and Region .On the basis of product it is segmented into Fluorocarbon, Hydrocarbon, Inorganic,Others.On the basis of Application it segmented into Industrial Refrigeration,Domestic Refrigeration,Transport Refrigeration,Commercial Refrigeration, Stationary Air Conditioning,Chillers & Heat Pumps,Mobile Air Conditioning.On the basis of Region it is segmented into North America,Europe,Asia Pacific, Latin America,MEA.
Regional Analysis
The global Refrigerant market segmented into five regions North America,Europe,Asia Pacific,Latin America,MEA. North America dominate the market due to the continuously developing infrastructure of data centers and other commercial markets. Asia Pacific is also witnessed a significant rise in Refrigerant market.
Key Players
Various key players are listed in this report such as Arkema ,Dongyue Group CoLtd, Honeywell International Inc,The Chemours Company,Linde Plc,Air Liquide,Sinochem Lantian Co Ltd,Daikin Industries LTD ,Mexichem,AGC Inc,Gas Servei,Gujarat Fluorochemicals Ltd, Quimobasicos Zhejiang Fotech International Co Ltd,Tazzetti SpA,SRF Limited,Changshu Sanaifu Zhonghao Chemical New Material Co Ltd ,Shandong Yue'an Chemical Co Ltd.
Market Taxonomy
• By Product
? Fluorocarbon
? Hydrocarbon
? Inorganic
? Others
• By Application
? Industrial Refrigeration
? Domestic Refrigeration
? Transport Refrigeration
? Commercial Refrigeration
? Stationary Air Conditioning, Chillers & Heat Pumps
? Mobile Air Conditioning
• By Region
? North America
? Europe
? Asia Pacific
? Latin America
? Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Refrigerant Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Refrigerant Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Refrigerant Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Refrigerant Market, By Application Type
5.1 Y-o-Y Growth Comparison, By Application Type
5.3 Global Refrigerant Market Share Analysis, By Application Type
5.3 Global Refrigerant Market Size and Forecast, By Application Type
5.3.1 Industrial Refrigeration
5.3.2 Domestic Refrigeration
5.3.3 Transport Refrigeration
5.3.4 Commercial Refrigeration
5.3.5 Stationary Air Conditioning
5.3.6 Chillers & Heat Pumps
5.3.7 Mobile Air Conditioning
6 Global Refrigerant Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Refrigerant Market Share Analysis, By Product Type
6.3 Global Refrigerant Market Share Analysis, By Product Type
6.3.1 Fluorocarbon
6.3.2 Hydrocarbon
6.3.3 Inorganic
6.3.4 Others
7 Global Refrigerant Market, By Region
7.1 Global Refrigerant Market Share Analysis, By Region
7.2 Global Refrigerant Market Share Analysis, By Region
8 North America Refrigerant Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Refrigerant Market Share Analysis, By Application Type
8.3 North America Refrigerant Size and Forecast, By Product Type
8.4 North America Refrigerant Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Refrigerant Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Refrigerant Market Share Analysis, By Application Type
9.3 Europe Refrigerant Market Size and Forecast, By Product Type
9.4 Europe Refrigerant Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Refrigerant Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia-Pacific Refrigerant Market Size and Forecast, By Application Type
10.3 Asia-Pacific Refrigerant Market Size and Forecast, By Product Type
10.4 Asia-Pacific Refrigerant Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Refrigerant Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Refrigerant Market Size and Forecast, By Application Type
11.3 Latin America Refrigerant Market Size and Forecast, By Product Type
11.4 Latin America Refrigerant Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2.Rest of Latin America
12 Middle East Refrigerant Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Refrigerant Market Share Analysis, By Application Type
12.3 Middle East Refrigerant Market Size and Forecast, By Product Type
12.4 Middle East Refrigerant Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. Arkema
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Dongyue Group Co Ltd
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Honeywell International Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. The Chemours Company
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Linde Plc
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. Air Liquide
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. Sinochem Lantian Co Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Daikin Industries LTD
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. Mexichem
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. AGC Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11. Gas Servei
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12. Gujarat Fluorochemicals Ltd
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies
14.13. Quimobasicos Zhejiang Fotech International Co Ltd
14.13.1 Overview
14.13.2 Offerings
14.13.3 Key Financials
14.13.4 Business Segment & Geographic Overview
14.13.5 Key Market Developments
14.13.6 Key Strategies
14.14. Tazzetti SpA
14.14.1 Overview
14.14.2 Offerings
14.14.3 Key Financials
14.14.4 Business Segment & Geographic Overview
14.14.5 Key Market Developments
14.14.6 Key Strategies
14.15. SRF Limited
14.15.1 Overview
14.15.2 Offerings
14.15.3 Key Financials
14.15.4 Business Segment & Geographic Overview
14.15.5 Key Market Developments
14.15.6 Key Strategies
14.16. Changshu Sanaifu Zhonghao Chemical New Material Co Ltd
14.16.1 Overview
14.16.2 Offerings
14.16.3 Key Financials
14.16.4 Business Segment & Geographic Overview
14.16.5 Key Market Developments
14.16.6 Key Strategies
14.17. Shandong Yue'an Chemical Co Ltd
14.17.1 Overview
14.17.2 Offerings
14.17.3 Key Financials
14.17.4 Business Segment & Geographic Overview
14.17.5 Key Market Developments
14.17.6 Key Strategies