Global Refrigerant Market to Reach A CAGR of 7.90% By The Year 2029

Refrigerant is a chemical substance which commonly used in your air conditioner and freeze. In refrigerants include, sulfur dioxide, chlorofluorocarbons, ammonia and hydrocarbons, like propane which are fluids and are used in refrigeration cycle and heat pump.

Data Bridge Market Research analyses that the global refrigerant market was valued at USD 22.98 billion in 2021 and is expected to reach USD 42.22 billion by 2029, registering a CAGR of 7.90% during the forecast period of 2022 to 2029.

The comprehensive Global Refrigerant Market report studies wide-ranging evaluation of the market growth predictions and restrictions. The strategies range from new product launches, expansions, agreements, joint ventures, partnerships, to acquisitions. This industry report comprises of a deep knowledge and information on what the market’s definition, classifications, applications, and engagements and also explains the drivers and restraints of the market which is derived from SWOT analysis. Global market analysis report serves a lot for the business and bestows with solution for the toughest business questions. While producing Global Refrigerant Market report, research and analysis has been carried out with one step or the combination of several steps depending upon the business and client necessities.
Global Refrigerant Market survey report includes CAGR value fluctuations with respect to rise or fall for the certain forecast time. The data collected to produce this business report is based on the data collection modules with large sample sizes. The vital highlights of this market report are key market dynamics, current market scenario and future prospects of the sector. What is more, rising product trends, major drivers, challenges and opportunities in the market are recognized and analysed factually while generating this report. With the use of well-established tools and techniques in Global Refrigerant Market report, complex market insights are turned into simpler version.

Global Refrigerant Market Scope and Market Size

The refrigerant market is segmented on the basis type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.


  • HCFCs
  • HFCs
  • HFOs
  • Isobutane
  • Propane
  • Ammonia
  • Carbon Dioxide
  • Others


  • Refrigerators
  • Large-Scale Refrigerators
  • Chillers
  • Air Conditioners
  • Heat Pumps
  • Others

End User

  • Domestic Household Refrigeration
  • Light Commercial Refrigeration
  • Commercial Racks and Condensing Units
  • Industrial Refrigeration


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Market Analysis and Insights: Global Refrigerant Market

  • Refrigerant is a chemical substance which commonly used in your air conditioner and freeze. In refrigerants include, sulfur dioxide, chlorofluorocarbons, ammonia and hydrocarbons, like propane which are fluids and are used in refrigeration cycle and heat pump. They find in many applications in industrial, residential, and commercial sectors. Refrigerants are also generally used in the automotive industry.
  • Refrigerant is a compound normally found in either a gaseous or fluid state. It willingly absorbs heat from the environment and provides air conditioning or refrigeration when combined with other components like evaporators and compressors. A refrigerant is a substance which is used in a heat cycle to transfer heat from one area to another. Generally a gas at room temperature. Found in pretty much the whole thing that cools, and after sometimes in things that heat, most commonly refrigerants are used in freezers, air conditioners, fridges, and vehicle air conditioners.
  • This  refrigerant market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. 

Global Refrigerant Market Country Level Analysis

  • The countries covered in the  refrigerant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
  • Asia-Pacific dominates the refrigerant market in terms of market share during the forecast period. This is due to the increasing demand for refrigerant in this region. The Asia-Pacific region leads the refrigerant market due to the increasing disposable income of the rising population along with rapid urbanization and industrialization in this region.

Global Refrigerant Market Share Analysis

The refrigerant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to refrigerant market.

Key player Global Refrigerant Market

  • Arkema (France)
  • Dongyue Group Co. Ltd. (China)
  • Honeywell International Inc. (US)
  • The Chemours Company (US)
  • Linde Plc (Ireland)
  • Air Liquide (France)
  • Sinochem Lantian Co. Ltd. (China)
  • Daikin Industries LTD, (Japan)
  • Mexichem (Mexico)
  • AGC Inc, (Japan)
  • Gas Servei (Spain)
  • Gujarat Fluorochemicals Ltd. (India)
  • Quimobasicos (Mexico)
  • Zhejiang Fotech International Co.Ltd. (China)
  • Tazzetti S.p.A. (Italy)
  • SRF Limited (India)
  • Changshu Sanaifu Zhonghao Chemical New Material Co., Ltd (China)
  • Shandong Yue'an Chemical Co., Ltd, (China)


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  • Chapter One: Introduction
  • Chapter Two: Market Segmentation
  • Chapter Three: Market Overview
  • Chapter Four: Executive Summary
  • Chapter Five: Premium Insights
  • Chapter Six: Global Refrigerant Market Share by Product Procedure type

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