Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Refrigerants Market to Be Worth $10.5 Billion by 2031 - Exclusive Report by Meticulous Research®

This image opens in the lightbox

News provided by

Meticulous Market Research Pvt. Ltd.

21 Nov, 2024, 20:50 GMT

Share this article

Share toX

Share this article

Share toX

REDDING, Calif., Nov. 21, 2024 /PRNewswire/ -- According to a new market research report titled, ' Refrigerants Market by Type (CFCs, HCFCs, HFCs, HCs, CO2, HFO), Application (Air-conditioning, Refrigeration, Chilling and Heating), End User (Residential, Commercial, Industrial), and Geography—Global Forecast to 2031,'

The refrigerants market is projected to reach $10.5 billion by 2031, at a CAGR of 5.8% from 2024 to 2031.

This image opens in the lightbox
Refrigerants Market Size, Share, Trends & Growth Report 2031

The refrigerants market is experiencing growth driven by the increased adoption of air conditioning and refrigeration for commercial applications, as well as the rising implementation of regulatory and environmental policies promoting sustainable refrigerants. On the other hand, market growth is restrained by flammability and toxicity issues.

In addition, the growing demand for refrigeration and storage solutions in the pharmaceutical industry and the increasing need for refrigerants in automotive HVAC systems present significant growth opportunities for market players. However, high operational costs pose a significant challenge to market growth.

Moreover, the increasing demand for natural refrigerants, increasing green building certifications, and sustainable construction practices are prominent market trends in the refrigerants market.

Download FREE PDF Brochure Of Refrigerants Market - https://www.meticulousresearch.com/download-sample-report/cp_id=6011

Key Players:

Some of the major players studied in this report are Honeywell International Inc. (U.S.), Daikin Industries, Ltd. (Japan), Linde plc (Ireland), L'AIR LIQUIDE S.A. (France), A–Gas International Limited (U.K.), The Chemours Company (U.S.), Tazzetti S.p.A. (Italy), AGC Inc. (Japan), DuPont de Nemours, Inc. (U.S.), Arkema Group (France), Dongyue Group Limited (China), Sinochem Group Co., Ltd. (China), SRF LIMITED (India), Gujarat Fluorochemicals Limited  (India), and Engas Pty Ltd (Australia).

The refrigerants market is segmented by type (chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), hydrofluorocarbons (HFCs), hydrocarbons (HCs), ammonia, water refrigerant, carbon dioxide (CO2), hydrofluoroolefin (HFO), Iso-butane, propane, and other types); application (air-conditioning {split Acs, window Acs, centralized/ducted Acs, VRF (variable refrigerant flow) systems, and portable AC}, refrigeration, chilling and heating, and other applications); end user (residential, commercial {supermarkets, warehouses, hospitality, transportation, healthcare, and food service}, industrial { food & beverage, automotive, chemical & petrochemical, medical & pharmaceutical, agriculture, power generation, and other industries}, and data centers). The report also provides a comprehensive analysis of the refrigerants market in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Get Insightful Data On Regions, Market Segments, Customer Landscape, And Top Companies (Charts, Tables, Figures And More) - https://www.meticulousresearch.com/request-sample-report/cp_id=6011

Key Findings in the refrigerants Market Study:

By type, the chlorofluorocarbons (CFCs) segment is slated to register the highest CAGR during the forecast period. The increasing use of CFC refrigerants, driven by their chemical stability that facilitates safe storage and transportation, and the rising demand for CFCs in HVAC systems are key factors expected to support the rapid growth of this segment.

By application, the air-conditioning segment is slated to register the highest CAGR during the forecast period. The growing adoption of refrigerants in various air conditioning systems, including split systems, window units, and central air systems, along with the increasing use of refrigerants for their low toxicity and non-flammability, which enhance safety in both residential and commercial AC applications, are factors expected to support the rapid growth of this segment.

Have Specific Research Needs? Request a Customized Research Report - https://www.meticulousresearch.com/request-customization/cp_id=6011

By end user, the commercial segment is slated to register the highest CAGR during the forecast period. The growing use of refrigerants for air conditioning in commercial settings such as supermarkets, restaurants, and office buildings, the rising consumption of frozen and packaged foods, and the increasing demand for natural refrigerants in commercial refrigeration applications are factors expected to support the rapid growth of this segment.

By geography, the Asia-Pacific market is slated to register the highest CAGR of 7.0% during the forecast period. Rising industrial development and economic growth in the region, as well as the growing demand for efficient refrigeration solutions in sectors such as food processing, pharmaceuticals, and logistics, are expected to support the rapid growth of this regional market.

IMMEDIATE DELIVERY AVAILABLE | BUY THIS RESEARCH REPORT (Insights, Charts, Tables, Figures and More)- https://www.meticulousresearch.com/Checkout/17087302

Scope of the Report:

Refrigerants Market Assessment—by Type

  • Chlorofluorocarbons (CFCs)
  • Hydrochlorofluorocarbons (HCFCs)
  • Hydrofluorocarbons (HFCs)
  • Hydrocarbons (HCs)
  • Ammonia
  • Water Refrigerant
  • Carbon Dioxide (CO2)
  • Hydrofluoroolefin (HFO)
  • Iso-Butane
  • Propane
  • Other Types

Refrigerants Market Assessment—by Application

  • Air-conditioning
    • Split ACs
    • Window ACs
    • Centralized/Ducted ACs
    • VRF (Variable Refrigerant Flow) Systems
    • Portable AC
  • Refrigeration
  • Chilling and Heating
  • Other Applications

Refrigerants Market Assessment—by End User

  • Residential
  • Commercial
    • Supermarkets
    • Warehouses
    • Hospitality
    • Transportation
    • Healthcare
    • Food Service
  • Industrial
    • Food & Beverage
    • Automotive
    • Chemical & Petrochemical
    • Medical & Pharmaceutical
    • Agriculture
    • Power Generation
    • Other Industries
  • Data Centers

Refrigerants Market Assessment—by Geography

  • North America
    • S.
    • Canada
  • Europe
    • Germany
    • K.
    • France
    • Italy
    • Netherlands
    • Spain
    • Sweden
    • Poland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Singapore
    • Australia & New Zealand
    • Indonesia
    • Thailand
    • Malaysia
    • Rest of Asia-Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Israel
    • Rest of Middle East & Africa

Related Reports:

Natural Refrigerants Market Size, Share, Forecast, & Trends Analysis by Refrigerant Type (Ammonia, Carbon Dioxide, Hydrocarbon), Application (Refrigeration, Air-conditioning), End User (Residential, Industrial, Commercial), and Geography - Global Forecast to 2031 - https://www.meticulousresearch.com/product/natural-refrigerants-market-5912

Automotive HVAC Market Size, Share, Forecast, & Trends Analysis by Offering (Hardware, Services), Operation Mode (Manual HVAC, Automatic HVAC), Application (ICE Vehicles, EV Vehicles), End User (OEM, Aftermarket), and Geography - Global Forecast to 2031 - https://www.meticulousresearch.com/product/automotive-hvac-market-5913

Medical Cooling Systems Market By Product [Equipment (Standard, Customize), Accessories], Type (Air Cooled), Model (Split, Modular System), Compressor (Scroll, Screw), Application (MRI, CT, PET, Laser), End User (OEM, Hospital)- Global Forecast To 2024 - https://www.meticulousresearch.com/product/medical-cooling-systems-market-4911

Solid State Cooling Market Size, Share, Forecast, & Trends Analysis by Type (Single, Multi, Thermocycler), Product (Refrigeration, Cooling), Technology (Thermoelectric, Electrocaloric), Application, and End-use Industry - Global Forecast to 2031 - https://www.meticulousresearch.com/product/solid-state-cooling-market-5982

Refrigerants Market Research Summary

Particulars

Details

Number of Pages

250

Format

PDF

Forecast Period

2024–2031

Base Year

2023

CAGR (Value)

5.8 %

Market Size (Value)

USD 10.5 billion by 2031

Segments Covered

By Offering

  • Chlorofluorocarbons (CFCs)
  • Hydrochlorofluorocarbons (HCFCs)
  • Hydrofluorocarbons (HFCs)
  • Hydrocarbons (HCs)
  • Ammonia
  • Water Refrigerant
  • Carbon Dioxide (CO2)
  • Hydrofluoroolefin (HFO)
  • Iso-Butane
  • Propane
  • Other Types

By Application

  • Air-conditioning
    • Split ACs
    • Window ACs
    • Centralized/Ducted ACs
    • VRF (Variable Refrigerant Flow) Systems
    • Portable AC
  • Refrigeration
  • Chilling and Heating
  • Other Applications

By End User

  • Residential
  • Commercial
    • Supermarkets
    • Warehouses
    • Hospitality
    • Transportation
    • Healthcare
    • Food Service
  • Industrial
    • Food & Beverage
    • Automotive
    • Chemical & Petrochemical
    • Medical & Pharmaceutical
    • Agriculture
    • Power Generation
    • Other Industries
  • Data Centers

Countries Covered

North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Netherlands, Spain, Sweden, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Singapore, Australia & New Zealand, Indonesia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and the Middle East & Africa (UAE, Saudi Arabia, Israel, and Rest of Middle East & Africa).

Key Companies

Honeywell International Inc. (U.S.), Daikin Industries, Ltd. (Japan), Linde plc (Ireland), L'AIR LIQUIDE S.A. (France), A–Gas International Limited (U.K.), The Chemours Company (U.S.), Tazzetti S.p.A. (Italy), AGC Inc. (Japan), DuPont de Nemours, Inc.(U.S.), Arkema Group (France), Dongyue Group Limited (China), Sinochem Group Co., Ltd. (China), SRF LIMITED (India), Gujarat Fluorochemicals Limited (India), and Engas Pty Ltd (Australia)

Contact:
Meticulous Market Research Pvt.Ltd.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Meticulousblog.org | Top Market Research Reports Blog - https://meticulousblog.org/
Content Source: https://www.meticulousresearch.com/pressrelease/1244/refrigerants-market

Photo - https://mma.prnewswire.com/media/2564555/Refrigerants_Growth_Report_2031.jpg
Logo - https://mma.prnewswire.com/media/1757980/5042683/Meticulous_Research_Logo_1.jpg

Modal title

Also from this source

Software Defined Radio Market to Reach $49.7 Billion by 2035, Growing at a CAGR of 7.8% from 2025 -- Exclusive Report by Meticulous Research®

Software Defined Radio Market to Reach $49.7 Billion by 2035, Growing at a CAGR of 7.8% from 2025 -- Exclusive Report by Meticulous Research®

According to a new market research report titled "Software Defined Radio Market by Type (General Purpose Radio, Joint Tactical Radio System,...

Industrial Hemp Market to Reach $38 Billion by 2035, Growing at a CAGR of 17.2% from 2025 -- Exclusive Report by Meticulous Research®

Industrial Hemp Market to Reach $38 Billion by 2035, Growing at a CAGR of 17.2% from 2025 -- Exclusive Report by Meticulous Research®

According to a new market research report titled "Industrial Hemp Market: Size & Forecast by Product Type (Hemp Seeds, Hemp Fiber, Hemp Oil), Source...

More Releases From This Source

Explore

Household, Consumer & Cosmetics

Household, Consumer & Cosmetics

Chemical

Chemical

Chemical

Chemical

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.