
Refrigerants Market by Type and Application - Global Market Analysis and Forecast (2020 - 2025)
The Global Refrigerants Market investigation report contains Types, Application & all logical and factual briefs about market Overview, CAGR, Production Volume, Sales, Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East & Africa & The top Players like Air Liquide S.A., Arkema S.A., Asahi Glass Corporation, Daikin Industries, Ltd., Dongyue Group Co. Ltd., Honeywell International Inc., Mexichem Sab, Sinochem Lantian Co. Ltd., The Chemours Company, The Linde Group.
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The global refrigerants market is to increase from US$ 22.3 billion in 2020 to US$ 32.3 billion by 2025 with a compound annual growth rate (CAGR) of 7.7% for the period 2020-2025. Some of the prominent players in the refrigerants market are Air Liquide S.A., Arkema S.A., Asahi Glass Corporation, Daikin Industries, Ltd., Dongyue Group Co. Ltd., Honeywell International Inc., Mexichem Sab, Sinochem Lantian Co. Ltd., The Chemours Company, The Linde Group. The research report on the global refrigerants market provides extensive competition analysis and competitive conditions. The report includes information on significant products, players, challenges and developments, and other information specific to the refrigerants market. The global economy is highly affected by the COVID-19. Various sectors in the economy are much affected by this pandemic. It is anticipated that the global economy will decline because of the loss of trillions of dollars. The growing extension and imposition of lockdown in various countries directly affect the economy all over the world. The report consists of a chapter that provides a detailed study of the impact of COVID-19 on the refrigerants market. The data in this report is targeted for business and industry practitioners and specifically intended to assist in the explanation, direction, and to understand the potential of the refrigerants markets. The study focuses on providing readers with an understanding of developments in the industry, market segments, market forecasts, leading players, and market drivers and inhibitors.
Goals and objectives of the study
Understanding the opportunities and advancements of refrigerants is determining the market highlights, along with the foremost regions and countries involved in the growth of the market.
To study the diverse segments of the refrigerants market and the dynamics of refrigerants in the market.
To categorize segments of refrigerants with escalating growing potential and to value the futuristic market of the segments.
To analyze the major trends related to different segments that help in figuring and persuading the refrigerants market.
To check region-specific growth and development in the refrigerants market.
To understand the foremost stakeholders of the refrigerants market and the value of the competitive landscape of the leaders of the refrigerants market.
To study the key plans, initiatives, and strategies for the development of the refrigerants market.
Chapter 2, Market Overview provides an overview of the refrigerants market. The chapter includes macro-economic factors, market determinants (includes market drivers, restraints, opportunities, and challenges), value chain analysis, technology/product roadmap, Porter 5 force model analysis, market growth opportunity analysis.
Chapter 3, Segment Analysis of the study deals with the different sub-segments of the market to calculate reliable market forecasts. The chapter provides an in-depth analysis of the market segments of the refrigerants market, year-on-year growth projections that enable readers to identify potential market growth areas.
Market Segmentation
Based on type, the global refrigerants market is segmenting into ammonia, carbon dioxide, hcfcs, hfcs, hfos, isobutane, propane, others.
Based on application, the refrigerants market is segmenting into air-conditioning systems, chillers, refrigeration.
Chapter 4, Regional Analysis includes an in-depth analysis of the refrigerants market by regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The report also includes a comprehensive analysis of the market in key countries such as the United States, Canada, Germany, France, Italy, Spain, China, India, Japan, the GCC, South Africa, Brazil, Mexico, and the rest of the world. Regional insight helps market competitors to make crucial decisions about their company. Individualized, country-wise, and segment-wise analyses by region allow readers of the refrigerants market report to explore the potential of the market in different geographies. For each year's growth projections and a global share of value, this section is a vital part of the report.
Chapter 5, Competitive Analysis of the report includes company shares analysis, a list of acquisitions, mergers, collaboration, and the introduction of new products.
Chapter 6, Company Profile of the report also covers key industry players working on the refrigerants market. The report also discusses the business strategies adopted by the players at the global, regional, and country-level. The study also focuses on various businesses or inorganic business development strategies for expanding consumer networks through product formation, organization extension, partnerships, mergers, and acquisitions.
The study offers an exhaustive summary and estimate of the global refrigerants market. It includes in-depth qualitative and quantitative analyses in the report that aligned with the goals and objectives of our customers. Projections have been confirmed by comprehensive primary and secondary analysis. The study will encourage clients to invest in the refrigerants market based on the current business situation, trends, and potential developments in the segments. Understanding the requirement of the client, the report delivers specialist insights into the global refrigerants market, its products, and market patterns.
1.Introduction
2.Market Overview
2.1.Global Refrigerants Market Introduction
2.2.Macro- Economic Factor
2.3.Market Determinants
2.3.1.Market Driver
2.3.2.Market Restraints
2.3.3.Market Opportunities
2.3.4.Market Challenges
2.4.Technology/Product Roadmap
2.5.PEST Analysis
2.6.Market Growth Opportunity Analysis
2.7.Impact of Covid-19 on Refrigerants Market
3.Market Segmentation
3.1.Global Refrigerants Market Analysis (US$ Mn), By Type, 2019 – 2025
3.1.1.Ammonia
3.1.2.Carbon Dioxide
3.1.3.HCFCS
3.1.4.HFCS
3.1.5.HFOS
3.1.6.Isobutane
3.1.7.Propane
3.1.8.Others
3.2.Global Refrigerants Market Analysis (US$ Mn), By Application, 2019 – 2025
3.2.1.Air-Conditioning Systems
3.2.2.Chillers
3.2.3.Refrigeration
4.Regional Analysis
4.1.North America Refrigerants Market Analysis (US$ Mn), 2019 - 2025
4.1.1.By Country
4.1.1.1.U.S.
4.1.1.2.Canada
4.1.2.By Type
4.1.3.By Application
4.2.Europe Refrigerants Market Analysis (US$ Mn), 2019 - 2025
4.2.1.By Country
4.2.1.1.Germany
4.2.1.2.U.K.
4.2.1.3.France
4.2.1.4.Italy
4.2.1.5.Spain
4.2.1.6.Rest of Europe
4.2.2.By Type
4.2.3.By Application
4.3.Asia Pacific Refrigerants Market Analysis (US$ Mn), 2019 - 2025
4.3.1.By Country
4.3.1.1.China
4.3.1.2.Japan
4.3.1.3.India
4.3.1.4.Rest of Asia Pacific
4.3.2.By Type
4.3.3.By Application
4.4.Middle East & Africa Refrigerants Market Analysis (US$ Mn), 2019 - 2025
4.4.1.By Country
4.4.1.1.GCC
4.4.1.2.South Africa
4.4.1.3.Rest of Middle East & Africa
4.4.2.By Type
4.4.3.By Application
4.5.Latin America Refrigerants Market Analysis (US$ Mn), 2019 - 2025
4.5.1.By Country
4.5.1.1.Brazil
4.5.1.2.Mexico
4.5.1.3.Rest of Latin America
4.5.2.By Type
4.5.3.By Application
5.Company Profiles
5.1.Air Liquide S.A.
5.2.Arkema S.A.
5.3.Asahi Glass Corporation
5.4.Daikin Industries, Ltd.
5.5.Dongyue Group Co. Ltd.
5.6.Honeywell International Inc.
5.7.Mexichem Sab
5.8.Sinochem Lantian Co. Ltd.
5.9.The Chemours Company
5.10.The Linde Group
Research Methodology:
Refrigerants Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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