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Home » Global refrigerants market to increase by CAGR of 5.66% through to 2030

Global refrigerants market to increase by CAGR of 5.66% through to 2030

The refrigerants market size was estimated at USD14.04-billion in 2023, USD14.76-billion in 2024, and is expected to grow at a compound annual growth rate (CAGR) of 5.66% to reach USD20.65-billion by 2030.

Compound annual growth rate.
Compound annual growth rate. Image Credit: Refrigeration Industry

The market share analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the refrigerants market. By meticulously comparing and analysing vendor contributions in terms of overall revenue, customer base and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key company profiles

The report delves into recent significant developments in the Refrigerants Market, highlighting leading vendors and their innovative profiles. These include A-Gas International Limited, AGC Inc., Arkema, Beijing Starget Chemicals, Daikin Industries, Dongyue Fluorosilicone Science and Technology Group, DuPont de Nemours, Engas, GAS SERVEI, Gujarat Fluorochemicals, Gupta Oxygen, Honeywell International, HyChill Australia, Linde, Linhai Limin Chemicals, L’AIR LIQUIDE, MexFluor India, Navin Fluorine International, Orbia Advance Corporation S.A.B. de CV, Puyang Zhongwei FINE Chemical, Refex Industries Limited, Refrigerants Australia, Shandong Yuean chemical industry, Sinochem Holdings Corporation, SRF by Kama Holdings, Tazzetti, The Chemours Company, Yingpeng Chemical, Zhejiang Fotech International and Zhejiang MR Refrigerant.

Market segmentation and coverage

This research report categorises the refrigerants market to forecast the revenues and analyse trends in each of the following sub-markets:


  • Ammonia
  • Carbon Dioxide
  • Fluorocarbons
  • Hydrocarbons
  • Hydrofluorocarbons


  • Air Conditioning System
  • Ducted
  • Ductless
  • Refrigeration System
  • Commercial
  • Domestic
  • Industrial


  • Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
  • California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East and Africa
  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom

Source: Refrigeration Industry