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Global Refrigerants Market to reach USD XX million by 2028.

Global Refrigerants Market Size study, By Type (HFC & Blends, HFO, Propane, Carbon Dioxide, Other), By Application (Refrigeration system, Air conditioning system, Chillers, MAC), and Regional Forecasts 2022-2028

Product Code: ECE-69949922
Publish Date: 4-07-2022
Page: 200

Global Refrigerants Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. A refrigerant is a mixture of fluid substances that are primarily utilized in the refrigeration cycle of heat pumps and air conditioning systems. This acts as a coolant that gets converted from liquid to gas during the refrigeration cycle. Refrigerants are highly adopted because of their properties such as moderate density in liquid form, high heat vaporization, high density in gaseous form, and non-corrosive nature. The flourishing development of the processed food sector, the rapid growth of the pharmaceutical industry, and the increasing demand for consumer appliances are the primary factors fostering market demand across the globe. For instance, according to the National Investment Promotion & Facilitation Agency, in 2021, FDI inflows of the Indian food processing sector were projected to upsurge by USD 393.41 million and accounted for nearly USD 10.88 billion (from April 2000 to November 2021). In addition, the Indian food processing sector is anticipated to reach around USD 470 billion by the year 2025. Thereby, the growth of the processed food sector is fueling the demand for refrigerants to protect food from spoilage, which, in turn, bolsters the global market growth. However, the imposition of stringent regulations against fluorocarbon refrigerants and the risk associated with the flammability and toxicity issues impede the growth of the market over the forecast period of 2022-2028. Also, the surging demand for natural refrigerants and the growth of the cold chain industry is anticipated to act as catalyzing factors for the market demand during the forecast period.

The key regions considered for the global Refrigerants Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the presence of a huge industrial base, growing urbanization, and increasing disposable income. Whereas, North America is anticipated to exhibit a substantial growth rate over the forecast period 2022-2028. Factors such as the rising investment in R&D activities, as well as presence of leading market players, would create lucrative growth prospects for the Refrigerants Market across the North American region.

Major market players included in this report are:
Honeywell International Inc.
The Chemours Company
The Linde Group
Air Liquide
Daikin Industries Ltd.
Sinochem Group
Arkema S.A.
Asahi Glass Corporation
A-GAS international
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
HFC & Blends
Carbon Dioxide
By Application:
Refrigeration system
Air conditioning system
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Refrigerants Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Refrigerants Market, by Region, 2020-2028 (USD Million)
1.2.2. Refrigerants Market, by Type, 2020-2028 (USD Million)
1.2.3. Refrigerants Market, by Application, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Refrigerants Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Refrigerants Market Dynamics
3.1. Refrigerants Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Flourishing development of the processed food sector Rapid growth of the pharmaceuticals industry Increasing demand for consumer appliances
3.1.2. Market Challenges Imposition of stringent regulations against fluorocarbon refrigerants Risk associated with the flammability and toxicity issues
3.1.3. Market Opportunities Surging demand for natural refrigerants Growth of the cold chain industry
Chapter 4. Global Refrigerants Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Refrigerants Market, by Type
6.1. Market Snapshot
6.2. Global Refrigerants Market by Type, Performance – Potential Analysis
6.3. Global Refrigerants Market Estimates & Forecasts by Type, 2018-2028 (USD Million)
6.4. Refrigerants Market, Sub Segment Analysis
6.4.1. HFC & Blends
6.4.2. HFO
6.4.3. Propane
6.4.4. Carbon Dioxide
6.4.5. Other
Chapter 7. Global Refrigerants Market, by Application
7.1. Market Snapshot
7.2. Global Refrigerants Market by Application, Performance – Potential Analysis
7.3. Global Refrigerants Market Estimates & Forecasts by Application, 2018-2028 (USD Million)
7.4. Refrigerants Market, Sub Segment Analysis
7.4.1. Refrigeration system
7.4.2. Air conditioning system
7.4.3. Chillers
7.4.4. MAC
Chapter 8. Global Refrigerants Market, Regional Analysis
8.1. Refrigerants Market, Regional Market Snapshot
8.2. North America Refrigerants Market
8.2.1. U.S. Refrigerants Market Type breakdown estimates & forecasts, 2018-2028 Application breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Refrigerants Market
8.3. Europe Refrigerants Market Snapshot
8.3.1. U.K. Refrigerants Market
8.3.2. Germany Refrigerants Market
8.3.3. France Refrigerants Market
8.3.4. Spain Refrigerants Market
8.3.5. Italy Refrigerants Market
8.3.6. Rest of Europe Refrigerants Market
8.4. Asia-Pacific Refrigerants Market Snapshot
8.4.1. China Refrigerants Market
8.4.2. India Refrigerants Market
8.4.3. Japan Refrigerants Market
8.4.4. Australia Refrigerants Market
8.4.5. South Korea Refrigerants Market
8.4.6. Rest of Asia Pacific Refrigerants Market
8.5. Latin America Refrigerants Market Snapshot
8.5.1. Brazil Refrigerants Market
8.5.2. Mexico Refrigerants Market
8.6. Rest of The World Refrigerants Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Honeywell International Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. The Chemours Company
9.2.3. The Linde Group
9.2.4. Air Liquide
9.2.5. Daikin Industries Ltd.
9.2.6. Sinochem Group
9.2.7. Arkema S.A.
9.2.8. Orbia
9.2.9. Asahi Glass Corporation
9.2.10. A-GAS international
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

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