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Refrigerants Market Global Opportunity Analysis and Industry Forecast, 2014-2022

No. of Pages: 170 Publish: Jan 2017


Refrigerants Market

In 2015, the cost of azeotropic refrigerants is relatively higher than other refrigerants, but is expected to plummet by 2022, owing to rapid innovations in the production processes of azeotropic refrigerants and rise in their demand across several end user industries

- Eswar Prasad


Refrigerants Market Overview • In 2015, the global refrigerants market size was valued at $9,552 million and is expected to reach $18,509 million by 2022, registering a CAGR of 9.9% during the forecast period.

• Refrigerant is a chemical mixture of fluids, which function as cooling agents in heat pumps & refrigeration cycles. • The refrigerants market has witnessed rapid growth, owing to their increasing scope of applications in mobile ACs and transportation, especially in the developing economies. • The global refrigerants market is segmented based on type, application, and geography. Based on application, the global refrigerants market is segmented into AC and refrigeration.


Refrigerants Market Report Key Benefits • The report provides an extensive analysis of the current trends and future projections of the global refrigerants market. • The refrigerant market research provides comprehensive analyses of key regions North America, Europe, Asia-Pacific, and LAMEA to understand the regional trends. • The report includes the qualitative and quantitative analysis of the current market for the period of 2014‐2022 to determine the prevailing opportunities. • Comprehensive analysis of factors that drive and restrict the growth of the global refrigerants market is provided in the report. • Extensive refrigerants market analysis is conducted by following key product positioning, and by monitoring the top competitors within the market framework. • The report provides extensive qualitative insights on the potential and niche segments or regions. • The report furnishes key insights on strategic analysis of various companies as well as the value chain analysis of refrigerants.


Refrigerants Market Report Key Findings • The hydrocarbons segment is anticipated to grow at the fastest CAGR of 11.5%, in terms of revenue, during the forecast period. • The Asia-Pacific region is estimated to dominate the global market, in terms of volume, by 2022, registering a CAGR of 5.1% during the forecast period.

• In 2015, China accounted for more than one-third share of the Asia-Pacific refrigerants market. • India is estimated to grow at the highest CAGR of 11.1%, in terms of revenue, by 2022. • U.S. accounted for around two-thirds of the North America refrigerants market in 2015, and is estimated to continue its dominance. • Refrigerants demand in AC application segment is expected to grow at a high CAGR of 5.0%, in terms of volume, during the forecast period.


Refrigerants Market: Top Investment Pockets


Refrigerants Industry: Top Winning Strategies, 2011-2016 (%)


Refrigerants Market Segments

By Type

Refrigerants Market Segments

By Geography

By Application


Refrigerants Market Share, By Type, 2015 (%)


Refrigerants Market By Geography North America, Europe, Asia-Pacific, LAMEA


Key Players in Industry • Arkema SA • Daikin Industries Ltd • E.I. du Pont Nemours & Co.

• Honeywell International • Mexichem SA • Dongyue Group

• Navin Fluorine International Ltd. • SRF Ltd.

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Global Refrigerants Market Size is Set to Grow at a Remarkable Pace in the Coming Years  

In 2015, the global refrigerants market size was valued at $9,552 million and is expected to reach $18,509 million by 2022, registering a CA...

Global Refrigerants Market Size is Set to Grow at a Remarkable Pace in the Coming Years  

In 2015, the global refrigerants market size was valued at $9,552 million and is expected to reach $18,509 million by 2022, registering a CA...

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