

R-123 Refrigerant Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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The R-123 refrigerant market is experiencing growth driven by demand in HVAC applications and industrial refrigeration. Current market size is estimated to be approximately $300 million, with a projected CAGR of 4% over the next five years. Increasing regulatory pressures for low-GWP alternatives may influence future developments in the sector.
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◍ Daikin
◍ Chemours
◍ Arkema
◍ DongyueGroup
◍ ZhejiangJuhua
◍ Mexichem
◍ MeilanChemical
◍ Sanmei
◍ SinochemGroup
◍ LindeA.G.
The R-123 refrigerant market features key players like Daikin, Chemours, Arkema, and Dongyue Group, focusing on eco-friendly innovations and extensive applications in HVAC systems. Their combined efforts in sustainability and technological advancements drive market growth. Sales figures for select companies indicate robust revenue, enhancing competitive positioning.
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◍ Householdairconditioner
◍ Automobileair-conditioning
◍ RefrigerationEquipment ◍ Other
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OEM
Aftermarket
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$ X Billion USD