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市場調查報告書
商品編碼
1423360

2024-2032 年按產品類型(碳氟化合物、無機、碳氫化合物等)、應用(商業、工業、家用等)和地區分類的冷媒市場報告

Refrigerant Market Report by Product Type (Fluorocarbon, Inorganic, Hydrocarbon, and Others), Application (Commercial, Industrial, Domestic, and Others), and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 142 Pages | 商品交期: 2-3個工作天內

價格

2023年全球冷媒市場規模達203億美元。展望未來, IMARC Group預計到2032年市場規模將達到396億美元,2024-2032年複合年成長率(CAGR)為7.5%。全球氣候變遷導致對冷卻解決方案的需求不斷增加、冷卻技術的不斷進步、對全球監管合規性的加強關注以及城市基礎設施發展的大幅成長是推動市場發展的一些因素。

冷媒是一種經過專門設計的化合物,可在適合冷卻應用的溫度和壓力下經歷從氣體到液體的相變並再次返回。這些物質對於工業和消費環境中的冰箱、空調和熱泵的功能至關重要。冷媒具有低沸點和吸熱能力的特點,用於閉迴路系統中,在閉迴路系統中循環、改變狀態並促進熱交換過程。它們具有熱力學特性,例如比熱容、密度和導熱係數,使它們能夠從一種環境中捕獲熱量並將其釋放到另一種環境中,從而保持受控的溫度。

全球市場的主要驅動力是全球氣候變遷導致對冷卻解決方案的需求不斷成長。與此一致,冷卻技術的不斷進步也為市場提供了動力。此外,汽車應用對氣候控制的需求不斷成長是一個重要的成長誘導因素。除此之外,可支配收入水準的提高使得冷卻系統變得更容易使用,從而導致對先進冷卻解決方案的投資增加。除此之外,有關食品儲存的更嚴格法規正在為市場創造利潤豐厚的機會。此外,醫療保健產業對冷藏儲存的需求成長也對市場產生了正面影響。對資料中心不斷成長的需求進一步推動了市場的發展,資料中心需要受控的溫度環境。促進市場擴張的其他一些因素包括新興經濟體的工業化、對永續發展重要性的認知提高導致採用環保變體,以及廣泛的研發 (R&D) 活動。

冷媒市場趨勢/促進因素:

更加關注全球監管合規性

許多國際協議的推出對於制定具有全球暖化或臭氧消耗潛力的物質的全球標準具有里程碑意義。這些法規不僅為逐步淘汰有害物質奠定了基礎,而且刺激了對開發環保替代品的投資。隨著越來越多的國家批准和實施這些協議,各行業被迫遵守這些新標準。這導致加速淘汰舊的、對環境有害的物質,並開創更綠色、更永續的替代品的新時代。嚴格的法規往往伴隨著巨額罰款和法律後果,使合規性成為業界的重大擔憂。因此,監管框架可以作為強大的催化劑,迫使製造商和消費者做出對環境負責的選擇,從而促進市場的顯著成長。

城市基礎建設大幅提升

推動市場的另一個重要因素是全球猖獗的城市化。隨著城市的蓬勃發展,新的商業和住宅建築的建設不斷增加。這些結構中的每一個通常都需要整合冷卻系統來控制溫度和通風。對高效、可靠冷卻的需求不僅限於生活空間,還延伸到購物中心、辦公大樓和交通樞紐。這種累積的需求對市場提出了對有效且安全的促進冷卻物質的巨大需求。隨著城市地區不斷膨脹,對可擴展、高效且環保的冷卻解決方案的需求變得更加緊迫。城市基礎設施的不斷擴張對建築、電力系統和零售等其他各個行業產生了多米諾骨牌效應,從而為市場成長創造了不斷拓寬的途徑。

零售及供應鏈網路持續創新

零售和供應鏈網路的擴張在推動市場發展方面發揮關鍵作用。庫存管理系統的創新以及電子商務平台的進步徹底改變了這些冷卻劑的採購方式。此前,這些物質的購買受到可及性有限和採購流程複雜的限制。然而,供應鏈的現代化使更廣泛的消費者能夠輕鬆獲得這些產品。此外,複雜的庫存系統可確保供應始終可用,防止任何可能阻礙市場成長的潛在瓶頸。這些零售和供應鏈創新提高了效率和可及性,從而吸引了更廣泛的客戶群,無論是行業還是個人消費者,從而為市場成長做出了重大貢獻。

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球冷媒市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場區隔:依產品類型
  • 市場區隔:按應用
  • 市場區隔:按地區
  • 市場預測

第 6 章:市場區隔:依產品類型

  • 氟碳
    • 市場走向
    • 市場預測
  • 無機
    • 市場走向
    • 市場預測
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 7 章:市場區隔:按應用

  • 商業的
    • 市場走向
    • 市場預測
  • 工業的
    • 市場走向
    • 市場預測
  • 國內的
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 8 章:市場區隔:按地區

  • 歐洲
    • 市場走向
    • 市場預測
  • 北美洲
    • 市場走向
    • 市場預測
  • 亞太地區
    • 市場走向
    • 市場預測
  • 中東和非洲
    • 市場走向
    • 市場預測
  • 拉丁美洲
    • 市場走向
    • 市場預測

第 9 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 10 章:價值鏈分析

第 11 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 12 章:價格分析

  • 價格指標
  • 價格結構
  • 利潤分析

第13章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Honeywell International Inc.
    • Daikin Industries Ltd
    • Arkema SA
    • Dongyue Group
    • The Chemours Company
    • Orbia Advance Corporation SAB de CV
    • Sinochem Group
    • Air Liquide
    • AGC Group
    • Linde Group
    • SRF Limited
    • Gujarat Fluorochemicals Limited
Product Code: SR112024A1373

Abstract

The global refrigerant market size reached US$ 20.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 39.6 Billion by 2032, exhibiting a growth rate (CAGR) of 7.5% during 2024-2032. The increasing need for cooling solutions due to global climate changes, continual advancements in cooling technology, an enhanced focus on global regulatory compliance and considerable rise in urban infrastructure development represent some of the factors that are propelling the market.

A refrigerant is a chemical compound specifically engineered to undergo phase changes from gas to liquid and back again at temperatures and pressures that are practical for cooling applications. These substances are key to the functionality of refrigerators, air conditioners, and heat pumps, in both industrial and consumer settings. Characterized by their low boiling points and heat-absorbing capabilities, refrigerants are used in a closed-loop system where they circulate, changing states and facilitating the heat exchange process. They possess thermodynamic properties such as specific heat capacity, density, and thermal conductivity that allow them to capture heat from one environment and release it into another, thus maintaining controlled temperatures.

The global market is primarily driven by the increasing need for cooling solutions due to global climate changes. In line with this, continual advancements in cooling technology are also providing an impetus to the market. Moreover, the escalating demand in automotive applications for climate control is acting as a significant growth-inducing factor. In addition to this, rising disposable income levels are making cooling systems more accessible, which is resulting in higher investment in advanced cooling solutions. Besides this, stricter regulations regarding food storage are creating lucrative opportunities in the market. Also, the growth in the healthcare sector demanding refrigerated storage is impacting the market positively. The market is further driven by a growing need for data centers, which require controlled temperature environments. Some of the other factors contributing to market expansion include industrialization in emerging economies, heightened awareness about the importance of sustainability leading to the adoption of eco-friendly variants, and extensive research and development (R&D) activities.

Refrigerant Market Trends/Drivers:

An enhanced focus on global regulatory compliance

The introduction of numerous international accords has been monumental in setting global standards for substances that have global warming or ozone depletion potential. These regulations not only lay the groundwork for phasing out harmful substances but also stimulate investment in the development of eco-friendly alternatives. As these accords are ratified and implemented by a growing number of countries, industries are compelled to comply with these new standards. This leads to an accelerated phase-out of older, environmentally detrimental substances and ushers in a new era of greener, more sustainable alternatives. The stringent regulations are often accompanied by heavy fines and legal repercussions, making compliance a significant concern for industries. Therefore, regulatory frameworks serve as a powerful catalyst, compelling both manufacturers and consumers to gravitate towards environmentally responsible choices, thereby facilitating significant market growth.

Considerable rise in urban infrastructure development

Another significant factor driving the market is the rampant urbanization observed globally. As cities burgeon, the construction of new commercial and residential buildings is on the rise. Each of these structures, more often than not, requires integrated cooling systems for temperature control and ventilation. The demand for efficient and reliable cooling is not limited to living spaces but extends to shopping malls, office complexes, and transportation hubs. This cumulative need places a considerable demand on the market for effective and safe substances to facilitate cooling. As urban areas continue to swell, the necessity for scalable, efficient, and environmentally friendly cooling solutions becomes even more pressing. This constant expansion of urban infrastructure has a domino effect on various other sectors like construction, electrical systems, and retail, thereby creating a continuously widening avenue for the market to grow.

Continual innovations in retail and supply chain network

The expansion of the retail and supply chain network plays a pivotal role in advancing the market. Innovations in inventory management systems, along with advancements in e-commerce platforms, have revolutionized the way these cooling agents are procured. Previously, the purchase of these substances was constrained by limited accessibility and a complex procurement process. However, the modernization of supply chains has made it possible for a broader range of consumers to easily access these products. Furthermore, sophisticated inventory systems ensure that supplies are consistently available, preventing any potential bottlenecks that could otherwise impede market growth. The enhanced efficiency and accessibility provided by these retail and supply chain innovations thus serves to attract a more extensive customer base, be it industries or individual consumers, thereby significantly contributing to market growth.

Refrigerant Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global refrigerant market report, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Fluorocarbon

Inorganic

Hydrocarbon

Others

Fluorocarbon represents the largest market segment

The report has provided a detailed breakup and analysis of the market based on the product type. This includes fluorocarbon, inorganic, hydrocarbon, and others. According to the report, fluorocarbon represented the largest segment.

Fluorocarbons are mostly preferred in the global market due to their high energy efficiency and low toxicity. Regulatory frameworks in developed nations also favor fluorocarbons as a safer alternative to older, ozone-depleting refrigerants. The automotive and HVAC sectors particularly prefer fluorocarbons due to these advantageous properties. However, concerns regarding global warming potential (GWP) have led to a push for alternative refrigerants. R&D investments for eco-friendly fluorocarbons are therefore a major focus.

On the other hand, inorganic and hydrocarbon refrigerants are gaining traction due to their lower GWP compared to fluorocarbons. These refrigerants are commonly used in specialized industrial applications where low temperature ranges are required. Regulatory changes in developing countries are encouraging the adoption of these alternatives. Cost factors and adaptability to existing systems remain challenges. Nevertheless, continuous improvement in material technology is propelling the growth of this segment.

Breakup by Application:

Commercial

Industrial

Domestic

Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes commercial, industrial, domestic and others.

The commercial segment is driven by increasing demand for air conditioning and refrigeration in retail, healthcare, and hospitality sectors. The construction boom, particularly in emerging economies, is also fueling this segment. Stringent energy-efficiency regulations are encouraging the adoption of modern, efficient refrigerants. Rapid urbanization and higher disposable incomes are also major contributing factors. Technological innovations in commercial HVAC systems are expected to further support this segment's growth.

On the other hand, the industrial sector's need for refrigerants is primarily fueled by process cooling in manufacturing, petrochemical, and pharmaceutical industries. Energy-efficiency is a key factor, especially with the global focus on reducing carbon footprints. The complexity of industrial systems demands high-performance, reliable refrigerants. Regulatory standards for workplace safety also influence the types of refrigerants used. The push for sustainable industrial practices is expected to further stimulate the market.

Additionally, in the domestic segment, the increasing prevalence of air conditioners in homes drives the need for refrigerants. Climate change, resulting in hotter summers, has increased the necessity for cooling systems. Government incentives for energy-efficient home appliances also play a role. Affordability and easy availability are important factors contributing to growth. Consumer awareness about eco-friendly options is gradually increasing, affecting market trends.

Breakup by Region:

Europe

North America

Asia Pacific

Middle East and Africa

Latin America

Asia Pacific exhibits a clear dominance, accounting for the largest refrigerant market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Europe; North America; Asia Pacific; the Middle East and Africa; and Latin America. According to the report, Asia Pacific accounted for the largest market share.

The Asia-Pacific region in the global market is mainly driven by its rapid industrialization and urbanization. China and India are major contributors, with their expanding manufacturing and construction sectors. High population density in these nations creates a substantial demand for commercial and domestic cooling solutions. Regulatory landscapes are evolving, with governments pushing for environmentally friendly refrigerants.

Additionally, the region is home to several key players in the refrigerant industry, facilitating easier access to raw materials and technology. Rising middle-class incomes have led to an increase in consumer spending on appliances like air conditioners, further boosting the market. Southeast Asian nations are also contributing to market growth due to similar trends.

The focus on sustainable development and renewable energy integration in this region further compounds the demand for advanced refrigerants. Climate conditions, with hotter temperatures year-round, also play a role.

Competitive Landscape:

Key players in the global refrigerant market are actively focusing on developing environmentally friendly solutions to meet the challenges of stringent greenhouse gas emission regulations. These entities are conducting research into alternative, low-GWP (Global Warming Potential) refrigerants. They are also investing significantly in creating efficient manufacturing processes to improve productivity and reduce environmental impact. To accelerate market adoption, they are establishing partnerships with OEMs and HVAC companies, ensuring seamless integration of new refrigerants into existing systems. Furthermore, they are taking steps to strengthen the resilience and security of their supply chains, thereby ensuring stable delivery timelines. Additionally, they are engaging in constructive dialogue with regulatory bodies, aiming to influence future standards and practices in the industry.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Honeywell International Inc.

Daikin Industries Ltd

Arkema S A

Dongyue Group

The Chemours Company

Orbia Advance Corporation S.A.B. de CV

Sinochem Group

Air Liquide

AGC Group

Linde Group

SRF Limited

Gujarat Fluorochemicals Limited

Recent Developments:

In June 2021, Honeywell International Inc. announced partnership with Trane Technologies to accelerate the transition to a next-generation, environmentally preferable refrigerant by field testing Honeywell's Solstice® N41 (R-466A), the industry's first nonflammable alternative to R-410A. Trane will deploy and test Solstice N41 at three customer locations in different parts of the United States as part of a one-year field trial.

In August 2023, Daikin Industries, Ltd. acquired land in Tsukubamirai City, Ibaraki Prefecture, Japan, to establish a new production base aimed at optimizing the domestic supply of air conditioners. The new facility will be Daikin's first in the Kanto region and is expected to enhance the company's production capabilities in terms of supply, cost competitiveness, and technology.

In July 2023, Arkema S A partnered with Polymem and Tergys to develop autonomous filtration systems aimed at providing clean drinking water in remote and disaster-stricken areas. Utilizing Kynar FSF PVDF based membranes that meet rigorous French Sanitary standards ACS, the containerized solutions offer scalable filtration capacity, effectively removing contaminants down to tens of nanometers for the efficient in-situ production of safe drinking water.

Key Questions Answered in This Report

  • 1. What was the size of the global refrigerant market in 2023?
  • 2. What is the expected growth rate of the global refrigerant market during 2024-2032?
  • 3. What are the key factors driving the global refrigerant market?
  • 4. What has been the impact of COVID-19 on the global refrigerant market?
  • 5. What is the breakup of the global refrigerant market based on the product type?
  • 6. What are the key regions in the global refrigerant market?
  • 7. Who are the key players/companies in the global refrigerant market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Refrigerant Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Product Type
  • 5.5 Market Breakup by Application
  • 5.6 Market Breakup by Region
  • 5.7 Market Forecast

6 Market Breakup by Product Type

  • 6.1 Fluorocarbon
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Inorganic
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Hydrocarbon
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Commercial
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Industrial
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Domestic
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Others
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Region

  • 8.1 Europe
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 North America
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Asia Pacific
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Middle East and Africa
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Latin America
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

  • 12.1 Price Indicators
  • 12.2 Price Structure
  • 12.3 Margin Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Honeywell International Inc.
    • 13.3.2 Daikin Industries Ltd
    • 13.3.3 Arkema S A
    • 13.3.4 Dongyue Group
    • 13.3.5 The Chemours Company
    • 13.3.6 Orbia Advance Corporation S.A.B. de CV
    • 13.3.7 Sinochem Group
    • 13.3.8 Air Liquide
    • 13.3.9 AGC Group
    • 13.3.10 Linde Group
    • 13.3.11 SRF Limited
    • 13.3.12 Gujarat Fluorochemicals Limited

List of Figures

  • Figure 1: Global: Refrigerant Market: Major Drivers and Challenges
  • Figure 2: Global: Refrigerant Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Refrigerant Market: Breakup by Product Type (in %), 2023
  • Figure 4: Global: Refrigerant Market: Breakup by Application (in %), 2023
  • Figure 5: Global: Refrigerant Market: Breakup by Region (in %), 2023
  • Figure 6: Global: Refrigerant Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 7: Global: Refrigerant Industry: SWOT Analysis
  • Figure 8: Global: Refrigerant Industry: Value Chain Analysis
  • Figure 9: Global: Refrigerant Industry: Porter's Five Forces Analysis
  • Figure 10: Global: Refrigerant (Fluorocarbon) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Refrigerant (Fluorocarbon) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Refrigerant (Inorganic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Refrigerant (Inorganic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Refrigerant (Hydrocarbon) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Refrigerant (Hydrocarbon) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Refrigerant (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Refrigerant (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Refrigerant (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Refrigerant (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Refrigerant (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Refrigerant (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Refrigerant (Domestic) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Refrigerant (Domestic) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Refrigerant (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Refrigerant (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Europe: Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Europe: Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: North America: Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: North America: Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: Asia Pacific: Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: Asia Pacific: Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: Middle East and Africa: Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: Middle East and Africa: Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Latin America: Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Latin America: Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

  • Table 1: Global: Refrigerant Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Refrigerant Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
  • Table 3: Global: Refrigerant Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Refrigerant Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Refrigerant Market Structure
  • Table 6: Global: Refrigerant Market: Key Players