- Fluorocarbon
- Hydrocarbon
- Inorganic
- Others
Asia Pacific Refrigerants Market size was valued at USD x million in 2023 and is poised to grow at a CAGR of x% from 2024-2030. Rising awareness regarding global warming and ozone depletion coupled with increase in demand for energy-efficient cooling solutions is anticipated to fuel the refrigerant market during the forecast period. Global phase-down of production and consumption of hydro-fluorocarbons (HFCs), one of the six greenhouse gases (GHGs) has led to an increased demand for natural refrigerants. The hydrocarbon and inorganic segments are, therefore, anticipated to attest significant growth in the market. Increased industrialization in emerging economies such as China, India, and Japan has led to establishment of a large number of data centers, subsequently fueling demand for refrigerants. However, stringent regulation stifles the growth of market. Asia Pacific Refrigerants market report gives comprehensive outlook on Refrigerants market across the regions of Asia Pacific. The report on Asia Pacific Refrigerants market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, application and country. This report studies Asia Pacific Refrigerants market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, Asia Pacific Refrigerants market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Asia Pacific Refrigerants market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the Asia Pacific Refrigerants market report include suppliers, manufacturers, marketers, policy makers, and recent market activities.
Asia Pacific Refrigerants Market Dynamics
Increasing Demand for Frozen Food Accelerates the Refrigerants Market Cold chain is temperature-controlled supply chain, uninterrupted storage, and distribution activities, which maintain a given temperature range. Cold chain market operations that are meant to extend and ensure the shell life of fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs are expected to rapidly increase. This rapid increase is due to the growing demand from the consumers resulting from changing lifestyles and growing advanced technologies. With increasing consumer demand for frozen food products and presence of highly competitive market with low margins, most of the food processors, distributors, and retailers are shifting from the manually operated obsolete facilities to high bay deep-freeze warehouses where refrigerants are widely employed. Moreover, the expansion of food retail chains by multinational companies and the growth in international trade due to trade liberalization have led to an increase in the demand for the cold chain processes, and in turn, increase demand for refrigerants across the world.
Country Analysis
Asia Pacific Refrigerants Market
China Accounts for Larger Market Revenue Share in Asia Pacific Refrigerants Market Increased GDP, rising disposable income, and increased investments are the various macro-economic factors up surging the growth of market in this region. Some of the major factors driving the market for Asia-Pacific refrigerant market are China focusing on natural refrigerants as advised by MEP/FECO China, technological changes such as low GWP refrigerants rise in the cold chain market and increase in the disposable income leading to rise in purchasing power of consumer appliances. These factors increase the demand for Asia-Pacific refrigerant market.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The asia pacific refrigerants market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030).
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Asia Pacific Refrigerants Market Segmentation
By Product Type
By Application
- Industrial Refrigeration
- Domestic Refrigeration
- Transport Refrigeration
- Commercial Refrigeration
- Stationary Air Conditioning, Chillers & Heat Pumps
- Mobile Air Conditioning
By Country
- China
- Japan
- India
- Australia
- Rest of Asia Pacific
Frequently Asked Questions
2023 is the base year and 2030 is the forecast year.
The report covers the asia pacific refrigerants market data: China, India, Japan, Australia & New Zealand
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
| 1.Executive Summary |
| 2. Asia Pacific Refrigerants Market Introduction |
| 2.1. Asia Pacific Refrigerants Market - Taxonomy |
| 2.2. Asia Pacific Refrigerants Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2.Application |
| 2.2.3.Country |
| 3. Asia Pacific Refrigerants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Asia Pacific Refrigerants Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Asia Pacific Refrigerants Market By Product Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Fluorocarbon |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hydrocarbon |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Inorganic |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Asia Pacific Refrigerants Market By Application, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Industrial Refrigeration |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Domestic Refrigeration |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Transport Refrigeration |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Commercial Refrigeration |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Stationary Air Conditioning, Chillers & Heat Pumps |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Mobile Air Conditioning |
| 6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Asia Pacific Refrigerants Market By Country, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. China |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. India |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Australia and New Zealand (ANZ) |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Japan |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Rest of APAC |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.China Refrigerants Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Fluorocarbon |
| 8.1.2.Hydrocarbon |
| 8.1.3.Inorganic |
| 8.1.4.Others |
| 8.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Industrial Refrigeration |
| 8.2.2.Domestic Refrigeration |
| 8.2.3.Transport Refrigeration |
| 8.2.4.Commercial Refrigeration |
| 8.2.5.Stationary Air Conditioning, Chillers & Heat Pumps |
| 8.2.6.Mobile Air Conditioning |
| 9.India Refrigerants Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Fluorocarbon |
| 9.1.2.Hydrocarbon |
| 9.1.3.Inorganic |
| 9.1.4.Others |
| 9.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Industrial Refrigeration |
| 9.2.2.Domestic Refrigeration |
| 9.2.3.Transport Refrigeration |
| 9.2.4.Commercial Refrigeration |
| 9.2.5.Stationary Air Conditioning, Chillers & Heat Pumps |
| 9.2.6.Mobile Air Conditioning |
| 10.Australia and New Zealand (ANZ) Refrigerants Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fluorocarbon |
| 10.1.2.Hydrocarbon |
| 10.1.3.Inorganic |
| 10.1.4.Others |
| 10.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Industrial Refrigeration |
| 10.2.2.Domestic Refrigeration |
| 10.2.3.Transport Refrigeration |
| 10.2.4.Commercial Refrigeration |
| 10.2.5.Stationary Air Conditioning, Chillers & Heat Pumps |
| 10.2.6.Mobile Air Conditioning |
| 11.Japan Refrigerants Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fluorocarbon |
| 11.1.2.Hydrocarbon |
| 11.1.3.Inorganic |
| 11.1.4.Others |
| 11.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Industrial Refrigeration |
| 11.2.2.Domestic Refrigeration |
| 11.2.3.Transport Refrigeration |
| 11.2.4.Commercial Refrigeration |
| 11.2.5.Stationary Air Conditioning, Chillers & Heat Pumps |
| 11.2.6.Mobile Air Conditioning |
| 12.Rest of APAC Refrigerants Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fluorocarbon |
| 12.1.2.Hydrocarbon |
| 12.1.3.Inorganic |
| 12.1.4.Others |
| 12.2. Application Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Industrial Refrigeration |
| 12.2.2.Domestic Refrigeration |
| 12.2.3.Transport Refrigeration |
| 12.2.4.Commercial Refrigeration |
| 12.2.5.Stationary Air Conditioning, Chillers & Heat Pumps |
| 12.2.6.Mobile Air Conditioning |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Honeywell International |
| 13.2.2.Daikin Industries Limited |
| 13.2.3.Dongyue Group |
| 13.2.4.Arkema S.A. |
| 13.2.5.Linde Group |
| 13.2.6.Mexichem SAB de C.V. |
| 13.2.7.Sinochem Group |
| 13.2.8.Air Liquide, |
| 13.2.9.The Chemours Company |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Honeywell International
- Daikin Industries Limited
- Dongyue Group
- Arkema S.A.
- Linde Group
- Mexichem SAB de C.V.
- Sinochem Group
- Air Liquide,
- The Chemours Company