Middle East and Africa Refrigerants Market: By Product Type (Fluorocarbon, Hydrocarbon, Inorganic, Others), By Application (Industrial Refrigeration, Domestic Refrigeration, Transport Refrigeration, Commercial Refrigeration, Stationary Air Conditioning, Chillers & Heat Pumps, Mobile Air Conditioning) and Geography  

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Middle East And Africa Refrigerants Market size was valued at USD x billion in 2021 and is expected to reach USD x billion by 2028, at a CAGR of x% during the forecast period 2022 to 2028. 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. The key players in the Middle East and Africa market have adopted acquisition, expansion, product launch, technological advancements, and partnerships as their business strategies to sustain the intense competition. Refrigerant giants have focused on market strategies such as product launch and expansion to strengthen their brand image in the market. Honeywell International is a pioneer in developing low GDP and OWP blends. Innovations such as these are expected to inspire other industry players to invest significantly in R&D and production of environment-friendly products to meet stringent regulatory specifications and changing consumer preferences. The report studies Middle East and Africa 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, Middle East and Africa Refrigerants market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed Middle East and Africa Refrigerants market to better equip clients with possible investment opportunities across the Countries (Country Investment Hot-Spots) and market unmet needs (Product Opportunities).

Middle East And Africa Refrigerants Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

x%

Largest Market

N/A

Fastest Growing Market

N/A
Middle East and Africa 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.

Key Features of the Reports

  • Based on application, air conditioning segment accounted for larger market revenue share in 2022 and projected gain market revenue share over the forecast period
  • Players focusing on mergers and acquisitions strategies to retain market position in Middle East and Africa Refrigerants market

Middle East And Africa Refrigerants Market Segmentation

By Product Type
  • Fluorocarbon
  • Hydrocarbon
  • Inorganic
  • Others
By Application
  • Industrial Refrigeration
  • Domestic Refrigeration
  • Transport Refrigeration
  • Commercial Refrigeration
  • Stationary Air Conditioning, Chillers & Heat Pumps
  • Mobile Air Conditioning
By Geography
  • Middle East and Africa
  • South Africa
  • Gulf Corporation Council Countries (GCC)
  • Rest of MEA

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

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. Middle East and Africa Refrigerant Market Introduction
2.1. Middle East and Africa Refrigerant   Market – Taxonomy 2.2. Middle East and Africa Refrigerant   Market –Definitions 2.2.1. Product Type 2.2.2. Application
  1. Middle East and Africa Refrigerant Market Dynamics
3.1. Drivers 3.2. Restraints 3.3. Opportunities/Unmet Needs of the Market 3.4. Trends 3.5. Middle East and Africa Refrigerant   Market Dynamics – Factors Impact Analysis 3.6. Middle East and Africa Refrigerant   Market – By Product Type, Application  Innovations
  1. Middle East and Africa Refrigerant Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025
4.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) 4.3. Market Oppurtunity Analysis
  1. Global Refrigerant Market, By Product Type, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT)
5.1. Fluorocarbon 5.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.1.3. Market Opportunity Analysis 5.2. Hydrocarbons 5.2.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 5.4.3. Market Opportunity Analysis
  1. Global Refrigerant Market, By Application, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT)
6.1. Industrial Refrigeration 6.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 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 6.5.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.5.3. Market Opportunity Analysis 6.6. Chillers and Heat Pumps 6.6.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.6.3. Market Opportunity Analysis 6.7. Mobile Air Conditioning 6.7.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’ MT) 6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.7.3. Market Opportunity Analysis
  1. Middle East and Africa Refrigerant Market Forecast, By country, 2014 - 2018 and Forecast, 2019 - 2025
7.1. South Africa 7.1.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.1.3. Market Opportunity Analysis 7.2. Gulf Cooperation of Council Countries 7.2.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.2.3. Market Opportunity Analysis 7.3. Rest of MEA 7.3.1. Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025 (Revenue, USD Mn) Volume (000’MT) 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis 7.3.3. Market Opportunity Analysis 7.4. Middle East and Africa Refrigerant   Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2019 – 2025
  1. South Africa Refrigerant Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025
8.1. By Product Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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. By Application Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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 8.2.6. Chillers & Heat Pumps 8.2.7. Mobile Air Conditioning 8.3. South Africa Refrigerant   Packaging Market - Opportunity Analysis Index, By Product Type, Application, 2019 – 2025 8.4. South Africa Refrigerant   Market Dynamics – Trends
  1. Gulf Cooperation of Council Countries Refrigerant Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025
9.1. By Product Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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. By Application Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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 9.2.6. Chillers & Heat Pumps 9.2.7. Mobile Air Conditioning 9.3. Gulf Cooperation of Council Countries Refrigerant   Market - Opportunity Analysis Index, By Product Type, Application, 2019 – 2025 9.4. Gulf Cooperation of Council Countries Refrigerant   Market Dynamics – Trends
  1. Rest of MEA Refrigerant Market Analysis, 2014 - 2018 and Forecast, 2019 - 2025
10.1. By Product Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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. By Application Type Analysis 2014 - 2018 and Forecast 2019 - 2025 by (Revenue, USD Mn) Volume (000’ MT), 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 10.2.6. Chillers & Heat Pumps 10.2.7. Mobile Air Conditioning 10.3. Rest of MEA Refrigerant   Market - Opportunity Analysis Index, By Product Type, Application, 2019 – 2025 10.4. Rest of MEA Refrigerant   Market Dynamics – Trends
  1. Competition Landscape
11.1. Strategic Dashboard of Top Market Players 11.2. Company Profiles (Introduction, Financial Analysis, By Product Type, Application  & Service Offerings, Key Developments, Strategies, and SWOT Analysis) 11.2.1. Honeywell International 11.2.2. Daikin Industries Limited 11.2.3. Dongyue Group 11.2.4. Arkema S.A. 11.2.5. Linde Group 11.2.6. Mexichem SAB de C.V. 11.2.7. Sinochem Group 11.2.8. Air Liquide, 11.2.9. The Chemours Company
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Honeywell International
  • Daikin Industries Limited
  • Dongyue Group
  • Arkema S.A.
  • Linde Group
  • Mexichem SAB de C.V.
  • Sinochem Group
  • Air Liquide,
  • The Chemours Company

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