The global Refrigerants Market size was valued at USD 22.9 billion in 2021 and is expected to reach USD 38.6 billion by 2028, at a CAGR of 7.7% during the forecast period 2022-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Refrigerants Market: by Product Type (HFC, CFC, HCFC, Azeotropic, Zeotropic, Carbon-di-Oxide, Ammonia, Air, Fluorocarbons, and Hydrocarbons), by Application (AC and Refrigeration) and Geography- Global/Region/Country Forecast to 2028”.

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Growing demand for the mobile air conditioning units and domestic air-cooing systems automobiles is fuelling the Global Refrigerants Market

Market report provides granular level data regarding regional market share, market size and historic market scenario for the particular time period. This market report also presents detailed insights regarding competitor’s overview, key market advancements, company share analysis and their key strategies. This market report outlines latest market trends, drivers, restraints, unmet needs, which are recently affecting the market growth. It also aims at tracking current innovations, key advancements and startup’s details, which are actively working in the market. This report offers plethora of data regarding regulatory framework, reimbursement scenario and market entry strategies. Global refrigerants market report provides complete outlook on the use of refrigerants around the globe by focusing more on major regions including Latin America, North America, Europe, Middle East, Africa and Asia Pacific. This report provides current, upcoming and historical market sizes based on region, product type and application.

Nowadays, there are several people revealing their interest in global refrigerants market in developing and developed countries because of the increased industrialization and environmental conditions. Another key factor that impels the global refrigerants market is increasing standards of living. Furthermore, ozone depletion is growing demand for energy-efficient cooling solutions and growing consciousness about global warming are the factors molding the global refrigerants market over the evaluation time span. Another major factor impelling the global refrigerants market over the evaluation time span is growing demand for the mobile air conditioning units and domestic air-cooling systems in automobiles. Increasing automobile industries, food and beverage sector, enhancing standards of living and growing global automotive industry are a few more factors propel the market growth.

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Regional Analysis - Global Refrigerants Market

Asia Pacific witnessed huge revenue share in the global refrigerants market along with considerable CAGR rate. Fast urbanization and industrialization and growing consumer disposable income are expected to drive the market growth. Europe refrigerants market anticipated growing at considerable rate due to huge demand for commercial, air conditioning and industrial segments are projected to enhance the growth of market.

Competitive Assessment - Global Refrigerants Market

There are a few major players operating in the global refrigerants market, which includes Daikin Industries Ltd., (Japan), I. du Pont Nemours & Co., (U.S.), Arkema SA (France), Honeywell International (U.S.), Sinochem Group., (China), Dongyue Group (China), Linde Group (Germany), Air Liquide. (France) and Johnson Controls (US).

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