Low GWP Refrigerants Market
Low GWP Refrigerants Market Analysis by Product Type (Inorganics, Fluorocarbons, Hydrocarbons), by Application (Refrigeration, Air Conditioning, Chillers), by Region - Global Forecast 2022-2032
Analysis of Low GWP Refrigerants market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Low GWP Refrigerants Market Outlook
The global low GWP refrigerants market is estimated at USD 25.2 Billion in 2022 and is forecast to surpass USD 73.7 Billion by 2032, growing at a CAGR of 11.3% from 2022 to 2032.
|
Report Attributes |
Details |
|
Base Year Value (2021A) |
USD 22.7 Billion |
|
Estimated Year Value (2022E) |
USD 25.2 Billion |
|
Projected Year Value (2032F) |
USD 73.7 Billion |
|
Global Growth Rate (2022-2032) |
CAGR 11.3% |
|
Europe Market Share in 2021 |
~38% |
|
Europe Growth Rate (2022-2032) |
CAGR ~11.9% |
|
Collective Value Share (Germany, China, India) 2022: Top 3 Countries |
~43% |
|
Top 5 Companies Market Share in 2021 |
~29% |
|
Key Companies Profiled |
|
The global low GWP refrigerants market is likely to create an absolute dollar opportunity of USD 48.6 Billion by the end of 2032. The global low GWP refrigerants market holds ~49% of the global refrigerants market.
Don't Need a Global Report?
save 40%! on Country & Region specific reports
2017-2021 Global Low GWP Refrigerants Market Outlook in Comparison to 2022-2032 Growth Forecast
When a greenhouse gas is released into the atmosphere, its global warming potential (GWP) is benchmarked and measured against carbon dioxide (CO2) with GWP equal to one.
Refrigerants that are commonly used in various applications, such as heating, ventilation, air conditioning, and refrigeration (HVAC&R), can have significant GWP when they are released in the atmosphere. Thereby, growing concerns about global warming and negative impacts of harmful refrigerants on the environment are triggering end-users to switch to low GWP refrigerants.
Fact.MR projects the low GWP refrigerants market is expected to witness exhibiting growth at 11.3% CAGR during 2022 and 2032 in comparison to a CAGR of 8.4% with which it grew from 2017 and 2021.
Hydrofluorocarbons (HFCs) Phase-out Likely to Propel Adoption of Low GWP Refrigerants
‘The Montreal Protocol on Substances That Deplete the Ozone Layer’ includes concerted efforts to curtail the production as well as consumption of refrigerants, including HFCs, in non-A5 countries by around 85% by the end of 2035. This is forcing end-users to shift to low GWP refrigerants.
Furthermore, the United States’ Environment Protection Agency’s (EPA) Clean Air Act implemented the hydro chlorofluorocarbons (HCFCs), and the European Union has adopted regulations to reduce consumption of HFCs by over 79% by the end of 2030.
With an increasing number of countries phasing out the production of HFCs, the adoption of low GWP refrigerants is expected to surge. This is expected to power growth of the low GWP refrigerants market in the upcoming years.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Adoption Underpinned by Alarming Environmental Consequences of Refrigeration and Air Conditioning Sectors
It has come to the fore that the energy refrigeration and air conditioning sector consumes and ozone-depleting chlorofluorocarbons (CFCs) and HCFCs refrigerants are a major contributor to global climate change.
The commercial refrigerants that are commonly used in the refrigeration and air conditioning sector are dominated by various fluorinated chemicals, including hydrocarbons and HFCs along with inorganic compounds such as carbon dioxide and ammonia.
Moreover, free chlorine molecules in CFCs and HCFCs can reach the stratosphere, which is believed to exacerbate the “hole” in the ozone layer. Thereby, increasing concerns about the severe environmental impacts of CFCs and HCFCs are boosting adoption of low GWP refrigerants in the refrigeration and air conditioning sectors.
Limited Options of Low GWP Refrigerants Remain a Challenge
Despite increasing awareness about the environmental impacts of high CWG refrigerants, end-users find switching to low GWP refrigerants as an extremely complex change. Even though a majority of stakeholders in the low GWP refrigerants market are frequently introducing innovative options, the availability of low CWG refrigerants suitable for various applications remains limited to a few options.
Flammability, coefficient of performance (COP), environmental acceptance, volumetric capacity (Qvol), and low toxicity are the main filters in the process of choosing a right low CWG refrigerant. For fluids with low toxicity and good COP, which are at mildly flammable, options for high-performance, low-GWP fluids are minimal, which impacting growth of the low GWP refrigerants market.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Global Environmental Initiatives and Regulations – The Force for Innovations in Low GWP Refrigerants Market
New global environmental initiatives, such as the Paris Agreement, are promoting to the adoption of pro-environment practices in the industrial sector. Implementation of such regulatory policies on the global level is expected support the phasing out specific ozone-depleting substances that are posing serious harm to the environment, and thereby boost the adoption of low CWG refrigerants.
Moreover, leading countries in the world are implementing legislation to reduce the negative environmental impacts of ozone-depleting refrigerants and encourage end-users to adopt low GWP refrigerants.
EPA’s Significant New Alternatives Policy (SNAP) program under Section 612 of the Clean Air Act, is aimed at evaluating the risks of existing ozone-depleting substances, including high GWP refrigerants, to human health and the environment.
Furthermore, the European Union has adopted the F-gas regulation and the MAC directive to curtail the emissions from fluorinated greenhouse gases (F-gases), including hydrofluorocarbons (HFCs), to reduce global warming potential (GWP) refrigerant usage.
Growing adoption of such environmental regulations is poised encourage end-users to have an environment-friendly approach while selecting commercial refrigerants, and thereby, bolstering innovative in the low GWP refrigerants market.
Increasing Concerns about Global Warming Trigger an Industry-wide Switchover to Low GWP Refrigerants
With the recent advancements in technologies, the awareness about the earth’s reaction to industrial carbon footprint has increased across various industrial sectors. End-users have shifted their focus on reducing their carbon footprint and curb the emission of greenhouse gases by transitioning towards low GWP refrigerants.
Especially in the refrigeration industry, customers are becoming conscious about the significant damage to the environment caused due to commercial refrigerants with high GWP. As environmental impact and CWP remain the important factors to impact industry players’ decision-making, the demand for low GWP refrigerants is likely to surge in the upcoming years.
Competitive Landscape: Top Companies in Low GWP Refrigerants Market
The global low GWP refrigerants market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of low GWP refrigerants.
Fact.MR has provided detailed information about price points of key manufacturers in low GWP refrigerants market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- Honeywell International Inc. announced to acquire US Digital Designs, Inc. in 2021. This acquisition is likely to expand the public safety communications line of solutions, improved life safety and building better situational awareness
- China National Chemical Corp. and SINOCHEM Group Co. Ltd. announced their merger in 2021. This has led the way for supersize state-run enterprise to become a leading global player in coming years
Global Low GWP Refrigerants Market by Category
-
By Product Type, Global Low GWP Refrigerants Market is segmented as:
- Inorganics
- Ammonia
- Carbon Dioxide
- Sulfur Dioxide
- Ethyl Chloride
- Methyl Chloride
- Fluorocarbons
- Chlorofluorocarbons
- Hydro-chlorofluorocarbons
- Hydro-fluorocarbons
- Hydro-fluoroolefins
- Hydrocarbons
- Propane
- Isobutane
- Propylene
- Others
- Inorganics
-
By Application, Global Low GWP Refrigerants Market is segmented as:
- Refrigeration
- Residential Refrigeration
- Self-contained Refrigeration
- Large Self-contained Refrigeration
- Walk-in Refrigeration
- Supermarket Refrigeration
- Transport and Industrial Refrigeration
- Air Conditioning
- Residential Air Conditioning
- Commercial Air Conditioning
- Mobile Air Conditioning
- Chillers
- Centrifugal Chillers
- Scroll/Screw Chillers
- Refrigeration
-
By GWP Indices, Global Low GWP Refrigerants Market is segmented as:
- Less than 150 GWP
- 150 to 700 GWP
- More than 700 GWP
-
By Region, Global Low GWP Refrigerants Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
1. Global Economic Outlook 2. Global Low GWP Refrigerants Market - Executive Summary 2.1. Low GWP Refrigerants Market- Opportunity Assessment 2.1.1. Component Market Value (US$ Mn) 2.1.2. Winning and Losing Components 2.1.3. Competitive Analysis (Wheel of Fortune) 2.2. Fact.MR View Point 3. Global Low GWP Refrigerants Market Overview 3.1. Global Low GWP Refrigerants Market Definition 3.2. Research Scope 3.3. Global Low GWP Refrigerants Market Size (US$ Mn & Volume (Kilo Tons)) and Forecast, 2013-2027 3.3.1. Global Low GWP Refrigerants Market Y-o-Y Growth 4. Key Indicators Assessment 4.1. Global Refrigerant Industry Overview 4.2. Low GWP Refrigerants Market Analysis – Forecast Scenario 4.2.1. Low GWP Refrigerants Market Analysis – Forecast Factors 4.3. HFC Phasedown Schedules across Regions 4.4. Technological Roadmap 4.4.1. Technological Roadmap of Refrigerants 4.4.2. Technological Roadmap of Low GWP Refrigerants 4.5. Comparison between Low and High GWP Refrigerants 4.6. Government Regulations by Regions 4.7. Classification of Low GWP refrigeration by its Properties 4.8. Industry Developments regarding next generation Low GWP refrigerants 4.9. Project Pipelining for developing Low GWP Refrigerants 4.10. Classification of Refrigerants by Class 4.11. Global HVAC-R Industry Overview 4.11.1. Global HVAC-R Value (US$ Mn) and Volume (Kilo Tons) (Units), 2019 & 2027 4.11.2. Global HVAC-R Installed Units and New Sales by Regions, 2018 4.11.3. Global HVAC-R Industry Market Share by Types 4.11.3.1. Refrigeration’s 4.11.3.2. Air Conditioners 4.11.3.3. Chillers 4.11.3.4. Others 4.12. Market Dynamics 4.12.1. Key Drivers and Trends 4.12.2. Market Challenges 4.13. Supply Chain 4.13.1. List of Raw Material Suppliers 4.13.2. List of Manufacturers 4.13.3. List of Distributors/Suppliers 4.13.4. List of End Users 4.14. Macro-Economic Factors 4.14.1. Global Chemical & Material Industry Outlook 4.14.2. Global Oil & Gas Industry Outlook 4.14.3. Global HVAC-R Sector Outlook 4.15. Cost Structure 5. Low GWP Refrigerants Market - Pricing Analysis 5.1. Global Price Point Index Analysis 5.2. Global Pricing Analysis by Regions 5.3. Global Pricing Analysis by Types 6. Global Low GWP Refrigerants Market Analysis and Forecast 2013-2027 6.1. Global Low GWP Refrigerants Market Size and Forecast By Type, 2013-2027 6.1.1. Inorganics Market Size and Forecast, 2013-2027 6.1.1.1. Revenue (US$ Mn) & Volume (Kilo Tons) Comparison, By Region
- Ammonia
- Carbon Dioxide
- Sulfur Dioxide
- Ethyl Chloride
- Methyl Chloride
- Others
- Chlorofluorocarbons
- Hydro-Chlorofluorocarbons
- Hydro-Fluorocarbons
- Hydro-Fluoro olefin
- Propane
- Isobutane
- Propylene
- Others
- Residential Refrigeration
- Small Self-Contained Refrigeration
- Large Self-Contained Refrigeration
- Walk-in Refrigeration
- Supermarket Refrigeration
- Transport and Industrial Refrigeration
- Residential Air Conditioning
- Commercial Air Conditioning
- Mobile Air Conditioning
- Centrifugal Chillers
- Scroll/Screw Chillers
Don't Need a Global Report?
save 40%! on Country & Region specific reports
List Of Table
TABLE 1 Global Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), 2013-2018
TABLE 2 Global Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), 2019-2027
TABLE 3 Global Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons) and Y-o-Y, 2018-2027
TABLE 4 Global Inorganics Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 5 Global Inorganics Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 6 Global Inorganics Segment Market Share, By Region 2013-2018
TABLE 7 Global Inorganics Segment Market Share, By Region 2019-2027
TABLE 8 Global Inorganics Segment Y-o-Y, By Region 2018-2027
TABLE 9 Global Fluorocarbons Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 10 Global Fluorocarbons Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 11 Global Fluorocarbons Segment Market Share, By Region 2013-2018
TABLE 12 Global Fluorocarbons Segment Market Share, By Region 2019-2027
TABLE 13 Global Fluorocarbons Segment Y-o-Y, By Region 2018-2027
TABLE 14 Global Hydrocarbons Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 15 Global Hydrocarbons Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 16 Global Hydrocarbons Segment Market Share, By Region 2013-2018
TABLE 17 Global Hydrocarbons Segment Market Share, By Region 2019-2027
TABLE 18 Global Hydrocarbons Segment Y-o-Y, By Region 2018-2027
TABLE 19 Global Refrigeration’s Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 20 Global Refrigeration’s Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 21 Global Refrigeration’s Segment Market Share, By Region 2013-2018
TABLE 22 Global Refrigeration’s Segment Market Share, By Region 2019-2027
TABLE 23 Global Refrigeration’s Segment Y-o-Y, By Region 2018-2027
TABLE 24 Global Air Conditioning Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 25 Global Air Conditioning Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 26 Global Air Conditioning Segment Market Share, By Region 2013-2018
TABLE 27 Global Air Conditioning Segment Market Share, By Region 2019-2027
TABLE 28 Global Air Conditioning Segment Y-o-Y, By Region 2018-2027
TABLE 29 Global Chillers Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2013-2018
TABLE 30 Global Chillers Segment Value (US$ Mn) & Volume (Kilo Tons), By Region 2019-2027
TABLE 31 Global Chillers Segment Market Share, By Region 2013-2018
TABLE 32 Global Chillers Segment Market Share, By Region 2019-2027
TABLE 33 Global Chillers Segment Y-o-Y, By Region 2018-2027
TABLE 34 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 35 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 36 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 37 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 38 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 39 North America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
TABLE 40 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 41 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 42 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 43 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 44 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 45 Latin America Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
TABLE 46 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 47 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 48 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 49 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 50 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 51 Europe Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
TABLE 52 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 53 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 54 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 55 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 56 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 57 Japan Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
TABLE 58 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 59 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 60 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 61 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 62 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 63 APEJ Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
TABLE 64 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2013-2018
TABLE 65 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Country 2019-2027
TABLE 66 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2013-2018
TABLE 67 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Type 2019-2027
TABLE 68 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2013-2018
TABLE 69 MEA Low GWP Refrigerants Market Value (US$ Mn) & Volume (Kilo Tons), By Application Type 2019-2027
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
List Of Figures
FIG. 1 Global Low GWP Refrigerants Market Value (US$ Mn), 2013-2018
FIG. 2 Global Low GWP Refrigerants Market Value (US$ Mn) Forecast, 2019-2027
FIG. 3 Global Low GWP Refrigerants Market Value (US$ Mn) and Y-o-Y, 2018-2027
FIG. 4 Global Inorganics Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 5 Global Inorganics Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 6 Global Inorganics Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 7 Global Fluorocarbons Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 8 Global Fluorocarbons Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 9 Global Fluorocarbons Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 10 Global Hydrocarbons Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 11 Global Hydrocarbons Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 12 Global Hydrocarbons Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 13 Global Refrigeration’s Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 14 Global Refrigeration’s Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 15 Global Refrigeration’s Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 16 Global Air Conditioning Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 17 Global Air Conditioning Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 18 Global Air Conditioning Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 19 Global Chillers Segment Market Value (US$ Mn) By Region, 2013-2018
FIG. 20 Global Chillers Segment Market Value (US$ Mn) By Region, 2019-2027
FIG. 21 Global Chillers Segment Y-o-Y Growth Rate, By Region, 2018-2027
FIG. 22 North America Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 23 North America Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 24 North America Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 25 North America Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 26 North America Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2013-2018
FIG. 27 North America Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
FIG. 28 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 29 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 30 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 31 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 32 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2013-2018
FIG. 33 Latin America Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
FIG. 34 Europe Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 35 Europe Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 36 Europe Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 37 Europe Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 38 Europe Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2013-2018
FIG. 39 Europe Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
FIG. 40 Japan Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 41 Japan Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 42 Japan Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 43 Japan Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 44 Japan Low GWP Refrigerants Market Value (US$ Mn), By 2013-2018
FIG. 45 Japan Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
FIG. 46 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 47 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 48 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 49 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 50 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2013-2018
FIG. 51 APEJ Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
FIG. 52 MEA Low GWP Refrigerants Market Value (US$ Mn), By Country 2013-2018
FIG. 53 MEA Low GWP Refrigerants Market Value (US$ Mn), By Country 2019-2027
FIG. 54 MEA Low GWP Refrigerants Market Value (US$ Mn), By Type 2013-2018
FIG. 55 MEA Low GWP Refrigerants Market Value (US$ Mn), By Type 2019-2027
FIG. 56 MEA Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2013-2018
FIG. 57 MEA Low GWP Refrigerants Market Value (US$ Mn), By Application Type 2019-2027
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global Low GWP Refrigerants Market scenario?
The global value of low GWP refrigerants market is estimated to be worth over USD 25.2 Billion in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 73.7 Billion by 2032 end.
What was the last 5-year CAGR for the demand in the Low GWP Refrigerants Market?
During 2017-2021, global low GWP refrigerants market grew at 8.4% CAGR.
Who are the prominent players in the global Low GWP Refrigerants Market?
Some of the prominent players in low GWP refrigerants market are S. Trust & Holdings, Inc., The Chemours Company, Honeywell International, Inc., Emerson Electric Co., Deepfreeze Refrigerants Inc., Ecofreeze International, etc.
Which is the most leading region in the Low GWP Refrigerants Market?
Europe tops the global low GWP refrigerants market accounting for 38.4% of global market share in 2022.
Which application segment contributes maximum share in Low GWP Refrigerants sales?
Refrigeration segment under the application segment contributes 51.3% of market share in global sales of low GWP refrigerants.
Low GWP Refrigerants Market