冷媒市場 – 2029年までの世界予測

Refrigerants Market - Global Forecast To 2029

冷媒市場 - タイプ (HFC およびブレンド、HFO、イソブタン、プロパン、アンモニア、二酸化炭素)、用途 (冷凍システム、空調システム、チラー、MAC)、地域 (アジア太平洋、北米、ヨーロッパ、MEA) - 2029年までの世界予測
Refrigerants Market by Type (HFC & Blends, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide), Application (Refrigeration System, Air Conditioning System, Chillers, and MAC), and Region(Asia Pacific , North America, Europe, MEA) - Global Forecast to 2029

商品番号 : SMB-17352

出版社MarketsandMarkets
出版年月2025年2月
ページ数311
図表数397
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

In terms of value, the Refrigerants market is estimated to grow from USD 6.99 billion in 2024 to USD 9.56 billion by 2029, at a CAGR of 6.5%.

金額の観点から見ると、冷媒市場は2024年の69億9,000万米ドルから2029年までに95億6,000万米ドルに、6.5%のCAGRで成長すると推定されています。

The major factors contributing to the growth of the global refrigerants market are the increasing demand for consumer appliances, especially in Asia Pacific, and the growing pharmaceutical industry. The burgeoning disposable income, rising standard of living, and increasing manufacturing facilities of consumer appliances contribute to the market growth in the region. Factors restraining the growth of the refrigerants market are the increasing regulations against fluorine-containing refrigerants due to health and safety concerns. The growing use of natural refrigerants is expected to act as an opportunity for stakeholders to grow in the refrigerants market. Natural refrigerants are likely to be in high demand in the coming years, driven by the multiplying demand from domestic, industrial, and chiller applications.

世界の冷媒市場の成長に寄与する主な要因は、特にアジア太平洋地域における家庭用電化製品の需要の増加と製薬業界の成長です。可処分所得の急増、生活水準の向上、消費者向け電化製品の製造施設の増加が、この地域の市場の成長に貢献しています。冷媒市場の成長を抑制する要因は、健康と安全への懸念によるフッ素含有冷媒に対する規制の強化です。自然冷媒の使用の増加は、利害関係者にとって冷媒市場の成長の機会として機能すると予想されます。自然冷媒は、家庭用、産業用、冷凍機用途での需要の増大により、今後数年間で需要が高まると考えられます。

冷媒市場 - 2029年までの世界予測
refrigerant-market-Overview

“Isobutane is expected to be the second fastest-growing type of the refrigerants market, in terms of value, during the forecast period.”

Isobutane (R-600a) is a natural refrigerant used in various refrigeration applications. It is an excellent substitute for hazardous refrigerants, including R12, R13a, R22, HCF, and CFC. R-600a is a naturally occurring component in gasoline. Due to its remarkable thermodynamic performance and minimal environmental effect, isobutane R-600a has attracted significant interest recently. It is a non-toxic chemical with zero ODP and a modest potential for global warming. Due to its eco-friendly property, R-600a has become a refrigerant gas of choice in small commercial refrigerants and domestic refrigerants.

“MAC is expected to be the fastest-growing application of the refrigerants market, in terms of value, during the forecast period.”

MAC includes air conditioning in vehicles such as cars, trucks, and buses. The commonly used refrigerant in Mobile Air Conditionings is HFC134A. Another refrigerant R-1234yf is an alternative to the R-134A refrigerant used in mac. However, some European automobile manufacturers have raised the flammability issue using R–1234yf. Apart from fluorocarbon refrigerants, HC refrigerants are also used in MAC Refrigerants such as HFC-1234yf, HCs, and carbon dioxide have GWPs below 150 and have more potential to achieve fuel efficiency as compared to the existing R–134A systems. Currently, there is no regulation for using fluorinated refrigerant gases for MAC in buses and trains.

冷媒市場 - 2029年までの世界予測 region
refrigerant-market-Region

“Asia Pacific is projected to be the fastest growing region, in terms of value, during the forecast period in the Refrigerants market.”

In terms of value, Asia Pacific dominates the global refrigerants market, with China being the largest consumer of refrigerants globally. Increased investments and a rise in the number of new manufacturing establishments make Asia Pacific a prime market for refrigerants. Increasing government projects and infrastructure development are expected to drive the demand for refrigerants in applications such as chillers, refrigerators, and freezers. Additionally, the increasing economic growth, followed by substantial investment in the consumer appliances industry, will boost the demand for refrigerants in the region. The growing population, along with industry alliances, is also expected to propel market growth in the region.

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: C-Level – 30%, Director Level – 50%, and Others – 20%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, RoW– 5%

The key players in this market include Arkema (France), Dongyue Group Limited (China), Honeywell International Inc. (US), The Chemours Company (US), Linde plc (Ireland), The Sinochem Hong Kong (Group) Company Limited (China), Daikin Industries, Ltd. (Japan), Orbia Advance Corporation, S.A.B. de C.V. (US), AGC Inc. (Japan), and A-Gas International Limited (UK), and others.

冷媒市場 - 2029年までの世界予測 ecosystem
refrigerant-market-Ecosystem

Research Coverage

This report segments the market for refrigerants based on type, application, and region and provides estimations of value (USD million) and volume (Kiloton) for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, services, key strategies, associated with the market for refrigerants.

Reasons to Buy this Report

This research report is focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, and company profiles, which together provide an overall view on the competitive landscape; emerging and high-growth segments of the refrigerants market; high-growth regions; and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on refrigerants offered by top players in the global market
  • Analysis of key drives: (increasing demand for consumer appliances, growing pharmaceutical industry), restraints (stringent regulations against fluorocarbon refrigerants, flammability and toxicity issues), opportunities (increasing demand for natural refrigerants), and challenges (Illegal trade of refrigerant) influencing the growth of refrigerants market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the refrigerants market
  • Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for refrigerants across regions
  • Market Diversification: Exhaustive information about new products, untapped regions, and recent developments in the global refrigerants market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the refrigerants market

Table of Contents

1               INTRODUCTION              25

1.1           STUDY OBJECTIVES       25

1.2           MARKET DEFINITION   25

1.3           STUDY SCOPE   26

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      26

1.3.2        INCLUSIONS AND EXCLUSIONS 27

1.3.3        YEARS CONSIDERED      28

1.3.4        CURRENCY CONSIDERED            28

1.3.5        UNIT CONSIDERED        29

1.4           STAKEHOLDERS               29

1.5           SUMMARY OF CHANGES               29

2               RESEARCH METHODOLOGY       30

2.1           RESEARCH DATA              30

2.1.1        SECONDARY DATA          31

2.1.1.1    Key data from secondary sources       31

2.1.2        PRIMARY DATA 32

2.1.2.1    Key primary participants     32

2.1.2.2    Key industry insights           32

2.1.2.3    Breakdown of primary interviews      33

2.2           MARKET SIZE ESTIMATION         33

2.2.1        BOTTOM-UP APPROACH              34

2.2.2        TOP-DOWN APPROACH                35

2.3           DATA TRIANGULATION                36

2.4           GROWTH FORECAST      37

2.4.1        SUPPLY-SIDE ANALYSIS                 38

2.4.2        DEMAND-SIDE ANALYSIS             38

2.5           RESEARCH ASSUMPTIONS           39

2.6           RESEARCH LIMITATIONS             40

2.7           RISK ASSESSMENT           40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       44

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN REFRIGERANTS MARKET              44

4.2           REFRIGERANTS MARKET, BY REGION    44

4.3           ASIA PACIFIC REFRIGERANTS MARKET, BY TYPE AND COUNTRY            45

4.4           REFRIGERANTS MARKET, BY APPLICATION AND REGION                45

4.5           REFRIGERANTS MARKET, BY KEY COUNTRY       46

5               MARKET OVERVIEW       47

5.1           INTRODUCTION              47

5.2           MARKET DYNAMICS       47

5.2.1        DRIVERS               48

5.2.1.1    Increasing demand for consumer appliances   48

5.2.1.2    Growing pharmaceutical industry      48

5.2.2        RESTRAINTS      49

5.2.2.1    Stringent regulations against fluorocarbon refrigerants 49

5.2.2.2    Flammability and toxicity issues        50

5.2.3        OPPORTUNITIES              51

5.2.3.1    Increasing demand for natural refrigerants      51

5.2.4        CHALLENGES    52

5.2.4.1    Illegal trade of refrigerants  52

5.3           PORTER’S FIVE FORCES ANALYSIS           53

5.3.1        THREAT OF NEW ENTRANTS      53

5.3.2        THREAT OF SUBSTITUTES          54

5.3.3        BARGAINING POWER OF SUPPLIERS       54

5.3.4        BARGAINING POWER OF BUYERS             54

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 54

5.4           KEY STAKEHOLDERS AND BUYING CRITERIA     55

5.4.1        KEY STAKEHOLDERS IN BUYING PROCESS           55

5.4.2        BUYING CRITERIA           56

5.5           MACROECONOMIC INDICATORS              56

5.5.1        GDP TRENDS AND FORECAST   57

6               INDUSTRY TRENDS         58

6.1           SUPPLY CHAIN ANALYSIS             58

6.2           PRICING ANALYSIS          60

6.2.1        AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION, 2023         60

6.2.2        AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION,

2021–2029              61

6.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            62

6.4           ECOSYSTEM ANALYSIS  62

6.5           CASE STUDY ANALYSIS 64

6.5.1        ATLAS COPCO CHOSE HONEYWELL INTERNATIONAL’S HFO1234YF REFRIGERANT AS REPLACEMENT REFRIGERANT FOR DEHUMIDIFIERS IN ANTICIPATION OF INCOMING ENVIRONMENTAL REGULATIONS            64

6.5.2        RETAILOR AND A-GAS DISCOVERED SOLUTIONS THAT COULD HELP IN REFRIGERANT MANAGEMENT AND DECARBONIZE OPERATIONS     65

6.5.3        A-GAS PARTNERED WITH LEADING OEM FOR REFRIGERANT RECOVERY

AND REUSE        65

6.6           TECHNOLOGY ANALYSIS             66

6.6.1        KEY TECHNOLOGIES     66

6.6.1.1    Not-in-kind cooling technology         66

6.6.2        COMPLEMENTARY TECHNOLOGIES       67

6.6.2.1    Magnetic refrigeration         67

6.7           TRADE ANALYSIS             67

6.7.1        IMPORT SCENARIO (HS CODE 290317)    67

6.7.2        EXPORT SCENARIO (HS CODE 290317)    68

6.8           REGULATORY LANDSCAPE         69

6.8.1        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             69

6.8.2        REGULATORY FRAMEWORK       72

6.8.2.1    The Montreal protocol         72

6.8.2.2    The Kigali Amendment       73

6.8.2.3    SAE Standards      73

6.8.2.4    ISO 5149 and ISO 817         74

6.9           KEY CONFERENCES AND EVENTS, 2025  75

6.10         INVESTMENT AND FUNDING SCENARIO               75

6.11         PATENT ANALYSIS          76

6.11.1      METHODOLOGY              76

6.11.2      DOCUMENT TYPES         76

6.11.3      TOP APPLICANTS            78

6.11.4      JURISDICTION ANALYSIS              82

6.12         IMPACT OF AI/GEN AI ON REFRIGERANTS MARKET                 83

7               REFRIGERANTS MARKET, BY TYPE           84

7.1           INTRODUCTION              85

7.2           HFC & BLENDS 87

7.2.1        THERMODYNAMIC PROPERTIES OF HFC TO DRIVE MARKET               87

7.3           HFO       89

7.3.1        CONSUMER AWARENESS REGARDING SUSTAINABLE REFRIGERANTS TO DRIVE DEMAND       89

7.4           ISOBUTANE       90

7.4.1        HIGH ENERGY EFFICIENCY OF ISOBUTANE TO FUEL MARKET GROWTH          90

7.5           PROPANE            92

7.5.1        ENVIRONMENTAL BENEFITS OF PROPANE TO IMPACT MARKET GROWTH          92

7.6           AMMONIA           94

7.6.1        COST EFFICIENCY OF AMMONIA TO FUEL DEMAND                 94

7.7           CARBON DIOXIDE           95

7.7.1        SUPERMARKETS AND FOOD & PROCESSING INDUSTRY TO DRIVE DEMAND        95

7.8           OTHER TYPES   97

8               REFRIGERANTS MARKET, BY APPLICATION        99

8.1           INTRODUCTION              100

8.2           REFRIGERATION SYSTEMS          103

8.2.1        DOMESTIC REFRIGERATION      104

8.2.1.1    Large population base to drive demand            104

8.2.2        COMMERCIAL REFRIGERATION                106

8.2.2.1    Growing retail industry in Asia Pacific to drive demand                 106

8.2.3        INDUSTRIAL REFRIGERATION   108

8.2.3.1    Large industrial base in North America to drive demand                 108

8.3           CHILLERS            110

8.3.1        GROWING INDUSTRIALIZATION TO DRIVE MARKET                 110

8.4           AIR CONDITIONING SYSTEMS   111

8.4.1        WINDOW AC      113

8.4.1.1    Window AC segment to witness slow growth due to outdated technology              113

8.4.2        SPLIT AC              115

8.4.2.1    Growing deployment of split ACs to drive market          115

8.4.3        VARIABLE REFRIGERANT FLOW (VRF)   116

8.4.3.1    Rising construction activities to drive market  116

8.4.4        DUCTED, PACKAGED, AND ROOFTOP ACS          118

8.4.4.1    Increasing commercial spaces to fuel market growth      118

8.5           MOBILE AIR CONDITIONING     120

8.5.1        LARGE AUTOMOBILE MANUFACTURING BASE IN ASIA PACIFIC TO OFFER LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS              120

9               REFRIGERANTS MARKET, BY REGION    122

9.1           INTRODUCTION              123

9.2           ASIA PACIFIC     125

9.2.1        CHINA  132

9.2.1.1    High demand for refrigeration and air conditioning systems to drive demand        132

9.2.2        INDIA    135

9.2.2.1    Growth of commercial and industrial sectors to drive demand                 135

9.2.3        JAPAN   138

9.2.3.1    Growing commitment to use natural refrigerants to drive market                 138

9.2.4        SOUTH KOREA  140

9.2.4.1    Increasing investments in public and institutional infrastructure development to drive demand            140

9.2.5        INDONESIA        143

9.2.5.1    Growing construction industry to drive market               143

9.2.6        THAILAND          146

9.2.6.1    Growing consumer awareness regarding green refrigerants to drive market          146

9.2.7        MALAYSIA           149

9.2.7.1    Rising income and changing purchasing trends to drive market                 149

9.2.8        AUSTRALIA         152

9.2.8.1    Demand for split ACs and variable refrigerant flow to drive market    152

9.3           NORTH AMERICA             155

9.3.1        US           162

9.3.1.1    Growing demand from automotive and industrial sectors to drive market    162

9.3.2        CANADA               164

9.3.2.1   Rising demand for automobile AC systems, refrigerators, freezers, and air conditioners to drive market 164

9.3.3        MEXICO                167

9.3.3.1    Growing automotive sector to drive market     167

9.4           MIDDLE EAST & AFRICA                169

9.4.1        GCC       176

9.4.1.1    Saudi Arabia          176

9.4.1.1.1 Investments in infrastructure, manufacturing, and retail sectors to drive market      176

9.4.1.2    UAE        179

9.4.1.2.1 Increasing investments in real estate and manufacturing sectors to drive demand    179

9.4.2        IRAN      182

9.4.2.1    Growing demand for air conditioning systems to influence market growth       182

9.4.3        SOUTH AFRICA 184

9.4.3.1    Rapid urbanization to drive market   184

9.5           SOUTH AMERICA             187

9.5.1        BRAZIL 192

9.5.1.1    Economic growth to drive market      192

9.5.2        ARGENTINA       195

9.5.2.1    Higher consumer spending to support demand               195

9.6           EUROPE               198

9.6.1        GERMANY           205

9.6.1.1    Large manufacturing base of white goods to increase demand                 205

9.6.2        RUSSIA 208

9.6.2.1    Large presence of automobile manufacturers to drive market                 208

9.6.3        ITALY    210

9.6.3.1    Expanding construction industry to drive demand         210

9.6.4        FRANCE                213

9.6.4.1    Increasing automobile production to drive demand       213

9.6.5        UK          215

9.6.5.1    Rising investments in construction industry to drive market                 215

9.6.6        TURKEY                218

9.6.6.1    Increased manufacturing of white goods to drive market                 218

9.6.7        SPAIN    220

9.6.7.1    Technological advancements and innovations in polymer processing to drive demand                 220

10            COMPETITIVE LANDSCAPE         224

10.1         OVERVIEW          224

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            224

10.3         MARKET SHARE ANALYSIS           227

10.4         REVENUE ANALYSIS       229

10.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 230

10.5.1      STARS   230

10.5.2      EMERGING LEADERS     230

10.5.3      PERVASIVE PLAYERS      230

10.5.4      PARTICIPANTS 230

10.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         232

10.5.5.1  Company footprint               232

10.5.5.2  Type footprint       233

10.5.5.3  Application footprint            234

10.5.5.4  Region footprint   236

10.6         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        237

10.6.1      PROGRESSIVE COMPANIES         237

10.6.2      RESPONSIVE COMPANIES            237

10.6.3      DYNAMIC COMPANIES  237

10.6.4      STARTING BLOCKS         237

10.6.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 239

10.6.5.1  Detailed list of key startups/SMEs    239

10.6.5.2  Competitive benchmarking of key startups/SMEs          239

10.7         BRAND/PRODUCT COMPARISON ANALYSIS        240

10.8         COMPANY VALUATION AND FINANCIAL METRICS                 241

10.9         COMPETITIVE SCENARIO             242

10.9.1      PRODUCT LAUNCHES   242

10.9.2      DEALS  242

10.9.3      EXPANSIONS     244

10.9.4      OTHERS                246

11            COMPANY PROFILES      247

11.1         KEY PLAYERS     247

11.1.1      ARKEMA               247

11.1.1.1  Business overview 247

11.1.1.2  Products/Solutions/Services offered 248

11.1.1.3  Recent developments           249

11.1.1.3.1                Deals      249

11.1.1.4  MnM view              249

11.1.1.4.1                Key strengths/Right to win 249

11.1.1.4.2                Strategic choices   249

11.1.1.4.3                Weaknesses/Competitive threats       249

11.1.2      DONGYUE GROUP LIMITED       250

11.1.2.1  Business overview 250

11.1.2.2  Products/Solutions/Services offered 251

11.1.2.3  MnM view              252

11.1.2.3.1                Key strengths/Right to win 252

11.1.2.3.2                Strategic choices   252

11.1.2.3.3                Weaknesses/Competitive threats       252

11.1.3      HONEYWELL INTERNATIONAL INC.        253

11.1.3.1  Business overview 253

11.1.3.2  Products/Solutions/Services offered 254

11.1.3.3  Recent developments           255

11.1.3.3.1                Product launches  255

11.1.3.3.2                Deals      256

11.1.3.3.3                Expansions             257

11.1.3.3.4                Others    257

11.1.3.4  MnM view              257

11.1.3.4.1                Key strengths/Right to win 257

11.1.3.4.2                Strategic choices   258

11.1.3.4.3                Weaknesses/Competitive threats       258

11.1.4      THE CHEMOURS COMPANY        259

11.1.4.1  Business overview 259

11.1.4.2  Products/Solutions/Services offered 260

11.1.4.3  Recent developments           261

11.1.4.3.1                Deals      261

11.1.4.3.2                Expansions             262

11.1.4.3.3                Others    262

11.1.4.4  MnM view              263

11.1.4.4.1                Key strengths/Right to win 263

11.1.4.4.2                Strategic choices   263

11.1.4.4.3                Weaknesses/Competitive threats       263

11.1.5      LINDE PLC          264

11.1.5.1  Business overview 264

11.1.5.2  Products/Solutions/Services offered 265

11.1.5.3  Recent developments           266

11.1.5.3.1                Expansions             266

11.1.5.3.2                Others    266

11.1.5.4  MnM view              267

11.1.5.4.1                Key strengths/Right to win 267

11.1.5.4.2                Strategic choices   267

11.1.5.4.3                Weaknesses/Competitive threats       267

11.1.6      SINOCHEM HONG KONG (GROUP) COMPANY LIMITED                 268

11.1.6.1  Business overview 268

11.1.6.2  Products/Solutions/Services offered 269

11.1.6.3  Recent developments           270

11.1.6.3.1                Deals      270

11.1.7      DAIKIN INDUSTRIES, LTD.           271

11.1.7.1  Business overview 271

11.1.7.2  Products/Solutions/Services offered 272

11.1.7.3  Recent developments           273

11.1.7.3.1                Deals      273

11.1.7.3.2                Expansions             274

11.1.8      ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.                 275

11.1.8.1  Business overview 275

11.1.8.2  Products/Solutions/Services offered 276

11.1.8.3  Recent developments           277

11.1.8.3.1                Product launches  277

11.1.8.3.2                Deals      277

11.1.9      AGC INC.              278

11.1.9.1  Business overview 278

11.1.9.2  Products/Solutions/Services offered 279

11.1.9.3  Recent developments           280

11.1.9.3.1                Product launches  280

11.1.9.3.2                Deals      280

11.1.9.3.3                Expansions             280

11.1.10   A-GAS INTERNATIONAL LIMITED            281

11.1.10.1                 Business overview 281

11.1.10.2                 Products/Solutions/Services offered 281

11.1.10.3                 Recent developments           283

11.1.10.3.1             Deals      283

11.1.10.3.2             Expansions             283

11.2         OTHER PLAYERS              286

11.2.1      SRF LIMITED      286

11.2.2      GUJARAT FLUOROCHEMICALS LIMITED               287

11.2.3      NAVIN FLUORINE INTERNATIONAL LIMITED    287

11.2.4      PUYANG ZHONGWEI FINE CHEMICAL CO., LTD.                 288

11.2.5      SHANDONG YUEAN CHEMICAL INDUSTRY CO., LTD.                 289

11.2.6      HARP INTERNATIONAL LTD       290

11.2.7      QUIMOBÁSICOS, S.A. DE C.V.      291

11.2.8      TAZZETTI S.P.A.                292

11.2.9      GAS SERVEI        293

11.2.10   ZHEJIANG FOTECH INTERNATIONAL CO.             294

11.2.11   REFRIGERANT SERVICES INC.    295

11.2.12   BROTHERS GAS                 296

11.2.13   ECO-FREEZE INTERNATIONAL  296

11.2.14   ENGAS AUSTRALASIA    297

11.2.15   NATIONAL REFRIGERANTS LTD                298

12            ADJACENT AND RELATED MARKETS      299

12.1         INTRODUCTION              299

12.2         LIMITATIONS    299

12.3         INDUSTRIAL REFRIGERATION SYSTEM MARKET                 299

12.3.1      MARKET DEFINITION   299

12.3.2      MARKET OVERVIEW       299

12.4         INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION                300

13            APPENDIX           303

13.1         DISCUSSION GUIDE        303

13.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                307

13.3         CUSTOMIZATION OPTIONS        309

13.4         RELATED REPORTS         309

13.5         AUTHOR DETAILS           310

LIST OF TABLES

TABLE 1                REFRIGERANTS MARKET: DEFINITION AND INCLUSIONS, BY TYPE   27

TABLE 2                REFRIGERANTS MARKET: DEFINITION AND INCLUSIONS, BY APPLICATION 28

TABLE 3                SCHEDULE FOR HCFC ELIMINATION: NON-ARTICLE 5 PARTIES         49

TABLE 4                SCHEDULE FOR HCFC ELIMINATION: ARTICLE 5 PARTIES               49

TABLE 5                SCHEDULE FOR HFC ELIMINATION        49

TABLE 6                PROPERTIES OF MOST COMMONLY USED REFRIGERANTS 50

TABLE 7                FACTORS DEFINING GROWTH OF NATURAL REFRIGERANTS MARKET              51

TABLE 8                REFRIGERANTS WITH LOW GWP AND ZERO ODP       51

TABLE 9                REFRIGERANTS MARKET: PORTER’S FIVE FORCES ANALYSIS           55

TABLE 10              IMPACT OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%)                 55

TABLE 11              KEY BUYING CRITERIA, BY APPLICATION                 56

TABLE 12              GDP TRENDS AND FORECAST OF MAJOR ECONOMIES, 2021–2029 (USD BILLION) 57

TABLE 13              AVERAGE SELLING PRICE TREND OF REFRIGERANTS OFFERED BY KEY PLAYERS, BY APPLICATION, 2023 (USD/KG)  60

TABLE 14              AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION,

2021–2029 (USD/KG)        61

TABLE 15              REFRIGERANTS MARKET: ROLES OF COMPANIES IN ECOSYSTEM       63

TABLE 16              OBJECTIVES OF NOT-IN-KIND COOLING TECHNOLOGY  66

TABLE 17              IMPORT DATA RELATED TO HS CODE 290317-COMPLIANT PRODUCTS, BY REGION, 2019–2023 (USD MILLION)                 68

TABLE 18              EXPORT DATA RELATED TO HS CODE 290317-COMPLIANT PRODUCTS, BY REGION, 2019–2023 (USD MILLION)                 68

TABLE 19              NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  69

TABLE 20              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           70

TABLE 21              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 71

TABLE 22              MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  72

TABLE 23              GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           72

TABLE 24              REGULATORY FRAMEWORK: OTHER KEY SAE STANDARDS      74

TABLE 25              REFRIGERANTS MARKET: KEY CONFERENCES AND EVENTS, 2025           75

TABLE 26              REFRIGERANTS MARKET: PATENT COUNT, 2013–2023              76

TABLE 27              REFRIGERANTS MARKET: LIST OF MAJOR PATENTS, 2013–2023        78

TABLE 28              PATENTS BY DAIKIN INDUSTRIES, LTD.                 81

TABLE 29              PATENTS BY THE CHEMOURS COMPANY                 81

TABLE 30              REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION) 85

TABLE 31              REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION) 86

TABLE 32              REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)         86

TABLE 33              REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)         87

TABLE 34              HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)          87

TABLE 35              HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)          88

TABLE 36              HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  88

TABLE 37              HFC & BLENDS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  88

TABLE 38              HFO: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)            89

TABLE 39              HFO: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)            89

TABLE 40              HFO: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)     90

TABLE 41              HFO: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)     90

TABLE 42              ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)          91

TABLE 43              ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)          91

TABLE 44              ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  91

TABLE 45              ISOBUTANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  92

TABLE 46             PROPANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)            92

TABLE 47             PROPANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)            93

TABLE 48             PROPANE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)     93

TABLE 49             PROPANE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)     93

TABLE 50              AMMONIA: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)          94

TABLE 51              AMMONIA: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)          94

TABLE 52              AMMONIA: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  95

TABLE 53              AMMONIA: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  95

TABLE 54              CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            96

TABLE 55              CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            96

TABLE 56              CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  96

TABLE 57              CARBON DIOXIDE: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  97

TABLE 58              OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)          97

TABLE 59              OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)          98

TABLE 60              OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  98

TABLE 61              OTHER TYPES: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  98

TABLE 62              REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)            101

TABLE 63              REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            101

TABLE 64              REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)     102

TABLE 65              REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)     102

TABLE 66              REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            103

TABLE 67              REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            103

TABLE 68              REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     104

TABLE 69              REFRIGERATION SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     104

TABLE 70              DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            105

TABLE 71              DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            105

TABLE 72              DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     106

TABLE 73              DOMESTIC REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     106

TABLE 74              COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            107

TABLE 75              COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            107

TABLE 76              COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     107

TABLE 77              COMMERCIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     108

TABLE 78              INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            108

TABLE 79              INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            109

TABLE 80              INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     109

TABLE 81              INDUSTRIAL REFRIGERATION: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     109

TABLE 82             CHILLERS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)            110

TABLE 83             CHILLERS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)            110

TABLE 84             CHILLERS: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)     111

TABLE 85             CHILLERS: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)     111

TABLE 86              AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            112

TABLE 87              AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            112

TABLE 88              AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     112

TABLE 89              AIR CONDITIONING SYSTEMS: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     113

TABLE 90              WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)          113

TABLE 91              WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)          114

TABLE 92              WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)  114

TABLE 93              WINDOW AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)  114

TABLE 94              SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION)            115

TABLE 95              SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION)            115

TABLE 96              SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)     116

TABLE 97              SPLIT AC: REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)     116

TABLE 98              VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            117

TABLE 99              VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            117

TABLE 100            VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     118

TABLE 101            VARIABLE REFRIGERANT FLOW: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     118

TABLE 102            DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION,  2018–2023 (USD MILLION)            119

TABLE 103            DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION,  2024–2029 (USD MILLION)            119

TABLE 104            DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION,  2018–2023 (KILOTON)                 119

TABLE 105            DUCTED, PACKAGED, AND ROOFTOP ACS: REFRIGERANTS MARKET, BY REGION,  2024–2029 (KILOTON)                 120

TABLE 106            MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION,

2018–2023 (USD MILLION)            120

TABLE 107            MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION,

2024–2029 (USD MILLION)            121

TABLE 108            MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION,

2018–2023 (KILOTON)     121

TABLE 109            MOBILE AIR CONDITIONING: REFRIGERANTS MARKET, BY REGION,

2024–2029 (KILOTON)     121

TABLE 110            REFRIGERANTS MARKET, BY REGION, 2018–2023 (USD MILLION) 123

TABLE 111            REFRIGERANTS MARKET, BY REGION, 2024–2029 (USD MILLION) 124

TABLE 112            REFRIGERANTS MARKET, BY REGION, 2018–2023 (KILOTON)         124

TABLE 113            REFRIGERANTS MARKET, BY REGION, 2024–2029 (KILOTON)         124

TABLE 114            ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)                126

TABLE 115            ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)                126

TABLE 116            ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)        127

TABLE 117            ASIA PACIFIC: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)        127

TABLE 118            ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            128

TABLE 119            ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            128

TABLE 120            ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      129

TABLE 121            ASIA PACIFIC: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      130

TABLE 122            ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     130

TABLE 123            ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     131

TABLE 124            ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              131

TABLE 125            ASIA PACIFIC: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              132

TABLE 126            CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              133

TABLE 127            CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              133

TABLE 128            CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      134

TABLE 129            CHINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      134

TABLE 130            INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              135

TABLE 131            INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              136

TABLE 132            INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      137

TABLE 133            INDIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      137

TABLE 134            JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              138

TABLE 135            JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              139

TABLE 136            JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      139

TABLE 137            JAPAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      140

TABLE 138            SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            141

TABLE 139            SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            141

TABLE 140            SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      142

TABLE 141            SOUTH KOREA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      143

TABLE 142            INDONESIA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            144

TABLE 143            INDONESIA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            144

TABLE 144            INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      145

TABLE 145            INDONESIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      146

TABLE 146            THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              147

TABLE 147            THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              147

TABLE 148            THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      148

TABLE 149            THAILAND: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      149

TABLE 150            MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              150

TABLE 151            MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              150

TABLE 152            MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      151

TABLE 153            MALAYSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      151

TABLE 154            AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            152

TABLE 155            AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            153

TABLE 156            AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      154

TABLE 157            AUSTRALIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      154

TABLE 158            NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)                156

TABLE 159            NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)                157

TABLE 160            NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)        157

TABLE 161            NORTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)        158

TABLE 162            NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            158

TABLE 163            NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            159

TABLE 164            NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (KILOTON)     160

TABLE 165            NORTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (KILOTON)     160

TABLE 166            NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            161

TABLE 167            NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            161

TABLE 168            NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              161

TABLE 169            NORTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              162

TABLE 170            US: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)            162

TABLE 171            US: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            163

TABLE 172            US: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)     163

TABLE 173            US: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)     164

TABLE 174            CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              165

TABLE 175            CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              165

TABLE 176            CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      166

TABLE 177            CANADA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      166

TABLE 178            MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              167

TABLE 179            MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              168

TABLE 180            MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      168

TABLE 181            MEXICO: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      169

TABLE 182            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE,

2018–2023 (USD MILLION)            170

TABLE 183            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE,

2024–2029 (USD MILLION)            170

TABLE 184            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE,

2018–2023 (KILOTON)     171

TABLE 185            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY TYPE,

2024–2029 (KILOTON)     171

TABLE 186            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)          172

TABLE 187            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            172

TABLE 188            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (KILOTON)     173

TABLE 189            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (KILOTON)     174

TABLE 190            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            174

TABLE 191            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            175

TABLE 192            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY,

2018–2023 (KILOTON)     175

TABLE 193            MIDDLE EAST & AFRICA: REFRIGERANTS MARKET, BY COUNTRY,

2024–2029 (KILOTON)     176

TABLE 194            SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            177

TABLE 195            SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            177

TABLE 196            SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      178

TABLE 197            SAUDI ARABIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      178

TABLE 198            UAE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              179

TABLE 199            UAE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              180

TABLE 200            UAE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      181

TABLE 201            UAE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      181

TABLE 202            IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              182

TABLE 203            IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              183

TABLE 204            IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      183

TABLE 205            IRAN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      184

TABLE 206            SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            185

TABLE 207            SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            185

TABLE 208            SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      186

TABLE 209            SOUTH AFRICA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      186

TABLE 210            SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)                187

TABLE 211            SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)                187

TABLE 212            SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)        188

TABLE 213            SOUTH AMERICA: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)        188

TABLE 214            SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            189

TABLE 215            SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            189

TABLE 216            SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (KILOTON)     190

TABLE 217            SOUTH AMERICA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (KILOTON)     191

TABLE 218            SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY,

2018–2023 (USD MILLION)            191

TABLE 219            SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            191

TABLE 220            SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              192

TABLE 221            SOUTH AMERICA: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              192

TABLE 222            BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              193

TABLE 223            BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              193

TABLE 224            BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      194

TABLE 225            BRAZIL: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      195

TABLE 226            ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION,

2018–2023 (USD MILLION)            196

TABLE 227            ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            196

TABLE 228            ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      197

TABLE 229            ARGENTINA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      198

TABLE 230            EUROPE: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (USD MILLION)            199

TABLE 231            EUROPE: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (USD MILLION)            200

TABLE 232            EUROPE: REFRIGERANTS MARKET, BY TYPE, 2018–2023 (KILOTON)     200

TABLE 233            EUROPE: REFRIGERANTS MARKET, BY TYPE, 2024–2029 (KILOTON)     201

TABLE 234            EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              201

TABLE 235            EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              202

TABLE 236            EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      203

TABLE 237            EUROPE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      203

TABLE 238            EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (USD MILLION)     204

TABLE 239            EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     204

TABLE 240            EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2018–2023 (KILOTON)              205

TABLE 241            EUROPE: REFRIGERANTS MARKET, BY COUNTRY, 2024–2029 (KILOTON)              205

TABLE 242            GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              206

TABLE 243            GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              206

TABLE 244            GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      207

TABLE 245            GERMANY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      207

TABLE 246            RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              208

TABLE 247            RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              209

TABLE 248            RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      209

TABLE 249            RUSSIA: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      210

TABLE 250            ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              211

TABLE 251            ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              211

TABLE 252            ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      212

TABLE 253            ITALY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      212

TABLE 254            FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              213

TABLE 255            FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              214

TABLE 256            FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      214

TABLE 257            FRANCE: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      215

TABLE 258            UK: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)            216

TABLE 259            UK: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            216

TABLE 260            UK: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)     217

TABLE 261            UK: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)     217

TABLE 262            TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              218

TABLE 263            TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              219

TABLE 264            TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      219

TABLE 265            TURKEY: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      220

TABLE 266            SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (USD MILLION)              221

TABLE 267            SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              221

TABLE 268            SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2018–2023 (KILOTON)      222

TABLE 269            SPAIN: REFRIGERANTS MARKET, BY APPLICATION, 2024–2029 (KILOTON)      223

TABLE 270            REFRIGERANTS MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED

BY MAJOR MARKET PLAYERS, 2020–2024                 224

TABLE 271            REFRIGERANTS MARKET: DEGREE OF COMPETITION, 2023       227

TABLE 272            REFRIGERANTS MARKET: TYPE FOOTPRINT                 233

TABLE 273            REFRIGERANTS MARKET: APPLICATION FOOTPRINT       234

TABLE 274            REFRIGERANTS MARKET: REGION FOOTPRINT                 236

TABLE 275            REFRIGERANTS MARKET: DETAILED LIST OF KEY STARTUPS/SMES    239

TABLE 276            REFRIGERANTS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES          239

TABLE 277          REFRIGERANTS MARKET: PRODUCT LAUNCHES, JANUARY 2020–

SEPTEMBER 2024              242

TABLE 278            REFRIGERANTS MARKET: DEALS, JANUARY 2020–SEPTEMBER 2024   242

TABLE 279            REFRIGERANTS MARKET: EXPANSIONS, JANUARY 2020–SEPTEMBER 2024                244

TABLE 280            REFRIGERANTS MARKET: OTHERS, JANUARY 2020–SEPTEMBER 2024   246

TABLE 281            ARKEMA: COMPANY OVERVIEW                247

TABLE 282            ARKEMA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             248

TABLE 283            ARKEMA: DEALS               249

TABLE 284            DONGYUE GROUP LIMITED: COMPANY OVERVIEW          250

TABLE 285            DONGYUE GROUP LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    251

TABLE 286            HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW          253

TABLE 287            HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    254

TABLE 288            HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES          255

TABLE 289            HONEYWELL INTERNATIONAL INC.: DEALS                 256

TABLE 290            HONEYWELL INTERNATIONAL INC.: EXPANSIONS     257

TABLE 291            HONEYWELL INTERNATIONAL INC.: OTHERS                 257

TABLE 292            THE CHEMOURS COMPANY: COMPANY OVERVIEW          259

TABLE 293            THE CHEMOURS COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 294            THE CHEMOURS COMPANY: DEALS        261

TABLE 295            THE CHEMOURS COMPANY: EXPANSIONS                 262

TABLE 296            THE CHEMOURS COMPANY: OTHERS    262

TABLE 297            LINDE PLC: COMPANY OVERVIEW           264

TABLE 298            LINDE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             265

TABLE 299            LINDE PLC: EXPANSIONS             266

TABLE 300            LINDE PLC: OTHERS       266

TABLE 301            SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: COMPANY OVERVIEW               268

TABLE 302            SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED                 269

TABLE 303            SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: DEALS               270

TABLE 304            DAIKIN INDUSTRIES, LTD.: COMPANY OVERVIEW          271

TABLE 305            DAIKIN INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    272

TABLE 306            DAIKIN INDUSTRIES, LTD.: DEALS           273

TABLE 307            DAIKIN INDUSTRIES, LTD.: EXPANSIONS                 274

TABLE 308            ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: COMPANY OVERVIEW   275

TABLE 309            ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        276

TABLE 310            ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: PRODUCT LAUNCHES   277

TABLE 311            ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: DEALS  277

TABLE 312            AGC INC.: COMPANY OVERVIEW               278

TABLE 313            AGC INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             279

TABLE 314            AGC INC.: PRODUCT LAUNCHES               280

TABLE 315            AGC INC.: DEALS              280

TABLE 316            AGC INC.: EXPANSIONS 280

TABLE 317            A-GAS INTERNATIONAL LIMITED: COMPANY OVERVIEW          281

TABLE 318            A-GAS INTERNATIONAL LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED    281

TABLE 319            A-GAS INTERNATIONAL LIMITED: DEALS                 283

TABLE 320            A-GAS INTERNATIONAL LIMITED: EXPANSIONS                 283

TABLE 321            SRF LIMITED: COMPANY OVERVIEW      286

TABLE 322            GUJARAT FLUOROCHEMICALS LIMITED: COMPANY OVERVIEW   287

TABLE 323            NAVIN FLUORINE INTERNATIONAL LIMITED: COMPANY OVERVIEW   287

TABLE 324            PUYANG ZHONGWEI FINE CHEMICAL CO., LTD.: COMPANY OVERVIEW   288

TABLE 325            SHANDONG YUEAN CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW       289

TABLE 326            HARP INTERNATIONAL LTD: COMPANY OVERVIEW          290

TABLE 327            QUIMOBÁSICOS, S.A. DE C.V.: COMPANY OVERVIEW          291

TABLE 328            TAZZETTI S.P.A.: COMPANY OVERVIEW 292

TABLE 329            GAS SERVEI: COMPANY OVERVIEW         293

TABLE 330            ZHEJIANG FOTECH INTERNATIONAL CO.: COMPANY OVERVIEW   294

TABLE 331            REFRIGERANT SERVICES INC.: COMPANY OVERVIEW          295

TABLE 332            BROTHERS GAS: COMPANY OVERVIEW 296

TABLE 333            ECO-FREEZE INTERNATIONAL: COMPANY OVERVIEW          296

TABLE 334            ENGAS AUSTRALASIA: COMPANY OVERVIEW                 297

TABLE 335            NATIONAL REFRIGERANTS LTD: COMPANY OVERVIEW          298

TABLE 336          INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION,

2016–2025 (USD BILLION)             300

TABLE 337            NORTH AMERICA: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY,  2016–2025 (USD MILLION) 301

TABLE 338            EUROPE: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY,

2016–2025 (USD MILLION)            301

TABLE 339            ASIA PACIFIC: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY COUNTRY,  2016–2025 (USD MILLION)                 302

TABLE 340            ROW: INDUSTRIAL REFRIGERATION SYSTEM MARKET, BY REGION,

2016–2025 (USD MILLION)            302

LIST OF FIGURES

FIGURE 1              REFRIGERANTS MARKET: SEGMENTATION AND REGIONAL SPREAD         26

FIGURE 2              REFRIGERANTS MARKET: RESEARCH DESIGN                 30

FIGURE 3              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): COLLECTIVE MARKET SHARE OF KEY PLAYERS     34

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 BOTTOM-UP

(SUPPLY SIDE): COLLECTIVE REVENUE OF ALL PRODUCTS                 34

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 – BOTTOM-UP

(DEMAND SIDE)               35

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4 — TOP-DOWN       36

FIGURE 7              REFRIGERANTS MARKET: DATA TRIANGULATION             37

FIGURE 8              MARKET CAGR PROJECTIONS FROM SUPPLY SIDE      38

FIGURE 9              MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES 39

FIGURE 10            HFC & BLENDS SEGMENT ACCOUNTED FOR LARGEST SHARE OF REFRIGERANTS MARKET IN 2023     42

FIGURE 11            REFRIGERATION SYSTEMS SEGMENT TO LEAD REFRIGERANTS MARKET BETWEEN 2024 AND 2029           42

FIGURE 12            ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF REFRIGERANTS

MARKET IN 2023                43

FIGURE 13            ASIA PACIFIC TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD       44

FIGURE 14            ASIA PACIFIC TO RECORD HIGHEST GROWTH DURING FORECAST PERIOD       44

FIGURE 15            HFC & BLENDS SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES

OF ASIA PACIFIC REFRIGERANTS MARKET IN 2023            45

FIGURE 16            AIR CONDITIONING SYSTEMS SEGMENT LED GLOBAL REFRIGERANTS

MARKET IN 2023                45

FIGURE 17            INDIA TO BE FASTEST-GROWING REFRIGERANTS MARKET DURING FORECAST PERIOD   46

FIGURE 18            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN

REFRIGERANTS MARKET              47

FIGURE 19            REFRIGERANTS MARKET: PORTER’S FIVE FORCES ANALYSIS           53

FIGURE 20            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION        55

FIGURE 21            KEY BUYING CRITERIA, BY APPLICATION                 56

FIGURE 22            REFRIGERANTS MARKET: SUPPLY CHAIN ANALYSIS            58

FIGURE 23            AVERAGE SELLING PRICE TREND OF REFRIGERANTS OFFERED BY KEY PLAYERS, BY APPLICATION, 2023        60

FIGURE 24            AVERAGE SELLING PRICE TREND OF REFRIGERANTS, BY REGION,

2021–2029 (USD/KG)        61

FIGURE 25            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   62

FIGURE 26            REFRIGERANTS MARKET: ECOSYSTEM MAP                 62

FIGURE 27            IMPORT DATA FOR HS CODE 290317-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)            67

FIGURE 28            EXPORT DATA FOR HS CODE 290317-COMPLIANT PRODUCTS, BY KEY COUNTRY, 2019–2023 (USD MILLION)            68

FIGURE 29            REFRIGERANTS MARKET: PATENTS REGISTERED, 2013–2023 77

FIGURE 30            GRANTED PATENT TRENDS, 2013–2023  77

FIGURE 31            MAJOR PATENTS RELATED TO REFRIGERANTS, 2013–2023              78

FIGURE 32            LEGAL STATUS OF PATENTS FILED FOR REFRIGERANTS 82

FIGURE 33           MAXIMUM PATENTS FILED IN US JURISDICTION, 2013-2023              82

FIGURE 34            IMPACT OF AI/GEN AI ON REFRIGERANTS MARKET               83

FIGURE 35            HFC & BLENDS TO BE LARGEST SEGMENT OF REFRIGERANTS MARKET IN 2029               85

FIGURE 36            REFRIGERATION SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024             100

FIGURE 37            ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR REFRIGERANTS BETWEEN 2024 AND 2029 123

FIGURE 38            ASIA PACIFIC: REFRIGERANTS MARKET SNAPSHOT          125

FIGURE 39            NORTH AMERICA: REFRIGERANTS MARKET SNAPSHOT          156

FIGURE 40            EUROPE: REFRIGERANTS MARKET SNAPSHOT                 199

FIGURE 41            REFRIGERANTS MARKET SHARE ANALYSIS, 2023                 227

FIGURE 42            REFRIGERANTS MARKET: REVENUE ANALYSIS OF KEY COMPANIES,  2019–2023 (USD MILLION)              229

FIGURE 43            REFRIGERANTS MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         231

FIGURE 44            REFRIGERANTS MARKET: COMPANY FOOTPRINT       232

FIGURE 45            REFRIGERANTS MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023                238

FIGURE 46            REFRIGERANTS MARKET: BRAND/PRODUCT COMPARISON   240

FIGURE 47            REFRIGERANTS MARKET: EV/EBITDA OF KEY MANUFACTURERS           241

FIGURE 48            REFRIGERANTS MARKET: ENTERPRISE VALUATION (EV) OF

KEY PLAYERS (USD BILLION)     241

FIGURE 49            ARKEMA: COMPANY SNAPSHOT               248

FIGURE 50            DONGYUE GROUP LIMITED: COMPANY SNAPSHOT          251

FIGURE 51            HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT          254

FIGURE 52            THE CHEMOURS COMPANY: COMPANY SNAPSHOT          260

FIGURE 53            LINDE PLC: COMPANY SNAPSHOT           265

FIGURE 54            SINOCHEM HONG KONG (GROUP) COMPANY LIMITED: COMPANY SNAPSHOT               269

FIGURE 55            DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT          272

FIGURE 56            ORBIA ADVANCE CORPORATION, S.A.B. DE C.V.: COMPANY SNAPSHOT   276

FIGURE 57            AGC INC.: COMPANY SNAPSHOT              279