Global Next-Generation Refrigerant Markets, 2019-2029: Focus on Type (HFCs, Natural Refrigerants, HFOs) and Application (Refrigeration, Air Conditioning, Heat Pumps) -

DUBLIN--()--The "Global Next-Generation Refrigerant Market: Focus on Type (HFCs, Natural Refrigerants, and HFOs) and Application - Analysis and Forecast, 2019-2029" report has been added to's offering.

The global next-generation refrigerant industry is projected to grow at a significant CAGR of 3.22% on the basis of value during the forecast period from 2019 to 2029.

The significant demand for next-generation refrigerants is primarily generated from industries that require efficient and environment-friendly coolants for the smooth functioning of their products. Their low or zero GWP factor is a key factor in increasing their demand in the global market.

Expert Quote

The use of next-generation refrigerants such as hydrocarbons and natural refrigerants is expected to significantly help in solving spiking issues of global warming and also adequately fulfilling the demand for energy-efficient technologies. The growth of the next-generation refrigerant market is expected to pick up the pace with the increasing growth of industries such as refrigeration systems, air-conditioners, and heat pumps, among others.

Market Segmentation

The global next-generation refrigerant market, based on refrigerant type, is segmented into hydrofluorocarbons (HFCs), natural refrigerants, and hydrofluoroolefins (HFOs). The HFCs segment is expected to maintain its dominance during the forecast period in the global next-generation refrigerant market.

The global next-generation refrigerant market, by application, is segmented into refrigeration, air conditioning, and heat pumps. The air conditioning segment dominated the global next-generation refrigerant market in 2018 and is expected to maintain its dominance through the forecast period.

Based on the region, the global next-generation refrigerant market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The regions are further sub-segmented into countries. Data for each of these countries is provided by type and application.

Key Companies in the Global Market

The companies profiled in the report are AGC Inc., Arkema SA, ASPEN Refrigerants, Inc., Daikin Industries, Ltd., Global Refrigerants, Harp International Ltd., Honeywell International Inc., SRF Limited, Tazzetti S.p.A., The Chemours Company, The Linde Group, Carrier Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., and Trane Inc.

Key Topics Covered

Executive Summary

1 Market Dynamics

1.1 Market Drivers

1.1.1 Alarming Issue of Global Warming and the Spurt in Adoption of Eco-Friendly Refrigerants

1.1.2 Growing End-Use Sector Driving the Growth of the Refrigerant Market

1.1.3 Adherence to Stringent Regulations to Maintain Energy Efficiency Standards

1.2 Market Restraints

1.2.1 Highly Flammable and Toxic Nature of Refrigerants Hindering the Acceptance Rate of Next-Generation Refrigerants in the Market

1.2.2 Implication of New Amendments in Environmental Regulations and Norms Creates Confusion in their Application

1.3 Opportunities

1.3.1 Increasing Number of Consumer Goods Brands Opting for Hydrocarbons (HCs) and Natural Refrigerants

2 Competitive Insights

2.1 Key Market Developments and Strategies

2.1.1 Business Expansions

2.1.2 Partnerships, Collaborations, and Joint Ventures

2.1.3 Mergers and Acquisitions

2.1.4 Product Launches

2.1.5 Others (Investment and Awards)

2.2 Market Share Analysis

3 Industry Analysis

3.1 Supply Chain Analysis

3.2 Industry Attractiveness

3.2.1 Threat of New Entrants

3.2.2 Bargaining Power of Buyers

3.2.3 Bargaining Power of Suppliers

3.2.4 Threat from Substitutes

3.2.5 Intensity of Competitive Rivalry

3.3 Illegal Refrigerant Trading in the Ecosystem

3.4 International Agreements

3.4.1 The Montreal Protocol

3.4.2 Kigali Amendment

3.4.3 Kyoto Protocol

3.5 Policy Trends in Europe

3.5.1 F-Gas Regulation

4 Global Next-Generation Refrigerant Market (by Type), $Million and Kilotons, 2019-2029

4.1 Overview

4.2 Hydrofluorocarbons (HFCs)

4.3 Natural Refrigerants

4.3.1 Ammonia (R-717)

4.3.2 Carbon Dioxide (R-744)

4.3.3 Hydrocarbons (HCs) Isobutane (R-600a) Ethane (R-170) Propane (R-290) Propylene (R-1270) Ethylene (R-1150)

4.4 Hydrofluroolefin (HFOs)

4.4.1 2,3,3,3-Tetrafluoropropene (R-1234yf)

4.4.2 1,3,3,3-Tetrafluoropropene (R-1234ze)

5 Global Next-Generation Refrigerant Market (by Application), $Billion and Kilotons, 2019-2029

5.1 Overview

5.2 Refrigeration

5.2.1 Domestic

5.2.2 Commercial

5.2.3 Industrial

5.2.4 Transport

5.3 Air Conditioning

5.3.1 Mobile Air Conditioning (MAC)

5.3.2 Residential

5.3.3 Commercial

5.3.4 Industrial

5.4 Heat Pumps

6 Global Next-Generation Refrigerant Market (by Region), $Billion and Kilotons, 2019-2029

6.1 Overview

6.2 North America

6.3 Europe

6.4 Asia-Pacific (APAC)

6.5 Middle East & Africa (MEA)

6.6 South America

7 Company Profiles

7.1 Overview

7.2 Harp International Ltd.

7.2.1 Company Overview

7.2.2 Role of Harp International in the Global Next-Generation Refrigerant Market

7.2.3 Strengths of the Company in the Global Next-Generation Refrigerant Market

7.2.4 Weaknesses of the Company in the Global Next-Generation Refrigerant Market

7.3 AGC Inc.

7.4 Arkema S.A.

7.5 Daikin Industries Ltd.

7.6 SRF Limited

7.7 The Chemours Company

7.8 The Linde Group

7.9 Honeywell International Inc.

7.10 Tazzetti S.p.A.

Supplier and Customer Profiles

7.11 Global Refrigerants

7.12 Aspen Refrigerants Inc.

7.13 Carrier Corporation

7.14 Trane Inc.

7.15 Panasonic Corporation

7.16 Samsung Electronics Co. Ltd.

8 List of Other Players in the Market (Manufacturers and Suppliers)

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900