1 序文
2 調査範囲と方法論
2.1 調査の目的
2.2 ステークホルダー
2.3 データソース
2.3.1 一次情報源
2.3.2 二次情報源
2.4 市場推定
2.4.1 ボトムアップアプローチ
2.4.2 トップダウンアプローチ
2.5 予測方法
3 エグゼクティブ・サマリー
4 はじめに
4.1 概要
4.2 主要業界動向
5 世界の低GWP冷媒市場
5.1 市場概要
5.2 市場パフォーマンス
5.3 COVID-19の影響
5.4 市場予測
6 タイプ別市場構成
6.1 無機
6.1.1 市場動向
6.1.2 市場予測
6.2 炭化水素
6.2.1 市場動向
6.2.2 市場予測
6.3 フルオロカーボンとフルオロオレフィン（HFCsとHFOs）
6.3.1 市場動向
6.3.2 市場予測
7 用途別市場構成
7.1 業務用冷凍
7.1.1 市場動向
7.1.2 市場予測
7.2 産業用冷凍
7.2.1 市場動向
7.2.2 市場予測
7.3 家庭用冷凍機
7.3.1 市場動向
7.3.2 市場予測
7.4 その他
7.4.1 市場動向
7.4.2 市場予測
8 地域別市場内訳
8.1 北米
8.1.1 米国
8.1.1.1 市場動向
8.1.1.2 市場予測
8.1.2 カナダ
8.1.2.1 市場動向
8.1.2.2 市場予測
8.2 アジア太平洋
8.2.1 中国
8.2.1.1 市場動向
8.2.1.2 市場予測
8.2.2 日本
8.2.2.1 市場動向
8.2.2.2 市場予測
8.2.3 インド
8.2.3.1 市場動向
8.2.3.2 市場予測
8.2.4 韓国
8.2.4.1 市場動向
8.2.4.2 市場予測
8.2.5 オーストラリア
8.2.5.1 市場動向
8.2.5.2 市場予測
8.2.6 インドネシア
8.2.6.1 市場動向
8.2.6.2 市場予測
8.2.7 その他
8.2.7.1 市場動向
8.2.7.2 市場予測
8.3 欧州
8.3.1 ドイツ
8.3.1.1 市場動向
8.3.1.2 市場予測
8.3.2 フランス
8.3.2.1 市場動向
8.3.2.2 市場予測
8.3.3 イギリス
8.3.3.1 市場動向
8.3.3.2 市場予測
8.3.4 イタリア
8.3.4.1 市場動向
8.3.4.2 市場予測
8.3.5 スペイン
8.3.5.1 市場動向
8.3.5.2 市場予測
8.3.6 ロシア
8.3.6.1 市場動向
8.3.6.2 市場予測
8.3.7 その他
8.3.7.1 市場動向
8.3.7.2 市場予測
8.4 中南米
8.4.1 ブラジル
8.4.1.1 市場動向
8.4.1.2 市場予測
8.4.2 メキシコ
8.4.2.1 市場動向
8.4.2.2 市場予測
8.4.3 その他
8.4.3.1 市場動向
8.4.3.2 市場予測
8.5 中東・アフリカ
8.5.1 市場動向
8.5.2 国別市場内訳
8.5.3 市場予測
9 推進要因、阻害要因、機会
9.1 概要
9.2 推進要因
9.3 阻害要因
9.4 機会
10 バリューチェーン分析
11 ポーターズファイブフォース分析
11.1 概要
11.2 買い手の交渉力
11.3 供給者の交渉力
11.4 競争の程度
11.5 新規参入の脅威
11.6 代替品の脅威
12 価格分析
13 競争環境
13.1 市場構造
13.2 主要プレーヤー
13.3 主要プレーヤーのプロフィール
13.3.1 A-Gas International Ltd.
13.3.1.1 会社概要
13.3.1.2 製品ポートフォリオ
13.3.2 アルケマ
13.3.2.1 会社概要
13.3.2.2 製品ポートフォリオ
13.3.2.3 財務
13.3.2.4 SWOT分析
13.3.3 ダイキン工業（株
13.3.3.1 会社概要
13.3.3.2 製品ポートフォリオ
13.3.3.3 財務
13.3.3.4 SWOT分析
13.3.4 ダンフォスA/S
13.3.4.1 会社概要
13.3.4.2 製品ポートフォリオ
13.3.4.3 SWOT分析
13.3.5 GTS SPA
13.3.5.1 会社概要
13.3.5.2 製品ポートフォリオ
13.3.6 ハープインターナショナル
13.3.6.1 会社概要
13.3.6.2 製品ポートフォリオ
13.3.7 ハネウェル・インターナショナル13.3.7.1 会社概要
13.3.7.1 会社概要
13.3.7.2 製品ポートフォリオ
13.3.7.3 財務
13.3.7.4 SWOT分析
13.3.8 リンデ plc
13.3.8.1 会社概要
13.3.8.2 製品ポートフォリオ
13.3.9 メッサーグループ
13.3.9.1 会社概要
13.3.9.2 製品ポートフォリオ
13.3.10 Tazzetti S.p.A
13.3.10.1 会社概要
13.3.10.2 製品ポートフォリオ
13.3.11 ケムール社
13.3.11.1 会社概要
13.3.11.2 製品ポートフォリオ
13.3.11.3 財務
13.3.11.4 SWOT分析
図1: 世界の低GWP冷媒市場：主な推進要因と課題
図2：世界：低GWP冷媒市場：販売額（単位：億米ドル）、2019年～2024年
図3：世界：低GWP冷媒市場低GWP冷媒市場の予測：販売額（単位：億米ドル）、2025年～2033年
図4：世界：低GWP冷媒市場：タイプ別内訳（単位：%）、2024年
図5：世界：低GWP冷媒の世界市場：用途別構成比（単位低GWP冷媒の世界市場：用途別構成比（%）、2024年
図6：世界：低GWP冷媒の世界市場：低GWP冷媒の世界市場：地域別構成比（%）、2024年
図7：世界：低GWP冷媒（無機）市場：販売額（単位：百万米ドル）、2019年・2024年
図8：世界：低GWP冷媒（無機物）の世界市場予測：販売額（単位：百万米ドル）、2025年～2033年
図9：世界：低GWP冷媒（炭化水素）市場：販売額（単位：百万米ドル）、2019年・2024年
図10：世界：低GWP冷媒（炭化水素）市場予測：販売額（単位：百万米ドル）、2025年～2033年
図11：世界：低GWP冷媒（フルオロカーボンとフルオロオレフィン（HFCとHFO））市場：販売額（単位：百万米ドル）、2019年・2024年
図12：世界：低GWP冷媒（フルオロカーボンとフルオロオレフィン（HFCとHFOs））市場予測：販売額（単位：百万米ドル）、2025年～2033年
図13：世界：低GWP冷媒（業務用冷凍）市場：販売額（単位：百万米ドル）、2019年・2024年
図14：世界：低GWP冷媒（業務用冷凍機）市場予測：販売額（単位：百万米ドル）、2025年～2033年
図15：世界：低GWP冷媒（産業用冷凍機）市場：販売額（単位：百万米ドル）、2019年・2024年
図16：世界：低GWP冷媒（産業用冷凍機）市場予測：販売額（単位：百万米ドル）、2025年～2033年
図17：世界：低GWP冷媒（家庭用冷凍機）市場：販売額（単位：百万米ドル）、2019年・2024年
図18：世界：低GWP冷媒（家庭用冷凍機）市場予測：販売額（単位：百万米ドル）、2025年～2033年
図19：世界：低GWP冷媒（その他用途）市場：販売額（単位：百万米ドル）、2019年・2024年
図20：世界：低GWP冷媒（その他用途）市場予測：販売額（単位：百万米ドル）、2025年～2033年
図21：北米：低GWP冷媒市場：販売金額（単位：百万米ドル）、2019年・2024年
図22: 北米：北米：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図23: 米国：低GWP冷媒市場：販売金額（単位：百万米ドル）、2019年および2024年
図24: 米国：米国：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図25：カナダ：低GWP冷媒市場予測カナダ：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図26：カナダ：低GWP冷媒市場の予測：2019年および2024年カナダ：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図27：アジア太平洋：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図28：アジア太平洋地域の低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図29：中国：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図30：中国：低GWP冷媒市場の予測：2019年および2024年低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図31：日本：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図32：日本：低GWP冷媒市場予測低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図33：インド：低GWP冷媒市場予測インド：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図34：インド：低GWP冷媒市場の予測：2019年および2024年インド：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図35：韓国：低GWP冷媒市場予測：2025-2033年韓国：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図36：韓国：低GWP冷媒市場の予測：2019年および2024年低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図37：オーストラリア：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図38：オーストラリア：低GWP冷媒市場の予測：2019年および2024年オーストラリア：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図39：インドネシア：低GWP冷媒市場予測インドネシア：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図40：インドネシア：低GWP冷媒市場の予測：2019年および2024年インドネシアの低GWP冷媒市場予測：販売額（単位：百万米ドル）、2025年～2033年
図41：その他：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図42：その他：低GWP冷媒市場の予測：2019年および2024年その他：低GWP冷媒市場の予測：販売金額（単位：百万米ドル）、2025年～2033年
図43：ヨーロッパ：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図44：欧州：低GWP冷媒市場の予測：2019年および2024年低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図45：ドイツ：低GWP冷媒市場：2025-2033年ドイツ：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図46：ドイツ：低GWP冷媒市場の予測：2019年および2024年ドイツの低GWP冷媒市場予測：販売額（単位：百万米ドル）、2025年～2033年
図47：フランス：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図48：フランス：低GWP冷媒市場の予測：2019年および2024年フランス：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図49：イギリス：低GWP冷媒市場予測：2025-2033年低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図50: イギリス：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図51：イタリア：低GWP冷媒市場予測イタリア：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図 52：イタリア：低GWP冷媒市場の予測：2019年および2024年イタリアの低GWP冷媒市場予測：販売額（単位：百万米ドル）、2025年～2033年
図53：スペイン：低GWP冷媒市場予測スペインの低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図54：スペイン：低GWP冷媒市場の予測：2019年および2024年スペインの低GWP冷媒市場予測：販売額（単位：百万米ドル）、2025年～2033年
図55：ロシア：低GWP冷媒市場予測：販売金額（百万米ドル低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図56：ロシア：低GWP冷媒市場予測低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図57：その他：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図 58：その他：低GWP冷媒市場の予測：2019年および2024年その他：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図59：ラテンアメリカ：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図60：ラテンアメリカ：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図61：ブラジル：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図62：ブラジル：低GWP冷媒市場の予測：2019年および2024年ブラジル：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図63：メキシコ: 低GWP冷媒市場予測: 販売額 (百万米ドル), 2025-2033低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図64：メキシコ: 低GWP冷媒市場の予測: 2019年および2024年低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図65：その他：低GWP冷媒市場予測低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図66：その他：低GWP冷媒市場の予測：2019年および2024年低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図67：中東およびアフリカ：低GWP冷媒市場：販売額（単位：百万米ドル）、2019年および2024年
図68：中東およびアフリカ：中東およびアフリカ：低GWP冷媒市場：国別内訳（%）、2024年
図 69：中東およびアフリカ：低GWP冷媒市場の予測：販売額（単位：百万米ドル）、2025年～2033年
図 70: 世界：低 GWP 冷媒産業：促進要因、阻害要因、機会
図71：世界：低 GWP 冷媒業界：促進要因、抑制要因、機会低 GWP 冷媒産業：バリューチェーン分析
図 72：世界の低 GWP 冷媒業界：ポーターのファイブフォース分析
表一覧
表1：世界：低GWP冷媒市場：主要産業ハイライト、2024年および2033年
表2：世界：低GWP冷媒市場の予測：タイプ別内訳（単位：百万米ドル）、2025年～2033年
表3：世界：低GWP冷媒の世界市場予測：用途別構成比（単位：百万米ドル）、2025-2033年
表4：世界：低GWP冷媒の世界市場予測：地域別構成比（単位：百万米ドル）、2025-2033年
表5：世界：低GWP冷媒市場：競争構造
表6：世界：低GWP冷媒市場：主要プレイヤー
The global Low GWP Refrigerant market size was valued at USD 8.7 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 15.7 Billion by 2033, exhibiting a CAGR of 6.73% during 2025-2033. Asia-Pacific currently dominates the market, holding a significant market share of over 34.7% in 2024. This region is leading due to rapid industrialization, stringent environmental regulations, and high demand for sustainable cooling solutions across various industries and applications.
Low GWP Refrigerant Market Analysis:
Market Growth and Size: The global market is experiencing robust growth, driven by the increasing emphasis on environmental sustainability and the phasing out of high GWP refrigerants. The market is witnessing substantial expansion as industries transition towards greener and more climate-friendly refrigeration solutions.
Major Market Drivers: Key drivers include the global efforts to mitigate climate change, regulatory initiatives promoting the use of low GWP refrigerants, and the rising awareness of the environmental impact of traditional refrigerants. The demand is further propelled by the need for energy-efficient and environmentally friendly cooling solutions across various sectors.
Technological Advancements: Technological advancements, such as the development of next-generation refrigerants with lower GWP, are shaping the market. Ongoing research and innovation focus on creating refrigerants that balance environmental impact, energy efficiency, and safety standards. Advanced technologies aim to address the challenges associated with the transition to low GWP alternatives.
Industry Applications: The product finds applications across a wide range of industries, including HVAC (Heating, Ventilation, and Air Conditioning), automotive air conditioning, refrigeration, and industrial cooling. The adoption of low GWP refrigerants is prevalent in new installations as well as retrofits, reflecting a shift towards sustainable cooling practices.
Key Market Trends: Key trends include the increasing use of natural refrigerants like hydrofluoroolefins (HFOs) and hydrocarbons, the integration of low GWP alternatives in new equipment designs, and the development of retrofit solutions for existing systems. Additionally, there is a growing focus on energy-efficient refrigeration technologies.
Geographical Trends: Geographically, the market exhibits a global shift towards environmentally responsible refrigeration practices. Developed regions with stringent environmental regulations are at the forefront of adopting low GWP alternatives while emerging economies are increasingly recognizing the importance of sustainable cooling solutions.
Competitive Landscape: The competitive landscape is characterized by both established chemical manufacturers and new entrants focusing on low GWP refrigerant production. Key players are investing in research and development to create innovative and cost-effective solutions. Partnerships and collaborations with equipment manufacturers and end-users are common strategies to expand market presence.
Challenges and Opportunities: Challenges include the need for global standardization, addressing safety concerns associated with some low GWP alternatives, and the phase-out of high GWP refrigerants in existing systems. Opportunities lie in the development of new, efficient, and safe low GWP refrigerants, catering to diverse industrial applications and complying with evolving regulatory frameworks.
Future Outlook: The market appears promising, with sustained growth anticipated, driven by the global commitment to reduce greenhouse gas emissions. As regulatory pressures intensify and environmental awareness grows, the market is poised for continued expansion. The future outlook hinges on ongoing technological advancements, industry collaborations, and the successful integration of environmentally friendly refrigeration solutions across various sectors.
Low global warming potential (GWP) refrigerants are substances employed as cooling agents with significantly reduced environmental impact. These refrigerants encompass a range of options, such as hydrocarbons, fluorocarbons, carbon dioxide, and ammonia. They have found widespread application in industrial-scale refrigeration systems like food processing plants, breweries, and cold storage facilities. Additionally, they serve heating and cooling needs for residential and commercial buildings. In contrast to conventional high-GWP refrigerants, their employment yields diminished contributions to climate change and ozone depletion. Furthermore, these low GWP alternatives offer enhanced safety, improved energy efficiency, lower toxicity, and reduced flammability while aiding in emission reduction efforts. Consequently, their versatile benefits position low GWP refrigerants as essential components within sectors ranging from commercial to industrial and domestic refrigeration.
The global market is majorly driven by the increasing concern over climate change and its direct link to high-GWP refrigerants. In response, industries are transitioning towards low-GWP refrigerants to meet regulatory requirements and mitigate their carbon footprint. These refrigerants offer a tangible solution to reduce greenhouse gas emissions, aligning with sustainability goals set by governments, organizations, and consumers. Additionally, the energy efficiency of low-GWP refrigerants is a significant factor in their adoption. These refrigerants often exhibit better heat transfer properties, enhancing the overall efficiency of cooling and heating systems. This reduces operating costs and aligns with the global push for energy conservation. Moreover, the safety aspect of low-GWP refrigerants is another key driver. Several of these alternatives have lower toxicity and flammability, ensuring safer operation and reduced risks for technicians and end-users. As industries prioritize safety in their operations, the appeal of low-GWP refrigerants continues to grow. Rapid technological innovation and research in refrigerant development have created more efficient and effective low-GWP alternatives. This ongoing research and development contributes to expanding the portfolio of available options, catering to various applications across different industries.
Low GWP Refrigerant Market Trends:
Introduction of new eco-friendly low GWP refrigerants
The introduction of new eco-friendly low global warming potential (GWP) refrigerants is stimulating the market. As the world grapples with environmental challenges, industries are actively seeking alternatives to high-GWP refrigerants. The development and launch of innovative low-GWP refrigerants offer a compelling solution to reduce greenhouse gas emissions and align with sustainability goals. These new refrigerants adhere to stringent regulatory requirements and resonate with consumer preferences for environmentally responsible products. Industries across commercial, industrial, and residential sectors are eager to adopt these eco-friendly options to enhance their corporate social responsibility efforts and reduce their carbon footprint. The introduction of these refrigerants fuels technological advancements, inspiring further research and development to create even more efficient and effective solutions. As governments and organizations prioritize emission reductions, the availability of new eco-friendly low-GWP refrigerants shapes purchasing decisions, accelerates market growth, and reinforces the broader commitment to combat climate change.
Increasing product application in the residential sector
The increasing application of low global warming potential (GWP) refrigerants in the residential sector is bolstering the market. As homeowners and builders become more environmentally conscious, a growing demand for sustainable cooling and heating solutions with minimal environmental impact is growing. Low-GWP refrigerants offer a viable alternative to high-GWP options, aligning with the residential sector's sustainability goals. Homeowners are now seeking energy-efficient and eco-friendly cooling systems that provide comfort and reduce their carbon footprint. Adopting low-GWP refrigerants addresses climate change concerns and contributes to a greener living environment. Furthermore, government initiatives and regulations to reduce greenhouse gas emissions support the residential sector's adoption of low-GWP refrigerants. Rebates, incentives, and mandates for environmentally friendly cooling solutions drive the transition toward these alternatives. The increasing awareness of health and safety considerations also plays a role. Low-GWP refrigerants often have lower toxicity and flammability, enhancing residential safety standards. As low-GWP refrigerants gain traction in the residential sector, their market growth is fueled by environmental consciousness, regulatory support, and the desire for sustainable and efficient home cooling solutions.
Rising demand for frozen food products
The rising demand for frozen food products is fueling market growth. As consumer lifestyles become more fast-paced, the convenience and availability of frozen food options have gained significant popularity. Low-GWP refrigerants play a crucial role in maintaining the freshness and safety of these frozen products while minimizing their environmental impact. They enable the creation of efficient and sustainable cooling systems used in cold storage facilities, distribution centers, and retail freezers for frozen foods. As the demand for frozen food products continues to grow, there's a parallel need for reliable and eco-friendly refrigeration solutions to preserve product quality and adhere to food safety standards. Moreover, the focus on sustainability within the food industry has prompted manufacturers, retailers, and consumers to opt for products and processes that reduce carbon emissions. The use of these refrigerants aligns with these sustainability efforts, contributing to the overall environmental responsibility of the frozen food supply chain.
Low GWP Refrigerant Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global low GWP refrigerant market, along with forecasts at the global, regional, and country levels from 2025-2033. The market has been classified based on type and application.
Breakup by Type:
Inorganics
Hydrocarbons
Fluorocarbons and Fluoro-olefins (HFCs and HFOs)
Hydrocarbons dominate the market
The report has provided a detailed breakup and analysis of the market based on the type. This includes inorganics, hydrocarbons, and fluorocarbons and fluoro-olefins (HFCs and HFOs). According to the report, hydrocarbons represented the largest segment.
Hydrocarbons, such as propane and isobutane, offer a promising solution due to their low environmental impact and excellent thermodynamic properties. These natural refrigerants have gained traction as alternatives to high-GWP options due to their negligible impact on ozone depletion and minimal contribution to global warming.
The increasing emphasis on sustainability and stringent environmental regulations has led industries to explore hydrocarbons for various cooling applications. Their higher energy efficiency and compatibility with existing systems further enhance their appeal. As companies strive to reduce greenhouse gas emissions and transition towards greener solutions, hydrocarbons emerge as a compelling choice.
The hydrocarbon segment's growth is propelled by its alignment with eco-friendly goals, robust thermodynamic performance, and versatility across different industries. As demand for environmentally responsible refrigerants surges, the hydrocarbons segment continues to shape and advance the market growth.
Breakup by Application:
Commercial Refrigeration
Industrial Refrigeration
Domestic Refrigeration
Others
Commercial refrigeration dominates the market
The report has provided a detailed breakup and analysis of the market based on the application. This includes commercial refrigeration, industrial refrigeration, domestic refrigeration, and others. According to the report, commercial refrigeration represented the largest segment.
With businesses and industries increasingly focusing on environmental sustainability, the need for eco-friendly refrigeration solutions has gained prominence. Low-GWP refrigerants, such as hydrofluorocarbon (HFC) alternatives and natural refrigerants, are gaining traction in commercial settings like supermarkets, restaurants, and hotels.
Commercial refrigeration systems, which include display cases, cold storage, and HVAC units, consume significant energy and can contribute to high greenhouse gas emissions. The adoption of low-GWP refrigerants helps businesses lower their carbon footprint, comply with regulations, and enhance their environmental image.
As businesses seek to balance operational efficiency and environmental responsibility, these refrigerants offer a win-win solution. Manufacturers are responding by developing refrigerants that deliver optimal performance, energy efficiency, and compliance with evolving standards. The growing demand for sustainable and efficient cooling solutions in the commercial sector is propelling the use of these refrigerants, thereby contributing to the expansion of the market.
Breakup by Region:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance, accounting for the largest market share
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for low GWP refrigerant.
Rapid urbanization, population growth, and economic development in countries like China, India, and Southeast Asian nations have led to increased demand for cooling solutions across various sectors. As environmental concerns gain prominence, governments and industries in the region are actively adopting low-GWP refrigerants to align with global climate goals and regional regulations. The need for sustainable cooling, particularly in densely populated urban areas, fuels the adoption of these eco-friendly alternatives.
Additionally, the growing middle-class population in the Asia Pacific is driving demand for consumer goods, including refrigeration-dependent products like food and beverages. This increases the requirement for energy-efficient and environmentally friendly cooling systems, further boosting the market. The region's prominence in manufacturing and exports also influences the market. As industries prioritize sustainability in supply chains, the demand for these refrigerants for industrial processes and logistics intensifies.
Competitive Landscape:
Top companies are actively contributing to strengthening the low global warming potential (GWP) refrigerant market growth through a range of strategic initiatives. They invest significantly in research and development to innovate and introduce new low-GWP refrigerant formulations that align with evolving environmental regulations and consumer demands. These companies leverage their industry expertise to provide comprehensive solutions, from manufacturing to distribution, ensuring seamless adoption of low-GWP refrigerants by diverse sectors. Furthermore, top companies play a pivotal role in raising awareness about the benefits of these refrigerants through targeted marketing campaigns and educational initiatives. They collaborate with stakeholders, including governments and regulatory bodies, to shape policies incentivizing the transition to eco-friendly alternatives. By driving technological advancements, promoting sustainable practices, and championing the adoption of these refrigerants, these industry leaders pave the way for a greener and more efficient cooling landscape, thus accelerating the market expansion.
The report has provided a comprehensive analysis of the competitive landscape in the low GWP refrigerant market. Detailed profiles of all major companies have also been provided.
A-Gas International Ltd.
Arkema
Daikin Industries Ltd.
Danfoss A/S
GTS SPA
Harp International Ltd
Honeywell International Inc.
Linde plc
Messer Group
Tazzetti S.p.A
The Chemours Company
Key Questions Answered in This Report
1. What is low GWP refrigerant?
2. How big is the global low GWP refrigerant market?
3. What is the expected growth rate of the global low GWP refrigerant market during 2025-2033?
4. What are the key factors driving the global low GWP refrigerant market?
5. What is the leading segment of the global low GWP refrigerant market based on the type?
6. What is the leading segment of the global low GWP refrigerant market based on application?
7. What are the key regions in the global low GWP refrigerant market?
8. Who are the key players/companies in the global low GWP refrigerant market?
