Refrigerant Market SWOT Analysis & Key Business Strategies 
                     Refrigerant Market Global Analysis and
Forecast to 2028
Published Date : April 2022
 
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Report Studies
 Refrigerant Market Forecast to 2028 - COVID-19 Impact and Global Analysis By 
Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, and 
Others) and Application (Refrigeration Systems, Chillers, Air-Conditioning Systems, 
MACs, and Others)
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Refrigerant Market 
Overview
 The Refrigerant Market was valued at US$ 16,458.3 million in 2021 and is projected to reach 
US$ 25,534.6 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028.
 Refrigerant is a type of fluid used in the thermodynamic cycle of air conditioning. The 
refrigerant undergoes a continuous transition of phase from liquid to gas and then gas to 
liquid in the refrigeration process.
 Refrigeration is the essential process in the industry and home appliances for the purpose of 
cooling and maintaining room temperature. The refrigeration system consists of four major 
components – compressor, condenser, expansion device, and evaporator.
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Key Segment Market
Segment By Type:-
 By Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, and Others)
 Application (Refrigeration Systems, Chillers, Air-Conditioning Systems, MACs, and Others)
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e
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Refrigerant Market $50,000
Value
$40,000
$30,000
CAGR of 6.5% 
$20,000
(2021 - 2028)
$10,000
$0
20XX 20XX 20XX 20XX 20XX
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Company Profiles
 The Chemours Company
 Arkema
 Honeywell International Inc.
 Linde plc
 Air Liquide
 Dongyue Group
 SINOCHEM GROUP CO., LTD.
 DAIKIN INDUSTRIES, Ltd.
 AGC Inc.
 Airgas, Inc.
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Here
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By Geography
 North America (the US, Canada, and Mexico)
 Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe)
 Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific)
 Middle East & Africa (the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & 
Africa)
 South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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