低GWP冷媒市場レポート：タイプ、用途、地域別、2024～2032年

世界の低GWP冷媒市場規模は2023年に81億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに153億米ドルに達し、2024～2032年の間に7.09%の成長率（CAGR）を示すと予測しています。同市場は、業務用空調セグメントでの製品採用の増加、様々な産業における効率的な冷凍機へのニーズの高まり、炭化水素の利用拡大、新たな低GWP冷媒の開拓などにより、着実な成長を遂げています。

低GWP冷媒市場の分析：

市場の成長と規模世界市場は、環境の持続可能性が重視されるようになり、高GWP冷媒の段階的な廃止によって、力強い成長を遂げています。産業界がより環境に優しく、気候変動に優しい冷凍ソリューションへと移行するにつれ、市場は大きく拡大しています。

主要市場の促進要因：主要促進要因としては、気候変動緩和への世界の取り組み、低GWP冷媒の使用を促進する規制イニシアチブ、従来の冷媒が環境に与える影響に対する意識の高まりなどが挙げられます。さらに、さまざまなセグメントでエネルギー効率が高く、環境にやさしい冷却ソリューションが求められていることも、需要を後押ししています。

技術の進歩：GWPの低い次世代冷媒の開発など、技術の進歩が市場を形成しています。現在進行中の調査と技術革新は、環境への影響、エネルギー効率、安全基準のバランスが取れた冷媒の創出に焦点を当てています。先進技術は、低GWP代替品への移行に伴う課題に対処することを目指しています。

産業用途：この製品は、HVAC（暖房、換気、空調）、自動車用空調、冷蔵、工業用冷房など、幅広い業界で使用されています。低GWP冷媒の採用は、持続可能な冷却方法へのシフトを反映し、新規設置だけでなく改修にも広がっています。

主要市場動向：主要動向には、ハイドロフルオロオレフィン（HFO）や炭化水素のような自然冷媒の使用の増加、新しい機器の設計における低GWP代替品の統合、既存システムの改修ソリューションの開発などがあります。さらに、エネルギー効率の高い冷凍技術への注目も高まっています。

地理的動向：地域的には、市場は環境に配慮した冷凍方法への世界のシフトを示しています。環境規制の厳しい先進地域は、低GWP代替品の採用の最前線にあり、新興経済諸国は持続可能な冷却ソリューションの重要性を認識しつつあります。

競合情勢：競合情勢は、既存の化学メーカーと低GWP冷媒生産に注力する新規参入企業の両方によって特徴付けられます。主要参入企業は、革新的でコスト効率の高いソリューションを生み出すために研究開発に投資しています。装置メーカーやエンドユーザーとの提携や協力は、市場でのプレゼンスを拡大するための一般的な戦略です。

課題と機会：課題には、世界の標準化の必要性、低GWP代替品に関連する安全性への懸念への対応、既存システムにおける高GWP冷媒の段階的廃止などがあります。機会は、多様な産業用途に対応し、進化する規制の枠組みに準拠した、新しく効率的で安全な低GWP冷媒の開発にあります。

将来の展望：温室効果ガス排出削減への世界の取り組みが原動力となり、市場の持続的成長が期待されます。規制圧力が強まり、環境意識が高まるにつれて、市場は継続的に拡大する態勢が整っています。今後の展望は、継続的な技術の進歩、業界との協力関係、さまざまなセグメントにおける環境にやさしい冷凍ソリューションの統合の成功にかかっています。

地球温暖化係数（GWP）の低い冷媒は、環境への影響を大幅に低減した冷却剤として採用されている物質です。これらの冷媒には、炭化水素、フルオロカーボン、二酸化炭素、アンモニアなど、さまざまな選択肢があります。これらの冷媒は、食品加工工場、醸造所、低温貯蔵施設などの工業規模の冷凍システムに広く応用されています。さらに、住宅や商業ビルの冷暖房ニーズにも対応しています。従来の高GWP冷媒とは対照的に、低GWP冷媒は気候変動やオゾン層破壊への寄与が少ないです。さらに、これらの低GWP代替冷媒は、安全性の向上、エネルギー効率の改善、低毒性、引火性の低減を実現すると同時に、排出削減努力にも貢献します。その結果、低GWP冷媒は、商業用から工業用、家庭用冷凍に至るまで、幅広いセグメントで不可欠なコンポーネントとして位置づけられています。

世界市場は、気候変動に対する懸念の高まりと、高GWP冷媒との直接的な関連性によって大きく牽引されています。これを受けて、産業界は規制要件を満たし、二酸化炭素排出量を削減するために、低GWP冷媒への移行を進めています。これらの冷媒は、温室効果ガスの排出を削減する具体的なソリューションを提供し、政府、組織、消費者が設定した持続可能性の目標に合致します。さらに、低GWP冷媒のエネルギー効率は、採用の大きな要因となっています。これらの冷媒は多くの場合、より優れた熱伝達特性を示し、冷暖房システムの全体的な効率を高めます。これは運転コストを削減し、世界の省エネルギーの推進に合致します。さらに、低GWP冷媒の安全面も重要な推進力となっています。低GWP冷媒のいくつかは毒性と燃焼性が低く、技術者とエンドユーザーにとってより安全な運転とリスクの低減を保証します。産業界が操業の安全性を優先させる中、低GWP冷媒の魅力は高まり続けています。冷媒開発における急速な技術革新と研究開発により、より効率的で効果的な低GWP冷媒が生み出されています。この継続的な研究開発は、利用可能な選択肢のポートフォリオの拡大に貢献し、さまざまな業界のさまざまな用途に対応しています。

低GWP冷媒市場の動向：

新しい環境に優しい低GWP冷媒の採用

環境に優しい低GWP冷媒の採用が市場を刺激しています。世界が環境問題に取り組む中、産業界は高GWP冷媒の代替品を積極的に模索しています。革新的な低GWP冷媒の開発と上市は、温室効果ガスの排出を削減し、持続可能性の目標に沿うための説得力のあるソリューションを記載しています。これらの新しい冷媒は、厳しい規制要件を遵守しており、環境に配慮した製品を求める消費者の嗜好と共鳴しています。商業、工業、住宅の各業界は、企業の社会的責任への取り組みを強化し、二酸化炭素排出量を削減するために、これらの環境に優しい選択肢を採用することを熱望しています。これらの冷媒の採用は技術の進歩を促進し、より効率的で効果的なソリューションを生み出すためのさらなる研究開発を促します。政府や組織が排出削減を優先する中、新しい環境に優しい低GWP冷媒の利用可能性は、購買決定を形成し、市場成長を加速させ、気候変動と闘う広範なコミットメントを強化します。

住宅セグメントでの製品用途の拡大

住宅セグメントでの低GWP冷媒の用途拡大が市場を強化しています。住宅所有者や建築業者の環境意識が高まるにつれ、環境への影響を最小限に抑えた持続可能な冷暖房ソリューションへの需要が高まっています。低GWP冷媒は、高GWPの選択肢に代わる実行可能な選択肢を提供し、住宅部門の持続可能性の目標に合致します。住宅所有者は現在、快適性を提供し、二酸化炭素排出量を削減する、エネルギー効率が高く、環境に優しい冷房システムを求めています。低GWP冷媒の採用は、気候変動への懸念に対処し、より環境に優しい生活環境に貢献します。さらに、温室効果ガスの排出を削減するための政府の取り組みや規制は、住宅セグメントでの低GWP冷媒の採用を後押ししています。環境に優しい冷房ソリューションに対するリベート、インセンティブ、義務付けが、これらの代替品への移行を後押ししています。健康と安全に対する意識の高まりも一役買っています。低GWP冷媒は多くの場合、毒性と燃焼性が低く、住宅の安全基準を強化しています。低GWP冷媒が住宅セグメントで普及するにつれ、環境意識、規制支援、持続可能で効率的な家庭用冷房ソリューションへの要望が市場成長の原動力となっています。

冷凍食品の需要増加

冷凍食品に対する需要の高まりが市場成長の原動力となっています。消費者のライフスタイルがより速いペースで変化するにつれ、冷凍食品の利便性と入手可能性が大きな人気を集めています。低GWP冷媒は、環境への影響を最小限に抑えながら、こうした冷凍食品の鮮度と安全性を維持する上で重要な役割を果たしています。低GWP冷媒は、冷凍食品の低温貯蔵施設、流通センター、小売用冷凍庫で使用される効率的で持続可能な冷却システムの構築を可能にします。冷凍食品の需要が伸び続ける中、製品の品質を保持し食品安全基準を遵守するために、信頼性が高く環境に優しい冷凍ソリューションが並行して必要とされています。さらに、食品業界では持続可能性が重視されているため、メーカー、小売業者、消費者は二酸化炭素排出量を削減する製品やプロセスを選ぶようになっています。これらの冷媒の使用は、こうした持続可能性への取り組みと一致し、冷凍食品サプライチェーン全体の環境責任に貢献します。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査目的
• 利害関係者
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要産業動向

第5章 世界の低GWP冷媒市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：タイプ別

• 無機
• 炭化水素
• フルオロカーボンとフルオロオレフィン（HFCsとHFOs）

第7章 市場内訳：用途別

• 業務用冷凍
• 産業用冷蔵庫
• 家庭用冷凍機
• その他

第8章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場動向
  • 市場内訳：国別
  • 市場予測

第9章 促進要因、抑制要因、機会

• 市場概要
• 促進要因
• 抑制要因
• 機会

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第12章 価格分析

第13章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • 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

List of Figures

• Figure 1: Global: Low GWP Refrigerant Market: Major Drivers and Challenges
• Figure 2: Global: Low GWP Refrigerant Market: Sales Value (in Billion US$), 2018-2023
• Figure 3: Global: Low GWP Refrigerant Market Forecast: Sales Value (in Billion US$), 2024-2032
• Figure 4: Global: Low GWP Refrigerant Market: Breakup by Type (in %), 2023
• Figure 5: Global: Low GWP Refrigerant Market: Breakup by Application (in %), 2023
• Figure 6: Global: Low GWP Refrigerant Market: Breakup by Region (in %), 2023
• Figure 7: Global: Low GWP Refrigerant (Inorganics) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 8: Global: Low GWP Refrigerant (Inorganics) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 9: Global: Low GWP Refrigerant (Hydrocarbons) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 10: Global: Low GWP Refrigerant (Hydrocarbons) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 11: Global: Low GWP Refrigerant (Fluorocarbons and Fluoro-olefins (HFCs and HFOs)) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 12: Global: Low GWP Refrigerant (Fluorocarbons and Fluoro-olefins (HFCs and HFOs)) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 13: Global: Low GWP Refrigerant (Commercial Refrigeration) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 14: Global: Low GWP Refrigerant (Commercial Refrigeration) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 15: Global: Low GWP Refrigerant (Industrial Refrigeration) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 16: Global: Low GWP Refrigerant (Industrial Refrigeration) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 17: Global: Low GWP Refrigerant (Domestic Refrigeration) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 18: Global: Low GWP Refrigerant (Domestic Refrigeration) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 19: Global: Low GWP Refrigerant (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
• Figure 20: Global: Low GWP Refrigerant (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 21: North America: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 22: North America: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 23: United States: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 24: United States: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 25: Canada: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 26: Canada: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 27: Asia-Pacific: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 28: Asia-Pacific: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 29: China: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 30: China: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 31: Japan: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 32: Japan: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 33: India: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 34: India: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 35: South Korea: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 36: South Korea: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 37: Australia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 38: Australia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 39: Indonesia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 40: Indonesia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 41: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 42: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 43: Europe: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 44: Europe: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 45: Germany: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 46: Germany: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 47: France: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 48: France: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 49: United Kingdom: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 50: United Kingdom: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 51: Italy: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 52: Italy: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 53: Spain: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 54: Spain: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 55: Russia: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 56: Russia: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 57: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 58: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 59: Latin America: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 60: Latin America: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 61: Brazil: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 62: Brazil: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 63: Mexico: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 64: Mexico: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 65: Others: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 66: Others: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 67: Middle East and Africa: Low GWP Refrigerant Market: Sales Value (in Million US$), 2018 & 2023
• Figure 68: Middle East and Africa: Low GWP Refrigerant Market: Breakup by Country (in %), 2023
• Figure 69: Middle East and Africa: Low GWP Refrigerant Market Forecast: Sales Value (in Million US$), 2024-2032
• Figure 70: Global: Low GWP Refrigerant Industry: Drivers, Restraints, and Opportunities
• Figure 71: Global: Low GWP Refrigerant Industry: Value Chain Analysis
• Figure 72: Global: Low GWP Refrigerant Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Low GWP Refrigerant Market: Key Industry Highlights, 2023 & 2032
• Table 2: Global: Low GWP Refrigerant Market Forecast: Breakup by Type (in Million US$), 2024-2032
• Table 3: Global: Low GWP Refrigerant Market Forecast: Breakup by Application (in Million US$), 2024-2032
• Table 4: Global: Low GWP Refrigerant Market Forecast: Breakup by Region (in Million US$), 2024-2032
• Table 5: Global: Low GWP Refrigerant Market: Competitive Structure
• Table 6: Global: Low GWP Refrigerant Market: Key Players

The global low GWP refrigerant market size reached US$ 8.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.3 Billion by 2032, exhibiting a growth rate (CAGR) of 7.09% during 2024-2032. The market is experiencing steady growth driven by the increasing product adoption in the commercial sector for air conditioning, the rising need for efficient refrigeration in various industries, the growing uptake of hydrocarbons, and the development of new low-GWP refrigerants.

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 market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market 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

Recent Developments:

In July 2022, A-Gas International Ltd acquired Certified Refrigerant Services, Inc. (CRS) in Punta Gorda, Florida.

In July 2023, Arkema partnered with Polymem and Tergys to develop innovative autonomous filtration systems to supply drinking water.

In August 2023, Daikin Industries Ltd decided to establish a new production base for air conditioners.

Key Questions Answered in This Report

• 1. How big is the global low GWP refrigerant market?
• 2. What is the expected growth rate of the global low GWP refrigerant market during 2024-2032?
• 3. What are the key factors driving the global low GWP refrigerant market?
• 4. What has been the impact of COVID-19 on the global low GWP refrigerant market?
• 5. What is the breakup of the global low GWP refrigerant market based on the type?
• 6. What is the breakup of the global low GWP refrigerant market based on the 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?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Low GWP Refrigerant Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Inorganics
  • 6.1.1 Market Trends
  • 6.1.2 Market Forecast
• 6.2 Hydrocarbons
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Fluorocarbons and Fluoro-olefins (HFCs and HFOs)
  • 6.3.1 Market Trends
  • 6.3.2 Market Forecast

7 Market Breakup by Application

• 7.1 Commercial Refrigeration
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 Industrial Refrigeration
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
• 7.3 Domestic Refrigeration
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
• 7.4 Others
  • 7.4.1 Market Trends
  • 7.4.2 Market Forecast

8 Market Breakup by Region

• 8.1 North America
  • 8.1.1 United States
    • 8.1.1.1 Market Trends
    • 8.1.1.2 Market Forecast
  • 8.1.2 Canada
    • 8.1.2.1 Market Trends
    • 8.1.2.2 Market Forecast
• 8.2 Asia-Pacific
  • 8.2.1 China
    • 8.2.1.1 Market Trends
    • 8.2.1.2 Market Forecast
  • 8.2.2 Japan
    • 8.2.2.1 Market Trends
    • 8.2.2.2 Market Forecast
  • 8.2.3 India
    • 8.2.3.1 Market Trends
    • 8.2.3.2 Market Forecast
  • 8.2.4 South Korea
    • 8.2.4.1 Market Trends
    • 8.2.4.2 Market Forecast
  • 8.2.5 Australia
    • 8.2.5.1 Market Trends
    • 8.2.5.2 Market Forecast
  • 8.2.6 Indonesia
    • 8.2.6.1 Market Trends
    • 8.2.6.2 Market Forecast
  • 8.2.7 Others
    • 8.2.7.1 Market Trends
    • 8.2.7.2 Market Forecast
• 8.3 Europe
  • 8.3.1 Germany
    • 8.3.1.1 Market Trends
    • 8.3.1.2 Market Forecast
  • 8.3.2 France
    • 8.3.2.1 Market Trends
    • 8.3.2.2 Market Forecast
  • 8.3.3 United Kingdom
    • 8.3.3.1 Market Trends
    • 8.3.3.2 Market Forecast
  • 8.3.4 Italy
    • 8.3.4.1 Market Trends
    • 8.3.4.2 Market Forecast
  • 8.3.5 Spain
    • 8.3.5.1 Market Trends
    • 8.3.5.2 Market Forecast
  • 8.3.6 Russia
    • 8.3.6.1 Market Trends
    • 8.3.6.2 Market Forecast
  • 8.3.7 Others
    • 8.3.7.1 Market Trends
    • 8.3.7.2 Market Forecast
• 8.4 Latin America
  • 8.4.1 Brazil
    • 8.4.1.1 Market Trends
    • 8.4.1.2 Market Forecast
  • 8.4.2 Mexico
    • 8.4.2.1 Market Trends
    • 8.4.2.2 Market Forecast
  • 8.4.3 Others
    • 8.4.3.1 Market Trends
    • 8.4.3.2 Market Forecast
• 8.5 Middle East and Africa
  • 8.5.1 Market Trends
  • 8.5.2 Market Breakup by Country
  • 8.5.3 Market Forecast

9 Drivers, Restraints, and Opportunities

• 9.1 Overview
• 9.2 Drivers
• 9.3 Restraints
• 9.4 Opportunities

10 Value Chain Analysis

11 Porters Five Forces Analysis

• 11.1 Overview
• 11.2 Bargaining Power of Buyers
• 11.3 Bargaining Power of Suppliers
• 11.4 Degree of Competition
• 11.5 Threat of New Entrants
• 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

• 13.1 Market Structure
• 13.2 Key Players
• 13.3 Profiles of Key Players
  • 13.3.1 A-Gas International Ltd.
    • 13.3.1.1 Company Overview
    • 13.3.1.2 Product Portfolio
  • 13.3.2 Arkema
    • 13.3.2.1 Company Overview
    • 13.3.2.2 Product Portfolio
    • 13.3.2.3 Financials
    • 13.3.2.4 SWOT Analysis
  • 13.3.3 Daikin Industries Ltd.
    • 13.3.3.1 Company Overview
    • 13.3.3.2 Product Portfolio
    • 13.3.3.3 Financials
    • 13.3.3.4 SWOT Analysis
  • 13.3.4 Danfoss A/S
    • 13.3.4.1 Company Overview
    • 13.3.4.2 Product Portfolio
    • 13.3.4.3 SWOT Analysis
  • 13.3.5 GTS SPA
    • 13.3.5.1 Company Overview
    • 13.3.5.2 Product Portfolio
  • 13.3.6 Harp International Ltd
    • 13.3.6.1 Company Overview
    • 13.3.6.2 Product Portfolio
  • 13.3.7 Honeywell International Inc.
    • 13.3.7.1 Company Overview
    • 13.3.7.2 Product Portfolio
    • 13.3.7.3 Financials
    • 13.3.7.4 SWOT Analysis
  • 13.3.8 Linde plc
    • 13.3.8.1 Company Overview
    • 13.3.8.2 Product Portfolio
  • 13.3.9 Messer Group
    • 13.3.9.1 Company Overview
    • 13.3.9.2 Product Portfolio
  • 13.3.10 Tazzetti S.p.A
    • 13.3.10.1 Company Overview
    • 13.3.10.2 Product Portfolio
  • 13.3.11 The Chemours Company
    • 13.3.11.1 Company Overview
    • 13.3.11.2 Product Portfolio
    • 13.3.11.3 Financials
    • 13.3.11.4 SWOT Analysis

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.