North America Refrigerant Market Growth Analysis till 2031
North America Refrigerant Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Ammonia, Carbon Dioxide, Propane, Isobutane, HFCs, HFO, and Others), Application (Refrigeration Systems, Chillers, Air Conditioning Systems, MACs, and Others), End Use (Industrial, Commercial, Residential, and Others), and Country
- Status : Published
- Report Code : TIPRE00041000
- Category : Chemicals and Materials
- No. of Pages : 159
- Available Report Formats :
The North America refrigerant market size is projected to grow from US$ 7.05 billion in 2024 to US$ 11.14 billion by 2031; the market is expected to register a CAGR of 6.8% during 2025–2031.
North America Refrigerant Market Analysis
Expansions in the commercial and residential construction industries fuel the demand for HVAC systems, subsequently driving refrigerant use. The growth of cold chain logistics, especially in food processing, pharmaceutical, and e-commerce, also adds to the increasing demand. The development of new refrigeration technologies and the replacement of older systems with new and energy-efficient devices contribute to the development of the market. Regulatory shifts, such as the phase-out of high-global-warming-potential (GWP) refrigerants, prompt demand for newer, environmentally friendly alternatives. Such dynamics, together with increased temperatures and increased focus on indoor climate control, drive the North America refrigerant market growth.North America Refrigerant Market Overview
Refrigerants are chemical compounds applied in cooling systems to absorb and transfer heat and enable temperature regulation. They play a vital role in air conditioning, refrigeration, heat pumps, and cold chain logistics in residential, commercial, and industrial settings. The main applications are food preservation, indoor climate control, and temperature-sensitive storage in pharmaceutical and data centers. High urbanization rates, increased global temperatures, and infrastructure growth in emerging markets push the demand for refrigerants. The shift toward low-GWP, eco-friendly alternatives is growing at a rapid pace due to technological progress and regulatory requirements. Also, energy efficiency, cost-cutting requirements, and environmental efficiency drive industries to use modern refrigerants.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
North America Refrigerant Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
North America Refrigerant Market Drivers and Opportunities
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
North America Refrigerant Market: Strategic Insights
Shejal
Have a question?
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Market Drivers:
Rising demand for energy-efficient cooling systems:
Growing demand for eco-friendly HVAC and refrigeration units contributes to the market growth.Stringent environmental regulations:
Favorable government policies promoting a shift toward low-GWP refrigerants drive the demand.Expansion in the automotive and commercial sectors:
The proliferation of automotive AC systems and cold chain logistics drives growth in the North America refrigerant market.Technological Advances:
Development of next-gen refrigerants with lower global warming potential drives the market expansion.
Market Opportunities:
Rise of smart, energy-efficient cooling systems:
Growing demand for IoT-enabled refrigeration that enhances performance, monitoring, and energy efficiency.Retrofit and replacement of legacy systems:
Replacing and refurbishing the old HVAC and refrigeration systems drives the demand for new refrigerants.Growing Demand from End-Use Industries:
Food and pharmaceutical industries are developing rapidly and demand more sophisticated refrigeration systems, which have led to more utilization of refrigerants.Government incentives for sustainable technologies:
Green cooling systems that are subsidized and granted propel market growth in the region.
North America Refrigerant Market Report Segmentation Analysis
The North America refrigerant market is divided into different segments to give a clearer view of how it works, its growth potential, and the latest trends. Below is the standard segmentation approach used in industry reports:
By Type:
Ammonia:
Ammonia (NH3) is made up of nitrogen and hydrogen. It occurs in a colorless form and has a strong and unpleasant odor.Carbon Dioxide:
Carbon dioxide (CO₂) was among the earliest refrigerants used before the advent of freons, but its adoption declined due to the technological complexities involved.Propane:
Propane is a naturally occurring chemical byproduct of natural gas production and oil refining.Isobutane:
Isobutane has gained popularity due to its remarkable thermodynamic performance and minimal environmental impact.HFCs:
HFCs, i.e., hydrofluorocarbons, are widely utilized as refrigerants in cooling units worldwide.HFO:
HFO refrigerants are made of hydrogen, fluorine, and carbon atoms, but they have at least one double bond between the carbon atoms.Others:
The others segment includes nitrogen, water, isopentane, and other refrigerants.
By Application:
Refrigeration Systems:
The expanding usage of packaged and processed foods and beverages and the growing requirement to protect them from spoiling drive the demand for refrigeration systems.Chillers:
Chillers play a critical role across industrial and commercial sectors, with their applications spanning operational needs.Air Conditioning Systems:
Refrigerants are essential in air conditioning systems as they enable the heat transfer to cool indoor spaces.MACs:
Chlorofluorocarbons (CFCs) are used as refrigerants worldwide in mobile air conditioning (MAC) systems.Others:
These refrigerants are used in pharmaceuticals, electricity production, data centers, and other industries that require large cooling systems.
By End Use:
Industrial:
In the industrial market in North America, refrigerants serve critical functions across sectors, including food and beverage processing, pharmaceuticals, petrochemicals, and large-scale HVAC systems.Commercial:
In the commercial sector, refrigerants are essential for maintaining optimal temperatures in retail refrigeration, supermarkets, office buildings, hotels, and data centers.Residential:
In residential settings, refrigerants are used in air conditioning systems, heat pumps, and household refrigerators to ensure comfortable living environments and efficient food storage.
By Country:
- US
- Canada
- Mexico
The US recorded the largest share in the North America refrigerant market, owing to the growing demand from the foodservice industry.
North America Refrigerant Market Report Scope
High Market Density and Competition
Competition is intense due to the presence of established players such as A-Gas International Limited, Eastman Chemical Co, The Chemours Co, Arkema SA, Linde Plc, Honeywell International Inc, Daikin Industries Ltd, Air Liquide, Orbia, and Quimobasicos SA de CV.
The high level of competition urges companies to stand out by offering:
- Innovative product offering
- Sustainable and ethical sourcing
- Competitive pricing models
- Strong customer support and easy integration
Opportunities and Strategic Moves
- Focusing on research and development activities to distinguish themselves in the market
- Expanding global footprint and capabilities through acquisitions of smaller refrigerant manufacturing companies
- Expanding product portfolio by launching natural refrigerants
Major Companies operating in the North America refrigerant market are:
- A-Gas International Limited
- Eastman Chemical Co
- The Chemours Co
- Arkema SA
- Linde Plc
- Honeywell International Inc
- Daikin Industries Ltd
- Air Liquide
- Orbia
- Quimobasicos SA de CV
Disclaimer: The companies listed above are not ranked in any particular order.
Other companies analyzed during the course of research are:
- United Refrigerants
- iGas USA
- Absolute Refrigerants
- Messer Canada Inc.
- Johnson Controls
- Airex Manufacturing Inc.
- Tecumseh Products Company LLC
- Clauger
- INEOS
- National Refrigerants
North America Refrigerant Market News and Recent Developments
A-Gas International Limited – Expansion
A-Gas International Limited expanded its refrigerant separation capacity across its US facilities. This expansion supports the demand for reclaimed refrigerants and strengthens the company's position in the sustainable refrigerant management market.Arkema SA – Expansion
Arkema SA announced an expansion of its low-GWP refrigerant offerings through a commercial partnership with Honeywell. This collaboration aims to enhance global supply chains and meet the demand for HFO blends in the HVACR industry, aligning with the HFC phasedown.
North America Refrigerant Market Report Coverage and Deliverables
The "North America Refrigerant Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering the following areas:
- North America refrigerant market size and forecast at the regional and country levels for all the key market segments covered under the scope
- North America refrigerant market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's five forces and SWOT analysis
- North America refrigerant market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America refrigerant market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Increasing focus on refrigerant recycling and recovery is likely to bring new trends in the market in the future.
A-Gas International Limited, Eastman Chemical Co, The Chemours Co, Arkema SA, Linde Plc, Honeywell International Inc, Daikin Industries Ltd, Air Liquide, Orbia, and Quimobasicos SA de CV are among the key players operating in the market.
The market size is projected to reach US$ 11.14 billion by 2031.
Rising demand for energy-efficient cooling systems and stringent environmental regulations drive market growth.
The US dominated the market with the largest share in 2024.
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Analyst Market Outlook
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
3.3 Assumptions and Limitations
4. North America Refrigerant Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Threat of New Entrants:
4.2.2 Threat of Substitutes:
4.2.3 Bargaining Power of Buyers:
4.2.4 Bargaining Power of Suppliers:
4.2.5 Competitive Rivalry:
4.3 Impact of US Trade Tariff on North America Refrigerant Market
4.3.1 Trade between the US and China:
4.3.2 Impact on US Import-Export Trends:
4.3.2.1 Import Trends –
4.3.2.2 Export Trends –
4.3.3 Impact on the US Consumers:
4.3.4 Impact on the Stock Market:
4.3.5 Impact on Other Countries:
4.3.6 Impact on North America Refrigerant Market:
4.3.6.1 Impact on US Manufacturers –
4.3.6.2 Impact on International Manufacturers –
4.3.6.3 Conclusion
4.4 Ecosystem Analysis
4.4.1 Raw Materials:
4.4.2 Manufacturers:
4.4.3 Distributors
4.4.4 End Users
4.4.5 List of Vendors in the Value Chain
4.5 Average Selling Price by Refrigerant Type (US$/KG), 2024
4.6 Import-Export Analysis
4.6.1 Import Export Analysis – HS Code: 382474 Mixtures containing hydrochlorofluorocarbons "HCFCs", whether or not containing perfluorocarbons
4.6.1.1 US Import Value (US$ Thousand)
4.6.1.2 US Import Volume (Tons)
4.6.1.3 US Export Value (US$ Thousand)
4.6.1.4 US Export Volume (Tons)
4.6.2 Import Export Analysis – HS Code: 382478 Mixtures containing perfluorocarbons "PFCs" or hydrofluorocarbons "HFCs"
4.6.2.1 US Import Value (US$ Thousand)
4.6.2.2 US Import Volume (Tons)
4.6.2.3 US Export Value (US$ Thousand)
4.6.2.4 US Export Volume (Tons)
4.6.2.5 Canada Import Value (US$ Thousand)
4.6.2.6 Canada Import Volume (Kilograms)
4.6.2.7 Mexico Import Value (US$ Thousand)
4.6.2.8 Mexico Import Volume (Tons)
4.6.2.9 Mexico Export Value (US$ Thousand)
4.6.2.10 Mexico Export Volume (Tons)
5. North America Refrigerant Market – Key Market Dynamics
5.1 North America Refrigerant Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Favorable Government Policies and Initiatives
5.2.2 Rising Demand for Energy Efficiency and Technology Innovation
5.2.3 Expanding Automotive Industry
5.3 Market Restraints
5.3.1 High Costs and Supply Chain Challenges
5.3.2 Safety and Handling Concerns
5.3.3 Technical Barriers to Retrofit and Replacement
5.4 Market Opportunities
5.4.1 Expansion of Low-GWP and Natural Refrigerants
5.4.2 Growth in Electric and Hybrid Vehicle Thermal Management
5.4.3 Integration with Smart and Energy-Efficient HVAC Systems
5.5 Future Trends
5.5.1 Increased Focus on Refrigerant Recycling and Recovery
5.5.2 Rising Demand in Data Centers and High-Tech Cooling
5.5.3 Development of Hybrid Refrigerant Blends
5.6 Impact of Drivers and Restraints:
6. North America Refrigerant Market Analysis
6.1 North America Refrigerant Market Volume (Kilo Tons), 2021–2031
6.2 North America Refrigerant Market Volume Forecast and Analysis (Kilo Tons)
6.3 North America Refrigerant Market Revenue and Forecast (US$ Million), 2021–2031
6.4 North America Refrigerant Market Forecast and Analysis (US$ Million)
7. North America Refrigerant Market Volume and Revenue Analysis – by Type
7.1 Ammonia
7.1.1 Overview
7.1.2 Ammonia: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.1.3 Ammonia: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.2 Carbon Dioxide
7.2.1 Overview
7.2.2 Carbon Dioxide: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.2.3 Carbon Dioxide: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.3 Propane
7.3.1 Overview
7.3.2 Propane: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.3.3 Propane: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.4 Isobutane
7.4.1 Overview
7.4.2 Isobutane: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.4.3 Isobutane: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.5 HFCs
7.5.1 Overview
7.5.2 HFCs: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.5.3 HFCs: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.6 HFO
7.6.1 Overview
7.6.2 HFO: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.6.3 HFO: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
7.7.3 Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
8. North America Refrigerant Market Volume and Revenue Analysis – by Application
8.1 Refrigeration Systems
8.1.1 Overview
8.1.2 Refrigeration Systems: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.1.3 Refrigeration Systems: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.2 Chillers
8.2.1 Overview
8.2.2 Chillers: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.2.3 Chillers: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.3 Air Conditioning Systems
8.3.1 Overview
8.3.2 Air Conditioning Systems: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.3.3 Air Conditioning Systems: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.4 MACs
8.4.1 Overview
8.4.2 MACs: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.4.3 MACs: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
8.5.3 Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
9. North America Refrigerant Market Volume and Revenue Analysis – by End Use
9.1 Industrial
9.1.1 Overview
9.1.2 Industrial: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
9.1.3 Industrial: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.2 Commercial
9.2.1 Overview
9.2.2 Commercial: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
9.2.3 Commercial: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
9.3.3 Residential: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
9.4 Others
9.4.1 Overview
9.4.2 Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
9.4.3 Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
10. North America Refrigerant Market – Country Analysis
10.1 North America
10.1.1 North America Refrigerant Market Breakdown, by Countries
10.1.2 North America Refrigerant Market – Revenue and Forecast Analysis – by Country
10.1.2.1 North America Refrigerant Market – Volume and Forecast Analysis – by Country
10.1.2.2 North America Refrigerant Market – Revenue and Forecast Analysis – by Country
10.1.2.3 United States: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
10.1.2.3.1 United States: Refrigerant Market Breakdown, by Type
10.1.2.3.2 United States: Refrigerant Market Breakdown, by Application
10.1.2.3.3 United States: Refrigerant Market Breakdown, by End Use
10.1.2.4 Canada: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
10.1.2.4.1 Canada: Refrigerant Market Breakdown, by Type
10.1.2.4.2 Canada: Refrigerant Market Breakdown, by Application
10.1.2.4.3 Canada: Refrigerant Market Breakdown, by End Use
10.1.2.5 Mexico: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
10.1.2.5.1 Mexico: Refrigerant Market Breakdown, by Type
10.1.2.5.2 Mexico: Refrigerant Market Breakdown, by Application
10.1.2.5.3 Mexico: Refrigerant Market Breakdown, by End Use
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Market Share Analysis, 2024
12. Industry Landscape
12.1 Overview
12.2 Collaborations
12.3 Expansions
12.4 New Launch
12.5 Mergers and Acquisitions
12.6 Company News
13. Company Profiles
13.1 A-Gas International Limited
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Eastman Chemical Co
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 The Chemours Co
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Arkema SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Linde Plc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Honeywell International Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Daikin Industries Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Air Liquide
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Orbia
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Quimobasicos SA de CV
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
List of Tables
Table 1. North America Refrigerant Market Segmentation
Table 2. List of Vendors
Table 3. Average Selling Price by Refrigerant Type (US$/KG), 2024
Table 4. US Import Value (US$ Thousand)
Table 5. US Import Volume (Tons)
Table 6. US Export Value (US$ Thousand)
Table 7. US Export Volume (Tons)
Table 8. US Import Value (US$ Thousand)
Table 9. US Import Volume (Tons)
Table 10. US Export Value (US$ Thousand)
Table 11. US Export Volume (Tons)
Table 12. Canada Import Value (US$ Thousand)
Table 13. Canada Import Volume (Kilograms)
Table 14. Mexico Import Value (US$ Thousand)
Table 15. Mexico Import Volume (Tons)
Table 16. Mexico Export Value (US$ Thousand)
Table 17. Mexico Export Volume (Tons)
Table 18. North America Refrigerant Market – Volume, 2021–2024 (Kilo Tons)
Table 19. North America Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons)
Table 20. North America Refrigerant Market – Revenue, 2021–2024 (US$ Million)
Table 21. North America Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million)
Table 22. North America Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Type
Table 23. North America Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Type
Table 24. North America Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 25. North America Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 26. North America Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Application
Table 27. North America Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Application
Table 28. North America Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 29. North America Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 30. North America Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by End Use
Table 31. North America Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by End Use
Table 32. North America Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by End Use
Table 33. North America Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by End Use
Table 34. North America Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Country
Table 35. North America Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) –by Country
Table 36. North America Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Country
Table 37. North America Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Country
Table 38. United States: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Type
Table 39. United States: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Type
Table 40. United States: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 41. United States: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 42. United States: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Application
Table 43. United States: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Application
Table 44. United States: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 45. United States: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 46. United States: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by End Use
Table 47. United States: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by End Use
Table 48. United States: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by End Use
Table 49. United States: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by End Use
Table 50. Canada: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Type
Table 51. Canada: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Type
Table 52. Canada: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 53. Canada: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 54. Canada: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Application
Table 55. Canada: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Application
Table 56. Canada: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 57. Canada: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 58. Canada: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by End Use
Table 59. Canada: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by End Use
Table 60. Canada: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by End Use
Table 61. Canada: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by End Use
Table 62. Mexico: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Type
Table 63. Mexico: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Type
Table 64. Mexico: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Type
Table 65. Mexico: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Type
Table 66. Mexico: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by Application
Table 67. Mexico: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by Application
Table 68. Mexico: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by Application
Table 69. Mexico: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by Application
Table 70. Mexico: Refrigerant Market – Volume, 2021–2024 (Kilo Tons) – by End Use
Table 71. Mexico: Refrigerant Market – Volume Forecast, 2025–2031 (Kilo Tons) – by End Use
Table 72. Mexico: Refrigerant Market – Revenue, 2021–2024 (US$ Million) – by End Use
Table 73. Mexico: Refrigerant Market – Revenue Forecast, 2025–2031 (US$ Million) – by End Use
Table 74. Heat Map Analysis by Key Players
List of Figures
Figure 1. North America Refrigerant Market Segmentation
Figure 2. Porter’s Five Forces Analysis
Figure 3. How the tariff pause affects different countries
Figure 5. Top 5 imports/exports (2024)
Figure 6. Impact Analysis of Drivers and Restraints
Figure 7. North America Refrigerant Market Volume (Kilo Tons), 2021–2031
Figure 8. North America Refrigerant Market Revenue and Forecast (US$ Million), 2021–2031
Figure 9. North America Refrigerant Market Share (%) – by Type, 2024 and 2031
Figure 10. Ammonia: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 11. Ammonia: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 12. Carbon Dioxide: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 13. Carbon Dioxide: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 14. Propane: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 15. Propane: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 16. Isobutane: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 17. Isobutane: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 18. HFCs: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 19. HFCs: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 20. HFO: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 21. HFO: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 22. Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 23. Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 24. North America Refrigerant Market Share (%) – by Application, 2024 and 2031
Figure 25. Refrigeration Systems: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 26. Refrigeration Systems: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 27. Chillers: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 28. Chillers: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 29. Air Conditioning Systems: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 30. Air Conditioning Systems: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 31. MACs: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 32. MACs: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 33. Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 34. Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 35. North America Refrigerant Market Share (%) – by End Use, 2024 and 2031
Figure 36. Industrial: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 37. Industrial: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 38. Commercial: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 39. Commercial: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 40. Residential: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 41. Residential: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 42. Others: North America Refrigerant Market – Volume and Forecast, 2021–2031 (Kilo Tons)
Figure 43. Others: North America Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 44. North America Refrigerant Market Breakdown, by Key Countries, 2024 and 2031 (%)
Figure 45. United States: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 46. Canada: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 47. Mexico: Refrigerant Market – Revenue and Forecast, 2021–2031 (US$ Million)
Figure 48. Company Market Share Analysis, 2024
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely - analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You'll receive access to the report within 4-6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we'll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we're happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you're considering, and we'll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report's scope, methodology, customization options, or which license suits you best, we're here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we'll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we'll ensure the issue is resolved quickly so you can access your report without interruption.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For