Global Natural Refrigerant Market Report By Product (Ammonia, Carbon Dioxide, Hydrocarbon And Others), By Application (Industrial, Commercial, Domestic, Stationary Air Conditioning And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026
ID:VMR11210251
January 2020
Report Formats:

The market is gaining immense growth on account of stringent regulation imposed by EPA and other regulatory authorities on carbon emission leading to ozone depletion. Natural refrigerant provides minimum leakage, high-energy efficiency at a cheaper cost is driving the market growth. Owing to eco-friendly substitute over environmentally hazardous refrigerants such as HCFC and HFC is further fueling the market growth. Also, the rise in disposable income, ongoing urbanization and soaring demand for HVAC and consumer electronics are some of the prominent factors contributing the market growth.

The latest report by Value Market Research expects the Global Natural Refrigerant Market to reach USD 2300 million by 2025. It was valued USD 1110.0 million in 2018. The report foresees an 11% CAGR from 2019 to 2025.
 
Ammonia led the product segment
In 2018, ammonia dominated the segment by accounting the major market share. Rising demand of ammonia owing to energy efficient, eco-friendly, cost-effective, refrigerant that offers better heat transfer is driving the segment growth. Apart from these, ammonia posse’s excellent thermodynamic properties and low global warming potential have again upsurge the segment demand.
                                       
Commercial sector dominated the application segment
By application, commercial sector emerged as the leading segment in 2018. Rising usage of the natural refrigerant at supermarkets, hypermarkets, and other retail stores are driving the market growth.
 
Europe dominated the regional market
On the basis of region, Europe has concurred major market share in 2018. New mandates imposed on EU government on the usage of natural refrigerant as a substitute for HCFC and HFC to reduce carbon footprints are fueling the regional market growth.
 
Major players of the market
A-Gas International, A.S. Trust and Holdings, Airgas Inc., Engas Australasia, GTS S.P.A, Harp International Ltd., Hychill Australia Pvt. Ltd., Puyang Zhongwei Fine Chemical Co. Ltd., Shandong Yueon Chemical Industry Ltd., Sinochem Group, Tazzetti S.P.A., and The Linde Group are the players ruling the natural refrigerant market.

As per this study the Global Natural Refrigerant Market was valued USD X,XXX.X MN (by revenue) in 2019 and is anticipated to reach USD X,XXX MN by 2026 with a CAGR of XX%.
 
Natural refrigerant refers to naturally occurring substance used as refrigerant in refrigerator and HVAC system. These refrigerants show much lower impact on ozone depletion and global warming. Natural refrigerants are eco-friendly alternatives to hazardous synthetic refrigerant such as hydrofluorocarbon (HFC), hydrochlorofluorocarbon (HCFC) and chloroflurocarbon (CFC).
 
Market Dynamics
 
Increased focus regarding harmful effect of refrigerants has driven the demand for natural refrigerants. Natural refrigerant offers low leakage rate, high-energy efficiency at relative low cost is boosting the market growth. Favorable initiatives taken by various governments for reducing ozone depletion is again fueling the natural refrigerant market growth. Also, growing demand for air conditioners, refrigerator and other HVAC system is again contributing the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of natural refrigerant.
 
Market Segmentation
 
The broad natural refrigerant market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Product

  • Ammonia
  • Carbon Dioxide
  • Hydrocarbon
  • Others
 
By Application
  • Industrial
  • Commercial
  • Domestic
  • Stationary Air Conditioning 
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for natural refrigerant in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Natural Refrigerant Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the natural refrigerant market include A-Gas International, A.S. Trust and Holdings, Airgas Inc., Engas Australasia, GTS S.P.A, Harp International Ltd., Hychill Australia Pvt. Ltd., Puyang Zhongwei Fine Chemical Co. Ltd., Shandong Yueon Chemical Industry Ltd., Sinochem Group, Tazzetti S.P.A. and The Linde Group. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Natural Refrigerant Market
       2.2. Global Natural Refrigerant Market Snapshot
 
3 . NATURAL REFRIGERANT – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Natural Refrigerant Market
       3.3. Market Restraints of Natural Refrigerant Market
       3.4. Opportunities of Natural Refrigerant Market
       3.5. Trends of Natural Refrigerant Market
       3.6. Porter’s Five Force Analysis of Natural Refrigerant Market
       3.7. Natural Refrigerant Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Product
           3.7.2 Market Attractive Analysis by Application
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Natural Refrigerant Value Chain Analysis
       4.2. Natural Refrigerant Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Natural Refrigerant Raw Material Manufactures List
           4.2.3. Price Trend of Natural Refrigerant Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL NATURAL REFRIGERANT MARKET ANALYSIS BY PRODUCT
       5.1 Overview by Product
       5.2 Global Natural Refrigerant Market Analysis by Product
       5.3 Market Analysis of Ammonia by Regions
       5.4 Market Analysis of Carbon Dioxide by Regions
       5.5 Market Analysis of Hydrocarbon by Regions
       5.6 Market Analysis of Others by Regions
 
6 . GLOBAL NATURAL REFRIGERANT MARKET ANALYSIS BY APPLICATION
       6.1 Overview by Application
       6.2 Global Natural Refrigerant Market Analysis by Application
       6.3 Market Analysis of Industrial by Regions
       6.4 Market Analysis of Commercial by Regions
       6.5 Market Analysis of Domestic by Regions
       6.6 Market Analysis of Stationary Air Conditioning  by Regions
       6.7 Market Analysis of Others by Regions
 
7 . GLOBAL NATURAL REFRIGERANT MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Natural Refrigerant Market Estimate by Market Segment
           7.3.3. North America Natural Refrigerant Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Natural Refrigerant Market Estimate by Market Segment
           7.4.3. Europe Natural Refrigerant Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Natural Refrigerant Market Estimate by Market Segment
           7.5.3. Asia Pacific Natural Refrigerant Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Natural Refrigerant Market Estimate by Market Segment
           7.6.3. Latin America Natural Refrigerant Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Natural Refrigerant Market Estimate by Market Segment
           7.7.3. Middle East & Africa Natural Refrigerant Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE NATURAL REFRIGERANT COMPANIES
       8.1. Natural Refrigerant Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF NATURAL REFRIGERANT INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. A-Gas International
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. A.S. Trust and Holdings
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Airgas Inc.
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. Engas Australasia
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
       9.7. GTS S.P.A
           9.7.1. Company Overview
           9.7.2. Financials
           9.7.3. Products
           9.7.4. Recent Developments
       9.8. Harp International Ltd.
           9.8.1. Company Overview
           9.8.2. Financials
           9.8.3. Products
           9.8.4. Recent Developments
       9.9. Hychill Australia Pvt. Ltd.
           9.9.1. Company Overview
           9.9.2. Financials
           9.9.3. Products
           9.9.4. Recent Developments
       9.10. Puyang Zhongwei Fine Chemical Co. Ltd.
           9.10.1. Company Overview
           9.10.2. Financials
           9.10.3. Products
           9.10.4. Recent Developments
       9.11. Shandong Yueon Chemical Industry Ltd.
           9.11.1. Company Overview
           9.11.2. Financials
           9.11.3. Products
           9.11.4. Recent Developments
       9.12. Sinochem Group
           9.12.1. Company Overview
           9.12.2. Financials
           9.12.3. Products
           9.12.4. Recent Developments
       9.13. Tazzetti S.P.A.
           9.13.1. Company Overview
           9.13.2. Financials
           9.13.3. Products
           9.13.4. Recent Developments
       9.14. The Linde Group
           9.14.1. Company Overview
           9.14.2. Financials
           9.14.3. Products
           9.14.4. Recent Developments
 
10.  IMPACT ANALYSIS OF COVID-19 OUTBREAK
       10.1. Impact Analysis of Covid-19 Outbreak on the Market
           10.1.1. Direct Impact on Production
           10.1.2. Supply Chain and Market Disruption
           10.1.3. Financial Impact on Firms and Financial Markets
       10.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       10.3. Pre V/S Post COVID-19 Market
       10.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Market Size in 2020, by Scenario
       10.5. COVID-19: Micro and Macro Factor Analysis on the Market
    
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES

  •  Global Market Snapshot
  •  Drivers of the Global Market Impact Analysis
  •  Restraints of the Global Market Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers 
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19 Market
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic On The Market Size In 2020, By Scenario
  •  COVID-19: Micro and Macro Factor Analysis on the Market
  •  Global Natural Refrigerant Market Analysis by Product (USD MN)
  •  Global Natural Refrigerant Market Analysis in Ammonia by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Carbon Dioxide by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Hydrocarbon by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Others by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis by Application (USD MN)
  •  Global Natural Refrigerant Market Analysis in Industrial by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Commercial by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Domestic by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Stationary Air Conditioning  by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Others by Geography (USD MN)
  •  Global Natural Refrigerant Market by Geography (USD MN)
  •  North America Natural Refrigerant Market Analysis by Product (USD MN)
  •  North America Natural Refrigerant Market Estimate by Application (USD MN)
  •  North America Natural Refrigerant Market Estimate by Country (USD MN)
  •  United State Natural Refrigerant Market Analysis by Product (USD MN)
  •  United State Natural Refrigerant Market Estimate by Application (USD MN)
  •  Rest of North America Natural Refrigerant Market Analysis by Product (USD MN)
  •  Rest of North America Natural Refrigerant Market Estimate by Application (USD MN)
  •  Europe Natural Refrigerant Market Analysis by Product (USD MN)
  •  Europe Natural Refrigerant Market Estimate by Application (USD MN)
  •  United Kingdom Natural Refrigerant Market Analysis by Product (USD MN)
  •  United Kingdom Natural Refrigerant Market Estimate by Application (USD MN)
  •  France Natural Refrigerant Market Analysis by Product (USD MN)
  •  France Natural Refrigerant Market Estimate by Application (USD MN)
  •  Germany Natural Refrigerant Market Analysis by Product (USD MN)
  •  Germany Natural Refrigerant Market Estimate by Application (USD MN)
  •  Rest of Europe Natural Refrigerant Market Analysis by Product (USD MN)
  •  Rest of Europe Natural Refrigerant Market Estimate by Application (USD MN)
  •  Asia Pacific Natural Refrigerant Market Analysis by Product (USD MN)
  •  Asia Pacific Natural Refrigerant Market Estimate by Application (USD MN)
  •  Asia Pacific Natural Refrigerant Market Estimate by Country (USD MN)
  •  China Natural Refrigerant Market Analysis by Product (USD MN)
  •  China Natural Refrigerant Market Estimate by Application (USD MN)
  •  Japan Natural Refrigerant Market Analysis by Product (USD MN)
  •  Japan Natural Refrigerant Market Estimate by Application (USD MN)
  •  India Natural Refrigerant Market Analysis by Product (USD MN)
  •  India Natural Refrigerant Market Estimate by Application (USD MN)
  •  Rest of Asia Pacific Natural Refrigerant Market Analysis by Product (USD MN)
  •  Rest of Asia Pacific Natural Refrigerant Market Estimate by Application (USD MN)
  •  Latin America Natural Refrigerant Market Analysis by Product (USD MN)
  •  Latin America Natural Refrigerant Market Estimate by Application (USD MN)
  •  Latin America Natural Refrigerant Market Estimate by Country (USD MN)
  •  Brazil Natural Refrigerant Market Analysis by Product (USD MN)
  •  Brazil Natural Refrigerant Market Estimate by Application (USD MN)
  •  Rest of Latin America Natural Refrigerant Market Analysis by Product (USD MN)
  •  Rest of Latin America Natural Refrigerant Market Estimate by Application (USD MN)
  •  Middle East & Africa Natural Refrigerant Market Analysis by Product (USD MN)
  •  Middle East & Africa Natural Refrigerant Market Estimate by Application (USD MN)
  •  Middle East & Africa Natural Refrigerant Market Estimate by Country (USD MN)
  •  Middle East Natural Refrigerant Market Analysis by Product (USD MN)
  •  Middle East Natural Refrigerant Market Estimate by Application (USD MN)
  •  Africa Natural Refrigerant Market Analysis by Product (USD MN)
  •  Africa Natural Refrigerant Market Estimate by Application (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
  •  New Product Launch
  •  Other Developments
  •  Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  •  Research Scope of Natural Refrigerant Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Natural Refrigerant Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Product
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Natural Refrigerant Market Analysis by Product (USD MN)
  •  Global Natural Refrigerant Market Analysis in Ammonia by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Carbon Dioxide by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Hydrocarbon by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Others by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis by Application (USD MN)
  •  Global Natural Refrigerant Market Analysis in Industrial by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Commercial by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Domestic by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Stationary Air Conditioning  by Geography (USD MN)
  •  Global Natural Refrigerant Market Analysis in Others by Geography (USD MN)
  •  Latin America Natural Refrigerant Market by Revenue
  •  Middle East & Africa Natural Refrigerant Market by Revenue
  •  Recent Development in Natural Refrigerant Industry
  •  Company Market Share Analysis, 2019
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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