천연 냉매 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 최종 용도별, 지역별 - 산업 예측(2025-2032년)

Natural Refrigerants Market size was valued at USD 1.6 Billion in 2023 and is poised to grow from USD 1.7 Billion in 2024 to USD 2.81 Billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).

The global natural refrigerants market is witnessing robust growth, propelled by heightened environmental concerns and strict regulations against synthetic refrigerants that contribute to ozone layer depletion and climate change. Natural refrigerants-like ammonia, carbon dioxide, and hydrocarbons-present a sustainable alternative, driving demand across industries such as food and beverage, HVAC, and automotive for energy-efficient cooling solutions. Advancements in technology and the introduction of innovative refrigeration systems further bolster this market surge. Nonetheless, barriers such as high upfront costs and the necessity for specialized equipment and safety protocols remain challenges. Despite these obstacles, the market for natural refrigerants is poised for continued expansion in the upcoming years, reflecting a significant shift towards environmentally responsible practices.

Top-down and bottom-up approaches were used to estimate and validate the size of the Natural Refrigerants market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Natural Refrigerants Market Segmental Analysis

Global Natural Refrigerants Market is segmented by type, application, end use and region. Based on type, the market is segmented into ammonia refrigerant, hydrocarbon refrigerant, CO2 refrigerant and other refrigerants. Based on application, the market is segmented into commercial refrigeration, industrial refrigeration, domestic refrigeration, stationary air-conditioning, mobile air-conditioning and others. Based on end use, the market is segmented into residential, commercial, industrial and transportation. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Natural Refrigerants Market

A significant factor propelling the natural refrigerants market is the rising awareness and implementation of eco-friendly alternatives. Natural refrigerants, including hydrocarbons, ammonia, and carbon dioxide, possess minimal global warming potential (GWP) and negligible ozone depletion potential (ODP), rendering them preferable to synthetic options. Heightened concerns regarding climate change and the imperative to lower greenhouse gas emissions have resulted in stringent regulations and policies encouraging the transition to natural refrigerants. Furthermore, their energy efficiency and cost-effectiveness enhance their appeal, fostering widespread adoption across numerous industries and contributing to the growth of this market segment.

Restraints in the Natural Refrigerants Market

A notable challenge facing the global natural refrigerants market is the substantial initial investment required to shift from synthetic to natural refrigerants. This transition can incur considerable expenses related to retrofitting existing refrigeration systems or developing new ones that can effectively use natural refrigerants. Costs associated with equipment adjustments, installation processes, and necessary safety protocols for handling potentially flammable or toxic natural refrigerants further contribute to this burden. Additionally, the availability and accessibility of these natural alternatives may be limited, particularly in remote or underdeveloped areas, creating both financial and logistical hurdles that hinder broader adoption of natural refrigerants in various markets.

Market Trends of the Natural Refrigerants Market

The global natural refrigerants market is witnessing a significant trend toward the adoption of eco-friendly and energy-efficient refrigeration solutions driven by mounting environmental concerns and regulatory pressures. As synthetic refrigerants face phased-out bans due to their high global warming potential, natural alternatives like hydrocarbons, carbon dioxide (CO2), and ammonia are gaining traction. Regulatory bodies are enacting stricter guidelines aimed at decreasing greenhouse gas emissions, furthering the shift towards natural refrigerants. Additionally, the rising consumer preference for sustainable products is fueling demand, as individuals and businesses increasingly prioritize eco-conscious choices. This trend is anticipated to sustain momentum, aligning with broader sustainability goals.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree Of Competition
• Top Investment Pockets
• Ecosystem Mapping
• Market Attractiveness Index, 2024
• Pestel Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Technology Assessment
• Regulatory Landscape
• Customer & Buying Criteria Analysis
• Trade Analysis
• Patent Analysis

Global Natural Refrigerants Market Size by Type & CAGR (2025-2032)

• Market Overview
• Ammonia Refrigerant
• Hydrocarbon Refrigerant
  • Propane (R-290)
  • Butane (R-600)
  • Iso-Butane (R-600A)
  • Other Hydrocarbons
• CO2 Refrigerant
• Other Refrigerants
  • Water
  • Air

Global Natural Refrigerants Market Size by Application & CAGR (2025-2032)

• Market Overview
• Commercial Refrigeration
• Industrial Refrigeration
• Domestic Refrigeration
• Stationary Air-Conditioning
• Mobile Air-Conditioning
• Others

Global Natural Refrigerants Market Size by End Use & CAGR (2025-2032)

• Market Overview
• Residential
• Commercial
• Industrial
• Transportation

Global Natural Refrigerants Market Size & CAGR (2025-2032)

• North America (Type, Application, End Use)
  • US
  • Canada
• Europe (Type, Application, End Use)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Application, End Use)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Application, End Use)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Application, End Use)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2024
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2024
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2022-2024)

Key Company Profiles

• Airgas Inc.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Linde Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Sinochem Group
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Engas Australasia
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Harp International Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tazzetti S.P.A.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Puyang Zhongwei Fine Chemical Co. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shandong Yueon Chemical Industry Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• A-Gas International
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Hychill Australia Pvt. Ltd.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• GTS S.P.A
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• A.S. Trust and Holdings
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Air Liquide
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Danfoss
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Engie Refrigeration
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Emerson Electric Co.
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bitzer
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Parker Hannifin Corporation
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mayekawa
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Baltimore Aircoil Company
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations