냉매 R32 시장 규모, 점유율, 성장 분석(유형별, 용도별, 최종 사용자별, 유통 채널별, 지역별) : 산업 예측(2026-2033년)

Refrigerant R32 Market size was valued at USD 7.43 Billion in 2024 and is poised to grow from USD 7.91 Billion in 2025 to USD 13.1 Billion by 2033, growing at a CAGR of 6.5% during the forecast period (2026-2033).

The Refrigerant R32 market is experiencing significant expansion driven by robust investments in research and development, the emergence of new competitors, and continuous product innovations. Competitive dynamics among companies are fostering effective product allocations. Supportive government initiatives play a crucial role in enhancing market growth, with manufacturers like Daikin receiving interest from various governments, leading to partnerships focused on the conversion to R32. This momentum is bolstered by favorable regulations promoting R32 adoption. Moreover, rising disposable incomes and a growing preference for high-end, innovative appliances further fuel market development. R32's advantages, including reduced electricity consumption, lower global warming potential, easier recyclability, and decreased operational costs, are increasing awareness and adoption, thus opening up new business avenues for market participants.

Top-down and bottom-up approaches were used to estimate and validate the size of the Refrigerant R32 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.

Refrigerant R32 Market Segments Analysis

Global Refrigerant R32 Market is segmented by Type, Application, End User, Distribution Channel and region. Based on Type, the market is segmented into Pure R32 and Mixed R32. Based on Application, the market is segmented into Residential Air Conditioning, Commercial Air Conditioning, Industrial Refrigeration, Automotive Air Conditioning and Others. Based on End User, the market is segmented into HVAC, Automotive, Industrial and Others. Based on Distribution Channel, the market is segmented into Direct Sales, Distributors, Online Sales and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Refrigerant R32 Market

The demand for refrigerant R32 is primarily driven by the pharmaceutical industry's need for low-temperature environments for the transportation and storage of drugs. This surge in demand is linked to an increased focus on biologics, alongside the rising consumption of specialty pharmaceuticals, insulin products, and vaccines. Moreover, rapid growth in the pharmaceutical sector, particularly in emerging markets in the Asia-Pacific region, including India and China, further supports the expansion of the refrigerant R32 market. As the pharmaceutical industry continues to evolve and grow, it is expected to significantly contribute to the increasing adoption of refrigerant R32.

Restraints in the Refrigerant R32 Market

The Refrigerant R32 market faces significant challenges due to the complexities associated with the storage and transportation of refrigerants like hydrochlorofluorocarbons and hydrocarbons, which are characterized by their gaseous form and high volatility. These factors can hinder the efficient distribution and handling of these products, ultimately impacting market growth. Additionally, stringent government regulations aimed at environmental protection can further restrict market activities, creating additional barriers for industry players. As stakeholders navigate these obstacles, the need for alternative solutions and adaptations becomes increasingly vital for sustaining progress in the Refrigerant R32 market.

Market Trends of the Refrigerant R32 Market

The Refrigerant R32 market is witnessing notable growth, driven by the increasing demand for low-GWP (Global Warming Potential) refrigerants as part of global sustainability efforts. As industries phase out HFC R410A due to its high GWP of approximately 2,090, R32, with a significantly lower GWP of 675, has emerged as a popular alternative. This transition is particularly pronounced in sectors such as supermarkets and large grocery stores, where the need for efficient cooling solutions is paramount. Although R32 poses safety challenges due to its mildly flammable nature, its favorable environmental profile offers substantial opportunities for manufacturers looking to innovate and adapt to evolving market preferences.

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
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape

Global Refrigerant R32 Market Size by Type & CAGR (2026-2033)

• Market Overview
• Pure R32
• Mixed R32

Global Refrigerant R32 Market Size by Application & CAGR (2026-2033)

• Market Overview
• Residential Air Conditioning
• Commercial Air Conditioning
• Industrial Refrigeration
• Automotive Air Conditioning
• Others

Global Refrigerant R32 Market Size by End User & CAGR (2026-2033)

• Market Overview
• HVAC
• Automotive
• Industrial
• Others

Global Refrigerant R32 Market Size by Distribution Channel & CAGR (2026-2033)

• Market Overview
• Direct Sales
• Distributors
• Online Sales
• Others

Global Refrigerant R32 Market Size & CAGR (2026-2033)

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

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Daikin Industries Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Arkema S.A. (France)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Honeywell International Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• The Chemours Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mexichem S.A.B. de C.V. (Mexico)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• SRF Limited (India)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Linde plc (Ireland)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• National Refrigerants, Inc. (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Harp International Ltd. (UK)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Asahi Glass Co., Ltd. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tazzetti S.p.A. (Italy)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Brothers Gas Bottling & Distribution Co. LLC (UAE)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Puregas LLC (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations