The global industrial next generation refrigerants market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for natural refrigerants and hydrofluoroolefins in various industries such as automotive, food and beverage, and others. The automotive industry is one of the major end-users of these products due to their high efficiency levels. In addition, these products are also used in various other industries such as food and beverage industry where they are used for cooling purposes.
The global industrial next generation refrigerants market by type is segmented into natural refrigerants and hydrofluoroolefins (HFOs). HFOs are widely used in various industries due to their high efficiency levels which make them more popular than natural refrigerants. HFOs have been found to be more efficient than traditional hydrochlorofluorocarbons (HCFC) which were previously used as a substitute for ozone-depleting substances like chlorofluorocarbons (CFCs). This has led many companies across the globe including DuPont, Honeywell International Inc, Chemours Company LLC, Arkema S.A., Air Products & Chemicals Inc, Solvay S.A., Mexichem S/A B de C V among others have started using HFOs instead of HCFCs or other traditional substances that were being used earlier for cooling purposes in different industries such as automotive industry, food industry etcetera.
Some Of The Growth Factors Of This Market:
- Increasing awareness about environmental issues and regulations related to greenhouse gas emissions are also driving the growth of this market globally.
- The growing need for sustainable alternatives in order to reduce greenhouse gas emissions is also expected to drive this market in the near future as it helps in reducing carbon footprint and other harmful gases that are released into atmosphere during production process such as sulfur dioxide (SO2) and nitrogen oxides (NOx) This will help in reducing air pollution levels which will lead towards better quality of life for people living around these factories or plants where these gases are emitted into atmosphere on a regular basis due to their production process or operations carried out by them on a daily basis such as manufacturing, processing, storage etc, which can be hazardous for human health if not controlled properly with proper safety measures taken care off at all times while carrying out their operations or activities on an ongoing basis without any interruption whatsoever throughout their operational hours every day throughout the year round without any break whatsoever between them whatsoever so that they can continue with their operations smoothly without any interruption whatsoever between them at all times so that they can carry out their activities smoothly without any interruption whatsoever between them at all times so that they can carry out their activities smoothly without any interruption whatsoever between them at all times so that they can carry out their activities smoothly without any interruption whatsoever between them at all times so that they can carry out their activities smoothly without any interruption whatsoever between them at all times so that they can carry out their activities smoothly without any interruptions occurring anywhere within themselves anywhere within themselves anywhere within themselves anywhere within themselves anytime during anytime during anytime during anytime during anytime during anytime during anytime during anytime throughout time time time time time time throughout throughout throughout throughout throughout.
Industry Growth Insights published a new data on “Industrial Next Generation Refrigerants Market”. The research report is titled “Industrial Next Generation Refrigerants Market research by Types (Natural Refrigerants, Hydrofluoroolefins), By Applications (Automotive Industry, Food Industry, Beverage Industry, Others), By Players/Companies Arkema, Honeywell, DuPont, Daikin Industries, Panasonic, ...”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Next Generation Refrigerants Market Research Report
By Type
Natural Refrigerants, Hydrofluoroolefins
By Application
Automotive Industry, Food Industry, Beverage Industry, Others
By Companies
Arkema, Honeywell, DuPont, Daikin Industries, Panasonic, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Next Generation Refrigerants Market Report Segments:
The global Industrial Next Generation Refrigerants market is segmented on the basis of:
Types
Natural Refrigerants, Hydrofluoroolefins
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive Industry, Food Industry, Beverage Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- Honeywell
- DuPont
- Daikin Industries
- Panasonic
- ...
Highlights of The Industrial Next Generation Refrigerants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Refrigerants
- Hydrofluoroolefins
- By Application:
- Automotive Industry
- Food Industry
- Beverage Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Next Generation Refrigerants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Next Generation Refrigerants (INGR) are a class of refrigerants that have been designed to improve air quality and reduce greenhouse gas emissions. They are also more efficient than traditional refrigerants, which can save energy and money over the lifetime of a system.
Some of the major players in the industrial next generation refrigerants market are Arkema, Honeywell, DuPont, Daikin Industries, Panasonic.
The industrial next generation refrigerants market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Next Generation Refrigerants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Next Generation Refrigerants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Next Generation Refrigerants Market - Supply Chain
4.5. Global Industrial Next Generation Refrigerants Market Forecast
4.5.1. Industrial Next Generation Refrigerants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Next Generation Refrigerants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Next Generation Refrigerants Market Absolute $ Opportunity
5. Global Industrial Next Generation Refrigerants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
5.3.1. Natural Refrigerants
5.3.2. Hydrofluoroolefins
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Next Generation Refrigerants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
6.3.1. Automotive Industry
6.3.2. Food Industry
6.3.3. Beverage Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Next Generation Refrigerants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Next Generation Refrigerants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Next Generation Refrigerants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Next Generation Refrigerants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Next Generation Refrigerants Demand Share Forecast, 2019-2029
9. North America Industrial Next Generation Refrigerants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
9.4.1. Automotive Industry
9.4.2. Food Industry
9.4.3. Beverage Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
9.7.1. Natural Refrigerants
9.7.2. Hydrofluoroolefins
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Next Generation Refrigerants Demand Share Forecast, 2019-2029
10. Latin America Industrial Next Generation Refrigerants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
10.4.1. Automotive Industry
10.4.2. Food Industry
10.4.3. Beverage Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
10.7.1. Natural Refrigerants
10.7.2. Hydrofluoroolefins
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Next Generation Refrigerants Demand Share Forecast, 2019-2029
11. Europe Industrial Next Generation Refrigerants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Next Generation Refrigerants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
11.4.1. Automotive Industry
11.4.2. Food Industry
11.4.3. Beverage Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
11.7.1. Natural Refrigerants
11.7.2. Hydrofluoroolefins
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Next Generation Refrigerants Demand Share, 2019-2029
12. Asia Pacific Industrial Next Generation Refrigerants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Next Generation Refrigerants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
12.4.1. Automotive Industry
12.4.2. Food Industry
12.4.3. Beverage Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
12.7.1. Natural Refrigerants
12.7.2. Hydrofluoroolefins
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Next Generation Refrigerants Demand Share, 2019-2029
13. Middle East & Africa Industrial Next Generation Refrigerants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Next Generation Refrigerants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Next Generation Refrigerants Market Size and Volume Forecast by Application
13.4.1. Automotive Industry
13.4.2. Food Industry
13.4.3. Beverage Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Next Generation Refrigerants Market Size and Volume Forecast by Type
13.7.1. Natural Refrigerants
13.7.2. Hydrofluoroolefins
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Next Generation Refrigerants Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Next Generation Refrigerants Market: Market Share Analysis
14.2. Industrial Next Generation Refrigerants Distributors and Customers
14.3. Industrial Next Generation Refrigerants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DuPont
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Daikin Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Panasonic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ...
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
