Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global R-407C Refrigerant Market by Type (OEM, Aftermarket), By Application (Air Condition, Automotive Air Conditioner, Refrigerator , Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global R-407C Refrigerant Market by Type (OEM, Aftermarket), By Application (Air Condition, Automotive Air Conditioner, Refrigerator , Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131435 3300 Chemical & Material 377 241 Pages 4.8 (40)

The global refrigerant market is expected to grow at a CAGR of 4.5% from 2021 to 2030. The OEM segment is expected to dominate the market with a share of over 60%. The aftermarket segment is expected to grow at a CAGR of 5.2% during the forecast period, owing to increasing demand for replacement parts and growing awareness about environmental issues. The air conditioning application segment is expected to account for over 40% share in the global refrigerant market by 2030, owing to increasing demand for cooling systems in residential and commercial buildings. The automotive air conditioner application segment is also projected to witness significant growth during the forecast period due to rising demand for vehicles with ACs as well as increased penetration of ACs in emerging markets such as India and China.

Some Of The Growth Factors Of This Market:

  1. The R-407C refrigerant market is driven by the increasing demand for energy efficient products and the need for sustainable solutions.
  2. The R-407C refrigerant market is also driven by the increasing demand for low global warming potential (GWP) products, which are environmentally friendly and have lower emissions than other alternatives.
  3. Increasing awareness about environmental sustainability among consumers has led to an increase in demand for low GWP products, which in turn has led to an increase in demand for R-407C refrigerants.
  4. Increasing use of air conditioning systems in emerging economies such as India and China will drive the growth of this market.

Industry Growth Insights published a new data on “R-407C Refrigerant Market”. The research report is titled “R-407C Refrigerant Market research by Types (OEM, Aftermarket), By Applications (Air Condition, Automotive Air Conditioner, Refrigerator , Others), By Players/Companies Daikin, Chemours, Arkema, Dongyue Group, Zhejiang Juhua, Mexichem, Meilan Chemical, Sanmei, Sinochem Group, Linde A.G.”.

Scope Of The Report

Report Attributes

Report Details

Report Title

R-407C Refrigerant Market Research Report

By Type

OEM, Aftermarket

By Application

Air Condition, Automotive Air Conditioner, Refrigerator , Others

By Companies

Daikin, Chemours, Arkema, Dongyue Group, Zhejiang Juhua, Mexichem, Meilan Chemical, Sanmei, Sinochem Group, Linde A.G.

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global R-407C Refrigerant Industry Outlook

Global R-407C Refrigerant Market Report Segments:

The global R-407C Refrigerant market is segmented on the basis of:


OEM, Aftermarket

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.


Air Condition, Automotive Air Conditioner, Refrigerator , 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:

  1. Daikin
  2. Chemours
  3. Arkema
  4. Dongyue Group
  5. Zhejiang Juhua
  6. Mexichem
  7. Meilan Chemical
  8. Sanmei
  9. Sinochem Group
  10. Linde A.G.

Global R-407C Refrigerant Market Overview

Highlights of The R-407C Refrigerant Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. OEM
    2. Aftermarket
  1. By Application:

    1. Air Condition
    2. Automotive Air Conditioner
    3. Refrigerator 
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the R-407C Refrigerant 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

Global R-407C Refrigerant Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

R-407C refrigerant is a synthetic, ozone-depleting refrigerant. It is used in air conditioning and refrigeration systems.

Some of the major companies in the r-407c refrigerant market are Daikin, Chemours, Arkema, Dongyue Group, Zhejiang Juhua, Mexichem, Meilan Chemical, Sanmei, Sinochem Group, Linde A.G..

The r-407c refrigerant market is expected to register a CAGR of 4.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. R-407C Refrigerant 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. R-407C Refrigerant Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. R-407C Refrigerant Market - Supply Chain
   4.5. Global R-407C Refrigerant Market Forecast
      4.5.1. R-407C Refrigerant Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. R-407C Refrigerant Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. R-407C Refrigerant Market Absolute $ Opportunity

5. Global R-407C Refrigerant 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. R-407C Refrigerant Market Size and Volume Forecast by Type
      5.3.1. OEM
      5.3.2. Aftermarket
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global R-407C Refrigerant 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. R-407C Refrigerant Market Size and Volume Forecast by Application
      6.3.1. Air Condition
      6.3.2. Automotive Air Conditioner
      6.3.3. Refrigerator 
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global R-407C Refrigerant 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. R-407C Refrigerant 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 R-407C Refrigerant 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. R-407C Refrigerant 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 R-407C Refrigerant Demand Share Forecast, 2019-2029

9. North America R-407C Refrigerant 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 R-407C Refrigerant 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 R-407C Refrigerant Market Size and Volume Forecast by Application
      9.4.1. Air Condition
      9.4.2. Automotive Air Conditioner
      9.4.3. Refrigerator 
      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 R-407C Refrigerant Market Size and Volume Forecast by Type
      9.7.1. OEM
      9.7.2. Aftermarket
   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 R-407C Refrigerant Demand Share Forecast, 2019-2029

10. Latin America R-407C Refrigerant 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 R-407C Refrigerant 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 R-407C Refrigerant Market Size and Volume Forecast by Application
      10.4.1. Air Condition
      10.4.2. Automotive Air Conditioner
      10.4.3. Refrigerator 
      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 R-407C Refrigerant Market Size and Volume Forecast by Type
      10.7.1. OEM
      10.7.2. Aftermarket
   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 R-407C Refrigerant Demand Share Forecast, 2019-2029

11. Europe R-407C Refrigerant 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 R-407C Refrigerant 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 R-407C Refrigerant Market Size and Volume Forecast by Application
      11.4.1. Air Condition
      11.4.2. Automotive Air Conditioner
      11.4.3. Refrigerator 
      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 R-407C Refrigerant Market Size and Volume Forecast by Type
      11.7.1. OEM
      11.7.2. Aftermarket
   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 R-407C Refrigerant Demand Share, 2019-2029

12. Asia Pacific R-407C Refrigerant 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 R-407C Refrigerant 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 R-407C Refrigerant Market Size and Volume Forecast by Application
      12.4.1. Air Condition
      12.4.2. Automotive Air Conditioner
      12.4.3. Refrigerator 
      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 R-407C Refrigerant Market Size and Volume Forecast by Type
      12.7.1. OEM
      12.7.2. Aftermarket
   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 R-407C Refrigerant Demand Share, 2019-2029

13. Middle East & Africa R-407C Refrigerant 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 R-407C Refrigerant 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 R-407C Refrigerant Market Size and Volume Forecast by Application
      13.4.1. Air Condition
      13.4.2. Automotive Air Conditioner
      13.4.3. Refrigerator 
      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 R-407C Refrigerant Market Size and Volume Forecast by Type
      13.7.1. OEM
      13.7.2. Aftermarket
   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 R-407C Refrigerant Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global R-407C Refrigerant Market: Market Share Analysis
   14.2. R-407C Refrigerant Distributors and Customers
   14.3. R-407C Refrigerant Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Daikin Overview Financials Developments Strategic Outlook
      14.4.2. Chemours Overview Financials Developments Strategic Outlook
      14.4.3. Arkema Overview Financials Developments Strategic Outlook
      14.4.4. Dongyue Group Overview Financials Developments Strategic Outlook
      14.4.5. Zhejiang Juhua Overview Financials Developments Strategic Outlook
      14.4.6. Mexichem Overview Financials Developments Strategic Outlook
      14.4.7. Meilan Chemical Overview Financials Developments Strategic Outlook
      14.4.8. Sanmei Overview Financials Developments Strategic Outlook
      14.4.9. Sinochem Group Overview Financials Developments Strategic Outlook
      14.4.10. Linde A.G. Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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