Global Next-Generation Refrigerant Market – Analysis and Forecast, 2019-2029

Focus on Type (HFCs, Natural Refrigerants, and HFOs) and Application

Published Year: 2020
SKU: MC00651SB

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Report Description

The principal purpose of this market analysis is to examine the next-generation refrigerant industry outlook in terms of factors d

Market Report Coverage - Global Next Generation Refrigerant Market

 

 

Base Year

 

2018

 

Market Size by 2018

 

$23.55 billion

 

Forecast Period

 

2019-2029

 

Value Estimation by 2029

 

$33.64 billion

 

CAGR During Forecast Period

 

3.22%

 

Number of Tables

 

 

 

Market Segmentation

 

• Type – Hydrofluorocarbons (HFCs), Natural Refrigerants (Ammonia, Carbon Dioxide, Hydrocarbons), and Hydrofluoroolefin (HFOs)

• Application – Refrigeration (Domestic, Commercial, Industrial, Transport), Air Conditioning (Mobile Air Conditioning, Residential, Commercial, Industrial), and Heat Pumps

 

Regional Segmentation

 

• North America – Canada, U.S., and Mexico

• Europe - U.K., Germany, France, Italy, Scandinavian Countries, Switzerland, and Rest-of-Europe

• Asia-Pacific – China, India, Australia and New Zealand (ANZ), South Korea, Japan, and Rest-of-Asia-Pacific

• Middle East & Africa (MEA) – South Africa, and Rest-of-MEA

• South America – Brazil, Chile, Colombia, Argentina, and Rest-of-South America

 

Key Companies Profiled

 

The key market players in the global next-generation refrigerant market include AGC Inc., Arkema SA, ASPEN Refrigerants, Inc., Daikin Industries, Ltd., Global Refrigerants, Harp International Ltd., Honeywell International Inc., SRF Limited, Tazzetti S.p.A., The Chemours Company, The Linde Group, Carrier Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., and Trane Inc

Market Segmentation

Market Outlook By Type

Out of the various types of next-generation refrigerants, hydrofluorocarbons (HFCs) have occupied more than half of the overall market share in the forecast period. However, they are subject to a decline in the near future driven by stringent regulatory norms of various nations and organizations. The natural refrigerant segment is expected to witness the highest growth rate due to significant initiatives taken by leading market players.

Market Segmentation by Application

On the basis of its applications, the air conditioning industry is anticipated to emerge as the fastest-growing end-user in the global market. Several companies around the globe are adopting next-generation refrigerants to become energy efficient and have sustainable long-term growth. The air-conditioning segment accounted for a market value of $11.16 billion in 2018 and is expected to retain its dominance within the entire application segment in the global next-generation refrigerant market.

Market Segmentation by Region

Due to an excessive industrial base, encouraging government policies, and financial support in R&D, the Asia-Pacific region is estimated to hold the largest market share during the forecast period 2019-2029. The region is primarily dominated by China, Japan, South Korea, and India, as these nations have been notable in making the transition toward next-generation refrigerants. Apart from the APAC region, North America and Europe also hold a prominent share in the global market.

Key Questions Answered in this Report

What is the global next-generation refrigerant market size in terms of value and volume from 2018-2029 along with the year-on-year

•    What is the global next-generation refrigerant market size in terms of value and volume from 2018-2029 along with the year-on-year growth rates and the CAGR from 2019 to 2029?
•    What are the different types of next-generation refrigerants and their growth patterns in terms of value and volume in different regions and countries from 2019 to 2029?
•    How is the traditional refrigerants industry being cannibalized by next-generation refrigerants in the market between 2019 and 2029?
•    What are the major end-use industries for next-generation refrigerant globally in terms of volume consumption and revenue generation between 2019 and 2029?
•    What is the consumption pattern of the next-generation refrigerant in  across different regions and countries?
•    Which are the major regions and countries that provide growth opportunities for the next-generation refrigerant market?
•    What are the revenue generation and volume consumption of the next-generation refrigerant for various applications across different countries between 2019 and 2029?
•    What is the competitive strength of the key players in the next-generation refrigerant market on the basis of their recent developments, product offerings, and regional presence?

Market Overview

The global next-generation refrigerant industry analysis by BIS Research projects the market to grow at a significant CAGR of 3.22

Market Overview and Estimation

The rising demand for air conditioners, refrigeration systems, and heat pumps, among others, opens a gateway for numerous opportunities in the refrigerant market. At present, the refrigerant manufacturing companies are experiencing a huge surge in demand for environment-friendly products. Fueled by stringent regulatory norms and increasing end-user interest, companies are moving towards products that take a lower toll on the environment than the existing line of products.

The existing conventional refrigerants such as R407A, R410A, R134a, and R544, among others, possess high global warming potential. Due to the rising wave of technological advancements to further expand its application areas, next-generation refrigerants are gaining huge popularity. Even several international organizations and government bodies are playing a vital role in shaping the refrigerant industry.

According to the market analysis report by BIS Research, the global next-generation refrigerant market recorded a market value of $23.55 billion in 2018 and is expected to reach the mark of $33.64 billion by 2029, with a CAGR of 3.22% during the forecast period 2019-2029. Owing to the rise in the active government regulations, such as Montreal Protocol, F-Gas regulations, Significant New Alternative Policy (SNAP), and others, to curb the usage of Hydrofluorocarbons (HFCs) and Hydrochlorofluorocarbons (HCFCs), the demand for natural refrigerants is expected to grow significantly.

The prominent players operating in this global market have increased their business expansion activities over the past few years to create awareness about their expanding product portfolio and technologies and compete with its product portfolio. Various governments and private research institutes are putting in substantial efforts to reduce the production time and flammability issues of the refrigerants, thus, increasing the awareness about the benefits of next-generation refrigerant for the various industries.

The companies have increased their R&D investments and devised new environment-friendly refrigerants to meet the standards imposed by the government against the use of high GWP and high ODP. For instance, in 2019, the Chemours Company expanded its global footprint by inaugurating a new refrigerant facility of the Opteon range in Texas.  

Next-Generation Refrigerant Market

 

Growth Drivers

 

• Alarming Issue of Global Warming and the Spurt in Adoption of Eco-Friendly Refrigerants

• Growing End-Use Sector Driving the Growth of the Refrigerant Market
• Adherence to Stringent Regulations to Maintain Energy Efficiency Standards

 

Market Challenges

 

• Highly Flammable and Toxic Nature of Refrigerants Hindering the Acceptance Rate of Next-Generation Refrigerants in the Market

• Implication of New Amendments in Environmental Regulations and Norms Creates Confusion in their Application

 

Market Opportunities

 

• Increasing Number of Consumer Goods Brands Opting for Hydrocarbons (HCs) and Natural Refrigerants

 

Growth Factors

Alarming Issue of Global Warming and the Spurt in Adoption of Eco-Friendly Refrigerants

The refrigerants used in the HVAC industry were mostly chlorofluorocarbons (CFCs) and hydrochlorofluorocarbons (HCFCs), and hydrofluorocarbons (HFCs), in all developing and developed countries across the globe. CFCs and HCFCs pose a significant threat to the ozone layer in comparison to the recent line of environment-friendly refrigerants. With people becoming more aware of the increasing pollution levels, organizations, with the help of the government, have introduced new environment-friendly refrigerants to reduce the overall carbon footprint.

Growing End-Use Sector Driving the Growth of the Refrigerant Market

Rapid growth in technological advancement, innovative design, and growing awareness regarding environmental concerns such as ozone depletion and rising global warming levels are propelling the development of the next-generation refrigerant market. The air conditioners industry is the largest sector that uses refrigerants and has found its application in various buildings, apartments, and chillers that are installed for efficient cooling purposes.

Adherence to Stringent Regulations to Maintain Energy Efficiency Standards

The increase in energy consumption levels, the issue of global warming, and ozone depletion have forced governments and organizations across the globe to impose stringent laws and regulations. Organizations such as the American Society of Heating Refrigeration and Air conditioning (ASHRAE), American Council for Energy-Efficient Economy (ACEEE), Air Conditioning Contractors of America (ACCA) and Air conditioning, and Heating and Refrigeration Institute (AHRI), have standardized the energy efficiency and heating, ventilation, and air conditioning (HVAC) standards and regulations across the world.

Table of Contents

1 Market Dynamics

         1.1    Market Drivers
                  1.1.1    Alarming Issue of Global Warming and the Spurt in Adoption of Eco-Friendly Refrigerants
                  1.1.2    Growing End-Use Sector Driving the Growth of the Refrigerant Market
                  1.1.3    Adherence to Stringent Regulations to Maintain Energy Efficiency Standards
         1.2    Market Restraints
                  1.2.1    Highly Flammable and Toxic Nature of Refrigerants Hindering the Acceptance Rate of Next-Generation Refrigerants in the Market
                  1.2.2    Implication of New Amendments in Environmental Regulations and Norms Creates Confusion in their Application
         1.3    Opportunities
                  1.3.1    Increasing Number of Consumer Goods Brands Opting for Hydrocarbons (HCs) and Natural Refrigerants

2 Competitive Insights

         2.1    Key Market Developments and Strategies
                  2.1.1    Business Expansions
                  2.1.2    Partnerships, Collaborations, and Joint Ventures
                  2.1.3    Mergers and Acquisitions
                  2.1.4    Product Launches
                  2.1.5    Others (Investment and Awards)
         2.2    Market Share Analysis

3 Industry Analysis

         3.1    Supply Chain Analysis
         3.2    Industry Attractiveness
                  3.2.1    Threat of New Entrants
                  3.2.2    Bargaining Power of Buyers
                  3.2.3    Bargaining Power of Suppliers
                  3.2.4    Threat from Substitutes
                  3.2.5    Intensity of Competitive Rivalry
         3.3    Illegal Refrigerant Trading in the Ecosystem
         3.4    International Agreements
                  3.4.1    The Montreal Protocol
                  3.4.2    Kigali Amendment
                  3.4.3    Kyoto Protocol
         3.5    Policy Trends in Europe
                  3.5.1 F-Gas Regulation

4 Global Next-Generation Refrigerant Market (by Type), $Million and Kilotons, 2019-2029

         4.1    Overview
         4.2    Hydrofluorocarbons (HFCs)
         4.3    Natural Refrigerants
                  4.3.1    Ammonia (R-717)
                  4.3.2    Carbon Dioxide (R-744)
                  4.3.3    Hydrocarbons (HCs)
                              4.3.3.1    Isobutane (R-600a)
                              4.3.3.2    Ethane (R-170)
                              4.3.3.3    Propane (R-290)
                              4.3.3.4    Propylene (R-1270)
                              4.3.3.5    Ethylene (R-1150)
         4.4    Hydrofluroolefin (HFOs)
                  4.4.1    2,3,3,3-Tetrafluoropropene (R-1234yf)
                  4.4.2    1,3,3,3-Tetrafluoropropene (R-1234ze)

5 Global Next-Generation Refrigerant Market (by Application), $Billion and Kilotons, 2019-2029

         5.1    Overview
         5.2    Refrigeration
                  5.2.1    Domestic
                  5.2.2    Commercial
                  5.2.3    Industrial
                  5.2.4    Transport
         5.3    Air Conditioning
                  5.3.1    Mobile Air Conditioning (MAC)
                  5.3.2    Residential
                  5.3.3    Commercial
                  5.3.4    Industrial
         5.4    Heat Pumps

6 Global Next-Generation Refrigerant Market (by Region), $Billion and Kilotons, 2019-2029

         6.1    Overview
         6.2    North America
                  6.2.1    North America Next-Generation Refrigerant Market (by Type)
                  6.2.2    North America Next-Generation Refrigerant Market (by Application)
                  6.2.3    North America Next-Generation Refrigerant Market (by Country)
                              6.2.3.1    U.S.
                                             6.2.3.1.1    U.S. Next-Generation Refrigerant Market (by Type)
                                             6.2.3.1.2    U.S. Next-Generation Refrigerant Market (by Application)
                              6.2.3.2    Canada
                                             6.2.3.2.1    Canada Next-Generation Refrigerant Market (by Type)
                                             6.2.3.2.2    Canada Next-Generation Refrigerant Market (by Application)
                              6.2.3.3    Mexico
                                             6.2.3.3.1    Mexico Next-Generation Refrigerant Market (by Type)
                                             6.2.3.3.2    Mexico Next-Generation Refrigerant Market (by Application)
         6.3    Europe
                  6.3.1    Europe Next-Generation Refrigerant Market (by Type)
                  6.3.2    Europe Next-Generation Refrigerant Market (by Application)
                  6.3.3    Europe Next-Generation Refrigerant Market (by Country)
                              6.3.3.1    Germany
                                             6.3.3.1.1    Germany Next-Generation Refrigerant Market (by Type)
                                             6.3.3.1.2    Germany Next-Generation Refrigerant Market (by Application)
                              6.3.3.2    Italy
                                             6.3.3.2.1    Italy Next-Generation Refrigerant Market (by Type)
                                             6.3.3.2.2    Italy Next-Generation Refrigerant Market (by Application)
                              6.3.3.3    France
                                             6.3.3.3.1    France Next-Generation Refrigerant Market (by Type)
                                             6.3.3.3.2    France Next-Generation Refrigerant Market (by Application)
                              6.3.3.4    U.K.
                                             6.3.3.4.1    U.K. Next-Generation Refrigerant Market (by Type)
                                             6.3.3.4.2    U.K. Next-Generation Refrigerant Market (by Application)
                              6.3.3.5    Scandinavian Countries
                                             6.3.3.5.1    Scandinavian Countries Next-Generation Refrigerant Market (by Type)
                                             6.3.3.5.2    Scandinavian Countries Next-Generation Refrigerant Market (by Application)
                              6.3.3.6    Switzerland
                                             6.3.3.6.1    Switzerland Next-Generation Refrigerant Market (by Type)
                                             6.3.3.6.2    Switzerland Next-Generation Refrigerant Market (by Application)
                6.3.3.7    Rest-of-Europe
                               6.3.3.7.1    Rest-of-Europe Next-Generation Refrigerant Market (by Type)
                               6.3.3.7.2    Rest-of-Europe Next-Generation Refrigerant Market (by Application)
         6.4    Asia-Pacific (APAC)
                  6.4.1    Asia-Pacific Next-Generation Refrigerant Market (by Type)
                  6.4.2    Asia-Pacific Next-Generation Refrigerant Market (by Application)
                  6.4.3    Asia-Pacific Next-Generation Refrigerant Market (by Country)
                              6.4.3.1    China
                                             6.4.3.1.1    China Next-Generation Refrigerant Market (by Type)
                                             6.4.3.1.2    China Next-Generation Refrigerant Market (by Application)
                              6.4.3.2    Australia and New Zealand (ANZ)
                                             6.4.3.2.1    ANZ Next-Generation Refrigerant Market (by Type)
                                             6.4.3.2.2    Australia and New Zealand Next-Generation Refrigerant Market (by Application)
                              6.4.3.3    Japan
                                             6.4.3.3.1    Japan Next-Generation Refrigerant Market (by Type)
                                             6.4.3.3.2    Japan Next-Generation Refrigerant Market (by Application)
                              6.4.3.4    India
                                             6.4.3.4.1    India Next-Generation Refrigerant Market (by Type)
                                             6.4.3.4.2    India Next-Generation Refrigerant Market (by Application)
                              6.4.3.5    South Korea
                                             6.4.3.5.1    South Korea Next-Generation Refrigerant Market (by Type)
                                             6.4.3.5.2    South Korea Next-Generation Refrigerant Market (by Application)
                              6.4.3.6    Rest-of-Asia-Pacific
                                             6.4.3.6.1    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Type)
                                             6.4.3.6.2    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Application)
         6.5    Middle East & Africa (MEA)
                  6.5.1    Middle East & Africa Next-Generation Refrigerant Market (by Type)
                  6.5.2    Middle East & Africa Next-Generation Refrigerant Market (by Application)
                  6.5.3    Middle East & Africa Next-Generation Refrigerant Market (by Country)
                              6.5.3.1    South Africa
                                             6.5.3.1.1    South Africa Next-Generation Refrigerant Market (by Type)
                                             6.5.3.1.2    South Africa Next-Generation Refrigerant Market (by Application)
                              6.5.3.2    Rest-of-MEA
                                             6.5.3.2.1    Rest-of-MEA Next-Generation Refrigerant Market (by Type)
                                             6.5.3.2.2    Rest-of-MEA Next-Generation Refrigerant Market (by Application)
         6.6    South America
                  6.6.1    South America Next-Generation Refrigerant Market (by Type)
                  6.6.2    South America Next-Generation Refrigerant Market (by Application)
                  6.6.3    South America Next-Generation Refrigerant Market (by Country)
                              6.6.3.1    Brazil
                                             6.6.3.1.1    Brazil Next-Generation Refrigerant Market (by Type)
                                             6.6.3.1.2    Brazil Next-Generation Refrigerant Market (by Application)
                              6.6.3.2    Chile
                                             6.6.3.2.1    Chile Next-Generation Refrigerant Market (by Type)
                                             6.6.3.2.2    Chile Next-Generation Refrigerant Market (by Application)
                              6.6.3.3    Colombia
                                             6.6.3.3.1    Columbia Next-Generation Refrigerant Market (by Type)
                                             6.6.3.3.2    Colombia Next-Generation Refrigerant Market (by Application)
                              6.6.3.4    Argentina
                                             6.6.3.4.1    Argentina Next-Generation Refrigerant Market (by Type)
                                             6.6.3.4.2    Argentina Next-Generation Refrigerant Market (by Application)
                              6.6.3.5    Rest-of-South America
                                             6.6.3.5.1    Rest-of-South America Next-Generation Refrigerant Market (by Type)
                                             6.6.3.5.2    Rest-of-South America Next-Generation Refrigerant Market (by Application)

7 Company Profiles

         7.1    Overview
         7.2    Harp International Ltd.
                  7.2.1    Company Overview
                  7.2.2    Role of Harp International Ltd. in the Global Next-Generation Refrigerant Market
                  7.2.3    Strengths of the Company in the Global Next-Generation Refrigerant Market
                  7.2.4    Weaknesses of the Company in the Global Next-Generation Refrigerant Market
         7.3    AGC Inc.
                  7.3.1    Company Overview
                  7.3.2    Role of AGC Inc. in the Global Next-Generation Refrigerant Market
                  7.3.3    Financials
                  7.3.4    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.3.5    Weaknesses of the Company in Global Next-Generation Refrigerant Market
         7.4    Arkema SA
                  7.4.1    Company Overview
                  7.4.2    Role of Arkema SA in Global Next-Generation Refrigerant Market
                  7.4.3    Financials
                  7.4.4    Strengths of the Company in the Global Next-Generation Refrigerant Market
                  7.4.5    Weaknesses of the Company in the Global Next-Generation Refrigerant Market
         7.5    Daikin Industries, Ltd.
                  7.5.1    Company Overview
                  7.5.2    Role of Daikin Industries, Ltd. in Global Next-Generation Refrigerant Market
                  7.5.3    Financials
                  7.5.4    Strengths of the Company in the Global Next-Generation Refrigerant Market
                  7.5.5    Weaknesses of the Company in the Global Next-Generation Refrigerant Market
         7.6    SRF Limited
                  7.6.1    Company Overview
                  7.6.2    Role of SRF Limited in Global Next-Generation Refrigerant Market
                  7.6.3    Financials
                  7.6.4    Strengths of the Company in the Global Next-Generation Refrigerant Market
                  7.6.5    Weaknesses of the Company in the Global Next-Generation Refrigerant Market
         7.7    The Chemours Company
                  7.7.1    Company Overview
                  7.7.2    Role of The Chemours Company in the Global Next-Generation Refrigerant Market
                  7.7.3    Financials
                  7.7.4    Strengths of the Company in the Global Next-Generation Refrigerant Market
                  7.7.5    Weaknesses of the Company in the Global Next-Generation Refrigerant Market
         7.8    The Linde Group
                  7.8.1    Company Overview
                  7.8.2    Role of The Linde Group in the Global Next-Generation Refrigerant Market
                  7.8.3    Financials
                  7.8.4    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.8.5    Weaknesses of the Company in Global Next Generation Refrigerant Market
         7.9    Honeywell International Inc.
                  7.9.1    Company Overview
                  7.9.2    Role of Honeywell International Inc. in Global Next-Generation Refrigerant Market
                  7.9.3    Financials
                  7.9.4    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.9.5    Weaknesses of the Company in Global Next-Generation Refrigerant Market
        7.10   Tazzetti S.p.A.
                  7.10.1    Company Overview
                  7.10.2    Role of Tazzetti S.p.A. in Global Next-Generation Refrigerant Market
                  7.10.3    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.10.4    Weaknesses of the Company in Global Next-Generation Refrigerant Market
        Supplier and Customer Profiles
        7.11   Global Refrigerants
                  7.11.1    Company Overview
                  7.11.2    Role of Global Refrigerants in Global Next-Generation Refrigerant Market
                  7.11.3    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.11.4    Weaknesses of the Company in Global Next-Generation Refrigerant Market
        7.12   Aspen Refrigerants, Inc.
                  7.12.1    Company Overview
                  7.12.2    Role of Aspen Refrigerants, Inc. in Global Next-Generation Refrigerant Market
                  7.12.3    Strengths of the Company in Global Next-Generation Refrigerant Market
                  7.12.4    Weaknesses of the Company in Global Next-Generation Refrigerant Market
        7.13   Carrier Corporation
                  7.13.1    Company Overview
                  7.13.2    Role of Carrier Corporation in Global Next-Generation Refrigerant Market
        7.14   Trane Inc.
                  7.14.1    Company Overview
                  7.14.2    Role of Trane Inc. in Global Next-Generation Refrigerant Market
        7.15   Panasonic Corporation
                  7.15.1    Company Overview
                  7.15.2    Role of Panasonic Corporation in Global Next-Generation Refrigerant Market
                  7.15.3    Financials
        7.16   Samsung Electronics Co., Ltd.
                  7.16.1    Company Overview
                  7.16.2    Role of Samsung Electronics Co., Ltd. in Global Next-Generation Refrigerant Market
                  7.16.3    Financials

8 List of Other Players in the Market (Manufacturers and Suppliers)

List of Other Players in the Market (Manufacturers and Suppliers)

9 Report Scope and Methodology

         9.1    Report Scope
         9.2    Global Next-Generation Refrigerant Market Research Methodology
                  9.2.1    Assumptions
                  9.2.2    Limitations
                  9.2.3    Primary Data Sources
                  9.2.4    Secondary Data Sources
                  9.2.5    Data Triangulation

List of Tables

Table 1:    Global Next-Generation Refrigerant Market Snapshot, 2018 and 2029
Table 1.1:    Impact Analysis of Drivers
Table 1.2:    Refrigerants and their Respective ODP & GWP
Table 1.3:    Environment-Friendly Refrigerants and their Respective ODP & GWP
Table 1.4:    Impact Analysis of Restraints
Table 1.5:    Refrigerants and their Safety Group
Table 2.1:    Key Business Expansion Activities (2016-19)
Table 2.2:    Partnerships, Agreements, & Collaborations (2016-19)
Table 2.3:    Key Mergers & Acquisitions (2016-2019)
Table 2.4:    Key Product Launches (2016-2019)
Table 2.5:    Key Other Developments (2016-2019)
Table 3.1:    Key factors in Determining “Threat from New Entrants” in Next-Generation Refrigerant Market
Table 3.2:    Key Factors in Determining “Bargaining Power of Buyers” in the Next-Generation Refrigerant Market
Table 3.3:    Key Factors in Determining “Bargaining Power of Suppliers” in Next-Generation Refrigerant Market
Table 3.4:    Key Factors in Determining “Rivalry Among Existing Firms” in Next-Generation Refrigerant Market
Table 3.5:    Phase Down Criteria of HFCs According to the Montreal Protocol
Table 3.6:    List of Developed Countries (Article 2)
Table 3.7:    List of Developing Countries (Article 5)
Table 3.8:    Chronological Order of Amendments Signed Under the Montreal Protocol
Table 4.1:    Global Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 4.2:    Global Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 4.3:    Effect of Natural Refrigerant on Environment
Table 5.1:    Global Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 5.2:    Global Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.1:    Global Next-Generation Refrigerant Market (by Region), $Billion, 2018-2029
Table 6.2:    Global Next-Generation Refrigerant Market (by Region), Kilotons, 2018-2029
Table 6.3:    North America Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.4:    North America Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.5:    North America Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.6:    North America Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.7:    North America Next-Generation Refrigerant Market (by Country), $Billion, 2018-2029
Table 6.8:    U.S. Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.9:    U.S. Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.10:    U.S. Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.11:    U.S. Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.12:    Targets of Canada for Refrigerant to be Used in End-Use Industries
Table 6.13:    Canada Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.14:    Canada Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.15:    Canada Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.16:    Canada Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.17:    Kigali Amendment Roadmap for Mexico
Table 6.18:    Mexico Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.19:    Mexico Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.20:    Mexico Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.21:    Mexico Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.22:    EU F-Gas HFC Phase-Down Schedule
Table 6.23:    EU F-Gas Regulation Bans on Use of HFCs in New Equipment Applications
Table 6.24:    Europe Next-Generation Refrigerant Market (by Type), $Million,  2018-2029
Table 6.25:    Europe Next-Generation Refrigerant Market (by Type), Kilotons,  2018-2029
Table 6.26:    Europe Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.27:    Europe Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.28:    Europe Next-Generation Refrigerant Market (by Country), $Billion,  2018-2029
Table 6.29:    Europe Next-Generation Refrigerant Market (by Country), Kilotons,  2018-2029
Table 6.30:    Germany Next-Generation Refrigerant Market (by Type), $Million,  2018-2029
Table 6.31:    Germany Next-Generation Refrigerant Market (by Type), Kilotons,  2018-2029
Table 6.32:    Germany Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.33:    Germany Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.34:    Italy Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.35:    Italy Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.36:    Italy Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.37:    Italy Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.38:    France Next-Generation Refrigerant Market (by Type), $Million,  2018-2029
Table 6.39:    France Next-Generation Refrigerant Market (by Type), Kilotons,  2018-2029
Table 6.40:    France Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.41:    France Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.42:    U.K. Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.43:    U.K. Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.44:    U.K. Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.45:    U.K. Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.46:    Scandinavian Countries Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.47:    Scandinavian Countries Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.48:    Scandinavian Countries Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.49:    Scandinavian Countries Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.50:    Switzerland Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.51:    Switzerland Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.52:    Switzerland Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.53:    Switzerland Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.54:    Rest-of-Europe Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.55:    Rest-of-Europe Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.56:    Rest-of-Europe Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.57:    Rest-of-Europe Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.58:    Asia-Pacific Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.59:    Asia-Pacific Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.60:    Asia-Pacific Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.61:    Asia-Pacific Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.62:    Asia-Pacific Next-Generation Refrigerant Market (by Country), $Billion, 2018-2029
Table 6.63:    Asia-Pacific Next-Generation Refrigerant Market (by Country), Kilotons, 2018-2029
Table 6.64:    Refrigerants Options per Application
Table 6.65:    China Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.66:    China Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.67:    China Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.68:    China Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.69:    HFCs Listed for Phase-Down under Kigali Amendment in Australia
Table 6.70:    ANZ Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.71:    ANZ Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.72:    ANZ Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.73:    ANZ Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.74:    GWP and Year Targets for End-Use Applications in Japan
Table 6.75:    Japan Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.76:    Japan Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.77:    Japan Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.78:    Japan Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.79:    India Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.80:    India Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.81:    India Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.82:    India Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.83:    South Korea Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.84:    South Korea Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.85:    South Korea Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.86:    South Korea Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.87:    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.88:    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.89:    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.90:    Rest-of-Asia-Pacific Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.91:    Middle East & Africa Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.92:    Middle East & Africa Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.93:    MEA Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.94:    MEA Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.95:    South Africa Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.96:    South Africa Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.97:    South Africa Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.98:    South Africa Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.99:    Rest-of-MEA Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.100:    Rest-of-MEA Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.101:    Rest-of-MEA Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.102:    Rest-of-MEA Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.103:    South America Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.104:    South America Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.105:    South America Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.106:    South America Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.107:    South America Next-Generation Refrigerant Market (by Country), $Billion, 2018-2029
Table 6.108:    South America Next-Generation Refrigerant Market (by Country), Kilotons, 2018-2029
Table 6.109:    Brazil Next-Generation Refrigerant Market (by Type), $Million,  2018-2029
Table 6.110:    Brazil Next-Generation Refrigerant Market (by Type), Kilotons,  2018-2029
Table 6.111:    Brazil Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.112:    Brazil Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.113:    Chile Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.114:    Chile Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.115:    Chile Next-Generation Refrigerant Market (by Application), $Billion,  2018-2029
Table 6.116:    Chile Next-Generation Refrigerant Market (by Application), Kilotons,  2018-2029
Table 6.117:    Colombia Next-Generation Refrigerant Market (by Type), $Million,  2018-2029
Table 6.118:    Colombia Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.119:    Colombia Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.120:    Colombia Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.121:    Argentina Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.122:    Argentina Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.123:    Argentina Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.124:    Argentina Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029
Table 6.125:    Rest-of-South America Next-Generation Refrigerant Market (by Type), $Million, 2018-2029
Table 6.126:    Rest-of-South America Next-Generation Refrigerant Market (by Type), Kilotons, 2018-2029
Table 6.127:    Rest-of-South America Next-Generation Refrigerant Market (by Application), $Billion, 2018-2029
Table 6.128:    Rest-of-South America Next-Generation Refrigerant Market (by Application), Kilotons, 2018-2029

List of Figures

Figure 1:    Regulations Promoting the Use of Refrigerants
Figure 2:    Global Next-Generation Refrigerant Market (by Type), Kilotons, 2018, 2019, and 2029
Figure 3:    Global Next-Generation Refrigerant Market (by Application), 2018, 2019 and 2029
Figure 4:    Global Next-Generation Refrigerant Market (by Region), 2018
Figure 1.1:    Market Dynamics: Global Next-Generation Refrigerant Market
Figure 1.2:    Government Regulations Against Traditional Refrigerants
Figure 1.3:    ASHRAE Safety Standard Classification
Figure 2.1:    Strategies Adopted by the Key Players
Figure 2.2:    Share of Key Market Strategies and Developments, 2016-2019
Figure 2.3:    Global Next-Generation Refrigerant Market Share Analysis 2018
Figure 3.1:    Global Next-Generation Refrigerant Market Supply Chain
Figure 3.2:    Global Next-Generation Refrigerant Porter’s Five Forces Analysis
Figure 3.3:    Potential Trade Routes for Illegal HFCs Smuggling in European Union
Figure 3.4:    HFCs Production/Consumption Reduction Schedule
Figure 3.5:    HCFC Phase-Out Timeline in Accordance with European Standards and the Montreal Protocol
Figure 4.1:    Global Next-Generation Refrigerant Market (by Type)
Figure 4.2:    Global Next-Generation Refrigerant Market (by Type), 2018, 2019, and 2029
Figure 4.3:    Global Next-Generation Refrigerant Market for HFCs, $Billion and Kilotons, 2018-2029
Figure 4.4:    Global Next-Generation Refrigerant Market for Natural Refrigerants, $Billion and Kilotons, 2018-2029
Figure 4.5:    Types of Hydrocarbons
Figure 4.6:    Types of HFOs
Figure 4.7:    Global Next-Generation Refrigerant Market, for HFOs, $Billion and Kilotons, 2018-2029
Figure 5.1:    Global Next-Generation Refrigerant Market (by Application)
Figure 5.2:    Global Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 5.3:    Global Next-Generation Refrigerant Market for Refrigeration Application, 2018-2029
Figure 5.4:    Global Next-Generation Refrigerant Market for Air Conditioning Application, 2018-2029
Figure 5.5:    End-Use Industries Market of Heat Pumps
Figure 5.6:    Global Next-Generation Refrigerant Market for Heat Pump Application,  2018-2029
Figure 6.1:    Global Next-Generation Refrigerant Market – Regional Segmentation
Figure 6.2:    Global Next-Generation Refrigerant Market (by Region), $Billion, 2018 and 2029
Figure 6.3:    North America Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.4:    North America Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 6.5:    North America Next-Generation Refrigerant Market (by Country), $Billion, 2018 and 2029
Figure 6.6:    U.S. Next-Generation Refrigerant Market, $Billion, Kilotons, 2018-2029
Figure 6.7:    Canada Next-Generation Refrigerant Market, $Billion, Kilotons, 2018-2029
Figure 6.8:    Mexico Next-Generation Refrigerant Market, $Billion, Kilotons, 2018-2029
Figure 6.9:    Europe Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.10:    Europe Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 6.11:    Europe Next-Generation Refrigerant Market (by Country), $Billion,  2018 and 2029
Figure 6.12:    Germany Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.13:    Italy Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.14:    France Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.15:    U.K. Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.16:    Scandinavian Countries Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.17:    Switzerland Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.18:    Rest-of-Europe Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.19:    Asia-Pacific Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.20:    Asia-Pacific Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 6.21:    Asia-Pacific Next-Generation Refrigerant Market (by Country), $Billion, 2018 and 2029
Figure 6.22:    The HCFC Phase-Out and the HFC Phase-Down for China
Figure 6.23:    China Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.24:    ANZ Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.25:    Japan Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.26:    India Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.27:    South Korea Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.28:    Rest-of-Asia-Pacific Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.29:    Middle East & Africa Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.30:    Middle East & Africa Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 6.31:    Middle East & Africa Next-Generation Refrigerant Market (by Country), $Billion, 2018 and 2029
Figure 6.32:    South Africa Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.33:    Rest-of-MEA Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.34:    South America Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.35:    South America Next-Generation Refrigerant Market (by Application), $Billion, 2018 and 2029
Figure 6.36:    South America Next-Generation Refrigerant Market (by Country), $Billion, 2018 and 2029
Figure 6.37:    Brazil Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.38:    Chile Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.39:    Colombia Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.40:    Argentina Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 6.41:    Rest-of-South America Next-Generation Refrigerant Market, $Billion and Kilotons, 2018-2029
Figure 7.1:    Harp International Ltd.: Overall Product Portfolio
Figure 7.2:    AGC Inc.: Product Portfolio
Figure 7.3:    AGC Inc.: Overall Financials, 2016-2018
Figure 7.4:    AGC Inc.: Net Revenue (by Region), 2016-2018
Figure 7.5:    AGC Inc.: Net Revenue (by Business Segment), 2016-2018
Figure 7.6:    Arkema SA: Product Portfolio
Figure 7.7:    Arkema SA: Overall Financials, 2016-2018
Figure 7.8:    Arkema SA: Net Revenue (by Region), 2016-2018
Figure 7.9:    Arkema SA: Net Revenue (by Business Segment), 2016-2018
Figure 7.10:    Daikin Industries, Ltd.: Product Portfolio
Figure 7.11:    Daikin International, Ltd.: Overall Financials, 2017-2019
Figure 7.12:    Daikin International, Inc.: Net Revenue (by Region), 2017-2019
Figure 7.13:    Daikin International, Ltd.: Net Revenue (by Business Segment), 2017-2019
Figure 7.14:    SRF Limited: Product Portfolio
Figure 7.15:    SRF Limited: Overall Financials, 2017-2019
Figure 7.16:    SRF Limited: Net Revenue (by Region), 2018-2019
Figure 7.17:    SRF Limited: Net Revenue (by Business Segment), 2018-2019
Figure 7.18:    The Chemours Company: Product Portfolio
Figure 7.19:    The Chemours Company: Overall Financials, 2016-2018
Figure 7.20:    The Chemours Company: Net Revenue (by Region), 2016-2018
Figure 7.21:    The Chemours Company: Net Revenue (by Business Segment), 2016-2018
Figure 7.22:    The Linde Group: Product Portfolio
Figure 7.23:    The Linde Group: Overall Financials, 2015-2017
Figure 7.24:    The Linde Group: Net Revenue (by Region), 2015-2017
Figure 7.25:    The Linde Group: Net Revenue (by Business Segment), 2015-2017
Figure 7.26:    Honeywell International Inc.: Product Portfolio
Figure 7.27:    Honeywell International Inc.: Overall Financials, 2016-2018
Figure 7.28:    Honeywell International Inc.: Net Revenue (by Region), 2016-2018
Figure 7.29:    Honeywell International Inc.: Net Revenue (by Business Segment), 2016-2018
Figure 7.30:    Tazzetti S.p.A.: Overall Product Portfolio
Figure 7.31:    Global Refrigerants: Overall Product Portfolio
Figure 7.32:    Aspen Refrigerants, Inc.: Overall Product Portfolio
Figure 7.33:    Carrier Corporation: Overall Product Portfolio
Figure 7.34:    Trane Inc.: Overall Product Portfolio
Figure 7.35:    Panasonic Corporation: Product Portfolio
Figure 7.36:    Panasonic Corporation: Overall Financials, 2017-2019
Figure 7.37:    Panasonic Corporation: Net Revenue (by Region), 2017-2019
Figure 7.38:    Panasonic Corporation: Net Revenue (by Business Segment), 2017-2019
Figure 7.39:    Samsung Electronics Co., Ltd.: Product Portfolio
Figure 7.40:    Samsung Electronics Co., Ltd.: Overall Financials, 2016-2018
Figure 7.41:    Samsung Electronics Co., Ltd.: Net Revenue (by Region), 2016-2018
Figure 7.42:    Samsung Electronics Co., Ltd.: Net Revenue (by Business Segment), 2016-2018
Figure 9.1:    Global Next-Generation Refrigerant Market Coverage
Figure 9.2:    Segmentation Covered in the Global Next-Generation Refrigerant Market
Figure 9.3:    Report Design
Figure 9.4:    Primary Interviews (by Player, Designation, and Region)
Figure 9.5:    Sources of Secondary Research
Figure 9.6:    Data Triangulation

15+

Companies-Reached

270+

Research Hours

152+

Tables

117+

Figures

261+

Pages

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