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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Federal and provincial authorities in Canada control the use of refrigerants to ensure environmental safety and protection.Regulations like the Canadian Environmental Protection Act and the Ozone-depleting Substances and Halocarbon Alternatives Regulations, among others, control the exact types of refrigerants used in Canada.
Due to their detrimental effects on the ozone layer, Canada has been phasing out the usage of chlorofluorocarbons and hydrochlorofluorocarbons in a similar manner to worldwide trends.Alternatives that are friendlier to the environment are being used to replace these refrigerants, like R-12 and R-22.
Hydrofluorocarbons are frequently utilized as CFC and HCFC replacements.The HFC refrigerants R-134a, R-404A, and R-410A are often used in Canada.It's crucial to remember that there is growing concern about the significant global warming potential of HFCs, which has prompted initiatives on a global scale to minimize their use.
In Canada, there has been an increasing focus on natural refrigerants in recent years. Due to their lower environmental effect and increased energy efficiency, natural refrigerants like ammonia (R-717), carbon dioxide (R-744), and hydrocarbons like propane (R-290) and isobutane (R-600a) are becoming more and more popular.
In comparison to synthetic refrigerants, these refrigerants have a decreased or zero ozone depletion potential and a much lower GWP.
It is crucial for people and businesses in Canada to stay up to date on the most recent rules and regulations pertaining to the use of refrigerants and to guarantee compliance with the relevant standards established by federal and provincial authorities.
The Canada refrigerant market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
R-32, a refrigerant with one-third the Global Warming Potential (GWP) of the most popular refrigerants launched in Canada, is the key ingredient in a new home comfort product from Daikin. In comparison to its R410A predecessor line, the LV Series, the new Daikin ATMOSPHERA system from Daikin North America LLC uses R-32 refrigerant. It is a single zone, ductless system with up to 27.4 SEER, 13.8 HSPF, and 16.3 EER ratings for ultra-efficient cooling and heating.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |