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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The hydrochlorofluorocarbon HCFC refrigerant R-22 may be found in older systems that offer a variety of cooling options for commercial buildings. However, hydrofluorocarbon HFC refrigerants are increasingly used in more recent systems.
The Global commercial AC 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-410A, R-407C, and R-134a are currently the most widely used hydrofluorocarbon HFC refrigerants for new commercial air conditioning systems in the US, however there are still a lot of R22 systems in use.
Although many of the next generation fluids are categorised as mildly flammable, they will all have lower global warming potentials GWP. The primary distinctions between refrigerants are briefly discussed here, along with some further advice on the importance of choosing the right refrigerant for the intended application.
Frequently referred to by a brand name, such as Suva 407C or Genetron 407C, R-407C refrigerant. With a GWP of 1774, the hydrofluorocarbon HFC. R-407C does not directly contribute to ozone depletion. R-407C matches R-22's operating parameters the most closely among the higher temperature HFC choices.
Due to its similar pressures to R-22, while being a high-glide refrigerant with poorer efficiency, it offers the easiest conversion.
Widespread usage of R-134a refrigerant in air conditioning and refrigeration systems worldwide. It is a hydro-fluorocarbon HFC with a GWP of 1430 that does not directly contribute to ozone depletion. It is a single-component, non-gliding refrigerant that is used in a lot of big commercial screw chillers.
R-32 refrigerant is widely used throughout the world in numerous air conditioning and refrigeration systems. It is a hydrofluorocarbon HFC with a GWP of 675 that is classified as A2L, or slightly flammable, and does not directly contribute to ozone depletion.
Worldwide, numerous air conditioning and refrigeration systems use the refrigerant R-454B. It is a hydrofluorocarbon HFC with a GWP of 466 and is classified as A2L, or weakly flammable, meaning it does not directly contribute to ozone depletion.
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 |