The aerosol refrigerants market is forecasted to grow by USD 315.6 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the aerosol refrigerants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for refrigerators, chillers, and air conditioners, growth in e-commerce sales, and high demand for propane-based aerosol refrigerants from cold chain solutions.
Technavio's aerosol refrigerants market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.11%
CAGR
4.36%
Incremental Value
$315.6mn
By End-user
Residential
Commercial
Others
By Product
Aluminum
Steel
By Geographical Landscape
Europe
North America
APAC
South America
Middle East and Africa
This study identifies the replacement of high-gwp refrigerants with low-gwp alternatives as one of the prime reasons driving the aerosol refrigerants market growth during the next few years. Also, plastic aerosol cans gaining prominence and updated compliance requirements for refrigerant management will lead to sizable demand in the market.
The report on the aerosol refrigerants market covers the following areas:
Aerosol refrigerants market sizing
Aerosol refrigerants market forecast
Aerosol refrigerants market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading aerosol refrigerants market vendors that include A Gas International Ltd., Airosol Co. Inc., Akzo Nobel NV, Arkema Group., Baltic Refrigeration Group, Daikin Industries Ltd., Dongyue Group Ltd., E.F. International BVBA, First Continental International, Gujarat Fluorochemicals Ltd., Harp International Ltd., Honeywell International Inc., Linde Plc, National Refrigerants Ltd., Navin Fluorine International Ltd., Orbia Advance Corp. S.A.B. de C.V., Sinochem Group Co. Ltd., SRF Ltd., The Chemours Co., and Zhejiang Fotech International Co. Ltd.. Also, the aerosol refrigerants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Aerosol Refrigerants Market 2018 - 2022
Historic Market Size - Data Table on Global Aerosol Refrigerants Market 2018 - 2022 ($ million)