냉매 R32 시장 규모는 2023년에 69억 8,000만 달러로, 예측 기간(2025-2032년)의 CAGR은 6.5%로, 2024년 74억 3,000만 달러에서 2032년에는 123억 달러까지 성장할 전망입니다.
R&D 투자 증가, 신규 진출기업의 출현, 혁신적인 제품 출시, 기존 기업간 경쟁 심화 등으로 시장이 성장하고 있습니다. 인도의 R32 에어컨 실증 시험 등 정부의 지원 정책은 현지 제조업체의 첨단 냉매 채택을 장려함으로써 이러한 성장을 더욱 촉진하고 있습니다. 다이킨이 태국과 말레이시아 정부와 협력하고 있는 것은 이러한 추세를 잘 보여주고 있습니다. R32 냉매를 사용하면 R-22나 R-410A에 비해 전력 소비를 약 10% 절감하고 지구 온난화 계수를 1/3로 줄일 수 있습니다. 또한 가처분 소득 증가와 고급 제품에 대한 수요는 시장 개발을 더욱 촉진하고 업계 이해 관계자들에게 새로운 기회를 가져올 것으로 예상됩니다.
Refrigerant R32 Market size was valued at USD 6.98 billion in 2023 and is poised to grow from USD 7.43 billion in 2024 to USD 12.3 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).
The market is experiencing growth due to rising investments in research and development, the emergence of new entrants, innovative product launches, and intensified competition among existing players. Supportive government policies, such as India's verification tests for R32 air conditioners, further facilitate this growth by encouraging local manufacturers to adopt advanced refrigerants. Daikin's engagement with governments in Thailand and Malaysia highlights this trend. The adoption of R32 refrigerants, which offer approximately 10% reduced electricity consumption and one-third lower global warming potential than R-22 and R-410A, is being driven by increasing consumer awareness. Additionally, rising disposable incomes and a demand for premium products are expected to fuel further market development and open new opportunities for industry stakeholders.
Top-down and bottom-up approaches were used to estimate and validate the size of the Refrigerant R32 market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Refrigerant R32 Market Segments Analysis
Global Refrigerant R32 Market is segmented by Type, Application, End User, Distribution Channel and region. Based on Type, the market is segmented into Pure R32 and Mixed R32. Based on Application, the market is segmented into Residential Air Conditioning, Commercial Air Conditioning, Industrial Refrigeration, Automotive Air Conditioning and Others. Based on End User, the market is segmented into HVAC, Automotive, Industrial and Others. Based on Distribution Channel, the market is segmented into Direct Sales, Distributors, Online Sales and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Refrigerant R32 Market
The demand for refrigerant R32 is being significantly driven by the pharmaceutical industry's need for low temperatures essential for the transportation and storage of drugs. This uptick in R32 utilization is closely linked to the increasing preference for biologics, alongside a rising need for specialty pharmaceuticals, insulin products, and vaccines. As the pharmaceutical sector continues to expand, particularly in emerging markets like India and China, it is expected to bolster the growth of the refrigerant R32 market. Consequently, the burgeoning pharmaceutical industry is anticipated to be a key catalyst for the R32 market during the forecast period.
Restraints in the Refrigerant R32 Market
The Refrigerant R32 market faces certain constraints, primarily stemming from the challenges associated with the storage and transportation of refrigerants, including hydrochlorofluorocarbons and hydrocarbons. Their gaseous state and high volatility complicate these processes, which can hinder market growth. Additionally, stringent government regulations aimed at promoting environmental conservation contribute to the challenges faced by the R32 market. These regulatory measures are designed to minimize the environmental impact of refrigerants, further complicating the dynamics of the industry and potentially limiting the adoption and distribution of R32 as a viable refrigerant option.
Market Trends of the Refrigerant R32 Market
The Refrigerant R32 market is experiencing a notable shift driven by the increasing preference for low-global warming potential (GWP) refrigerants in response to stringent environmental regulations. As industries seek alternatives to R410A, which has a high GWP of approximately 2,090, R32 has emerged as a viable substitute due to its significantly lower GWP of 675. This trend is particularly pronounced in the air conditioning sector, where R32's efficiency and reduced environmental impact are sought after. However, the mildly flammable nature of R32 introduces safety concerns, especially in large-scale settings like supermarkets, further fueling demand as retailers adapt their refrigerant choices for compliance and sustainability.