Europe Inorganic Refrigerant Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.7 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
The Europe Inorganic Refrigerant Market is gaining traction as industries across various sectors shift towards more sustainable and eco-friendly cooling solutions. With the ongoing demand for energy-efficient and environmentally responsible alternatives to traditional refrigerants, inorganic refrigerants such as ammonia, carbon dioxide (CO2), and water are becoming the preferred choice. This shift is primarily driven by strict regulations on greenhouse gas emissions and the need for compliance with environmental policies like the EU’s F-Gas Regulation. Inorganic refrigerants have the advantage of low global warming potential (GWP), making them suitable for industries aiming to meet sustainability goals.
In particular, ammonia refrigerants are widely used in large-scale industrial refrigeration systems due to their high efficiency and low environmental impact. Ammonia is commonly utilized in the food processing and cold storage sectors, where energy efficiency is a priority. Carbon dioxide (CO2), another inorganic refrigerant, has seen growing adoption in commercial refrigeration applications, including supermarkets and cold chains, thanks to its non-toxic, non-flammable properties and excellent thermodynamic performance. Water-based refrigerants are also emerging as alternatives in smaller-scale applications, particularly in air conditioning and residential cooling systems.
Several industries in Europe are requiring inorganic refrigerants to meet their cooling demands, driven by both environmental and operational factors. The food and beverage industry, for instance, has been particularly active in adopting ammonia systems for refrigeration. Additionally, the transportation sector is integrating CO2 systems to maintain temperature-controlled logistics. The growing preference for these refrigerants is also influenced by the rising awareness of their lower environmental impact compared to traditional synthetic refrigerants, which have higher GWPs.
As Europe continues to prioritize sustainability, the demand for inorganic refrigerants is expected to grow across various industries. Manufacturing sectors, particularly those involved in large-scale cooling processes, are focusing on the efficiency and long-term cost benefits of inorganic systems. This market shift signifies a broader transformation in the refrigeration industry, as more companies seek innovative solutions that reduce their carbon footprint while maintaining operational performance.
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Air Liquide (Airgas Refrigerants Inc.)
Linde Group
Dongyue Group
Chemours Company
Sinochem Corporation
Harp International
Gas Servei S.A
Refrigerant Solutions
Mexichem S.A.B. De C.V
Asahi Glass
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Inorganic Refrigerant Market
Ammonia (NH3)
Carbon Dioxide (CO2)
Water (H2O)
Air
Residential Cooling
Commercial Refrigeration
Industrial Refrigeration
Aerospace and Automotive
Chillers
Heat Pumps
Split Systems
Industrial Refrigeration Systems
Single Component Refrigerants
Blended Refrigerants
Binary Mixtures
Custom Formulated Refrigerants
Direct Recovery Systems
Reclamation Processes
Destruction Methods
Alternative Green Solutions
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Inorganic Refrigerant Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Inorganic Refrigerant Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Inorganic Refrigerant Market, By Type
6. Europe Inorganic Refrigerant Market, By Application
7. Europe Inorganic Refrigerant Market, By Geography
Europe
Germany
UK
France
8. Europe Inorganic Refrigerant Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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