The Report Cube which is one of the leading market research company in UAE expects the Europe Refrigerant Market to grow at a CAGR of around 7.89% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the Europe Refrigerant Market and offers detailed forecasts for its potential growth during 2026–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.
Europe Refrigerant Market Overview:
Market Size (2025): USD 7.1 Billion
Market Size (2032): USD 11.2 Billion
CAGR (2026–2032): 7.89%
Top Companies in Europe Refrigerant Market: Linde PLC, Arkema, The Chemours Company, Honeywell International Inc., AIR LIQUIDE, AGC Chemicals Europe, Ltd., A-Gas International Limited, DAIKIN INDUSTRIES, Ltd, DONGYUE GROUP, Entalpia Europe
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US LiDAR Industry Recent News and Developments:
Linde PLC has invested considerably in offering clean hydrogen & other industrial gases, aligning with the industry's swing towards sustainable refrigerant solutions.
Arkema & Honeywell International Inc. are actively evolving low-GWP refrigerants to meet progressing environmental standards & customer preferences for eco-friendly products.
Key Growth Drivers of the Europe Refrigerant Market:
Driver: Rising Demand for Energy-Efficient HVAC Systems to Instigate Market Growth
The growing emphasis on energy conservation & the decrease of greenhouse gas emissions have resulted in a rise in demand for energy-efficient HVAC systems. This trend is substantially driving the Europe Refrigerant Market, as modern systems need advanced refrigerants that provide improved performance & lesser environmental impact.
Europe Refrigerant Market Segmentation
The European refrigerants market is segmented by system type, application, GWP category, end use, and country. By system, fluorocarbon, inorganic, and hydrocarbon refrigerants are widely used, with increasing focus on low-GWP alternatives due to environmental regulations. Applications include air conditioning, refrigeration, chillers, and heat pumps, reflecting diverse industrial and commercial needs. End-use segments such as commercial and industrial refrigeration, chemical & petrochemical, pharmaceuticals, food & beverage, and automotive drive market demand. Geographically, the UK, Germany, France, Italy, Spain, and Switzerland are leading markets, while other European countries show steady growth in adopting eco-friendly refrigerant solutions.
- Market Share, By Systems
- Fluorocarbon Refrigerant
- Inorganic Refrigerant
- Hydrocarbon Refrigerant
- Market Share, By Application
- Air Conditioning
- Refrigeration
- Chillers
- Heat Pumps
- Others
- Market Share, By GWP Category
- High-GWP Refrigerants
- Low-GWP Refrigerants
- Market Share, By End Use
- Commercial Refrigeration
- Industrial Refrigeration
- Chemical & Petrochemical
- Pharmaceuticals
- Food & Beverage
- Automotive
- Others
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- Market Share, By Country
- The UK
- Germany
- France
- Italy
- Spain
- Russia
- The Netherlands
- Switzerland
- Others
Note:
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About The Report Cube
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