Europe Refrigerant Market – DataM Intelligence
“Europe Refrigerant Market is estimated to grow at a CAGR of 4.50% during the forecast period 2024-2031.” As per DataM intelligence research report
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Recent Industry Developments 2025:
✅ [2025-01-01] A stricter F-Gas quota system comes into force: under EU Regulation 2024/573, the allowable quota for F-gases (in CO2-equivalent) for 2025-2026 is sharply reduced, intensifying pressure on HFC refrigerants.
✅ [2025-01-01] New service restrictions: as per the revised F-Gas regulation, service of refrigeration equipment using virgin refrigerants with GWP > 2,500 is now banned for all plants.
✅ [2025-03 (ISH 25, March 17-21)] Daikin showcased its multi-refrigerant strategy at ISH 2025, emphasizing natural refrigerants + low-GWP options for Europe.
✅ [2025-04] Daikin’s R-290 portfolio was expanded publicly: not just chillers, but residential heat pumps + a single-split A/C unit running on R-290.
✅ [2025-04] Daikin’s 2025 refrigerant strategy (presented at ISH) emphasized “no one-size-fits-all”: they are balancing safety, energy efficiency, environmental impact, and cost to pick refrigerants depending on application.
Product launches & commercial announcements (2025):
✅ [2025-03-07] Daikin announced/showcased new R-290 (propane) modular air-to-water heat-pump prototypes and an expanding R-290 product family (Altherma 4 H and other R-290 units) aimed at European markets and ISH 2025 attendees.
✅ [2025-05-06] Arkema publicly expanded commercial availability of several lower-GWP refrigerant formulations and distribution tie-ups to improve global supply of HFO blends during the 2025 demand ramp.
✅ [2025-05-06] Chemours announced a manufacturing agreement with Navin Fluorine to produce a new liquid-cooling product an example of refrigerant / cooling chemical suppliers partnering for next-gen cooling applications in 2025.
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Key market growth drivers:
✅ EU F-gas / HFC phase-down – Regulatory quotas and progressively tighter F-gas rules are forcing substitution away from HFCs toward low-GWP alternatives (HFOs, hydrocarbons, CO2, blends), accelerating market demand for compliant refrigerants and retrofit services.
✅ Adoption of low-GWP / natural refrigerants – Manufacturers and end users are switching to lower-GWP options to meet compliance and decarbonization goals; research/market reports show faster growth rates for low-GWP refrigerant segments.
✅ Energy-efficiency & heat-pump rollout – Uptake of heat pumps, modern HVAC and high-efficiency commercial refrigeration (cold chain, supermarkets, pharma) raises refrigerant demand for new systems and servicing. (Note: sector demand faces short-term volatility e.g., uneven heat-pump adoption in 2024-25).
✅ Cold-chain expansion & industrial refrigeration – Food, pharma and logistics expansion across Europe increases the need for reliable refrigeration and low-GWP refrigerants in new installations and refits.
✅ Compliance & illicit supply risk – Enforcement gaps and smuggling of HFCs into Europe have been reported, which can distort short-term supply/pricing and create market uncertainty.
Market Major Players: The Chemours Company, Gas Servei, Gujarat Fluorochemicals Ltd., DAIKIN INDUSTRIES, Ltd. (Japan), Mexichem S.A.B. de C.V., Zhejiang Fotech International Co. Ltd., Tazzetti S.p.A., SRF Limited, Arkema, and Honeywell International, Inc.
Segment Covered in the Market:
By Type (Mineral Oils, Hydrochlorofluorocarbons(HCFCs), Chlorofluoro Carbon (CFC), Hydrofluoro Carbon (HFC), and Others)
By Application (Refrigeration Systems, Chillers, Air-Conditioning Systems, Mac, Heat Pumps, and Others)
Research Process:
Both primary and secondary data sources have been used in the Europe Refrigerant Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Most Frequently Asked Questions in the Europe Refrigerant Market Research Industry:
➠ Who leads the Europe Refrigerant industry and what’s their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Europe Refrigerant market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Europe Refrigerant market growth?
➠ What are the dominant sales and distribution strategies in the Europe Refrigerant industry?
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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends
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