The market is driven by higher time-spend inside vehicles pushing demand for cabin comfort features, the growing popularity of automotive thermal systems pushing refrigerant consumption, and the rise in safety and comfort due to the adoption of HVAC systems
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The automotive refrigerant market is forecasted to grow by USD 1.80 billion during 2024-2029, accelerating at a CAGR of 9.6% during the forecast period. The report on the automotive refrigerant market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 higher time spent inside vehicles drives demand for cabin comfort features, growing popularity of automotive thermal systems boosts refrigerant consumption, and rise in safety and comfort due to adoption of HVAC systems.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The automotive refrigerant market is segmented as below:
By Vehicle Type
- Passenger car
- Commercial vehicle
By Type
- R134a
- R1234yf
- Others
By Application
- OEM
- Aftermarket
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the automotive refrigerant market covers the following areas:
- Automotive Refrigerant Market sizing
- Automotive Refrigerant Market forecast
- Automotive Refrigerant Market industry analysis
The report 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Vehicle Type
9 Market Segmentation by Type
10 Market Segmentation by Application
11 Market Segmentation by Distribution Channel
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive refrigerant market: AGC Inc., Air International Thermal Systems, Arkema, Daikin Industries Ltd., DENSO Corp., Dongyue Group Ltd., DuPont de Nemours Inc., Enviro-Safe Inc., Hanon Systems, HELLA GmbH and Co. KGaA, Hitachi Ltd., Honeywell International Inc., Johnson Electric Holdings Ltd., Linde Plc, MAHLE GmbH, National Refrigerants Inc., Sinochem Group Co. Ltd., The Chemours Co., Toyota Industries Corp., and Valeo SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing preference for r-1234yf refrigerant."
According to the report, one of the major drivers for this market is the higher time spent inside vehicles drives demand for cabin comfort features.
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 a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AGC Inc.
- Air International Thermal Systems
- Arkema
- Daikin Industries Ltd.
- DENSO Corp.
- Dongyue Group Ltd.
- DuPont de Nemours Inc.
- Enviro-Safe Inc.
- Hanon Systems
- HELLA GmbH and Co. KGaA
- Hitachi Ltd.
- Honeywell International Inc.
- Johnson Electric Holdings Ltd.
- Linde Plc
- MAHLE GmbH
- National Refrigerants Inc.
- Sinochem Group Co. Ltd.
- The Chemours Co.
- Toyota Industries Corp.
- Valeo SA