Belgium Refrigerant Market to 2032
Overview
The Belgium Refrigerant Market is expected to reach a 557.18 USD Million by 2032 and is projected to grow at a CAGR of 4.25% from 2025 to 2032.
Revenue, 2024 (USD Million)
404.25
Forecast, 2032 (USD Million)
557.18
CAGR, 2024 - 2032
4.25%
Report Coverage
Belgium
Belgium Refrigerant Market 2018-2032 USD Million
Belgium Refrigerant Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 404.25 USD Million
- Projected Market Size (2032): 557.18 USD Million
- CAGR (2025-2032): 4.25%
Key Findings of Belgium Refrigerant Market
- The Belgium Refrigerant Market was valued at 404.25 USD Million in 2024.
- The Belgium Refrigerant Market is likely to grow at a CAGR of 4.25% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Commercial Refrigeration in End Use Segment accounted for the largest share of the market with a revenue of 256.57 USD Million
- The fastest growing segment Air Conditioning in Application Segment grew Fastest with a CAGR of 4.55% during the forecast period from 2024 to 2032.
Belgium Refrigerant Market Scope
Belgium Refrigerant Market Segmentation & Scope
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerants
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Belgium Refrigerant Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 404.25 USD Million |
| Market Value in 2032 | 557.18 USD Million |
| CAGR (2025-2032) | 4.25% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,GWP Category,Product,End Use |
Regional Insights:
-
Leading Market (2024-2032): Belgium, leading in terms of revenue 404.25 USD Million in 2024
- Key Country: Belgium, leading in terms of revenue with value of 404.25 USD Million in 2024.
Segments and Scope
-
Belgium Refrigerant Market to 2032, By Application
- Air Conditioning is the largest segment in Belgium Refrigerant Market to 2032 with a revenue of 180.14 USD Million in the year 2024.
- Air Conditioning is the Fastest growing segment in Belgium Refrigerant Market to 2032 with a Growth rate of 4.55 % in forecast period 2025-2032.
-
Belgium Refrigerant Market to 2032, By GWP Category
- High-GWP Refrigerants is the largest segment in Belgium Refrigerant Market to 2032 with a revenue of 228.34 USD Million in the year 2024.
- Low-GWP Refrigerants is the Fastest growing segment in Belgium Refrigerant Market to 2032 with a Growth rate of 4.13 % in forecast period 2025-2032.
-
Belgium Refrigerant Market to 2032, By Product
- Fluorocarbon Refrigerant is the largest segment in Belgium Refrigerant Market to 2032 with a revenue of 201.04 USD Million in the year 2024.
- Fluorocarbon Refrigerant is the Fastest growing segment in Belgium Refrigerant Market to 2032 with a Growth rate of 4.42 % in forecast period 2025-2032.
-
Belgium Refrigerant Market to 2032, By End Use
- Commercial Refrigeration is the largest segment in Belgium Refrigerant Market to 2032 with a revenue of 256.57 USD Million in the year 2024.
- Commercial Refrigeration is the Fastest growing segment in Belgium Refrigerant Market to 2032 with a Growth rate of 4.34 % in forecast period 2025-2032.
Belgium Refrigerant Market Company Share Analysis
| Company Name |
|
||
| The Chemours Company | |||
| Air Liquide | |||
| Honeywell International Inc. | |||
| Arkema | |||
| Linde PLC | |||
Belgium Refrigerant Market Geographical Sales Distribution, 2018-2032 USD Million
Belgium Refrigerant Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Belgium Refrigerant Market is segmented based on Segmentation Application,GWP Category,Product,End Use.
Belgium Refrigerant Market was valued at USD 404.25(Revenue in USD Million) in 2024.
Belgium Refrigerant Market is projected to grow at a CAGR of 4.25% during the forecast period of 2024 to 2032.
The Commercial Refrigeration segment is expected to dominate the Belgium Refrigerant Market, holding a largest market share of 256.57 USD Million in 2024
Belgium Refrigerant Market Scope
Belgium Refrigerant Market Segmentation & Scope
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerants
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Frequently Asked Questions
The Belgium Refrigerant Market is segmented based on Segmentation Application,GWP Category,Product,End Use.
Belgium Refrigerant Market was valued at USD 404.25(Revenue in USD Million) in 2024.
Belgium Refrigerant Market is projected to grow at a CAGR of 4.25% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Refrigerant Market for final year is USD 557.18 (USD Million).
Belgium Refrigerant Market Company Profiling
Frequently Asked Questions
The Belgium Refrigerant Market is segmented based on Segmentation Application,GWP Category,Product,End Use.
Belgium Refrigerant Market was valued at USD 404.25(Revenue in USD Million) in 2024.
Belgium Refrigerant Market is projected to grow at a CAGR of 4.25% during the forecast period of 2024 to 2032.
The estimated market value of the Belgium Refrigerant Market for final year is USD 557.18 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.