Europe Refrigerant Market to 2032
Overview
The Europe Refrigerant Market is expected to reach a 10.12 USD Billion by 2032 and is projected to grow at a CAGR of 4.94% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.96
Forecast, 2032 (USD Billion)
10.12
CAGR, 2024 - 2032
4.94%
Report Coverage
Europe
Europe Refrigerant Market 2018-2032 USD Billion
Europe Refrigerant Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.96 USD Billion
- Projected Market Size (2032): 10.12 USD Billion
- CAGR (2025-2032): 4.94%
Key Findings of Europe Refrigerant Market
- The Europe Refrigerant Market was valued at 10.12 USD Billion in 2024.
- The Europe Refrigerant Market is likely to grow at a CAGR of 4.94% 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 4.45 USD Billion
- The fastest growing segment Air Conditioning in Application Segment grew Fastest with a CAGR of 5.19% during the forecast period from 2024 to 2032.
Europe Refrigerant Market Scope
Europe Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerants
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Europe Refrigerant Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.96 USD Billion |
| Market Value in 2032 | 10.12 USD Billion |
| CAGR (2025-2032) | 4.94% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,End Use,Application,GWP Category |
Regional Insights:
-
Leading Market (2024-2032): Europe, leading in terms of revenue 6.96 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 945.23 USD Million in 2024.
Segments and Scope
-
Europe Refrigerant Market to 2032, By Product
- Fluorocarbon Refrigerant is the largest segment in Europe Refrigerant Market to 2032 with a revenue of 3.55 USD Billion in the year 2024.
- Fluorocarbon Refrigerant is the Fastest growing segment in Europe Refrigerant Market to 2032 with a Growth rate of 5.11 % in forecast period 2025-2032.
-
Europe Refrigerant Market to 2032, By End Use
- Commercial Refrigeration is the largest segment in Europe Refrigerant Market to 2032 with a revenue of 4.45 USD Billion in the year 2024.
- Commercial Refrigeration is the Fastest growing segment in Europe Refrigerant Market to 2032 with a Growth rate of 5.03 % in forecast period 2025-2032.
-
Europe Refrigerant Market to 2032, By Application
- Air Conditioning is the largest segment in Europe Refrigerant Market to 2032 with a revenue of 3.21 USD Billion in the year 2024.
- Air Conditioning is the Fastest growing segment in Europe Refrigerant Market to 2032 with a Growth rate of 5.19 % in forecast period 2025-2032.
-
Europe Refrigerant Market to 2032, By GWP Category
- High-GWP Refrigerants is the largest segment in Europe Refrigerant Market to 2032 with a revenue of 3.89 USD Billion in the year 2024.
- Low-GWP Refrigerants is the Fastest growing segment in Europe Refrigerant Market to 2032 with a Growth rate of 4.85 % in forecast period 2025-2032.
Europe Refrigerant Market Company Share Analysis
| Company Name |
|
||
| The Chemours Company | |||
| Air Liquide | |||
| Honeywell International Inc. | |||
| Arkema | |||
| Linde PLC | |||
Europe Refrigerant Market Geographical Sales Distribution, 2018-2032 USD Billion
Europe Refrigerant Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Europe Refrigerant Market is segmented based on Segmentation Product,End Use,Application,GWP Category.
Europe Refrigerant Market was valued at USD 6.96(Revenue in USD Billion) in 2024.
Europe Refrigerant Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The Commercial Refrigeration segment is expected to dominate the Europe Refrigerant Market, holding a largest market share of 4.45 USD Billion in 2024
Europe Refrigerant Market Scope
Europe Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerants
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Frequently Asked Questions
The Europe Refrigerant Market is segmented based on Segmentation Product,End Use,Application,GWP Category.
Europe Refrigerant Market was valued at USD 6.96(Revenue in USD Billion) in 2024.
Europe Refrigerant Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Refrigerant Market for final year is USD 10.12 (USD Billion).
Europe Refrigerant Market Company Profiling
Frequently Asked Questions
The Europe Refrigerant Market is segmented based on Segmentation Product,End Use,Application,GWP Category.
Europe Refrigerant Market was valued at USD 6.96(Revenue in USD Billion) in 2024.
Europe Refrigerant Market is projected to grow at a CAGR of 4.94% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Refrigerant Market for final year is USD 10.12 (USD Billion).
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.