Singapore Refrigerant Market to 2032
Overview
The Singapore Refrigerant Market is expected to reach a 101.68 USD Million by 2032 and is projected to grow at a CAGR of 4.96% from 2025 to 2032.
Revenue, 2024 (USD Million)
69.27
Forecast, 2032 (USD Million)
101.68
CAGR, 2024 - 2032
4.96%
Report Coverage
Singapore
Singapore Refrigerant Market 2018-2032 USD Million
Singapore Refrigerant Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 69.27 USD Million
- Projected Market Size (2032): 101.68 USD Million
- CAGR (2025-2032): 4.96%
Key Findings of Singapore Refrigerant Market
- The Singapore Refrigerant Market was valued at 69.27 USD Million in 2024.
- The Singapore Refrigerant Market is likely to grow at a CAGR of 4.96% 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 44.78 USD Million
- 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.
Singapore Refrigerant Market Scope
Singapore Refrigerant Market Segmentation & Scope
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
Singapore Refrigerant Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 69.27 USD Million |
| Market Value in 2032 | 101.68 USD Million |
| CAGR (2025-2032) | 4.96% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,End Use,GWP Category,Product |
Regional Insights:
-
Leading Market (2024-2032): Singapore, leading in terms of revenue 69.27 USD Million in 2024
- Key Country: Singapore, leading in terms of revenue with value of 69.27 USD Million in 2024.
Segments and Scope
-
Singapore Refrigerant Market to 2032, By Application
- Air Conditioning is the largest segment in Singapore Refrigerant Market to 2032 with a revenue of 33.04 USD Million in the year 2024.
- Air Conditioning is the Fastest growing segment in Singapore Refrigerant Market to 2032 with a Growth rate of 5.19 % in forecast period 2025-2032.
-
Singapore Refrigerant Market to 2032, By End Use
- Commercial Refrigeration is the largest segment in Singapore Refrigerant Market to 2032 with a revenue of 44.78 USD Million in the year 2024.
- Commercial Refrigeration is the Fastest growing segment in Singapore Refrigerant Market to 2032 with a Growth rate of 5.08 % in forecast period 2025-2032.
-
Singapore Refrigerant Market to 2032, By GWP Category
- High-GWP Refrigerants is the largest segment in Singapore Refrigerant Market to 2032 with a revenue of 38.31 USD Million in the year 2024.
- Low-GWP Refrigerants is the Fastest growing segment in Singapore Refrigerant Market to 2032 with a Growth rate of 4.84 % in forecast period 2025-2032.
-
Singapore Refrigerant Market to 2032, By Product
- Fluorocarbon Refrigerant is the largest segment in Singapore Refrigerant Market to 2032 with a revenue of 36.08 USD Million in the year 2024.
- Fluorocarbon Refrigerant is the Fastest growing segment in Singapore Refrigerant Market to 2032 with a Growth rate of 5.12 % in forecast period 2025-2032.
Singapore Refrigerant Market Company Share Analysis
| Company Name |
|
||
| The Chemours Company | |||
| AIR LIQUIDE | |||
| Arkema | |||
| DAIKIN INDUSTRIES, Ltd. | |||
| Linde PLC | |||
Singapore Refrigerant Market Geographical Sales Distribution, 2018-2032 USD Million
Singapore Refrigerant Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Singapore Refrigerant Market is segmented based on Segmentation Application,End Use,GWP Category,Product.
Singapore Refrigerant Market was valued at USD 69.27(Revenue in USD Million) in 2024.
Singapore Refrigerant Market is projected to grow at a CAGR of 4.96% during the forecast period of 2024 to 2032.
The Commercial Refrigeration segment is expected to dominate the Singapore Refrigerant Market, holding a largest market share of 44.78 USD Million in 2024
Singapore Refrigerant Market Scope
Singapore Refrigerant Market Segmentation & Scope
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
Frequently Asked Questions
The Singapore Refrigerant Market is segmented based on Segmentation Application,End Use,GWP Category,Product.
Singapore Refrigerant Market was valued at USD 69.27(Revenue in USD Million) in 2024.
Singapore Refrigerant Market is projected to grow at a CAGR of 4.96% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Refrigerant Market for final year is USD 101.68 (USD Million).
Singapore Refrigerant Market Company Profiling
Frequently Asked Questions
The Singapore Refrigerant Market is segmented based on Segmentation Application,End Use,GWP Category,Product.
Singapore Refrigerant Market was valued at USD 69.27(Revenue in USD Million) in 2024.
Singapore Refrigerant Market is projected to grow at a CAGR of 4.96% during the forecast period of 2024 to 2032.
The estimated market value of the Singapore Refrigerant Market for final year is USD 101.68 (USD Million).
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