Southeast Asia Refrigerant Market to 2032
Overview
The Southeast Asia Refrigerant Market is expected to reach a 1.78 USD Billion by 2032 and is projected to grow at a CAGR of 5.70% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.15
Forecast, 2032 (USD Billion)
1.78
CAGR, 2024 - 2032
5.70%
Report Coverage
Asia-Pacific
Southeast Asia Refrigerant Market 2018-2032 USD Billion
Southeast Asia Refrigerant Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.15 USD Billion
- Projected Market Size (2032): 1.78 USD Billion
- CAGR (2025-2032): 5.70%
Key Findings of Southeast Asia Refrigerant Market
- The Southeast Asia Refrigerant Market was valued at 1.15 USD Billion in 2024.
- The Southeast Asia Refrigerant Market is likely to grow at a CAGR of 5.70% 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 0.73 USD Billion
- The fastest growing segment Air Conditioning in Application Segment grew Fastest with a CAGR of 5.98% during the forecast period from 2024 to 2032.
Southeast Asia Refrigerant Market Scope
Southeast Asia Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
Southeast Asia Refrigerant Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.15 USD Billion |
| Market Value in 2032 | 1.78 USD Billion |
| CAGR (2025-2032) | 5.70% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,End Use,GWP Category,Application |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 1.15 USD Billion in 2024
- Key Country: Indonesia, leading in terms of revenue with value of 317.51 USD Million in 2024.
Segments and Scope
-
Southeast Asia Refrigerant Market to 2032, By Product
- Fluorocarbon Refrigerant is the largest segment in Southeast Asia Refrigerant Market to 2032 with a revenue of 579.92 USD Billion in the year 2024.
- Fluorocarbon Refrigerant is the Fastest growing segment in Southeast Asia Refrigerant Market to 2032 with a Growth rate of 5.88 % in forecast period 2025-2032.
-
Southeast Asia Refrigerant Market to 2032, By End Use
- Commercial Refrigeration is the largest segment in Southeast Asia Refrigerant Market to 2032 with a revenue of 730.58 USD Billion in the year 2024.
- Commercial Refrigeration is the Fastest growing segment in Southeast Asia Refrigerant Market to 2032 with a Growth rate of 5.79 % in forecast period 2025-2032.
-
Southeast Asia Refrigerant Market to 2032, By GWP Category
- High-GWP Refrigerants is the largest segment in Southeast Asia Refrigerant Market to 2032 with a revenue of 645.18 USD Billion in the year 2024.
- Low-GWP Refrigerants is the Fastest growing segment in Southeast Asia Refrigerant Market to 2032 with a Growth rate of 5.62 % in forecast period 2025-2032.
-
Southeast Asia Refrigerant Market to 2032, By Application
- Air Conditioning is the largest segment in Southeast Asia Refrigerant Market to 2032 with a revenue of 520.70 USD Billion in the year 2024.
- Air Conditioning is the Fastest growing segment in Southeast Asia Refrigerant Market to 2032 with a Growth rate of 5.98 % in forecast period 2025-2032.
Southeast Asia Refrigerant Market Company Share Analysis
| Company Name |
|
||
| The Chemours Company | |||
| AIR LIQUIDE | |||
| Arkema | |||
| DAIKIN INDUSTRIES, Ltd. | |||
| Linde PLC | |||
Southeast Asia Refrigerant Market Geographical Sales Distribution, 2018-2032 USD Billion
Southeast Asia Refrigerant Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Southeast Asia Refrigerant Market is segmented based on Segmentation Product,End Use,GWP Category,Application.
Southeast Asia Refrigerant Market was valued at USD 1.15(Revenue in USD Billion) in 2024.
Southeast Asia Refrigerant Market is projected to grow at a CAGR of 5.70% during the forecast period of 2024 to 2032.
The Commercial Refrigeration segment is expected to dominate the Southeast Asia Refrigerant Market, holding a largest market share of 0.73 USD Billion in 2024
Southeast Asia Refrigerant Market Scope
Southeast Asia Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
Frequently Asked Questions
The Southeast Asia Refrigerant Market is segmented based on Segmentation Product,End Use,GWP Category,Application.
Southeast Asia Refrigerant Market was valued at USD 1.15(Revenue in USD Billion) in 2024.
Southeast Asia Refrigerant Market is projected to grow at a CAGR of 5.70% during the forecast period of 2024 to 2032.
The estimated market value of the Southeast Asia Refrigerant Market for final year is USD 1.78 (USD Billion).
Southeast Asia Refrigerant Market Company Profiling
Frequently Asked Questions
The Southeast Asia Refrigerant Market is segmented based on Segmentation Product,End Use,GWP Category,Application.
Southeast Asia Refrigerant Market was valued at USD 1.15(Revenue in USD Billion) in 2024.
Southeast Asia Refrigerant Market is projected to grow at a CAGR of 5.70% during the forecast period of 2024 to 2032.
The estimated market value of the Southeast Asia Refrigerant Market for final year is USD 1.78 (USD Billion).
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