Vietnam Refrigerant Market to 2032
Overview
The Vietnam Refrigerant Market is expected to reach a 269.01 USD Million by 2032 and is projected to grow at a CAGR of 5.60% from 2025 to 2032.
Revenue, 2024 (USD Million)
174.66
Forecast, 2032 (USD Million)
269.01
CAGR, 2024 - 2032
5.60%
Report Coverage
Vietnam
Vietnam Refrigerant Market 2018-2032 USD Million
Vietnam Refrigerant Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 174.66 USD Million
- Projected Market Size (2032): 269.01 USD Million
- CAGR (2025-2032): 5.60%
Key Findings of Vietnam Refrigerant Market
- The Vietnam Refrigerant Market was valued at 174.66 USD Million in 2024.
- The Vietnam Refrigerant Market is likely to grow at a CAGR of 5.60% 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 110.73 USD Million
- The fastest growing segment Air Conditioning in Application Segment grew Fastest with a CAGR of 5.87% during the forecast period from 2024 to 2032.
Vietnam Refrigerant Market Scope
Vietnam Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Vietnam Refrigerant Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2024 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 174.66 USD Million |
| Market Value in 2032 | 269.01 USD Million |
| CAGR (2025-2032) | 5.60% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,GWP Category,Application,End Use |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 174.66 USD Million in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 174.66 USD Million in 2024.
Segments and Scope
-
Vietnam Refrigerant Market to 2032, By Product
- Fluorocarbon Refrigerant is the largest segment in Vietnam Refrigerant Market to 2032 with a revenue of 88.01 USD Million in the year 2024.
- Fluorocarbon Refrigerant is the Fastest growing segment in Vietnam Refrigerant Market to 2032 with a Growth rate of 5.80 % in forecast period 2025-2032.
-
Vietnam Refrigerant Market to 2032, By GWP Category
- High-GWP Refrigerants is the largest segment in Vietnam Refrigerant Market to 2032 with a revenue of 97.96 USD Million in the year 2024.
- Low-GWP Refrigerants is the Fastest growing segment in Vietnam Refrigerant Market to 2032 with a Growth rate of 5.52 % in forecast period 2025-2032.
-
Vietnam Refrigerant Market to 2032, By Application
- Air Conditioning is the largest segment in Vietnam Refrigerant Market to 2032 with a revenue of 79.23 USD Million in the year 2024.
- Air Conditioning is the Fastest growing segment in Vietnam Refrigerant Market to 2032 with a Growth rate of 5.87 % in forecast period 2025-2032.
-
Vietnam Refrigerant Market to 2032, By End Use
- Commercial Refrigeration is the largest segment in Vietnam Refrigerant Market to 2032 with a revenue of 110.73 USD Million in the year 2024.
- Commercial Refrigeration is the Fastest growing segment in Vietnam Refrigerant Market to 2032 with a Growth rate of 5.68 % in forecast period 2025-2032.
Vietnam Refrigerant Market Company Share Analysis
| Company Name |
|
||
| The Chemours Company | |||
| AIR LIQUIDE | |||
| Arkema | |||
| DAIKIN INDUSTRIES, Ltd. | |||
| Linde PLC | |||
Vietnam Refrigerant Market Geographical Sales Distribution, 2018-2032 USD Million
Vietnam Refrigerant Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Refrigerant Market is segmented based on Segmentation Product,GWP Category,Application,End Use.
Vietnam Refrigerant Market was valued at USD 174.66(Revenue in USD Million) in 2024.
Vietnam Refrigerant Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The Commercial Refrigeration segment is expected to dominate the Vietnam Refrigerant Market, holding a largest market share of 110.73 USD Million in 2024
Vietnam Refrigerant Market Scope
Vietnam Refrigerant Market Segmentation & Scope
Product
- Hydrocarbon Refrigerant
- Inorganic Refrigerant
- Fluorocarbon Refrigerant
GWP Category
- Low-GWP Refrigerants
- High-GWP Refrigerants
Application
- Others
- Heat Pumps
- Chillers
- Refrigeration
- Air Conditioning
End Use
- Domestic/Household Refrigeration
- Industrial Refrigeration
- Commercial Refrigeration
Frequently Asked Questions
The Vietnam Refrigerant Market is segmented based on Segmentation Product,GWP Category,Application,End Use.
Vietnam Refrigerant Market was valued at USD 174.66(Revenue in USD Million) in 2024.
Vietnam Refrigerant Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Refrigerant Market for final year is USD 269.01 (USD Million).
Vietnam Refrigerant Market Company Profiling
Frequently Asked Questions
The Vietnam Refrigerant Market is segmented based on Segmentation Product,GWP Category,Application,End Use.
Vietnam Refrigerant Market was valued at USD 174.66(Revenue in USD Million) in 2024.
Vietnam Refrigerant Market is projected to grow at a CAGR of 5.60% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Refrigerant Market for final year is USD 269.01 (USD Million).
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