General Construction Products & Machinery · Indirect
Monitoring · monthlyProcurement Category Intelligence
Refrigerants
Overview
Market size
$27.5B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
6 high severity
Market outlook
2031$34.3B
What changed
Demand by region
Asia Pacific demand40%
North America demand31%
Europe demand18%
Latin America demand6%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Fluorspar and Hydrogen Fluoride feedstocks35%
Energy and chemical processing25%
Regulatory compliance and quota management15%
Specialized packaging and logistics15%
Labor and plant operational overhead10%
share of delivered cost (analyst estimate)