The report "Europe Refrigerants Market by Type (HFC & Blends, HFC, Isobutane, Propane, Ammonia, Carbon Dioxide), Application (Refrigeration System, Air Conditioning System, Chillers, and Mobile Air Conditioning) - Forecast to 2030" is projected to reach USD 2.12 billion by 2030 from USD 1.54 billion in 2024, at a CAGR of 6.30% between 2025 and 2030.
Browse 140 market data Tables and 65 Figures spread through 210 Pages and in-depth TOC on "Europe Refrigerants Market by Type (HFC & Blends, HFC, Isobutane, Propane, Ammonia, Carbon Dioxide), Application (Refrigeration System, Air Conditioning System, Chillers, and Mobile Air Conditioning) - Forecast to 2030"
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The Europe refrigerants market is growing steadily, supported by strict environmental regulations, rapid modernization of HVAC systems, and the strong development of commercial buildings, cold-chain logistics, and industrial refrigeration across countries such as Germany, France, Italy, the UK, Spain, and Turkey. The growing demand for energy-efficient and climate-friendly cooling solutions is transforming market fundamentals across the region. The shift toward low-GWP, sustainable, and next-generation refrigerants is accelerating due to the EU F-Gas Phase-Down, growing heat pump installations, expanding supermarket refrigeration, and increasing demand for efficient air conditioning systems. This transition is driving the adoption of new technologies, including HFOs, CO2 systems, ammonia-based refrigeration, and hydrocarbon refrigerants such as propane and isobutane. These refrigerants offer higher energy efficiency, stronger cooling performance, and a significantly lower environmental impact than traditional HFCs. As Europe continues to adopt greener cooling technologies, particularly in Germany, France, Italy, and the Nordic countries, the demand for low-GWP refrigerants is expected to rise significantly through 2030.
By type, HFOs are estimated to be the fastest-growing refrigerant segment during the forecast period.
HFOs are the fastest-growing refrigerant type in Europe, supported by their ultra-low GWP, strong energy efficiency, and compliance with the EU F-Gas Phase-Down. Their rapid adoption is driven by Europe’s strict environmental rules, increasing sustainability targets, and the industry shift away from high-GWP HFCs. Markets such as Germany, France, Italy, and the UK are witnessing strong HFO penetration due to their suitability for modern AC systems, heat pumps, commercial refrigeration, and chillers. The push toward green buildings, sustainable cold-chain systems, and high-efficiency HVAC equipment further strengthens the demand for this next-generation refrigerant.
By application, air conditioning systems are projected to be the fastest-growing segment in Europe during the forecast period.
AC systems are the fastest-growing segment in the Europe refrigerants market, influenced by rising urbanization, more frequent heatwaves, significant growth in commercial real estate, and a high adoption rate of energy-efficient HVAC systems. AC systems, including split ACs, VRFs, ducted packaged units, and rooftop ACs, are increasingly shifting to HFOs and low-GWP blends to comply with tightening EU regulations. Their high energy efficiency, low climate impact, and strong cooling performance make them the preferred choice for both new installations and retrofits.
By country, Turkey is expected to witness the highest growth rate in the Europe refrigerants market between 2025 and 2030
Turkey is projected to record the fastest growth in the Europe refrigerants market, driven by rapid urbanization, rising disposable incomes, expansion of the construction sector, and strong adoption of commercial and residential AC systems. The country’s booming retail sector, increasing investments in the cold chain, and growth in automotive production are further supporting demand for both traditional and low-GWP refrigerants. Germany remains the largest market in Europe, supported by its robust industrial base, advanced manufacturing capabilities, extensive supermarket refrigeration networks, and world-leading HVAC and automotive industries. Other major markets, such as the UK, France, Italy, Spain, and Russia, continue to grow steadily due to the ongoing modernization of HVAC systems, the expansion of commercial infrastructure, and the growing shift toward sustainable refrigerant solutions.
The key players profiled in the report include Chemours (US), Honeywell (US), Arkema (France), Linde plc (Ireland), Daikin Industries Ltd. (Japan), AGC (US), and Dongyue Group Limited (China).
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