South America Refrigerant Market Forecast to 2028

South America Refrigerant Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (HCFC, HFC, HFO, Isobutane, Propane, Ammonia, Carbon Dioxide, and Others) and Application (Refrigeration Systems, Chillers, Air-Conditioning Systems, MACs, and Others)

Report Code : BMIRE00025355 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 14/Jul/2022

The SAM refrigerant market is expected to grow from US$ 692.93 million in 2021 to US$ 950.13 million by 2028; it is estimated to grow at a CAGR of 4.6% from 2021 to 2028.

The use of energy-efficient cooling solutions is a major trend in the refrigerant industry in this region. Increasing average temperature due to climate change, coupled with economic growth and urbanization, is likely to boost the demand for energy-efficient refrigerants in SAM in the coming years. Refrigerants with lower warming potential help reduce total greenhouse gas emissions. The environmental effects of refrigerants on the deterioration of the ozone layer have been a major topic of discussion, and it has driven manufacturers’ attention toward the development of energy-efficient refrigerants. Ongoing technological advancements in cooling techniques, and the replacement of traditional refrigerants with natural and energy-efficient ones further support the market. Most of the energy demand is expected to grow from emerging economies where strong economic growth, increased access to marketed energy, and growing population have led to a rise in demand for energy. This has also fueled the demand for energy-efficient refrigerants to cater to emerging economies' growing need for energy. Hydrocarbons are the most energy-efficient low in cost and eco-friendly cooling substitute for fluorocarbon-based cooling equipment and processes due to their low prices and easy availability. Surging demand for energy-efficient refrigerants across the region is expected to drive the market growth.

With innovative features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM refrigerant market at a good CAGR during the forecast period.

SAM Refrigerant Market Revenue and Forecast to 2028 (US$ Million)

SAM Refrigerant Market Segmentation

The SAM refrigerant market is segmented based on type, application, and country. Based on type, SAM refrigerant market is segmented into HCFC, HFC, HFO, isobutane, propane, ammonia, carbon dioxide, and others. The HCFC segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on application, SAM refrigerant market is segmented into refrigeration system, chillers, air-conditioning systems, MACs, and others. The refrigeration system segment dominated the market in 2020 and air-conditioning systems segment is expected to be fastest growing during forecast period. Based on country, the SAM refrigerant market has been segmented into Brazil, Argentina, and rest of SAM.

AGC Inc.; AIR LIQUIDE SA; Arkema; Daikin Industries, Ltd.; Dongyue Group; Honeywell International Inc.; LINDE; Sinochem Group Co. Ltd.; and The Chemours Company are among the leading companies in the SAM refrigerant market.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Refrigerant Market, by Type

1.3.2 SAM Refrigerant, by Application

1.3.3 SAM Refrigerant Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. SAM Refrigerant Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Threat of Substitutes:

4.2.3 Bargaining Power of Buyers:

4.2.4 Bargaining Power of Suppliers:

4.2.5 Competitive Rivalry:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Refrigerant Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Demand for Refrigeration System

5.1.2 Increase in Per-capita Income in Developing Economies

5.2 Market Restraints

5.2.1 Stringent Regulation against Fluorocarbon Refrigerants

5.3 Market Opportunities

5.3.1 Growing Consumption of Eco-friendly Refrigerants

5.4 Future Trends

5.4.1 Surging Demand for Energy-efficient Refrigerants

5.5 Impact Analysis

6. Refrigerant Market – SAM Analysis

6.1 SAM Refrigerant Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Refrigerant Market Analysis – By Type

7.1 Overview

7.2 SAM Refrigerant Market, By Type (2020 and 2028)

7.3 HCFC

7.3.1 Overview

7.3.2 HCFC: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 HFC

7.4.1 Overview

7.4.2 HFC: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 HFO:

7.5.1 Overview

7.5.2 HFO: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.6 Isobutane

7.6.1 Overview

7.6.2 Isobutane: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.7 Propane

7.7.1 Overview

7.7.2 Propane: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.8 Ammonia

7.8.1 Overview

7.8.2 Ammonia: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.9 Carbon Dioxide

7.9.1 Overview

7.9.2 Carbon Dioxide: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

7.10 Others

7.10.1 Overview

7.10.2 Others: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

8. SAM Refrigerant Market Analysis – By Application

8.1 Overview

8.2 SAM Refrigerant Market, By Application (2020 and 2028)

8.3 Refrigeration system

8.3.1 Overview

8.3.2 Refrigeration System: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Chillers

8.4.1 Overview

8.4.2 Chillers: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Air-conditioning System

8.5.1 Overview

8.5.2 Air-conditioning System: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

8.6 MACs

8.6.1 Overview

8.6.2 MACs: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

8.7 Others:

8.7.1 Overview

8.7.2 Others: Refrigerant Market – Revenue and Forecast to 2028 (US$ Mn)

9. SAM Refrigerant Market – Country Analysis

9.1 Overview

9.1.1 SAM: Refrigerant Market, by Key Country

9.1.1.1 Brazil: Refrigerant Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1 Brazil: Refrigerant Market, by Type

9.1.1.1.2 Brazil: Refrigerant Market, by Application

9.1.1.2 Argentina: Refrigerant Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1 Argentina: Refrigerant Market, by Type

9.1.1.2.2 Argentina: Refrigerant Market, by Application

9.1.1.3 Rest of SAM: Refrigerant Market–Revenue and Forecast to 2028 US$ Million)

9.1.1.3.1 Rest of SAM: Refrigerant Market, by Type

9.1.1.3.2 Rest of SAM: Refrigerant Market, by Application

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 The Chemours Company

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Arkema

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Honeywell International Inc.

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Dongyue Group

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 LINDE

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 AIR LIQUIDE SA

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 Sinochem Group Co. Ltd.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Daikin Industries, Ltd.

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 AGC Inc.

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1.             SAM Refrigerant Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Refrigerant Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 3.             Brazil Refrigerant Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             Argentina Refrigerant Market, by Type Revenue and Forecast to 2028 (USD Million)

Table 5.             Argentina Refrigerant Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6.             Rest of SAM Refrigerant Market, by Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             Rest of SAM Refrigerant Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             Glossary of Terms

LIST OF FIGURES.

Figure 1.           SAM Refrigerant Market Segmentation

Figure 2.           SAM Refrigerant Market Segmentation – By Country

Figure 3.           SAM Refrigerant Market Overview

Figure 4.           SAM Refrigerant Market, By Type

Figure 5.           SAM Refrigerant Market, by Country

Figure 6.           Ecosystem: SAM Refrigerant Market

Figure 7.           Expert Opinion

Figure 8.           SAM Refrigerant Market Impact Analysis of Drivers and Restraints

Figure 9.           SAM Refrigerant Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        SAM Refrigerant Market Revenue Share, By Type (2020 and 2028)

Figure 11.        SAM HCFC: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 12.        SAM HFC: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        SAM HFO: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        SAM Isobutane: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        SAM Propane: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16.        SAM Ammonia: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        SAM Carbon Dioxide: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        SAM Others: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        SAM Refrigerant Market Revenue Share, By Application (2020 and 2028)

Figure 20.        SAM Refrigeration System: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21.        SAM Chillers: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22.        SAM Air-conditioning System: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23.        SAM MACs: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24.        SAM Others: Refrigerant Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 25.        SAM: Refrigerant Market, by Key Country – Revenue (2020) (US$ Million)

Figure 26.        SAM: Refrigerant MarketRevenue Share, by Key Country (2020 and 2028)

Figure 27.        Brazil: Refrigerant Market–Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Argentina: Refrigerant Market–Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Rest of SAM: Refrigerant Market–Revenue and Forecast to 2028 (US$ Million)

The List of Companies - South America Refrigerant Market

● AGC Inc.

● AIR LIQUIDE SA

● Arkema

● Daikin Industries, Ltd.

● Dongyue Group  

● Honeywell International Inc.

● LINDE 

● Sinochem Group Co. Ltd.  

● The Chemours Company

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM refrigerant market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM refrigerant market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the refrigerant market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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