According to our (Global Info Research) latest study, the global R402B Refrigerant market size was valued at US$ 266 million in 2025 and is forecast to a readjusted size of US$ 357 million by 2032 with a CAGR of 4.3% during review period.
In 2025, global R402B refrigerant production reached approximately 19879 tons, the average price is 13000 usd/ton. R402B, also known as HP81, is an HCFC blend with a small amount of hydrocarbon included to improve mineral oil compatibility. The blend is designed to be a retrofit replacement for R502 in medium temperature refrigeration applications. Refrigerant is a substance used in refrigeration systems that undergoes phase changes from gas to liquid and vice versa to transfer heat energy. It plays a crucial role in absorbing heat from the environment to cool an area or object. Refrigerants typically have low boiling points and are capable of vaporizing at relatively low temperatures, absorbing heat in the process. They are commonly used in air conditioners, refrigerators, and other cooling systems. Refrigerants should be chemically stable, non-toxic, environmentally friendly, and have minimal impact on the ozone layer to ensure safe and sustainable cooling operations.
Market Concentration and Major Players:
Internationally, the R402B refrigerant market is highly concentrated, primarily in developed countries in Europe and America. Large manufacturers include Chemours and Honeywell. Domestically, R402B refrigerant still has significant room for development.
Manufacturing Process and Market Trends:
R402B is not a new molecule synthesized through chemical reactions. Instead, it uses high-purity R22, R125, and a small amount of propane as "ready-made components." These are precisely mixed in a controlled environment with a fixed ratio. Throughout the process, moisture and acidic impurities must be kept very low, and constant temperature and pressure must be maintained to prevent gas-liquid stratification and component drift. After mixing, residue and purity checks are performed before pressurization and sealing into pressurized steel cylinders for distribution to after-sales maintenance. Therefore, the core competitiveness of this type of product lies more in the engineering details of metering consistency, cleanliness control, and liquid phase extraction from the cylinders, rather than in the reactor process.
Its market logic also follows this "mixed + after-sales" attribute, because its original value was to provide a relatively convenient replacement path for old systems that originally ran R502, without having to immediately tear down and rebuild the compressor and piping. However, as ozone and high GWP regulations tighten the supply of HCFC-related products, the focus of new supply has gradually given way to low GWP alternative routes and natural working fluid solutions. R402B is more like a residual demand supported by the lifespan of existing equipment and the inertia of cold chain operations. The industry chain's survival mode has shifted from selling tonnage to a networked service capability centered around leak detection, recycling, regeneration, and compliance records.
This report is a detailed and comprehensive analysis for global R402B Refrigerant market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global R402B Refrigerant market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global R402B Refrigerant market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global R402B Refrigerant market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2021-2032
Global R402B Refrigerant market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for R402B Refrigerant
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global R402B Refrigerant market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Chemours (USA), Honeywell (USA), A-Gas (UK), National Refrigerants (USA), Hudson Technologies (USA), Zhejiang Sanmei Chemical(China), Zhejiang Ze China Fluorochemical(China), Rongqiang Chemical(China), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
R402B Refrigerant market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Disposable Steel Cylinders
Refillsble Steel Cylinders
Market segment by Application
Industrial Refrigeration
Commercial Refrigeration
Major players covered
Chemours (USA)
Honeywell (USA)
A-Gas (UK)
National Refrigerants (USA)
Hudson Technologies (USA)
Zhejiang Sanmei Chemical(China)
Zhejiang Ze China Fluorochemical(China)
Rongqiang Chemical(China)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe R402B Refrigerant product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of R402B Refrigerant, with price, sales quantity, revenue, and global market share of R402B Refrigerant from 2021 to 2026.
Chapter 3, the R402B Refrigerant competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the R402B Refrigerant breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and R402B Refrigerant market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of R402B Refrigerant.
Chapter 14 and 15, to describe R402B Refrigerant sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on R402B Refrigerant. Industry analysis & Market Report on R402B Refrigerant is a syndicated market report, published as Global R402B Refrigerant Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of R402B Refrigerant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.