Report Detail
Global R508B Refrigerant Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032
- RnM4737200 |
- 24 August, 2026 |
- Global |
- 89 Pages |
- GIR |
- Chemical & Material
According to our (Global Info Research) latest study, the global R508B Refrigerant market size was valued at US$ 95.40 million in 2025 and is forecast to a readjusted size of US$ 123 million by 2032 with a CAGR of 3.7% during review period.
In 2025, global sales of R508B Refrigerant were approximately 883 tons, with a mainstream ex-factory price of around USD 105/kg. The gross margin of major manufacturers in the industry was approximately 30%–45%.
R508B Refrigerant is a blended refrigerant used for ultra-low-temperature operating conditions. It is mainly composed of R23, trifluoromethane, and R116, hexafluoroethane, at a mass ratio of approximately 46% and 54%, respectively. It is an azeotropic or near-azeotropic low-temperature refrigerant with a low boiling point, non-flammability, and stable low-temperature refrigeration performance. It is mainly used to replace traditional low-temperature refrigerants such as R13 and R503. Compared with conventional air-conditioning refrigerants such as R22, R134a, and R32, R508B is not a mainstream refrigerant for mass-market refrigeration equipment, but a specialty refrigerant designed for cryogenic, ultra-low-temperature, and cascade refrigeration systems.
Its upstream mainly includes fluorinated refrigerant feedstocks such as R23 and R116, as well as high-purity gas purification, blending, filling, gas cylinders, and valve packaging systems. The midstream segment covers the blending, testing, filling, and finished-product supply of R508B Refrigerant. Downstream applications mainly include medical and life sciences, industrial testing, scientific research, aerospace, and other fields, with typical equipment including ultra-low-temperature freezers, environmental test chambers, freeze dryers, low-temperature experimental devices, and cascade refrigeration systems. As R508B is mainly used in niche cryogenic applications, the importance of recovery, reclamation, and compliant replacement demand is expected to further increase against the backdrop of environmental compliance requirements and tighter controls on high-GWP refrigerants.
This report is a detailed and comprehensive analysis for global R508B 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 R508B Refrigerant market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global R508B Refrigerant market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global R508B Refrigerant market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/kg), 2021-2032
Global R508B Refrigerant market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/kg), 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 R508B 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 R508B 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 Honeywell, Chemours, Sinochem Lantian, Rongqiang Chemical, Wuhan Sanfu New Materials Technology, Zhejiang Chuangfu Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
R508B 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
Standard Grade R508B (Purity ≥99.5%)
High-purity Grade R508B (Purity ≥99.9%)
Market segment by Source
Newly Produced R508B
Certified Reclaimed R508B
Market segment by Application
Medical and Life Sciences
Industrial Testing
Scientific Research
Aerospace
Other
Major players covered
Honeywell
Chemours
Sinochem Lantian
Rongqiang Chemical
Wuhan Sanfu New Materials Technology
Zhejiang Chuangfu Chemical
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 R508B Refrigerant product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of R508B Refrigerant, with price, sales quantity, revenue, and global market share of R508B Refrigerant from 2021 to 2026.
Chapter 3, the R508B Refrigerant competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the R508B 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 R508B 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 R508B Refrigerant.
Chapter 14 and 15, to describe R508B Refrigerant sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global R508B Refrigerant Consumption Value by Type: 2021 Versus 2025 Versus 2032
- 1.3.2 Standard Grade R508B (Purity ≥99.5%)
- 1.3.3 High-purity Grade R508B (Purity ≥99.9%)
- 1.4 Market Analysis by Source
- 1.4.1 Overview: Global R508B Refrigerant Consumption Value by Source: 2021 Versus 2025 Versus 2032
- 1.4.2 Newly Produced R508B
- 1.4.3 Certified Reclaimed R508B
- 1.5 Market Analysis by Application
- 1.5.1 Overview: Global R508B Refrigerant Consumption Value by Application: 2021 Versus 2025 Versus 2032
- 1.5.2 Medical and Life Sciences
- 1.5.3 Industrial Testing
- 1.5.4 Scientific Research
- 1.5.5 Aerospace
- 1.5.6 Other
- 1.6 Global R508B Refrigerant Market Size & Forecast
- 1.6.1 Global R508B Refrigerant Consumption Value (2021 & 2025 & 2032)
- 1.6.2 Global R508B Refrigerant Sales Quantity (2021-2032)
- 1.6.3 Global R508B Refrigerant Average Price (2021-2032)
2 Manufacturers Profiles
- 2.1 Honeywell
- 2.1.1 Honeywell Details
- 2.1.2 Honeywell Major Business
- 2.1.3 Honeywell R508B Refrigerant Product and Services
- 2.1.4 Honeywell R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.1.5 Honeywell Recent Developments/Updates
- 2.2 Chemours
- 2.2.1 Chemours Details
- 2.2.2 Chemours Major Business
- 2.2.3 Chemours R508B Refrigerant Product and Services
- 2.2.4 Chemours R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.2.5 Chemours Recent Developments/Updates
- 2.3 Sinochem Lantian
- 2.3.1 Sinochem Lantian Details
- 2.3.2 Sinochem Lantian Major Business
- 2.3.3 Sinochem Lantian R508B Refrigerant Product and Services
- 2.3.4 Sinochem Lantian R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.3.5 Sinochem Lantian Recent Developments/Updates
- 2.4 Rongqiang Chemical
- 2.4.1 Rongqiang Chemical Details
- 2.4.2 Rongqiang Chemical Major Business
- 2.4.3 Rongqiang Chemical R508B Refrigerant Product and Services
- 2.4.4 Rongqiang Chemical R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.4.5 Rongqiang Chemical Recent Developments/Updates
- 2.5 Wuhan Sanfu New Materials Technology
- 2.5.1 Wuhan Sanfu New Materials Technology Details
- 2.5.2 Wuhan Sanfu New Materials Technology Major Business
- 2.5.3 Wuhan Sanfu New Materials Technology R508B Refrigerant Product and Services
- 2.5.4 Wuhan Sanfu New Materials Technology R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.5.5 Wuhan Sanfu New Materials Technology Recent Developments/Updates
- 2.6 Zhejiang Chuangfu Chemical
- 2.6.1 Zhejiang Chuangfu Chemical Details
- 2.6.2 Zhejiang Chuangfu Chemical Major Business
- 2.6.3 Zhejiang Chuangfu Chemical R508B Refrigerant Product and Services
- 2.6.4 Zhejiang Chuangfu Chemical R508B Refrigerant Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
- 2.6.5 Zhejiang Chuangfu Chemical Recent Developments/Updates
3 Competitive Environment: R508B Refrigerant by Manufacturer
- 3.1 Global R508B Refrigerant Sales Quantity by Manufacturer (2021-2026)
- 3.2 Global R508B Refrigerant Revenue by Manufacturer (2021-2026)
- 3.3 Global R508B Refrigerant Average Price by Manufacturer (2021-2026)
- 3.4 Market Share Analysis (2025)
- 3.4.1 Producer Shipments of R508B Refrigerant by Manufacturer Revenue ($MM) and Market Share (%): 2025
- 3.4.2 Top 3 R508B Refrigerant Manufacturer Market Share in 2025
- 3.4.3 Top 6 R508B Refrigerant Manufacturer Market Share in 2025
- 3.5 R508B Refrigerant Market: Overall Company Footprint Analysis
- 3.5.1 R508B Refrigerant Market: Region Footprint
- 3.5.2 R508B Refrigerant Market: Company Product Type Footprint
- 3.5.3 R508B Refrigerant Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global R508B Refrigerant Market Size by Region
- 4.1.1 Global R508B Refrigerant Sales Quantity by Region (2021-2032)
- 4.1.2 Global R508B Refrigerant Consumption Value by Region (2021-2032)
- 4.1.3 Global R508B Refrigerant Average Price by Region (2021-2032)
- 4.2 North America R508B Refrigerant Consumption Value (2021-2032)
- 4.3 Europe R508B Refrigerant Consumption Value (2021-2032)
- 4.4 Asia-Pacific R508B Refrigerant Consumption Value (2021-2032)
- 4.5 South America R508B Refrigerant Consumption Value (2021-2032)
- 4.6 Middle East & Africa R508B Refrigerant Consumption Value (2021-2032)
5 Market Segment by Type
- 5.1 Global R508B Refrigerant Sales Quantity by Type (2021-2032)
- 5.2 Global R508B Refrigerant Consumption Value by Type (2021-2032)
- 5.3 Global R508B Refrigerant Average Price by Type (2021-2032)
6 Market Segment by Application
- 6.1 Global R508B Refrigerant Sales Quantity by Application (2021-2032)
- 6.2 Global R508B Refrigerant Consumption Value by Application (2021-2032)
- 6.3 Global R508B Refrigerant Average Price by Application (2021-2032)
7 North America
- 7.1 North America R508B Refrigerant Sales Quantity by Type (2021-2032)
- 7.2 North America R508B Refrigerant Sales Quantity by Application (2021-2032)
- 7.3 North America R508B Refrigerant Market Size by Country
- 7.3.1 North America R508B Refrigerant Sales Quantity by Country (2021-2032)
- 7.3.2 North America R508B Refrigerant Consumption Value by Country (2021-2032)
- 7.3.3 United States Market Size and Forecast (2021-2032)
- 7.3.4 Canada Market Size and Forecast (2021-2032)
- 7.3.5 Mexico Market Size and Forecast (2021-2032)
8 Europe
- 8.1 Europe R508B Refrigerant Sales Quantity by Type (2021-2032)
- 8.2 Europe R508B Refrigerant Sales Quantity by Application (2021-2032)
- 8.3 Europe R508B Refrigerant Market Size by Country
- 8.3.1 Europe R508B Refrigerant Sales Quantity by Country (2021-2032)
- 8.3.2 Europe R508B Refrigerant Consumption Value by Country (2021-2032)
- 8.3.3 Germany Market Size and Forecast (2021-2032)
- 8.3.4 France Market Size and Forecast (2021-2032)
- 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
- 8.3.6 Russia Market Size and Forecast (2021-2032)
- 8.3.7 Italy Market Size and Forecast (2021-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific R508B Refrigerant Sales Quantity by Type (2021-2032)
- 9.2 Asia-Pacific R508B Refrigerant Sales Quantity by Application (2021-2032)
- 9.3 Asia-Pacific R508B Refrigerant Market Size by Region
- 9.3.1 Asia-Pacific R508B Refrigerant Sales Quantity by Region (2021-2032)
- 9.3.2 Asia-Pacific R508B Refrigerant Consumption Value by Region (2021-2032)
- 9.3.3 China Market Size and Forecast (2021-2032)
- 9.3.4 Japan Market Size and Forecast (2021-2032)
- 9.3.5 South Korea Market Size and Forecast (2021-2032)
- 9.3.6 India Market Size and Forecast (2021-2032)
- 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
- 9.3.8 Australia Market Size and Forecast (2021-2032)
10 South America
- 10.1 South America R508B Refrigerant Sales Quantity by Type (2021-2032)
- 10.2 South America R508B Refrigerant Sales Quantity by Application (2021-2032)
- 10.3 South America R508B Refrigerant Market Size by Country
- 10.3.1 South America R508B Refrigerant Sales Quantity by Country (2021-2032)
- 10.3.2 South America R508B Refrigerant Consumption Value by Country (2021-2032)
- 10.3.3 Brazil Market Size and Forecast (2021-2032)
- 10.3.4 Argentina Market Size and Forecast (2021-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa R508B Refrigerant Sales Quantity by Type (2021-2032)
- 11.2 Middle East & Africa R508B Refrigerant Sales Quantity by Application (2021-2032)
- 11.3 Middle East & Africa R508B Refrigerant Market Size by Country
- 11.3.1 Middle East & Africa R508B Refrigerant Sales Quantity by Country (2021-2032)
- 11.3.2 Middle East & Africa R508B Refrigerant Consumption Value by Country (2021-2032)
- 11.3.3 Turkey Market Size and Forecast (2021-2032)
- 11.3.4 Egypt Market Size and Forecast (2021-2032)
- 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
- 11.3.6 South Africa Market Size and Forecast (2021-2032)
12 Market Dynamics
- 12.1 R508B Refrigerant Market Drivers
- 12.2 R508B Refrigerant Market Restraints
- 12.3 R508B Refrigerant Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of R508B Refrigerant and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of R508B Refrigerant
- 13.3 R508B Refrigerant Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 R508B Refrigerant Typical Distributors
- 14.3 R508B Refrigerant Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on R508B Refrigerant. Industry analysis & Market Report on R508B Refrigerant is a syndicated market report, published as Global R508B Refrigerant Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of R508B Refrigerant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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