Report Detail
Global Refrigerant R32 Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4656966 |
- 05 December, 2025 |
- Global |
- 102 Pages |
- GIR |
- Chemical & Material
According to our (Global Info Research) latest study, the global Refrigerant R32 market size was valued at US$ 1706 million in 2024 and is forecast to a readjusted size of USD 1184 million by 2031 with a CAGR of -5.1% during review period.
R32 refrigerant, also known as difluoromethane, is a halogenated hydrocarbon. It is a gas at room temperature and turns into a colorless and transparent liquid when pressurized. This refrigerant is easily soluble in oil but difficult to dissolve in water. In addition, R32 has a lower viscosity coefficient and a higher thermal conductivity, its ozone depletion potential (ODP) is 0, and its global warming coefficient (GWP) is 670.R32 is a flammable and explosive refrigerant. Its combustion limit ranges from 14% to 31% in the air. Therefore, special attention must be paid to safety during use and maintenance.These characteristics of R32 refrigerant make it have certain applications in the refrigeration industry, but it also brings some challenges, especially in terms of safety and environmental protection.
Global Refrigerant R32 core manufacturers include Juhua shares, Daikin and Sanmei shares. The top three companies have about 37% of the market. Asia Pacific is the world's largest Refrigerant R32 market with a market share of about 76%, followed by the United States and Europe with a market share of 12% and 10%, respectively. In terms of product type, Special Refrigerant is the largest segment with approximately 77% market share. In terms of application, Household is the largest downstream segment, accounting for about 66% of the market share.
This report is a detailed and comprehensive analysis for global Refrigerant R32 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 Refrigerant R32 market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031
Global Refrigerant R32 market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031
Global Refrigerant R32 market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2020-2031
Global Refrigerant R32 market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/Ton), 2020-2025
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 Refrigerant R32
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 Refrigerant R32 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 Zhejiang Juhua, Daikin, Sanmei Chemical, Honeywell, Dongyue Group, Arkema, SRF Ltd, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Refrigerant R32 market is split by Type and by Application. For the period 2020-2031, 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
Special Refrigerant
Mixed Refrigerant
Market segment by Application
Household
Commercial
Major players covered
Zhejiang Juhua
Daikin
Sanmei Chemical
Honeywell
Dongyue Group
Arkema
SRF Ltd
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 Refrigerant R32 product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Refrigerant R32, with price, sales quantity, revenue, and global market share of Refrigerant R32 from 2020 to 2025.
Chapter 3, the Refrigerant R32 competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Refrigerant R32 breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Refrigerant R32 market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Refrigerant R32.
Chapter 14 and 15, to describe Refrigerant R32 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 Refrigerant R32 Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Special Refrigerant
- 1.3.3 Mixed Refrigerant
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Refrigerant R32 Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Household
- 1.4.3 Commercial
- 1.5 Global Refrigerant R32 Market Size & Forecast
- 1.5.1 Global Refrigerant R32 Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Refrigerant R32 Sales Quantity (2020-2031)
- 1.5.3 Global Refrigerant R32 Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Zhejiang Juhua
- 2.1.1 Zhejiang Juhua Details
- 2.1.2 Zhejiang Juhua Major Business
- 2.1.3 Zhejiang Juhua Refrigerant R32 Product and Services
- 2.1.4 Zhejiang Juhua Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Zhejiang Juhua Recent Developments/Updates
- 2.2 Daikin
- 2.2.1 Daikin Details
- 2.2.2 Daikin Major Business
- 2.2.3 Daikin Refrigerant R32 Product and Services
- 2.2.4 Daikin Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Daikin Recent Developments/Updates
- 2.3 Sanmei Chemical
- 2.3.1 Sanmei Chemical Details
- 2.3.2 Sanmei Chemical Major Business
- 2.3.3 Sanmei Chemical Refrigerant R32 Product and Services
- 2.3.4 Sanmei Chemical Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Sanmei Chemical Recent Developments/Updates
- 2.4 Honeywell
- 2.4.1 Honeywell Details
- 2.4.2 Honeywell Major Business
- 2.4.3 Honeywell Refrigerant R32 Product and Services
- 2.4.4 Honeywell Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Honeywell Recent Developments/Updates
- 2.5 Dongyue Group
- 2.5.1 Dongyue Group Details
- 2.5.2 Dongyue Group Major Business
- 2.5.3 Dongyue Group Refrigerant R32 Product and Services
- 2.5.4 Dongyue Group Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 Dongyue Group Recent Developments/Updates
- 2.6 Arkema
- 2.6.1 Arkema Details
- 2.6.2 Arkema Major Business
- 2.6.3 Arkema Refrigerant R32 Product and Services
- 2.6.4 Arkema Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Arkema Recent Developments/Updates
- 2.7 SRF Ltd
- 2.7.1 SRF Ltd Details
- 2.7.2 SRF Ltd Major Business
- 2.7.3 SRF Ltd Refrigerant R32 Product and Services
- 2.7.4 SRF Ltd Refrigerant R32 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 SRF Ltd Recent Developments/Updates
3 Competitive Environment: Refrigerant R32 by Manufacturer
- 3.1 Global Refrigerant R32 Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Refrigerant R32 Revenue by Manufacturer (2020-2025)
- 3.3 Global Refrigerant R32 Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Refrigerant R32 by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Refrigerant R32 Manufacturer Market Share in 2024
- 3.4.3 Top 6 Refrigerant R32 Manufacturer Market Share in 2024
- 3.5 Refrigerant R32 Market: Overall Company Footprint Analysis
- 3.5.1 Refrigerant R32 Market: Region Footprint
- 3.5.2 Refrigerant R32 Market: Company Product Type Footprint
- 3.5.3 Refrigerant R32 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 Refrigerant R32 Market Size by Region
- 4.1.1 Global Refrigerant R32 Sales Quantity by Region (2020-2031)
- 4.1.2 Global Refrigerant R32 Consumption Value by Region (2020-2031)
- 4.1.3 Global Refrigerant R32 Average Price by Region (2020-2031)
- 4.2 North America Refrigerant R32 Consumption Value (2020-2031)
- 4.3 Europe Refrigerant R32 Consumption Value (2020-2031)
- 4.4 Asia-Pacific Refrigerant R32 Consumption Value (2020-2031)
- 4.5 South America Refrigerant R32 Consumption Value (2020-2031)
- 4.6 Middle East & Africa Refrigerant R32 Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Refrigerant R32 Sales Quantity by Type (2020-2031)
- 5.2 Global Refrigerant R32 Consumption Value by Type (2020-2031)
- 5.3 Global Refrigerant R32 Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Refrigerant R32 Sales Quantity by Application (2020-2031)
- 6.2 Global Refrigerant R32 Consumption Value by Application (2020-2031)
- 6.3 Global Refrigerant R32 Average Price by Application (2020-2031)
7 North America
- 7.1 North America Refrigerant R32 Sales Quantity by Type (2020-2031)
- 7.2 North America Refrigerant R32 Sales Quantity by Application (2020-2031)
- 7.3 North America Refrigerant R32 Market Size by Country
- 7.3.1 North America Refrigerant R32 Sales Quantity by Country (2020-2031)
- 7.3.2 North America Refrigerant R32 Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Refrigerant R32 Sales Quantity by Type (2020-2031)
- 8.2 Europe Refrigerant R32 Sales Quantity by Application (2020-2031)
- 8.3 Europe Refrigerant R32 Market Size by Country
- 8.3.1 Europe Refrigerant R32 Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Refrigerant R32 Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Refrigerant R32 Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Refrigerant R32 Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Refrigerant R32 Market Size by Region
- 9.3.1 Asia-Pacific Refrigerant R32 Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Refrigerant R32 Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Refrigerant R32 Sales Quantity by Type (2020-2031)
- 10.2 South America Refrigerant R32 Sales Quantity by Application (2020-2031)
- 10.3 South America Refrigerant R32 Market Size by Country
- 10.3.1 South America Refrigerant R32 Sales Quantity by Country (2020-2031)
- 10.3.2 South America Refrigerant R32 Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Refrigerant R32 Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Refrigerant R32 Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Refrigerant R32 Market Size by Country
- 11.3.1 Middle East & Africa Refrigerant R32 Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Refrigerant R32 Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Refrigerant R32 Market Drivers
- 12.2 Refrigerant R32 Market Restraints
- 12.3 Refrigerant R32 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 Refrigerant R32 and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Refrigerant R32
- 13.3 Refrigerant R32 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 Refrigerant R32 Typical Distributors
- 14.3 Refrigerant R32 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 Refrigerant R32. Industry analysis & Market Report on Refrigerant R32 is a syndicated market report, published as Global Refrigerant R32 Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Refrigerant R32 market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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