North America Refrigerant Market Size & Outlook, 2026-2033
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North America refrigerant market highlights
- The North America refrigerant market generated a revenue of USD 3,272.9 million in 2025.
- The market is expected to grow at a CAGR of 4.3% from 2026 to 2033.
- In terms of segment, inorganic was the largest revenue generating product in 2025.
- Hydrocarbon is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2026 to 2033.
North America data book summary
| Market revenue in 2025 | USD 3,272.9 million |
| Market revenue in 2033 | USD 4,584.2 million |
| Growth rate | 4.3% (CAGR from 2026 to 2033) |
| Largest segment | Inorganic |
| Fastest growing segment | Hydrocarbon |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fluorocarbon, Hydrocarbon, Inorganic, Other Product |
| Key market players worldwide | Honeywell International Inc, Daikin Industries Ltd, Arkema, Dongyue Group Ltd, The Chemours Co, Orbia Advance Corp SAB de CV, SINOCHEM GROUP, Linde PLC, Air Liquide SA, SRF Limited, Gujarat Fluorochemicals Limited (GFL), Asahi Glass - Composites Business |
Other key industry trends
- In terms of revenue, North America region accounted for 21.0% of the global refrigerant market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,030.3 million by 2033.
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Refrigerant Market Scope
Refrigerant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Asahi Glass - Composites Business | View profile | - | Tokyo, Tokyo, Japan, Asia | - |
| Arkema | View profile | 10001+ | Colombes, Ile-de-France, France, Europe | http://www.arkema.com |
| SRF Limited | View profile | 5001-10000 | Haryana, Haryana, India, Asia | https://www.srf.com |
| Gujarat Fluorochemicals Limited (GFL) | View profile | 5001-10000 | Noida, Uttar Pradesh, India, Asia | http://www.gfl.co.in/ |
| SINOCHEM GROUP | View profile | 10001+ | Beijing, Beijing, China, Asia | http://english.sinochem.com |
| The Chemours Co | View profile | 6200 | 1007 Market Street, Wilmington, DE, United States, 19801 | https://www.chemours.com |
| Orbia Advance Corp SAB de CV | View profile | 24327 | Avenida Paseo de la Reforma 483, Piso 47, Colonia Cuauhtemoc, Alcaldía Cuauhtemoc, Ciudad de México, MEX, Mexico, 06500 | https://www.mexichem.com |
| Dongyue Group Ltd | View profile | 6977 | Dongyue International Fluoro, Silicone Material Industry Park, Shandong Province, Zibo City, China, People's Republic of, 256401 | https://www.dongyuechem.com |
| Daikin Industries Ltd | View profile | 107127 | Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, Japan, 530-8323 | http://www.daikin.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
North America refrigerant market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to refrigerant market will help companies and investors design strategic landscapes.
Inorganic was the largest segment with a revenue share of 41.49% in 2025. Horizon Databook has segmented the North America refrigerant market based on fluorocarbon, hydrocarbon, inorganic, other product covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of refrigerant market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America refrigerant market , including forecasts for subscribers. This continent databook contains high-level insights into North America refrigerant market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America refrigerant market size, by country, 2021-2033 (US$M)
North America Refrigerant Market Outlook Share, 2025 & 2033 (US$M)
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