Latin America Transcritical Co2 Systems Market Size & Outlook

The transcritical co2 systems market in Latin America is expected to reach a projected revenue of US$ 96.5 million by 2030. A compound annual growth rate of 16.3% is expected of Latin America transcritical co2 systems market from 2025 to 2030.
Revenue, 2024 (US$M)
$40.5
Forecast, 2030 (US$M)
$96.5
CAGR, 2025 - 2030
16.3%
Report Coverage
Latin America

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Latin America transcritical co2 systems market, 2018-2030 (US$M)

Latin America transcritical co2 systems market, 2018-2030 (US$M)

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Latin America transcritical co2 systems market highlights

  • The Latin America transcritical co2 systems market generated a revenue of USD 40.5 million in 2024.
  • The market is expected to grow at a CAGR of 16.3% from 2025 to 2030.
  • In terms of segment, refrigeration was the largest revenue generating function in 2024.
  • Refrigeration is the most lucrative function segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.


Latin America data book summary

Market revenue in 2024USD 40.5 million
Market revenue in 2030USD 96.5 million
Growth rate16.3% (CAGR from 2025 to 2030)
Largest segmentRefrigeration
Fastest growing segmentRefrigeration
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRefrigeration, Heating, Air Conditioning


Other key industry trends

  • In terms of revenue, Latin America region accounted for 0.1% of the global transcritical co2 systems market in 2024.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 20,372.4 million by 2030.

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Transcritical CO2 Systems Market Companies

Name Profile # Employees HQ Website
MAYEKAWA USA INC View profile 101-250 Lebanon, Tennessee, United States, North America http://mayekawausa.com
Strategic Initiatives View profile 1-10 Accra, Greater Accra, Ghana, Africa https://sil-ghana.com/
Henry Technologies View profile 11-50 Merkers, Thuringen, Germany, Europe https://www.henry-technologies.de
Baltimore Aircoil Company View profile 251-500 Heist-op-den-berg, Antwerpen, Belgium, Europe https://www.baltimoreaircoil.eu
Hillphoenix View profile 5001-10000 Conyers, Georgia, United States, North America http://www.hillphoenix.com/
Green & Cool World Refrigeration View profile 11-50 Göteborg, Vastra Gotaland, Sweden, Europe https://www.greenandcool.com/en/
Carrier Commercial Refrigeration View profile 1001-5000 Rueil-malmaison, Ile-de-France, France, Europe https://www.carrier.com/commercial-refrigeration
TEKO View profile 101-250 Altenstadt, Bayern, Germany, Europe https://www.teko-gmbh.com
Advansor View profile 101-250 Brabrand, Midtjylland, Denmark, Europe https://www.advansor.com
SCM Frigo View profile 51-100 Sant'angelo Di Piove Di Sacco, Veneto, Italy, Europe https://www.scmfrigo.com
Baltimore Life Insurance Company View profile 251-500 Owings Mills, Maryland, United States, North America https://www.baltlife.com/
Danfoss A/S View profile 10001+ Nordborg, Syddanmark, Denmark, Europe https://www.danfoss.com
Panasonic Holdings Corp View profile 230025 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 https://holdings.panasonic

Latin America transcritical co2 systems 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 transcritical co2 systems market will help companies and investors design strategic landscapes.


Refrigeration was the largest segment with a revenue share of 101.98% in 2024. Horizon Databook has segmented the Latin America transcritical co2 systems market based on refrigeration, heating, air conditioning covering the revenue growth of each sub-segment from 2018 to 2030.


Epta, TEKO, and Arneg are the 3 key companies that have a high market presence in the Central & South America transcritical CO2 systems market. In April 2019, Epta designed and installed its largest transcritical CO2 refrigeration system in South America for Cencosud in Chile in order to provide 100% green solutions.

Rising demand for environmentally efficient systems owing to the rising concentration of ozone depletion substances is expected to boost the market growth over the forecast period.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America transcritical co2 systems market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America transcritical co2 systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America transcritical co2 systems market size, by country, 2018-2030 (US$M)

Latin America Transcritical CO2 Systems Market Outlook Share, 2024 & 2030 (US$M)

Latin America transcritical co2 systems market size, by country, 2018-2030 (US$M)

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