Global R22 Refrigerant Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global R22 Refrigerant Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

R22 Refrigerant is a chemical that keeps the air coming from your air conditioning system cool, so it’s unquestionably incredibly important. Most air conditioning units older than 10 years utilize an AC refrigerant called R22 that’s commonly identified as Freon*, and is noted by the EPA as HCFC-22. This refrigerant was introduced in the 1950s and became the leading AC refrigerant in the residential heating and cooling industry.

Fast forward a few decades and the world realized that R22 Refrigerant was aiding in the depletion of the Earth’s ozone layer. Not a great thing. So, the U.S. EPA, in cooperation with other agencies and groups around the world, initiated a phase out of many ozone-depleting agents as part of an international agreement known as the Montreal Protocol. The regulation lists many HCFCs and CFCs (different types of refrigerants that deplete the ozone layer), but R22 is considered one of the worst offenders.

In 2003, the phase out of R22 production and imports began. By early 2010 the production and import of R22 became prohibited. However, servicing current, existing equipment is still acceptable if there is an available supply of R22. To confirm the public’s compliance with the new law, all sales of R22 must be purchased by a certified technician. The production and import of R22 will be continually reduced by law until 2020, when all production and import will be eliminated. Only recycled R22 Refrigerant will be available to service existing air conditioners after 2020

According to our (Global Info Research) latest study, the global R22 Refrigerant market size was valued at US$ 180 million in 2023 and is forecast to a readjusted size of USD 65.1 million by 2030 with a CAGR of -13.7% during review period.

The global R22 Refrigerant market has been broadly segmented based on type, application, and region. According to the research study, the above 99.9% Purity segment held a significant share of the of the R22 Refrigerant market. In 2019, above 99.9% Purity accounted for a major share of nearly 78 % the global R22 Refrigerant market.

R22 Refrigerant have wide range of applications: Air Conditioning, Refrigeration and Others. Based on application, In R22 Refrigerant market, the Air Conditioning holds an important share in terms of Application, with above 50% of the market share by sales volume in 2019

Asia-Pacific held a key market sales share of the R22 Refrigerant market in 2019 which account for about 74%.

Due to the "Montreal Protocol", developed countries have stopped the production of R22. China is the main producer of HCFCs in the world, and China has implemented a quota system for use and production. The internal use and export of non-polymer HCFCs are strictly restricted. Take R22, which has the largest output, as an example. From the perspective of total quotas, China strictly implements the Montreal Protocol, reducing it by nearly 11% in 2015 (compared to the baseline, the same below), by nearly 13% in 2019, and will continue to reduce in 2020.

However, R-22 isn"t going away overnight. Different regions and countries are following different time phase-out frames; recycled R-22 will be available on the market for many years.

This report is a detailed and comprehensive analysis for global R22 Refrigerant market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, Purity 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 2024, are provided.

Key Features:

Global R22 Refrigerant market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global R22 Refrigerant market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global R22 Refrigerant market size and forecasts, Purity and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/Ton), 2019-2030

Global R22 Refrigerant market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/Ton), 2019-2024

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 R22 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 R22 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 Juhua Group, Shandong Dongyue Chemical Co Ltd, Arkema, Jiangsu Meilan Chemical, Zhejiang Sanmei Chemical, Changshu 3F Zhonghao, Yonghe Company, Chemours, Linhai Limin Chemicals, AG Chem, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

R22 Refrigerant market is split Purity and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value Purity, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment Purity
Above 99.9%
Below 99.9%

Market segment by Application
Air Conditioning
Refrigeration
Others

Major players covered
Juhua Group
Shandong Dongyue Chemical Co Ltd
Arkema
Jiangsu Meilan Chemical
Zhejiang Sanmei Chemical
Changshu 3F Zhonghao
Yonghe Company
Chemours
Linhai Limin Chemicals
AG Chem

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 R22 Refrigerant product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of R22 Refrigerant, with price, sales quantity, revenue, and global market share of R22 Refrigerant from 2019 to 2024.

Chapter 3, the R22 Refrigerant competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the R22 Refrigerant breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales Purity and by Application, with sales market share and growth rate Purity, by Application, from 2019 to 2030.

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 2019 to 2024.and R22 Refrigerant market forecast, by regions, Purity, and by Application, with sales and revenue, from 2025 to 2030.

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 R22 Refrigerant.

Chapter 14 and 15, to describe R22 Refrigerant sales channel, distributors, customers, research findings and conclusion.