+91 8766 590 1366 sales@chemreports.com

Your Order

Home Reports

Hydrocarbon Refrigerant Global Market

Hydrocarbon Refrigerant Global Market

Global Hydrocarbon Refrigerant Market Industry Research Report 2026

Explore detailed insights, trends, growth drivers, key players, and forecasts for the Global Hydrocarbon Refrigerant Market Industry Research Report 2026 market worldwide.

Pages: 230

Format: PDF

Date: 01-2026

Select Licence

Description Table of Content Key Players & Segment Request for Free Sample

Global Hydrocarbon Refrigerant Market Report 2026–2036

Market Forecast

Chem Reports predicts that the Hydrocarbon Refrigerant market was valued at USD xxxx in 2025 and is expected to reach USD xxxx by 2036, growing at a CAGR of xx% globally during the forecast period 2026–2036.

Market Overview

The Global Hydrocarbon Refrigerant Market Report 2026 provides an extensive industry analysis of development components, patterns, flows, and market sizes. It evaluates present and past market values to forecast potential market performance between 2026–2036.

This study integrates both primary and secondary data sources, examining government policies, market environment, competitive landscape, historical data, current trends, technological innovation, upcoming technologies, and technical progress in related industries.

Impact of COVID-19

The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, significantly disrupted the Hydrocarbon Refrigerant market in 2020. Supply chain interruptions, reduced industrial activity, and delayed projects impacted demand, though recovery trends emerged as refrigeration, HVAC, and industrial cooling sectors adapted to new consumer and regulatory priorities.

Market Segmentation

By Type

  • Propane
  • Isobutane
  • Others

By Application

  • Refrigerators
  • Chillers
  • Air Conditioners
  • Heat Pumps

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in refrigeration and HVAC; EPA regulations encourage transition to low-GWP refrigerants.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Mature market with strict EU F-Gas regulations; hydrocarbon refrigerants widely adopted in domestic and commercial appliances.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Largest and fastest-growing region, supported by industrial expansion, food cold chain development, and HVAC adoption; China and India dominate consumption.
  • South America (Brazil, Argentina): Emerging adoption in food processing and commercial refrigeration, supported by agricultural and industrial growth.
  • Middle East & Africa (Saudi Arabia, South Africa): Gradual growth with increasing investments in HVAC and industrial cooling sectors.

Key Players

  • Air Liquide (Airgas Refrigerants Inc.)
  • Linde Group
  • Sinochem Group
  • A-Gas International
  • Harp International Ltd.
  • Tazzetti S.P.A.
  • Oz-Chill Refrigerants
  • Shandong Yueon Chemical Industry Ltd.
  • Puyang Zhongwei Fine Chemical Co. Ltd.
  • Zhejiang Fotech International Co. Ltd.

These companies compete through production capacity, technological innovation, and distribution networks. Multinational firms dominate high-value refrigeration and HVAC applications, while regional players serve cost-sensitive markets.

Global Hydrocarbon Refrigerant Market Intelligence Brief (2026–2036)

Short Description / Definition

Hydrocarbon refrigerants are natural, non-halogenated compounds such as propane (R290), isobutane (R600a), and blends used in refrigeration and cooling systems. They are valued for their low environmental impact (zero ODP, very low GWP), high energy efficiency, and compliance with global sustainability mandates, making them critical alternatives to hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs).

Regional Analysis

  • North America (U.S., Canada, Mexico): Growing adoption in refrigeration and HVAC; EPA regulations encourage transition to low-GWP refrigerants.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Mature market with strict EU F-Gas regulations; hydrocarbon refrigerants widely adopted in domestic and commercial appliances.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Largest and fastest-growing region, supported by industrial expansion, food cold chain development, and HVAC adoption; China and India dominate consumption.
  • South America (Brazil, Argentina): Emerging adoption in food processing and commercial refrigeration, supported by agricultural and industrial growth.
  • Middle East & Africa (Saudi Arabia, South Africa): Gradual growth with increasing investments in HVAC and industrial cooling sectors.

Segmentation Analysis

By Type:

  • Propane
  • Isobutane
  • Others

By Application:

  • Refrigerators
  • Chillers
  • Air Conditioners
  • Heat Pumps

Key Players Analysis

  • Air Liquide (Airgas Refrigerants Inc.)
  • Linde Group
  • Sinochem Group
  • A-Gas International
  • Harp International Ltd.
  • Tazzetti S.P.A.
  • Oz-Chill Refrigerants
  • Shandong Yueon Chemical Industry Ltd.
  • Puyang Zhongwei Fine Chemical Co. Ltd.
  • Zhejiang Fotech International Co. Ltd.

Competitive landscape shows multinationals leading in hydrocarbon refrigerant innovation and distribution, while regional producers serve cost-sensitive refrigeration and HVAC markets.

Porter’s Five Forces

  • Threat of New Entrants: Moderate; technology is accessible, but regulatory compliance and safety standards are barriers.
  • Bargaining Power of Suppliers: Moderate; dependent on petrochemical supply chains.
  • Bargaining Power of Buyers: High; industries demand cost-effective, safe, and sustainable refrigerants.
  • Threat of Substitutes: Moderate; synthetic low-GWP refrigerants compete in niche applications.
  • Industry Rivalry: High; strong competition among global leaders and regional producers.

SWOT Analysis

Strengths:

  • Low environmental impact (zero ODP, very low GWP)
  • High energy efficiency and proven performance in appliances

Weaknesses:

  • Flammability concerns requiring strict safety measures
  • Infrastructure limitations in developing regions

Opportunities:

  • Growth in food cold chain and commercial refrigeration
  • Expansion in Asia-Pacific and South America
  • Innovation in safer, more efficient system designs

Threats:

  • Regulatory scrutiny on safety and emissions
  • Competition from synthetic low-GWP refrigerants
  • High upfront costs for retrofitting systems

Trend Analysis

  • Rising demand in sustainable refrigeration and HVAC systems.
  • Expansion in food cold chain and industrial cooling applications.
  • Growing use in domestic appliances (refrigerators, freezers).
  • Increasing focus on safety innovations and eco-friendly refrigerant adoption.

Drivers & Challenges

Drivers:

  • Global phase-out of HFCs and HCFCs under the Kigali Amendment
  • Rising demand for sustainable and energy-efficient cooling solutions
  • Growth in food processing, cold chain logistics, and HVAC industries

Challenges:

  • Safety concerns due to flammability of hydrocarbons
  • High upfront investment costs for system redesigns
  • Regulatory compliance complexity across regions

Value Chain Analysis

  • Upstream: Petrochemical production of propane, isobutane, and blends.
  • Midstream: Refrigerant formulation, packaging, and distribution.
  • Downstream: Applications in refrigerators, chillers, air conditioners, and heat pumps.
  • Support Activities: R&D, regulatory compliance, marketing, and distribution.

Quick Recommendations for Stakeholders

  • Manufacturers: Invest in safer system designs and eco-friendly refrigerant technologies.
  • Investors: Focus on Asia-Pacific where demand growth is strongest.
  • Policy Makers: Encourage adoption of hydrocarbon refrigerants and enforce safety standards.
  • End-users (food, HVAC, industrial): Transition to propane and isobutane systems to meet sustainability mandates.
  • New Entrants: Target niche applications in domestic refrigeration and heat pumps.

Explore more reports here-

https://chemreports.com/reports

 

1. Market Overview of Hydrocarbon Refrigerant
    1.1 Hydrocarbon Refrigerant Market Overview
        1.1.1 Hydrocarbon Refrigerant Product Scope
        1.1.2 Market Status and Outlook
    1.2 Hydrocarbon Refrigerant Market Size by Regions:
    1.3 Hydrocarbon Refrigerant Historic Market Size by Regions
    1.4 Hydrocarbon Refrigerant Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2025 Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Hydrocarbon Refrigerant Sales Market by Type
    2.1 Global Hydrocarbon Refrigerant Historic Market Size by Type
    2.2 Global Hydrocarbon Refrigerant Forecasted Market Size by Type
    2.3 Propane
    2.4 Isobutane
    2.5 Others
3. Covid-19 Impact Hydrocarbon Refrigerant Sales Market by Application
    3.1 Global Hydrocarbon Refrigerant Historic Market Size by Application
    3.2 Global Hydrocarbon Refrigerant Forecasted Market Size by Application
    3.3 Refrigerators
    3.4 Chillers
    3.5 Air Conditioners
    3.6 Heat Pumps
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Hydrocarbon Refrigerant Production Capacity Market Share by Manufacturers
    4.2 Global Hydrocarbon Refrigerant Revenue Market Share by Manufacturers
    4.3 Global Hydrocarbon Refrigerant Average Price by Manufacturers
5. Company Profiles and Key Figures in Hydrocarbon Refrigerant Business
    5.1 Air Liquide (Airgas Refrigerants Inc.)
        5.1.1 Air Liquide (Airgas Refrigerants Inc.) Company Profile
        5.1.2 Air Liquide (Airgas Refrigerants Inc.) Hydrocarbon Refrigerant Product Specification
        5.1.3 Air Liquide (Airgas Refrigerants Inc.) Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.2 Linde Group
        5.2.1 Linde Group Company Profile
        5.2.2 Linde Group Hydrocarbon Refrigerant Product Specification
        5.2.3 Linde Group Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.3 Sinochem Group
        5.3.1 Sinochem Group Company Profile
        5.3.2 Sinochem Group Hydrocarbon Refrigerant Product Specification
        5.3.3 Sinochem Group Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.4 A-Gas International
        5.4.1 A-Gas International Company Profile
        5.4.2 A-Gas International Hydrocarbon Refrigerant Product Specification
        5.4.3 A-Gas International Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.5 Harp International Ltd.
        5.5.1 Harp International Ltd. Company Profile
        5.5.2 Harp International Ltd. Hydrocarbon Refrigerant Product Specification
        5.5.3 Harp International Ltd. Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.6 Tazzetti S.P.A.
        5.6.1 Tazzetti S.P.A. Company Profile
        5.6.2 Tazzetti S.P.A. Hydrocarbon Refrigerant Product Specification
        5.6.3 Tazzetti S.P.A. Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.7 Oz-Chill Refrigerants
        5.7.1 Oz-Chill Refrigerants Company Profile
        5.7.2 Oz-Chill Refrigerants Hydrocarbon Refrigerant Product Specification
        5.7.3 Oz-Chill Refrigerants Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.8 Shandong Yueon Chemical Industry Ltd.
        5.8.1 Shandong Yueon Chemical Industry Ltd. Company Profile
        5.8.2 Shandong Yueon Chemical Industry Ltd. Hydrocarbon Refrigerant Product Specification
        5.8.3 Shandong Yueon Chemical Industry Ltd. Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.9 Puyang Zhongwei Fine Chemical Co. Ltd.
        5.9.1 Puyang Zhongwei Fine Chemical Co. Ltd. Company Profile
        5.9.2 Puyang Zhongwei Fine Chemical Co. Ltd. Hydrocarbon Refrigerant Product Specification
        5.9.3 Puyang Zhongwei Fine Chemical Co. Ltd. Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
    5.10 Zhejiang Fotech International Co Ltd
        5.10.1 Zhejiang Fotech International Co Ltd Company Profile
        5.10.2 Zhejiang Fotech International Co Ltd Hydrocarbon Refrigerant Product Specification
        5.10.3 Zhejiang Fotech International Co Ltd Hydrocarbon Refrigerant Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Hydrocarbon Refrigerant Market Size
    6.2 North America Hydrocarbon Refrigerant Key Players in North America
    6.3 North America Hydrocarbon Refrigerant Market Size by Type
    6.4 North America Hydrocarbon Refrigerant Market Size by Application
7. East Asia
    7.1 East Asia Hydrocarbon Refrigerant Market Size
    7.2 East Asia Hydrocarbon Refrigerant Key Players in North America
    7.3 East Asia Hydrocarbon Refrigerant Market Size by Type
    7.4 East Asia Hydrocarbon Refrigerant Market Size by Application
8. Europe
    8.1 Europe Hydrocarbon Refrigerant Market Size
    8.2 Europe Hydrocarbon Refrigerant Key Players in North America
    8.3 Europe Hydrocarbon Refrigerant Market Size by Type
    8.4 Europe Hydrocarbon Refrigerant Market Size by Application
9. South Asia
    9.1 South Asia Hydrocarbon Refrigerant Market Size
    9.2 South Asia Hydrocarbon Refrigerant Key Players in North America
    9.3 South Asia Hydrocarbon Refrigerant Market Size by Type
    9.4 South Asia Hydrocarbon Refrigerant Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Hydrocarbon Refrigerant Market Size
    10.2 Southeast Asia Hydrocarbon Refrigerant Key Players in North America
    10.3 Southeast Asia Hydrocarbon Refrigerant Market Size by Type
    10.4 Southeast Asia Hydrocarbon Refrigerant Market Size by Application
11. Middle East
    11.1 Middle East Hydrocarbon Refrigerant Market Size
    11.2 Middle East Hydrocarbon Refrigerant Key Players in North America
    11.3 Middle East Hydrocarbon Refrigerant Market Size by Type
    11.4 Middle East Hydrocarbon Refrigerant Market Size by Application
12. Africa
    12.1 Africa Hydrocarbon Refrigerant Market Size
    12.2 Africa Hydrocarbon Refrigerant Key Players in North America
    12.3 Africa Hydrocarbon Refrigerant Market Size by Type
    12.4 Africa Hydrocarbon Refrigerant Market Size by Application
13. Oceania
    13.1 Oceania Hydrocarbon Refrigerant Market Size
    13.2 Oceania Hydrocarbon Refrigerant Key Players in North America
    13.3 Oceania Hydrocarbon Refrigerant Market Size by Type
    13.4 Oceania Hydrocarbon Refrigerant Market Size by Application
14. South America
    14.1 South America Hydrocarbon Refrigerant Market Size
    14.2 South America Hydrocarbon Refrigerant Key Players in North America
    14.3 South America Hydrocarbon Refrigerant Market Size by Type
    14.4 South America Hydrocarbon Refrigerant Market Size by Application
15. Rest of the World
    15.1 Rest of the World Hydrocarbon Refrigerant Market Size
    15.2 Rest of the World Hydrocarbon Refrigerant Key Players in North America
    15.3 Rest of the World Hydrocarbon Refrigerant Market Size by Type
    15.4 Rest of the World Hydrocarbon Refrigerant Market Size by Application
16 Hydrocarbon Refrigerant Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation

By Type

  • Propane
  • Isobutane
  • Others

By Application

  • Refrigerators
  • Chillers
  • Air Conditioners
  • Heat Pumps

Regional Analysis

  • North America (U.S., Canada, Mexico): Strong demand in refrigeration and HVAC; EPA regulations encourage transition to low-GWP refrigerants.
  • Europe (Germany, U.K., France, Italy, Russia, Spain): Mature market with strict EU F-Gas regulations; hydrocarbon refrigerants widely adopted in domestic and commercial appliances.
  • Asia-Pacific (China, India, Japan, Southeast Asia): Largest and fastest-growing region, supported by industrial expansion, food cold chain development, and HVAC adoption; China and India dominate consumption.
  • South America (Brazil, Argentina): Emerging adoption in food processing and commercial refrigeration, supported by agricultural and industrial growth.
  • Middle East & Africa (Saudi Arabia, South Africa): Gradual growth with increasing investments in HVAC and industrial cooling sectors.

Key Players

  • Air Liquide (Airgas Refrigerants Inc.)
  • Linde Group
  • Sinochem Group
  • A-Gas International
  • Harp International Ltd.
  • Tazzetti S.P.A.
  • Oz-Chill Refrigerants
  • Shandong Yueon Chemical Industry Ltd.
  • Puyang Zhongwei Fine Chemical Co. Ltd.
  • Zhejiang Fotech International Co. Ltd.

Upto 24 to 48 hrs (Working Hours)

Upto 72 hrs max (Working Hours) - Weekends and Public Holidays

Single User License - Allows access to only one person to the report.

Multi User License - Allows sharing with max 5 persons within organization.

Corporate License – Can be shared across entire organization.

Online Payments with PayPal

Wire Transfer / Bank Transfer

Why Choose Us

24/7 Expert Support

At ChemReports, we understand that business decisions can’t wait. Our research specialists are available anytime to answer your queries and guide you through our reports, ensuring quick and reliable assistance.

Comprehensive Market Coverage

ChemReports provides 360° market analysis across materials, technologies, and global chemical sectors—helping you make confident business decisions.

Actionable Intelligence

We turn complex data into strategic insights to support fact-based decisions, market entry strategies, and competitive analysis.

Data Privacy & Security

Your personal and business information is completely secure with us. We value your trust and ensure strict confidentiality.

Customized Research

Need tailored insights? Our analysts provide custom reports built on authentic data and aligned with your specific business goals.

FAQs

Yes, we are providing all research support to get resolve all queries and concerns regarding the report. For all our clients.
Yes, we are providing complete customization in every report to fulfill your business needs.
Yes, we are providing regional and countries level analysis in the report, please mention the countries you are looking.
Yes, we are providing a discount for individuals and startups.
We offer access to more than one million market research reports. If the specific topic you need is not listed on our website, simply email us your requirements at sales@chemreports.com. Our research team will review your request and provide a customized report or the most relevant available study. We?re always happy to assist you with tailored solutions.