Aerosol Refrigerants Market expected to reach USD 1.517 billion by 2030
Aerosol Refrigerants Market Size & Growth
According to a research study published by Knowledge Sourcing Intelligence (KSI), the aerosol refrigerants market will expand from USD 1.256 billion in 2025 to USD 1.517 billion in 2030 at a CAGR of 3.85% during the forecast period.
With an emphasis on aerosol propellants for a range of cooling applications, the aerosol refrigerant market is a specialist product within the broader refrigeration business. These refrigerants are appropriate for a wide range of applications, such as industrial cooling systems, automobile air conditioning, and home appliances, since they are held in pressurized containers and may be discharged as small particles or droplets.
There are several applications for aerosol refrigerants. Since they maintain the temperatures needed for food storage and comfort, they are particularly helpful in homes in air conditioners and refrigerators. Because they shield delicate goods from contamination during storage and transportation, aerosol refrigerants are used commercially in supermarkets and food storage facilities. Aerosol refrigerants are also required by the automobile industry to keep cars’ climates agreeable. The growing need for energy-efficient cooling solutions is one of the main factors propelling the aerosol refrigerant market’s expansion. The need for effective cooling solutions in the commercial, industrial, and residential sectors is constantly increasing due to rising global temperatures and fast urbanization. For example, Actrol declared in July 2024 that it plans to use Honeywell’s Solstice L40X (R-455A), an energy-efficient and low global warming potential (GWP) refrigerant, for its condensing units.
Innovation in technology improves the performance of aerosol refrigerants. Eco-friendly formulation and application technologies can be developed by developers. While still adhering to stringent environmental regulations, new-generation refrigerants are intended to provide much improved performance. This industry is expanding as a result of the food and pharmaceutical sectors’ need for highly sophisticated cold chain solutions. Because they can protect temperature-sensitive items during storage and transportation, these reliable aerosol refrigerants are increasingly significant.
The aerosol refrigerants market includes a wide range of product types including hfc-143a, hfc-32, hfc-125, sf6 and others. By end user, the market is segmented into residential, commercial, industrial, transportation.
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Aerosol Refrigerants Market Report Highlights
- Compared to other refrigerants, the HFC-143a sector has a moderate global warming potential (GWP) and a comparatively low ozone depletion potential (ODP), which are the main drivers of its expansion. Accordingly, its superior thermodynamic qualities and compatibility with current machinery increase its allure even more.
- Growing rates of urbanization throughout the world are driving the rise of the residential segment in the aerosol refrigerants market, which in turn is driving up demand for residential spaces and environmentally friendly and effective cooling solutions. The need for air conditioning and refrigeration systems has increased due to growing urban populations, which has encouraged the use of environmentally friendly aerosol refrigerants.
- The Asia-Pacific region is expected to witness a significant increase in its market share over the forecast period. This tendency is fueled by the rapid economic growth and urbanization of nations like China and India. Due to its wide industrial base and rising consumer spending on air conditioners and refrigeration equipment, China is the largest refrigerant market in the world. Market expansion is also fueled by low area production costs because manufacturing becomes an alluring offer.
- North America held a substantial share in the aerosol refrigerants market share due to the growing disposable income in countries such as the United States and Canada, which leads to the rise in spending for cooling appliances like air conditioners and refrigerators.
Report Coverage:
Report Metric | Details |
Aerosol Refrigerants Market Size in 2025 | US$1.256 billion |
Aerosol Refrigerants Market Size in 2030 | US$1.517 billion |
Growth Rate | CAGR of 3.85% |
Drivers |
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Restraints |
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Segmentation |
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List of Major Companies in Aerosol Refrigerants Market |
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Aerosol Refrigerants Market Drivers and Restraints
Drivers
- Growing Demand for Cooling Solutions: Rising demand in industries such as automotive, domestic appliances, and commercial refrigeration for efficient and portable cooling solutions is leading to the demand for aerosol refrigerants. Their ease of use and efficiency in maintenance operations make them very popular among technicians.
- Technological Advancements: Technological innovations, including enhanced heat exchange systems and advanced leak detection systems, result in improved performance and lower energy use. The incorporation of intelligent technologies, including IoT and sensors, in aerosol refrigerant systems facilitates real-time monitoring and control, improving overall system reliability and performance.
Restraints
- Flammability and Toxicity Problems: Refrigerants like ammonia, carbon dioxide, and hydrocarbons (HCs) are dangerous because they are flammable, corrosive, and toxic in greater concentrations. They pose safety issues that require strict handling procedures and specialized equipment, which may restrict their general use.
- Unstable Raw Material Prices: The unpredictability of raw material prices that go into the manufacture of aerosol refrigerants may affect manufacturing costs and profitability. Manufacturers need to ride out such volatility to be able to keep their prices competitive and stabilize their supply chains.
Aerosol Refrigerants Market Key Developments
- In May 2025, Arkema offered a range of lower global warming potential (GWP) refrigerants to the global market, increasing access to next-generation refrigerant solutions.
Aerosol Refrigerants Market Segmentation
Knowledge Sourcing Intelligence has segmented the aerosol refrigerants market based on product type, end user industry, and region:
Aerosol Refrigerants Market, By Product
- HFC-143a
- HFC-32
- HFC-125
- SF6
- Others
Aerosol Refrigerants Market, By End User Industry
- Residential
- Commercial
- Industrial
- Transportation
Aerosol Refrigerants Market, By Region
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Thailand
- Indonesia
- Others
Aerosol Refrigerants Market Key Players
- Arkema Group (Bostik SA)
- DAIKIN INDUSTRIES Ltd
- Dongyue Group
- Harp International Ltd
- Honeywell International Inc.
- Hudson Technologies
- Koura Global
- Navin Fluorine International Limited
- SRF Limited
About Knowledge Sourcing Intelligence (KSI)
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm headquartered in India. Backed by seasoned industry experts, we offer syndicated reports, customized research, and strategic consulting services. Our proprietary data analytics framework, combined with rigorous primary and secondary research, enables us to deliver high-quality insights that support informed decision-making. Our solutions empower businesses to gain a competitive edge in their markets. With deep expertise across ten key sectors, including ICT, Chemicals, Semiconductors, and Healthcare, we effectively address the diverse needs of our global clientele.