R32 - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

List of Tables

The global R32 market was valued at US$ 1.47 billion in 2023 and is expected to reach US$ 1.14 billion by 2030, growing at a CAGR of-4.49% during 2024-2030.

The global key manufacturers of Refrigerant R32 include Zhejiang Juhua, Sanmei Chemical, Daikin, Honeywell, Arkema, Dongyue Group, etc. In 2023, the global top five players had a share approximately 49.89% in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for R32, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of R32 by region & country, by Type, and by Application.

The R32 market size, estimations, and forecasts are provided in terms of sales volume (K Tons) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding R32.

Market Segmentation

By Company

Zhejiang Juhua
Sanmei Chemical
Daikin
Honeywell
Arkema
Dongyue Group
Gujarat Fluorochemicals
SRF Ltd
Myland Group

Segment by Type

Pure R32
Mixed R32

Segment by Application

Household Air Conditioner
Commercial Air Conditioner
Others

By Region

North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Brazil
Rest of South America
Middle East & Africa
Middle East
Africa

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of R32 manufacturers competitive landscape, price, sales and revenue market share, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of R32 in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of R32 in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

1 Market Overview

1.1 R32 Product Introduction
1.2 Global R32 Market Size Forecast
- 1.2.1 Global R32 Sales Value (2019-2030)
- 1.2.2 Global R32 Sales Volume (2019-2030)
- 1.2.3 Global R32 Sales Price (2019-2030)
1.3 R32 Market Trends & Drivers
- 1.3.1 R32 Industry Trends
- 1.3.2 R32 Market Drivers & Opportunity
- 1.3.3 R32 Market Challenges
- 1.3.4 R32 Market Restraints
- 1.3.5 Montreal Protocol on Substances that Deplete the Ozone Layer (2016 Version) Third Generation Refrigerant Substitution Policy
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company

2.1 Global R32 Players Revenue Ranking (2023)
2.2 Global R32 Revenue by Company (2019-2024)
2.3 Global R32 Sales Volume by Company Players (2019-2024)
2.4 Global R32 Average Price by Company (2019-2024)
2.5 Key Manufacturers R32 Headquarter and Sales Regions
2.6 Key Manufacturers R32 Product Offered
2.7 R32 Market Competitive Analysis
- 2.7.1 R32 Market Concentration Rate (2019-2024)
- 2.7.2 Global 5 Largest Manufacturers by R32 Revenue in 2023
- 2.7.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in R32 as of 2023)
2.8 Mergers & Acquisitions, Expansion

3 Segmentation by Type

3.1 Introduction by Type
- 3.1.1 Pure R32
- 3.1.2 Mixed R32
3.2 Global R32 Sales Value by Type
- 3.2.1 Global R32 Sales Value by Type (2019 VS 2023 VS 2030)
- 3.2.2 Global R32 Sales Value, by Type (2019-2030)
- 3.2.3 Global R32 Sales Value, by Type (%) (2019-2030)
3.3 Global R32 Sales Volume by Type
- 3.3.1 Global R32 Sales Volume by Type (2019 VS 2023 VS 2030)
- 3.3.2 Global R32 Sales Volume, by Type (2019-2030)
- 3.3.3 Global R32 Sales Volume, by Type (%) (2019-2030)
3.4 Global R32 Average Price by Type (2019-2030)

4 Segmentation by Application

4.1 Introduction by Application
- 4.1.1 Household Air Conditioner
- 4.1.2 Commercial Air Conditioner
- 4.1.3 Others
4.2 Global R32 Sales Value by Application
- 4.2.1 Global R32 Sales Value by Application (2019 VS 2023 VS 2030)
- 4.2.2 Global R32 Sales Value, by Application (2019-2030)
- 4.2.3 Global R32 Sales Value, by Application (%) (2019-2030)
4.3 Global R32 Sales Volume by Application
- 4.3.1 Global R32 Sales Volume by Application (2019 VS 2023 VS 2030)
- 4.3.2 Global R32 Sales Volume, by Application (2019-2030)
- 4.3.3 Global R32 Sales Volume, by Application (%) (2019-2030)
4.4 Global R32 Average Price by Application (2019-2030)

5 Segmentation by Region

5.1 Global R32 Sales Value by Region
- 5.1.1 Global R32 Sales Value by Region: 2019 VS 2023 VS 2030
- 5.1.2 Global R32 Sales Value by Region (2019-2024)
- 5.1.3 Global R32 Sales Value by Region (2025-2030)
- 5.1.4 Global R32 Sales Value by Region (%), (2019-2030)
5.2 Global R32 Sales Volume by Region
- 5.2.1 Global R32 Sales Volume by Region: 2019 VS 2023 VS 2030
- 5.2.2 Global R32 Sales Volume by Region (2019-2024)
- 5.2.3 Global R32 Sales Volume by Region (2025-2030)
- 5.2.4 Global R32 Sales Volume by Region (%), (2019-2030)
5.3 Global R32 Average Price by Region (2019-2030)
5.4 North America
- 5.4.1 North America R32 Sales Value, 2019-2030
- 5.4.2 North America R32 Sales Value by Country (%), 2023 VS 2030
5.5 Europe
- 5.5.1 Europe R32 Sales Value, 2019-2030
- 5.5.2 Europe R32 Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
- 5.6.1 Asia Pacific R32 Sales Value, 2019-2030
- 5.6.2 Asia Pacific R32 Sales Value by Region (%), 2023 VS 2030
5.7 South America
- 5.7.1 South America R32 Sales Value, 2019-2030
- 5.7.2 South America R32 Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
- 5.8.1 Middle East & Africa R32 Sales Value, 2019-2030
- 5.8.2 Middle East & Africa R32 Sales Value by Region (%), 2023 VS 2030

6 Segmentation by Key Countries

6.1 Key Countries R32 Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions R32 Sales Value
- 6.2.1 Key Countries/Regions R32 Sales Value, 2019-2030
- 6.2.2 Key Countries/Regions R32 Sales Volume, 2019-2030
6.3 United States
- 6.3.1 United States R32 Sales Value, 2019-2030
- 6.3.2 United States R32 Sales Value by Type (%), 2023
- 6.3.3 United States R32 Sales Value by Application, 2023
6.4 Europe
- 6.4.1 Europe R32 Sales Value, 2019-2030
- 6.4.2 Europe R32 Sales Value by Type (%), 2023
- 6.4.3 Europe R32 Sales Value by Application, 2023
6.5 China
- 6.5.1 China R32 Sales Value, 2019-2030
- 6.5.2 China R32 Sales Value by Type (%), 2023
- 6.5.3 China R32 Sales Value by Application, 2023
6.6 Japan
- 6.6.1 Japan R32 Sales Value, 2019-2030
- 6.6.2 Japan R32 Sales Value by Type (%), 2023
- 6.6.3 Japan R32 Sales Value by Application, 2023
6.7 South Korea
- 6.7.1 South Korea R32 Sales Value, 2019-2030
- 6.7.2 South Korea R32 Sales Value by Type (%), 2023
- 6.7.3 South Korea R32 Sales Value by Application, 2023
6.8 Southeast Asia
- 6.8.1 Southeast Asia R32 Sales Value, 2019-2030
- 6.8.2 Southeast Asia R32 Sales Value by Type (%), 2023
- 6.8.3 Southeast Asia R32 Sales Value by Application, 2023

7 Company Profiles

7.1 Zhejiang Juhua
- 7.1.1 Zhejiang Juhua Company Information
- 7.1.2 Zhejiang Juhua Introduction and Business Overview
- 7.1.3 Zhejiang Juhua R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.1.4 Zhejiang Juhua R32 Product Offerings
7.2 Sanmei Chemical
- 7.2.1 Sanmei Chemical Company Information
- 7.2.2 Sanmei Chemical Introduction and Business Overview
- 7.2.3 Sanmei Chemical R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.2.4 Sanmei Chemical R32 Product Offerings
7.3 Daikin
- 7.3.1 Daikin Company Information
- 7.3.2 Daikin Introduction and Business Overview
- 7.3.3 Daikin R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.3.4 Daikin R32 Product Offerings
7.4 Honeywell
- 7.4.1 Honeywell Company Information
- 7.4.2 Honeywell Introduction and Business Overview
- 7.4.3 Honeywell R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.4.4 Honeywell R32 Product Offerings
7.5 Arkema
- 7.5.1 Arkema Company Information
- 7.5.2 Arkema Introduction and Business Overview
- 7.5.3 Arkema R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.5.4 Arkema R32 Product Offerings
7.6 Dongyue Group
- 7.6.1 Dongyue Group Company Information
- 7.6.2 Dongyue Group Introduction and Business Overview
- 7.6.3 Dongyue Group R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.6.4 Dongyue Group R32 Product Offerings
7.7 Gujarat Fluorochemicals
- 7.7.1 Gujarat Fluorochemicals Company Information
- 7.7.2 Gujarat Fluorochemicals Introduction and Business Overview
- 7.7.3 Gujarat Fluorochemicals R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.7.4 Gujarat Fluorochemicals R32 Product Offerings
7.8 SRF Ltd
- 7.8.1 SRF Ltd Company Information
- 7.8.2 SRF Ltd Introduction and Business Overview
- 7.8.3 SRF Ltd R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.8.4 SRF Ltd R32 Product Offerings
7.9 Myland Group
- 7.9.1 Myland Group Company Information
- 7.9.2 Myland Group Introduction and Business Overview
- 7.9.3 Myland Group R32 Sales, Revenue, Price and Gross Margin (2019-2024)
- 7.9.4 Myland Group R32 Product Offerings

8 Industry Chain Analysis

8.1 R32 Industrial Chain
8.2 R32 Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
8.3 Downstream Analysis (Customers Analysis)
8.4 Sales Model and Sales Channels
- 8.4.1 R32 Sales Model
- 8.4.2 Sales Channel
- 8.4.3 R32 Distributors

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer

List of Tables

Table 1. R32 Market Trends
Table 2. R32 Market Drivers & Opportunity
Table 3. R32 Market Challenges
Table 4. R32 Market Restraints
Table 5. Montreal Protocol HFCs Substitution Policy
Table 6. Global R32 Revenue by Company (2019-2024) & (US$ Million)
Table 7. Global R32 Revenue Market Share by Company (2019-2024)
Table 8. Global R32 Sales Volume by Company (2019-2024) & (K Tons)
Table 9. Global R32 Sales Volume Market Share by Company (2019-2024)
Table 10. Global Market R32 Price by Company (2019-2024) & (US$/Ton)
Table 11. Key Manufacturers R32 Headquarter and Sales Regions
Table 12. Key Manufacturers R32 Product Type
Table 13. Global R32 Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in R32 as of 2023)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global R32 Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
Table 17. Global R32 Sales Value by Type (2019-2024) & (US$ Million)
Table 18. Global R32 Sales Value by Type (2025-2030) & (US$ Million)
Table 19. Global R32 Sales Market Share in Value by Type (2019-2024)
Table 20. Global R32 Sales Market Share in Value by Type (2025-2030)
Table 21. Global R32 Sales Volume by Type: 2019 VS 2023 VS 2030 (K Tons)
Table 22. Global R32 Sales Volume by Type (2019-2024) & (K Tons)
Table 23. Global R32 Sales Volume by Type (2025-2030) & (K Tons)
Table 24. Global R32 Sales Market Share in Value by Type (2019-2024)
Table 25. Global R32 Sales Market Share in Value by Type (2025-2030)
Table 26. Global R32 Price by Type (2019-2024) & (US$/Ton)
Table 27. Global R32 Price by Type (2025-2030) & (US$/Ton)
Table 28. Global R32 Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
Table 29. Global R32 Sales Value by Application (2019-2024) & (US$ Million)
Table 30. Global R32 Sales Value by Application (2025-2030) & (US$ Million)
Table 31. Global R32 Sales Market Share in Value by Application (2019-2024)
Table 32. Global R32 Sales Market Share in Value by Application (2025-2030)
Table 33. Global R32 Sales Volume by Application: 2019 VS 2023 VS 2030 (K Tons)
Table 34. Global R32 Sales Volume by Application (2019-2024) & (K Tons)
Table 35. Global R32 Sales Volume by Application (2025-2030) & (K Tons)
Table 36. Global R32 Sales Market Share in Value by Application (2019-2024)
Table 37. Global R32 Sales Market Share in Value by Application (2025-2030)
Table 38. Global R32 Price by Application (2019-2024) & (US$/Ton)
Table 39. Global R32 Price by Application (2025-2030) & (US$/Ton)
Table 40. Global R32 Sales Value by Region, (2019 VS 2023 VS 2030) & (US$ Million)
Table 41. Global R32 Sales Value by Region (2019-2024) & (US$ Million)
Table 42. Global R32 Sales Value by Region (2025-2030) & (US$ Million)
Table 43. Global R32 Sales Value by Region (2019-2024) & (%)
Table 44. Global R32 Sales Value by Region (2025-2030) & (%)
Table 45. Global R32 Sales Volume by Region (K Tons): 2019 VS 2023 VS 2030
Table 46. Global R32 Sales Volume by Region (2019-2024) & (K Tons)
Table 47. Global R32 Sales Volume by Region (2025-2030) & (K Tons)
Table 48. Global R32 Sales Volume by Region (2019-2024) & (%)
Table 49. Global R32 Sales Volume by Region (2025-2030) & (%)
Table 50. Global R32 Average Price by Region (2019-2024) & (US$/Ton)
Table 51. Global R32 Average Price by Region (2025-2030) & (US$/Ton)
Table 52. Key Countries R32 Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
Table 53. Key Countries/Regions R32 Sales Value, (2019-2024) & (US$ Million)
Table 54. Key Countries/Regions R32 Sales Value, (2025-2030) & (US$ Million)
Table 55. Key Countries/Regions R32 Sales Volume, (2019-2024) & (K Tons)
Table 56. Key Countries/Regions R32 Sales Volume, (2025-2030) & (K Tons)
Table 57. Zhejiang Juhua Company Information
Table 58. Zhejiang Juhua R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 59. Zhejiang Juhua R32 Product Offerings
Table 60. Sanmei Chemical Company Information
Table 61. Sanmei Chemical R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 62. Sanmei Chemical R32 Product Offerings
Table 63. Daikin Company Information
Table 64. Daikin R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 65. Daikin R32 Product Offerings
Table 66. Honeywell Company Information
Table 67. Honeywell R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 68. Honeywell R32 Product Offerings
Table 69. Arkema Company Information
Table 70. Arkema R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 71. Arkema R32 Product Offerings
Table 72. Dongyue Group Company Information
Table 73. Dongyue Group R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 74. Dongyue Group R32 Product Offerings
Table 75. Gujarat Fluorochemicals Company Information
Table 76. Gujarat Fluorochemicals R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 77. Gujarat Fluorochemicals R32 Product Offerings
Table 78. SRF Ltd Company Information
Table 79. SRF Ltd R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 80. SRF Ltd R32 Product Offerings
Table 81. Myland Group Company Information
Table 82. Myland Group R32 Sales (K Tons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2019-2024)
Table 83. Myland Group R32 Product Offerings
Table 84. Raw Materials Key Suppliers Lists
Table 85. R32 Downstream Customers
Table 86. R32 Distributors List
Table 87. Research Programs/Design for This Report
Table 88. Key Data Information from Secondary Sources
Table 89. Key Data Information from Primary Sources

List of Figures

Figure 1. R32 Product Picture
Figure 2. Global R32 Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
Figure 3. Global R32 Sales Value (2019-2030) & (US$ Million)
Figure 4. Global R32 Sales Volume (2019-2030) & (K Tons)
Figure 5. Global R32 Sales Price (2019-2030) & (US$/Ton)
Figure 6. R32 Report Years Considered
Figure 7. Global R32 Players Revenue Ranking (2023) & (US$ Million)
Figure 8. The 5 Largest Manufacturers in the World: Market Share by R32 Revenue in 2023
Figure 9. Global R32 Sales Value Market Share by Type, 2023 & 2030
Figure 10. Global R32 Sales Volume Market Share by Type, 2023 & 2030
Figure 11. Product Picture of Household Air Conditioner
Figure 12. Product Picture of Commercial Air Conditioner
Figure 13. Product Picture of Refrigerator
Figure 14. Global R32 Sales Value Market Share by Application, 2023 & 2030
Figure 15. Global R32 Sales Volume Market Share by Application, 2023 & 2030
Figure 16. North America R32 Sales Value (2019-2030) & (US$ Million)
Figure 17. North America R32 Sales Value by Country (%), 2023 VS 2030
Figure 18. Europe R32 Sales Value, (2019-2030) & (US$ Million)
Figure 19. Europe R32 Sales Value by Country (%), 2023 VS 2030
Figure 20. Asia Pacific R32 Sales Value, (2019-2030) & (US$ Million)
Figure 21. Asia Pacific R32 Sales Value by Region (%), 2023 VS 2030
Figure 22. South America R32 Sales Value, (2019-2030) & (US$ Million)
Figure 23. South America R32 Sales Value by Country (%), 2023 VS 2030
Figure 24. Middle East & Africa R32 Sales Value, (2019-2030) & (US$ Million)
Figure 25. Middle East & Africa R32 Sales Value by Region (%), 2023 VS 2030
Figure 26. United States R32 Sales Value, (2019-2030) & (US$ Million)
Figure 27. United States R32 Sales Value by Type (%), 2023
Figure 28. United States R32 Sales Value by Application (%), 2023
Figure 29. Europe R32 Sales Value, (2019-2030) & (US$ Million)
Figure 30. Europe R32 Sales Value by Type (%), 2023
Figure 31. Europe R32 Sales Value by Application (%), 2023
Figure 32. China R32 Sales Value, (2019-2030) & (US$ Million)
Figure 33. China R32 Sales Value by Type (%), 2023
Figure 34. China R32 Sales Value by Application (%), 2023
Figure 35. Japan R32 Sales Value, (2019-2030) & (US$ Million)
Figure 36. Japan R32 Sales Value by Type (%), 2023
Figure 37. Japan R32 Sales Value by Application (%), 2023
Figure 38. South Korea R32 Sales Value, (2019-2030) & (US$ Million)
Figure 39. South Korea R32 Sales Value by Type (%), 2023
Figure 40. South Korea R32 Sales Value by Application (%), 2023
Figure 41. Southeast Asia R32 Sales Value, (2019-2030) & (US$ Million)
Figure 42. Southeast Asia R32 Sales Value by Type (%), 2023
Figure 43. Southeast Asia R32 Sales Value by Application (%), 2023
Figure 44. R32 Industrial Chain
Figure 45. Global R32 Manufacturing Cost Structure
Figure 46. Bottom-up and Top-down Approaches for This Report
Figure 47. Data Triangulation
Figure 48. Key Executives Interviewed

R32 - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Description

Table of Contents

List of Tables

Table of Contents

1 Market Overview

2 Competitive Analysis by Company

3 Segmentation by Type

4 Segmentation by Application

5 Segmentation by Region

6 Segmentation by Key Countries

7 Company Profiles

8 Industry Chain Analysis

9 Research Findings and Conclusion

10 Appendix

List of Tables

List of Figures