Comparing 12 vendors in Refrigerants Startups across 0 criteria.

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Summary

The refrigerants market is a dynamic sector integral to various industries such as consumer appliances, pharmaceuticals, and commercial refrigeration. In recent years, this market has been propelled by increasing demand due to the proliferation of consumer appliances and the growth of the pharmaceutical industry. As global temperatures rise and technological advancements are made, the need for efficient and environmentally friendly cooling solutions becomes more pressing. The market for refrigerants is categorized by a range of types, including hydrofluorocarbons (HFCs), hydrocarbons, and natural refrigerants like ammonia and carbon dioxide.

One of the critical drivers in the refrigerants market is the shifting regulatory landscape aimed at reducing the environmental impact of cooling technologies. Regulations have become more stringent regarding the use of certain fluorocarbon refrigerants due to their significant global warming potential. This has spurred innovation in the development of low-global-warming-potential (GWP) refrigerants and an increased emphasis on sustainable practices within the industry.

Key Developments

Major players in the refrigerants market such as Tazzetti S.p.A. (Italy), SRF Limited (India), and Gujarat Fluorochemicals Limited (India), Gas Servei (Spain), Refrigerant Services Inc. (Canada), Quimobásicos, S.A.  and de C.V. (Mexico), are lead the market due to their robust company product portfolios and strategic market presence. These companies have maintained leadership through consistent investments in expanding their capacities and acquiring smaller firms to strengthen their technological capabilities.

Startups in the Market

Pascal: As a new entrant in the refrigerants market, Pascal focuses on manufacturing environmentally friendly refrigerants and aims to leverage technology for efficiency. Founded in the US in 2023, it uses innovative approaches to establish a foothold in the competitive landscape.

Engas Australasia: Situated in Australia, Engas Australasia is categorized as a starting block in the market. Although its presence is currently limited to the domestic sphere, the company seeks opportunities for growth through market consolidation.
Table Of Contents

1.1 Study objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.3.4 Currency Considered
1.3.5 Units Considered
1.4 Stakeholders

2.1 INTRODUCTION

2.2 MARKET DYNAMICS 

2.3 DRIVERS
2.3.1 Increasing demand for consumer appliances
2.3.2 Growing pharmaceutical industry

2.4 RESTRAINTS
2.4.1 Stringent regulations against fluorocarbon refrigerants
2.4.2 Flammability and toxicity issues

2.5 OPPORTUNITIES
2.5.1 Increasing demand for natural refrigerants

2.6 CHALLENGES
2.6.1 Illegal trade of refrigerants

2.7 VALUE CHAIN ANALYSIS
2.8 ECOSYSTEM ANALYSIS 
2.9 INVESTMENT AND FUNDING SCENARIO
2.10 TECHNOLOGY ANALYSIS
2.10.1 KEY TECHNOLOGIES
2.10.2 COMPLEMENTARY TECHNOLOGIES
2.10.3 ADJACENT TECHNOLOGIES

3.1 Overview
3.2 Key Player Strategies/Right to Win, 2020–2024
3.3 Market Share Analysis, 2024
3.4 Revenue Analysis, 2019–2023
3.5 Company Valuation and Financial Metrics, 2024
3.6 Brand Comparison
3.7 Company Evaluation Matrix: Key Players, 2024 
3.7.1 Stars
3.7.2 Emerging Leaders
3.7.3 Pervasive Players
3.7.4 Participants
3.8 Company Footprint: Key Players, 2024
3.8.1 Company Footprint
3.8.2 Region Footprint
3.8.3 Product type footprint
3.8.4 Customer interaction channel footprint
3.8.5 End User Footprint
3.9 Competitive Scenario
3.9.1 Product Launches & Enhancements
3.9.2 Deals

4.1 Tazzetti S.p.A.
4.1.1 Business overview
4.1.2 Products/Solutions/Services offered
4.1.3 Recent developments
4.1.4 MnM view

4.2 SRF Limited   
4.2.1 Business overview
4.2.2 Products/Solutions/Services offered
4.2.3 MnM view

4.3 Gujarat Fluorochemicals Limited
4.3.1 Business overview
4.3.2 Products/Solutions/Services offered
4.3.3 Recent developments
4.3.4 MnM view

4.4 Gas Servei
4.4.1 Business overview
4.4.2 Products/Solutions/Services offered
4.4.3 MnM view

4.5 Refrigerant Services Inc.
4.5.1 Business overview
4.5.2 Products/Solutions/Services offered
4.5.3 MnM view

4.6 Quimobásicos, S.A. de C.V.
4.6.1 Business overview
4.6.2 Products/Solutions/Services offered
4.6.3 Recent developments

4.7 Puyang Zhongwei Fine Chemical Co., Ltd.
4.7.1 Business overview
4.7.2 Products/Solutions/Services offered

4.8  Zhejiang Fotech International Co.
4.8.1 Business overview
4.8.2 Recent developments

4.9  ECO-FREEZE INTERNATIONAL
4.9.1 Business overview
4.9.2 Recent developments

4.10  Navin Fluorine International Limited
4.10.1 Business overview
4.10.2 Recent developments
 

 
Company List

Company List +

Company Headquarters Year Founded Holding Type
Gujarat Fluorochemicals Limited
Navin Fluorine International Limited
SRF Limited
Shandong Yuean Chemical Industry Co., Ltd.
ECO-FREEZE INTERNATIONAL
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Research Methodology
Research Methodology
POWERED BY MARKETSANDMARKETS
Apr 21, 2025

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

360 Quadrants

360 Quadrants is a scientific research methodology by MarketsandMarkets to understand market leaders in 6000+ micro markets

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