Comparing 12 vendors in Refrigerants Startups across 0 criteria.
Comprehensive Company Analysis - Business strategy, SWOT, financials, growth areas, M&A moves
Market Position & Share Insights - Visual competitive landscape (like the quadrant above)
Segment-level Benchmarking - Product, region, and end-user vertical
Image & Report PDF Downloads - Ready-to-use for presentations and strategy sessions
Demand Generation [Optional Buy] - License quadrant to drive demand & showcase leadership
Summary
The global refrigerants market is a dynamic and evolving sector characterized by a significant shift towards sustainable practices and technologies. Refrigerants are integral to the functioning of air conditioning systems and refrigeration units, playing a crucial role in various domestic, commercial, and industrial applications. The market's growth is primarily driven by the rising demand for consumer appliances and the expanding pharmaceutical industry, particularly in emerging markets like Asia Pacific. This region, with its growing population, rapid urbanization, and increasing disposable income, is expected to continue its dominance in the refrigerants market.
Key Market Drivers and Applications:
Companies are increasingly adopting strategies such as product launches, mergers and acquisitions, and strategic partnerships to enhance their market presence and drive growth. Key players in the industry, such as Arkema, Daikin Industries, and Honeywell International, are investing significantly in research and development to introduce novel products that meet evolving regulatory standards and consumer demands. Overall, the refrigerants market is poised for substantial growth, supported by a favorable economic outlook, increased consumer spending, and technological advancements.
360Quadrants Evaluation Framework for Refrigerants Startups
The 360 Startup/SMEs evaluation matrix provides a comprehensive company assessment of major start-ups and SMEs, offering the Refrigerants Startups Market Quadrant. It outlines key findings and analyzes how effectively each market vendor performs based on predefined competitive leadership mapping criteria. Vendor evaluations are conducted based on product footprint and market share/rank. Each category includes various criteria upon which the vendors are assessed. The top criteria for product footprint evaluation included Type (HFC & blends, HFO, ammonia, carbon dioxide, isobutane, propane, and other types), Application (refrigeration systems, air conditioning systems, Mobile air conditioning, chillers).
Startups/SME Companies in the Refrigerants Startups Market Landscape
Tazzetti S.p.A. (Italy): Positioned as a progressive company, Tazzetti has demonstrated excellent performance in the refrigerants market. It has effectively utilized its substantial partner ecosystems and robust marketing channels to enhance its market footprint.
SRF Limited (India) This company is recognized for its substantial product footprint, offering a wide range of refrigerants and catering to various applications through well-established partnerships and robust manufacturing capabilities.
Gas Servei (Spain): Known for its innovative product offerings, Gas Servei focuses on developing new technologies to remain competitive, although it still lacks comprehensive business strategies to capture broader market share.
Refrigerant Services Inc. (Canada): As a responsive entity, it employs innovative approaches to improve its product offerings in the market, aiming to enhance its technological capabilities.
Engas Australasia (Australia): Engas is categorized under starting blocks, indicating its potential for market consolidation, despite a limited global presence and a domestic market focus.
1 INTRODUCTION
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered and Regional Scope
1.3.2 Inclusions and Exclusions
1.3.3 Years Considered
1.3.4 Currency Considered
1.3.5 Unit Considered
1.4 Stakeholders
1.5 Summary of Changes
2 MARKET OVERVIEW
2.1 Introduction
2.2 Market Dynamics
2.2.1 Drivers
2.2.1.1 Increasing demand for consumer appliances
2.2.1.2 Growing pharmaceutical industry
2.2.2 Restraints
2.2.2.1 Stringent regulations against fluorocarbon refrigerants
2.2.2.2 Flammability and toxicity issues
2.2.3 Opportunities
2.2.3.1 Increasing demand for natural refrigerants
2.2.4 Challenges
2.2.4.1 Illegal trade of refrigerants
2.3 Porter’s Five Forces Analysis
2.3.1 Threat of New Entrants
2.3.2 Threat of Substitutes
2.3.3 Bargaining Power of Suppliers
2.3.4 Bargaining Power of Buyers
2.3.5 Intensity of Competitive Rivalry
2.4 Macroeconomic Indicators
2.4.1 GDP Trends and Forecast
2.5 Supply Chain Analysis
2.6 Trends/Disruptions Impacting Customer Business
2.7 Ecosystem Analysis
2.8 Technology Analysis
2.8.1 Key Technologies
2.8.1.1 Not-in-kind cooling technology
2.8.2 Complementary Technologies
2.8.2.1 Magnetic refrigeration
2.9 Trade Analysis
2.9.1 Import Scenario (HS Code 290317)
2.9.2 Export Scenario (HS Code 290317)
2.10 Key Conferences and Events, 2025
2.11 Investment and Funding Scenario
2.12 Patent Analysis
2.12.1 Methodology
2.12.2 Document Types
2.12.3 Top Applicants
2.12.4 Jurisdiction Analysis
2.13 Impact of AI/Gen AI on Refrigerants Market
3 COMPETITIVE LANDSCAPE
3.1 Overview
3.2 Key Player Strategies/Right to Win
3.3 Market Share Analysis
3.4 Revenue Analysis
3.5 Company Evaluation Matrix: Key Players, 2023
3.5.1 Stars
3.5.2 Emerging Leaders
3.5.3 Pervasive Players
3.5.4 Participants
3.6 Company Evaluation Matrix: Startups/SMEs, 2023
3.6.1 Progressive Companies
3.6.2 Responsive Companies
3.6.3 Dynamic Companies
3.6.4 Starting Blocks
3.6.5 Competitive Benchmarking: Startups/SMEs, 2023
3.6.5.1 Detailed list of key startups/SMEs
3.6.5.2 Competitive benchmarking of key startups/SMEs
3.7 Brand/Product Comparison Analysis
3.8 Company Valuation and Financial Metrics
3.9 Competitive Scenario
3.9.1 Product Launches
3.9.2 Deals
3.9.3 Expansions
3.9.4 Others
4 COMPANY PROFILES
4.1 SRF LIMITED
4.1.1 Business overview
4.1.2 Products/Solutions/Services offered
4.1.3 Recent developments
4.2 GUJARAT FLUOROCHEMICALS LIMITED
4.2.1 Business overview
4.2.2 Products/Solutions/Services offered
4.2.3 Recent developments
4.3 NAVIN FLUORINE INTERNATIONAL LIMITED
4.3.1 Business overview
4.3.2 Products/Solutions/Services offered
4.3.3 Recent developments
4.4 SHANDONG YUEAN CHEMICAL INDUSTRY CO., LTD.
4.4.1 Business overview
4.4.2 Products/Solutions/Services offered
4.4.3 Recent developments
4.5 QUIMOBÁSICOS, S.A. DE C.V.
4.5.1 Business overview
4.5.2 Products/Solutions/Services offered
4.5.3 Recent developments
4.6 TAZZETTI S.P.A.
4.6.1 Business overview
4.6.2 Products/Solutions/Services offered
4.6.3 Recent developments
4.7 GAS SERVEI
4.7.1 Business overview
4.7.2 Products/Solutions/Services offered
4.7.3 Recent developments
4.8 ZHEJIANG FOTECH INTERNATIONAL CO.
4.8.1 Business overview
4.8.2 Products/Solutions/Services offered
4.8.3 Recent developments
4.9 REFRIGERANT SERVICES INC.
4.9.1 Business overview
4.9.2 Products/Solutions/Services offered
4.9.3 Recent developments
4.10 ECO-FREEZE INTERNATIONAL
4.10.1 Business overview
4.10.2 Products/Solutions/Services offered
4.10.3 Recent developments
4.11 ENGAS AUSTRALASIA
4.11.1 Business overview
4.11.2 Products/Solutions/Services offered
4.11.3 Recent developments
May 2025
Hindustan Herald
