Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 81 Pages
Report ld: 4207288
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The global market for R124 Refrigerant was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.
Freon™ 124 (R-124) refrigerant is a hydrochlorofluorocarbon (HCFC) retrofit replacement for R-114 used in centrifugal chillers and high-ambient cooling applications, including overhead cranes.
North American market for R124 Refrigerant is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for R124 Refrigerant is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of R124 Refrigerant include DuPont, Honeywell International Inc, Zhejiang Yonghe Refrigerant Co., Ltd., Refrigerant Solutions Inc., etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for R124 Refrigerant, 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 R124 Refrigerant.
The R124 Refrigerant market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global R124 Refrigerant market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the R124 Refrigerant manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of R124 Refrigerant manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of R124 Refrigerant by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of R124 Refrigerant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, 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 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 R124 Refrigerant Market Overview
1.1 Product Definition
1.2 R124 Refrigerant by Type
1.2.1 Global R124 Refrigerant Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Packing: Disposable Steel Cylinders
1.2.3 Packing: Refillsble Steel Cylinders
1.3 R124 Refrigerant by Application
1.3.1 Global R124 Refrigerant Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Cooling Agent
1.3.3 Foam Blowing Agent
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global R124 Refrigerant Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global R124 Refrigerant Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global R124 Refrigerant Production Estimates and Forecasts (2020-2031)
1.4.4 Global R124 Refrigerant Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global R124 Refrigerant Production Market Share by Manufacturers (2020-2025)
2.2 Global R124 Refrigerant Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of R124 Refrigerant, Industry Ranking, 2023 VS 2024
2.4 Global R124 Refrigerant Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global R124 Refrigerant Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of R124 Refrigerant, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of R124 Refrigerant, Product Offered and Application
2.8 Global Key Manufacturers of R124 Refrigerant, Date of Enter into This Industry
2.9 R124 Refrigerant Market Competitive Situation and Trends
2.9.1 R124 Refrigerant Market Concentration Rate
2.9.2 Global 5 and 10 Largest R124 Refrigerant Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 R124 Refrigerant Production by Region
3.1 Global R124 Refrigerant Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global R124 Refrigerant Production Value by Region (2020-2031)
3.2.1 Global R124 Refrigerant Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of R124 Refrigerant by Region (2026-2031)
3.3 Global R124 Refrigerant Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global R124 Refrigerant Production Volume by Region (2020-2031)
3.4.1 Global R124 Refrigerant Production by Region (2020-2025)
3.4.2 Global Forecasted Production of R124 Refrigerant by Region (2026-2031)
3.5 Global R124 Refrigerant Market Price Analysis by Region (2020-2025)
3.6 Global R124 Refrigerant Production and Value, Year-over-Year Growth
3.6.1 North America R124 Refrigerant Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe R124 Refrigerant Production Value Estimates and Forecasts (2020-2031)
3.6.3 China R124 Refrigerant Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan R124 Refrigerant Production Value Estimates and Forecasts (2020-2031)
4 R124 Refrigerant Consumption by Region
4.1 Global R124 Refrigerant Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global R124 Refrigerant Consumption by Region (2020-2031)
4.2.1 Global R124 Refrigerant Consumption by Region (2020-2025)
4.2.2 Global R124 Refrigerant Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America R124 Refrigerant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America R124 Refrigerant Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe R124 Refrigerant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe R124 Refrigerant Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific R124 Refrigerant Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific R124 Refrigerant Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa R124 Refrigerant Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa R124 Refrigerant Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global R124 Refrigerant Production by Type (2020-2031)
5.1.1 Global R124 Refrigerant Production by Type (2020-2025)
5.1.2 Global R124 Refrigerant Production by Type (2026-2031)
5.1.3 Global R124 Refrigerant Production Market Share by Type (2020-2031)
5.2 Global R124 Refrigerant Production Value by Type (2020-2031)
5.2.1 Global R124 Refrigerant Production Value by Type (2020-2025)
5.2.2 Global R124 Refrigerant Production Value by Type (2026-2031)
5.2.3 Global R124 Refrigerant Production Value Market Share by Type (2020-2031)
5.3 Global R124 Refrigerant Price by Type (2020-2031)
6 Segment by Application
6.1 Global R124 Refrigerant Production by Application (2020-2031)
6.1.1 Global R124 Refrigerant Production by Application (2020-2025)
6.1.2 Global R124 Refrigerant Production by Application (2026-2031)
6.1.3 Global R124 Refrigerant Production Market Share by Application (2020-2031)
6.2 Global R124 Refrigerant Production Value by Application (2020-2031)
6.2.1 Global R124 Refrigerant Production Value by Application (2020-2025)
6.2.2 Global R124 Refrigerant Production Value by Application (2026-2031)
6.2.3 Global R124 Refrigerant Production Value Market Share by Application (2020-2031)
6.3 Global R124 Refrigerant Price by Application (2020-2031)
7 Key Companies Profiled
7.1 DuPont
7.1.1 DuPont R124 Refrigerant Company Information
7.1.2 DuPont R124 Refrigerant Product Portfolio
7.1.3 DuPont R124 Refrigerant Production, Value, Price and Gross Margin (2020-2025)
7.1.4 DuPont Main Business and Markets Served
7.1.5 DuPont Recent Developments/Updates
7.2 Honeywell International Inc
7.2.1 Honeywell International Inc R124 Refrigerant Company Information
7.2.2 Honeywell International Inc R124 Refrigerant Product Portfolio
7.2.3 Honeywell International Inc R124 Refrigerant Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Honeywell International Inc Main Business and Markets Served
7.2.5 Honeywell International Inc Recent Developments/Updates
7.3 Zhejiang Yonghe Refrigerant Co., Ltd.
7.3.1 Zhejiang Yonghe Refrigerant Co., Ltd. R124 Refrigerant Company Information
7.3.2 Zhejiang Yonghe Refrigerant Co., Ltd. R124 Refrigerant Product Portfolio
7.3.3 Zhejiang Yonghe Refrigerant Co., Ltd. R124 Refrigerant Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Zhejiang Yonghe Refrigerant Co., Ltd. Main Business and Markets Served
7.3.5 Zhejiang Yonghe Refrigerant Co., Ltd. Recent Developments/Updates
7.4 Refrigerant Solutions Inc.
7.4.1 Refrigerant Solutions Inc. R124 Refrigerant Company Information
7.4.2 Refrigerant Solutions Inc. R124 Refrigerant Product Portfolio
7.4.3 Refrigerant Solutions Inc. R124 Refrigerant Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Refrigerant Solutions Inc. Main Business and Markets Served
7.4.5 Refrigerant Solutions Inc. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 R124 Refrigerant Industry Chain Analysis
8.2 R124 Refrigerant Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 R124 Refrigerant Production Mode & Process Analysis
8.4 R124 Refrigerant Sales and Marketing
8.4.1 R124 Refrigerant Sales Channels
8.4.2 R124 Refrigerant Distributors
8.5 R124 Refrigerant Customer Analysis
9 R124 Refrigerant Market Dynamics
9.1 R124 Refrigerant Industry Trends
9.2 R124 Refrigerant Market Drivers
9.3 R124 Refrigerant Market Challenges
9.4 R124 Refrigerant Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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