Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 84 Pages
Report ld: 4213938
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The global market for R124 Refrigerant was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.
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 was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for R124 Refrigerant was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for R124 Refrigerant was valued at $ million in 2024 and will reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global key companies of R124 Refrigerant include DuPont, Honeywell International Inc, Zhejiang Yonghe Refrigerant Co., Ltd., Refrigerant Solutions Inc., etc. In 2024, the global five largest players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for R124 Refrigerant, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of R124 Refrigerant by region & country, by Type, and by Application.
The R124 Refrigerant market size, estimations, and forecasts are provided in terms of sales volume (Kiloton) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of R124 Refrigerant manufacturers competitive landscape, price, sales and revenue market share, latest development plan, 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 R124 Refrigerant 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 R124 Refrigerant 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, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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.
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TABLE OF CONTENTS
1 Market Overview
1.1 R124 Refrigerant Product Introduction
1.2 Global R124 Refrigerant Market Size Forecast
1.2.1 Global R124 Refrigerant Sales Value (2020-2031)
1.2.2 Global R124 Refrigerant Sales Volume (2020-2031)
1.2.3 Global R124 Refrigerant Sales Price (2020-2031)
1.3 R124 Refrigerant Market Trends & Drivers
1.3.1 R124 Refrigerant Industry Trends
1.3.2 R124 Refrigerant Market Drivers & Opportunity
1.3.3 R124 Refrigerant Market Challenges
1.3.4 R124 Refrigerant Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global R124 Refrigerant Players Revenue Ranking (2024)
2.2 Global R124 Refrigerant Revenue by Company (2020-2025)
2.3 Global R124 Refrigerant Players Sales Volume Ranking (2024)
2.4 Global R124 Refrigerant Sales Volume by Company Players (2020-2025)
2.5 Global R124 Refrigerant Average Price by Company (2020-2025)
2.6 Key Manufacturers R124 Refrigerant Manufacturing Base and Headquarters
2.7 Key Manufacturers R124 Refrigerant Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of R124 Refrigerant
2.9 R124 Refrigerant Market Competitive Analysis
2.9.1 R124 Refrigerant Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by R124 Refrigerant Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in R124 Refrigerant as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Packing: Disposable Steel Cylinders
3.1.2 Packing: Refillsble Steel Cylinders
3.2 Global R124 Refrigerant Sales Value by Type
3.2.1 Global R124 Refrigerant Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global R124 Refrigerant Sales Value, by Type (2020-2031)
3.2.3 Global R124 Refrigerant Sales Value, by Type (%) (2020-2031)
3.3 Global R124 Refrigerant Sales Volume by Type
3.3.1 Global R124 Refrigerant Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global R124 Refrigerant Sales Volume, by Type (2020-2031)
3.3.3 Global R124 Refrigerant Sales Volume, by Type (%) (2020-2031)
3.4 Global R124 Refrigerant Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Cooling Agent
4.1.2 Foam Blowing Agent
4.1.3 Other
4.2 Global R124 Refrigerant Sales Value by Application
4.2.1 Global R124 Refrigerant Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global R124 Refrigerant Sales Value, by Application (2020-2031)
4.2.3 Global R124 Refrigerant Sales Value, by Application (%) (2020-2031)
4.3 Global R124 Refrigerant Sales Volume by Application
4.3.1 Global R124 Refrigerant Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global R124 Refrigerant Sales Volume, by Application (2020-2031)
4.3.3 Global R124 Refrigerant Sales Volume, by Application (%) (2020-2031)
4.4 Global R124 Refrigerant Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global R124 Refrigerant Sales Value by Region
5.1.1 Global R124 Refrigerant Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global R124 Refrigerant Sales Value by Region (2020-2025)
5.1.3 Global R124 Refrigerant Sales Value by Region (2026-2031)
5.1.4 Global R124 Refrigerant Sales Value by Region (%), (2020-2031)
5.2 Global R124 Refrigerant Sales Volume by Region
5.2.1 Global R124 Refrigerant Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global R124 Refrigerant Sales Volume by Region (2020-2025)
5.2.3 Global R124 Refrigerant Sales Volume by Region (2026-2031)
5.2.4 Global R124 Refrigerant Sales Volume by Region (%), (2020-2031)
5.3 Global R124 Refrigerant Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America R124 Refrigerant Sales Value, 2020-2031
5.4.2 North America R124 Refrigerant Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe R124 Refrigerant Sales Value, 2020-2031
5.5.2 Europe R124 Refrigerant Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific R124 Refrigerant Sales Value, 2020-2031
5.6.2 Asia Pacific R124 Refrigerant Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America R124 Refrigerant Sales Value, 2020-2031
5.7.2 South America R124 Refrigerant Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa R124 Refrigerant Sales Value, 2020-2031
5.8.2 Middle East & Africa R124 Refrigerant Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions R124 Refrigerant Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions R124 Refrigerant Sales Value
6.2.1 Key Countries/Regions R124 Refrigerant Sales Value, 2020-2031
6.2.2 Key Countries/Regions R124 Refrigerant Sales Volume, 2020-2031
6.3 United States
6.3.1 United States R124 Refrigerant Sales Value, 2020-2031
6.3.2 United States R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.3.3 United States R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe R124 Refrigerant Sales Value, 2020-2031
6.4.2 Europe R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China R124 Refrigerant Sales Value, 2020-2031
6.5.2 China R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.5.3 China R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan R124 Refrigerant Sales Value, 2020-2031
6.6.2 Japan R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea R124 Refrigerant Sales Value, 2020-2031
6.7.2 South Korea R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia R124 Refrigerant Sales Value, 2020-2031
6.8.2 Southeast Asia R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia R124 Refrigerant Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India R124 Refrigerant Sales Value, 2020-2031
6.9.2 India R124 Refrigerant Sales Value by Type (%), 2024 VS 2031
6.9.3 India R124 Refrigerant Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 DuPont
7.1.1 DuPont Company Information
7.1.2 DuPont Introduction and Business Overview
7.1.3 DuPont R124 Refrigerant Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 DuPont R124 Refrigerant Product Offerings
7.1.5 DuPont Recent Development
7.2 Honeywell International Inc
7.2.1 Honeywell International Inc Company Information
7.2.2 Honeywell International Inc Introduction and Business Overview
7.2.3 Honeywell International Inc R124 Refrigerant Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Honeywell International Inc R124 Refrigerant Product Offerings
7.2.5 Honeywell International Inc Recent Development
7.3 Zhejiang Yonghe Refrigerant Co., Ltd.
7.3.1 Zhejiang Yonghe Refrigerant Co., Ltd. Company Information
7.3.2 Zhejiang Yonghe Refrigerant Co., Ltd. Introduction and Business Overview
7.3.3 Zhejiang Yonghe Refrigerant Co., Ltd. R124 Refrigerant Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Zhejiang Yonghe Refrigerant Co., Ltd. R124 Refrigerant Product Offerings
7.3.5 Zhejiang Yonghe Refrigerant Co., Ltd. Recent Development
7.4 Refrigerant Solutions Inc.
7.4.1 Refrigerant Solutions Inc. Company Information
7.4.2 Refrigerant Solutions Inc. Introduction and Business Overview
7.4.3 Refrigerant Solutions Inc. R124 Refrigerant Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Refrigerant Solutions Inc. R124 Refrigerant Product Offerings
7.4.5 Refrigerant Solutions Inc. Recent Development
8 Industry Chain Analysis
8.1 R124 Refrigerant Industrial Chain
8.2 R124 Refrigerant Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 R124 Refrigerant Sales Model
8.5.2 Sales Channel
8.5.3 R124 Refrigerant Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 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
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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