Industry: Chemical & Material
Published Date: 2025-11-09
Pages: 92 Pages
Report ld: 5403139
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The global R290 Refrigerant market size was 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.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on R290 Refrigerant market competitiveness, regional economic performance, and supply chain configurations.
R290 is a refrigerant-grade propane used on a wide range of commercial refrigeration and air conditioning units. A highly pure propane, it has a low environmental impact and nominal global warming potential (GWP), meaning it possesses no qualities that can destroy the ozone layer. R290 also is the preferred hydrocarbon alternative of the Environmental Protection Agency (EPA), substituting more harmful fluorocarbon refrigerants like R22, R134a, R404a and R502.
The North America R290 Refrigerant market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.
The global key manufacturers of R290 Refrigerant include Evonik, Re-Atlantis Pressure Gauge, Sigma-Aldrich, Ark Pharma Scientific Limited, Tractus, Tokyo Chemical Industry (TCI), Zhongwei Fine Chemical, Shandong Yue’an New Material, Heze Sirloong Chemical, Nanjing ZL Energy, etc. In 2024, the global top five players occupied for a share approximately % in terms of revenue.
In North America, in terms of sales volume, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.
The global R290 Refrigerant market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of R290 Refrigerant market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Repeatable Cylinder Packing in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Cool Units in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the R290 Refrigerant value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 R290 Refrigerant Product Scope
1.2 R290 Refrigerant by Type
1.2.1 Global R290 Refrigerant Sales by Type (2020 & 2024 & 2031)
1.2.2 Disposable Cylinder Packing
1.2.3 Repeatable Cylinder Packing
1.3 R290 Refrigerant by Application
1.3.1 Global R290 Refrigerant Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Refrigerators/Freezers
1.3.3 Cool Units
1.3.4 Air Condition
1.3.5 Others
1.4 Global R290 Refrigerant Market Estimates and Forecasts (2020-2031)
1.4.1 Global R290 Refrigerant Market Size in Value Growth Rate (2020-2031)
1.4.2 Global R290 Refrigerant Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global R290 Refrigerant Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global R290 Refrigerant Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global R290 Refrigerant Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global R290 Refrigerant Sales Market Share by Region (2020-2025)
2.2.2 Global R290 Refrigerant Revenue Market Share by Region (2020-2025)
2.3 Global R290 Refrigerant Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global R290 Refrigerant Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global R290 Refrigerant Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America R290 Refrigerant Market Size and Prospective (2020-2031)
2.4.2 Europe R290 Refrigerant Market Size and Prospective (2020-2031)
2.4.3 China R290 Refrigerant Market Size and Prospective (2020-2031)
2.4.4 Japan R290 Refrigerant Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global R290 Refrigerant Historic Market Review by Type (2020-2025)
3.1.1 Global R290 Refrigerant Sales by Type (2020-2025)
3.1.2 Global R290 Refrigerant Revenue by Type (2020-2025)
3.1.3 Global R290 Refrigerant Price by Type (2020-2025)
3.2 Global R290 Refrigerant Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global R290 Refrigerant Sales Forecast by Type (2026-2031)
3.2.2 Global R290 Refrigerant Revenue Forecast by Type (2026-2031)
3.2.3 Global R290 Refrigerant Price Forecast by Type (2026-2031)
3.3 Different Types R290 Refrigerant Representative Players
4 Global Market Size by Application
4.1 Global R290 Refrigerant Historic Market Review by Application (2020-2025)
4.1.1 Global R290 Refrigerant Sales by Application (2020-2025)
4.1.2 Global R290 Refrigerant Revenue by Application (2020-2025)
4.1.3 Global R290 Refrigerant Price by Application (2020-2025)
4.2 Global R290 Refrigerant Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global R290 Refrigerant Sales Forecast by Application (2026-2031)
4.2.2 Global R290 Refrigerant Revenue Forecast by Application (2026-2031)
4.2.3 Global R290 Refrigerant Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in R290 Refrigerant Application
5 Competition Landscape by Players
5.1 Global R290 Refrigerant Sales by Players (2020-2025)
5.2 Global Top R290 Refrigerant Players by Revenue (2020-2025)
5.3 Global R290 Refrigerant Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in R290 Refrigerant as of 2024)
5.4 Global R290 Refrigerant Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of R290 Refrigerant, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of R290 Refrigerant, Product Type & Application
5.7 Global Key Manufacturers of R290 Refrigerant, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America R290 Refrigerant Sales by Company
6.1.1.1 North America R290 Refrigerant Sales by Company (2020-2025)
6.1.1.2 North America R290 Refrigerant Revenue by Company (2020-2025)
6.1.2 North America R290 Refrigerant Sales Breakdown by Type (2020-2025)
6.1.3 North America R290 Refrigerant Sales Breakdown by Application (2020-2025)
6.1.4 North America R290 Refrigerant Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe R290 Refrigerant Sales by Company
6.2.1.1 Europe R290 Refrigerant Sales by Company (2020-2025)
6.2.1.2 Europe R290 Refrigerant Revenue by Company (2020-2025)
6.2.2 Europe R290 Refrigerant Sales Breakdown by Type (2020-2025)
6.2.3 Europe R290 Refrigerant Sales Breakdown by Application (2020-2025)
6.2.4 Europe R290 Refrigerant Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China R290 Refrigerant Sales by Company
6.3.1.1 China R290 Refrigerant Sales by Company (2020-2025)
6.3.1.2 China R290 Refrigerant Revenue by Company (2020-2025)
6.3.2 China R290 Refrigerant Sales Breakdown by Type (2020-2025)
6.3.3 China R290 Refrigerant Sales Breakdown by Application (2020-2025)
6.3.4 China R290 Refrigerant Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan R290 Refrigerant Sales by Company
6.4.1.1 Japan R290 Refrigerant Sales by Company (2020-2025)
6.4.1.2 Japan R290 Refrigerant Revenue by Company (2020-2025)
6.4.2 Japan R290 Refrigerant Sales Breakdown by Type (2020-2025)
6.4.3 Japan R290 Refrigerant Sales Breakdown by Application (2020-2025)
6.4.4 Japan R290 Refrigerant Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Evonik
7.1.1 Evonik Company Information
7.1.2 Evonik Business Overview
7.1.3 Evonik R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Evonik R290 Refrigerant Products Offered
7.1.5 Evonik Recent Development
7.2 Re-Atlantis Pressure Gauge
7.2.1 Re-Atlantis Pressure Gauge Company Information
7.2.2 Re-Atlantis Pressure Gauge Business Overview
7.2.3 Re-Atlantis Pressure Gauge R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Re-Atlantis Pressure Gauge R290 Refrigerant Products Offered
7.2.5 Re-Atlantis Pressure Gauge Recent Development
7.3 Sigma-Aldrich
7.3.1 Sigma-Aldrich Company Information
7.3.2 Sigma-Aldrich Business Overview
7.3.3 Sigma-Aldrich R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Sigma-Aldrich R290 Refrigerant Products Offered
7.3.5 Sigma-Aldrich Recent Development
7.4 Ark Pharma Scientific Limited
7.4.1 Ark Pharma Scientific Limited Company Information
7.4.2 Ark Pharma Scientific Limited Business Overview
7.4.3 Ark Pharma Scientific Limited R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Ark Pharma Scientific Limited R290 Refrigerant Products Offered
7.4.5 Ark Pharma Scientific Limited Recent Development
7.5 Tractus
7.5.1 Tractus Company Information
7.5.2 Tractus Business Overview
7.5.3 Tractus R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Tractus R290 Refrigerant Products Offered
7.5.5 Tractus Recent Development
7.6 Tokyo Chemical Industry (TCI)
7.6.1 Tokyo Chemical Industry (TCI) Company Information
7.6.2 Tokyo Chemical Industry (TCI) Business Overview
7.6.3 Tokyo Chemical Industry (TCI) R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Tokyo Chemical Industry (TCI) R290 Refrigerant Products Offered
7.6.5 Tokyo Chemical Industry (TCI) Recent Development
7.7 Zhongwei Fine Chemical
7.7.1 Zhongwei Fine Chemical Company Information
7.7.2 Zhongwei Fine Chemical Business Overview
7.7.3 Zhongwei Fine Chemical R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Zhongwei Fine Chemical R290 Refrigerant Products Offered
7.7.5 Zhongwei Fine Chemical Recent Development
7.8 Shandong Yue’an New Material
7.8.1 Shandong Yue’an New Material Company Information
7.8.2 Shandong Yue’an New Material Business Overview
7.8.3 Shandong Yue’an New Material R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Shandong Yue’an New Material R290 Refrigerant Products Offered
7.8.5 Shandong Yue’an New Material Recent Development
7.9 Heze Sirloong Chemical
7.9.1 Heze Sirloong Chemical Company Information
7.9.2 Heze Sirloong Chemical Business Overview
7.9.3 Heze Sirloong Chemical R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Heze Sirloong Chemical R290 Refrigerant Products Offered
7.9.5 Heze Sirloong Chemical Recent Development
7.10 Nanjing ZL Energy
7.10.1 Nanjing ZL Energy Company Information
7.10.2 Nanjing ZL Energy Business Overview
7.10.3 Nanjing ZL Energy R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Nanjing ZL Energy R290 Refrigerant Products Offered
7.10.5 Nanjing ZL Energy Recent Development
7.11 JM Chemical
7.11.1 JM Chemical Company Information
7.11.2 JM Chemical Business Overview
7.11.3 JM Chemical R290 Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.11.4 JM Chemical R290 Refrigerant Products Offered
7.11.5 JM Chemical Recent Development
8 R290 Refrigerant Manufacturing Cost Analysis
8.1 R290 Refrigerant Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of R290 Refrigerant
8.4 R290 Refrigerant Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 R290 Refrigerant Distributors List
9.3 R290 Refrigerant Customers
10 R290 Refrigerant Market Dynamics
10.1 R290 Refrigerant Industry Trends
10.2 R290 Refrigerant Market Drivers
10.3 R290 Refrigerant Market Challenges
10.4 R290 Refrigerant Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 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
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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