Aerosol Refrigerants Market Size & Share, by Product Type (HFC-143a, HFC-32, HFC-125, and SF6); Container Type; and End use - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

Aerosol Refrigerants Industry - Regional Synopsis

Asia Pacific Market Statistics

Asia Pacific aerosol refrigerants market is expected to dominate revenue share of around 42.9% by the end of 2037. Rapid urbanization and industrialization have increased the demand for cooling solutions in the manufacturing, construction, and consumer sectors.  The growing population and increasing living standards are driving up the demand for air conditioning, refrigeration, and cold storage facilities, resulting in the use of aerosol refrigerants.

Refrigerant Management Regulations are in place to prevent the uncontrolled discharge of refrigerants into the atmosphere and to manage refrigerants from their sale to disposal.  (Refrigerants have 140–11,700 times more GWP than CO2.  This law governs the manufacture, use, recovery, and disposal of refrigerants by requiring associated businesses or organizations to report sales records (every half year), management records (annually), and recovery records (every half year).

 China is actively creating and enforcing regulations to reduce the use of hydrofluorocarbons (HFCs) and hydrochlorofluorocarbons (HCFCs) in the air conditioning and refrigeration industries. These regulations include encouraging the use of R290 refrigerant and outlawing the manufacture of specific HFC-based refrigerants.  China agreed to several targets and actions to help reduce fluorinated gases, including the prohibition of direct refrigerant emissions and the requirement for recycling, reuse, and harmless disposal of these substances throughout servicing and end-of-life procedures. These limitations are incorporated in the recently modified regulation on the administration of ozone-depleting substances.

China's Ministry of Commerce, along with eight other national ministries and agencies, released policy recommendations to promote household appliance recycling, to increase the recycling rate by 15% by 2025 compared to 2023 levels. It intends to achieve its goals by establishing pilot recycling cities, growing the recycling industry, promoting best practices/models, and implementing legislation, policies, and standards.

India is expanding significantly due to the rising demand for aerosols across several industries, most notably manufacturing and the automobile sector.  Several causes, including rising global warming temperatures and increased prosperity, are contributing to India's 10-15% yearly growth in demand for air conditioning. Compared to other growing and developed nations, air conditioners marketed in India have among the lowest average energy efficiency.

They also employ refrigerants with GWPs ranging from medium to high.  India can cut cooling energy demand by 40% and greenhouse gas (GHG) emissions by 400 million tons yearly by 2030 if it begins to double the existing rate of AC energy efficiency improvements (from 3% to 6% annually) and switch to natural refrigerants from medium- to high-GWP refrigerants.  Compared to installing 100 Gigawatt (GW) of solar PV facilities, this reduces greenhouse gas emissions more.  The results of this study were presented at the iFOREST-organized webinar on "Green Cooling in India," which influenced the conversation around eco-friendly and clean cooling solutions in the country.

Europe Market Analysis

In Europe, the development of aerosol refrigerants market is driven by rigorous environmental regulations and an increasing need for sustainable, low-GWP solutions, resulting in a trend toward natural refrigerants and alternatives to high-GWP refrigerants.  The widespread usage of this substance in mobile air conditioning and household refrigeration has resulted in a large growth in hydrocarbon and inorganic refrigerants across Europe.

R134a, a refrigerant used in automotive air conditioning, is restricted in new cars under EU Directive 2006/40/EC on mobile air-conditioning systems (the 'MAC Directive').  The R1234yf is the most common replacement, being used almost completely.  The sole option is CO2, which is already utilized by some automobile manufacturers and is likely to become more common in the future.  CO2 is also predicted to be accessible as an alternative in the future for heavy vehicles, buses, and trains.

In the U.K., aerosol refrigerants market uses, commonly referred to as aerosol propellants, for air conditioning, refrigeration, and other purposes.  Their use is impacted by the F-gas rule, which mandates that technicians handling them receive certification and training.  Electrical switchgear (4.1%), closed-cell insulation foams (3.3%), fire protection systems (2.5%), medical inhalers and aerosols (9.8%), refrigeration, air conditioning, and heat pumps (79.5% of 2020 emissions), and other specialized applications (0.8%), including the production of semi-conductors, solvents, and tracer gases, are among the applications for F gases.

The Kigali Amendment to the Montreal Protocol was ratified in 2016, and the Protocol's Parties agreed to minimize worldwide HFC production and consumption.  According to this Amendment, the affluent U.K. must cut HFC production and consumption by 85% by 2036.  The eventual goal of the phasedown under the Kigali Amendment thus goes further than the current F-gas Regulation, while the phasedown under the Regulation means the U.K. is now well ahead of the timeframe set by the Kigali Amendment.

In Germany, the purpose of strict regulations on the use of fluorinated greenhouse gases (F-gases), such as those used as aerosol propellants and refrigerants, is to phase out high GWP refrigerants and promote natural alternatives.  The global greenhouse effect is caused by F-gases to the tune of about 1.3%.  A 2010 UBA research estimates that, in the absence of the Kigali Amendment, F-Gas emissions would have accounted for 7.9% of direct global CO2 emissions by 2050.

 The principal applications for fluorinated greenhouse gases today are fire extinguishing agents, foam and insulation blowing agents, aerosol propellants, and refrigerants.  Aside from technical solutions, the introduction of targeted substitute agents or alternative technologies is crucial to lowering emissions from these compounds.  This is where the European Union's Regulation (EU) on fluorinated greenhouse gases and the Directive on emissions from motor vehicle air conditioning systems begin.