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Global Refrigerant R23 Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope of Refrigerant R23
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Refrigerant R23 Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Disposable Steel Cylinders
    • 1.3.3 Refillsble Steel Cylinders
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Refrigerant R23 Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Cryogenic Coolant
    • 1.4.3 Fire Extinguishing Agent
    • 1.4.4 Others
  • 1.5 Global Refrigerant R23 Market Size & Forecast
    • 1.5.1 Global Refrigerant R23 Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Refrigerant R23 Sales Quantity (2019-2030)
    • 1.5.3 Global Refrigerant R23 Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 DowDuPont
    • 2.1.1 DowDuPont Details
    • 2.1.2 DowDuPont Major Business
    • 2.1.3 DowDuPont Refrigerant R23 Product and Services
    • 2.1.4 DowDuPont Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 DowDuPont Recent Developments/Updates
  • 2.2 Linde
    • 2.2.1 Linde Details
    • 2.2.2 Linde Major Business
    • 2.2.3 Linde Refrigerant R23 Product and Services
    • 2.2.4 Linde Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Linde Recent Developments/Updates
  • 2.3 Honeywell
    • 2.3.1 Honeywell Details
    • 2.3.2 Honeywell Major Business
    • 2.3.3 Honeywell Refrigerant R23 Product and Services
    • 2.3.4 Honeywell Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Honeywell Recent Developments/Updates
  • 2.4 Starget group
    • 2.4.1 Starget group Details
    • 2.4.2 Starget group Major Business
    • 2.4.3 Starget group Refrigerant R23 Product and Services
    • 2.4.4 Starget group Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Starget group Recent Developments/Updates
  • 2.5 Gas Servei S.A.
    • 2.5.1 Gas Servei S.A. Details
    • 2.5.2 Gas Servei S.A. Major Business
    • 2.5.3 Gas Servei S.A. Refrigerant R23 Product and Services
    • 2.5.4 Gas Servei S.A. Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Gas Servei S.A. Recent Developments/Updates
  • 2.6 Ajay Air Products
    • 2.6.1 Ajay Air Products Details
    • 2.6.2 Ajay Air Products Major Business
    • 2.6.3 Ajay Air Products Refrigerant R23 Product and Services
    • 2.6.4 Ajay Air Products Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Ajay Air Products Recent Developments/Updates
  • 2.7 Daikin
    • 2.7.1 Daikin Details
    • 2.7.2 Daikin Major Business
    • 2.7.3 Daikin Refrigerant R23 Product and Services
    • 2.7.4 Daikin Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Daikin Recent Developments/Updates
  • 2.8 Arkema
    • 2.8.1 Arkema Details
    • 2.8.2 Arkema Major Business
    • 2.8.3 Arkema Refrigerant R23 Product and Services
    • 2.8.4 Arkema Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Arkema Recent Developments/Updates
  • 2.9 Chemours
    • 2.9.1 Chemours Details
    • 2.9.2 Chemours Major Business
    • 2.9.3 Chemours Refrigerant R23 Product and Services
    • 2.9.4 Chemours Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Chemours Recent Developments/Updates
  • 2.10 Shanghai 3F New Material
    • 2.10.1 Shanghai 3F New Material Details
    • 2.10.2 Shanghai 3F New Material Major Business
    • 2.10.3 Shanghai 3F New Material Refrigerant R23 Product and Services
    • 2.10.4 Shanghai 3F New Material Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Shanghai 3F New Material Recent Developments/Updates
  • 2.11 Sinochem Lantian
    • 2.11.1 Sinochem Lantian Details
    • 2.11.2 Sinochem Lantian Major Business
    • 2.11.3 Sinochem Lantian Refrigerant R23 Product and Services
    • 2.11.4 Sinochem Lantian Refrigerant R23 Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Sinochem Lantian Recent Developments/Updates

3 Competitive Environment: Refrigerant R23 by Manufacturer

  • 3.1 Global Refrigerant R23 Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Refrigerant R23 Revenue by Manufacturer (2019-2024)
  • 3.3 Global Refrigerant R23 Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Refrigerant R23 by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Refrigerant R23 Manufacturer Market Share in 2023
    • 3.4.2 Top 6 Refrigerant R23 Manufacturer Market Share in 2023
  • 3.5 Refrigerant R23 Market: Overall Company Footprint Analysis
    • 3.5.1 Refrigerant R23 Market: Region Footprint
    • 3.5.2 Refrigerant R23 Market: Company Product Type Footprint
    • 3.5.3 Refrigerant R23 Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Refrigerant R23 Market Size by Region
    • 4.1.1 Global Refrigerant R23 Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Refrigerant R23 Consumption Value by Region (2019-2030)
    • 4.1.3 Global Refrigerant R23 Average Price by Region (2019-2030)
  • 4.2 North America Refrigerant R23 Consumption Value (2019-2030)
  • 4.3 Europe Refrigerant R23 Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Refrigerant R23 Consumption Value (2019-2030)
  • 4.5 South America Refrigerant R23 Consumption Value (2019-2030)
  • 4.6 Middle East and Africa Refrigerant R23 Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 5.2 Global Refrigerant R23 Consumption Value by Type (2019-2030)
  • 5.3 Global Refrigerant R23 Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 6.2 Global Refrigerant R23 Consumption Value by Application (2019-2030)
  • 6.3 Global Refrigerant R23 Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 7.2 North America Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 7.3 North America Refrigerant R23 Market Size by Country
    • 7.3.1 North America Refrigerant R23 Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Refrigerant R23 Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 8.2 Europe Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 8.3 Europe Refrigerant R23 Market Size by Country
    • 8.3.1 Europe Refrigerant R23 Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Refrigerant R23 Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Refrigerant R23 Market Size by Region
    • 9.3.1 Asia-Pacific Refrigerant R23 Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Refrigerant R23 Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 10.2 South America Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 10.3 South America Refrigerant R23 Market Size by Country
    • 10.3.1 South America Refrigerant R23 Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Refrigerant R23 Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Refrigerant R23 Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Refrigerant R23 Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Refrigerant R23 Market Size by Country
    • 11.3.1 Middle East & Africa Refrigerant R23 Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Refrigerant R23 Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Refrigerant R23 Market Drivers
  • 12.2 Refrigerant R23 Market Restraints
  • 12.3 Refrigerant R23 Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Refrigerant R23 and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Refrigerant R23
  • 13.3 Refrigerant R23 Production Process
  • 13.4 Refrigerant R23 Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Refrigerant R23 Typical Distributors
  • 14.3 Refrigerant R23 Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Refrigerant R23 market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
    Refrigerant R23, also known as trifluoromethane, is a hydrofluorocarbon (HFC) compound used as a refrigerant in low-temperature applications. With a molecular formula of CHF3 and a boiling point of -82.1 degrees Celsius (-115.8 degrees Fahrenheit), R23 is well-suited for cooling systems that require extremely low temperatures. It is commonly employed in industrial refrigeration, cryogenic systems, and research laboratories. However, it is crucial to note that R23 has a high global warming potential (GWP), contributing to climate change. Due to environmental concerns, there is a growing trend in the industry to phase out or restrict the use of R23 and adopt more environmentally friendly refrigerants with lower GWPs.
    The industry trend regarding Refrigerant R23 is moving towards minimizing its usage and exploring alternative options. This transition is driven by the significant impact of R23 on global warming, given its high GWP of approximately 14,800. Global regulations and agreements, such as the Kigali Amendment to the Montreal Protocol, aim to reduce the production and consumption of HFCs like R23. As a result, there is increasing focus on utilizing refrigerants with lower GWPs, such as hydrofluoroolefins (HFOs) or natural refrigerants like ammonia (R-717) and carbon dioxide (R-744). These alternatives offer more sustainable and climate-friendly options for various cooling applications.
    The Global Info Research report includes an overview of the development of the Refrigerant R23 industry chain, the market status of Cryogenic Coolant (Disposable Steel Cylinders, Refillsble Steel Cylinders), Fire Extinguishing Agent (Disposable Steel Cylinders, Refillsble Steel Cylinders), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Refrigerant R23.
    Regionally, the report analyzes the Refrigerant R23 markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Refrigerant R23 market, with robust domestic demand, supportive policies, and a strong manufacturing base.
    Key Features:
    The report presents comprehensive understanding of the Refrigerant R23 market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Refrigerant R23 industry.
    The report involves analyzing the market at a macro level:
    Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Disposable Steel Cylinders, Refillsble Steel Cylinders).
    Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Refrigerant R23 market.
    Regional Analysis: The report involves examining the Refrigerant R23 market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
    Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Refrigerant R23 market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
    The report also involves a more granular approach to Refrigerant R23:
    Company Analysis: Report covers individual Refrigerant R23 manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
    Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Refrigerant R23 This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Cryogenic Coolant, Fire Extinguishing Agent).
    Technology Analysis: Report covers specific technologies relevant to Refrigerant R23. It assesses the current state, advancements, and potential future developments in Refrigerant R23 areas.
    Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Refrigerant R23 market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
    Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
    Market Segmentation
    Refrigerant R23 market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
    Market segment by Type
    Disposable Steel Cylinders
    Refillsble Steel Cylinders
    Market segment by Application
    Cryogenic Coolant
    Fire Extinguishing Agent
    Others
    Major players covered
    DowDuPont
    Linde
    Honeywell
    Starget group
    Gas Servei S.A.
    Ajay Air Products
    Daikin
    Arkema
    Chemours
    Shanghai 3F New Material
    Sinochem Lantian
    Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Refrigerant R23 product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Refrigerant R23, with price, sales, revenue and global market share of Refrigerant R23 from 2019 to 2024.
    Chapter 3, the Refrigerant R23 competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Refrigerant R23 breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Refrigerant R23 market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Refrigerant R23.
    Chapter 14 and 15, to describe Refrigerant R23 sales channel, distributors, customers, research findings and conclusion.

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