| Product Code: ETC13206791 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Ammonia Refrigerant Market was valued at USD 3.9 Billion in 2024 and is expected to reach USD 5.4 Billion by 2031, growing at a compound annual growth rate of 4.70% during the forecast period (2025-2031).
The Global Ammonia Refrigerant Market is witnessing steady growth driven by increasing demand for eco-friendly and energy-efficient refrigeration solutions. Ammonia is a popular choice among industries due to its excellent thermodynamic properties, low environmental impact, and cost-effectiveness. The market is primarily driven by the growing awareness about environmental sustainability and stringent regulations regarding the use of synthetic refrigerants. The food and beverage industry accounts for a significant portion of the market share, followed by industrial refrigeration and cold storage applications. Key market players are focusing on product innovation, strategic partnerships, and expansions to cater to the rising demand for ammonia refrigerants. However, challenges such as safety concerns and stringent regulations related to ammonia handling and storage may hinder market growth in some regions.
The Global Ammonia Refrigerant Market is experiencing a growing demand due to its eco-friendly and energy-efficient properties, aligning with the increasing focus on sustainable refrigeration solutions. The phase-out of synthetic refrigerants like HCFCs and HFCs under environmental regulations is driving the adoption of ammonia refrigerants in industrial refrigeration, cold storage, and food processing applications. The market is also benefiting from the expanding cold chain infrastructure in developing economies and the rising demand for natural refrigerants in response to climate change concerns. Opportunities exist in technological advancements for enhancing the safety and efficiency of ammonia refrigeration systems, as well as in developing countries where infrastructure development is driving the need for refrigeration solutions. Overall, the Global Ammonia Refrigerant Market is poised for continued growth and innovation.
The Global Ammonia Refrigerant Market faces several challenges, including safety concerns regarding ammonia`s toxicity and flammability, stringent regulations related to ammonia usage due to its environmental impact as a greenhouse gas, and the need for specialized equipment and training for handling ammonia systems. Additionally, the market is impacted by the availability and cost of ammonia as a refrigerant compared to synthetic alternatives. Increasing awareness about the environmental impact of synthetic refrigerants and the push towards sustainable practices present both opportunities and challenges for the ammonia refrigerant market, requiring companies to innovate and adapt to meet changing regulations and consumer preferences while ensuring safe and efficient operation of ammonia-based systems.
The Global Ammonia Refrigerant Market is primarily driven by the increasing demand for eco-friendly and energy-efficient refrigerants in various industries such as food processing, cold storage, and chemical manufacturing. Ammonia is considered a natural refrigerant with zero ozone depletion potential and low global warming potential, making it a preferred choice for environmentally conscious consumers and regulatory bodies. Additionally, the rising awareness about the harmful effects of synthetic refrigerants on the environment has led to a shift towards natural refrigerants like ammonia. The stringent regulations and policies aimed at reducing greenhouse gas emissions are also propelling the adoption of ammonia refrigerants globally. Furthermore, the cost-effectiveness and high efficiency of ammonia as a refrigerant are key factors driving its market growth.
Government policies related to the Global Ammonia Refrigerant Market primarily focus on environmental regulations, safety standards, and transitioning to more sustainable refrigerants. Many countries have implemented strict regulations to reduce greenhouse gas emissions and phase out ozone-depleting substances, leading to an increased demand for ammonia refrigerants known for their low environmental impact. Additionally, safety standards for handling ammonia are being reinforced to prevent accidents and ensure proper management of these refrigerants. Governments are also encouraging research and development in alternative refrigerants to further drive the shift towards sustainable cooling solutions. Overall, the regulatory landscape in the Global Ammonia Refrigerant Market is evolving towards promoting environmentally friendly and safe refrigeration technologies.
The Global Ammonia Refrigerant Market is poised for steady growth in the coming years due to increasing demand for environmentally friendly refrigerants in response to regulatory measures aimed at reducing greenhouse gas emissions. Ammonia is considered a natural refrigerant with zero ozone depletion potential and low global warming potential, making it an attractive alternative to synthetic refrigerants. Additionally, the growing adoption of ammonia refrigeration systems in various industries such as food and beverage, cold storage, and industrial applications is expected to drive market expansion. However, challenges related to safety concerns and stringent regulations regarding the handling and use of ammonia refrigerants may hinder market growth to some extent. Overall, the Global Ammonia Refrigerant Market is anticipated to witness significant opportunities for growth and innovation in the foreseeable future.
In the Global Ammonia Refrigerant Market, Asia-Pacific is expected to witness significant growth due to the increasing demand for industrial refrigeration applications in countries like China and India. North America is also a key market, driven by the stringent regulations promoting environmentally friendly refrigerants. In Europe, the market is characterized by a shift towards natural refrigerants like ammonia, driven by the F-Gas regulations aimed at reducing greenhouse gas emissions. The Middle East and Africa region is showing steady growth in the adoption of ammonia refrigerants, driven by the expanding cold chain infrastructure. Latin America is also a promising market, with countries like Brazil and Mexico investing in sustainable refrigeration solutions, further boosting the demand for ammonia refrigerants in the region.
Global Ammonia Refrigerant Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Ammonia Refrigerant Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Ammonia Refrigerant Market Revenues & Volume, 2021 & 2031F |
3.3 Global Ammonia Refrigerant Market - Industry Life Cycle |
3.4 Global Ammonia Refrigerant Market - Porter's Five Forces |
3.5 Global Ammonia Refrigerant Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Ammonia Refrigerant Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Ammonia Refrigerant Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.8 Global Ammonia Refrigerant Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Ammonia Refrigerant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Ammonia Refrigerant Market Trends |
6 Global Ammonia Refrigerant Market, 2021 - 2031 |
6.1 Global Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Ammonia Refrigerant Market, Revenues & Volume, By Vapour Compression, 2021 - 2031 |
6.1.3 Global Ammonia Refrigerant Market, Revenues & Volume, By Refrigerator, 2021 - 2031 |
6.1.4 Global Ammonia Refrigerant Market, Revenues & Volume, By Cooling Pipes, 2021 - 2031 |
6.1.5 Global Ammonia Refrigerant Market, Revenues & Volume, By Air Conditioners, 2021 - 2031 |
6.1.6 Global Ammonia Refrigerant Market, Revenues & Volume, By Chillers, 2021 - 2031 |
6.1.7 Global Ammonia Refrigerant Market, Revenues & Volume, By Engine Rooms, 2021 - 2031 |
6.1.8 Global Ammonia Refrigerant Market, Revenues & Volume, By District Cooling Systems, 2021 - 2031 |
6.1.9 Global Ammonia Refrigerant Market, Revenues & Volume, By Other Products, 2021 - 2031 |
6.2 Global Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Ammonia Refrigerant Market, Revenues & Volume, By Purity 99.8%, 2021 - 2031 |
6.2.3 Global Ammonia Refrigerant Market, Revenues & Volume, By Purity 99%, 2021 - 2031 |
6.3 Global Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Ammonia Refrigerant Market, Revenues & Volume, By Cold Storage warehouses, 2021 - 2031 |
6.3.3 Global Ammonia Refrigerant Market, Revenues & Volume, By Super Markets, 2021 - 2031 |
6.3.4 Global Ammonia Refrigerant Market, Revenues & Volume, By Poultries, 2021 - 2031 |
6.3.5 Global Ammonia Refrigerant Market, Revenues & Volume, By Industrial Installation, 2021 - 2031 |
6.3.6 Global Ammonia Refrigerant Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.3.7 Global Ammonia Refrigerant Market, Revenues & Volume, By Heavy Commercial Refrigeration, 2021 - 2031 |
6.3.8 Global Ammonia Refrigerant Market, Revenues & Volume, By Transport Refrigeration, 2021 - 2031 |
6.3.9 Global Ammonia Refrigerant Market, Revenues & Volume, By Households, 2021 - 2031 |
7 North America Ammonia Refrigerant Market, Overview & Analysis |
7.1 North America Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
7.2 North America Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
7.5 North America Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Ammonia Refrigerant Market, Overview & Analysis |
8.1 Latin America (LATAM) Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
8.5 Latin America (LATAM) Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Ammonia Refrigerant Market, Overview & Analysis |
9.1 Asia Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
9.5 Asia Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Ammonia Refrigerant Market, Overview & Analysis |
10.1 Africa Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
10.5 Africa Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Ammonia Refrigerant Market, Overview & Analysis |
11.1 Europe Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
11.5 Europe Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Ammonia Refrigerant Market, Overview & Analysis |
12.1 Middle East Ammonia Refrigerant Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Ammonia Refrigerant Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Ammonia Refrigerant Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Ammonia Refrigerant Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Ammonia Refrigerant Market, Revenues & Volume, By Purity, 2021 - 2031 |
12.5 Middle East Ammonia Refrigerant Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Ammonia Refrigerant Market Key Performance Indicators |
14 Global Ammonia Refrigerant Market - Export/Import By Countries Assessment |
15 Global Ammonia Refrigerant Market - Opportunity Assessment |
15.1 Global Ammonia Refrigerant Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Ammonia Refrigerant Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Ammonia Refrigerant Market Opportunity Assessment, By Purity, 2021 & 2031F |
15.4 Global Ammonia Refrigerant Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Ammonia Refrigerant Market - Competitive Landscape |
16.1 Global Ammonia Refrigerant Market Revenue Share, By Companies, 2024 |
16.2 Global Ammonia Refrigerant Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |