| Product Code: ETC8142343 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives saw a significant increase in ammonia refrigerant import shipments in 2024, with top exporters being Sri Lanka, India, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 18.28% from 2020 to 2024 highlights sustained growth. Moreover, the remarkable growth rate of 43.53% from 2023 to 2024 underscores the accelerating demand for ammonia refrigerants in the Maldives, reflecting a promising market outlook for the industry.

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 Maldives Ammonia Refrigerant Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Ammonia Refrigerant Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Ammonia Refrigerant Market - Industry Life Cycle |
3.4 Maldives Ammonia Refrigerant Market - Porter's Five Forces |
3.5 Maldives Ammonia Refrigerant Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Ammonia Refrigerant Market Revenues & Volume Share, By Purity, 2021 & 2031F |
3.7 Maldives Ammonia Refrigerant Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Ammonia Refrigerant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about environmental issues and the need for environmentally friendly refrigerants |
4.2.2 Stringent regulations and policies promoting the use of ammonia refrigerants due to their low Global Warming Potential (GWP) |
4.2.3 Increasing demand for industrial refrigeration in the Maldives, especially in sectors like tourism and hospitality |
4.3 Market Restraints |
4.3.1 Limited availability of skilled technicians for handling ammonia refrigeration systems |
4.3.2 High initial costs associated with setting up ammonia refrigeration systems |
4.3.3 Concerns about the toxicity and flammability of ammonia refrigerants, leading to safety risks |
5 Maldives Ammonia Refrigerant Market Trends |
6 Maldives Ammonia Refrigerant Market, By Types |
6.1 Maldives Ammonia Refrigerant Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Ammonia Refrigerant Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Maldives Ammonia Refrigerant Market Revenues & Volume, By Vapour Compression, 2021- 2031F |
6.1.4 Maldives Ammonia Refrigerant Market Revenues & Volume, By Refrigerator, 2021- 2031F |
6.1.5 Maldives Ammonia Refrigerant Market Revenues & Volume, By Cooling Pipes, 2021- 2031F |
6.1.6 Maldives Ammonia Refrigerant Market Revenues & Volume, By Air Conditioners, 2021- 2031F |
6.1.7 Maldives Ammonia Refrigerant Market Revenues & Volume, By Chillers, 2021- 2031F |
6.1.8 Maldives Ammonia Refrigerant Market Revenues & Volume, By Engine Rooms, 2021- 2031F |
6.1.9 Maldives Ammonia Refrigerant Market Revenues & Volume, By Other Products, 2021- 2031F |
6.1.10 Maldives Ammonia Refrigerant Market Revenues & Volume, By Other Products, 2021- 2031F |
6.2 Maldives Ammonia Refrigerant Market, By Purity |
6.2.1 Overview and Analysis |
6.2.2 Maldives Ammonia Refrigerant Market Revenues & Volume, By Purity 99.8%, 2021- 2031F |
6.2.3 Maldives Ammonia Refrigerant Market Revenues & Volume, By Purity 99%, 2021- 2031F |
6.3 Maldives Ammonia Refrigerant Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Ammonia Refrigerant Market Revenues & Volume, By Cold Storage warehouses, 2021- 2031F |
6.3.3 Maldives Ammonia Refrigerant Market Revenues & Volume, By Super Markets, 2021- 2031F |
6.3.4 Maldives Ammonia Refrigerant Market Revenues & Volume, By Poultries, 2021- 2031F |
6.3.5 Maldives Ammonia Refrigerant Market Revenues & Volume, By Industrial Installation, 2021- 2031F |
6.3.6 Maldives Ammonia Refrigerant Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.7 Maldives Ammonia Refrigerant Market Revenues & Volume, By Heavy Commercial Refrigeration, 2021- 2031F |
6.3.8 Maldives Ammonia Refrigerant Market Revenues & Volume, By Households, 2021- 2031F |
6.3.9 Maldives Ammonia Refrigerant Market Revenues & Volume, By Households, 2021- 2031F |
6.3.10 Maldives Ammonia Refrigerant Market Revenues & Volume, By Other Applications, 2021- 2031F |
7 Maldives Ammonia Refrigerant Market Import-Export Trade Statistics |
7.1 Maldives Ammonia Refrigerant Market Export to Major Countries |
7.2 Maldives Ammonia Refrigerant Market Imports from Major Countries |
8 Maldives Ammonia Refrigerant Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved by using ammonia refrigerants |
8.2 Reduction in carbon emissions linked to the adoption of ammonia refrigerants |
8.3 Number of training programs conducted for technicians on safe handling of ammonia refrigeration systems |
9 Maldives Ammonia Refrigerant Market - Opportunity Assessment |
9.1 Maldives Ammonia Refrigerant Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Ammonia Refrigerant Market Opportunity Assessment, By Purity, 2021 & 2031F |
9.3 Maldives Ammonia Refrigerant Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Ammonia Refrigerant Market - Competitive Landscape |
10.1 Maldives Ammonia Refrigerant Market Revenue Share, By Companies, 2024 |
10.2 Maldives Ammonia Refrigerant Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |