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Recent Reports
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Global R123 Refrigerant Market Growth 2025-2031
Oct 2025
Chemicals and Materials
Pages: 92
LPI27496
The global R123 Refrigerant market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Freon 123 refrigerant is a hydrochlorofluorocarbon (HCFC) replacement for the chlorofluorocarbon (CFC) R-11 in centrifugal chillers. Benefits of using Freon 123 include: Low ozone depletion and excellent environmental properties. Proven R-11 replacement in chiller systems worldwide.
United States market for R123 Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for R123 Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for R123 Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key R123 Refrigerant players cover Chemours, Daikin, DuPont, Air Liquide Company, Arkema, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
Infinity Market Research newest research report, the R123 Refrigerant Industry Forecast looks at past sales and reviews total world R123 Refrigerant sales in 2024, providing a comprehensive analysis by region and market sector of projected R123 Refrigerant sales for 2025 through 2031. With R123 Refrigerant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world R123 Refrigerant industry.
This Insight Report provides a comprehensive analysis of the global R123 Refrigerant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on R123 Refrigerant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global R123 Refrigerant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for R123 Refrigerant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global R123 Refrigerant.
This report presents a comprehensive overview, market shares, and growth opportunities of R123 Refrigerant market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Packing: Disposable Steel Cylinders
Packing: Refillsble Steel Cylinders
Segmentation by Application:
Cooling Agent
Foam Blowing Agent
Cleaning Agent
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.
Chemours
Daikin
DuPont
Air Liquide Company
Arkema
Actrol Pty Ltd
Honeywell International Inc
Key Questions Addressed in this Report
What is the 10-year outlook for the global R123 Refrigerant market?
What factors are driving R123 Refrigerant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do R123 Refrigerant market opportunities vary by end market size?
How does R123 Refrigerant break out by Type, by Application?
R123 Refrigerant Market Scope
| Report Attribute | Details |
|---|---|
| Market Size (Start Year) | USD XX Million |
| Market Size (End Year) | USD XX Million |
| Compound Annual Growth Rate (CAGR) | USD XX Million |
| Forecast Period | USD XX Million |
| Base Year | USD XX Million |
| Historical Data | USD XX Million |
| Key Players | USD XX Million |
📘 Frequently Asked Questions
1. What is the market size of Global R123 Refrigerant Market?
Answer: The global R123 Refrigerant market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
2. Which regions are analyzed in the Global R123 Refrigerant Market report?
Answer: The Global R123 Refrigerant Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.
3. What methodology is used for forecasting of Global R123 Refrigerant Market?
Answer: The Global R123 Refrigerant Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.
4. Are emerging markets analyzed separately in the Global R123 Refrigerant Market?
Answer: Yes, the Global R123 Refrigerant Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.
5. Does the report include competitive benchmarking of Global R123 Refrigerant Market?
Answer: Yes, Global R123 Refrigerant Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.
6. Can I access country-level data within the Global R123 Refrigerant Market report?
Answer: Yes, Global R123 Refrigerant Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.
7. Can I get customized insights or data from the Global R123 Refrigerant Market report?
Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.
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