Top 10 Companies in the R‑132 Refrigerant Market (2026): Market Leaders Powering Global Cooling

MARKET INSIGHTS

The global R‑132 refrigerant market was valued at USD 286.5 million in 2025. The market is projected to grow from an estimated USD 305.2 million in 2026 to reach USD 498.7 million by 2034, exhibiting a compound annual growth rate of 6.3% during the forecast period.

R‑132, chemically known as 1,1‑Dichloro‑2,2,2‑trifluoroethane, is a hydrochlorofluorocarbon (HCFC) developed as a transitional replacement for the ozone‑depleting chlorofluorocarbon (CFC) R‑11 in large centrifugal chillers. This refrigerant is part of the broader industry shift toward more environmentally acceptable alternatives, balancing performance needs with regulatory compliance. Its primary function is to absorb and remove heat from a designated space in cooling systems.

The market growth is primarily driven by the ongoing phase‑out of CFCs and HCFCs under international agreements such as the Montreal Protocol, which mandates the adoption of lower‑global‑warming‑potential (GWP) substances. While R‑132 itself is being phased out in developed nations, its market persists in specific applications and regions where retrofitting existing centrifugal chiller infrastructure is economically challenging. The Purity Above 99.9% segment is anticipated to be the dominant and fastest‑growing category, as high purity is critical for the efficient and reliable operation of complex industrial cooling systems. Key players such as The Chemours Company, Daikin Industries, Ltd., and Arkema S.A. lead the market, focusing on managing the lifecycle of transitional refrigerants while investing in next‑generation, sustainable solutions.

R‑132 Refrigerant Market – View in Detailed Research Report

1. The Chemours Company

Headquarters: Wilmington, Delaware, USA

Key Offering: High‑purity R‑132, recycling services, and lifecycle management solutions.

The Chemours Company has leveraged its deep historical knowledge of fluorochemicals to maintain a strong presence in the R‑132 segment. Its production facilities are equipped with advanced purification technologies that ensure the 99.9%+ purity required by large centrifugal chiller systems.

Sustainability Initiatives:

• Investment in research for low‑GWP alternatives.
• Collaboration with industrial partners to develop closed‑loop recovery systems.
• Commitment to reducing greenhouse‑gas emissions across the supply chain.

2. Linde AG

Headquarters: Cologne, Germany

Key Offering: Bulk R‑132 supply, technical support, and retrofit kits for legacy chillers.

Linde AG’s extensive global footprint and expertise in industrial gases position it as a reliable supplier for facilities requiring high‑purity refrigerants. The company’s technical teams assist clients in optimizing system performance while meeting regulatory standards.

Sustainability Initiatives:

• Development of low‑GWP refrigerant blends.
• Investment in energy‑efficient compression technology.
• Participation in industry‑wide circular economy programs.

3. Daikin Industries, Ltd.

Headquarters: Osaka, Japan

Key Offering: Integrated HVAC solutions, high‑purity R‑132, and aftermarket service packages.

Daikin’s reputation in air‑conditioning and refrigeration drives its leadership in the R‑132 market. The company’s focus on system integration ensures that R‑132 can be deployed with minimal disruption to existing infrastructure.

Sustainability Initiatives:

• Expansion of low‑GWP product portfolio.
• Implementation of digital monitoring for refrigerant management.
• Targeted reduction of refrigerant leakage through advanced sealing technologies.

4. Navin Fluorine International Limited

Headquarters: Pune, India

Key Offering: Bulk R‑132 production, purification, and distribution across the Indian market.

Navin Fluorine’s manufacturing base in India allows it to serve a rapidly growing industrial sector that still relies on legacy refrigerants. The company’s focus on quality control ensures that its products meet stringent purity requirements.

Sustainability Initiatives:

• Adoption of cleaner production techniques.
• Collaboration with government agencies on refrigerant recovery programs.
• Investment in employee training on environmental best practices.

5. Gujarat Fluorochemicals Limited

Headquarters: Surat, India

Key Offering: High‑purity R‑132, technical support, and regional distribution.

Gujarat Fluorochemicals has built a strong regional presence by aligning its production capacity with the needs of the Indian manufacturing sector. Its commitment to quality and reliability has earned it a loyal customer base among industrial users.

Sustainability Initiatives:

• Implementation of waste‑heat recovery systems.
• Participation in local environmental stewardship programs.
• Development of eco‑friendly packaging solutions.

6. Arkema S.A.

Headquarters: Paris, France

Key Offering: Specialty fluorinated products, including high‑purity R‑132, and consulting services for refrigerant lifecycle management.

Arkema’s expertise in specialty chemicals enables it to deliver tailored solutions for clients requiring precise control over refrigerant purity. The company’s consulting arm assists customers in navigating complex regulatory landscapes.

Sustainability Initiatives:

• Research into bio‑based refrigerant alternatives.
• Investment in carbon‑neutral manufacturing processes.
• Partnerships with academia to explore next‑generation refrigerants.

7. Dongyue Group Co., Ltd.

Headquarters: Guangzhou, China

Key Offering: Bulk R‑132 supply, purification, and support for legacy cooling systems in China’s industrial sector.

Dongyue’s large production facilities and strong domestic distribution network make it a key player in China’s R‑132 market, where many facilities still rely on legacy refrigerants.

Sustainability Initiatives:

• Implementation of energy‑efficient production lines.
• Collaboration with local authorities on refrigerant recycling.
• Adoption of digital tools for supply‑chain transparency.

8. Zhejiang Juhua Co., Ltd.

Headquarters: Hangzhou, China

Key Offering: High‑purity R‑132 and tailored solutions for industrial cooling applications.

Zhejiang Juhua’s focus on quality control and customer support has positioned it as a trusted supplier for Chinese manufacturers that require reliable refrigerant performance.

Sustainability Initiatives:

• Investment in waste‑to‑energy projects.
• Adoption of green chemistry principles in production.
• Support for local recycling initiatives.

9. Jiangsu Meilan Chemical Co., Ltd.

Headquarters: Suzhou, China

Key Offering: Bulk R‑132 production, purification, and distribution across the Asia‑Pacific region.

Jiangsu Meilan’s production capacity and logistical capabilities allow it to supply a wide range of customers, from industrial plants to regional distributors.

Sustainability Initiatives:

• Implementation of water‑recycling systems.
• Participation in national environmental certification programs.
• Development of low‑emission production equipment.

10. Zhejiang Weihua Chemical Co., Ltd.

Headquarters: Wenzhou, China

Key Offering: High‑purity R‑132, technical support, and after‑sales services for industrial cooling systems.

Zhejiang Weihua’s focus on customer service and technical expertise has helped it secure a strong position in the Chinese market, especially among large manufacturing facilities.

Sustainability Initiatives:

• Use of renewable energy in production.
• Collaboration with industry partners on refrigerant recovery.
• Investment in employee training on environmental stewardship.

R‑132 Refrigerant Market – View in Detailed Research Report

R‑132 Refrigerant Market – View in Detailed Research Report

Outlook: The Future of R‑132 Refrigerant

The R‑132 market is evolving as regulatory frameworks tighten and the industry shifts toward low‑GWP alternatives. While the demand for new R‑132 installations remains limited, the remaining installed base presents a clear opportunity for managed phase‑out and recycling services. Companies that can offer efficient recovery, reclamation, and certified disposal solutions will position themselves as essential partners for industries navigating compliance and operational risk.

Future Trends Shaping the Market

• High‑Purity Demand: The requirement for 99.9%+ purity continues to drive investment in purification technologies, enabling premium pricing and improved system performance.
• Geographic Diversification: Emerging markets in Southeast Asia and the Middle East are expanding their cooling infrastructure, creating new opportunities for R‑132 suppliers while also presenting challenges in regulatory enforcement.
• Conversion Kit Development: Engineering firms are developing retrofit kits that allow legacy chillers to accommodate modern, low‑GWP refrigerants, extending equipment life and aligning with sustainability mandates.
• Supply‑Chain Resilience: The fragility of the R‑132 supply chain is prompting companies to strengthen logistics, diversify sourcing, and invest in local production to mitigate price volatility.
• Strategic Consolidation: Mergers and acquisitions are reshaping the competitive landscape, as firms seek to broaden geographic reach and product portfolios while investing in sustainable technologies.