The Global Commercial Air Conditioning Refrigerants Market is undergoing a significant transformation, driven by stringent environmental regulations such as the Kigali Amendment to the Montreal Protocol and a global push for energy efficiency. As businesses and governments worldwide prioritize sustainability, the demand for low Global Warming Potential (GWP) refrigerants is accelerating. This market is characterized by intense competition, technological innovation, and strategic partnerships aimed at developing next-generation cooling solutions that are both effective and environmentally responsible. In this blog, we profile the Top 10 Companies in the Commercial Air Conditioning Refrigerants Industry—chemical giants and specialized manufacturers shaping the future of climate control.

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🔟 1. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ (XL series), Freon™, and low-GWP refrigerant solutions

The Chemours Company is a global leader in fluoroproducts, renowned for its Opteon™ portfolio of hydrofluoroolefin (HFO) refrigerants. These products are designed as sustainable alternatives to high-GWP HFCs, offering excellent performance in commercial air conditioning and heat pump applications. Chemours invests heavily in R&D to meet evolving regulatory standards and customer demand for greener solutions.

Sustainability Initiatives:

• Pioneering HFO technology with significantly lower GWP

• Committed to achieving a 60% absolute reduction in fluorinated organic compound emissions by 2030

• Active participation in industry coalitions for responsible refrigerant management

Download FREE Sample Report: Global Commercial Air Conditioning Refrigerants Market – View in Detailed Research Report

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9️⃣ 2. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® (N, N40, zd), Genetron® refrigerants

Honeywell is a major player in the advanced materials sector, with its Solstice® series of HFO-based refrigerants leading the market. These refrigerants are non-ozone depleting and have a GWP that is 99.9% lower than traditional HFCs. Honeywell’s products are widely used in supermarket refrigeration, chillers, and commercial air conditioning systems globally.

Sustainability Initiatives:

• Multi-billion dollar investment in HFO production capacity

• Focus on creating circular economy models for refrigerants

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8️⃣ 3. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Forane® (F-gas range), R32, and R1234ze

Arkema is a leading European producer of fluorochemicals, offering a comprehensive portfolio under its Forane® brand. The company provides a range of solutions, including R32, a lower-GWP HFC widely adopted in new air conditioning systems, and HFOs like R1234ze for more demanding applications. Arkema emphasizes product safety, energy efficiency, and regulatory compliance.

Sustainability Initiatives:

• Development of bio-circular and non-fluorinated refrigerant alternatives

• Commitment to sustainable innovation aligned with EU Green Deal objectives

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7️⃣ 4. Orbia (Koura)

Headquarters: Boston, Massachusetts, USA (Koura Global HQ)
Key Offering: Fluoroproducts for HVAC&R, including refrigerants and propellants

Orbia’s fluorinated solutions business, Koura, is a vertically integrated global leader in the production of fluoroproducts. The company has a strong presence across the refrigerant value chain, from upstream fluorine mining to the manufacturing of high-purity refrigerants. Koura focuses on providing solutions that support the HVAC&R industry’s transition to lower-GWP alternatives.

Sustainability Initiatives:

• Investment in next-generation, low-GWP molecule R&D

• Implementation of energy-efficient manufacturing processes

Download FREE Sample Report: Global Commercial Air Conditioning Refrigerants Market – View in Detailed Research Report

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6️⃣ 5. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: R32 refrigerant, air conditioning systems

Daikin is unique as a leading refrigerant manufacturer and the world’s largest air conditioning systems maker. The company has been a strong advocate for R32, a single-component HFC with a GWP one-third that of R410A. Daikin promotes R32 as a balanced solution, offering lower environmental impact, high energy efficiency, and practical safety characteristics.

Sustainability Initiatives:

• Global promotion and adoption of R32 technology

• Long-term vision for achieving carbon neutrality by 2050

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5️⃣ 6. Linde plc

Headquarters: Guildford, UK (Global HQ)
Key Offering: Specialty gases, refrigerant gases, and gas supply equipment

Linde is a world-leading industrial gases and engineering company with a significant refrigerant business. They supply a wide range of high-purity refrigerants to the commercial HVAC&R market. Linde’s strength lies in its global supply chain, technical expertise, and ability to provide bulk gases and customized mixtures to large-scale industrial and commercial customers.

Sustainability Initiatives:

• Development of natural refrigerant solutions (e.g., CO2, ammonia)

• Focus on reducing the carbon footprint of its own operations

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4️⃣ 7. Airgas, an Air Liquide company

Headquarters: Radnor, Pennsylvania, USA
Key Offering: Refrigerant distribution, reclamation, and lifecycle management services

Airgas, a subsidiary of Air Liquide, is the largest U.S. distributor of industrial, medical, and specialty gases, including a comprehensive range of refrigerants. The company provides essential services such as cylinder exchanges, bulk deliveries, and refrigerant reclamation, playing a critical role in the North American market’s management of the HFC phasedown.

Sustainability Initiatives:

• Promoting refrigerant reclamation and recycling to reduce virgin gas demand

• Expanding distribution network for low-GWP alternatives

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3️⃣ 8. Ineos Group

Headquarters: London, United Kingdom
Key Offering: Fluorochemicals, including refrigerants

Ineos is a major manufacturer of chemicals and oil products, with a growing business in fluorochemicals. The company produces a variety of refrigerants and is investing in the development of more sustainable alternatives. Ineos leverages its large-scale chemical manufacturing expertise to compete in the global refrigerant market.

Sustainability Initiatives:

• Investment in technologies to reduce the environmental impact of its products

• Commitment to operational efficiency and waste reduction

Get Full Report Here: Global Commercial Air Conditioning Refrigerants Market – View in Detailed Research Report

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2️⃣ 9. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: Specialty polymers and fluorinated gases

Solvay is a leading advanced materials and specialty chemicals company. Its portfolio includes fluorinated solutions that are critical for various industries, including refrigeration. While navigating the evolving regulatory landscape, Solvay focuses on developing high-performance, sustainable materials that enable energy-efficient cooling systems.

Sustainability Initiatives:

• Integration of sustainability criteria into product innovation

• Active engagement in shaping industry-wide environmental standards

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1️⃣ 10. SRF Limited

Headquarters: Gurugram, India
Key Offering: Refrigerant gases (R134a, R32, R410A, R407C)

SRF Limited is a dominant chemical conglomerate based in India with a strong international presence in the refrigerant market. The company is one of the largest manufacturers of key HFC refrigerants like R134a and is actively expanding its production capacity for下一代 alternatives like R32. SRF plays a crucial role in supplying refrigerant markets in Asia, Europe, and the Americas.

Sustainability Initiatives:

• Strategic investments in manufacturing facilities for next-gen refrigerants

• Focus on operational excellence and reducing environmental footprint

Download FREE Sample Report: Global Commercial Air Conditioning Refrigerants Market – View in Detailed Research Report

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🌍 Outlook: The Future of Commercial Air Conditioning Refrigerants Is Sustainable and Efficient

The commercial air conditioning refrigerants market is at a critical juncture. The transition away from high-GWP HFCs, mandated by global regulations like the Kigali Amendment, is creating both challenges and immense opportunities. The industry’s future lies in a diverse mix of solutions, including HFOs, natural refrigerants, and blends, all aimed at minimizing environmental impact without compromising performance.

📈 Key Trends Shaping the Market:

• Accelerated HFC phasedown schedules in North America, Europe, and Asia

• Rising adoption of A2L (mildly flammable) refrigerants like R32 and R454B in new equipment

• Growing emphasis on refrigerant reclamation, recovery, and circular economy principles

• Increased R&D investment in ultra-low GWP and non-fluorinated alternatives

The companies listed above are not only supplying the essential gases for global cooling needs—they are driving the sustainable transformation of the HVAC&R industry, ensuring comfort and preservation go hand in hand.

Get Full Report Here: Global Commercial Air Conditioning Refrigerants Market – View in Detailed Research Report