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Global R502 Refrigerant Market Research Report 2025
Synopsis
R502 Refrigerant is an azeotropic mixture of 48.8% HCFC 22/51.2% CFC 115, has been used for the past few decades as a main refrigerant for low temperature and transport refrigeration applications.
Global R502 Refrigerant market is projected to reach US$ 169.4 million in 2029, increasing from US$ 132 million in 2022, with the CAGR of 3.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole R502 Refrigerant market research.
Key manufacturers engaged in the R502 Refrigerant industry include Chemours, Honeywell, Arkema Inc, Hangzhou ELK Refrigerant High-Tech Co.,LTD, Zhejiang Gafle Auto Chemical Co., Ltd., Hangzhou ChengYingYi Energy Technology Co., Ltd., Hangzhou Xianglin Chemical Co., Ltd, Shandong Micflon Technology Co., Ltd. and Hangzhou Wula Chemical Co., Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global R502 Refrigerant production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of R502 Refrigerant were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole R502 Refrigerant market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global R502 Refrigerant market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Chemours
Honeywell
Arkema Inc
Hangzhou ELK Refrigerant High-Tech Co.,LTD
Zhejiang Gafle Auto Chemical Co., Ltd.
Hangzhou ChengYingYi Energy Technology Co., Ltd.
Hangzhou Xianglin Chemical Co., Ltd
Shandong Micflon Technology Co., Ltd.
Hangzhou Wula Chemical Co., Ltd.
Zhejiang Chuangfu Chemical Co., Ltd.
Chengdu Fuchuan Refrigeration Co., Ltd
Nanjing Jindian Refrigeration Industry Co., Ltd.
Segment by Type
Purity ＞99.9%
Purity ≤99.9%
Segment by Application
Automotive Refrigeration
Commercial Refrigeration
Industrial Refrigeration
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The R502 Refrigerant report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
R502 Refrigerant is an azeotropic mixture of 48.8% HCFC 22/51.2% CFC 115, has been used for the past few decades as a main refrigerant for low temperature and transport refrigeration applications.
Global R502 Refrigerant market is projected to reach US$ 169.4 million in 2029, increasing from US$ 132 million in 2022, with the CAGR of 3.6% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole R502 Refrigerant market research.
Key manufacturers engaged in the R502 Refrigerant industry include Chemours, Honeywell, Arkema Inc, Hangzhou ELK Refrigerant High-Tech Co.,LTD, Zhejiang Gafle Auto Chemical Co., Ltd., Hangzhou ChengYingYi Energy Technology Co., Ltd., Hangzhou Xianglin Chemical Co., Ltd, Shandong Micflon Technology Co., Ltd. and Hangzhou Wula Chemical Co., Ltd., etc. Among those manufacturers, the top 3 players guaranteed % supply worldwide in 2022.
For production bases, global R502 Refrigerant production is dominated by and . The two regions contributed to % production share globally in 2022.
When refers to consumption region, % volume of R502 Refrigerant were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole R502 Refrigerant market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global R502 Refrigerant market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Chemours
Honeywell
Arkema Inc
Hangzhou ELK Refrigerant High-Tech Co.,LTD
Zhejiang Gafle Auto Chemical Co., Ltd.
Hangzhou ChengYingYi Energy Technology Co., Ltd.
Hangzhou Xianglin Chemical Co., Ltd
Shandong Micflon Technology Co., Ltd.
Hangzhou Wula Chemical Co., Ltd.
Zhejiang Chuangfu Chemical Co., Ltd.
Chengdu Fuchuan Refrigeration Co., Ltd
Nanjing Jindian Refrigeration Industry Co., Ltd.
Segment by Type
Purity ＞99.9%
Purity ≤99.9%
Segment by Application
Automotive Refrigeration
Commercial Refrigeration
Industrial Refrigeration
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The R502 Refrigerant report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 R502 Refrigerant Market Overview
1.1 Product Definition
1.2 R502 Refrigerant Segment by Type
1.2.1 Global R502 Refrigerant Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Purity ＞99.9%
1.2.3 Purity ≤99.9%
1.3 R502 Refrigerant Segment by Application
1.3.1 Global R502 Refrigerant Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Automotive Refrigeration
1.3.3 Commercial Refrigeration
1.3.4 Industrial Refrigeration
1.4 Global Market Growth Prospects
1.4.1 Global R502 Refrigerant Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global R502 Refrigerant Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global R502 Refrigerant Production Estimates and Forecasts (2018-2029)
1.4.4 Global R502 Refrigerant Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global R502 Refrigerant Production Market Share by Manufacturers (2018-2023)
2.2 Global R502 Refrigerant Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of R502 Refrigerant, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global R502 Refrigerant Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global R502 Refrigerant Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of R502 Refrigerant, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of R502 Refrigerant, Product Offered and Application
2.8 Global Key Manufacturers of R502 Refrigerant, Date of Enter into This Industry
2.9 R502 Refrigerant Market Competitive Situation and Trends
2.9.1 R502 Refrigerant Market Concentration Rate
2.9.2 Global 5 and 10 Largest R502 Refrigerant Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 R502 Refrigerant Production by Region
3.1 Global R502 Refrigerant Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global R502 Refrigerant Production Value by Region (2018-2029)
3.2.1 Global R502 Refrigerant Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of R502 Refrigerant by Region (2024-2029)
3.3 Global R502 Refrigerant Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global R502 Refrigerant Production by Region (2018-2029)
3.4.1 Global R502 Refrigerant Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of R502 Refrigerant by Region (2024-2029)
3.5 Global R502 Refrigerant Market Price Analysis by Region (2018-2023)
3.6 Global R502 Refrigerant Production and Value, Year-over-Year Growth
3.6.1 North America R502 Refrigerant Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe R502 Refrigerant Production Value Estimates and Forecasts (2018-2029)
3.6.3 China R502 Refrigerant Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan R502 Refrigerant Production Value Estimates and Forecasts (2018-2029)
4 R502 Refrigerant Consumption by Region
4.1 Global R502 Refrigerant Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global R502 Refrigerant Consumption by Region (2018-2029)
4.2.1 Global R502 Refrigerant Consumption by Region (2018-2023)
4.2.2 Global R502 Refrigerant Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America R502 Refrigerant Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America R502 Refrigerant Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe R502 Refrigerant Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe R502 Refrigerant Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific R502 Refrigerant Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific R502 Refrigerant Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa R502 Refrigerant Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa R502 Refrigerant Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global R502 Refrigerant Production by Type (2018-2029)
5.1.1 Global R502 Refrigerant Production by Type (2018-2023)
5.1.2 Global R502 Refrigerant Production by Type (2024-2029)
5.1.3 Global R502 Refrigerant Production Market Share by Type (2018-2029)
5.2 Global R502 Refrigerant Production Value by Type (2018-2029)
5.2.1 Global R502 Refrigerant Production Value by Type (2018-2023)
5.2.2 Global R502 Refrigerant Production Value by Type (2024-2029)
5.2.3 Global R502 Refrigerant Production Value Market Share by Type (2018-2029)
5.3 Global R502 Refrigerant Price by Type (2018-2029)
6 Segment by Application
6.1 Global R502 Refrigerant Production by Application (2018-2029)
6.1.1 Global R502 Refrigerant Production by Application (2018-2023)
6.1.2 Global R502 Refrigerant Production by Application (2024-2029)
6.1.3 Global R502 Refrigerant Production Market Share by Application (2018-2029)
6.2 Global R502 Refrigerant Production Value by Application (2018-2029)
6.2.1 Global R502 Refrigerant Production Value by Application (2018-2023)
6.2.2 Global R502 Refrigerant Production Value by Application (2024-2029)
6.2.3 Global R502 Refrigerant Production Value Market Share by Application (2018-2029)
6.3 Global R502 Refrigerant Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Chemours
7.1.1 Chemours R502 Refrigerant Corporation Information
7.1.2 Chemours R502 Refrigerant Product Portfolio
7.1.3 Chemours R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Chemours Main Business and Markets Served
7.1.5 Chemours Recent Developments/Updates
7.2 Honeywell
7.2.1 Honeywell R502 Refrigerant Corporation Information
7.2.2 Honeywell R502 Refrigerant Product Portfolio
7.2.3 Honeywell R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Honeywell Main Business and Markets Served
7.2.5 Honeywell Recent Developments/Updates
7.3 Arkema Inc
7.3.1 Arkema Inc R502 Refrigerant Corporation Information
7.3.2 Arkema Inc R502 Refrigerant Product Portfolio
7.3.3 Arkema Inc R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Arkema Inc Main Business and Markets Served
7.3.5 Arkema Inc Recent Developments/Updates
7.4 Hangzhou ELK Refrigerant High-Tech Co.,LTD
7.4.1 Hangzhou ELK Refrigerant High-Tech Co.,LTD R502 Refrigerant Corporation Information
7.4.2 Hangzhou ELK Refrigerant High-Tech Co.,LTD R502 Refrigerant Product Portfolio
7.4.3 Hangzhou ELK Refrigerant High-Tech Co.,LTD R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Hangzhou ELK Refrigerant High-Tech Co.,LTD Main Business and Markets Served
7.4.5 Hangzhou ELK Refrigerant High-Tech Co.,LTD Recent Developments/Updates
7.5 Zhejiang Gafle Auto Chemical Co., Ltd.
7.5.1 Zhejiang Gafle Auto Chemical Co., Ltd. R502 Refrigerant Corporation Information
7.5.2 Zhejiang Gafle Auto Chemical Co., Ltd. R502 Refrigerant Product Portfolio
7.5.3 Zhejiang Gafle Auto Chemical Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Zhejiang Gafle Auto Chemical Co., Ltd. Main Business and Markets Served
7.5.5 Zhejiang Gafle Auto Chemical Co., Ltd. Recent Developments/Updates
7.6 Hangzhou ChengYingYi Energy Technology Co., Ltd.
7.6.1 Hangzhou ChengYingYi Energy Technology Co., Ltd. R502 Refrigerant Corporation Information
7.6.2 Hangzhou ChengYingYi Energy Technology Co., Ltd. R502 Refrigerant Product Portfolio
7.6.3 Hangzhou ChengYingYi Energy Technology Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Hangzhou ChengYingYi Energy Technology Co., Ltd. Main Business and Markets Served
7.6.5 Hangzhou ChengYingYi Energy Technology Co., Ltd. Recent Developments/Updates
7.7 Hangzhou Xianglin Chemical Co., Ltd
7.7.1 Hangzhou Xianglin Chemical Co., Ltd R502 Refrigerant Corporation Information
7.7.2 Hangzhou Xianglin Chemical Co., Ltd R502 Refrigerant Product Portfolio
7.7.3 Hangzhou Xianglin Chemical Co., Ltd R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Hangzhou Xianglin Chemical Co., Ltd Main Business and Markets Served
7.7.5 Hangzhou Xianglin Chemical Co., Ltd Recent Developments/Updates
7.8 Shandong Micflon Technology Co., Ltd.
7.8.1 Shandong Micflon Technology Co., Ltd. R502 Refrigerant Corporation Information
7.8.2 Shandong Micflon Technology Co., Ltd. R502 Refrigerant Product Portfolio
7.8.3 Shandong Micflon Technology Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Shandong Micflon Technology Co., Ltd. Main Business and Markets Served
7.7.5 Shandong Micflon Technology Co., Ltd. Recent Developments/Updates
7.9 Hangzhou Wula Chemical Co., Ltd.
7.9.1 Hangzhou Wula Chemical Co., Ltd. R502 Refrigerant Corporation Information
7.9.2 Hangzhou Wula Chemical Co., Ltd. R502 Refrigerant Product Portfolio
7.9.3 Hangzhou Wula Chemical Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Hangzhou Wula Chemical Co., Ltd. Main Business and Markets Served
7.9.5 Hangzhou Wula Chemical Co., Ltd. Recent Developments/Updates
7.10 Zhejiang Chuangfu Chemical Co., Ltd.
7.10.1 Zhejiang Chuangfu Chemical Co., Ltd. R502 Refrigerant Corporation Information
7.10.2 Zhejiang Chuangfu Chemical Co., Ltd. R502 Refrigerant Product Portfolio
7.10.3 Zhejiang Chuangfu Chemical Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Zhejiang Chuangfu Chemical Co., Ltd. Main Business and Markets Served
7.10.5 Zhejiang Chuangfu Chemical Co., Ltd. Recent Developments/Updates
7.11 Chengdu Fuchuan Refrigeration Co., Ltd
7.11.1 Chengdu Fuchuan Refrigeration Co., Ltd R502 Refrigerant Corporation Information
7.11.2 Chengdu Fuchuan Refrigeration Co., Ltd R502 Refrigerant Product Portfolio
7.11.3 Chengdu Fuchuan Refrigeration Co., Ltd R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Chengdu Fuchuan Refrigeration Co., Ltd Main Business and Markets Served
7.11.5 Chengdu Fuchuan Refrigeration Co., Ltd Recent Developments/Updates
7.12 Nanjing Jindian Refrigeration Industry Co., Ltd.
7.12.1 Nanjing Jindian Refrigeration Industry Co., Ltd. R502 Refrigerant Corporation Information
7.12.2 Nanjing Jindian Refrigeration Industry Co., Ltd. R502 Refrigerant Product Portfolio
7.12.3 Nanjing Jindian Refrigeration Industry Co., Ltd. R502 Refrigerant Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Nanjing Jindian Refrigeration Industry Co., Ltd. Main Business and Markets Served
7.12.5 Nanjing Jindian Refrigeration Industry Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 R502 Refrigerant Industry Chain Analysis
8.2 R502 Refrigerant Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 R502 Refrigerant Production Mode & Process
8.4 R502 Refrigerant Sales and Marketing
8.4.1 R502 Refrigerant Sales Channels
8.4.2 R502 Refrigerant Distributors
8.5 R502 Refrigerant Customers
9 R502 Refrigerant Market Dynamics
9.1 R502 Refrigerant Industry Trends
9.2 R502 Refrigerant Market Drivers
9.3 R502 Refrigerant Market Challenges
9.4 R502 Refrigerant Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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