According to Cognitive Market Research, The Global R134A Refrigerant market size is USD 150 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.80% from 2023 to 2030.
The demand for R134A refrigerant market is rising due to their research and development activities, as well as technological advancements.
Demand for automotive air-conditioning remains higher in the R134A refrigerant market.
The tetrachlorethylene process category held the highest R134A refrigerant market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific R134A refrigerant market will experience the strongest growth until 2030.