The Middle East refrigerant market is likely to witness exponential growth by 2027 due to high product usage across numerous application avenues such as oil & gas, pharmaceutical, data centers, and food & beverage among others. Refrigerants are coolant gases which are used to control the temperature in the refrigeration process.

These materials often play an essential role in air conditioners, to enable them to control the temperature of a room. In particular, these substances are known to be found in gaseous or liquid state. Some of the common type of refrigerants used in various applications are sulfur dioxide, ammonia, as well as non-halogenated hydrocarbons like propane.

Most of the refrigerants discovered in end of life devices are compounds that are ozone depleting as well as global warming inducing. Consequently, the demand for greener refrigerants and recycling of conventional refrigerants is going up tremendously.

The Middle East refrigerant market is segmented in terms of refrigerant, applications, and country.

With respect to refrigerant, the Middle East refrigerant market is classified into hydro-chlorofluorocarbon, carbon dioxide, ammonia and others. Among these, the others segment is expected to grow at a rate of over 10.5% through the forecast time period.

The R134a, also referred to as Tetrafluoroethane or CF3CH2F, is from the family of HFC refrigerant. HFC R134A type of refrigerant is widely used in air-conditioned cars and is also used in commercial refrigerant areas in refrigerant piping. The product boasts of features such as minimal toxicity, optimal thermal stability, high non-corrosiveness, as well as non-combustibility.

Based on application, the Middle East market for refrigerant is categorized into chemical & petrochemical, oil & gas, food & beverages among others. The others segment is likely to grow at a rate of over 5.5% through the projected time period.

Refrigerants are extensively utilized in the pharmaceutical industry as the process of drug development is highly sensitive and requires strict temperature control. The microorganism strains used for production of medicine and drugs are stored in highly-controlled conditions, at low temperatures.

Owing to this, the pharma industry greatly relies upon sophisticated refrigeration systems that allow precise temperature adjustment of storage units and rooms.

On the other hand, data centers are more inclined towards using more liquid-based or air-based cooling systems, depending on external conditions. With the advent of new technologies, industry players are developing new cooling systems that are much more ecofriendly than their counterparts. Recently some technology giants have switched over to using seawater for cooling their data centers so as to alleviate the burden on the freshwater table.

Through a regional viewpoint, Kuwait is expected to grow by around 6% by the end of the forecast time period. Meanwhile, the refrigerant market in Turkey is estimated to grow at more than 6.85% over the analysis timeframe. High standards of living and population growth has resulted in a growing need to produce more HVAC solutions in the region, which is expected to fuel the regional refrigerant market growth.

The Bahrain region is expected to grow at a rate of over 7.5% by the end of the forthcoming time period. Whereas, Oman is projected to grow at around 5.5% by 2027.