HVAC Refrigerant Recovery System Market Summary
As per Market Research Future Analysis, the Global HVAC Refrigerant Recovery System Market was valued at USD 1513.20 Million in 2024 and is projected to reach USD 3992.37 Million by 2035, growing at a CAGR of 9.22% from 2025 to 2035. The market is driven by increasing demand for refrigerant recovery equipment, product innovation, and global HVAC adoption, alongside stringent environmental regulations aimed at reducing greenhouse gas emissions from high Global Warming Potential refrigerants.
Key Market Trends & Highlights
Key trends influencing the HVAC Refrigerant Recovery System Market include:
- Medium-pressure units dominated the market in 2022, catering to HVAC systems with power ratings from 0.75HP to 3HP.
- Liquid recovery methods led the market in 2022, focusing on extracting refrigerants in their liquid state.
- The portable installation type was the most favored in 2022, offering flexibility for HVAC technicians across various job sites.
- The commercial sector accounted for the largest share in 2022, driven by the need for efficient HVAC systems in businesses.
Market Size & Forecast
2024 Market Size | USD 1513.20 Million |
2035 Market Size | USD 3992.37 Million |
CAGR (2024-2035) | 9.22% |
Major Players
Key players in the market include APPION, RITCHIE ENGINEERING INC, REFTEC INTERNATIONAL SYSTEMS LLC, REFCO MANUFACTURING LTD., BOSCH AUTOMOTIVE SERVICE SOLUTIONS INC, JB INDUSTRIES, INFICON, YAO CHUAN ENTERPRISE CO LTD, CPS PRODUCTS INC, FIELDPIECE INSTRUMENTS INC.