Ammonia Refrigerants Market Global Report 2026

The ammonia refrigerants market size has grown strongly in recent years. It will grow from $6.49 billion in 2025 to $6.98 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%. The growth during the historic period was driven by increasing demand for industrial refrigeration, growing expansion of cold storage infrastructure, rising food and beverage processing activities, increasing adoption of natural refrigerants, and growing pharmaceutical cold chain requirements.

The ammonia refrigerants market size is expected to see strong growth in the next few years. It will grow to $9.22 billion in 2030 at a compound annual growth rate (CAGR) of 7.2%. The growth during the forecast period is driven by growing investment in sustainable refrigeration systems, rising demand for energy-efficient cooling solutions, increasing expansion of refrigerated logistics networks, growing modernization of industrial refrigeration facilities, and increasing demand for environmentally compliant refrigerants. Major trends during the forecast period include increasing adoption of high-efficiency ammonia refrigeration systems, growing demand for low-charge ammonia refrigeration technologies, rising integration of advanced leak detection systems, expansion of energy-efficient industrial refrigeration infrastructure, and increasing development of compact ammonia refrigeration solutions.

The expansion of cold storage and refrigerated warehousing infrastructure is expected to propel the growth of the ammonia refrigerant market going forward. Cold storage and refrigerated warehousing infrastructure refers to temperature-controlled facilities designed to store perishable products, including food, pharmaceuticals, and chemicals, under refrigerated or frozen conditions. The growth of cold storage and refrigerated warehousing infrastructure is driven by the rapid expansion of the food processing and e-commerce grocery sectors, which require dependable temperature-controlled storage and distribution systems. Ammonia refrigerants support cold storage and refrigerated warehousing infrastructure by providing energy-efficient and reliable cooling for large-scale temperature-controlled facilities, ensuring product preservation and operational efficiency. For instance, in November 2025, according to the U.S. Department of Agriculture, a US-based federal statistical agency, more than 800 commercial and public refrigerated storage warehouses across the 48 states, each storing refrigerated products for 30 days or longer, made up the target population. Therefore, the expansion of cold storage and refrigerated warehousing infrastructure is driving the growth of the ammonia refrigerant market.

Major companies operating in the ammonia refrigerants market are focusing on introducing advanced low-charge ammonia refrigeration systems to enhance energy efficiency, reduce refrigerant charge requirements, and improve operational flexibility across industrial applications. Low-charge ammonia refrigeration systems are advanced cooling technologies that reduce ammonia inventory while maintaining high refrigeration performance and safety standards. For instance, in November 2023, EVAPCO, a US-based industrial refrigeration equipment manufacturer, launched Versa Split, the world's first packaged low-charge ammonia (R-717) mega-split refrigeration system. The system is designed for industrial refrigeration facilities supporting up to six remote direct expansion (DX) evaporators operating at different temperatures and providing refrigeration capacities of up to 165 TR. It features a low ammonia charge of 4 to 6 lbs/TR, flexible roof or ground-level installation, variable-speed capacity control, and advanced industrial programmable logic controller (PLC)-based controls, enabling greater efficiency, safety, and versatility for both new and retrofit refrigeration installations.

In June 2023, Johnson Controls, an Ireland-based provider of smart building and industrial refrigeration solutions, acquired M&M Carnot for an undisclosed amount. Through this acquisition, Johnson Controls aims to strengthen its portfolio of natural refrigerant technologies, broaden its industrial refrigeration offerings, and enhance its capabilities in sustainable cooling solutions. M&M Carnot is a Canada-based manufacturer of natural refrigerant refrigeration systems, including low-charge ammonia (R-717) and carbon dioxide (CO₂) refrigeration technologies for industrial and commercial applications.

Major companies operating in the ammonia refrigerants market are BITZER Kühlmaschinenbau GmbH, Clauger SA, Daikin Industries Ltd., Danfoss A/S, Dorin S.p.A., Emerson Electric Co., EVAPCO Inc., GEA Group AG, Güntner GmbH & Co. KG, Hussmann Corporation, Johnson Controls International plc, Mayekawa Mfg. Co. Ltd., Parker Hannifin Corporation, Star Refrigeration Ltd.

Asia-Pacific was the dominating region in the ammonia refrigerants market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the ammonia refrigerants market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ammonia refrigerants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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