The Global R32 AC Market – 2021 Overview Part I

A review of global air conditioner market trends in 2021 demonstrates that the biggest markets such as those in China and Japan continued to be significantly affected by the novel coronavirus pandemic, while India, Europe, and North America showed growth in demand. As a result, the overall global air conditioner market achieved a slight increase in 2021 compared with 2020.
However, in case of the air conditioners using mildly-flammable (A2L) refrigerant R32, the overall global R32 air conditioner market achieved almost 10% year-on-year growth in 2021, since Europe and the Asian region excluding China and Japan benefited from significant growth.