Focus Markets

23.03.2026

Refrigerants: Rising prices and risks of shortages in the European market

Rising prices and potential shortages: the refrigerant market is changing under pressure from the F-gas phase-down.

The refrigerant market is entering an increasingly complex phase, characterized by a progressive increase in prices and potential critical issues regarding fluid availability . The dynamics linked to the F-gas phase-down , combined with the reduction in available quotas, are significantly altering the balance of the HVAC/R supply chain.

For operators and companies in the sector, the issue is no longer just about cost optimization, but the very ability to guarantee operational continuity and access to the necessary refrigerants.

 

Phase-down and availability: a market under pressure

European and UK HFC reduction policies are progressively limiting the quantity of refrigerants available on the market . In Europe, availability is set to decline further in the coming years, with a significant reduction in quotas already planned in the near term.

This dynamic is generating increasing pressure on the supply chain: not only is the cost of high-GWP refrigerants rising, but it's also becoming more complex to source certain types of gas . According to industry players, the focus is shifting from a focus on finding the best price to a new priority: ensuring product availability.

The phenomenon affects not only traditional refrigerants, but also some blends used as temporary alternatives, which are beginning to suffer from the same limitations.

 

Operational impacts and strategies for the HVAC/R sector

Rising prices and potential refrigerant shortages are already impacting companies' strategies, which are being forced to revise their technical and management approaches. In this scenario, some increasingly relevant operational guidelines are emerging:

  • greater supply planning and direct relationships with suppliers
  • Accelerating the transition to low-GWP or natural refrigerants
  • review of existing systems and evaluation of alternative solutions
  • increasing attention to the efficient management of refrigerants throughout their life cycle

This shift requires updated skills and a more strategic vision of facility management, especially in an increasingly stringent regulatory environment.

 

A market in transformation between regulations and sustainability

The evolution of the refrigerant market highlights how the transition in the HVAC/R sector is no longer just an environmental issue, but also an economic and operational one. The reduction in F-gas quotas is accelerating the transition to new technological solutions, but at the same time, it introduces new critical issues related to availability and costs.

For the refrigeration supply chain, this is a transformational phase in which the ability to adapt becomes crucial: choosing sustainable technologies, optimizing the use of refrigerants, and planning procurement strategies will be increasingly crucial elements in addressing the challenges of the coming years.

FAQ

The price increase is mainly due to the progressive reduction in HFC quotas required by the F-Gas regulation, which limits the availability of certain refrigerants on the market. This mechanism affects the balance between supply and demand throughout the supply chain, impacting costs for manufacturers, distributors, and operators.

The risk of shortages is linked to the declining availability of quotas and the growing demand for alternative refrigerants. Although the market has shown phases of stabilization, availability may fluctuate based on factors such as regulations, supply, and the spread of new technologies.