CO2 Refrigeration Compressor Market is predicted to reach USD 351.0 million at a CAGR of 3.71% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global CO2 Refrigeration Compressor Market”

Market Research Future (MRFR) has published a cooked research report on the “global CO2 Refrigeration Compressor market” that contains the information from 2019 to 2031. The CO2 Refrigeration Compressor market is estimated to register a CAGR of 3.71% during the forecast period of 2023 to 2031.

MRFR recognizes the following companies as the key players in the global CO2 Refrigeration Compressor market— Emerson Electric Co (US), Panasonic Holdings Corporation (Japan), BOCK GmbH (Germany), Dorin S.p.A (Italy), Bitzer (Germany), Atlas Copco AB (Sweden), HAUG Sauer Compressor AG (Switzerland), Mehrer compression GbmH (Germany), Isentra (England), Sanden Corp (Japan).

Market Highlights

The global CO2 Refrigeration Compressor market is accounted for to register a CAGR of 3.71% during the forecast period and is estimated to reach USD 351.0 million by 2031.

Commercial refrigerators are commonly used for food storage and retail purposes. Global use of processed and frozen foods is increasing. The food retail sector is expanding globally as more supermarkets and hypermarkets are developed. The demand for frozen meals, packaged foods, and processed foods is steadily expanding. These are some of the primary factors projected to drive the global refrigeration compressor market. Refrigeration systems are commonly utilised in the transportation and logistics industries to preserve and move perishable food products safely. The emergence of online food delivery applications that provide additional benefits such as convenience, discounts, and free delivery services is expected to increase food consumption from food service establishments, thereby driving demand for refrigeration systems and refrigerant compressors. As a result of the foregoing factors, the refrigeration compressor market is likely to expand in the future.

Carbon dioxide (R744) is an excellent refrigerant for supermarket refrigeration because it is non-toxic, inflammable, easily available, has well-known properties, has a low critical point and relative inertness, stability, compatibility with standard materials and lubricants, component compactness, favourable thermodynamics and transport properties, and is inexpensive. Carbon dioxide also aids in the preservation of packaged food by reducing the quantity of oxygen inside the packaging. Carbon dioxide also inhibits the growth of microorganisms and lowers the pH of preserved foods. Thus, CO2 refrigeration systems are widely accepted in the food & beverages, food retail and food services industries.

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Segment Analysis

The global CO2 Refrigeration Compressor market has been segmented based on Type, Application and Region.

The global CO2 Refrigeration Compressor Market segmentation, based on Type has been segmented as Rolling Rotor Compressor, Sliding Vane Compressor, Screw Compressor and Others. Among these, the Screw Compressor type is anticipated to dominate the global CO2 Refrigeration Compressor market revenue through the projected period as estimated by MRFR analysts.

Screw compressors are suitable for industrial CO2 refrigeration applications such as large capacity cold stores, food processing plants and distribution centers. These compressors can handle high cooling capacities and provide reliable and efficient cooling for large-scale industrial applications. Thus, the increasing demand for CO2 refrigeration from numerous industrial applications will augment the demand for screw compressors ij the estimated timeframe.

In Application segment, the market is categorized as Commercial, Industrial and Others. Out of which the Commercial segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well. The market of CO2 refrigeration compressor is expected to experience healthy pace owing to the rising demand for cold storage facilities that can store perishable goods such as fruit, vegetables and dairy products. Also, some pharmaceutical and biotech companies use CO2 refrigeration compressors in their temperature-sensitive storage areas to maintain a controlled environment for the storage of vaccines, drugs and biological samples.

Regional Analysis

By Region, the CO2 Refrigeration Compressor market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Europe CO2 Refrigeration Compressor market holds the considerable market share and is also forecasted to hold the largest share during the forecast period. Many European countries have introduced green building initiatives and certifications that encourage the use of environmentally friendly technologies, including CO2 cooling systems. These initiatives are creating a demand for sustainable and energy efficient solutions in commercial buildings. Awareness of the importance of environmental sustainability and the impact of greenhouse gas emissions is growing among the public and businesses. This increased awareness has influenced businesses to adopt more environmentally friendly practices, including the use of CO2 cooling systems.

Key Findings of the Study

• The global CO2 Refrigeration Compressor market is expected to reach USD 351.0 million by 2031, at a CAGR of 3.71% during the forecast period.


• The Europe region accounted for the fastest-growing global market.


• Based on Type, the Screw Compressor segment was attributed to holding the largest market in 2022.


• Based on Application, the Commercial segment was attributed to holding the largest market in 2022.


• Emerson Electric Co (US), Panasonic Holdings Corporation (Japan), BOCK GmbH (Germany), Dorin S.p.A (Italy), Bitzer (Germany), Atlas Copco AB (Sweden), HAUG Sauer Compressor AG (Switzerland), Mehrer compression GbmH (Germany), Isentra (England), Sanden Corp (Japan) are the key market players.