Global Cold Chain Packaging Refrigerants Market to Grow at a CAGR of 7.4% During the Period 2024-2032, Driven by the Need to Maintain a Desired Temperature to Safely Transport Certain Goods

The global cold chain packaging refrigerants market is expected to be driven by the importance of cold chain packaging refrigerants in safely transporting important consignments across sectors and ensuring that products maintain a desired temperature consistent with relevant safety regulations and quality standards. Examples of cold chain products include pharmaceuticals, vaccines, biologics, lab samples, diagnostic materials, chemicals, food, and beverages. North America, Europe and Asia Pacific are expected to be key markets.

Keeping products cold is essential when they are likely to lose integrity and usability if not kept within desired temperatures. Incorrect temperatures may cause spoilage, fires and even explosions. Cold chain assumes more importance and complexity in military applications as goods generally need to be transported over long distances to remote and hot regions. In the food and beverage sector, temperature is crucial for transporting produce, meat and seafood. Any disruption in the cold chain could cause rotting, bacteria or mould.

Several companies offer effective cold chain packaging refrigerant solutions. For example, Cryopak offers a variety of refrigerants that come in different sizes, weights, and temperature ranges. Solutions include Flexible Ice Blankets and Mats that can be wrapped around the payload to help stabilize temperature and minimize hot spots. Cryopak’s gel packs come in several sizes and weights, and help keep temperature sensitive shipments within the desired temperature range. Cryopak’s Ice-Pak™ brand is a durable, reusable, cost-effective and convenient way of keeping temperature sensitive shipments within temperature range. Phase change materials (PCM) provide advanced thermal protection for temperature-sensitive products that warrant storage within very particular temperature ranges during shipping. Cryopak offers a variety of PCMs to meet consumers’ needs.

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Koolit® (by Cold Chain Technologies) Advanced PCM Gel offers the durability and security of a PCM bottle, with the lightweight, leak-proof advantages of a gel pack. It comes in four mix-and-match temperature applications - 3°C, 5°C, 7°C, and 17°C. Koolit® Advanced Refrigerant PCMs are non-water-based phase change materials (PCMs) that freeze and melt at approximately the same temperatures that are required by products to stay protected. Such solutions are likely to boost the global cold chain packaging refrigerants market.

Hydrosleeves™ (Gel Phase Change Materials) (by Packaging Technology Group) enable complete thermal protection to products while offering customization and internal packing support. The solutions are lightweight and come in different sizes. Coolbrick® offers the dual benefits of regulating temperature and acting as a packaging material. The customized foam bricks are safe, non-toxic, and durable. PTG’s Coolbrick® is constructed with a semi-rigid foam and won’t change shape during freezing, thawing, or transit. COOLGEL™ packs allow flexibility when searching for an affordable and long-lasting option in temperature control. PTG offers several COOLGEL™ sizes. PTG also offers PCM pouches and bottles; PCM pouches and bottles are available at a range of temperatures including -24°C, 3°C, 5°C, 6.5°C, 19°C, 21°C & 24°C.

Key Findings of the Report:

• The global cold chain packaging refrigerants market is expected to be driven by the need to keep a desired temperature to safely transport certain goods.

• Uses across sectors including pharmaceuticals, food and beverage, chemicals, and cosmetics and personal care are likely to boost market growth.

• North America, Europe and Asia Pacific are projected to be key markets.

Market Analysis by Product Type, Application and Region:

• By product type, the market is segmented into Foam Bricks, Gel Packs, and Others.

• By application, the market is divided into Pharmaceuticals, Food, and Industrial.

• By region, the market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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