The Asia Pacific absorption chillers market size attained approximately USD 551.55 Million in 2025. The market is estimated to grow at a CAGR of 4.20% in the forecast period of 2026-2035, reaching a value of around USD 832.27 Million by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.2%
Value in USD Million
2026-2035
*this image is indicative*
An absorption chiller is a refrigerant device that cools the temperature of air or water by utilising heat. It works on the principle of vapour absorption technology and provides an efficient cooling system for commercial and industrial settings.
The EMR’s report titled “Asia Pacific Absorption Chillers Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Refrigerant Type
Market Breakup by Technology
Market Breakup by Source of Energy
Market Breakup by Application
Market Breakup by End Use
Market Breakup by Region
Lithium bromide occupies a sizeable portion of the Asia Pacific absorption chillers market share owing to its non-explosive and non-toxic nature. This refrigerant is odourless, eco-friendly, and provides a safe and reliable solution for air conditioners. It also finds extensive applications in several sectors as it offers an efficient and energy-saving cooling solution compared to traditional systems.
As per the Asia Pacific absorption chillers market analysis, the commercial sector accounts for a substantial share of the regional market. Absorption chillers provide cost-efficient and energy-saving cooling systems in offices, data centres, schools, educational institutes, and healthcare facilities, among others.
The expansion of data centres in the region also contributes to the market growth as they are widely used to maintain consistent temperature, air purity, and air circulation in these spaces. Additionally, infrastructural development in developing economies provides opportunities for the commercial sector.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Asia Pacific absorption chillers market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Carrier Global Corporation, established in 1915, is an energy solution corporation, based in Florida, the United States. It provides air conditioning, refrigeration, heating, ventilation, and fire and security equipment, among others.
Thermax Limited is an Indian environment solution company, founded in 1980 with its headquarters in Pune, Maharashtra. The company provides absorption cooling, process heating, water and waste, and chemical solutions, among others.
Kirloskar Pneumatic Company Ltd., incorporated in 1958 and headquartered in Pune, Maharashtra, is one of the core companies of Kirloskar groups. It provides refrigeration systems, vapour absorption systems, air conditioners, air compressors, and industrial gearboxes, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other Asia Pacific absorption chillers market players include Johnson Controls-Hitachi Air Conditioning, LG Electronics, Trane Technologies Company, LLC, DAIKIN INDUSTRIES, Ltd., and Shuangliang Eco-energy Systems Co., Ltd., among others.
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In 2025, the market reached an approximate value of USD 551.55 Million.
The market is projected to grow at a CAGR of 4.20% between 2026 and 2035.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035, reaching a value of around USD 832.27 Million by 2035.
The major market drivers are the shortage of electricity in developing countries, growing demand for environmentally friendly solutions, and low operational costs of absorption chillers.
The key trends of the market include increased adoption of energy-efficient cooling solutions, the rising usage of CHP systems, growing demand for cooling equipment in hot climate countries, and technological advancements.
The major countries in the market are China, Japan, India, ASEAN, and Australia, among others.
The various types of absorption chillers are steam absorption chillers, hot water absorption chillers, direct-fired absorption chillers, and gas-fired absorption chillers, among others.
The key players in the market are Carrier Global Corporation, Thermax Limited., Kirloskar Pneumatic Company Ltd., Johnson Controls-Hitachi Air Conditioning, LG Electronics, Trane Technologies Company, LLC, DAIKIN INDUSTRIES, Ltd., and Shuangliang Eco-energy Systems Co., Ltd., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Refrigerant Type |
|
| Breakup by Technology |
|
| Breakup by Source of Energy |
|
| Breakup by Application |
|
| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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