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Report highlights role of refrigeration

FRANCE: The International Institute of Refrigeration (IIR) has released a third edition of its technical brief highlighting the critical importance of refrigeration.

The Role of refrigeration in the global economy (3rd edition) is a comprehensive report highlighting the critical importance of refrigeration in addressing global challenges related to food security, healthcare, energy efficiency, and climate change.

The 2025 edition provides updated data, insights, and recommendations to guide policymakers, industry leaders and researchers in advancing the refrigeration sector toward a more sustainable and equitable future.

The report reveals the global refrigeration market has grown to approximately 5.4 billion refrigeration systems in operation worldwide and is valued at over $300 billion annually.

The refrigeration sector is estimated to account for 20% of global electricity consumption and 7.5% of global CO₂ emissions. 

The industry employs 12 million people worldwide but faces a severe shortage of skilled technicians and installers, particularly in Europe and North America. 

The Role of refrigeration in the global economy (3rd edition) is free to download from the IIR website.

Latest News

30th April 2026

A-Gas extends reclaim rewards to Australia

AUSTRALIA: A-Gas, the refrigerant supplier and lifecycle management company, has created a reclamation rewards scheme in collaboration with Australian HVACR wholesalers Actrol and Airefrig.
30th April 2026

BESCA CPS achieves UKAS re-accreditation

UK: The Building Engineering Services Association (BESA) has successfully achieved UKAS re-accreditation for its BESCA competent person scheme against ISO 17065. 
30th April 2026

Danfoss backs new IOR Lego refrigeration kits

UK: Building on the success of its Lego refrigeration plant kit, the Institute of Refrigeration (IOR) has announced the launch of even more Lego kits in collaboration with Danfoss. 
30th April 2026

Carrier expands liquid cooling interest

USA: Carrier has increased its investment in ZutaCore, the US direct-to-chip, waterless liquid cooling solutions company that first attracted its interest last year.
30th April 2026

Danfoss builds oil-free capabilities

DENMARK: Danfoss is expanding its Extended Oil-Free (EXO) programme to optimise oil-free HVAC systems, centred on its Turbocor compressors to increase energy efficiency, reduce noise, and minimise maintenance.
30th April 2026

Gregory-Miles heads Tefcold UK sales

UK: Danish commercial refrigeration equipment wholesaler Tefcold has announced the appointment of Dan Gregory-Miles as head of sales for the UK & Ireland.