This research work discusses how the thermodynamic properties of refrigerant constrain the upper limit of the coefficient of performance (COP) of adsorption cooling (AC) cycle. A mathematical model is developed based on the mass and energy balance across the adsorption bed and used to estimate the maximum COP. Langmuir model is used to derive the ideal COP. Besides, Carnot COP and exergy efficiency are derived to evaluate the adsorption cooling cycle further. These new parameters are applied to the available cycles in the open literature to assess how much room for improvement is still left in the adsorption technology based on the refrigerant type. Water, ammonia, methanol, ethanol, Butane, R134a, R32, CO2 and R1234ze are used in this study. The maximum cooling COP cannot exceed 1.0 for cooling applications and is always less than 2.0 for heat pumps. Results show that AC cycles using water or ethanol as refrigerants achieve the highest exergy efficiency. The AC cycle using water as an adsorbate and silica gel as an adsorbent has the highest relative COP, about 80 % at 85 °C regeneration temperature. In turn, CO2 exhibits the lowest one. This work is merely an attempt to save experimental effort and time by identifying the most suitable refrigerant based on its physical and thermal properties and the cycle operating conditions.