Global HFC Refrigerant Market Research Report 2023(Status and Outlook)

Global HFC Refrigerant Market Research Report 2023(Status and Outlook)



Report Overview

Refrigerants are generally in the fluid form and are used in a heat pump or refrigeration process. They primarily are of three types: Chlorofluorocarbons (CFC), Hydro chlorofluorocarbons (HCFC), and Hydro-fluorocarbons (HFC). All these types are believed to be hazardous to environment. HFCs are third generation of CFCs which do not deplete ozone layer, but are potentially greenhouse gases.

Hydrofluorocarbon (HFC), any of several organic compounds composed of hydrogen, fluorine, and carbon. HFCs are produced synthetically and are used primarily as refrigerants. They became widely used for this purpose beginning in the late 1980s, with the introduction of the Montreal Protocol, which phased out the use of chemicals such as halons and chlorofluorocarbons (CFCs) that contribute to the depletion of Earth’s ozone layer. However, while HFCs have an ozone depletion potential of zero, they are potent greenhouse gases, and thus their manufacture and use became increasingly regulated in the 21st century.

In general, HFCs are relatively nonflammable, chemically stable, and nonreactive. Many are colorless, odorless gases, but some—such as HFC-365mfc (1, 1, 1, 3, 3-pentafluorobutane)—are liquids at room temperature. As refrigerants, HFCs are used in a wide variety of cooling systems, from refrigerators and freezers to automotive air-conditioning units. HFCs are also used as blowing agents in the production of polymer foams; as firefighting agents (having replaced halons); as solvents in cleaning products for plastics and metals and in plasma etching for semiconductor technology; and as propellants in metered-dose inhalers prescribed for the treatment of asthma.

The most popular hydro-fluorocarbon (HFC) refrigerants for new commercial Air Conditioner systems include R-410A and R-134a.

Major players of Global HFC Refrigerant Market are: Chemours, Arkema, Daikin, Mexichem, Honeywell, Linde, Zhejiang Juhua, Dongyue Group, Sanmei, Sinochem Group and Meilan Chemical, with about 75% market shares.

The Global HFC Refrigerant Market Size was estimated at USD 3253.70 million in 2022 and is projected to reach USD 3163.68 million by 2029, exhibiting a CAGR of -0.40% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global HFC Refrigerant market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global HFC Refrigerant Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the HFC Refrigerant market in any manner.

Global HFC Refrigerant Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Chemours

Arkema

Daikin

Mexichem

Honeywell

Linde

Zhejiang Juhua

Dongyue Group

Sanmei

Sinochem Group

Meilan Chemical

Market Segmentation (by Type)

R-134a

R-410A

R-407C

Others

Market Segmentation (by Application)

Paving and Roofing

Footwear

Advanced Material

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the HFC Refrigerant Market

Overview of the regional outlook of the HFC Refrigerant Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of HFC Refrigerant
1.2 Key Market Segments
1.2.1 HFC Refrigerant Segment by Type
1.2.2 HFC Refrigerant Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 HFC Refrigerant Market Overview
2.1 Global Market Overview
2.1.1 Global HFC Refrigerant Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global HFC Refrigerant Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 HFC Refrigerant Market Competitive Landscape
3.1 Global HFC Refrigerant Sales by Manufacturers (2018-2023)
3.2 Global HFC Refrigerant Revenue Market Share by Manufacturers (2018-2023)
3.3 HFC Refrigerant Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global HFC Refrigerant Average Price by Manufacturers (2018-2023)
3.5 Manufacturers HFC Refrigerant Sales Sites, Area Served, Product Type
3.6 HFC Refrigerant Market Competitive Situation and Trends
3.6.1 HFC Refrigerant Market Concentration Rate
3.6.2 Global 5 and 10 Largest HFC Refrigerant Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 HFC Refrigerant Industry Chain Analysis
4.1 HFC Refrigerant Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of HFC Refrigerant Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 HFC Refrigerant Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global HFC Refrigerant Sales Market Share by Type (2018-2023)
6.3 Global HFC Refrigerant Market Size Market Share by Type (2018-2023)
6.4 Global HFC Refrigerant Price by Type (2018-2023)
7 HFC Refrigerant Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global HFC Refrigerant Market Sales by Application (2018-2023)
7.3 Global HFC Refrigerant Market Size (M USD) by Application (2018-2023)
7.4 Global HFC Refrigerant Sales Growth Rate by Application (2018-2023)
8 HFC Refrigerant Market Segmentation by Region
8.1 Global HFC Refrigerant Sales by Region
8.1.1 Global HFC Refrigerant Sales by Region
8.1.2 Global HFC Refrigerant Sales Market Share by Region
8.2 North America
8.2.1 North America HFC Refrigerant Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe HFC Refrigerant Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific HFC Refrigerant Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America HFC Refrigerant Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa HFC Refrigerant Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Chemours
9.1.1 Chemours HFC Refrigerant Basic Information
9.1.2 Chemours HFC Refrigerant Product Overview
9.1.3 Chemours HFC Refrigerant Product Market Performance
9.1.4 Chemours Business Overview
9.1.5 Chemours HFC Refrigerant SWOT Analysis
9.1.6 Chemours Recent Developments
9.2 Arkema
9.2.1 Arkema HFC Refrigerant Basic Information
9.2.2 Arkema HFC Refrigerant Product Overview
9.2.3 Arkema HFC Refrigerant Product Market Performance
9.2.4 Arkema Business Overview
9.2.5 Arkema HFC Refrigerant SWOT Analysis
9.2.6 Arkema Recent Developments
9.3 Daikin
9.3.1 Daikin HFC Refrigerant Basic Information
9.3.2 Daikin HFC Refrigerant Product Overview
9.3.3 Daikin HFC Refrigerant Product Market Performance
9.3.4 Daikin Business Overview
9.3.5 Daikin HFC Refrigerant SWOT Analysis
9.3.6 Daikin Recent Developments
9.4 Mexichem
9.4.1 Mexichem HFC Refrigerant Basic Information
9.4.2 Mexichem HFC Refrigerant Product Overview
9.4.3 Mexichem HFC Refrigerant Product Market Performance
9.4.4 Mexichem Business Overview
9.4.5 Mexichem HFC Refrigerant SWOT Analysis
9.4.6 Mexichem Recent Developments
9.5 Honeywell
9.5.1 Honeywell HFC Refrigerant Basic Information
9.5.2 Honeywell HFC Refrigerant Product Overview
9.5.3 Honeywell HFC Refrigerant Product Market Performance
9.5.4 Honeywell Business Overview
9.5.5 Honeywell HFC Refrigerant SWOT Analysis
9.5.6 Honeywell Recent Developments
9.6 Linde
9.6.1 Linde HFC Refrigerant Basic Information
9.6.2 Linde HFC Refrigerant Product Overview
9.6.3 Linde HFC Refrigerant Product Market Performance
9.6.4 Linde Business Overview
9.6.5 Linde Recent Developments
9.7 Zhejiang Juhua
9.7.1 Zhejiang Juhua HFC Refrigerant Basic Information
9.7.2 Zhejiang Juhua HFC Refrigerant Product Overview
9.7.3 Zhejiang Juhua HFC Refrigerant Product Market Performance
9.7.4 Zhejiang Juhua Business Overview
9.7.5 Zhejiang Juhua Recent Developments
9.8 Dongyue Group
9.8.1 Dongyue Group HFC Refrigerant Basic Information
9.8.2 Dongyue Group HFC Refrigerant Product Overview
9.8.3 Dongyue Group HFC Refrigerant Product Market Performance
9.8.4 Dongyue Group Business Overview
9.8.5 Dongyue Group Recent Developments
9.9 Sanmei
9.9.1 Sanmei HFC Refrigerant Basic Information
9.9.2 Sanmei HFC Refrigerant Product Overview
9.9.3 Sanmei HFC Refrigerant Product Market Performance
9.9.4 Sanmei Business Overview
9.9.5 Sanmei Recent Developments
9.10 Sinochem Group
9.10.1 Sinochem Group HFC Refrigerant Basic Information
9.10.2 Sinochem Group HFC Refrigerant Product Overview
9.10.3 Sinochem Group HFC Refrigerant Product Market Performance
9.10.4 Sinochem Group Business Overview
9.10.5 Sinochem Group Recent Developments
9.11 Meilan Chemical
9.11.1 Meilan Chemical HFC Refrigerant Basic Information
9.11.2 Meilan Chemical HFC Refrigerant Product Overview
9.11.3 Meilan Chemical HFC Refrigerant Product Market Performance
9.11.4 Meilan Chemical Business Overview
9.11.5 Meilan Chemical Recent Developments
10 HFC Refrigerant Market Forecast by Region
10.1 Global HFC Refrigerant Market Size Forecast
10.2 Global HFC Refrigerant Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe HFC Refrigerant Market Size Forecast by Country
10.2.3 Asia Pacific HFC Refrigerant Market Size Forecast by Region
10.2.4 South America HFC Refrigerant Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of HFC Refrigerant by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global HFC Refrigerant Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of HFC Refrigerant by Type (2024-2029)
11.1.2 Global HFC Refrigerant Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of HFC Refrigerant by Type (2024-2029)
11.2 Global HFC Refrigerant Market Forecast by Application (2024-2029)
11.2.1 Global HFC Refrigerant Sales (K MT) Forecast by Application
11.2.2 Global HFC Refrigerant Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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