Global R-1234ze Refrigerant Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global R-1234ze Refrigerant Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global R-1234ze Refrigerant market size was valued at USD 105 million in 2022 and is forecast to a readjusted size of USD 184.8 million by 2029 with a CAGR of 8.4% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The R-1234ze Refrigerant is manufactured only by Honeywell due to patent protection.

Europe is the world's largest market, accounting for about 42%. It is followed by North America, with about 36%. Europe and North America will remain the world's top two markets in the future.

R-1234ze Refrigerant is mainly divided into two types: industrial refrigerant and commercial refrigerant. The market share of industrial refrigerant is about 63%. The market share of commercial refrigerants is expected to increase in the future.

In terms of application, it is mainly used in chillers, heat pump and other downstream industrial products. The chillers market accounts for about 50% and is expected to increase.

R1234ze, also known as HFO-1234ze, with the chemical name of 1,3,3,3-tetrafluoropropene, has the advantages of non-toxicity, non-flammability, no flash point, and stable chemical properties, and is mainly used as a refrigerant. Compared with the first three generations of refrigerants, R1234ze has zero ODP (Ozone Depleting Potential), low GWP (Global Warming Potential), does not destroy the ozone layer and has low greenhouse effect, and has obvious environmental advantages.

R-1234ze refrigerant product is an exclusive patented product of Honeywell. The report focus on R-1234ze refrigerant market.

This report is a detailed and comprehensive analysis for global R-1234ze Refrigerant market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global R-1234ze Refrigerant market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global R-1234ze Refrigerant market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global R-1234ze Refrigerant market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2018-2029

Global R-1234ze Refrigerant market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for R-1234ze Refrigerant

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global R-1234ze Refrigerant market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Honeywell... etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

R-1234ze Refrigerant market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Industrial Refrigerant
Commercial Refrigerant

Market segment by Application
Chillers
Heat Pump
Other

Major players covered
Honeywell

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe R-1234ze Refrigerant product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of R-1234ze Refrigerant, with price, sales, revenue and global market share of R-1234ze Refrigerant from 2018 to 2023.

Chapter 3, the R-1234ze Refrigerant competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the R-1234ze Refrigerant breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and R-1234ze Refrigerant market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of R-1234ze Refrigerant.

Chapter 14 and 15, to describe R-1234ze Refrigerant sales channel, distributors, customers, research findings and conclusion.