Global HFO-1234yf Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global HFO-1234yf market size was valued at USD 1037.4 million in 2022 and is forecast to a readjusted size of USD 2784.6 million by 2029 with a CAGR of 15.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of HFO-1234yf include Honeywell, Chemours and others. The top two producers together account for more than 99% of the market share, with the largest producer being Honeywell with 57%. The global origins are mainly located in North America and China, and North America is the largest production region, with a share of 63%. In terms of product categories, automotive air conditioning has the largest market share, with a share of about 99%, while domestic refrigeration accounts for only 1%. In terms of applications, personal use is the top application area with a market share of 87%.
HFO-1234yf is a refrigerant that has a different chemical composition than traditional refrigerants used in automotive air conditioning. It is considered a hydrofluoro-olefin refrigerant.
This report is a detailed and comprehensive analysis for global HFO-1234yf 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 HFO-1234yf market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global HFO-1234yf market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global HFO-1234yf market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2018-2029
Global HFO-1234yf market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 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 HFO-1234yf
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 HFO-1234yf 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 and Chemours.. 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
HFO-1234yf 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
Automotive Air Conditioning
Domestic Refrigeration
Market segment by Application
Personal
Commercial
Others
Major players covered
Honeywell
Chemours
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 HFO-1234yf product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of HFO-1234yf, with price, sales, revenue and global market share of HFO-1234yf from 2018 to 2023.
Chapter 3, the HFO-1234yf competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HFO-1234yf 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 HFO-1234yf 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 HFO-1234yf.
Chapter 14 and 15, to describe HFO-1234yf sales channel, distributors, customers, research findings and conclusion.