Global HCFC-142b Market Growth 2023-2029

Global HCFC-142b Market Growth 2023-2029

1-Chloro-1,1-difluoroethane (HCFC-142b) is a haloalkane with the chemical formula CH3CClF2. It belongs to the hydrochlorofluorocarbon (HCFC) family of man-made compounds that contribute significantly to both ozone depletion and global warming when released into the environment.

HCFC-142b is the commercially preferred monomer precursor, it can be used for PVDF synthesis, refrigerant etc. However, due to environmental reasons, the proportion of HCFC-142b used in refrigerant field is becoming smaller, and the restrictive policies of many countries are becoming more and more strict.

LPI (LP Information)' newest research report, the “HCFC-142b Industry Forecast” looks at past sales and reviews total world HCFC-142b sales in 2022, providing a comprehensive analysis by region and market sector of projected HCFC-142b sales for 2023 through 2029. With HCFC-142b sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HCFC-142b industry.

This Insight Report provides a comprehensive analysis of the global HCFC-142b landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HCFC-142b portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HCFC-142b market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HCFC-142b and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HCFC-142b.

The global HCFC-142b market size is projected to grow from US$ 1915.7 million in 2022 to US$ 3415.3 million in 2029; it is expected to grow at a CAGR of 3415.3 from 2023 to 2029.

The largest two producers of HCFC-142b are China and Europe, hold a share over 97%. Global key players of HCFC-142b include Arkema, Shandong Dongyue, Shandong Lecron, Zhejiang Juhua and Shanghai Huayi 3F. Global top five manufacturers hold a share over 72%.

This report presents a comprehensive overview, market shares, and growth opportunities of HCFC-142b market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Purity above 99.9%
Purity below 99.9%

Segmentation by application
PVDF
Refrigerant
Foaming Agent

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arkema
Shandong Dongyue
Shandong Lecron
Zhejiang Juhua
Shanghai Huayi 3F
Zhejiang Sanmei
Sinochem Lantian
Zhejiang Artsen
Zhejiang Fotech
Hangzhou Fine Fluorotech

Key Questions Addressed in this Report

What is the 10-year outlook for the global HCFC-142b market?

What factors are driving HCFC-142b market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do HCFC-142b market opportunities vary by end market size?

How does HCFC-142b break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.