Global R404A Refrigerant Market Growth 2024-2030
R404A Refrigerant is a blended hydrofluorocarbon (HFC) refrigerant comprised of R-125, R-134a, and R-143a. It was designed to replace R-502 and R-22 used in commercial refrigerator equipment for low and medium temperature ranges.
The global R404A Refrigerant market size is projected to grow from US$ 222.1 million in 2023 to US$ 293.1 million in 2030; it is expected to grow at a CAGR of 4.0% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “R404A Refrigerant Industry Forecast” looks at past sales and reviews total world R404A Refrigerant sales in 2023, providing a comprehensive analysis by region and market sector of projected R404A Refrigerant sales for 2024 through 2030. With R404A Refrigerant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world R404A Refrigerant industry.
This Insight Report provides a comprehensive analysis of the global R404A Refrigerant 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 R404A Refrigerant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global R404A Refrigerant market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for R404A Refrigerant 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 R404A Refrigerant.
United States market for R404A Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for R404A Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for R404A Refrigerant is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key R404A Refrigerant players cover Chemours, Honeywell, Danfoss, Sinochem and Zhejiang Juhua, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of R404A Refrigerant market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Purity ≥99.5%
Purity <99.5%
Segmentation by application
Commercial Refrigeration
Residential Refrigeration
Industrial Refrigeration
Automotive Refrigeration
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.
Chemours
Honeywell
Danfoss
Sinochem
Zhejiang Juhua
A-Gas
Nippon Gases
Refex Industries Limited
Shandong Dongyue
Al Waleed Refrigerant Gas Industry LLC
SAE Manufacturing Specialties
RX CHEMICAL
JinHua Slihe Chemical
Zhejiang NOF Chemical Co., Ltd.
Rhodia Chemicals Ltd.
Tazzetti
Zhejiang Ze China Fluorine Chemical Co., LTD
Xiamen Juda Chemical & Equipment Co., Ltd.
Taizhou Huasheng New Refrigeration Material Co., Ltd.
Luzhou Sanhe Fluorine Chemical Co., Ltd.
Chengdu Henbin Refrigeration Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global R404A Refrigerant market?
What factors are driving R404A Refrigerant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do R404A Refrigerant market opportunities vary by end market size?
How does R404A Refrigerant break out type, application?
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