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Global HFO Refrigerant Market Research Report 2024
Synopsis
HFOs (hydrofluoro-olefins) are the fourth generation of fluorine-based gases. HFC refrigerants are composed of hydrogen, fluorine and carbon atoms connected by single bonds between the atoms. HFO refrigerants are composed of hydrogen, fluorine and carbon atoms but contain at least one double bond between the carbon atoms.
The first HFO, jointly developed by DuPont and Honeywell, is HFO 1234yf which is sold under the brand names Opteon YF and SOLSTICE yf. This is a low GWP (Global Warming Potential) replacement for R134a for use in mobile air conditioning (MAC) systems in the automotive sector.
HFO refrigerants are categorised as having zero ODP (Ozone Depletion Potential) and low GWP and so offer a more environmentally friendly alternative to CFCs, HCFCs and HFCs.
The global HFO Refrigerant market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for HFO Refrigerant is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for HFO Refrigerant is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of HFO Refrigerant include Honeywell, Chemours, Linde Gas, Gas Servei, Mitsubishi Electric, Climalife, Nippon Gases, Arkema and Huanxin Fluoro, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for HFO Refrigerant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HFO Refrigerant.
Report Scope
The HFO Refrigerant market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HFO Refrigerant market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HFO Refrigerant manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
Chemours
Linde Gas
Gas Servei
Mitsubishi Electric
Climalife
Nippon Gases
Arkema
Huanxin Fluoro
Zhejiang Juhua Co.,Ltd.
Segment by Type
R1234yf
R1234ze
R1234zd
Others
Segment by Application
Automotive
Air Conditioner Appliances
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HFO Refrigerant manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HFO Refrigerant by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HFO Refrigerant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
HFOs (hydrofluoro-olefins) are the fourth generation of fluorine-based gases. HFC refrigerants are composed of hydrogen, fluorine and carbon atoms connected by single bonds between the atoms. HFO refrigerants are composed of hydrogen, fluorine and carbon atoms but contain at least one double bond between the carbon atoms.
The first HFO, jointly developed by DuPont and Honeywell, is HFO 1234yf which is sold under the brand names Opteon YF and SOLSTICE yf. This is a low GWP (Global Warming Potential) replacement for R134a for use in mobile air conditioning (MAC) systems in the automotive sector.
HFO refrigerants are categorised as having zero ODP (Ozone Depletion Potential) and low GWP and so offer a more environmentally friendly alternative to CFCs, HCFCs and HFCs.
The global HFO Refrigerant market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for HFO Refrigerant is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for HFO Refrigerant is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of HFO Refrigerant include Honeywell, Chemours, Linde Gas, Gas Servei, Mitsubishi Electric, Climalife, Nippon Gases, Arkema and Huanxin Fluoro, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for HFO Refrigerant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HFO Refrigerant.
Report Scope
The HFO Refrigerant market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global HFO Refrigerant market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the HFO Refrigerant manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
Chemours
Linde Gas
Gas Servei
Mitsubishi Electric
Climalife
Nippon Gases
Arkema
Huanxin Fluoro
Zhejiang Juhua Co.,Ltd.
Segment by Type
R1234yf
R1234ze
R1234zd
Others
Segment by Application
Automotive
Air Conditioner Appliances
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of HFO Refrigerant manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of HFO Refrigerant by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of HFO Refrigerant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 HFO Refrigerant Market Overview
1.1 Product Definition
1.2 HFO Refrigerant Segment by Type
1.2.1 Global HFO Refrigerant Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 R1234yf
1.2.3 R1234ze
1.2.4 R1234zd
1.2.5 Others
1.3 HFO Refrigerant Segment by Application
1.3.1 Global HFO Refrigerant Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Air Conditioner Appliances
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global HFO Refrigerant Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global HFO Refrigerant Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global HFO Refrigerant Production Estimates and Forecasts (2019-2030)
1.4.4 Global HFO Refrigerant Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HFO Refrigerant Production Market Share by Manufacturers (2019-2024)
2.2 Global HFO Refrigerant Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of HFO Refrigerant, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global HFO Refrigerant Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global HFO Refrigerant Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of HFO Refrigerant, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HFO Refrigerant, Product Offered and Application
2.8 Global Key Manufacturers of HFO Refrigerant, Date of Enter into This Industry
2.9 HFO Refrigerant Market Competitive Situation and Trends
2.9.1 HFO Refrigerant Market Concentration Rate
2.9.2 Global 5 and 10 Largest HFO Refrigerant Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HFO Refrigerant Production by Region
3.1 Global HFO Refrigerant Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global HFO Refrigerant Production Value by Region (2019-2030)
3.2.1 Global HFO Refrigerant Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of HFO Refrigerant by Region (2025-2030)
3.3 Global HFO Refrigerant Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global HFO Refrigerant Production by Region (2019-2030)
3.4.1 Global HFO Refrigerant Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of HFO Refrigerant by Region (2025-2030)
3.5 Global HFO Refrigerant Market Price Analysis by Region (2019-2024)
3.6 Global HFO Refrigerant Production and Value, Year-over-Year Growth
3.6.1 North America HFO Refrigerant Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe HFO Refrigerant Production Value Estimates and Forecasts (2019-2030)
3.6.3 China HFO Refrigerant Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan HFO Refrigerant Production Value Estimates and Forecasts (2019-2030)
4 HFO Refrigerant Consumption by Region
4.1 Global HFO Refrigerant Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global HFO Refrigerant Consumption by Region (2019-2030)
4.2.1 Global HFO Refrigerant Consumption by Region (2019-2024)
4.2.2 Global HFO Refrigerant Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America HFO Refrigerant Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America HFO Refrigerant Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe HFO Refrigerant Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe HFO Refrigerant Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific HFO Refrigerant Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific HFO Refrigerant Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HFO Refrigerant Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa HFO Refrigerant Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global HFO Refrigerant Production by Type (2019-2030)
5.1.1 Global HFO Refrigerant Production by Type (2019-2024)
5.1.2 Global HFO Refrigerant Production by Type (2025-2030)
5.1.3 Global HFO Refrigerant Production Market Share by Type (2019-2030)
5.2 Global HFO Refrigerant Production Value by Type (2019-2030)
5.2.1 Global HFO Refrigerant Production Value by Type (2019-2024)
5.2.2 Global HFO Refrigerant Production Value by Type (2025-2030)
5.2.3 Global HFO Refrigerant Production Value Market Share by Type (2019-2030)
5.3 Global HFO Refrigerant Price by Type (2019-2030)
6 Segment by Application
6.1 Global HFO Refrigerant Production by Application (2019-2030)
6.1.1 Global HFO Refrigerant Production by Application (2019-2024)
6.1.2 Global HFO Refrigerant Production by Application (2025-2030)
6.1.3 Global HFO Refrigerant Production Market Share by Application (2019-2030)
6.2 Global HFO Refrigerant Production Value by Application (2019-2030)
6.2.1 Global HFO Refrigerant Production Value by Application (2019-2024)
6.2.2 Global HFO Refrigerant Production Value by Application (2025-2030)
6.2.3 Global HFO Refrigerant Production Value Market Share by Application (2019-2030)
6.3 Global HFO Refrigerant Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Honeywell
7.1.1 Honeywell HFO Refrigerant Corporation Information
7.1.2 Honeywell HFO Refrigerant Product Portfolio
7.1.3 Honeywell HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Honeywell Main Business and Markets Served
7.1.5 Honeywell Recent Developments/Updates
7.2 Chemours
7.2.1 Chemours HFO Refrigerant Corporation Information
7.2.2 Chemours HFO Refrigerant Product Portfolio
7.2.3 Chemours HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Chemours Main Business and Markets Served
7.2.5 Chemours Recent Developments/Updates
7.3 Linde Gas
7.3.1 Linde Gas HFO Refrigerant Corporation Information
7.3.2 Linde Gas HFO Refrigerant Product Portfolio
7.3.3 Linde Gas HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Linde Gas Main Business and Markets Served
7.3.5 Linde Gas Recent Developments/Updates
7.4 Gas Servei
7.4.1 Gas Servei HFO Refrigerant Corporation Information
7.4.2 Gas Servei HFO Refrigerant Product Portfolio
7.4.3 Gas Servei HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Gas Servei Main Business and Markets Served
7.4.5 Gas Servei Recent Developments/Updates
7.5 Mitsubishi Electric
7.5.1 Mitsubishi Electric HFO Refrigerant Corporation Information
7.5.2 Mitsubishi Electric HFO Refrigerant Product Portfolio
7.5.3 Mitsubishi Electric HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Mitsubishi Electric Main Business and Markets Served
7.5.5 Mitsubishi Electric Recent Developments/Updates
7.6 Climalife
7.6.1 Climalife HFO Refrigerant Corporation Information
7.6.2 Climalife HFO Refrigerant Product Portfolio
7.6.3 Climalife HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Climalife Main Business and Markets Served
7.6.5 Climalife Recent Developments/Updates
7.7 Nippon Gases
7.7.1 Nippon Gases HFO Refrigerant Corporation Information
7.7.2 Nippon Gases HFO Refrigerant Product Portfolio
7.7.3 Nippon Gases HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Nippon Gases Main Business and Markets Served
7.7.5 Nippon Gases Recent Developments/Updates
7.8 Arkema
7.8.1 Arkema HFO Refrigerant Corporation Information
7.8.2 Arkema HFO Refrigerant Product Portfolio
7.8.3 Arkema HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Arkema Main Business and Markets Served
7.7.5 Arkema Recent Developments/Updates
7.9 Huanxin Fluoro
7.9.1 Huanxin Fluoro HFO Refrigerant Corporation Information
7.9.2 Huanxin Fluoro HFO Refrigerant Product Portfolio
7.9.3 Huanxin Fluoro HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Huanxin Fluoro Main Business and Markets Served
7.9.5 Huanxin Fluoro Recent Developments/Updates
7.10 Zhejiang Juhua Co.,Ltd.
7.10.1 Zhejiang Juhua Co.,Ltd. HFO Refrigerant Corporation Information
7.10.2 Zhejiang Juhua Co.,Ltd. HFO Refrigerant Product Portfolio
7.10.3 Zhejiang Juhua Co.,Ltd. HFO Refrigerant Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Zhejiang Juhua Co.,Ltd. Main Business and Markets Served
7.10.5 Zhejiang Juhua Co.,Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HFO Refrigerant Industry Chain Analysis
8.2 HFO Refrigerant Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HFO Refrigerant Production Mode & Process
8.4 HFO Refrigerant Sales and Marketing
8.4.1 HFO Refrigerant Sales Channels
8.4.2 HFO Refrigerant Distributors
8.5 HFO Refrigerant Customers
9 HFO Refrigerant Market Dynamics
9.1 HFO Refrigerant Industry Trends
9.2 HFO Refrigerant Market Drivers
9.3 HFO Refrigerant Market Challenges
9.4 HFO Refrigerant Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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