Hydrofluorocarbon (HFC) Refrigerant Market Size, Share, Global Outlook and Forecast 2023-2030

Hydrofluorocarbon (HFC) Refrigerant Market Size, Production, Price, Import, Export, volume 2023 to 2030 Published On

20 June 2023

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Hydrofluorocarbon (HFC) Refrigerant Hydrofluorocarbon (HFC), any of several organic compounds composed of hydrogen, fluorine, and carbon. HFCs are produced synthetically and are used primarily as refrigerants. They became widely used for this purpose beginning in the late 1980s, with the introduction of the Montreal Protocol, which phased out the use of chemicals such as halons and chlorofluorocarbons (CFCs) that contribute to the depletion of Earth’s ozone layer. However, while HFCs have an ozone depletion potential of zero, they are potent greenhouse gases, and thus their manufacture and use became increasingly regulated in the 21st century.

Market overview The global Hydrofluorocarbon (HFC) Refrigerant market was valued at US$ 3717.5 million in 2022 and is projected to reach US$ 4561.7 million by 2030, at a CAGR of 3.0% during the forecast period.

The influence of COVID-19 and the RussiaUkraine War were considered while estimating market sizes.

Report scope We surveyed the Hydrofluorocarbon (HFC) Refrigerant manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

This report aims to provide a comprehensive presentation of the global market for Hydrofluorocarbon (HFC) 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 Hydrofluorocarbon (HFC) Refrigerant.

This report contains market size and forecasts of Hydrofluorocarbon (HFC) Refrigerant in global, including the following market information: Global Hydrofluorocarbon (HFC) Refrigerant Market Revenue, 2018-2023, 2024-2030, ($ millions) Global Hydrofluorocarbon (HFC) Refrigerant Market Sales, 2018-2023, 2024-2030, (Tons)

Global Overview Global major players of HFC refrigerant are Chemours, Arkema, Daikin.The top 5 companies hold a share about 50%.China is the largest market, with a share about 30%, followed by North America and Europe with the share about 27% and 20%.In terms of product, R-134a is the largest segment, with a share about 38%. And in terms of application, the largest application is air conditioner, followed by automotive air conditioner.

Global Market Segment Percentages By Type, By Application and By Key Players:

BY TYPE R-32 Refrigerant R-134a Refrigerant R-410A Refrigerant R-125 Refrigerant Other

BY APPLICATION Residential Commercial Industrial

BY KEY PLAYERS Orbia Zhejiang Juhua Chemours Arkema Zhejiang Sanmei Chemical Daikin Honeywell

Competitor Analysis The report also provides analysis of leading market p a r ti c i p a n t s i n c l u d i n g : K e y c o m p a n i e s H y d r o fl u o r o c a r b o n ( H F C ) R e f r i g e r a n t r e v e n u e s i n g l o b a l m a r k e t , 2 0 1 8 - 2 0 2 3 ( E s ti m a t e d ) , ( $ m i l l i o n s ) K e y c o m p a n i e s H y d r o fl u o r o c a r b o n ( H F C ) R e f r i g e r a n t r e v e n u e s share in global market, 2022 (%) K e y c o m p a n i e s H y d r o fl u o r o c a r b o n ( H F C ) R e f r i g e r a n t s a l e s i n g l o b a l m a r k e t , 2 0 1 8 - 2 0 2 3 ( E s ti m a t e d ) , ( To n s ) K e y c o m p a n i e s H y d r o fl u o r o c a r b o n ( H F C ) R e f r i g e r a n t s a l e s s h a r e in global market, 2022 (%)

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Key Indicators Analysed Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2017-2030 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2017-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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To u n d e r s t a n d t h e m o s t a ff e c ti n g d r i v i n g a n d r e s t r a i n i n g f o r c e s in the market and its impac t in the global market.

Learn about the market strategies that are being adopted by l e a d i n g r e s p e c ti v e o r g a n i z a ti o n s .

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Hydrofluorocarbon (HFC) Refrigerant Market Size, Production, Price, Import, Export, volume 2023 to 2030 Download Free Sample

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