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Global R245Fa Refrigerant Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Sep 25, 2025
Length 129 Pages
SKU # BOSS20443171

Description

Report Overview

The R245fa refrigerant, chemically known as 1,1,1,3,3-pentafluoropropane, is a hydrofluorocarbon (HFC) widely used in industrial and commercial applications, particularly in high-temperature heat pumps, organic Rankine cycles (ORC), and as a blowing agent for foam insulation. With a low global warming potential (GWP) compared to older refrigerants like R134a, it serves as a transitional solution in industries seeking to balance performance and environmental regulations. The market for R245fa is influenced by stringent environmental policies, such as the European F-Gas Regulation and the Kigali Amendment, which phase down HFCs, pushing demand toward lower-GWP alternatives. However, its stability, non-flammability, and efficiency in high-temperature applications sustain its use in niche sectors, particularly where newer, more eco-friendly refrigerants are not yet viable replacements. Growth in ORC systems for waste heat recovery and geothermal energy applications further supports demand, though long-term adoption may decline as natural refrigerants (e.g., hydrocarbons, CO2) and next-generation synthetic options gain traction. The Asia-Pacific region, led by China and India, remains a key consumer due to expanding industrial and construction activities, while North America and Europe focus on phasedown compliance and retrofit solutions. Pricing volatility, driven by supply constraints and regulatory shifts, adds complexity for stakeholders navigating this evolving market.

The global R245Fa Refrigerant market size was estimated at USD 1874.56 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 4.20% during the forecast period.

This report offers a comprehensive and in-depth analysis of the global R245Fa Refrigerant market, covering all critical facets from a broad macroeconomic overview to detailed micro-level insights. It examines market size, competitive landscape, emerging development trends, niche segments, key drivers and challenges, as well as conducts SWOT and value chain analyses.

The insights provided enable readers to understand the competitive dynamics within the industry and formulate effective strategies to enhance profitability and market positioning. Additionally, the report presents a clear framework for evaluating the current status and future outlook of business organizations operating in this sector.

A significant focus of this report lies in the competitive landscape of the global R245Fa Refrigerant market. It offers detailed profiles of major players, including their market shares, performance metrics, product portfolios, and operational status. This enables stakeholders to identify leading competitors and gain a nuanced understanding of market rivalry and structure.

In summary, this report serves as an essential resource for industry participants, investors, researchers, consultants, and business strategists, as well as anyone planning to enter or expand their presence in the R245Fa Refrigerant market.

Global R245Fa Refrigerant Market: Market Segmentation Analysis

This research report provides a detailed segmentation of the market by region (country), key manufacturers, product type, and application. Market segmentation divides the overall market into distinct subsets based on factors such as product categories, end-user industries, geographic locations, and other relevant criteria.

A clear understanding of these market segments enables decision-makers to tailor their product development, sales, and marketing strategies more effectively to meet the unique needs of each segment. Leveraging market segmentation insights can significantly enhance targeted approaches, optimize resource allocation, and accelerate product innovation cycles by aligning offerings with the specific demands of diverse customer groups.

Key Company

Honeywell

A-Gas

Linde Gas

Zibo Aofan Chemical

Shandong Shing Chemical

Zhejiang Juhua

Market Segmentation (by Type)

Purity 99%

Purity 99.5%

Other

Market Segmentation (by Application)

Commercial

Industrial

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the R245Fa Refrigerant Market

Overview of the regional outlook of the R245Fa Refrigerant Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 R245Fa Refrigerant Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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 capacity of each country in the world.

Chapter 9 shares the main producing countries of R245Fa Refrigerant, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

129 Pages
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of R245Fa Refrigerant
1.2 Key Market Segments
1.2.1 R245Fa Refrigerant Segment by Type
1.2.2 R245Fa Refrigerant Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 R245Fa Refrigerant Market Overview
2.1 Global Market Overview
2.1.1 Global R245Fa Refrigerant Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global R245Fa Refrigerant Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 R245Fa Refrigerant Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global R245Fa Refrigerant Product Life Cycle
3.3 Global R245Fa Refrigerant Sales by Manufacturers (2020-2025)
3.4 Global R245Fa Refrigerant Revenue Market Share by Manufacturers (2020-2025)
3.5 R245Fa Refrigerant Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global R245Fa Refrigerant Average Price by Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, and Product Types
3.8 R245Fa Refrigerant Market Competitive Situation and Trends
3.8.1 R245Fa Refrigerant Market Concentration Rate
3.8.2 Global 5 and 10 Largest R245Fa Refrigerant Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 R245Fa Refrigerant Industry Chain Analysis
4.1 R245Fa Refrigerant Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of R245Fa Refrigerant Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 PEST Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global R245Fa Refrigerant Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions and Their Impacts to R245Fa Refrigerant Market
5.7 ESG Ratings of Leading Companies
6 R245Fa Refrigerant Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global R245Fa Refrigerant Sales Market Share by Type (2020-2025)
6.3 Global R245Fa Refrigerant Market Size Market Share by Type (2020-2025)
6.4 Global R245Fa Refrigerant Price by Type (2020-2025)
7 R245Fa Refrigerant Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global R245Fa Refrigerant Market Sales by Application (2020-2025)
7.3 Global R245Fa Refrigerant Market Size (M USD) by Application (2020-2025)
7.4 Global R245Fa Refrigerant Sales Growth Rate by Application (2020-2025)
8 R245Fa Refrigerant Market Sales by Region
8.1 Global R245Fa Refrigerant Sales by Region
8.1.1 Global R245Fa Refrigerant Sales by Region
8.1.2 Global R245Fa Refrigerant Sales Market Share by Region
8.2 Global R245Fa Refrigerant Market Size by Region
8.2.1 Global R245Fa Refrigerant Market Size by Region
8.2.2 Global R245Fa Refrigerant Market Size Market Share by Region
8.3 North America
8.3.1 North America R245Fa Refrigerant Sales by Country
8.3.2 North America R245Fa Refrigerant Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe R245Fa Refrigerant Sales by Country
8.4.2 Europe R245Fa Refrigerant Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific R245Fa Refrigerant Sales by Region
8.5.2 Asia Pacific R245Fa Refrigerant Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America R245Fa Refrigerant Sales by Country
8.6.2 South America R245Fa Refrigerant Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa R245Fa Refrigerant Sales by Region
8.7.2 Middle East and Africa R245Fa Refrigerant Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 R245Fa Refrigerant Market Production by Region
9.1 Global Production of R245Fa Refrigerant by Region(2020-2025)
9.2 Global R245Fa Refrigerant Revenue Market Share by Region (2020-2025)
9.3 Global R245Fa Refrigerant Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America R245Fa Refrigerant Production
9.4.1 North America R245Fa Refrigerant Production Growth Rate (2020-2025)
9.4.2 North America R245Fa Refrigerant Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe R245Fa Refrigerant Production
9.5.1 Europe R245Fa Refrigerant Production Growth Rate (2020-2025)
9.5.2 Europe R245Fa Refrigerant Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan R245Fa Refrigerant Production (2020-2025)
9.6.1 Japan R245Fa Refrigerant Production Growth Rate (2020-2025)
9.6.2 Japan R245Fa Refrigerant Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China R245Fa Refrigerant Production (2020-2025)
9.7.1 China R245Fa Refrigerant Production Growth Rate (2020-2025)
9.7.2 China R245Fa Refrigerant Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Honeywell
10.1.1 Honeywell Basic Information
10.1.2 Honeywell R245Fa Refrigerant Product Overview
10.1.3 Honeywell R245Fa Refrigerant Product Market Performance
10.1.4 Honeywell Business Overview
10.1.5 Honeywell SWOT Analysis
10.1.6 Honeywell Recent Developments
10.2 A-Gas
10.2.1 A-Gas Basic Information
10.2.2 A-Gas R245Fa Refrigerant Product Overview
10.2.3 A-Gas R245Fa Refrigerant Product Market Performance
10.2.4 A-Gas Business Overview
10.2.5 A-Gas SWOT Analysis
10.2.6 A-Gas Recent Developments
10.3 Linde Gas
10.3.1 Linde Gas Basic Information
10.3.2 Linde Gas R245Fa Refrigerant Product Overview
10.3.3 Linde Gas R245Fa Refrigerant Product Market Performance
10.3.4 Linde Gas Business Overview
10.3.5 Linde Gas SWOT Analysis
10.3.6 Linde Gas Recent Developments
10.4 Zibo Aofan Chemical
10.4.1 Zibo Aofan Chemical Basic Information
10.4.2 Zibo Aofan Chemical R245Fa Refrigerant Product Overview
10.4.3 Zibo Aofan Chemical R245Fa Refrigerant Product Market Performance
10.4.4 Zibo Aofan Chemical Business Overview
10.4.5 Zibo Aofan Chemical Recent Developments
10.5 Shandong Shing Chemical
10.5.1 Shandong Shing Chemical Basic Information
10.5.2 Shandong Shing Chemical R245Fa Refrigerant Product Overview
10.5.3 Shandong Shing Chemical R245Fa Refrigerant Product Market Performance
10.5.4 Shandong Shing Chemical Business Overview
10.5.5 Shandong Shing Chemical Recent Developments
10.6 Zhejiang Juhua
10.6.1 Zhejiang Juhua Basic Information
10.6.2 Zhejiang Juhua R245Fa Refrigerant Product Overview
10.6.3 Zhejiang Juhua R245Fa Refrigerant Product Market Performance
10.6.4 Zhejiang Juhua Business Overview
10.6.5 Zhejiang Juhua Recent Developments
11 R245Fa Refrigerant Market Forecast by Region
11.1 Global R245Fa Refrigerant Market Size Forecast
11.2 Global R245Fa Refrigerant Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe R245Fa Refrigerant Market Size Forecast by Country
11.2.3 Asia Pacific R245Fa Refrigerant Market Size Forecast by Region
11.2.4 South America R245Fa Refrigerant Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of R245Fa Refrigerant by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global R245Fa Refrigerant Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of R245Fa Refrigerant by Type (2026-2033)
12.1.2 Global R245Fa Refrigerant Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of R245Fa Refrigerant by Type (2026-2033)
12.2 Global R245Fa Refrigerant Market Forecast by Application (2026-2033)
12.2.1 Global R245Fa Refrigerant Sales (K MT) Forecast by Application
12.2.2 Global R245Fa Refrigerant Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings
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