Global HFC Refrigerant Supply, Demand and Key Producers, 2026-2032
Description
The global HFC Refrigerant market size is expected to reach $ 2165 million by 2032, rising at a market growth of -5.3% CAGR during the forecast period (2026-2032).
Refrigerants are generally in the fluid form and are used in a heat pump or refrigeration process. They primarily are of three types: Chlorofluorocarbons (CFC), Hydro chlorofluorocarbons (HCFC), and Hydro-fluorocarbons (HFC). All these types are believed to be hazardous to environment. HFCs are third generation of CFCs which do not deplete ozone layer, but are potentially greenhouse gases.
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.
In general, HFCs are relatively nonflammable, chemically stable, and nonreactive. Many are colorless, odorless gases, but some—such as HFC-365mfc (1, 1, 1, 3, 3-pentafluorobutane)—are liquids at room temperature. As refrigerants, HFCs are used in a wide variety of cooling systems, from refrigerators and freezers to automotive air-conditioning units. HFCs are also used as blowing agents in the production of polymer foams; as firefighting agents (having replaced halons); as solvents in cleaning products for plastics and metals and in plasma etching for semiconductor technology; and as propellants in metered-dose inhalers prescribed for the treatment of asthma.
The most popular hydro-fluorocarbon (HFC) refrigerants for new commercial Air Conditioner systems include R-410A and R-134a.
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 35%. And in terms of application, the largest application is air conditioner, followed by automotive air conditioner.
This report studies the global HFC Refrigerant production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for HFC Refrigerant and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of HFC Refrigerant that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global HFC Refrigerant total production and demand, 2021-2032, (K MT)
Global HFC Refrigerant total production value, 2021-2032, (USD Million)
Global HFC Refrigerant production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global HFC Refrigerant consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: HFC Refrigerant domestic production, consumption, key domestic manufacturers and share
Global HFC Refrigerant production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global HFC Refrigerant production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global HFC Refrigerant production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global HFC Refrigerant market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Orbia, Zhejiang Juhua, Chemours, Arkema, Sanmei, Daikin, Honeywell, Dongyue Group, Sinochem Group, Meilan Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HFC Refrigerant market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global HFC Refrigerant Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global HFC Refrigerant Market, Segmentation by Type:
R-32
R-134a
R-410A
Others
Global HFC Refrigerant Market, Segmentation by Application:
Air Condition
Automotive Air Conditioner
Refrigerator
Others
Companies Profiled:
Orbia
Zhejiang Juhua
Chemours
Arkema
Sanmei
Daikin
Honeywell
Dongyue Group
Sinochem Group
Meilan Chemical
Linde
Key Questions Answered:
1. How big is the global HFC Refrigerant market?
2. What is the demand of the global HFC Refrigerant market?
3. What is the year over year growth of the global HFC Refrigerant market?
4. What is the production and production value of the global HFC Refrigerant market?
5. Who are the key producers in the global HFC Refrigerant market?
6. What are the growth factors driving the market demand?
Refrigerants are generally in the fluid form and are used in a heat pump or refrigeration process. They primarily are of three types: Chlorofluorocarbons (CFC), Hydro chlorofluorocarbons (HCFC), and Hydro-fluorocarbons (HFC). All these types are believed to be hazardous to environment. HFCs are third generation of CFCs which do not deplete ozone layer, but are potentially greenhouse gases.
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.
In general, HFCs are relatively nonflammable, chemically stable, and nonreactive. Many are colorless, odorless gases, but some—such as HFC-365mfc (1, 1, 1, 3, 3-pentafluorobutane)—are liquids at room temperature. As refrigerants, HFCs are used in a wide variety of cooling systems, from refrigerators and freezers to automotive air-conditioning units. HFCs are also used as blowing agents in the production of polymer foams; as firefighting agents (having replaced halons); as solvents in cleaning products for plastics and metals and in plasma etching for semiconductor technology; and as propellants in metered-dose inhalers prescribed for the treatment of asthma.
The most popular hydro-fluorocarbon (HFC) refrigerants for new commercial Air Conditioner systems include R-410A and R-134a.
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 35%. And in terms of application, the largest application is air conditioner, followed by automotive air conditioner.
This report studies the global HFC Refrigerant production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for HFC Refrigerant and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of HFC Refrigerant that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global HFC Refrigerant total production and demand, 2021-2032, (K MT)
Global HFC Refrigerant total production value, 2021-2032, (USD Million)
Global HFC Refrigerant production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)
Global HFC Refrigerant consumption by region & country, CAGR, 2021-2032 & (K MT)
U.S. VS China: HFC Refrigerant domestic production, consumption, key domestic manufacturers and share
Global HFC Refrigerant production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)
Global HFC Refrigerant production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
Global HFC Refrigerant production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)
This report profiles key players in the global HFC Refrigerant market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Orbia, Zhejiang Juhua, Chemours, Arkema, Sanmei, Daikin, Honeywell, Dongyue Group, Sinochem Group, Meilan Chemical, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World HFC Refrigerant market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global HFC Refrigerant Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global HFC Refrigerant Market, Segmentation by Type:
R-32
R-134a
R-410A
Others
Global HFC Refrigerant Market, Segmentation by Application:
Air Condition
Automotive Air Conditioner
Refrigerator
Others
Companies Profiled:
Orbia
Zhejiang Juhua
Chemours
Arkema
Sanmei
Daikin
Honeywell
Dongyue Group
Sinochem Group
Meilan Chemical
Linde
Key Questions Answered:
1. How big is the global HFC Refrigerant market?
2. What is the demand of the global HFC Refrigerant market?
3. What is the year over year growth of the global HFC Refrigerant market?
4. What is the production and production value of the global HFC Refrigerant market?
5. Who are the key producers in the global HFC Refrigerant market?
6. What are the growth factors driving the market demand?
Table of Contents
123 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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