Fluorohydrocarbon Market - Forecasts from 2025 to 2030

The fluorohydrocarbon market is expected to grow at a CAGR of 5.11%, reaching a market size of US$36.567 billion in 2030 from US$28.498 billion in 2025.

The increased use of fluorohydrocarbon in multiple sectors has created an increased demand for the substances. For instance, HFO-1234ze(E) is used for the heat pumps at a data center to provide cooling for the data center and utilize the waste heat. Further, the district heating and cooling systems use the fluorocarbon refrigerants HFCs and HFOs for improved energy efficiency and reduced GHG emissions. The heat pumps use HFC, HFC/HFO blends, and HFO for safety.

Other applications included in the manufacturing of semiconductors, use in magnesium casting, electronics manufacturing, etc. With the increased industrialization and manufacturing processes in the developing regions of Asia Pacific, Middle East, and Africa fluorochemicals are essential in meeting the rising production demands.

Fluorohydrocarbon market drivers

Increasing demand from semiconductor manufacturing

Semiconductor manufacturers use a variety of fluorohydrocarbon global warming-potential (GWP) gases to create intricate circuitry patterns upon silicon wafers and to rapidly clean chemical vapor deposition (CVD) tool chambers. The manufacture of high-volume and advanced semiconductors requires using fluorinated chemicals known as Per- and polyfluoroalkyl substances (PFAS). PFAS are used due to their low surface tension and compatibility with other chemicals. These perfluorocarbons are: CF4, C2F6 and C3F8, hydrofluorocarbons such as CHF3, CH3F and CH2F2, nitrogen trifluoride (NF3) and sulfur hexafluoride (SF6). As the application and demand for the semiconductor industries are growing, the need for the fluorohydrocarbon would also expand for the application.

Fluorohydrocarbon market geographical outlook

The Fluorohydrocarbon market is segmented into five regions worldwide

By geography, the fluorohydrocarbon market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. The major economies like China, Japan, India, and South Korea dominate the Asia-Pacific region. Some of the fastest-growing emerging economies are from this region, such as ASEAN countries.

The Asia Pacific region is expected to see the fastest growth in the fluorohydrocarbon market due to increasing applications in consumer electronics and the automobile sector here. In India, from 2022 to 2023, the export of white goods such as refrigerators, freezers, and other refrigerating equipment accounted for US$40.97 million.

North America is expected to have a significant share in the fluoro hydrocarbon market due to the production of refrigerants, aluminum, and others. U.S. semiconductor fab capacity would likely increase by 203% from 2022-2032, a tripling of U.S. capacity. These hikes in the industries would lead to the fluorohydrocarbon market expansion.

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Report Coverage:

Historical data & forecasts from 2022 to 2030
Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
Competitive Positioning, Strategies, and Market Share Analysis
Revenue Growth and Forecast Assessment of segments and regions including countries
Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The fluoro hydrocarbon market is segmented and analyzed as follows:

By Product

Fluorocarbons
HCFC
HFC And Others
Inorganic Chemicals
Fluoroelastomers
Others

By Application

Refrigerants
Aluminum Production
Blowing Agents
Others

By Geography

North America
USA
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Middle East and Africa
Saudi Arabia
UAE
Rest of the Middle East and Africa
Asia Pacific
China
India
Japan
South Korea
Taiwan
Thailand
Indonesia
Rest of Asia-Pacific