Global HFC (hydrofluorocarbon) Refrigerants Market Growth 2025-2031
Description
The global HFC (hydrofluorocarbon) Refrigerants market size is predicted to grow from US$ 3867 million in 2025 to US$ 4676 million in 2031; it is expected to grow at a CAGR of 3.2% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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-136a.
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 37%. And in terms of application, the largest application is air conditioner, followed by automotive air conditioner.
LP Information, Inc. (LPI) ' newest research report, the “HFC (hydrofluorocarbon) Refrigerants Industry Forecast” looks at past sales and reviews total world HFC (hydrofluorocarbon) Refrigerants sales in 2024, providing a comprehensive analysis by region and market sector of projected HFC (hydrofluorocarbon) Refrigerants sales for 2025 through 2031. With HFC (hydrofluorocarbon) Refrigerants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HFC (hydrofluorocarbon) Refrigerants industry.
This Insight Report provides a comprehensive analysis of the global HFC (hydrofluorocarbon) Refrigerants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HFC (hydrofluorocarbon) Refrigerants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HFC (hydrofluorocarbon) Refrigerants market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HFC (hydrofluorocarbon) Refrigerants and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HFC (hydrofluorocarbon) Refrigerants.
This report presents a comprehensive overview, market shares, and growth opportunities of HFC (hydrofluorocarbon) Refrigerants market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
R-410A Refrigerant
R-407C Refrigerant
R-404A Refrigerant
R-134a Refrigerant
R-32 Refrigerant
Others
Segmentation by Application:
Automobile Air Conditioner
Household Air Conditioner
Refrigerator
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Chemours(DuPont)
Honeywell
Mexichem
Arkema
Bluon Energy
ICOR International
Navin Fluorine International
JH
Sanmei
Sinochem Holdings
Key Questions Addressed in this Report
What is the 10-year outlook for the global HFC (hydrofluorocarbon) Refrigerants market?
What factors are driving HFC (hydrofluorocarbon) Refrigerants market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HFC (hydrofluorocarbon) Refrigerants market opportunities vary by end market size?
How does HFC (hydrofluorocarbon) Refrigerants break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
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-136a.
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 37%. And in terms of application, the largest application is air conditioner, followed by automotive air conditioner.
LP Information, Inc. (LPI) ' newest research report, the “HFC (hydrofluorocarbon) Refrigerants Industry Forecast” looks at past sales and reviews total world HFC (hydrofluorocarbon) Refrigerants sales in 2024, providing a comprehensive analysis by region and market sector of projected HFC (hydrofluorocarbon) Refrigerants sales for 2025 through 2031. With HFC (hydrofluorocarbon) Refrigerants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HFC (hydrofluorocarbon) Refrigerants industry.
This Insight Report provides a comprehensive analysis of the global HFC (hydrofluorocarbon) Refrigerants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HFC (hydrofluorocarbon) Refrigerants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HFC (hydrofluorocarbon) Refrigerants market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HFC (hydrofluorocarbon) Refrigerants and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HFC (hydrofluorocarbon) Refrigerants.
This report presents a comprehensive overview, market shares, and growth opportunities of HFC (hydrofluorocarbon) Refrigerants market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
R-410A Refrigerant
R-407C Refrigerant
R-404A Refrigerant
R-134a Refrigerant
R-32 Refrigerant
Others
Segmentation by Application:
Automobile Air Conditioner
Household Air Conditioner
Refrigerator
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Chemours(DuPont)
Honeywell
Mexichem
Arkema
Bluon Energy
ICOR International
Navin Fluorine International
JH
Sanmei
Sinochem Holdings
Key Questions Addressed in this Report
What is the 10-year outlook for the global HFC (hydrofluorocarbon) Refrigerants market?
What factors are driving HFC (hydrofluorocarbon) Refrigerants market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HFC (hydrofluorocarbon) Refrigerants market opportunities vary by end market size?
How does HFC (hydrofluorocarbon) Refrigerants break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
95 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for HFC (hydrofluorocarbon) Refrigerants by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for HFC (hydrofluorocarbon) Refrigerants by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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