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Global HFC Refrigerant Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2019-04-13   |   Pages: 133   |   Tables: 163   | Report Id: 1088426   | Hits: 16 |   Chemical & Material



Summary

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-chloro-fluorocarbons (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.

From the application perspective, the Air Conditioner market produced 679.9 K MT 2017 and is expected to reach 537.9 K MT by the end of 2023, growing at a CAGR of -3.83% between 2018 and 2023. The Automotive Air Conditioner market produced 391.7 K MT 2017 and is expected to reach 321.6 K MT by the end of 2023, growing at a CAGR of -3.23% between 2018 and 2023. The Refrigerator market produced 202.9 K MT 2017 and is expected to reach 170.4 K MT by the end of 2023, growing at a CAGR of -2.87% between 2018 and 2023. The others market produced 136.0 K MT 2017 and is expected to reach 112.2 K MT by the end of 2023, growing at a CAGR of -3.15% between 2018 and 2023.

Global HFC Refrigerant Market has experienced a rapid development in recent years. With the improving process and reducing cost, Global HFC Refrigerant price has been fluctuated in last five years. In the next few years, we tend to believe that this industry has a limited developing future due to the Montreal Protocol Kigali Amendment impacts. More substitute refrigerants are being invented and the HFCs phase-down plan will work soon.

The global HFC Refrigerant market was 3790 million US$ in 2018 and is expected to 2950 million US$ by the end of 2025, growing at a CAGR of -3.1% between 2019 and 2025.

This report studies the HFC Refrigerant market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of HFC Refrigerant in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Chemours

Arkema

Daikin

Mexichem

Honeywell

Linde

Zhejiang Juhua

Dongyue Group

Sanmei

Sinochem Group

Meilan Chemical

By the product type, the market is primarily split into

R-134a

R-410A

R-407C

Others

By the end users/application, this report covers the following segments

Air Conditioner

Automotive Air Conditioner

Refrigerator

Others

We can also provide the customized separate regional or country-level reports, for the following regions:

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Rest of Asia-Pacific

Europe

Germany

France

UK

Italy

Spain

Russia

Rest of Europe

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

Rest of Middle East & Africa

The study objectives of this report are:

To study and analyze the global HFC Refrigerant market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.

To understand the structure of HFC Refrigerant market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global HFC Refrigerant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the HFC Refrigerant with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of HFC Refrigerant submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of HFC Refrigerant are as follows:

History Year: 2014-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of HFC Refrigerant market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders

Raw material suppliers

Distributors/traders/wholesalers/suppliers

Regulatory bodies, including government agencies and NGO

Commercial research & development (R&D) institutions

Importers and exporters

Government organizations, research organizations, and consulting firms

Trade associations and industry bodies

End-use industries

Available Customizations

With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:

Further breakdown of HFC Refrigerant market on basis of the key contributing countries.

Detailed analysis and profiling of additional market players.

Licenses Type

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Multiple users can access the report

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