Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 77 Pages
Report ld: 4200673
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R-134A Refrigerant Market Size(US$)

CAGR 2025-2031
-7.6%
Market Size,2031
USD 68
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global R-134A Refrigerant market size was US$ 118 million in 2024 and is forecast to a readjusted size of US$ 68 million by 2031 with a CAGR of -7.6% during the forecast period 2025-2031.
1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12"s GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
The North America R-134A Refrigerant market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.
The global key manufacturers of R-134A Refrigerant include Daikin, Chemours, Arkema, Dongyue Group, Zhejiang Juhua, Mexichem, Meilan Chemical, Sanmei, Sinochem Group, Linde A.G., etc. In 2024, the global top five players occupied for a share approximately % in terms of revenue.
In North America, in terms of sales volume, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.
The global R-134A Refrigerant market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global R-134A Refrigerant market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, and by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales and revenue of R-134A Refrigerant in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region.
Chapter 3: Detailed analysis of R-134A Refrigerant manufacturers competitive landscape, sales, revenue, price, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the sales, revenue, price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Region analysis by company, by customer, by Type, by Application, sales, revenue, and price for each segment,
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, R-134A Refrigerant revenue, gross margin, and recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales channels analysis
Chapter 10: Introduces the market dynamics, 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 11: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 R-134A Refrigerant Product Scope
1.2 R-134A Refrigerant by Type
1.2.1 Global R-134A Refrigerant Sales by Type (2020 & 2024 & 2031)
1.2.2 OEM
1.2.3 Aftermarket
1.3 R-134A Refrigerant by Application
1.3.1 Global R-134A Refrigerant Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Household air conditioner
1.3.3 Automobile air-conditioning
1.3.4 Refrigeration Equipment
1.3.5 Other
1.4 Global R-134A Refrigerant Market Estimates and Forecasts (2020-2031)
1.4.1 Global R-134A Refrigerant Market Size in Value Growth Rate (2020-2031)
1.4.2 Global R-134A Refrigerant Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global R-134A Refrigerant Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global R-134A Refrigerant Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global R-134A Refrigerant Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global R-134A Refrigerant Sales Market Share by Region (2020-2025)
2.2.2 Global R-134A Refrigerant Revenue Market Share by Region (2020-2025)
2.3 Global R-134A Refrigerant Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global R-134A Refrigerant Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global R-134A Refrigerant Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America R-134A Refrigerant Market Size and Prospective (2020-2031)
2.4.2 Europe R-134A Refrigerant Market Size and Prospective (2020-2031)
2.4.3 China R-134A Refrigerant Market Size and Prospective (2020-2031)
2.4.4 Japan R-134A Refrigerant Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global R-134A Refrigerant Historic Market Review by Type (2020-2025)
3.1.1 Global R-134A Refrigerant Sales by Type (2020-2025)
3.1.2 Global R-134A Refrigerant Revenue by Type (2020-2025)
3.1.3 Global R-134A Refrigerant Price by Type (2020-2025)
3.2 Global R-134A Refrigerant Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global R-134A Refrigerant Sales Forecast by Type (2026-2031)
3.2.2 Global R-134A Refrigerant Revenue Forecast by Type (2026-2031)
3.2.3 Global R-134A Refrigerant Price Forecast by Type (2026-2031)
3.3 Different Types R-134A Refrigerant Representative Players
4 Global Market Size by Application
4.1 Global R-134A Refrigerant Historic Market Review by Application (2020-2025)
4.1.1 Global R-134A Refrigerant Sales by Application (2020-2025)
4.1.2 Global R-134A Refrigerant Revenue by Application (2020-2025)
4.1.3 Global R-134A Refrigerant Price by Application (2020-2025)
4.2 Global R-134A Refrigerant Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global R-134A Refrigerant Sales Forecast by Application (2026-2031)
4.2.2 Global R-134A Refrigerant Revenue Forecast by Application (2026-2031)
4.2.3 Global R-134A Refrigerant Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in R-134A Refrigerant Application
5 Competition Landscape by Players
5.1 Global R-134A Refrigerant Sales by Players (2020-2025)
5.2 Global Top R-134A Refrigerant Players by Revenue (2020-2025)
5.3 Global R-134A Refrigerant Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in R-134A Refrigerant as of 2024)
5.4 Global R-134A Refrigerant Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of R-134A Refrigerant, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of R-134A Refrigerant, Product Type & Application
5.7 Global Key Manufacturers of R-134A Refrigerant, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America R-134A Refrigerant Sales by Company
6.1.1.1 North America R-134A Refrigerant Sales by Company (2020-2025)
6.1.1.2 North America R-134A Refrigerant Revenue by Company (2020-2025)
6.1.2 North America R-134A Refrigerant Sales Breakdown by Type (2020-2025)
6.1.3 North America R-134A Refrigerant Sales Breakdown by Application (2020-2025)
6.1.4 North America R-134A Refrigerant Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe R-134A Refrigerant Sales by Company
6.2.1.1 Europe R-134A Refrigerant Sales by Company (2020-2025)
6.2.1.2 Europe R-134A Refrigerant Revenue by Company (2020-2025)
6.2.2 Europe R-134A Refrigerant Sales Breakdown by Type (2020-2025)
6.2.3 Europe R-134A Refrigerant Sales Breakdown by Application (2020-2025)
6.2.4 Europe R-134A Refrigerant Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China R-134A Refrigerant Sales by Company
6.3.1.1 China R-134A Refrigerant Sales by Company (2020-2025)
6.3.1.2 China R-134A Refrigerant Revenue by Company (2020-2025)
6.3.2 China R-134A Refrigerant Sales Breakdown by Type (2020-2025)
6.3.3 China R-134A Refrigerant Sales Breakdown by Application (2020-2025)
6.3.4 China R-134A Refrigerant Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan R-134A Refrigerant Sales by Company
6.4.1.1 Japan R-134A Refrigerant Sales by Company (2020-2025)
6.4.1.2 Japan R-134A Refrigerant Revenue by Company (2020-2025)
6.4.2 Japan R-134A Refrigerant Sales Breakdown by Type (2020-2025)
6.4.3 Japan R-134A Refrigerant Sales Breakdown by Application (2020-2025)
6.4.4 Japan R-134A Refrigerant Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Daikin
7.1.1 Daikin Company Information
7.1.2 Daikin Business Overview
7.1.3 Daikin R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Daikin R-134A Refrigerant Products Offered
7.1.5 Daikin Recent Development
7.2 Chemours
7.2.1 Chemours Company Information
7.2.2 Chemours Business Overview
7.2.3 Chemours R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Chemours R-134A Refrigerant Products Offered
7.2.5 Chemours Recent Development
7.3 Arkema
7.3.1 Arkema Company Information
7.3.2 Arkema Business Overview
7.3.3 Arkema R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Arkema R-134A Refrigerant Products Offered
7.3.5 Arkema Recent Development
7.4 Dongyue Group
7.4.1 Dongyue Group Company Information
7.4.2 Dongyue Group Business Overview
7.4.3 Dongyue Group R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Dongyue Group R-134A Refrigerant Products Offered
7.4.5 Dongyue Group Recent Development
7.5 Zhejiang Juhua
7.5.1 Zhejiang Juhua Company Information
7.5.2 Zhejiang Juhua Business Overview
7.5.3 Zhejiang Juhua R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Zhejiang Juhua R-134A Refrigerant Products Offered
7.5.5 Zhejiang Juhua Recent Development
7.6 Mexichem
7.6.1 Mexichem Company Information
7.6.2 Mexichem Business Overview
7.6.3 Mexichem R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Mexichem R-134A Refrigerant Products Offered
7.6.5 Mexichem Recent Development
7.7 Meilan Chemical
7.7.1 Meilan Chemical Company Information
7.7.2 Meilan Chemical Business Overview
7.7.3 Meilan Chemical R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Meilan Chemical R-134A Refrigerant Products Offered
7.7.5 Meilan Chemical Recent Development
7.8 Sanmei
7.8.1 Sanmei Company Information
7.8.2 Sanmei Business Overview
7.8.3 Sanmei R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Sanmei R-134A Refrigerant Products Offered
7.8.5 Sanmei Recent Development
7.9 Sinochem Group
7.9.1 Sinochem Group Company Information
7.9.2 Sinochem Group Business Overview
7.9.3 Sinochem Group R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Sinochem Group R-134A Refrigerant Products Offered
7.9.5 Sinochem Group Recent Development
7.10 Linde A.G.
7.10.1 Linde A.G. Company Information
7.10.2 Linde A.G. Business Overview
7.10.3 Linde A.G. R-134A Refrigerant Sales, Revenue and Gross Margin (2020-2025)
7.10.4 Linde A.G. R-134A Refrigerant Products Offered
7.10.5 Linde A.G. Recent Development
8 R-134A Refrigerant Manufacturing Cost Analysis
8.1 R-134A Refrigerant Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of R-134A Refrigerant
8.4 R-134A Refrigerant Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 R-134A Refrigerant Distributors List
9.3 R-134A Refrigerant Customers
10 R-134A Refrigerant Market Dynamics
10.1 R-134A Refrigerant Industry Trends
10.2 R-134A Refrigerant Market Drivers
10.3 R-134A Refrigerant Market Challenges
10.4 R-134A Refrigerant Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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The global R-134A Refrigerant market is projected to grow from US$ 118 million in 2024 to US$ 68 million by 2031, at a CAGR of -7.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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1,1,1,2-Tetrafluoroethane (also known as norflurane (INN), R-134a, Freon 134a, Forane 134a, Genetron 134a, Florasol 134a, Suva 134a, or HFC-134a) is a hydrofluorocarbon (HFC) and haloalkane refrigerant with thermodynamic properties similar to R-12 (dichlorodifluoromethane) but with insignificant ozone depletion potential and a significantly lower global warming potential (1,430, compared to R-12's GWP of 10,900). It has the formula CF3CH2F and a boiling point of −26.3 °C (−15.34 °F) at atmospheric pressure. R-134a cylinders are colored light blue. Attempts at phasing out its use as a refrigerant with substances that have lower global warming potential, such as HFO-1234yf, are underway.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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