Business & Finance

Global HFC Refrigerant Market Insights, Forecast to 2025

Press Release

In this report, the Global HFC Refrigerant Market Insights, Forecast to 2025 market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. Global HFC Refrigerant Market Insights, Forecast to 2025 market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at

Crystal Market Reports

This report researches the worldwide HFC Refrigerant market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global HFC Refrigerant breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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 Earths 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.
The market in several growing economies of the Asia-Pacific and the Middle East & Africa is expected to witness high growth owing to the increasing spending power, growth in the infrastructure industry, and growth in the manufacture of consumer appliances. The growing food and healthcare industries are also driving the market as these industries require refrigerators for preserving drugs and food items. Moreover, increasing populations and rising consumption of frozen food are also contributing significantly to the growth of the refrigerants market in the Asia-Pacific. However, the market in the developed economies of Europe and North America is expected to witness slow growth due to changing trends regarding restrictions on the use of fluorocarbons under regulations of the Montreal Protocol.
The Asia-Pacific was the largest market for refrigerants in 2016, globally. Growing populations and infrastructural developments in the region have led to an increase in the use of refrigerants for various applications such as refrigerators and air conditioners. The high economic growth, followed by heavy investments in the consumer appliances industry drive the demand for refrigerants in the region. Furthermore, the growing populations and industry alliances are expected to support the growth of the refrigerants market in the region. The presence of large consumer appliances manufacturers such as Daikin (Japan), Samsung (South Korea), LG (South Korea), and Videocon Industries Limited (India) supports the growth of the refrigerants market in the region.
Global HFC Refrigerant market size will increase to 5960 Million US$ by 2025, from 4740 Million US$ in 2017, at a CAGR of 2.9% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for HFC Refrigerant.

This report focuses on the top manufacturers’ HFC Refrigerant capacity, production, value, price and market share of HFC Refrigerant in global market. The following manufacturers are covered in this report:
Dongyue Group
Zhejiang Juhua
Meilan Chemical

HFC Refrigerant Breakdown Data by Type
HFC Refrigerant Breakdown Data by Application
Air Condition
Automotive Air Conditioner

HFC Refrigerant Production Breakdown Data by Region
United States
Other Regions

HFC Refrigerant Consumption Breakdown Data by Region
North America
United States
South Korea
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
GCC Countries
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global HFC Refrigerant capacity, production, value, consumption, status and forecast;
To focus on the key HFC Refrigerant manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
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 :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Browse full research report at

Reasons to Buy This Research Report

  • Complete access to Global HFC Refrigerant Market Insights, Forecast to 2025 market size, growth rate and forecast to 2025
  • In-depth quantitative information on key regional Global HFC Refrigerant Market Insights, Forecast to 2025 markets including North America, Europe, MEA and Asia Pacific
  • Global HFC Refrigerant Market Insights, Forecast to 2025 Market estimates and forecasts for key products/applications on a regional basis
  • Facility to obtain country level information for complete Global HFC Refrigerant Market Insights, Forecast to 2025 market segmentation
  • Key trends, drivers and restraints for global Global HFC Refrigerant Market Insights, Forecast to 2025 market
  • Challenges to market growth for Global HFC Refrigerant Market Insights, Forecast to 2025 manufacturers
  • Key market opportunities of Global HFC Refrigerant Market Insights, Forecast to 2025 Industry

About Crystal Market Reports

Crystal Market Reports is a distributor of market research spanning 160 industries. Our extensive database consists of over 400,000 quality publications sourced from 400 plus publishers, this puts our research specialists in the unique position of been able to offer truly unbiased advice on what research provides the most valuable insights.

Contact Info.:-

Address: 90 State Street
Suite 700 Albany
New York 12207
Email: [email protected]

Related Articles