Global HFC Refrigerant Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024
- 115 Pages
- Region: Global
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.
Scope of the Report:
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 worldwide market for HFC Refrigerant is expected to grow at a CAGR of roughly -4.2% over the next five years, will reach 2930 million US$ in 2024, from 3790 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the HFC Refrigerant in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Automotive Air Conditioner
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe HFC Refrigerant product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of HFC Refrigerant, with price, sales, revenue and global market share of HFC Refrigerant in 2017 and 2018.
Chapter 3, the HFC Refrigerant competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HFC Refrigerant breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, HFC Refrigerant market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe HFC Refrigerant sales channel, distributors, customers, research findings and conclusion, appendix and data source.