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HFO-1234yf-Global Market Insights and Sales Trends 2025
Synopsis
HFO-1234yf is a refrigerant that has a different chemical composition than traditional refrigerants used in automotive air conditioning. It is considered a hydrofluoro-olefin refrigerant.
The global HFO-1234yf market size is expected to reach US$ 2983.7 million by 2029, growing at a CAGR of 15.8% from 2023 to 2029. The market is mainly driven by the significant applications of HFO-1234yf in various end use industries. The expanding demands from the Personal, Commercial and Others,, are propelling HFO-1234yf market. Automotive Air Conditioning, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Domestic Refrigeration segment is estimated at % CAGR for the next seven-year period.
Global key manufacturers of HFO-1234yf include Honeywell, Chemours and others. The top two producers together account for more than 99% of the market share, with the largest producer being Honeywell with 57%. The global origins are mainly located in North America and China, and North America is the largest production region, with a share of 63%. In terms of product categories, automotive air conditioning has the largest market share, with a share of about 99%, while domestic refrigeration accounts for only 1%. In terms of applications, personal use is the top application area with a market share of 87%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HFO-1234yf, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HFO-1234yf market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HFO-1234yf market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HFO-1234yf sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HFO-1234yf covered in this report include Honeywell and Chemours etc.
The global HFO-1234yf market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell
Chemours
Global HFO-1234yf market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HFO-1234yf market, Segment by Type:
Automotive Air Conditioning
Domestic Refrigeration
Global HFO-1234yf market, by Application
Personal
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HFO-1234yf manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HFO-1234yf in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
HFO-1234yf is a refrigerant that has a different chemical composition than traditional refrigerants used in automotive air conditioning. It is considered a hydrofluoro-olefin refrigerant.
The global HFO-1234yf market size is expected to reach US$ 2983.7 million by 2029, growing at a CAGR of 15.8% from 2023 to 2029. The market is mainly driven by the significant applications of HFO-1234yf in various end use industries. The expanding demands from the Personal, Commercial and Others,, are propelling HFO-1234yf market. Automotive Air Conditioning, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Domestic Refrigeration segment is estimated at % CAGR for the next seven-year period.
Global key manufacturers of HFO-1234yf include Honeywell, Chemours and others. The top two producers together account for more than 99% of the market share, with the largest producer being Honeywell with 57%. The global origins are mainly located in North America and China, and North America is the largest production region, with a share of 63%. In terms of product categories, automotive air conditioning has the largest market share, with a share of about 99%, while domestic refrigeration accounts for only 1%. In terms of applications, personal use is the top application area with a market share of 87%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for HFO-1234yf, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global HFO-1234yf market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global HFO-1234yf market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, HFO-1234yf sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of HFO-1234yf covered in this report include Honeywell and Chemours etc.
The global HFO-1234yf market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell
Chemours
Global HFO-1234yf market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global HFO-1234yf market, Segment by Type:
Automotive Air Conditioning
Domestic Refrigeration
Global HFO-1234yf market, by Application
Personal
Commercial
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of HFO-1234yf manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of HFO-1234yf in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 HFO-1234yf Market Overview
1.1 HFO-1234yf Product Overview
1.2 HFO-1234yf Market Segment by Type
1.2.1 Automotive Air Conditioning
1.2.2 Domestic Refrigeration
1.3 Global HFO-1234yf Market Size by Type
1.3.1 Global HFO-1234yf Market Size Overview by Type (2018-2029)
1.3.2 Global HFO-1234yf Historic Market Size Review by Type (2018-2023)
1.3.3 Global HFO-1234yf Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America HFO-1234yf Sales Breakdown by Type (2018-2023)
1.4.2 Europe HFO-1234yf Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific HFO-1234yf Sales Breakdown by Type (2018-2023)
1.4.4 Latin America HFO-1234yf Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa HFO-1234yf Sales Breakdown by Type (2018-2023)
2 Global HFO-1234yf Market Competition by Company
2.1 Global Top Players by HFO-1234yf Sales (2018-2023)
2.2 Global Top Players by HFO-1234yf Revenue (2018-2023)
2.3 Global Top Players by HFO-1234yf Price (2018-2023)
2.4 Global Top Manufacturers HFO-1234yf Manufacturing Base Distribution, Sales Area, Product Type
2.5 HFO-1234yf Market Competitive Situation and Trends
2.5.1 HFO-1234yf Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by HFO-1234yf Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in HFO-1234yf as of 2022)
2.7 Date of Key Manufacturers Enter into HFO-1234yf Market
2.8 Key Manufacturers HFO-1234yf Product Offered
2.9 Mergers & Acquisitions, Expansion
3 HFO-1234yf Status and Outlook by Region
3.1 Global HFO-1234yf Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global HFO-1234yf Historic Market Size by Region
3.2.1 Global HFO-1234yf Sales in Volume by Region (2018-2023)
3.2.2 Global HFO-1234yf Sales in Value by Region (2018-2023)
3.2.3 Global HFO-1234yf Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global HFO-1234yf Forecasted Market Size by Region
3.3.1 Global HFO-1234yf Sales in Volume by Region (2024-2029)
3.3.2 Global HFO-1234yf Sales in Value by Region (2024-2029)
3.3.3 Global HFO-1234yf Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global HFO-1234yf by Application
4.1 HFO-1234yf Market Segment by Application
4.1.1 Personal
4.1.2 Commercial
4.1.3 Others
4.2 Global HFO-1234yf Market Size by Application
4.2.1 Global HFO-1234yf Market Size Overview by Application (2018-2029)
4.2.2 Global HFO-1234yf Historic Market Size Review by Application (2018-2023)
4.2.3 Global HFO-1234yf Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America HFO-1234yf Sales Breakdown by Application (2018-2023)
4.3.2 Europe HFO-1234yf Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific HFO-1234yf Sales Breakdown by Application (2018-2023)
4.3.4 Latin America HFO-1234yf Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa HFO-1234yf Sales Breakdown by Application (2018-2023)
5 North America HFO-1234yf by Country
5.1 North America HFO-1234yf Historic Market Size by Country
5.1.1 North America HFO-1234yf Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America HFO-1234yf Sales in Volume by Country (2018-2023)
5.1.3 North America HFO-1234yf Sales in Value by Country (2018-2023)
5.2 North America HFO-1234yf Forecasted Market Size by Country
5.2.1 North America HFO-1234yf Sales in Volume by Country (2024-2029)
5.2.2 North America HFO-1234yf Sales in Value by Country (2024-2029)
6 Europe HFO-1234yf by Country
6.1 Europe HFO-1234yf Historic Market Size by Country
6.1.1 Europe HFO-1234yf Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe HFO-1234yf Sales in Volume by Country (2018-2023)
6.1.3 Europe HFO-1234yf Sales in Value by Country (2018-2023)
6.2 Europe HFO-1234yf Forecasted Market Size by Country
6.2.1 Europe HFO-1234yf Sales in Volume by Country (2024-2029)
6.2.2 Europe HFO-1234yf Sales in Value by Country (2024-2029)
7 Asia-Pacific HFO-1234yf by Region
7.1 Asia-Pacific HFO-1234yf Historic Market Size by Region
7.1.1 Asia-Pacific HFO-1234yf Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific HFO-1234yf Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific HFO-1234yf Sales in Value by Region (2018-2023)
7.2 Asia-Pacific HFO-1234yf Forecasted Market Size by Region
7.2.1 Asia-Pacific HFO-1234yf Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific HFO-1234yf Sales in Value by Region (2024-2029)
8 Latin America HFO-1234yf by Country
8.1 Latin America HFO-1234yf Historic Market Size by Country
8.1.1 Latin America HFO-1234yf Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America HFO-1234yf Sales in Volume by Country (2018-2023)
8.1.3 Latin America HFO-1234yf Sales in Value by Country (2018-2023)
8.2 Latin America HFO-1234yf Forecasted Market Size by Country
8.2.1 Latin America HFO-1234yf Sales in Volume by Country (2024-2029)
8.2.2 Latin America HFO-1234yf Sales in Value by Country (2024-2029)
9 Middle East and Africa HFO-1234yf by Country
9.1 Middle East and Africa HFO-1234yf Historic Market Size by Country
9.1.1 Middle East and Africa HFO-1234yf Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa HFO-1234yf Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa HFO-1234yf Sales in Value by Country (2018-2023)
9.2 Middle East and Africa HFO-1234yf Forecasted Market Size by Country
9.2.1 Middle East and Africa HFO-1234yf Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa HFO-1234yf Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Honeywell
10.1.1 Honeywell Company Information
10.1.2 Honeywell Introduction and Business Overview
10.1.3 Honeywell HFO-1234yf Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Honeywell HFO-1234yf Products Offered
10.1.5 Honeywell Recent Development
10.2 Chemours
10.2.1 Chemours Company Information
10.2.2 Chemours Introduction and Business Overview
10.2.3 Chemours HFO-1234yf Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Chemours HFO-1234yf Products Offered
10.2.5 Chemours Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 HFO-1234yf Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 HFO-1234yf Industrial Chain Analysis
11.4 HFO-1234yf Market Dynamics
11.4.1 HFO-1234yf Industry Trends
11.4.2 HFO-1234yf Market Drivers
11.4.3 HFO-1234yf Market Challenges
11.4.4 HFO-1234yf Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 HFO-1234yf Distributors
12.3 HFO-1234yf Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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