Global HCFC Refrigerant Market 2022-2028

Description

List of Tables

Global HCFC Refrigerant Market Size, Share & Trends Analysis Report by Refrigerant Type (R-22, R-124, and R-142B), by Blend Type (R-401A, R-401B, R-401C, and Others), and by Application (Refrigeration and Air Conditioning)Forecast Period (2022-2028)

The global HCFC refrigerantmarket is anticipated to grow at a substantial CAGR of 4.1% during the forecast period. R-22 is an HCFC refrigerant that is frequently utilized in air conditioning and cooling hardware. There have been several initiatives taken by the governments globally to reduce the utilization of HCFC, to control ozone depletion.However, several factors are restraining the market such as an increase in the global warming potential (GWP), depletion of the ozone layer, choices for the refrigerant, and factors such as government rules and regulations.

The global HCFC refrigerant market is segmented based on refrigerant type, blend type, and application. Based on the refrigerant type, the market is segmented into R-22, R-124, and R-142B. Based on the blend type, the market is sub-segmented into R-401A, R-401B, R-401C, and Others. Based on the application, the market is divided into refrigeration and air conditioning. Further, refrigeration is divided into domestic, commercial, transportation, and industrial. Air conditioning is further segmented into domestic, commercial, transportation, industrial, and others (stationary air conditioning and mobile air conditioning). The above-mentioned segments can be customized as per the requirements.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The North American region is expected to be the fastest-growing region in the market over the forecast period. Several factors are motivating the HCFC refrigerant in the region such as demand for the consumer products, such as air conditioning and refrigerators,and their service and maintenance arefueling the market growth.

The major companies serving the global HCFC refrigerantmarket include Daikin Industries, Ltd., Honeywell International Inc., Jiangsu Bluestar Green Technology Co., Ltd, Jiangsu Meilan Chemical Co., Ltd., Koura, Linde Plc, Navin Fluorine International Ltd., Quimobasicos S.A De C.V., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers andacquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Danfoss Industries opened its new Centre of Excellence for green refrigerants at its state-of-the-art facility in Chennai to provide sustainable solutions in India's cold chain sector. The new Centre will encourage sustainable development and the use of low-GWP (global warming potential) refrigerants.

Research Methodology

The market study of the global HCFC refrigerantmarket is incorporated by extensive primary and secondary research conducted by the research team at OMR.Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size, andintended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global HCFC Refrigerant Market Research and Analysis by Type.

2. Global HCFC Refrigerant Market Research and Analysis by Blend Type.

3. Global HCFC Refrigerant Market Research and Analysis by Application.

The Report Covers

Comprehensive research methodology of the global HCFC refrigerantmarket.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global HCFC refrigerant market.
Insights about market determinants that are stimulating the global HCFC refrigerantmarket.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2017208

Category- Chemical and Material

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global HCFC Refrigerant Market
Recovery Scenario of Global HCFC Refrigerant Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. ByRegion

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global HCFC Refrigerant Market by Refrigerant Type
- 4.1.1. R-22
- 4.1.2. R-124
- 4.1.3. R-142B
4.2. Global HCFC Refrigerant Market by Blend Type
- 4.2.1. R-401A
- 4.2.2. R-401B
- 4.2.3. R-401C
- 4.2.4. Others
4.3. Global HCFC Refrigerant Market by Application
- 4.3.1. Refrigeration
  - 4.3.1.1. Domestic
  - 4.3.1.2. Commercial
  - 4.3.1.3. Transportation
  - 4.3.1.4. Industrial
- 4.3.2. Air Conditioning
  - 4.3.2.1. Domestic
  - 4.3.2.2. Commercial
  - 4.3.2.3. Transportation
  - 4.3.2.4. Industrial
  - 4.3.2.5. Others (Stationary Air Conditioning, Mobile Air Conditioning)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Arkema S.A.
6.2. Changshu 3F Zhonghao New Chemical Materials Co., Ltd.
6.3. Chemours
6.4. Daikin Industries, Ltd.
6.5. Dongyue Group
6.6. Foam Supplies, Inc.
6.7. Gujarat Fluorochemicals Ltd.
6.8. Harp International Ltd.
6.9. Honeywell International Inc.
6.10. Jiangsu Bluestar Green Technology Co., Ltd.
6.11. Jiangsu Meilan Chemical Co., Ltd.
6.12. Koura
6.13. Linde Plc
6.14. National Refrigerants, Inc.
6.15. Navin Fluorine International Ltd.
6.16. QuimobasicosS.A De C.V.
6.17. SCHARR CPC GmbH
6.18. Shandong Yue'an Chemical Co., Ltd.
6.19. Sinochem Group
6.20. SRF Ltd.
6.21. Yingpeng Chemical Co. Ltd.
6.22. ZhengjiangYonghe Refrigerant Co. Ltd.