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HFO-1234yf Market Size 2019 Global Industry Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2024

04-17-2019 04:08 PM CET | Energy & Environment

Press release from: researchmoz.us

HFO-1234yf Market Size 2019 Global Industry Share, Growth,

HFO-1234yf Market (5 Year Forecast 2019-2025) report provides market Overview, Classification, Industry Value, Price, Cost and Gross Profit.  It also offers in-intensity insight of the HFO-1234yf industry masking all vital parameters along with Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, New Challenge Feasibility Evaluation, HFO-1234yf market Share via Region, Analysis and Guidelines on New mission Investment. HFO-1234yf industry report also provides previous 5 Year History with a basic summary of the business together with definitions, classifications, applications and business chain structure.

Free Sample PDF (including TOC, Tables and Figures) of HFO-1234yf Market@ https://www.researchmoz.us/enquiry.php?type=S&repid=2119909  

Instant of HFO-1234yf Market: HFO-1234yf has cooling properties that are similar to R134a, which has been used as an automotive refrigerant. HFO-1234yf, has a global-warming potential (GWP) four times lower than previously calculated – below that of carbon dioxide. Europe regulations call for low-GWP refrigerant in all new vehicles in 2017.

HFO-1234yf market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including:

•Honeywell
•Chemours

Market Segment by Type, HFO-1234yf market report displays the manufacture, profits, value, and market segment and growth rate of each type, covers: 

•Automotive Air Conditioning
• Domestic Refrigeration

Market Segment by Applications, HFO-1234yf market report focuses on the position and outlook for major applications/end users, sales size, market share and growth rate for each application, this can be divided into: 

•Personal
• Commerical

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert@ https://www.researchmoz.us/enquiry.php?type=E&repid=2119909

Scope of HFO-1234yf Market: HFC-1234yf is a refrigerant with zero ozone layer depletion and very low global warming potential (GWP). Europe regulations call for low-GWP refrigerant in all new vehicles in 2017. In 2016, the global HFO-1234yf consumption market is led by Europe, capturing about 61.89% of global HFO-1234yf sales. The U.S. EPA greenhouse gas regulation set standards based on a presumed across-the-board conversion between 2017 and 2022. North America is the second-largest region-wise market with 27.41% global consumption share in 2016.Honeywell and DuPont have actually used to produce R-1234yf at industrial scale. R-1234yf is the ideal substitutes for R134a refrigerant. DuPont has completed the separation of its Performance Chemicals segment through the spin-off of The Chemours Company (Chemours). Now Chemours is in charge of HFC-1234yf business.HFC-1234yf is monopoly by Honeywell and Chemours. They licensed its proprietary process technologies to produce the HFC-1234yf to manufacturers in China, Japan. Such as, China Juhua will make Solstice yf in China for Honeywell, which in turn will market and sell the refrigerant to customers in Europe and USA.In global market, Honeywell is the global leader, which has started commercial operations at its new manufacturing plant in Geismar, La., to meet the growing global demand for its next-generation mobile air conditioning refrigerant. With this start-up, the plant has become the world's largest site for producing HFO-1234yf, sold commercially as Solstice® yf.The production of HFO-1234yf increases from 3950 MT in 2012 to 10571 MT in 2016, at a CAGR of more than 27.90%. Honeywell is the world leader, holding 54.61% production market share and Chemours holding about 45.39% in 2016.In application, HFO-1234yf downstream is wide and recently HFO-1234yf has acquired increasing significance in various fields of automotive air conditioning and domestic refrigeration. Globally, the HFO-1234yf market is mainly driven by growing demand for automotive air conditioning which accounts for nearly 98.38% of total downstream consumption of HFO-1234yf in global.In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, HFO-1234yf production will show a trend of steady growth. In 2023 the production of HFO-1234yf is estimated to be 33966 MT. The worldwide market for HFO-1234yf is expected to grow at a CAGR of roughly 6.0% over the next five years, will reach 6370 million US$ in 2024, from 4490 million US$ in 2019, according to a new GIR (Global Info Research) study.This report focuses on the HFO-1234yf 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.

HFO-1234yf Market Production, Sales and Consumption analysis

This part analyse the global capacity, production, capacity utilization rate, ex-factory price, revenue, cost, gross and gross margin. Sale of HFO-1234yf is analysed with sales volume, sales price and sales revenue. Consumption of HFO-1234yf Market in global market is provided in the report. Further, HFO-1234yf market report also analyse the performance of major manufactures with market share. Moreover, regional markets are compared for production, sales volume and consumption volume.

Key Player Maping

The HFO-1234yf market report examines product specification, major segments in focus, geographic focus, production capacity, production, sales performance of key players in market which gives you deep understanding of competitive scenario of HFO-1234yf market. It reveals your competitive advantages and helps you decide corporate strategy.

New Project Investment Feasibility

Further, HFO-1234yf market report provides meticulous analysis of new projects. The SWOT and investment feasibly are analysed. This analysis presents the clear picture of market situations for investors and business consultants.

To Get Discount of HFO-1234yf Market: https://www.researchmoz.us/global-hfo-1234yf-market-2019-by-manufacturers-regions-type-and-application-forecast-to-2024-report.html

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