HFO Refrigerant Market Trends, Research Report, Growth, Opportunities, Forecast 2021-2027

The global HFO refrigerant market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). HFO refrigerant or Hydrofluoroolefins refrigerant is a new type of refrigerant that causes less global warming and is a replacement for HFC (hydrofluorocarbons). HFC is mostly found in domestic fridges and has a global warming potential of 1,000 times that of carbon dioxide.

HFC’s and CFCs (chlorofluorocarbons) are the fastest-growing greenhouse gases and increasing every year that is very harmful to the environment. Rising environmental concern is driving the growth of the HFO refrigerant market across the globe. It is a widely used refrigerant across the globe.

A full report of HFO Refrigerant Market is available at: https://www.omrglobal.com/industry-reports/hfo-refrigerant-market

However, some factors are restraining the growth of the market that includes the high cost involved in HFO. However, new advancements in refrigeration as in creating of blends, and the phase-out policy of HFC will eventually increase the consumption of HFO in the future and hence will drive the HFO industry growth during the forecast period.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Refrigerant Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Harp International Ltd., The LINDE Group, DuPont Inc., and Others.

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Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global HFO Refrigerant Market Report Segment

By Refrigerant Type

• R-1234YF
• R-1234ZE
• R-1234ZD

By Application

• Refrigeration
• Air-Conditioning

By End-User

• Domestic
• Commercial
• Transportation
• Industrial

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HFO Refrigerant Market– Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Climalife Groupe Dehon
• DuPont Inc.
• Gas Servei SA
• GTS SPA
• Honeywell International Inc.
• KPS Global
• Linde Plc
• Messer Canada Inc.
• The Chemours Co.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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