Press release
Global Hydrofluoroolefins (HFO) Market is anticipated to exceed USD 4416.5 million by 2029, By SkyQuest Technology | Extensive use of HFO in foam blowing and automotive based air-conditioning systems is expected to drive the market
Hydrofluoroolefins (HFOs) are a combination of components such as fluorine, carbon compounds, and hydrogen that are structurally similar to hydrofluorocarbons (HFCs). Furthermore, HFCs are saturated compounds, whereas HFOs are unsaturated. HFOs have a very short atmospheric lifetime and are also important to specific environmental aids. HFO satisfies all of the European Union's REACH (regulation) requirements for the use and supply of chemicals. HFOs are the fourth generation of refrigerants; each generation has a step-change improvement over the previous generation. When compared to HFCs, HFO exhibits similar properties, but with very low ozone depletion potential (ODP) and global warming potential (GWPs).
Read the market research report, " The Global Hydrofluoroolefin (HFO) market is segmented based on type, application, end-user industry, and region. Based on the applications, the market is segmented into AC & Refrigeration, Foam Blowing Agents, Aerosol Propellants, Precision Solvent Cleaners, and Others. Based on the Type, the market is segmented into HFO-1234ze, HFO-1233zd, HFO-1234yf, and HFO-1336mzz. Based on the End-User Industry, the market is segmented into automobiles, construction, polymers & plastics, and others. Based on region the global Hydrofluoroolefin (HFO) market is segmented into North America, Europe, Asia-Pacific, South America, and MEA. - Forecast and Analysis 2022-2029" by SkyQuest.
Get Detailed Information Here: https://skyquestt.com/report/hydrofluoroolefin-market
Hydrofluoroolefins (HFO) have emerged as the next-generation standard in mobile air conditioning. The EU MAC Directive prohibits all new vehicle types from using a refrigerant with a global warming potential (GWP) greater than 150, which has increased demand for HFOs. Although the vast majority of automobile manufacturers in developed countries have switched to or plan to switch to HFO-1234yf, there is still some interest in other alternatives, particularly for heavy trucks and off-road vehicles. Furthermore, two German automakers (Audi and Daimler) have stated that they intend to use R-744 (carbon dioxide, GWP=1) as a coolant in a number of their larger vehicle models. In India, TATA Motors Limited (TML)/MAHLE/IGSD has received funding for a demonstration project of a secondary loop MAC (SL-MAC) system using either HFC-152a (GWP=138) or HFO-1234yf (GWP1).
Companies are heavily investing in R&D to overcome the challenges of using Hydrofluoroolefin (HFO) and to improve product quality. There are currently a limited number of HFO producers supplying the global market, which is driven by regulation and incentives, as well as the presence of production process patents. Patents on HFO application (use) held by a small number of manufacturers limit market competition and the ability of new players to enter. According to our research, the majority of these patents will expire after 2023, presenting a lucrative opportunity for new players to enter the global Hydrofluoroolefin market.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
Click Here to Download and Understand Latest Key Trends: https://skyquestt.com/sample-request/hydrofluoroolefin-market
What does this Report Deliver?
Market Estimation for 20+ Countries
Hydrofluoroolefins (HFO) Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country specific Hydrofluoroolefins (HFO) Market Trends
Comprehensive Mapping of Hydrofluoroolefins (HFO) Industry Parameters
Attractive Investment Proposition in the Global Hydrofluoroolefins (HFO) Industry
Competitive Strategies Adopted by Hydrofluoroolefins (HFO) Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Hydrofluoroolefins (HFO) Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Hydrofluoroolefins (HFO) market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Hydrofluoroolefins (HFO) Market Sales
Parent market analysis
Product portfolio benchmarking
Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/hydrofluoroolefin-market
SkyQuest has segmented the Global Hydrofluoroolefins (HFO) Market based on Type, Application, End-User Industry, and Region:
Hydrofluoroolefins (HFO) Market by Type (Revenue, USD million, 2021 - 2029)
HFO-1234ze
HFO-1233zd
HFO-1234yf
HFO-1336mzz
Hydrofluoroolefins (HFO) Market by Application (Revenue, USD million, 2021 - 2029)
AC & Refrigeration
Foam Blowing Agents
Aerosol Propellants
Precision Solvent Cleaners
Others
Hydrofluoroolefins (HFO) Market by End-User Industry (Revenue, USD million, 2021 - 2029)
Automobile
Construction
Polymers & Plastics
Others
Hydrofluoroolefins (HFO) Market by Region (Revenue, USD million, 2021 - 2029)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA
Our Stories on other channels:
Global Proximity Sensors Market: https://www.whatech.com/og/markets-research/transport/729649-the-global-proximity-sensors-market-size-is-expected-to-reach-a-value-of-us-4-18-billion-by-2028-by-skyquest-2022-2028
Global Industrial Racking Systems Market: https://www.whatech.com/og/markets-research/industrial/729338-the-global-industrial-racking-systems-market-described-in-a-new-report
Global Ammonium Nitrate Market: https://www.digitaljournal.com/pr/global-ammonium-nitrate-market-to-reach-usd-24-29-billion-by-2028/
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
Address:
1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Hydrofluoroolefins (HFO) Market is anticipated to exceed USD 4416.5 million by 2029, By SkyQuest Technology | Extensive use of HFO in foam blowing and automotive based air-conditioning systems is expected to drive the market here
News-ID: 2741282 • Views: …
More Releases from SkyQuest Technology
ATM Market Investment Outlook 2025-2032: Opportunities Across Value Chain
In recent years, the global ATM Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on ATM Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
Data Center Colocation Market Opportunities and Forecast 2025-2032: M&A, Partner …
In recent years, the global Data Center Colocation Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Data Center Colocation Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including…
Risk Analytics Market Intelligence Report 2025-2032: Business Models and Competi …
In recent years, the global Risk Analytics Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Risk Analytics Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five…
Warehouse Robotics Market Comprehensive Report 2025-2032: Key Segments and Growt …
In recent years, the global Warehouse Robotics Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Warehouse Robotics Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five…
More Releases for HFO
Prominent HFO- 1234YF Market Trend for 2025: Innovative Solutions For Environmen …
What industry-specific factors are fueling the growth of the hfo- 1234yf market?
The growing use of air conditioning is predicted to drive the expansion of the HFO 1234YF market in the future. Air conditioning involves the cooling and modification of air within a confined space to create a conducive atmosphere for the dwellers. This system, meant for controlling temperature, humidity, airflow, and air purity within any vehicle, primarily uses HFO-1234YF as…
Global HFO-1234yf Market Analysis | Valuates Reports
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.
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…
Hydrofluoroolefin (HFO) Market Sales and Revenue Report 2023-2032
Hydrofluoroolefins (HFOs) have emerged as a revolutionary solution in the field of refrigerants and blowing agents, primarily due to their low global warming potential (GWP) and ozone-friendly characteristics. As the world moves towards sustainable and environmentally friendly solutions, the HFO market is set for significant growth. This article delves into the competitive landscape, future growth prospects, opportunities, drivers, and restraints of the HFO market, along with insights into main market…
HFO-1234yf Market 2022 | Detailed Report
The HFO-1234yf research report studies primary and secondary research in order to analyze the data effectively. The market study further also draws attention to crucial industry factors such as global clients, potential customers, and sellers, which instigates positive company growth. In order to gauge the turning point of the businesses, significant market key players are also enlisted in order to deliver readers with in-depth analysis about industry strategies.
The HFO-1234yf report…
HFO Refrigerant Market Size, Share, Development by 2024
Global Info Research offers a latest published report on HFO Refrigerant Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/global-hfo-refrigerant-market_p130021.html
Scope of the Report:
The worldwide market for HFO…
Global HFO-1234yf Market 2018 - Honeywell, Chemours
Apex Market Reports, recently published a detailed market research study focused on the “HFO-1234yf Market” across the global, regional and country level. The report provides 360° analysis of “HFO-1234yf Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of HFO-1234yf on the basis of…
