Press release
HFO-1234yf Market Expected to Exceed $3.37 Billion by 2030, Driven by Eco-Friendly Refrigerant Adoption
LOS ANGELES, United States: The global HFO-1234yf market report offers fine intelligence that prepares market players to compete well against their toughest competitors on the basis of growth, sales, and other vital factors. The research study lays emphasis on key growth opportunities and market trends apart from critical market dynamics including market drivers and challenges. With the help of this report, interested parties can equip themselves to adapt according to the changes in the HFO-1234yf industry and secure a strong market position for years to come. The report provides market development statistics, a list of select leading players, deep regional analysis, and a broad market segmentation study to give a complete understanding of the global HFO-1234yf market.The global HFO-1234yf market was valued at US$ 1235 million in 2023 and is anticipated to reach US$ 3368 million by 2030, witnessing a CAGR of 15.8% during the forecast period 2024-2030.
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Key Players Mentioned in the Global HFO-1234yf Market Research Report: Honeywell, Chemours, Hua'an, Huanxin Fluoro
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%.
Market Segmentation
Global HFO-1234yf Market, Segment by Type
Automotive Air Conditioning
Domestic Refrigeration
Global HFO-1234yf Market, Segment by Application
Personal
Commercial
Others
The report gives a broad explanation about the presence of the HFO-1234yf market in different regions and countries. With an extensive regional analysis of the HFO-1234yf market, the research analysts make an attempt to unveil hidden growth prospects available for players in different parts of the world. They accurately estimate market share, CAGR, production, consumption, price, revenue, and other crucial factors that indicate the growth of regional markets studied in the report. They also shed light on the presence of prominent players in regional markets, and how it is making a difference in the growth of the regional markets.
How can the research study help your business?
(1) The information presented in the HFO-1234yf report helps your decision makers to become prudent and make the best business choices.
(2) The report enables you to see the future of the global HFO-1234yf market and accordingly take decisions that will be in the best interest of your business.
(3) It offers you a forward-looking perspective of the global HFO-1234yf market drivers and how you can secure significant market gains in the near future.
(4) It provides SWOT analysis of the global HFO-1234yf market along with useful graphics and detailed statistics providing quick information about the market's overall progress throughout the forecast period.
(5) It also assesses the changing competitive dynamics of the global HFO-1234yf market using pin-point evaluation.
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Table of Content
1 HFO-1234yf Market Overview
1.1 Product Definition
1.2 HFO-1234yf by Type
1.2.1 Global HFO-1234yf Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Automotive Air Conditioning
1.2.3 Domestic Refrigeration
1.3 HFO-1234yf by Application
1.3.1 Global HFO-1234yf Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Personal
1.3.3 Commercial
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global HFO-1234yf Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global HFO-1234yf Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global HFO-1234yf Production Estimates and Forecasts (2019-2030)
1.4.4 Global HFO-1234yf Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global HFO-1234yf Production Market Share by Manufacturers (2019-2024)
2.2 Global HFO-1234yf Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of HFO-1234yf, Industry Ranking, 2022 VS 2023
2.4 Global HFO-1234yf Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global HFO-1234yf Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of HFO-1234yf, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of HFO-1234yf, Product Offered and Application
2.8 Global Key Manufacturers of HFO-1234yf, Date of Enter into This Industry
2.9 HFO-1234yf Market Competitive Situation and Trends
2.9.1 HFO-1234yf Market Concentration Rate
2.9.2 Global 5 and 10 Largest HFO-1234yf Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 HFO-1234yf Production by Region
3.1 Global HFO-1234yf Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global HFO-1234yf Production Value by Region (2019-2030)
3.2.1 Global HFO-1234yf Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of HFO-1234yf by Region (2025-2030)
3.3 Global HFO-1234yf Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global HFO-1234yf Production by Region (2019-2030)
3.4.1 Global HFO-1234yf Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of HFO-1234yf by Region (2025-2030)
3.5 Global HFO-1234yf Market Price Analysis by Region (2019-2024)
3.6 Global HFO-1234yf Production and Value, Year-over-Year Growth
3.6.1 North America HFO-1234yf Production Value Estimates and Forecasts (2019-2030)
3.6.2 China HFO-1234yf Production Value Estimates and Forecasts (2019-2030)
4 HFO-1234yf Consumption by Region
4.1 Global HFO-1234yf Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global HFO-1234yf Consumption by Region (2019-2030)
4.2.1 Global HFO-1234yf Consumption by Region (2019-2030)
4.2.2 Global HFO-1234yf Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America HFO-1234yf Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America HFO-1234yf Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe HFO-1234yf Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe HFO-1234yf Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific HFO-1234yf Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific HFO-1234yf Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa HFO-1234yf Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa HFO-1234yf Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global HFO-1234yf Production by Type (2019-2030)
5.1.1 Global HFO-1234yf Production by Type (2019-2024)
5.1.2 Global HFO-1234yf Production by Type (2025-2030)
5.1.3 Global HFO-1234yf Production Market Share by Type (2019-2030)
5.2 Global HFO-1234yf Production Value by Type (2019-2030)
5.2.1 Global HFO-1234yf Production Value by Type (2019-2024)
5.2.2 Global HFO-1234yf Production Value by Type (2025-2030)
5.2.3 Global HFO-1234yf Production Value Market Share by Type (2019-2030)
5.3 Global HFO-1234yf Price by Type (2019-2030)
6 Segment by Application
6.1 Global HFO-1234yf Production by Application (2019-2030)
6.1.1 Global HFO-1234yf Production by Application (2019-2024)
6.1.2 Global HFO-1234yf Production by Application (2025-2030)
6.1.3 Global HFO-1234yf Production Market Share by Application (2019-2030)
6.2 Global HFO-1234yf Production Value by Application (2019-2030)
6.2.1 Global HFO-1234yf Production Value by Application (2019-2024)
6.2.2 Global HFO-1234yf Production Value by Application (2025-2030)
6.2.3 Global HFO-1234yf Production Value Market Share by Application (2019-2030)
6.3 Global HFO-1234yf Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Honeywell
7.1.1 Honeywell HFO-1234yf Company Information
7.1.2 Honeywell HFO-1234yf Product Portfolio
7.1.3 Honeywell HFO-1234yf Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Honeywell Main Business and Markets Served
7.1.5 Honeywell Recent Developments/Updates
7.2 Chemours
7.2.1 Chemours HFO-1234yf Company Information
7.2.2 Chemours HFO-1234yf Product Portfolio
7.2.3 Chemours HFO-1234yf Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Chemours Main Business and Markets Served
7.2.5 Chemours Recent Developments/Updates
7.3 Hua'an
7.3.1 Hua'an HFO-1234yf Company Information
7.3.2 Hua'an HFO-1234yf Product Portfolio
7.3.3 Hua'an HFO-1234yf Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Hua'an Main Business and Markets Served
7.3.5 Hua'an Recent Developments/Updates
7.4 Huanxin Fluoro
7.4.1 Huanxin Fluoro HFO-1234yf Company Information
7.4.2 Huanxin Fluoro HFO-1234yf Product Portfolio
7.4.3 Huanxin Fluoro HFO-1234yf Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Huanxin Fluoro Main Business and Markets Served
7.4.5 Huanxin Fluoro Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 HFO-1234yf Industry Chain Analysis
8.2 HFO-1234yf Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 HFO-1234yf Production Mode & Process
8.4 HFO-1234yf Sales and Marketing
8.4.1 HFO-1234yf Sales Channels
8.4.2 HFO-1234yf Distributors
8.5 HFO-1234yf Customers
9 HFO-1234yf Market Dynamics
9.1 HFO-1234yf Industry Trends
9.2 HFO-1234yf Market Drivers
9.3 HFO-1234yf Market Challenges
9.4 HFO-1234yf Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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