Lucintel Forecasts The Global Hfo-1234yf Market To Reach $1 Billion By 2030

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According to a market report by Lucintel, the future of the global HFO-1234YF market looks promising with opportunities in the personal and commercial markets. The global HFO-1234YF market is expected to reach an estimated $1 billion by 2030 at a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are significant need for air conditioning systems in automobiles, growing global restrictions against ozone-depleting chemicals (ODSs), and rising need for environmentally acceptable refrigerants.
A more than 150-page report to understand trends, opportunity and forecast in global HFO-1234YF market to 2030 by type (automotive air conditioning and domestic refrigeration), application (personal, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, automotive air conditioning will remain a larger segment over the forecast period due to the extensive usage of HFO-1234YF in automotive transportable air conditioning systems.
Download sample by clicking on HFO-1234YF market.
In terms of regions, Europe ...
... will remain the largest region over the forecast period due to the surge in demand and attention towards the fourth-generation refrigerant, HFO-1234yf, as a result of global environmental legislation and policies that attempt to mitigate the greenhouse effect of hydrofluorocarbons.
Honeywell International, J&H CHEM, Chemours, Hunan Jiahang Pharmaceutical Technology, Daikin Industries are the major suppliers in the HFO-1234YF market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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