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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