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Infinity Market Research

Global HFO Refrigerant Market Growth 2025-2031


Nov 2025

Chemicals and Materials

Pages: 98

LPI32851

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The global HFO Refrigerant market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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HFOs (hydrofluoro-olefins) are the fourth generation of fluorine-based gases. HFC refrigerants are composed of hydrogen, fluorine and carbon atoms connected by single bonds between the atoms. HFO refrigerants are composed of hydrogen, fluorine and carbon atoms but contain at least one double bond between the carbon atoms.


The first HFO, jointly developed by DuPont and Honeywell, is HFO 1234yf which is sold under the brand names Opteon YF and SOLSTICE yf. This is a low GWP (Global Warming Potential) replacement for R134a for use in mobile air conditioning (MAC) systems in the automotive sector.


HFO refrigerants are categorised as having zero ODP (Ozone Depletion Potential) and low GWP and so offer a more environmentally friendly alternative to CFCs, HCFCs and HFCs.


United States market for HFO Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


China market for HFO Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


Europe market for HFO Refrigerant is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.


Global key HFO Refrigerant players cover Honeywell, Chemours, Linde Gas, Gas Servei, Mitsubishi Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.


Infinity Market Research newest research report, the HFO Refrigerant Industry Forecast looks at past sales and reviews total world HFO Refrigerant sales in 2024, providing a comprehensive analysis by region and market sector of projected HFO Refrigerant sales for 2025 through 2031. With HFO Refrigerant sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HFO Refrigerant industry.


This Insight Report provides a comprehensive analysis of the global HFO Refrigerant landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HFO Refrigerant portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global HFO Refrigerant market.


This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HFO Refrigerant and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HFO Refrigerant.


This report presents a comprehensive overview, market shares, and growth opportunities of HFO Refrigerant market by product type, application, key manufacturers and key regions and countries.


Segmentation by Type:


    R1234yf
    R1234ze
    R1234zd
    Others


Segmentation by Application:


    Automotive
    Air Conditioner Appliances
    Others


This report also splits the market by region:


    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries


The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.


    Honeywell
    Chemours
    Linde Gas
    Gas Servei
    Mitsubishi Electric
    Climalife
    Nippon Gases
    Arkema
    Huanxin Fluoro
    Zhejiang Juhua Co.,Ltd.


Key Questions Addressed in this Report


What is the 10-year outlook for the global HFO Refrigerant market?
What factors are driving HFO Refrigerant market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HFO Refrigerant market opportunities vary by end market size?
How does HFO Refrigerant break out by Type, by Application?

HFO Refrigerant Market Scope

Report AttributeDetails
Market Size (Start Year)USD XX Million
Market Size (End Year)USD XX Million
Compound Annual Growth Rate (CAGR)USD XX Million
Forecast PeriodUSD XX Million
Base YearUSD XX Million
Historical DataUSD XX Million
Key PlayersUSD XX Million

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REPORT COVERAGE

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

SEGMENT COVERED

By component, deployment, organization size, application, and industry.

REGIONAL SCOPE

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

COUNTRY SCOPE

Includes key countries across all major regions.


📘 Frequently Asked Questions

1. What is the market size of Global HFO Refrigerant Market?

Answer: The global HFO Refrigerant market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

2. Which regions are analyzed in the Global HFO Refrigerant Market report?

Answer: The Global HFO Refrigerant Market report covers major regions such as Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.

3. What methodology is used for forecasting of Global HFO Refrigerant Market?

Answer: The Global HFO Refrigerant Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.

4. Are emerging markets analyzed separately in the Global HFO Refrigerant Market?

Answer: Yes, the Global HFO Refrigerant Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.

5. Does the report include competitive benchmarking of Global HFO Refrigerant Market?

Answer: Yes, Global HFO Refrigerant Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.

6. Can I access country-level data within the Global HFO Refrigerant Market report?

Answer: Yes, Global HFO Refrigerant Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.

7. Can I get customized insights or data from the Global HFO Refrigerant Market report?

Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

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