HFO-1234yf is a refrigerant that has a different chemical composition than traditional refrigerants used in automotive air conditioning. It is considered a hydrofluoro-olefin refrigerant.
LPI (LP Information)’ newest research report, the “HFO-1234yf Industry Forecast” looks at past sales and reviews total world HFO-1234yf sales in 2022, providing a comprehensive analysis by region and market sector of projected HFO-1234yf sales for 2023 through 2029. With HFO-1234yf sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HFO-1234yf industry.
This Insight Report provides a comprehensive analysis of the global HFO-1234yf 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-1234yf portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HFO-1234yf market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HFO-1234yf 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-1234yf.
The global HFO-1234yf market size is projected to grow from US$ 835.2 million in 2022 to US$ 2422.8 million in 2029; it is expected to grow at a CAGR of 2422.8 from 2023 to 2029.
Global HFO-1234yf key players include Honeywell, etc. Global top 1 manufacturer hold a share over 55%.
North America is the largest market, with a share over 60%, followed by China, have a share over 30% percent.
In terms of product, automotive air conditioning is the largest segment, with a share over 95%.In terms of application, the largest application is personal, followed by commercial.
This report presents a comprehensive overview, market shares, and growth opportunities of HFO-1234yf market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global HFO-1234yf Includes:
Honeywell
Chemours
Market Segment by Type, covers:
Automotive Air Conditioning
Domestic Refrigeration
Market Segment by Applications, can be divided into:
Personal
Commercial
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global HFO-1234yf market?
What factors are driving HFO-1234yf market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HFO-1234yf market opportunities vary by end market size?
How does HFO-1234yf break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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