Global HFO-1234yf Refrigerant Market 2023-2030
  • CHOOSE LICENCE TYPE
Consulting Services
    How will you benefit from our consulting services ?

Global HFO-1234yf Refrigerant Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

GLOBAL HFO-1234YF REFRIGERANT MARKET

 

INTRODUCTION

The hydrofluoroolefins class of novel refrigerants includes HFO-1234yf. These refrigerants are comparable to HFC refrigerants, with the exception that they have a substantially lower GPP. By forming a double carbon bond within HFO refrigerants, this is accomplished.

 

If the refrigerant leaks or is vented, this double bond can be easily broken down in the environment. The first of these classes of refrigerants, 1234yf, will take the place of R-134a in automotive applications.

 

It has been created to use hydrofluoro-olefin 2,3,3,3-tetrafluoropropene (HFO-1234yf). With a GWP of 4, HFO-1234yf has an extremely brief atmospheric lifespan of only 0.03 years.

 

This work includes measurements of HFO-1234yf's critical temperature, vapour pressure, liquid density, ideal gas heat capacity, liquid viscosity, and surface tension.

 

Utilizing the experimental data, a corresponding state equation of state has been regressed. These data enable the performance evaluation of HFO-1234yf in current air conditioning applications as well as the design of future refrigeration systems.

 

The capacity and efficiency previously observed in applications like mobile air conditioning have been demonstrated to be maintained by HFO-1234yf.

 

GLOBAL HFO-1234YF REFRIGERANT MARKET SIZE AND FORECAST

 

Infographic: HFO-1234yf Refrigerant Market , HFO-1234yf Refrigerant Market Size, HFO-1234yf Refrigerant Market Trends, HFO-1234yf Refrigerant Market Forecast, HFO-1234yf Refrigerant Market Risks, HFO-1234yf Refrigerant Market Report, HFO-1234yf Refrigerant Market Share

 

 

Global hfo-1234yf refrigerant market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

A new line of large-capacity centrifugal chillers will be introduced by Mitsubishi Heavy Industries Thermal Systems, Ltd., a division of Mitsubishi Heavy Industries, Ltd. (MHI), using the CFC-free(Note1) HFO-1234yf refrigerant, which has zero ozone depletion and a GWP(Note2) below 1.

 

The constant-speed JHT-Y and the inverter-equipped JHT-YI are the two models in the series.

 

The maximum capacity of the two new models is 5,400 refrigeration tonnes (RT)(Note 3), which is a 400 RT increase over the "GART-ZE/ZEI" series introduced in 2017.

 

The JHT-Y and JHT-YI are the first commercially available centrifugal chillers in Japan with capacities up to 5,400 RT that use a low-GWP refrigerant. In addition to the small-to-medium capacity "ETI-Z" series centrifugal chillers introduced in 2015,Additionally, a brand-new type of compressor is used in the new series.

 

Expanding the number of models makes it possible to choose the best compressor to match the chiller's output and achieve great performance over a wide capacity range.

 

The constant-speed variant, which continues to offer one of the best levels of energy efficiency and compact dimensions, has a rating COP(Note4) of 6.9.

 

The newest microcomputer operating panel allows for the supremely precise control of the new series of chillers, and both the constant-speed and inverter models may adapt to a variety of applications, including low-temperature, heat-pump, and heat-recovery requirements.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many hfo-1234yf refrigerant are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global hfo-1234yf refrigerant and key vendor selection criteria
  3. Where is the hfo-1234yf refrigerant manufactured? What is the average margin per unit?
  4. Market share of Global   market manufacturers and their hfo-1234yf refrigerant upcoming products
  5. Cost advantage for OEMs who manufacture Global hfo-1234yf refrigerant in-house
  6. key predictions for next 5 years in Global hfo-1234yf refrigerant market
  7. Average B-2-B hfo-1234yf refrigerant market price in all segments
  8. Latest trends in hfo-1234yf refrigerant market, by every market segment
  9. The market size (both volume and value) of the hfo-1234yf refrigerant market in 2023-2030 and every year in between?
  10. Production breakup of hfo-1234yf refrigerant market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix