Market Overview:
The global chlorofluorocarbon market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these products in various applications, such as industrial, commercial, and household applications. Chlorofluorocarbons are used as refrigerants and propellants in various industries owing to their properties such as low toxicity, non-flammability, and ozone depletion potential (ODP). In addition, these products are also used as blowing agents for manufacturing polyurethane foams and insulation materials.
Product Definition:
Chlorofluorocarbon is an organic compound made up of carbon, chlorine, and fluorine. It is used as a refrigerant and in aerosol cans. Chlorofluorocarbon is important because it helps to protect the earth's ozone layer.
Gas:
The global gas, its usage and growth factor in chlorofluorocarbon market is expected to witness significant growth over the forecast period. Global warming has become a major issue for the governments across the world. The industrialization process requires huge amount of energy along with carbon dioxide which results in greenhouse effect or global warming. To overcome this problem government have come up with various regulations to control emissions from different industries that contribute significantly towards greenhouse effect or global warming.
Liquid:
Liquid is a transparent, odorless and tasteless compound. It has no color and does not solidify at room temperature. It is produced on an industrial scale for use in refrigerants, aerosols and deodorants among other applications.
Application Insights:
The global market is segmented by application into industrial, commercial and household. The industrial application dominated the overall industry in terms of revenue share at over 60% in 2017. This is attributed to extensive usage as a propellant gas for various applications such as pneumatic tools, compressors and sprayers used in industries such as construction, automotive and food & beverage among others. Liquid CFCs are also extensively used for cooling and refrigeration purposes owing to their high efficiency compared to other alternatives such as HFCs or HCFCs which have been replacing them since they were regulated under the Montreal Protocol on Substances that Deplete the Ozone Layer.
Commercial applications include use within air-conditioning systems of offices, hotels, hospitals etc.
Regional Analysis:
North America was the leading consumer and accounted for over 40% of global demand in 2016. The region is expected to witness slow growth on account of stringent environmental regulations regarding chemical manufacturing companies. However, with rising interest from replacement product manufacturers, the market may grow at a moderate pace over the forecast period.
The U.S., being a major producer and consumer in North America has lower production volumes owing to its aging fleet of aircraft that have been refitted with CF4-powered engines which are used across various applications such as refrigeration, air conditioning units and industrial machinery among others since they provide superior performance as compared to other similar products having low emission levels such as HFCs or SF6 under normal operating conditions.
Growth Factors:
- Increasing demand for refrigerants in the food and beverage industry
- Rising demand for air-conditioning in developing countries
- Growing use of CFCs in aerosol cans and fire extinguishers
- Proliferation of new applications for chlorofluorocarbons
- Stringent environmental regulations to phase out CFCs
Scope Of The Report
Report Attributes
Report Details
Report Title
Chlorofluorocarbon Market Research Report
By Type
Gas, Liquid
By Application
Industrial, Commercial, Household
By Companies
Arkema, Daikin Industries, DuPont, Honeywell International, Mexichem Flur, Solvay, Dongyc, Navin Fluorine International, Gujarat Fluorochemicals, SRF, Arkema
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Chlorofluorocarbon Market Report Segments:
The global Chlorofluorocarbon market is segmented on the basis of:
Types
Gas, Liquid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Commercial, Household
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- Daikin Industries
- DuPont
- Honeywell International
- Mexichem Flur
- Solvay
- Dongyc
- Navin Fluorine International
- Gujarat Fluorochemicals
- SRF
- Arkema
Highlights of The Chlorofluorocarbon Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gas
- Liquid
- By Application:
- Industrial
- Commercial
- Household
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Chlorofluorocarbon Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Chlorofluorocarbons (CFCs) are a class of ozone-depleting gases. They were once used in aerosols and refrigerants, but they have been banned since the late 1980s because of their potential to damage the Earth's ozone layer.
Some of the major players in the chlorofluorocarbon market are Arkema, Daikin Industries, DuPont, Honeywell International, Mexichem Flur, Solvay, Dongyc, Navin Fluorine International, Gujarat Fluorochemicals, SRF, Arkema.
The chlorofluorocarbon market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chlorofluorocarbon Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Chlorofluorocarbon Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Chlorofluorocarbon Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Chlorofluorocarbon Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Chlorofluorocarbon Market Size & Forecast, 2018-2028 4.5.1 Chlorofluorocarbon Market Size and Y-o-Y Growth 4.5.2 Chlorofluorocarbon Market Absolute $ Opportunity
Chapter 5 Global Chlorofluorocarbon Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Chlorofluorocarbon Market Size Forecast by Type
5.2.1 Gas
5.2.2 Liquid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Chlorofluorocarbon Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Chlorofluorocarbon Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Commercial
6.2.3 Household
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Chlorofluorocarbon Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Chlorofluorocarbon Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Chlorofluorocarbon Analysis and Forecast
9.1 Introduction
9.2 North America Chlorofluorocarbon Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Chlorofluorocarbon Market Size Forecast by Type
9.6.1 Gas
9.6.2 Liquid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Chlorofluorocarbon Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Commercial
9.10.3 Household
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Chlorofluorocarbon Analysis and Forecast
10.1 Introduction
10.2 Europe Chlorofluorocarbon Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Chlorofluorocarbon Market Size Forecast by Type
10.6.1 Gas
10.6.2 Liquid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Chlorofluorocarbon Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Commercial
10.10.3 Household
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Chlorofluorocarbon Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Chlorofluorocarbon Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Chlorofluorocarbon Market Size Forecast by Type
11.6.1 Gas
11.6.2 Liquid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Chlorofluorocarbon Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Commercial
11.10.3 Household
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Chlorofluorocarbon Analysis and Forecast
12.1 Introduction
12.2 Latin America Chlorofluorocarbon Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Chlorofluorocarbon Market Size Forecast by Type
12.6.1 Gas
12.6.2 Liquid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Chlorofluorocarbon Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Commercial
12.10.3 Household
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Chlorofluorocarbon Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Chlorofluorocarbon Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Chlorofluorocarbon Market Size Forecast by Type
13.6.1 Gas
13.6.2 Liquid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Chlorofluorocarbon Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Commercial
13.10.3 Household
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Chlorofluorocarbon Market: Competitive Dashboard
14.2 Global Chlorofluorocarbon Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 Daikin Industries
14.3.3 DuPont
14.3.4 Honeywell International
14.3.5 Mexichem Flur
14.3.6 Solvay
14.3.7 Dongyc
14.3.8 Navin Fluorine International
14.3.9 Gujarat Fluorochemicals
14.3.10 SRF
14.3.11 Arkema