Market Overview:
The global HCFC-142b refrigerant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for HCFC-142b in various applications such as refrigerants, foaming agents, and others. North America is expected to lead the global HCFC-142b refrigerant market during the forecast period owing to stringent environmental regulations and growing demand for energy efficient appliances in this region.
Product Definition:
HCFC-142b is not ozone depletion potential (ODP) and has a global warming potential (GWP) of about 1,430.
PurityGreater than or equal to99.9%:
Purity greater than or equal to 99.9% is a new term in the refrigerant industry, which was created for HFC-142b (GAS). The purpose of creating this new category of purity is to give an advantage to the existing low GWP gases such as CFC and HCFC that are being phased out by HFC gas.
The major reason behind creating this category is because it helps companies that manufacture these types of products.
PurityBelow99.9%:
PurityBelow99.9% is a special type of HFC that has 99.9% purity and the remaining 0.1% contains no more than 5ppm of other components such as hydrogen, helium, nitrogen, carbon dioxide or methane among others. It is used in HCFC-142b refrigerant market to improve its performance by reducing the global warming potential (GWP) and lower atmospheric lifetime (AL).
Application Insights:
The refrigerant application segment dominated the global market in 2017. This is attributed to increasing demand for HCFC-free products from various end-use industries including automotive, building and construction, food and beverages, medical devices, etc. In addition to being used as a refrigerant gas under normal conditions of pressure and temperature (32°F & 0°F), it is also utilized as a deodorizer in air conditioners along with R-134a.
The foaming agent application segment accounted for over 15% of the total revenue share in 2017 due to its rising demand from several end-use industries such as personal care products manufacturing on account of its properties such as high surface tension which enables better wetting action leading to less foam formation compared to other gases.
Regional Analysis:
Asia Pacific dominated the global HCFC-142b refrigerant market in 2017. Asia Pacific is expected to continue its dominance over the forecast period, with China being a key contributor to regional growth. The presence of a large number of manufacturers and suppliers coupled with increasing demand from end-use industries such as HVAC & refrigeration, automotive and electronics is anticipated to drive the region’s growth over the forecast period.
The European market for HCFC-142b refrigerant was valued at USD X million in 2017 owing to stringent regulations regarding greenhouse gas emissions by various regulatory bodies such as EEA, EU etc., which has resulted in high penetration of alternative cooling solutions rather than replacing existing conventional equipment with new ones using HCFC-142b based products leading to low consumption rates observed during recent years.
Growth Factors:
- Stringent environmental regulations for refrigerants across the globe will drive the demand for HCFC-142b as it has low global warming potential (GWP) and is ozone depletion potential (ODP)
- The growth of food service and retail sector, especially in developing countries, will create opportunities for HCFC-142b market as this refrigerant is used extensively in commercial refrigeration systems
- Increasing demand from end users such as cold storage warehouses, supermarkets, hospitals etc., due to its energy efficiency and low noise levels will propel the market growth of HCFC-142b
- Growing popularity of ecofriendly substitutes such as hydrocarbons and ammonia would hamper the market growth of HCFC- 142b to some extent
- Technological advancements in terms of product design that improves performance along with rising awareness about safety among consumers are expected to provide future opportunities for this market
Scope Of The Report
Report Attributes
Report Details
Report Title
HCFC-142b Refrigerant Market Research Report
By Type
PurityGreater than or equal to99.9%, PurityBelow99.9%
By Application
Refrigerant, Foaming Agent, Other
By Companies
Chemours, Praxair, Linde, Arkema, Sanmei, Dongyue Chemical, China Haohua Chemical, 3F Fluorochemical
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global HCFC-142b Refrigerant Market Report Segments:
The global HCFC-142b Refrigerant market is segmented on the basis of:
Types
PurityGreater than or equal to99.9%, PurityBelow99.9%
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
Refrigerant, Foaming Agent, Other
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:
- Chemours
- Praxair
- Linde
- Arkema
- Sanmei
- Dongyue Chemical
- China Haohua Chemical
- 3F Fluorochemical
Highlights of The HCFC-142b Refrigerant 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:
- PurityGreater than or equal to99.9%
- PurityBelow99.9%
- By Application:
- Refrigerant
- Foaming Agent
- Other
- 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 HCFC-142b Refrigerant 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
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- 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?
HCFC-142b is a refrigerant that was developed in the 1970s and 1980s. It is a chlorofluorocarbon (CFC) gas, and it has been banned from use in many countries because of its potential to damage the Earth's ozone layer.
Some of the major players in the hcfc-142b refrigerant market are Chemours, Praxair, Linde, Arkema, Sanmei, Dongyue Chemical, China Haohua Chemical, 3F Fluorochemical.
The hcfc-142b refrigerant market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. HCFC-142b Refrigerant Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. HCFC-142b Refrigerant Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. HCFC-142b Refrigerant Market - Supply Chain
4.5. Global HCFC-142b Refrigerant Market Forecast
4.5.1. HCFC-142b Refrigerant Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. HCFC-142b Refrigerant Market Size (000 Units) and Y-o-Y Growth
4.5.3. HCFC-142b Refrigerant Market Absolute $ Opportunity
5. Global HCFC-142b Refrigerant Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. HCFC-142b Refrigerant Market Size and Volume Forecast by Type
5.3.1. PurityGreater than or equal to99.9%
5.3.2. PurityBelow99.9%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global HCFC-142b Refrigerant Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. HCFC-142b Refrigerant Market Size and Volume Forecast by Application
6.3.1. Refrigerant
6.3.2. Foaming Agent
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global HCFC-142b Refrigerant Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. HCFC-142b Refrigerant Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global HCFC-142b Refrigerant Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. HCFC-142b Refrigerant Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global HCFC-142b Refrigerant Demand Share Forecast, 2019-2026
9. North America HCFC-142b Refrigerant Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America HCFC-142b Refrigerant Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America HCFC-142b Refrigerant Market Size and Volume Forecast by Application
9.4.1. Refrigerant
9.4.2. Foaming Agent
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America HCFC-142b Refrigerant Market Size and Volume Forecast by Type
9.7.1. PurityGreater than or equal to99.9%
9.7.2. PurityBelow99.9%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America HCFC-142b Refrigerant Demand Share Forecast, 2019-2026
10. Latin America HCFC-142b Refrigerant Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America HCFC-142b Refrigerant Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America HCFC-142b Refrigerant Market Size and Volume Forecast by Application
10.4.1. Refrigerant
10.4.2. Foaming Agent
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America HCFC-142b Refrigerant Market Size and Volume Forecast by Type
10.7.1. PurityGreater than or equal to99.9%
10.7.2. PurityBelow99.9%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America HCFC-142b Refrigerant Demand Share Forecast, 2019-2026
11. Europe HCFC-142b Refrigerant Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe HCFC-142b Refrigerant Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe HCFC-142b Refrigerant Market Size and Volume Forecast by Application
11.4.1. Refrigerant
11.4.2. Foaming Agent
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe HCFC-142b Refrigerant Market Size and Volume Forecast by Type
11.7.1. PurityGreater than or equal to99.9%
11.7.2. PurityBelow99.9%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe HCFC-142b Refrigerant Demand Share, 2019-2026
12. Asia Pacific HCFC-142b Refrigerant Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific HCFC-142b Refrigerant Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific HCFC-142b Refrigerant Market Size and Volume Forecast by Application
12.4.1. Refrigerant
12.4.2. Foaming Agent
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific HCFC-142b Refrigerant Market Size and Volume Forecast by Type
12.7.1. PurityGreater than or equal to99.9%
12.7.2. PurityBelow99.9%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific HCFC-142b Refrigerant Demand Share, 2019-2026
13. Middle East & Africa HCFC-142b Refrigerant Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa HCFC-142b Refrigerant Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa HCFC-142b Refrigerant Market Size and Volume Forecast by Application
13.4.1. Refrigerant
13.4.2. Foaming Agent
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa HCFC-142b Refrigerant Market Size and Volume Forecast by Type
13.7.1. PurityGreater than or equal to99.9%
13.7.2. PurityBelow99.9%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa HCFC-142b Refrigerant Demand Share, 2019-2026
14. Competition Landscape
14.1. Global HCFC-142b Refrigerant Market: Market Share Analysis
14.2. HCFC-142b Refrigerant Distributors and Customers
14.3. HCFC-142b Refrigerant Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chemours
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Praxair
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Linde
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arkema
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sanmei
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dongyue Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. China Haohua Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3F Fluorochemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
