The global pentafluoroethane market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for refrigerants and fire extinguishing agents in various industries such as food & beverage, automotive, and electronics. The increasing demand for refrigerants is due to the growing need for energy efficiency in various industries. In addition, pentafluoroethane has been used as a replacement for chlorofluorocarbons (CFCs) which are harmful to the environment and have been banned by many countries across the globe.
The global pentafluoroethane market is segmented on the basis of type into more than or equal to99.8% and <99.8%. The more than or equal to99.8% segment accounted for over 90% share of total revenue in 2017 owing its high purity level which makes it suitable as a fire extinguishing agent and refrigerant among other applications such as solvent extraction agent, chemical intermediate, etc, whereas <99.8% segment accounted for less than 10% share owing its lower purity level which makes it unsuitable as an ingredient in fire extinguishing agents but suitable as an ingredient in chemical intermediates such as perfumes among others applications such as solvents extraction agent among others applications such that it can be used with other chemicals without any adverse effects on them.
Some Of The Growth Factors Of This Market:
- The pentafluoroethane market is driven by the increasing demand for refrigerants and propellants in the automotive industry.
- The pentafluoroethane market is also driven by the increasing demand for refrigerants and propellants in the aerospace industry.
- Increasing demand for refrigerant gases in emerging economies such as China, India, Brazil, Mexico, and Russia will drive growth of the pentafluoroethane market.
- Increasing use of fluorocarbons as substitutes for ozone-depleting substances will drive growth of the pentafluoroethane market.
Industry Growth Insights published a new data on “Pentafluoroethane Market”. The research report is titled “Pentafluoroethane Market research by Types (More than or euqal to99.8%, <99.8%), By Applications (Fire Extinguishing Agent, Refrigerant, Other), By Players/Companies Arkema, Airgas, Dongyue Chemical, Sanmei Chemical, 3F Fluorochemical, Hangzhou Fine Fluorotech, Haiyi Environmental Protection Refrigeration”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pentafluoroethane Market Research Report
By Type
More than or euqal to99.8%, <99.8%
By Application
Fire Extinguishing Agent, Refrigerant, Other
By Companies
Arkema, Airgas, Dongyue Chemical, Sanmei Chemical, 3F Fluorochemical, Hangzhou Fine Fluorotech, Haiyi Environmental Protection Refrigeration
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Pentafluoroethane Market Report Segments:
The global Pentafluoroethane market is segmented on the basis of:
Types
More than or euqal to99.8%, <99.8%
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
Fire Extinguishing Agent, Refrigerant, 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:
- Arkema
- Airgas
- Dongyue Chemical
- Sanmei Chemical
- 3F Fluorochemical
- Hangzhou Fine Fluorotech
- Haiyi Environmental Protection Refrigeration
Highlights of The Pentafluoroethane 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:
- More than or euqal to99.8%
- <99.8%
- By Application:
- Fire Extinguishing Agent
- Refrigerant
- 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 Pentafluoroethane 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?
Pentafluoroethane is a gas with the chemical formula CFC-11. It is a colorless, odorless, and nonflammable gas that can be used as an aerosol propellant.
Some of the major companies in the pentafluoroethane market are Arkema, Airgas, Dongyue Chemical, Sanmei Chemical, 3F Fluorochemical, Hangzhou Fine Fluorotech, Haiyi Environmental Protection Refrigeration.
The pentafluoroethane market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pentafluoroethane 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. Pentafluoroethane Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pentafluoroethane Market - Supply Chain
4.5. Global Pentafluoroethane Market Forecast
4.5.1. Pentafluoroethane Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pentafluoroethane Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pentafluoroethane Market Absolute $ Opportunity
5. Global Pentafluoroethane 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. Pentafluoroethane Market Size and Volume Forecast by Type
5.3.1. More than or euqal to99.8%
5.3.2. <99.8%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pentafluoroethane 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. Pentafluoroethane Market Size and Volume Forecast by Application
6.3.1. Fire Extinguishing Agent
6.3.2. Refrigerant
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pentafluoroethane 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. Pentafluoroethane 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 Pentafluoroethane 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. Pentafluoroethane 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 Pentafluoroethane Demand Share Forecast, 2019-2026
9. North America Pentafluoroethane 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 Pentafluoroethane 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 Pentafluoroethane Market Size and Volume Forecast by Application
9.4.1. Fire Extinguishing Agent
9.4.2. Refrigerant
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 Pentafluoroethane Market Size and Volume Forecast by Type
9.7.1. More than or euqal to99.8%
9.7.2. <99.8%
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 Pentafluoroethane Demand Share Forecast, 2019-2026
10. Latin America Pentafluoroethane 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 Pentafluoroethane 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 Pentafluoroethane Market Size and Volume Forecast by Application
10.4.1. Fire Extinguishing Agent
10.4.2. Refrigerant
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 Pentafluoroethane Market Size and Volume Forecast by Type
10.7.1. More than or euqal to99.8%
10.7.2. <99.8%
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 Pentafluoroethane Demand Share Forecast, 2019-2026
11. Europe Pentafluoroethane 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 Pentafluoroethane 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 Pentafluoroethane Market Size and Volume Forecast by Application
11.4.1. Fire Extinguishing Agent
11.4.2. Refrigerant
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 Pentafluoroethane Market Size and Volume Forecast by Type
11.7.1. More than or euqal to99.8%
11.7.2. <99.8%
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 Pentafluoroethane Demand Share, 2019-2026
12. Asia Pacific Pentafluoroethane 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 Pentafluoroethane 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 Pentafluoroethane Market Size and Volume Forecast by Application
12.4.1. Fire Extinguishing Agent
12.4.2. Refrigerant
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 Pentafluoroethane Market Size and Volume Forecast by Type
12.7.1. More than or euqal to99.8%
12.7.2. <99.8%
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 Pentafluoroethane Demand Share, 2019-2026
13. Middle East & Africa Pentafluoroethane 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 Pentafluoroethane 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 Pentafluoroethane Market Size and Volume Forecast by Application
13.4.1. Fire Extinguishing Agent
13.4.2. Refrigerant
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 Pentafluoroethane Market Size and Volume Forecast by Type
13.7.1. More than or euqal to99.8%
13.7.2. <99.8%
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 Pentafluoroethane Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pentafluoroethane Market: Market Share Analysis
14.2. Pentafluoroethane Distributors and Customers
14.3. Pentafluoroethane Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Arkema
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Airgas
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Dongyue Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sanmei Chemical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3F Fluorochemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hangzhou Fine Fluorotech
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haiyi Environmental Protection Refrigeration
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
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
