R134A Refrigerant Market (Updated Version Available)

R134a is also known as tetrafluoroethane (CF3CH2F) from the family of HFC refrigerant. It exists in gas form when expose to the environment as the boiling temperature is -14.9°F or -26.1°C.
R134a refrigerant is now being used as a replacement for R-12 CFC refrigerant in the area of centrifugal, rotary screw, scroll and reciprocating compressors. It is not 100% compatible with the lubricants and mineral-based refrigerant currently used in R-12. Design changes to the condenser and evaporator need to be done to use this refrigerant. R134a refrigerant is safe for normal handling as it is non-toxic, non-flammable and non-corrosive.
In 2013, Europe published the ban that the new Automotive Air-Conditioning (MAC) cannot use R134a. Since 1 January 2013 the MAC Directive is fully applicable. In 2015, The US Environmental Protection Agency (EPA) is considering declaring refrigerant R134a as being unsuitable for use in chillers. Affected by the policy, global sales of R134a decreases from 203 K MT in 2012 to 200 K MT in 2016, with an average decease rate of 0.89%. Also, Arkema is planning to shut down its R134a refrigerant plant at Pierre-Bénite, France.
Currently, global major manufacturers in this industry are mainly concentrated in China. In 2016, China produced 145 K MT R134a, with a share of 72%. China major suppliers are Juhua Group, Sinochem Taicang Chemical, Bailian, Dongyue Federation and Sanmei etc. Price in China changes a lot during 2012 to 2016. But China's demand growth has been slow, so China has become the world's largest exporter.
On the other hand, with the European restrictions on the use of 134A, and the United States will increase anti-dumping duties on the product from China, the future of China's export status is very grim.

The report offers detailed coverage of R134A Refrigerant industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading R134A Refrigerant by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global R134A Refrigerant market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global R134A Refrigerant market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Mexichem Fluor
Chemours
Honeywell
Linde Gas
Arkema
Juhua Group
Sinochem Taicang Chemical
Bailian
Dongyue Federation
Sanmei

At the same time, we classify R134A Refrigerant according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Tetrachlorethylene Process
Trichlorethylene Process
Market by Application
Automotive Air-Conditioning
Commercial Refrigeration Equipment
Domestic Refrigeration Equipment

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the R134A Refrigerant market for the forecast period 2021 - 2025?
• What are the driving forces in the R134A Refrigerant market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the R134A Refrigerant industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?