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Global Chlorofluorocarbon Market by Type (Gas, Liquid), By Application (Industrial, Commercial, Household) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-213
  • Author: Up Market Research
  • Rating: 4.6
  • Total Reviews: 77
  • No. Of Pages: 228
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  • Pub. Date: 2021-03-01
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The Global Chlorofluorocarbon Market size is expected to reach USD 1.5 billion in 2021 and projected to grow at a CAGR of 3.0% from 2021-2028. This is a booming market with many opportunities for both new entrants and established players. The recent developments in the market have increased the demand side of this industry. The major factors driving the growth of this market are increasing industrialization, raising awareness about environmental protection, and technological advancements in various industries. These factors provide huge potential for growth not only to emerging economies but also to developed economies across the Asia Pacific (APAC) region. The demand for chlorofluorocarbon is driven by its high efficiency as coolant gas and propellant gas, which are used in refrigeration systems as well as aerosol canisters.


Chlorofluorocarbons (CFCs) are a family of synthetic, non-toxic gases that were originally used in the late 1800s for refrigeration. CFCs are now regulated because they contribute to the ozone hole and global warming. The Montreal Protocol banned all production of new CFCs by developed countries as well as developing countries from January 2016 onwards, with specific exemptions such as essential uses like medical equipment or air conditioning.


On the basis of Type, the market is segmented into Gas and Liquid. The gas segment is considered to be the fastest-growing type of chlorofluorocarbon in terms of market share, as it has a higher demand for use on aerosol cans than liquids do.


Gas Chlorofluorocarbons:

Gas chlorofluorocarbons (CFCs) are chemicals with chlorine, fluorine, and carbon. They were manufactured to replace the ozone-depleting gases that had been existing for decades. The global trade in CFCs was banned by the Montreal Protocol because they deplete the earth’s atmospheric layer of ozone molecules which allow life on Earth from harmful ultraviolet radiation coming into our atmosphere from space.

These types of chlorofluorocarbon compounds have many uses including refrigerants, propellant gasses used in aerosol cans, solvents, and fire extinguishing agents.


Liquid Chlorofluorocarbons:

Liquid Chlorofluorocarbons are a colorless, odorless gas that is used as refrigerants in air conditioners and freezers. Liquid CFCs work by releasing the heat inside buildings or machines to the outside of them so most people use them for cooling their homes. One of these products called R-12 was banned from production in 2010 due to its ozone-depleting properties. Nowadays, companies produce new forms like HFCs with replacement chemicals such as hydrofluoroether (HFE) which have some different qualities than the old ones but they still cause damage to nature's environment and health conditions.


On the basis of Application, the market is segmented into Industrial (chemical industry), Commercial (restaurants), and Household (home air conditioning). Chlorofluorocarbons are mainly used in commercial applications such as air conditioning (AC) systems for cooling buildings, refrigerators, or freezers to maintain the desired temperature level. They are also widely used in the petrochemical industry due to their high octane rating which is necessary during the combustion of fuels.

The Industrial application segment accounted for the highest revenue share among all applications during 2017 owing to its largest usage rates in refrigeration systems followed by chemical industries such as fertilizers and pesticides manufacturing.


On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in the Americas is expected to be the largest during the forecast period on account of the high growth rate for AC usage rates across various end-user segments such as industrial (industrial cooling), commercial (restaurants), and household (home air conditioning).

The European region will also grow at a substantial CAGR due to the growing number of industries employing chlorofluorocarbons owing to their low global warming potential which makes them one of the most environment-friendly refrigerant substitutes. In addition, subsidies provided by some European countries are projected to further fuel demand over this period.

The Asia Pacific region is projected to be the fastest-growing market in the coming few years. The growing demand for industrial cooling systems and AC units will fuel this growth in addition to initiatives undertaken by various governments like China, India, and Japan that are promoting research into thermostatic refrigerant replacement technologies. The Middle East & Africa region will also witness considerable CAGR during the forecast period owing to air conditioning applications for residential as well as a commercial sector which has been on a steady rise due to increasing population across these regions.


Up Market Research published a new report titled “Chlorofluorocarbon Market research report which is segmented by Types (Gas, Liquid), By Applications (Industrial, Commercial, Household), By Players/Companies Arkema, Daikin Industries, DuPont, Honeywell International, Mexichem Flur, Solvay, Dongyc, Navin Fluorine International, Gujarat Fluorochemicals, SRF”. 


Report Scope

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
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 228
Number of Tables & Figures 160
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Chlorofluorocarbon Industry Outlook

Global Chlorofluorocarbon Market Report Segments:

The market is segmented by Type Gas, Liquid and By Application Industrial, Commercial, Household.


Some of the companies that are profiled in this report are:

  1. Arkema
  2. Daikin Industries
  3. DuPont
  4. Honeywell International
  5. Mexichem Flur
  6. Solvay
  7. Dongyc
  8. Navin Fluorine International
  9. Gujarat Fluorochemicals
  10. SRF

Chlorofluorocarbon Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Chlorofluorocarbon Market

Overview of the regional outlook of the Chlorofluorocarbon Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Chlorofluorocarbon Market Overview

Highlights of The Chlorofluorocarbon Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Chlorofluorocarbon Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Gas

                2. Liquid

       7. By Application:

                1. Industrial

                2. Commercial

                3. Household

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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 2028.


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

Chlorofluorocarbon Market Statistics

Reasons to Purchase the Chlorofluorocarbon Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
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
Segments Covered in the Report
The global Chlorofluorocarbon market has been segmented based on

By Types
  • Gas
  • Liquid
By Applications
  • Industrial
  • Commercial
  • Household
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Arkema
  • Daikin Industries
  • DuPont
  • Honeywell International
  • Mexichem Flur
  • Solvay
  • Dongyc
  • Navin Fluorine International
  • Gujarat Fluorochemicals
  • SRF

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