HYDRO CHLOROFLUOROCARBON (HCFC) MARKET - Global Industry Insights, Trends, Size, Share, Outlook, and Opportunity Analysis, 2017-25 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Hydro Chlorofluorocarbon (HCFC) Market Overview Hydrochlorofluorocarbon (HCFC) is a manmade compound used as refrigerants, aerosols, and in foam manufacture. They are chemically similar to chlorofluorocarbons and exhibit similar properties, having low boiling points which make them ideal in the foam blowing and refrigeration industry. Unlike CFCs, HCFCs are volatile and have a lower global warming potential. They are classified as VOCs and rise up to stratosphere damaging the ozone layer, though are less potent than CFC’s. HCFC’s have replaced CFC’s in many applications and are in the process of being phased out themselves. They are used in commercial refrigeration, foam blowing and residential air conditioning, and are gradually being replaced by hydro fluorocarbons (HFCs). Under the Montreal Protocol complete phase out of HCFCs is slated for 2020 in developed countries and 2030 in emerging economies. Developed countries have already adopted or are in the process of adopting natural or less harmful artificial alternatives on a large scale, resulting in the phasing out of HCFC market in North America and Europe. © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION HCFC Market Taxonomy On basis of type of HCFC • HCFC 22 • HCFC 141b • HCFC 142b • HCFC 123 • HCFC 124 • HCFC 225ca • HCFC 225cb • HCFC 21 • Others On basis of Application • Refrigeration • Domestic • Commercial © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION Hydrochlorofluorocarbon Market HCFC-22 was the most commonly used refrigerant, though it is being phased out in favor of HFC-134b. Similarly, in the foam industry, HCFC 141b and HCFC 142b are being replaced by HFC-245fa. HCFC 123 are used in centrifugal chillers and fire extinguishers, HCFC 124 in air conditioning equipment. HCFC 225ca and HCFC 225cb are used as aerosol solvents. The largest end user is refrigeration, though due to their adverse environmental effects, the market is rapidly shifting to HFC refrigerated systems, especially in the U.S. The stationary air-conditioning includes commercial and residential spaces, while mobile air-conditioning is employed in automotive and aviation industry. The rise in disposable incomes in developing markets has led to growth in automotive market which in turn has driven the air-conditioning market. Foam blowing market is also undergoing a shift to HFO, though large scale use is expected to take many years due to lack of large-scale manufacturing infrastructure. Request Smaple of HCFC Market: https://www.coherentmarketinsights.com/insight/request-sample/476 © Coherent market Insights. All Rights Reserved REPORT DESCRIPTION HCFC Market Outlook Market • • The foam, refrigeration and air-conditioning market has a scope for market growth in Asia Pacific and African markets due to high demand from end use industries. Blowing agents are required in construction, packaging and manufacture of appliances. Yet the environmental concerns of ozone layer depletion and global warming has led to restriction of HCFC as refrigerant and blowing agent. Hence, Asian and African markets face a challenge of meeting market needs and reducing climate change at the same time. A shift from fluorocarbons to alternatives is expected during the forecast period. European Union has adopted measures, which go way beyond the requirements of the Montreal Protocol, and has actively promoted R&D for alternatives. HCFC use in many industrial sectors has been completely phased out. Similarly, in North America, the refrigeration market has seen a shift in CO2 based refrigeration systems resulting in a withering market for HCFCs. Request to view the table of Content: https://www.coherentmarketinsights.com/ongoing-insight/toc/476 © Coherent market Insights. All Rights Reserved ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. 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Hydrochlorofluorocarbon (HCFC) is a manmade compound used as refrigerants, aerosols, and in foam manufacture. They are chemically similar to chlorofluorocarbons and exhibit similar properties, having low boiling points which make them ideal in the foam blowing and refrigeration industry.
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