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Hydro Chlorofluorocarbon (HCFC) Market

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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 f
HYDRO CHLOROFLUOROCARBON (HCFC) MARKET
- Global Industry Insights, Trends, Size, Share, Outlook, and
Opportunity Analysis, 2017-25
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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.
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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
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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.
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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.
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