The global hydrofluoroolefins (HFOs) market was valued at USD 1,553.2 Million in 2016, is expected to reach USD 5,784.3 Million by 2023, growing at a CAGR of 20.8% from 2017 to 2023. The key factors driving the growth of the hydrofluoroolefins (HFOs) market include exceptionally low Global Warming Potential (GWP) compared with HFCs and HCFCs, few facility modifications required to transition from HCFCs, EU regulations phasing out HFO from other fluorinated greenhouse gases, and low to mild flammability.

On the basis of product, HFO-1234yf was dominating the hydrofluoroolefins (HFOs) market, in 2016 and is anticipated to dominate the market, throughout the forecast period. The growth of this segment is attributed to its high acceptance in foam blowing and as a refrigerant in mobile air-conditioning systems and industrial refrigeration.

Foam blowing was the largest application of global hydrofluoroolefins market, in 2016 and is expected to remain the largest market, throughout the forecast period. Polyurethane foam produced using HFOs as blowing agent is widely used in automobile and construction sectors in the form of flexible and rigid foams is driving the growth of HFO market. Mobile Air-Conditioning Systems (MACs) is expected to be the fastest growing application of hydrofluoroolefins, over the forecast period. The growth in the aforementioned segment is primarily attributed to EPA’s Significant New Alternative Policy (SNAP) program.

Geographically, North America was holding the largest market share of hydrofluoroolefins (HFOs) market, in 2016 and is anticipated to continue holding the major market share, throughout the forecast period. The introduction and adoption of environmental regulations to control the global warming, such as Significant New Alternatives Policy (SNAP) Program of EPA is boosting the demand for HFOs in the region. Europe was holding the second largest market share of global HFOs market, in 2016. European countries have already started to phase out HFCs from automobile and other industries for HVAC applications. The European Directive on Mobile Air-Conditioning Systems (MACs) introduced a gradual ban on these gases in passenger cars is boosting the demand for HFOs in the region. Asia-Pacific market for HFOs is expected to grow at a significant rate, during the forecast period. Additionally, Asia-Pacific is a major market for HFOs as blowing agents. The growing automotive industry and increasing construction activities in the emerging economies are expected to foster the market growth of HFOs in the region.

Some of the leading players in global hydrofluoroolefins (HFOs) market include Arkema S.A. Corporation, Honeywell International Inc., DowDuPont, The Chemours Company, Linde Group, Haltermann GmbH, Solvay S.A., Foam Supplies Inc., Lambiotte and Cie S.A/ N.V, Danfoss A/S among others.

CHAPTER 1. Market Scope and Methodology
1.1. Market Definition

1.2. Market Segmentation

1.2.1. Market Breakdown, By Product

1.2.2. Market Breakdown, By Application

1.2.3. Market Breakdown, By Region

1.3. Research Methodology

1.4. Executive Summary

CHAPTER 2. Market Outlook

2.1. Introduction

2.2. Value Chain Analysis

2.3. Landscape

2.3.1. Market Share

2.3.2. Opportunities

2.3.2.1. Favorable Environmental Regulations

2.3.2.2. HFO Blending with Hydrocarbon and Water

2.3.3. Trends

2.3.3.1. An IncreasedFocus on Developing Alternative to HFCs and HCFCs

2.3.3.2. Increasing Application in Refrigeration and Foam Blowing Applications

2.3.4. Growth Drivers

2.3.4.1. Exceptionally Low GWP compared with HFCs and HCFCs

2.3.4.2. Few Facility Modifications Required to Transition from HCFCs

2.3.4.3. EU Regulations Phasing Out HFO from other Fluorinated Greenhouse Gases

2.3.4.4. Low to Mild Flammability

2.3.5. Impact Analysis of Drivers on Future Forecast of the Market

2.3.6. Restraints of the Market

2.3.6.1. HigherCosts of HFOs

2.3.7. Impact Analysis of Restraints on Future Forecast of the Market

CHAPTER 3. Market Entry Strategy

3.1. Regulatory Affairs

3.2. Competitive Analysis

3.3. Investment Analysis

3.4. Recommendations

CHAPTER 4. GlobalHydrofluoroolefins (HFOs) Market Size and Forecast (2013 – 2023)

4.1. Global Hydrofluoroolefins (HFOs) Market, By Product

4.1.1. HFO-1234ze

4.1.2. HFO-1234yf

4.1.3. HFO-1233zd

4.1.4. HFO-1336mzz

4.1.5. Others

4.2. Global Hydrofluoroolefins (HFOs) Market, By Application

4.2.1. Commercial Refrigeration

4.2.2. Domestic Refrigeration

4.2.3. Foam Blowing Agents

4.2.3.1. PU Spray

4.2.3.2. Rigid PUF Injected

4.2.3.3. Rigid PUF Continuous Laminate/ Boardstock

4.2.3.4. Rigid PUF Residential Appliances

4.2.3.5. XPS

4.2.3.6. Others

4.2.4. Aerosol Propellants

4.2.5. Mobile Air-Conditioning Systems (MACs)

4.2.6. Precision Solvent Cleaners

4.2.7. Others

4.3. Global Hydrofluoroolefins (HFOs) Market, By Region

4.3.1. North America

4.3.2. Europe

4.3.3. Asia-Pacific

4.3.4. Middle East and Africa (MEA)

4.3.5. South America

CHAPTER 5. Global Hydrofluoroolefins (HFOs) Market, By Geography

5.1. North America Hydrofluoroolefins (HFOs) Market

5.1.1. North America Hydrofluoroolefins (HFOs) Market, By Product (Ton)

5.1.2. North AmericaHydrofluoroolefins (HFOs) Market, By Product (USD Million)

5.1.3. North America Hydrofluoroolefins (HFOs) Market, By Application (Ton)

5.1.4. North AmericaHydrofluoroolefins (HFOs) Market, By Application (USD Million)

5.1.5. North America Hydrofluoroolefins (HFOs) Market, By Country

5.1.5.1. The U.S.

5.1.5.1.1. U.S. Hydrofluoroolefins (HFOs) Market Size (Ton)

5.1.5.1.2. U.S. Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.1.5.2. Canada

5.1.5.2.1. Canada Hydrofluoroolefins (HFOs) Market Size (Ton)

5.1.5.2.2. Canada Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.1.5.3. Mexico

5.1.5.3.1. Mexico Hydrofluoroolefins (HFOs) Market Size (Ton)

5.1.5.3.2. Mexico Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.2. EuropeHydrofluoroolefins (HFOs) Market

5.2.1. EuropeHydrofluoroolefins (HFOs) Market, By Product (Ton)

5.2.2. EuropeHydrofluoroolefins (HFOs) Market, By Product (USD Million)

5.2.3. EuropeHydrofluoroolefins (HFOs) Market, By Application (Ton)

5.2.4. EuropeHydrofluoroolefins (HFOs) Market, By Application (USD Million)

5.2.5. EuropeHydrofluoroolefins (HFOs) Market, By Country

5.2.5.1. The U.K.

5.2.5.1.1. U.K. Hydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.1.2. U.K. Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.2.5.2. Germany

5.2.5.2.1. GermanyHydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.2.2. GermanyHydrofluoroolefins (HFOs) Market Size (USD Million)

5.2.5.3. France

5.2.5.3.1. France Hydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.3.2. France Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.2.5.4. Italy

5.2.5.4.1. Italy Hydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.4.2. Italy Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.2.5.5. Russia

5.2.5.5.1. Russia Hydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.5.2. Russia Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.2.5.6. Rest of Europe

5.2.5.6.1. Rest of EuropeHydrofluoroolefins (HFOs) Market Size (Ton)

5.2.5.6.2. Rest of EuropeHydrofluoroolefins (HFOs) Market Size (USD Million)

5.3. Asia-PacificHydrofluoroolefins (HFOs) Market

5.3.1. Asia-Pacific Hydrofluoroolefins (HFOs) Market, By Product (Ton)

5.3.2. Asia-PacificHydrofluoroolefins (HFOs) Market, By Product (USD Million)

5.3.3. Asia-Pacific Hydrofluoroolefins (HFOs) Market, By Application (Ton)

5.3.4. Asia-PacificHydrofluoroolefins (HFOs) Market, By Application (USD Million)

5.3.5. Asia-Pacific Hydrofluoroolefins (HFOs) Market, By Country

5.3.5.1. China

5.3.5.1.1. China Hydrofluoroolefins (HFOs) Market Size (Ton)

5.3.5.1.2. China Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.3.5.2. Japan

5.3.5.2.1. Japan Hydrofluoroolefins (HFOs) Market Size (Ton)

5.3.5.2.2. Japan Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.3.5.3. India

5.3.5.3.1. India Hydrofluoroolefins (HFOs) Market Size (Ton)

5.3.5.3.2. India Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.3.5.4. Australia

5.3.5.4.1. Australia Hydrofluoroolefins (HFOs) Market Size (Ton)

5.3.5.4.2. Australia Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.3.5.5. Rest of Asia-Pacific

5.3.5.5.1. Rest of The APAC Hydrofluoroolefins (HFOs) Market Size (Ton)

5.3.5.5.2. Rest of The APAC Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.4. Middle East & Africa (MEA) Hydrofluoroolefins (HFOs) Market

5.4.1. Middle East & Africa (MEA) Hydrofluoroolefins (HFOs) Market, By Product (Ton)

5.4.2. Middle East & Africa (MEA)Hydrofluoroolefins (HFOs) Market, By Product (USD Million)

5.4.3. Middle East & Africa (MEA) Hydrofluoroolefins (HFOs) Market, By Application (Ton)

5.4.4. Middle East & Africa (MEA)Hydrofluoroolefins (HFOs) Market, By Application (USD Million)

5.4.5. Middle East & Africa (MEA) Hydrofluoroolefins (HFOs) Market, By Country

5.4.5.1. Saudi Arabia

5.4.5.1.1. Saudi Arabia Hydrofluoroolefins (HFOs) Market Size (Ton)

5.4.5.1.2. Saudi Arabia Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.4.5.2. Kuwait

5.4.5.2.1. KuwaitHydrofluoroolefins (HFOs) Market Size (Ton)

5.4.5.2.2. KuwaitHydrofluoroolefins (HFOs) Market Size (USD Million)

5.4.5.3. Rest of MEA

5.4.5.3.1. Rest of MEA Hydrofluoroolefins (HFOs) Market Size (Ton)

5.4.5.3.2. Rest of MEA Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.5. South AmericaHydrofluoroolefins (HFOs) Market

5.5.1. South AmericaHydrofluoroolefins (HFOs) Market, By Product (Ton)

5.5.2. South AmericaHydrofluoroolefins (HFOs) Market, By Product (USD Million)

5.5.3. South AmericaHydrofluoroolefins (HFOs) Market, By Application (Ton)

5.5.4. South AmericaHydrofluoroolefins (HFOs) Market, By Application (USD Million)

5.5.5. South AmericaHydrofluoroolefins (HFOs) Market, By Country

5.5.5.1. Brazil

5.5.5.1.1. Brazil Hydrofluoroolefins (HFOs) Market Size (Ton)

5.5.5.1.2. Brazil Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.5.5.2. Argentina

5.5.5.2.1. Argentina Hydrofluoroolefins (HFOs) Market Size (Ton)

5.5.5.2.2. Argentina Hydrofluoroolefins (HFOs) Market Size (USD Million)

5.5.5.3. Rest of South America

5.5.5.3.1. Rest ofSouth AmericaHydrofluoroolefins (HFOs) Market Size (Ton)

5.5.5.3.2. Rest of South AmericaHydrofluoroolefins (HFOs) Market Size (USD Million)

CHAPTER 6. Competitive Analysis

6.1. Company Market Share Analysis (2016)

6.2. Porters Five Forces Analysis

6.2.1. Bargaining Power of Buyers

6.2.2. Bargaining Power of Suppliers

6.2.3. Threat of New Entrants

6.2.4. Intensity of Rivalry

6.2.5. Threat of Substitutes

CHAPTER 7. Key Players and Strategic Developments

7.1. Arkema S.A. Corporation

7.1.1. Business Overview

7.1.2. Product and Service Offering

7.1.3. Financial Overview

7.1.4. Strategic Developments

7.2. Honeywell International Inc.

7.2.1. Business Overview

7.2.2. Product and Service Offering

7.2.3. Financial Overview

7.2.4. Strategic Developments

7.3. DowDuPont

7.3.1. Business Overview

7.3.2. Product and Service Offering

7.3.3. Financial Overview

7.3.4. Strategic Developments

7.4. The Chemours Company

7.4.1. Business Overview

7.4.2. Product and Service Offering

7.4.3. Financial Overview

7.4.4. Strategic Developments

7.5. Linde Group

7.5.1. Business Overview

7.5.2. Product and Service Offering

7.5.3. Financial Overview

7.5.4. Strategic Developments

7.6. Haltermann GmbH

7.6.1. Business Overview

7.6.2. Product and Service Offering

7.6.3. Financial Overview

7.6.4. Strategic Developments

7.7. Solvay S.A.

7.7.1. Business Overview

7.7.2. Product and Service Offering

7.7.3. Financial Overview

7.7.4. Strategic Developments

7.8. Foam Supplies Inc.

7.8.1. Business Overview

7.8.2. Product and Service Offering

7.8.3. Financial Overview

7.8.4. Strategic Developments

7.9. Lambiotte and Cie S.A/ N.V

7.9.1. Business Overview

7.9.2. Product and Service Offering

7.9.3. Financial Overview

7.9.4. Strategic Developments

7.10. DanfossA/S

7.10.1. Business Overview

7.10.2. Product and Service Offering

7.10.3. Financial Overview

7.10.4. Strategic Developments