Report overview
Automobile refrigerant is a product used in automobile air conditioning and cooling.Regarding refrigerants, the EU?s action was a precursor for what transpired the US. In 2015, the Environmental Protection Agency (EPA) announced a new rule under their Significant New Alternatives Policy, or SNAP, called Rule 20. This rule dictated the eventual phase out of HFC refrigerants, including R-134a, across the United States. The basis of the rule was that by the year 2020, or MY 2021, all new manufactured or imported vehicles would not be able to use R-134a. There is room for a few exclusions, but these can only push the date back to 2025. There are three refrigerants that can be used to replace R-134a: R-1234yf, R-152a and R-744. More on these replacements later. An interesting fact about the phase out of R-134a is that unlike the switch from R-12 to R-134a, there will be no mandatory reduction in production or imports of the refrigerant, which means that supplies of R-134a should be stable both in availability and cost. However, the demand will start shrinking with each passing year because no new vehicles after 2020 will be able to use it. Over the next 10 or so years, vehicles that use R-134a will inevitably end up in junk yards and the production of R-134a will be reduced, then disappear completely. Instead of a phase out, R-134a will be economically starved out of existence.
This report aims to provide a comprehensive presentation of the global market for Automotive Alternative Refrigerant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Alternative Refrigerant. This report contains market size and forecasts of Automotive Alternative Refrigerant in global, including the following market information:
Global Automotive Alternative Refrigerant Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Alternative Refrigerant Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Automotive Alternative Refrigerant companies in 2022 (%)
The global Automotive Alternative Refrigerant market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
R-1234yf Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Alternative Refrigerant include Honeywell, Oz-Chill, DuPont, Chemours and Enviro-Safe, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Alternative Refrigerant manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Alternative Refrigerant Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Automotive Alternative Refrigerant Market Segment Percentages, by Type, 2022 (%)
R-1234yf
R-152a
R-744
Others
Global Automotive Alternative Refrigerant Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Automotive Alternative Refrigerant Market Segment Percentages, by Application, 2022 (%)
Commercial Vehicle
Passenger Var
Global Automotive Alternative Refrigerant Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Automotive Alternative Refrigerant Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Alternative Refrigerant revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Alternative Refrigerant revenues share in global market, 2022 (%)
Key companies Automotive Alternative Refrigerant sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Automotive Alternative Refrigerant sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honeywell
Oz-Chill
DuPont
Chemours
Enviro-Safe
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Alternative Refrigerant, market overview.
Chapter 2: Global Automotive Alternative Refrigerant market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Alternative Refrigerant manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Alternative Refrigerant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Alternative Refrigerant capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
