Barbara Haviland Minor

Global R22 Refrigerant Market Forecast to 2025 - Featuring Airgas Refrigerants, Arkema & Chemours Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 20, 2020
Chemicals, Plastics, Construction & Property, Building Systems, Manufacturing, Heating, ventilating, and air conditioning, Physical sciences, Chemistry, Science and technology, Air conditioning, Daikin, Refrigerant, R22, Refrigeration, Barbara Haviland Minor

The R22 Refrigerant Market size is forecast to reach $4.87 billion by 2025, after growing at a CAGR of 5.48% during 2020-2025.

Key Points: 
  • The R22 Refrigerant Market size is forecast to reach $4.87 billion by 2025, after growing at a CAGR of 5.48% during 2020-2025.
  • The R22 refrigerant market is driven by refrigeration and air-conditioning application across a wide range of temperatures.
  • Asia-Pacific dominates the R22 refrigerant market owing to strong consumption of air conditioners in China, Japan, and other developing countries.
  • Major players in the R22 refrigerant Market are Airgas Refrigerants Inc., Arkema, Chemours, Linde Gas, Honeywell, Daikin Industries, and DuPont Chemicals, among others.

Chemours Receives ACC Sustainability Leadership Award for Developing Opteon™ Refrigerants

Retrieved on: 
Tuesday, June 4, 2019
Refrigerants, Chemical compounds, Chemistry, Organofluorides, Physical sciences, 2,3,3,3-Tetrafluoropropene, Ozone depletion, Heating, ventilating, and air conditioning, Ozone depletion potential, Air conditioning, Barbara Haviland Minor, Hydrofluoroolefin

Opteon refrigerants have zero ozone depletion potential (ODP) and very low Global Warming Potential (GWP).

Key Points: 
  • Opteon refrigerants have zero ozone depletion potential (ODP) and very low Global Warming Potential (GWP).
  • In mobile air conditioning, Chemours expects over 145 million vehicles on the road to be using Opteon YF (HFO-1234yf) by the end of 2020.
  • Additionally, last year Chemours announced a multi-year partnership with the National Hockey League focused on providing Opteon refrigerants to hockey rinks across North America.
  • These goals are aligned with the United Nations Sustainable Development Goals and include developing and marketing products like Opteon, which contribute to broader sustainability efforts.

Chemours Triples Capacity of Opteon™ YF with Startup of New U.S. Production Facility

Retrieved on: 
Tuesday, February 12, 2019
Refrigerants, Chemistry, Heating, ventilating, and air conditioning, Chemical compounds, Physical sciences, Organofluorides, 2,3,3,3-Tetrafluoropropene, Industrial gases, Chiller, Air conditioning, Mark P. Vergnano, Barbara Haviland Minor

"The startup completes the final phase of the $300 million project we started in 2016, which triples supply capacity of Opteon YF across multiple industries and applications," said Mark Vergnano, Chemours president and CEO.

Key Points: 
  • "The startup completes the final phase of the $300 million project we started in 2016, which triples supply capacity of Opteon YF across multiple industries and applications," said Mark Vergnano, Chemours president and CEO.
  • The Opteon YF (HFO-1234yf) refrigerant production facility is the largest such facility in the world.
  • Our Opteon YF refrigerant used in automotive air conditioning has a GWP that is 99.9% lower than the refrigerant it replaces.
  • The expanded capacity will also enable Chemours to meet the growing need for next-generation refrigerants in stationary air conditioning, refrigeration, and chillers.