Global Fluorocarbon Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Chlorofluorocarbons, Fluoropolymers, Hydrochlorofluorocarbons, and Hydrofluorocarbons.

By Molecule Structure;

Biodegradable, Ozone Safe, and Ozone-Depleters.

By Application;

Refrigeration, Air-Conditioning, Polymer Feedstocks, and Others.

By End-User;

Householdand and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn159305481 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Fluorocarbon Market (USD Million), 2021 - 2031

In the year 2024, the Global Fluorocarbon Market was valued at USD 15,876.75 million. The size of this market is expected to increase to USD 17,865.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.7%.

The global fluorocarbon market is a dynamic and vital sector, driven by the unique chemical properties of fluorocarbon compounds. These compounds, consisting of carbon and fluorine atoms, are known for their high thermal stability, chemical inertness, and low surface energy, making them indispensable in various industrial and commercial applications. Fluorocarbons are widely used as refrigerants, propellants, solvents, and in the production of fluoropolymers, which find applications in sectors such as electronics, automotive, construction, and healthcare. The market is shaped by ongoing innovations in product development and increasing demand for high-performance materials across multiple industries.

Refrigerants form a significant segment of the fluorocarbon market, particularly with the use of hydrofluorocarbons (HFCs) and newer-generation hydrofluoroolefins (HFOs). These compounds are critical in the HVAC and refrigeration industries, which have seen consistent growth due to rising urbanization, industrialization, and demand for efficient cooling solutions. However, environmental concerns over the global warming potential (GWP) of certain fluorocarbons have driven the development of more eco-friendly alternatives. Regulatory measures aimed at reducing the environmental impact of fluorocarbon emissions are fostering innovation in sustainable refrigerants, positioning the market for a transition toward greener solutions.

In addition to refrigerants, fluorocarbons play an essential role in other applications, such as nonstick coatings, electrical insulation, and as intermediates in chemical manufacturing. Industries such as electronics and automotive increasingly rely on fluorocarbon-based materials for their superior performance

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Molecule Structure
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Geography
  4. Global Fluorocarbon Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Refrigerants in HVAC and Refrigeration Systems
        2. Expanding Applications in Automotive and Aerospace Sectors
        3. Growth in Electronics and Semiconductor Industries
        4. Increasing Use of Fluoropolymers in High-Performance Applications
        5. Advancements in Healthcare and Pharmaceutical Packaging
      2. Restraints
        1. Stringent Environmental Regulations on Fluorocarbon Emissions
        2. High Production Costs of Fluorocarbon-Based Materials
        3. Transition to Eco-Friendly Alternatives in Refrigeration and Cooling
        4. Limited Availability of Raw Materials for Certain Fluorocarbons
      3. Opportunities
        1. Development of Low-Global Warming Potential (GWP) Fluorocarbons
        2. Expansion in Emerging Markets with Growing Industrialization
        3. Innovations in Fluorocarbon-Based Specialty Products
        4. Rising Demand for High-Performance Materials in Renewable Energy Systems
        5. Increased Focus on Sustainable Production Processes
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Fluorocarbon Market, By Type, 2021 - 2031 (USD Million)
      1. Chlorofluorocarbons
      2. Fluoropolymers
      3. Hydrochlorofluorocarbons
      4. Hydrofluorocarbons
    2. Global Fluorocarbon Market, By Molecule Structure, 2021 - 2031 (USD Million)
      1. Biodegradable
      2. Ozone Safe
      3. Ozone-Depleters
    3. Global Fluorocarbon Market, By Application, 2021 - 2031 (USD Million)
      1. Refrigeration
      2. Air-Conditioning
      3. Polymer Feedstocks
      4. Others
    4. Global Fluorocarbon Market, By End-User, 2021 - 2031 (USD Million)
      1. Householdand
      2. Industrial
    5. Global Fluorocarbon Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. AGC Chemicals Americas
      3. Air Products and Chemicals
      4. Arkema S.A
      5. Daikin Industries, Ltd.
      6. DIC Corporation
      7. Dongyue Group
      8. DuPont de Nemours
      9. DYNAX Corporation
      10. Evantic
      11. Fluorocarbon Group
      12. Fluorsid S.p.A
  7. Analyst Views
  8. Future Outlook of the Market