Global Hydrofluoroolefins (HFOs) Production, key Producers and Capacity Analysis, (2024 – 2030)

Who are the top ten producers of Hydrofluoroolefins (HFOs) globally

1. The Chemours Company (Opteon®)

Chemours is one of the leading producers of Hydrofluoroolefins (HFOs) globally. With a production capacity exceeding 1 million metric tons annually, Chemours has invested heavily in expanding its HFO‑1234yf facilities, including a major site in Corpus Christi, Texas. The company markets its HFO products under the Opteon® brand and serves various segments such as automotive air conditioning, commercial refrigeration, and foam blowing.

Its target markets include the automotive sector, where HFO‑1234yf has replaced high-GWP refrigerants, and the commercial and industrial refrigeration segments across North America, Europe, and parts of Asia. Chemours has also developed specialized blends for heat pumps and chillers, aligning with low-GWP and energy-efficient applications. Its vertically integrated operations and proprietary technologies offer it a competitive edge in global Hydrofluoroolefins (HFOs) production.

2. Honeywell International Inc. (Solstice®)

Honeywell is a major global player in HFOs, offering a comprehensive Solstice® product line. Its production capacity is estimated to be close to that of Chemours, with facilities located in the United States and Europe. Honeywell focuses on HFO‑1234yf, HFO‑1234ze, and HFO‑1233zd, catering to applications ranging from automotive cooling to industrial chillers and foam insulation.

The company serves a broad range of markets including automotive original equipment manufacturers (OEMs), building and construction industries, and the consumer aerosol market. Honeywell’s R&D capabilities and global distribution network make it a dominant force among HFOs producers, with a strong presence in sustainability-driven markets.

3. Arkema S.A. (Forane®)

Arkema is a well-established European HFOs producer with a growing global footprint. Its Forane® product line includes HFO blends that are widely used in commercial refrigeration, air conditioning, and foam blowing applications. The company has been expanding its HFO production capacity in North America and Asia to meet global demand.

Arkema primarily targets retail refrigeration, industrial refrigeration, and building insulation markets. Its products serve both OEM and aftermarket customers, and the company has tailored solutions for retrofitting existing equipment to use HFO blends. Arkema’s focus on environmentally friendly and energy-efficient solutions reinforces its position as a leading Hydrofluoroolefins (HFOs) producer.

4. Daikin Industries, Ltd.

Daikin is a unique player in the HFOs market due to its dual role as both a refrigerant producer and HVAC equipment manufacturer. With a growing production capacity concentrated in Asia, Daikin focuses on low-GWP refrigerants like HFO‑1132a and HFO-based blends.

Daikin’s target markets include residential and commercial air conditioning systems, particularly in Japan, Southeast Asia, and other emerging regions. Its ability to integrate HFOs into its HVAC products provides it with a strategic advantage in delivering system-level energy and emissions performance. Daikin is also investing in local manufacturing to address regional demand and regulations.

5. Sinochem Group

Sinochem is a prominent state-owned enterprise in China and a rising global competitor in Hydrofluoroolefins (HFOs) production. Its primary focus is on HFO‑1234yf, with a production facility in Shandong province capable of producing tens of thousands of metric tons per year.

The company’s target segments include China’s automotive air conditioning market, industrial cooling systems, and HVAC applications. Sinochem benefits from strong domestic demand, favorable regulatory policies, and cost advantages in production. It is also gradually expanding into international markets, particularly in Asia and Africa.

6. Dongyue Group

Dongyue Group is another key Chinese producer of HFOs, with rapidly expanding production capacity and a focus on global export markets. The company has invested significantly in the fluorochemicals segment and produces a range of HFO products for various industrial uses.

Its target markets include foam blowing agents, industrial refrigerants, and solvents used in manufacturing and electronics. Dongyue's focus on R&D and product innovation supports its goal of becoming a dominant force in HFO production across Asia and other regions. The company also benefits from large-scale integrated manufacturing operations and regional distribution strength.

7. Zhejiang Huanxin Fluoro Material Co., Ltd.

Zhejiang Huanxin is one of the largest HFOs producers in China, with an increasing presence in global markets. It specializes in the production of HFO‑1234yf and HFO‑1234ze, with a focus on cost-effective manufacturing and large-volume output.

The company targets automotive air conditioning, building insulation, and industrial refrigeration sectors. Zhejiang Huanxin is recognized for its strong production capacity, operational efficiency, and ability to scale quickly. It is increasingly exporting to markets in Southeast Asia, the Middle East, and Latin America.

8. Shanghai 3F New Materials Co., Ltd.

Shanghai 3F is a leading Chinese fluorochemical company with an expanding role in HFOs production. It focuses on developing and manufacturing advanced HFO refrigerants and foam-blowing agents, with large-scale plants supporting high-volume output.

The company serves a range of target markets including electronics cooling, refrigeration, and building insulation. Shanghai 3F is strengthening its export presence and forming partnerships with equipment manufacturers to integrate its HFOs into a wider range of applications. Its strategic location and domestic market access make it a strong competitor.

9. Mexichem S.A.B. de C.V. (Orbia)

Mexichem, now part of Orbia, is a Latin American chemical company with a growing footprint in the global HFOs market. It produces HFO-based refrigerants and foam agents for applications across the Americas, with facilities supporting mid-sized production capacity.

Mexichem targets residential and commercial HVAC markets, foam insulation producers, and automotive applications. The company’s strength lies in its vertically integrated operations, from raw materials to final distribution. As Latin America adopts stricter refrigerant regulations, Mexichem is well-positioned to capitalize on regional demand.

10. SRF Limited / Gujarat Fluorochemicals Limited

India’s SRF Limited and Gujarat Fluorochemicals are prominent regional producers of HFOs. These companies are expanding their production capacity to meet increasing demand for low-GWP refrigerants in India and neighboring countries.

They target HVAC, refrigeration, and foam-blowing markets, and are developing new product lines for automotive and industrial cooling applications. With the Indian government promoting green refrigerants under its climate commitments, these companies are investing in R&D and infrastructure to become major players in global Hydrofluoroolefins (HFOs) production.

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Top five largest Hydrofluoroolefins (HFOs) producing countries globally

1. United States

The United States leads global Hydrofluoroolefins (HFOs) production, driven by major corporations like Chemours and Honeywell. These companies operate large-scale manufacturing facilities across the country, particularly in states like Texas and Louisiana. The U.S. accounts for a significant share of global HFO output, with production capacity reaching hundreds of thousands of metric tons annually.

The U.S. has strong technological infrastructure and a highly developed chemical manufacturing sector. It also benefits from strict environmental regulations such as the AIM Act, which have accelerated the shift toward low-GWP refrigerants. The domestic market, especially in automotive and HVAC sectors, fuels internal demand while also supporting exports to Europe, Latin America, and Asia.

2. China

China is the second-largest producer of Hydrofluoroolefins globally, with rapid capacity expansion over the last decade. Chinese producers such as Sinochem, Dongyue Group, and other fluorochemical companies have established HFO production lines to meet both domestic and international demand. Production capacity in China is increasing annually due to rising demand for refrigerants in air conditioning, automotive, and insulation markets.

China benefits from low-cost raw materials, large industrial zones, and government support for green technologies. As environmental policies tighten globally, Chinese manufacturers are investing in R&D and infrastructure to scale up HFO production and become key global suppliers.

3. Japan

Japan ranks third in global Hydrofluoroolefins (HFOs) production, led primarily by Daikin Industries. As a leader in HVAC and fluorochemical innovation, Japan has developed proprietary technologies to manufacture HFOs efficiently and sustainably. Japanese manufacturers focus on high-performance blends and specialized refrigerants suitable for residential and commercial applications.

Japan’s production capacity is smaller than that of the U.S. and China but is highly advanced in terms of quality and application-specific customization. The country’s strong environmental regulations and commitment to carbon neutrality support continued investment in low-GWP refrigerant technologies.

4. France

France, home to Arkema, is one of Europe’s primary centers for HFO production. The country plays a critical role in the European refrigerants market, supplying HFOs for foam-blowing, refrigeration, and HVAC systems across the continent. French production capacity is steadily growing, with a focus on energy-efficient and low-emission chemical processes.

Arkema’s presence in France ensures the country remains a key player in both the production and innovation of Hydrofluoroolefins. France also benefits from EU regulations that favor the use of low-GWP substances, ensuring consistent demand and industry support.

5. India

India is an emerging producer of Hydrofluoroolefins, with companies like SRF Limited and Gujarat Fluorochemicals investing in new HFO manufacturing capacity. As domestic demand for low-GWP refrigerants increases due to climate initiatives and urban growth, India is scaling up its production capabilities.

India’s HFO production currently serves both domestic HVAC and industrial segments, with plans to expand into global markets. The country’s chemical manufacturing base, cost advantages, and government backing position it as a future leader in Hydrofluoroolefins (HFOs) production.

Hydrofluoroolefins (HFOs) production trends

Hydrofluoroolefins (HFOs) production trends have evolved rapidly in recent years as global industries shift toward environmentally sustainable refrigerants and foam-blowing agents. HFOs are recognized for their ultra-low global warming potential (GWP), zero ozone depletion potential (ODP), and short atmospheric lifetimes, making them ideal replacements for older hydrofluorocarbons (HFCs). These trends are shaping the development, investment, and expansion strategies in HFOs production worldwide.

One of the most significant trends in Hydrofluoroolefins (HFOs) production is the large-scale investment by major chemical companies. Producers are expanding capacity through new plants and upgrading existing facilities to meet growing demand in the automotive, refrigeration, air conditioning, and building insulation sectors. Countries like the United States and China have become hubs for large-scale production, while emerging economies such as India are rapidly increasing their output through domestic and joint venture investments.

Another key trend is the diversification of HFO product types and blends. While HFO-1234yf remains the most widely produced variant due to its use in automotive air conditioning, producers are now offering a broader range of blends that combine HFOs with small percentages of HFCs to enhance performance. These blended refrigerants are tailored for specific applications such as heat pumps, commercial refrigeration, and industrial chillers. This product diversification supports market flexibility and compliance with local environmental regulations.

Geographically, there is a clear shift toward regionalized production and supply chain resilience. Manufacturers are building plants closer to end-use markets to reduce logistics costs and improve delivery times. This is particularly evident in Asia and Europe, where producers are responding to local regulatory mandates and customer preferences. Additionally, political and environmental concerns are pushing companies to reduce dependence on single-source imports, further encouraging localized Hydrofluoroolefins (HFOs) production.

The regulatory environment is a major driver of HFOs production trends. International agreements such as the Kigali Amendment to the Montreal Protocol, along with national climate policies, are accelerating the phase-down of high-GWP substances and boosting demand for HFOs. Governments are offering incentives, subsidies, and technical support for the adoption of low-GWP alternatives, leading to a surge in production investment and product innovation.

Technological advancement also plays a critical role in shaping HFOs production trends. Producers are investing in advanced manufacturing techniques that reduce energy use, minimize emissions, and optimize yields. In parallel, R&D is focused on developing new formulations with improved thermal efficiency, compatibility, and safety characteristics. Innovation is especially active in blends designed for retrofitting existing equipment, allowing industries to transition more easily to HFO-based systems.

Sustainability is now central to HFOs production strategies. Companies are aligning their operations with circular economy principles, aiming to reduce greenhouse gas emissions throughout the refrigerant life cycle. This includes investments in reclaiming, recycling, and reusing refrigerants, along with the design of closed-loop systems.