R-142b 시장 : 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the r-142b market size is projected to be USD 322.26 million in 2025, USD 336.96 million in 2026, and reach USD 421.11 million by 2031, growing at a CAGR of 4.56% from 2026 to 2031.

This report is Segmented by Application (Air Conditioning, Refrigeration, and Foam Blowing), Purity Grade (Greater Than or Equal To 99. 9% (High-Purity) and Less Than 99. 9% (Industrial)), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global R-142b Market Trends and Insights

Rising PVDF-Binder Demand from Li-Ion Battery Gigafactories

The construction of battery gigafactories is a significant driver for the R-142b market. Lithium iron phosphate battery chemistries require 1.5-2 kilograms of polyvinylidene fluoride (PVDF) binder per megawatt-hour, resulting in an additional demand of 850-1,130 tons of R-142b feedstock annually. Arkema's expansion in Calvert City and Kureha's new Iwaki production line will collectively add over 23,000 tons of PVDF nameplate capacity by mid-2026. Furthermore, the International Finance Corporation's (IFC) December 2025 investment in Gujarat Fluorochemicals Limited (GFCL) EV Products marks India's entry into the battery-grade PVDF supply chain. Binder specifications are increasingly shifting toward fluorosurfactant-free grades, such as Kynar HSV 900, which enable higher energy density and command premium pricing. Consequently, a growing portion of the R-142b market is now tied to long-term battery offtake agreements rather than spot refrigerant sales.

Expanding Fluorochemical Capacity Integration in China and India

Between 2024 and 2026, over 120,000 tons of annual fluorochemical capacity became operational in China and India, reducing conversion costs by up to 22% compared to merchant-feedstock models. Projects like SRF Limited's USD 894 million Dahej complex and Gujarat Fluorochemicals Limited's plan for approximately 30,000 tons of captive R-142b capacity highlight a shift toward backward integration in the R-142b market. Chinese producers benefit from subsidized fluorspar mining and low-cost energy, providing them with a competitive export advantage even after accounting for logistics and tariff costs. Additionally, Daikin's January 2026 launch of Daikin Chemical India Private Limited aims to support India's growing semiconductor and battery industries, potentially driving future local demand for R-142b. These integrated capacity expansions are reshaping the global cost structure and intensifying market competition.

Montreal Protocol Phase-Out for Non-Feedstock Uses

Developed countries are required to eliminate HCFC production by 2030, while Article 5 countries must follow by 2040. This will reduce legacy refrigerant and foam-blowing demand by 35-40% during the forecast period. China plans to cut its national HCFC quota by 12,200 tons for 2026 and will phase out HCFC-22 in VRF systems by January 2027, removing a key blend component that previously absorbed R-142b. In the United States, new VRF equipment using high-GWP HFCs will be banned starting in 2027, further limiting end-market volumes. The European Union's 2024/573 Regulation prohibits servicing equipment with GWP greater than or equal to 150 from 2030, leaving inventories stranded in systems dependent on R-142b-rich blends. Additionally, stricter leak-repair thresholds are expected to reduce make-up volumes, weakening refrigerant demand.

Other drivers and restraints analyzed in the detailed report include:

1. Growing Demand from Refrigeration and Blowing-Agent Blends
2. Kigali Allowance for Feedstock Exemptions Sustaining Supply
3. Commercial Availability of Ultra-Low-GWP Substitutes

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

In 2025, refrigeration accounted for 47.82% of the R-142b market share. However, its growth is limited due to Environmental Protection Agency (EPA) regulations mandating reclaimed-only servicing for supermarket systems starting January 2029. Air-conditioning, which represents approximately one-fifth of the total demand, is declining as original equipment manufacturers (OEMs) transition to alternatives like R-32 or R-454B to meet efficiency and global warming potential (GWP) requirements. Foam blowing, while a smaller segment, is projected to grow at the fastest rate with a compound annual growth rate (CAGR) of 4.78%, driven by Chinese polyurethane manufacturers phasing out hydrochlorofluorocarbon-141b (HCFC-141b) by 2028. Additionally, demand for polyvinylidene fluoride (PVDF) and polyvinyl fluoride (PVF) feedstock is increasing at a faster pace, diverting high-purity R-142b molecules from commodity applications. Incremental PVDF capacity expected through 2028 will require an additional 12,000-15,000 tons of R-142b feedstock, further shifting the market focus toward specialty polymers.

As feedstock applications expand, producers are prioritizing long-term supply agreements with battery and semiconductor manufacturers. These agreements often include bundling R-142b with downstream polymer tolling to maximize value. This strategic shift is evident in collaborations such as the Chemours-SRF joint venture, which consolidates procurement volumes to secure allocations under tightening quotas. By 2031, the R-142b market share attributed to feedstock applications is expected to surpass refrigerant and foam-blowing uses, redefining demand patterns and pricing structures.

Complete Report Scope:

• By Application
  • Air Conditioning
  • Refrigeration
  • Foam Blowing
• By Purity Grade
  • Greater than or equal to 99.9% (High-purity)
  • Less than 99.9% (Industrial)
• By Geography
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • Spain
    • Italy
    • France
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle-East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle-East and Africa

Geography Analysis

Asia-Pacific accounted for 45.76% of the projected 2025 market value and is expected to grow at a compound annual growth rate (CAGR) of 4.66% through 2031. This growth is driven by major Chinese companies such as Dongyue, Zhejiang Juhua, and Sinochem Lantian, which collectively control approximately 50% of global nameplate capacity. India is the fastest-growing sub-region, supported by SRF's USD 894 million fluoropolymer complex and Gujarat Fluorochemicals' planned 30,000-ton R-142b unit designed for captive polyvinylidene fluoride (PVDF) production. Japan continues to play a significant role in the high-purity segment, with companies like Kureha and Daikin supplying Korean and domestic battery plants transitioning to next-generation chemistries.

The Environmental Protection Agency's (EPA) allowance system limits production to 229.5 million metric tons of carbon dioxide equivalent (MTEVe) for 2026. Despite this, PVDF capacity expansions at Arkema's Calvert City facility and the Chemours-SRF partnership are expected to support feedstock demand. The implementation of reclaimed-only servicing rules in 2029 will redirect virgin supply from refrigeration applications to polymers, tightening the local commodity pool and emphasizing the strategic importance of integrated production capacity.

The European Union (EU) Regulation 2024/573 mandates a reduction in quotas to 10% of baseline levels by 2027-2029 and introduces a EUR 3 (USD 3.53) per ton carbon dioxide (CO2)-equivalent fee starting January 2026, increasing costs for high-global warming potential (GWP) imports. In response, European original equipment manufacturers (OEMs) are accelerating the adoption of CO2, hydrocarbons, and hydrofluoroolefins (HFOs). Additionally, PVDF demand is increasingly being met by Asian manufacturers exporting high-purity pellets outside the quota system. South America and the Middle East & Africa collectively contribute less than 10% of global revenue. However, these regions present growth opportunities in hot-climate heating, ventilation, and air conditioning (HVAC) systems and emerging battery industries, supported by investments aligned with the Belt and Road Initiative.

1. Arkema
2. Daikin Industries Ltd.
3. DONGYUE GROUP
4. Foam Supplies Inc.
5. GFL
6. Halopolymer OJSC
7. Kureha
8. Linde plc
9. Navin Fluorine Int'l Ltd.
10. Quimobasicos S.A.
11. Shandong Huaan New Material Co., Ltd.
12. Shanghai Huayi Sanaifu New Materials Co., Ltd.
13. SINOCHEM LANTIAN CO., LTD.
14. Taixing Meilan Chemical Co., Ltd.
15. Zhejiang Juhua Co., Ltd.
16. Zhejiang Sanmei Chemical Incorporated Company

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising PVDF-binder demand from Li-ion battery gigafactories
  • 4.2.2 Expanding fluorochemical capacity integration in China and India
  • 4.2.3 Increasing use as feedstock for fluoropolymers (PVDF, PVF)
  • 4.2.4 Growing demand from refrigeration and blowing-agent blends
  • 4.2.5 Kigali allowance for feed-stock exemptions sustaining supply
• 4.3 Market Restraints
  • 4.3.1 Montreal-Protocol phase-out for non-feedstock uses
  • 4.3.2 Commercial availability of ultra-low-GWP substitutes (HFO-1234yf, CO2)
  • 4.3.3 Volatile HF and chloroform input costs squeezing margins
• 4.4 Value Chain Analysis
• 4.5 Porter's Five Forces
  • 4.5.1 Threat of New Entrants
  • 4.5.2 Bargaining Power of Suppliers
  • 4.5.3 Bargaining Power of Buyers
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Application
  • 5.1.1 Air Conditioning
  • 5.1.2 Refrigeration
  • 5.1.3 Foam Blowing
• 5.2 By Purity Grade
  • 5.2.1 Greater than or equal to 99.9% (High-purity)
  • 5.2.2 Less than 99.9% (Industrial)
• 5.3 By Geography
  • 5.3.1 Asia-Pacific
    • 5.3.1.1 China
    • 5.3.1.2 India
    • 5.3.1.3 Japan
    • 5.3.1.4 South Korea
    • 5.3.1.5 Rest of Asia-Pacific
  • 5.3.2 North America
    • 5.3.2.1 United States
    • 5.3.2.2 Canada
    • 5.3.2.3 Mexico
  • 5.3.3 Europe
    • 5.3.3.1 Germany
    • 5.3.3.2 United Kingdom
    • 5.3.3.3 Spain
    • 5.3.3.4 Italy
    • 5.3.3.5 France
    • 5.3.3.6 Rest of Europe
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle-East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 South Africa
    • 5.3.5.3 Rest of Middle-East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share(%)/Ranking Analysis
• 6.4 Company Profiles (includes Global Overview, Market Overview, Core Segments, Financials, Strategic Information, Products and Services, and Recent Developments)
  • 6.4.1 Arkema
  • 6.4.2 Daikin Industries Ltd.
  • 6.4.3 DONGYUE GROUP
  • 6.4.4 Foam Supplies Inc.
  • 6.4.5 GFL
  • 6.4.6 Halopolymer OJSC
  • 6.4.7 Kureha
  • 6.4.8 Linde plc
  • 6.4.9 Navin Fluorine Int'l Ltd.
  • 6.4.10 Quimobasicos S.A.
  • 6.4.11 Shandong Huaan New Material Co., Ltd.
  • 6.4.12 Shanghai Huayi Sanaifu New Materials Co., Ltd.
  • 6.4.13 SINOCHEM LANTIAN CO., LTD.
  • 6.4.14 Taixing Meilan Chemical Co., Ltd.
  • 6.4.15 Zhejiang Juhua Co., Ltd.
  • 6.4.16 Zhejiang Sanmei Chemical Incorporated Company

7 Market Opportunities and Future Outlook

• 7.1 White-space and Unmet-need Assessment