Top Fluorochemicals Companies

Global Fluorochemicals Market size was valued at USD 27.88 Billion in 2024 and is poised to grow from USD 29.33 Billion in 2025 to USD 43.99 Billion by 2033, growing at a CAGR of 5.2% in the forecast period (2026–2033).

The fluorochemicals market is marked by strategic expansions and sustainability-driven innovations. For instance, Chemours is investing in low global warming potential (GWP) refrigerants like Opteon™, aligning with tightening environmental regulations. Meanwhile, Daikin Industries focuses on backward integration and R&D to strengthen its supply chain and proprietary technologies. Honeywell has capitalized on its Solstice® product line to secure contracts in automotive and HVAC sectors, enhancing competitive positioning. 'Koura Global (Established in 2020): A subsidiary of Orbia, their main objective is to develop next-gen fluorinated gases with ultra-low GWP. In 2023, they launched Klea® 456A, a sustainable refrigerant alternative aimed at replacing R-134a in automotive air conditioning systems.', 'Evercloak (Established in 2018): Their main objective is to commercialize nanomaterials that reduce fluoropolymer usage. The company received Canadian government funding in 2022 to scale its membrane technology that uses minimal perfluorinated compounds for HVAC and energy systems, positioning it as a sustainable innovation in the sector.', '3M (USA)', 'DuPont (USA)', 'DAIKIN INDUSTRIES, Ltd. (Japan)', 'Solvay (Belgium)', 'Asahi India Glass Limited (India)', 'Arkema (France)', 'Honeywell International Inc. (USA)', 'DONGYUE GROUP (China)', 'Pelchem SOC Ltd (South Africa)', 'Air Products and Chemicals, Inc. (USA)', 'Mitsui Chemicals India Pvt. Ltd. (Japan)', 'Halocarbon, LLC (USA)', 'Koura (UK, subsidiary of Orbia)', 'AGC Inc. (Japan)', 'Tosoh Corporation (Japan)', 'Linde plc (UK)', 'Gujarat Fluorochemicals Ltd. (India)', 'Navin Fluorine International Ltd. (India)', 'SRF Limited (India)', 'Shandong Huaxia Shenzhou New Material Co., Ltd. (China)'

The development of the refrigeration and air conditioning sectors, particularly in new economies, is a major part of the expansion of the fluorochemicals market. Fluorocarbons, specifically hydrofluorocarbons (HFCs), have thermal stability and are efficient refrigerants and are a critical part of cooling systems (residential, commercial, and industrial).

the fluorochemicals market toward environmentally friendly refrigerants, influenced mainly through the worldwide impact of environmental regulations such as the Kigali Amendment. Manufacturers are seeking alternatives to traditional hydrofluorocarbons (HFC)s through the adoption of low-global warming potential (GWP) alternatives such as hydrofluoroolefins (HFOs), especially outside the traditional HVAC and automotive applications where energy-efficient cooling is increasingly important.

In the year 2023, the Asia Pacific fluorochemicals market represented a significant portion of the overall market at 50.8% due to fast-paced industrialization and urbanization in nations such as China, India, and Japan. Much of the market growth is driven by the booming construction sector, and in particular, infrastructure and urban housing projects. The Asia Pacific region is also a major producer of semiconductors and flat display panels based products, as well as other electronic parts that rely on fluorochemicals to manufacture. The demand for consumer electronics and technological advances are also contributing to the growth of the overall market.