HCFC Refrigerant Market Faces Regulatory Pressures but Sees Transitional Demand Across Key Sectors

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The HCFC Refrigerant Market remains a pivotal segment in global cooling and refrigeration systems, particularly in legacy HVAC, refrigeration, and foam-blowing applications. Although gradually being phased out due to environmental regulations, Hydrochlorofluorocarbon (HCFC) refrigerants continue to be used in existing infrastructure, especially in developing regions and retrofit systems.

HCFC Refrigerant Market Report | Global Forecast From 2025 To 2033
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HCFC Refrigerant Market Report | Global Forecast From 2025 To 2033

The HCFC refrigerant market size was estimated at USD 1.5 billion in 2023 and is forecasted to reach USD 2.1 billion by 2032, growing at a CAGR of approximately 3.8% during the forecast period.