The Global R-407H Refrigerant Market was valued at USD 168.2 million in 2023 and is projected to reach USD 235.7 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This growth is driven by the phase-out of ozone-depleting refrigerants, increasing demand for energy-efficient cooling solutions, and expanding applications in commercial refrigeration and air conditioning systems.
As the industry transitions toward lower-GWP alternatives, key manufacturers are innovating with sustainable refrigerant technologies. This blog profiles the Top 10 Companies in the R-407H Refrigerant Industry—market leaders who are shaping the future of cooling solutions through technological advancements and regulatory compliance.
🔟 1. Daikin Industries, Ltd.
Headquarters: Osaka, Japan
Key Offering: R-407H under Genetron® brand
Daikin leads the global HVAC-R market with its vertically integrated refrigerant production capabilities. The company’s R-407H is widely used as a retrofit solution for R-22 systems across commercial and industrial applications.
Innovation Highlights:
- Patented formulation with optimized performance characteristics
- Comprehensive technical support for system conversions
- Significant R&D investment in next-generation refrigerants
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R-407H Refrigerant Market – View in Detailed Research Report
9️⃣ 2. Honeywell International Inc.
Headquarters: Charlotte, North Carolina, USA
Key Offering: Genetron® Performax LT (R-407H)
Honeywell’s Fluorine Products division is a pioneer in refrigerant technology, offering high-performance R-407H solutions with superior thermodynamic properties for various cooling applications.
Innovation Highlights:
- Advanced purification technology ensuring 99.95%+ purity
- Global technical support network for HVAC-R applications
- Comprehensive portfolio of sustainable refrigerant solutions
8️⃣ 3. The Chemours Company
Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ and Freon™ branded refrigerants
Chemours maintains significant production capacity for R-407H through its extensive fluorochemical expertise, focusing on solutions that meet evolving regulatory requirements while maintaining system efficiency.
Innovation Highlights:
- Proprietary manufacturing processes ensuring product consistency
- Lifecycle management programs for refrigeration systems
- Ongoing investment in low-GWP alternatives
7️⃣ 4. Arkema S.A.
Headquarters: Colombes, France
Key Offering: Forane® 407H refrigerant
Arkema specializes in refrigerant blends for European and Asian markets, with particular expertise in industrial refrigeration applications requiring precise temperature control.
Innovation Highlights:
- ISO 9001-certified manufacturing facilities
- Dedicated technical service teams for system optimization
- Active participation in refrigerant reclamation initiatives
Download FREE Sample Report:
R-407H Refrigerant Market – View in Detailed Research Report
6️⃣ 5. Mexichem (Orbia)
Headquarters: Tlalnepantla, Mexico
Key Offering: R-407H under Koura brand
Operating as Orbia, the company is a leading supplier of fluorinated solutions in the Americas, offering R-407H primarily for commercial refrigeration and air conditioning systems.
Innovation Highlights:
- Integrated production from raw materials to finished product
- Strong focus on refrigerant sustainability programs
- Extensive distribution network across North and Latin America
5️⃣ 6. Sinochem Group
Headquarters: Beijing, China
Key Offering: R-407H for domestic and export markets
As China’s premier chemical company, Sinochem holds significant refrigerant production capabilities, supplying R-407H throughout Asia-Pacific and global markets.
Innovation Highlights:
- Cost-competitive production leveraging domestic resources
- Expanding portfolio of environmentally-friendly refrigerants
- Strong government support for refrigerant manufacturing
4️⃣ 7. Zhejiang Juhua Co., Ltd.
Headquarters: Quzhou, China
Key Offering: R-407H refrigerant
Juhua is a major Chinese fluorochemical producer supplying R-407H primarily to domestic OEMs and contractors for various cooling applications.
Innovation Highlights:
- Strategic focus on energy-efficient refrigerant solutions
- Continuous production process improvements
- Strong presence in China’s growing refrigeration market
3️⃣ 8. Huaan New Materials
Headquarters: Shandong, China
Key Offering: R-407H refrigerant
Huaan has emerged as a significant refrigerant producer in Asia, supplying R-407H to regional distributors and equipment manufacturers.
Innovation Highlights:
- Advanced purification technology ensuring high-grade output
- Customized packaging solutions for diverse market needs
- Competitive pricing strategy for emerging markets
2️⃣ 9. Sanmei Chemicals Co., Ltd.
Headquarters: Hangzhou, China
Key Offering: R-407H with purity >99.9%
Sanmei specializes in refrigerant blends for commercial applications, with R-407H widely used in supermarket refrigeration and air conditioning systems.
Innovation Highlights:
- Precision blending technology for consistent quality
- Strong focus on application-specific formulations
- Growing presence in Southeast Asian markets
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R-407H Refrigerant Market – View in Detailed Research Report
🌍 Market Outlook: Transition to Sustainable Cooling Solutions
The R-407H refrigerant market is undergoing significant transformation as the industry moves toward more sustainable alternatives while maintaining energy efficiency and performance standards.
📈 Key Market Trends:
- Increasing regulatory pressure to phase down high-GWP refrigerants
- Growing demand for retrofitting existing R-22 systems
- Advancements in refrigerant blending and purification technologies
- Expansion of cold chain infrastructure in developing economies
Get Full Report Here:
R-407H Refrigerant Market – View in Detailed Research Report
The companies listed above are at the forefront of developing innovative refrigerant solutions that balance performance, environmental impact, and regulatory compliance in the evolving cooling industry.
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