Top 10 Companies in the Fluorocarbon Gases Industry (2026): Market Leaders Enabling Global Electronics and Refrigeration

In Business Insights
January 09, 2026


The Global Fluorocarbon Gases Market was valued at US$ 666.5 Million in 2023 and is projected to reach US$ 1000.3 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.9% during the forecast period. This growth is propelled by increasing demand from the electronics and semiconductor sectors, alongside the stringent regulatory shifts toward lower Global Warming Potential (GWP) refrigerants in heating, ventilation, air conditioning, and refrigeration (HVAC-R) systems worldwide.

As industries worldwide navigate the transition to more sustainable and efficient manufacturing and cooling processes, the role of specialized gas producers has become critically important. In this analysis, we profile the Top 10 Companies in the Fluorocarbon Gases Industry—a selection of global chemical giants and specialized gas suppliers that are driving innovation and meeting the complex demands of modern technology and environmental standards.

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🔟 1. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Fluorocarbon refrigerants (HFCs, HFOs), Fluorochemicals

Daikin Industries is a global leader in air conditioning and fluorochemicals. The company is a major producer of fluorocarbon gases, including a wide range of refrigerants essential for residential, commercial, and industrial cooling systems. Daikin is heavily invested in developing next-generation, low-GWP alternatives to traditional hydrofluorocarbons (HFCs).

Sustainability Initiatives:

  • Pioneering HFO-1234yf and other low-GWP refrigerant technologies
  • Commitment to carbon neutrality by 2050
  • Extensive R&D in energy-efficient and environmentally friendly fluorochemicals

9️⃣ 2. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ (HFOs), Freon™ (CFCs, HCFCs, HFCs), Fluoropolymers

Chemours is a leading global provider of performance chemicals, with a significant footprint in fluoroproducts. Its Opteon™ portfolio represents a major advancement in low-GWP refrigerants for automotive and stationary cooling, positioning the company at the forefront of the industry’s environmental transition.

Sustainability Initiatives:

  • Leadership in HFO refrigerant commercialization
  • Corporate goal to reduce operational greenhouse gas emissions by 60% by 2030
  • Active participation in global regulatory and industry partnerships for sustainable refrigerant management

8️⃣ 3. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® (HFOs), Genetron® (HFCs), Fluorine-based Specialties

Honeywell is a diversified technology and manufacturing leader with a robust fluorochemicals business. The company’s Solstice® line of HFO-based products offers low-GWP solutions for refrigeration, aerosols, foams, and solvents, helping customers meet regulatory demands without sacrificing performance.

Sustainability Initiatives:

  • Multi-billion-dollar investment in HFO technology and production capacity
  • Commitment to carbon neutrality in its operations and facilities by 2035
  • Development of closed-loop recycling technologies for fluorocarbons

Download FREE Sample Report: Fluorocarbon Gases Market – View in Detailed Research Report


7️⃣ 4. Linde plc

Headquarters: Guildford, United Kingdom (operational headquarters)
Key Offering: Electronic Specialty Gases (Fluorocarbons), High-Purity Fluorine, Bulk Gas Supply

Linde is a world-leading industrial gases and engineering company. Its electronics segment is a critical supplier of high-purity fluorocarbon gases, such as CF4, C2F6, and NF3, which are essential for plasma etching and chamber cleaning in semiconductor manufacturing.

Sustainability Initiatives:

  • Focus on reducing the carbon footprint of gas production and distribution
  • Investment in technologies for abatement and recycling of fluorocarbon gases in fabs
  • Commitment to science-based targets for emissions reduction

6️⃣ 5. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Forane® (HFCs, HFOs), Fluorogases for various applications

Arkema is a global specialty chemicals company with a strong position in fluorochemicals. Its Forane® brand encompasses a wide range of refrigerants, and the company is actively developing new molecules with improved environmental profiles to support the HVAC-R industry’s evolution.

Sustainability Initiatives:

  • Strategic shift towards sustainable materials, including low-GWP fluorocarbons
  • Target to generate 65% of revenue from specialties aligned with sustainable development by 2024
  • R&D focused on eco-design and lifecycle assessment of fluorinated products

5️⃣ 6. SRF Limited

Headquarters: Gurugram, India
Key Offering: Refrigerant Gases, Specialty Chemicals, Industrial Gases

SRF is a leading Indian multinational with a significant chemicals business. The company manufactures a comprehensive portfolio of refrigerant gases, including HFCs like R-134a and R-32, and is expanding its capabilities to serve both domestic and international markets amid changing regulatory landscapes.

Sustainability Initiatives:

  • Investment in R&D for next-generation, environmentally acceptable refrigerants
  • Focus on energy efficiency and emission reduction across manufacturing operations
  • Alignment with India’s national policies on refrigerant phase-down and climate goals

4️⃣ 7. Electronic Fluorocarbons, LLC

Headquarters: Bensalem, Pennsylvania, USA
Key Offering: High-Purity Fluorocarbon Gases for Semiconductor and LED Manufacturing

Electronic Fluorocarbons is a specialized supplier of high-purity gases critical to the electronics industry. The company provides ultra-pure grades of fluorocarbon gases like CF4, C4F8, and CHF3, which are indispensable for precise etching and deposition processes in chip fabrication.

Sustainability Initiatives:

  • Expertise in gas purification and recycling systems to minimize waste
  • Partnerships with semiconductor manufacturers to optimize gas usage and reduce environmental impact
  • Commitment to supply chain sustainability and safety standards

3️⃣ 8. INOX Air Products Pvt. Ltd.

Headquarters: Mumbai, India
Key Offering: Industrial and Medical Gases, Fluorocarbon Mixtures

INOX Air Products is one of India’s largest industrial and medical gas manufacturers. The company supplies a variety of gases, including fluorocarbon-based mixtures, to diverse sectors such as metals, chemicals, healthcare, and food processing, supporting the country’s rapid industrial growth.

Sustainability Initiatives:

  • Implementation of energy-efficient air separation technologies
  • Development of solutions to help customers reduce their carbon footprint
  • Focus on safety and environmental stewardship in all operations

Download FREE Sample Report: Fluorocarbon Gases Market – View in Detailed Research Report


2️⃣ 9. Hindustan Fluorocarbons Limited (HFL)

Headquarters: Hyderabad, India
Key Offering: Chlorodifluoromethane (HCFC-22), Polytetrafluoroethylene (PTFE)

Hindustan Fluorocarbons is a key Indian public sector enterprise focused on fluorochemicals. The company primarily produces HCFC-22, a refrigerant and chemical feedstock, and is navigating the global phase-down schedule for ozone-depleting substances by exploring alternative technologies.

Sustainability Initiatives:

  • Compliance with the Montreal Protocol and its Kigali Amendment
  • Exploration of alternative, sustainable fluorocarbon production pathways
  • Government-backed initiatives for environmental compliance and technological upgrades

1️⃣ 10. Praxair, Inc. (now part of Linde)

Headquarters: Danbury, Connecticut, USA
Key Offering: Electronic Specialty Gases, Bulk and Packaged Gases

Praxair, now fully integrated into Linde following the merger, was a foremost industrial gas company with a strong legacy in supplying the electronics sector. Its expertise in purifying and delivering critical fluorocarbon gases remains a cornerstone of the combined entity’s offerings to global semiconductor manufacturers.

Sustainability Initiatives:

  • Legacy of innovation in gas abatement and recovery technologies for fabs
  • Integration into Linde’s broader sustainability framework and climate goals
  • Continuous improvement in supply chain efficiency to reduce environmental impact

Get Full Report Here: Fluorocarbon Gases Market – View in Detailed Research Report


🌍 Outlook: Navigating a Dynamic Regulatory and Technological Landscape

The fluorocarbon gases market is at a pivotal juncture. While demand from the indispensable semiconductor industry remains robust, the refrigeration sector is undergoing a profound transformation driven by global environmental treaties like the Kigali Amendment to the Montreal Protocol. The future belongs to companies that can innovate with low-GWP alternatives while maintaining the high performance required by advanced technologies.

📈 Key Trends Shaping the Market:

  • Accelerated adoption of HFOs and other low-GWP refrigerants in HVAC-R applications
  • Surging demand for high-purity fluorocarbon gases from the semiconductor and display industries
  • Increasing stringency of regional and global environmental regulations
  • Growing investment in gas recycling and abatement technologies to minimize emissions

Get Full Report Here: Fluorocarbon Gases Market – View in Detailed Research Report

The companies profiled above are not merely suppliers of critical industrial gases—they are enablers of technological progress and key partners in the global effort to build a more sustainable industrial ecosystem.