The Global HFO Blowing Agent Market was valued at USD 483.2 Million in 2025 and is projected to reach USD 1.21 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period (2024–2034). This robust growth is driven by stringent global environmental regulations, such as the Kigali Amendment, phasing out high-GWP HFCs, and the accelerating demand for energy-efficient insulation in the construction and appliance sectors.
As industries worldwide commit to sustainability goals, HFOs (Hydrofluoroolefins) have emerged as the premier solution, offering zero Ozone Depletion Potential (ODP) and significantly lower Global Warming Potential (GWP) compared to their predecessors. In this blog, we profile the Top 10 Companies in the HFO Blowing Agent Industry—a group of chemical innovators and global suppliers shaping the future of foam manufacturing.
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🔟 1. The Chemours Company
Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ 1100 Series (HFO-1233zd), Opteon™ 1150 (HFO-1336mzz)
The Chemours Company is a global leader in fluoroproducts and a dominant force in the HFO blowing agent market. Their Opteon™ foam blowing agents are designed for use in spray foam, appliance foam, and boardstock insulation, delivering superior thermal performance with a minimal environmental footprint.
Sustainability Initiatives:
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Commitment to achieving a 60% or greater reduction in fluorinated organic compound emissions by 2030.
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Pioneering the development of next-generation low-GWP technologies.
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Active member of the Responsible Fluorocarbon Program.
9️⃣ 2. Honeywell International Inc.
Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® Liquid Blowing Agent (LBA), Solstice® Gas Blowing Agent (GBA)
Honeywell is a pioneer in low-GWP solutions, with its Solstice® portfolio offering advanced HFO blowing agents that are non-flammable and provide excellent insulation properties. These products are widely adopted in the polyurethane and polyisocyanurate foam markets.
Sustainability Initiatives:
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Solstice® products have a GWP of 1, which is 99.9% lower than HFCs.
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Invested over $1 billion in research, development, and new capacity for low-GWP materials.
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HFO Blowing Agent Market – View in Detailed Research Report
8️⃣ 3. Arkema S.A.
Headquarters: Colombes, France
Key Offering: Forane® 1233zd, Forane® 1336mzz
Arkema is a leading European chemical company with a strong portfolio of HFO blowing agents under its Forane® brand. The company focuses on providing sustainable solutions for rigid foam applications, catering to the high-performance demands of the construction industry.
Sustainability Initiatives:
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Aligned with the EU’s Green Deal and F-Gas Regulation, driving the transition to low-GWP alternatives.
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Continuous innovation in fluorochemicals to enhance energy efficiency in buildings.
7️⃣ 4. Daikin Industries, Ltd.
Headquarters: Osaka, Japan
Key Offering: Daikin HFO Blowing Agents
Daikin, a global leader in air conditioning, also produces advanced HFO blowing agents. Leveraging its expertise in fluorine chemistry, Daikin offers solutions that meet the most stringent environmental standards for foam insulation in appliances and construction.
Sustainability Initiatives:
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Focus on developing products with ultra-low GWP and high energy efficiency.
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Committed to achieving carbon neutrality by 2050.
6️⃣ 5. Linde plc
Headquarters: Guildford, United Kingdom
Key Offering: HFO-based blowing agent gases and blends
Linde, a world-leading industrial gases and engineering company, supplies high-purity HFO blowing agents and customized gas blends for the polyurethane foam industry. Their technical expertise supports customers in optimizing foam formulations for performance and sustainability.
Sustainability Initiatives:
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Dedicated to helping customers reduce their carbon footprint through clean energy solutions.
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Investments in sustainable production technologies and supply chain efficiency.
5️⃣ 6. Zhejiang Juhua Co., Ltd.
Headquarters: Quzhou, Zhejiang, China
Key Offering: Juhua HFO-1233zd, HFO-1336mzz
As one of China’s major fluorochemical producers, Zhejiang Juhua is a key player in the Asian HFO blowing agent market. The company is crucial for supplying cost-effective, environmentally friendly blowing agents to the region’s vast manufacturing base.
Sustainability Initiatives:
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Expanding production capacity for low-GWP fluorochemicals to support China’s dual carbon goals.
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Focus on R&D to improve the performance and accessibility of HFO technologies.
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HFO Blowing Agent Market – View in Detailed Research Report
4️⃣ 7. Sinochem Lantian Co., Ltd.
Headquarters: Shanghai, China
Key Offering: Lantian HFO Blowing Agents
Sinochem Lantian is a significant force in China’s chemical sector, specializing in fluorochemical products. The company produces HFO blowing agents that cater to the booming domestic demand for sustainable insulation materials in construction and appliances.
Sustainability Initiatives:
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Active participation in national initiatives to phase down HFCs.
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Developing products that align with China’s 2060 carbon neutrality pledge.
3️⃣ 8. Gujarat Fluorochemicals Limited (GFL)
Headquarters: Ahmedabad, Gujarat, India
Key Offering: GFL HFO Blowing Agents
Gujarat Fluorochemicals is a leading Indian manufacturer with a growing portfolio of HFO products. The company serves both domestic and international markets, playing a vital role in supplying sustainable blowing agents to South Asia and beyond.
Sustainability Initiatives:
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Investment in green technology to produce low-GWP alternatives.
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Focus on reducing the overall environmental impact of fluorochemical production.
2️⃣ 9. Yuji Tech
Headquarters: Seoul, South Korea
Key Offering: Yuji HFO-1233zd, Specialty HFO Blends
Yuji Tech is a specialized South Korean chemical company known for its innovative HFO blowing agent solutions. The company focuses on high-purity products for demanding applications in the electronics and high-performance insulation sectors.
Sustainability Initiatives:
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R&D focused on creating proprietary HFO formulations with enhanced performance.
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Commitment to supporting the global transition away from high-GWP substances.
1️⃣ 10. Shanghai Huayi 3F New Material Co., Ltd.
Headquarters: Shanghai, China
Key Offering: 3F HFO Blowing Agents
Shanghai Huayi 3F is a major Chinese producer of fluorochemicals, including a range of HFO blowing agents. The company benefits from a strong domestic market and is expanding its global footprint as demand for sustainable blowing agents rises.
Sustainability Initiatives:
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Aligning product development with international environmental protocols.
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Increasing production efficiency to lower the carbon footprint of manufacturing.
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HFO Blowing Agent Market – View in Detailed Research Report
🌍 Outlook: The Future of HFO Blowing Agents Is Sustainable and High-Performance
The HFO blowing agent market is at the forefront of the chemical industry’s green transformation. While the phase-down of HFCs creates a massive market gap, HFOs are perfectly positioned to fill it, offering a combination of regulatory compliance, excellent insulating properties, and a vastly improved environmental profile.
📈 Key Trends Shaping the Market:
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Accelerated regulatory phase-outs of HFCs under the Kigali Amendment, driving强制性 adoption.
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Surging demand for energy-efficient building insulation to meet global carbon reduction targets.
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Technological advancements leading to next-generation HFOs with even lower GWPs and improved foam characteristics.
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Strategic partnerships and capacity expansions by key players to secure supply chains and meet soaring demand.
Get Full Report Here:
HFO Blowing Agent Market – View in Detailed Research Report
The companies listed above are not only supplying essential materials for modern manufacturing—they are enabling a more sustainable and energy-efficient future for industries worldwide.
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