The Global R-407H Refrigerant Market was valued at US$ 320.41 Million in 2025 and is projected to reach US$ 455.78 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This robust growth is propelled by the global phase-out of ozone-depleting substances, stringent environmental regulations like the F-Gas Regulation in Europe and the AIM Act in the U.S., and the rising demand for energy-efficient cooling solutions in air-conditioning and commercial refrigeration.

As the world transitions toward more sustainable and climate-friendly refrigerants, the role of key chemical manufacturers becomes paramount. These companies are not only producing R-407H but are also pioneering next-generation, low-global warming potential (GWP) alternatives. In this analysis, we profile the Top 10 Companies in the R-407H Refrigerant Industry—a group of global leaders and specialized producers driving innovation and compliance in the HVAC-R sector.

Download FREE Sample Report:
R-407H Refrigerant Market – View in Detailed Research Report

---

🔟 1. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ XLseries (including R-407H formulations)

Chemours is a global leader in fluoroproducts and a leading supplier of refrigerants. Their Opteon™ portfolio includes a range of low-GWP solutions, with R-407H serving as a crucial near-term solution for retrofitting older R-22 and R-404A systems, offering a balance of performance and reduced environmental impact.

Sustainability Initiatives:

• Commitment to achieving a 60% or greater reduction in fluorinated organic compound emissions by 2030.
• Investment in next-generation HFO technology and manufacturing capacity.
• Active participation in global industry alliances for responsible refrigerant management.

---

9️⃣ 2. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: Daikin R-407H, alongside a full portfolio of HFCs and HFOs.

Daikin is a world-leading air conditioning manufacturer that also produces its own refrigerants. Their vertically integrated model ensures quality control and optimized system performance. Daikin’s R-407H is engineered for reliability in a wide range of applications, particularly in retrofitting existing installations.

Sustainability Initiatives:

• Pioneering the development of R-32, a lower-GWP single-component refrigerant.
• Global “Environmental Vision 2050” targeting net-zero emissions.
• Focus on lifecycle management and recycling of refrigerants.

---

8️⃣ 3. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Genetron® Performax™ LT (R-407H)

Honeywell is a premier innovator in the refrigerant space, known for its Genetron® brand. Their Performax™ LT (R-407H) is specifically designed for low and medium-temperature commercial refrigeration, offering a safe, non-flammable, and efficient alternative for supermarkets and cold storage facilities.

Sustainability Initiatives:

• Leader in commercializing HFO technology with Solstice® brand refrigerants.
• Goal to reduce the GWP of its product portfolio by over 90%.
• Committed to achieving carbon neutrality in its operations by 2035.

---

7️⃣ 4. Arkema S.A.

Headquarters: Colombes, France
Key Offering: Forane® 407H

Arkema is a major European chemical producer with a strong foothold in the refrigerant market through its Forane® brand. The company provides high-purity R-407H, which is critical for applications requiring precise temperature control and system longevity, such as industrial chillers and heat pumps.

Sustainability Initiatives:

• Development of ultra-low GWP fluorogases under the Forane® 1234ze and 1234yf banners.
• Aligned with EU Green Deal objectives for a climate-neutral Europe by 2050.
• Focus on bio-circular raw materials for future product lines.

Download FREE Sample Report:
R-407H Refrigerant Market – View in Detailed Research Report

---

6️⃣ 5. Koura (a subsidiary of Orbia Advance Corporation S.A.B. de C.V.)

Headquarters: Andover, Massachusetts, USA (Global Operations)
Key Offering: ZEOTROPIC® R-407H

Koura is a global leader in the production and supply of fluoroproducts, born from the legacy of Mexichem Fluor. Their R-407H is part of a comprehensive portfolio of zeotropic and azeotropic blends designed for specific refrigeration and air-conditioning needs, backed by extensive technical support.

Sustainability Initiatives:

• World’s first producer to issue sustainability-linked bonds tied to GHG emission targets.
• Investing in fluorine recycling technologies to create a circular economy for fluorocarbons.
• Committed to offering a portfolio of low-GWP solutions.

---

5️⃣ 6. Mexichem (now part of Orbia, operates as Koura)

Headquarters: Tlalnepantla, Mexico
Key Offering: R-407H and other fluorinated gases.

Historically a major independent player, Mexichem’s fluorine-based operations have been fully integrated into the Koura brand under Orbia. The company maintains significant manufacturing capacity for R-407H, serving the North and South American markets with a strong distribution network.

Sustainability Initiatives:

• Integrated into Koura’s overarching sustainability framework focused on circularity.
• Focus on responsible production practices and supply chain transparency.
• Adherence to the Kigali Amendment phase-down schedules.

---

4️⃣ 7. Limbin Chemicals

Headquarters: Shanghai, China
Key Offering: High-purity R-407H Refrigerant.

Limbin Chemicals is a significant Chinese manufacturer specializing in high-quality refrigerants. The company has established itself as a key supplier in the Asian market, offering cost-competitive R-407H that meets international standards, catering to both domestic demand and export markets.

Sustainability Initiatives:

• Investing in purification and recycling technologies to extend refrigerant lifecycle.
• Adapting production to align with China’s national phase-down plan for HFCs.
• Increasing R&D focus on hydrocarbon and natural refrigerant alternatives.

---

3️⃣ 8. Sinochem Group

Headquarters: Beijing, China
Key Offering: R-407H and a wide array of chemical products.

As one of China’s largest state-owned chemical conglomerates, Sinochem holds a substantial position in the refrigerant market. Its scale and integrated supply chain allow it to produce and distribute R-407H efficiently across global markets, serving a diverse industrial client base.

Sustainability Initiatives:

• Strategic focus on green and sustainable chemical development as part of national “Dual Carbon” goals.
• Exploration of carbon capture and utilization technologies.
• Commitment to international environmental agreements ratified by China.

---

2️⃣ 9. Huaan New Material

Headquarters: Zibo, Shandong, China
Key Offering: Refrigerant gases including R-407H.

Huaan New Material is a specialized producer of fluorine chemical products with a growing reputation for quality. The company focuses on the research, development, and manufacture of various refrigerants, positioning itself as a reliable source for R-407H in a competitive landscape.

Sustainability Initiatives:

• Investment in advanced production processes to minimize environmental footprint.
• Development of fluorine-based new materials with lower environmental impact.
• Compliance with evolving domestic and international regulatory standards.

---

1️⃣ 10. Sanmei

Headquarters: Jinhua, Zhejiang, China
Key Offering: R-407H and other HFC blends.

Sanmei is a notable Chinese chemical company with dedicated production lines for refrigerant gases. It supplies R-407H to a broad customer base, including HVAC-R equipment manufacturers and service providers, emphasizing consistent quality and reliable delivery.

Sustainability Initiatives:

• Focus on energy efficiency improvements within manufacturing operations.
• Adherence to the Kigali Amendment framework through product stewardship.
• Active participation in industry consortia to share best practices for emissions reduction.

Get Full Report Here:
R-407H Refrigerant Market – View in Detailed Research Report

---

🌍 Outlook: Navigating the Transition to Next-Generation Refrigerants

The R-407H refrigerant market is at a critical juncture, serving as an important transitional solution while the industry accelerates toward ultra-low GWP alternatives. Its role is particularly vital in retrofitting the massive installed base of R-22 and R-404A systems, providing a balance of technical feasibility, safety (being non-flammable, A1 classification), and regulatory compliance.

📈 Key Trends Shaping the Market:

• Regulatory Acceleration: The global implementation of the Kigali Amendment to the Montreal Protocol is driving a structured phase-down of HFCs, including R-407H, creating both challenges and opportunities for manufacturers.
• Rise of Natural Refrigerants: Growing adoption of CO₂ (R-744), ammonia (R-717), and hydrocarbons (R-290, R-600a) in new equipment is reshaping long-term demand for HFC blends.
• Innovation in HFOs: Continuous R&D by market leaders is yielding HFO and HFO-HFC blends with GWPs below 150, which are poised to eventually supersede R-407H in many applications.
• Emphasis on Circular Economy: Increased focus on reclamation, recycling, and proper disposal of existing refrigerants to minimize virgin chemical production and direct emissions.

Get Full Report Here:
R-407H Refrigerant Market – View in Detailed Research Report

The companies profiled above are central to this dynamic landscape. They are not only supplying the essential refrigerants needed for today’s cooling infrastructure but are also investing heavily in the sustainable solutions that will define the future of thermal management worldwide.