Top 10 Companies in the R-454C (GWP 148) Ultralow GWP for Low Temperature Refrigeration Market (2026): Market Leaders Driving Sustainable Cooling

MARKET INSIGHTS

Global R-454C (GWP 148) ultralow GWP for low temperature refrigeration reached USD 0.45 billion in 2025 and is projected to grow to USD 1.15 billion by 2034, delivering a CAGR of 10.4 % between 2026 and 2034.

R-454C, marketed as Opteon XL20, is a zeotropic blend of R‑1234yf and R‑32. With a GWP of 148, it cuts the climate impact of conventional HFCs by more than 90 %. The blend is engineered for low‑ and medium‑temperature commercial and industrial refrigeration, from supermarket display cases to cold storage warehouses and walk‑in freezers.

The sector is being reshaped by strict environmental legislation such as the EU F‑Gas Regulation 2024/573 and the U.S. AIM Act, both of which cap GWP at 150 for new equipment. These rules accelerate the shift away from high‑GWP HFCs and drive the adoption of R‑454C, which offers performance close to legacy refrigerants while enabling larger charge sizes without major redesign.

Energy‑efficiency demands in food retail and industrial processing further reinforce the move to R‑454C, which delivers comparable capacity and seasonal COP to R‑404A while reducing indirect emissions. Chemours, a key supplier, has secured approvals and partnerships across the supply chain, but the transition still requires investment in safety training and infrastructure adaptation.

R-454C (GWP 148) Ultralow GWP for Low Temperature Refrigeration Market – View in Detailed Research Report

Top 10 Companies in the R-454C Market

1️⃣ Chemours

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon XL20 (R‑454C)

Chemours has positioned Opteon XL20 as the industry’s benchmark for ultralow GWP solutions. The company’s blend achieves near‑drop‑in compatibility with existing low‑temperature systems, allowing operators to maintain capacity while reducing GWP by 96 %. Chemours actively collaborates with OEMs to certify new equipment and offers a comprehensive technical support network, including safety training for A2L refrigerants.

• Strategic partnership with major refrigeration manufacturers for certification programs
• Investment in A2L safety training modules for technicians
• Global distribution network covering North America, Europe, and Asia‑Pacific

2️⃣ Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® 454C (R‑454C)

Honeywell’s Solstice 454C delivers comparable performance to legacy HFCs while cutting GWP by 96 %. The brand emphasizes energy efficiency and system reliability, supported by Honeywell’s robust supply chain and service ecosystem. Honeywell’s integration of R‑454C into its existing product lines has accelerated adoption across commercial and industrial refrigeration segments.

• Integrated A2L safety features in new equipment designs
• Extensive service network for system retrofits
• Ongoing R&D to optimize blend performance for high‑ambient conditions

3️⃣ National Refrigerants, Inc.

Headquarters: Boston, Massachusetts, USA
Key Offering: R‑454C blend for refrigeration applications

National Refrigerants focuses on providing a reliable supply of R‑454C to OEMs and distributors. The company’s strategic partnerships with regional distributors enable swift deployment in emerging markets, while its compliance with EN 378 standards ensures safety and performance in A2L systems.

• Localized distribution hubs across the United States
• Compliance with international safety standards
• Technical support for system integration and maintenance

4️⃣ Arkema S.A.

Headquarters: Paris, France
Key Offering: Advanced HFO blend for refrigeration

Arkema’s portfolio includes a range of HFO blends, with R‑454C positioned for low‑temperature applications. The company leverages its European manufacturing base to support rapid scaling and has secured partnerships with leading European OEMs to certify new equipment.

• Manufacturing capacity across Europe and Asia‑Pacific
• Partnerships with European OEMs for certification
• Focus on reducing life‑cycle emissions through efficient blend design

5️⃣ Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: R‑454C‑compatible refrigeration solutions

Daikin integrates R‑454C into its next‑generation low‑temperature systems, targeting both commercial and industrial markets. The company’s emphasis on modular design and energy efficiency aligns with global sustainability targets.

• Modular system architecture for easy retrofit
• Energy‑efficiency certification for new equipment
• Support for A2L safety compliance in Asia‑Pacific markets

6️⃣ Arno (Rinnai)

Headquarters: Tokyo, Japan
Key Offering: R‑454C‑compatible chillers and condensers

Arno offers a line of chillers that incorporate R‑454C, providing a drop‑in alternative for existing low‑temperature installations. The brand is recognized for its reliability and low operating costs, making it a popular choice for data‑center cooling and industrial chilling.

• Chiller line with certified A2L safety features
• Energy‑efficiency optimization for high‑ambient applications
• Comprehensive after‑sales service network in Japan

7️⃣ Johnson Controls

Headquarters: Overland Park, Kansas, USA
Key Offering: R‑454C‑compatible HVAC and refrigeration systems

Johnson Controls extends its HVAC portfolio to include R‑454C, focusing on commercial refrigeration for retail and cold‑storage facilities. The company’s global service network supports system integration and ongoing maintenance.

• Global service and support network
• Integration of R‑454C in commercial refrigeration lines
• Focus on reducing operational costs through improved COP

8️⃣ Danfoss

Headquarters: Nordborg, Denmark
Key Offering: R‑454C‑enabled refrigeration solutions

Danfoss’s focus on sustainable refrigerants aligns with its broader strategy of reducing carbon footprints. The company offers R‑454C‑compatible compressors and controls, positioning itself as a key supplier for European and North American markets.

• High‑performance compressors designed for R‑454C
• Advanced controls for precise temperature management
• Strong presence in European and North American markets

9️⃣ Panasonic

Headquarters: Osaka, Japan
Key Offering: R‑454C‑based refrigeration units

Panasonic’s refrigeration portfolio incorporates R‑454C, offering a range of units for commercial and industrial use. The brand emphasizes energy efficiency and system reliability, supported by Panasonic’s global manufacturing capabilities.

• Energy‑efficient refrigeration units for retail and industrial use
• Global manufacturing and distribution network
• Integrated safety features for A2L refrigerants

🔟 Mitsubishi Electric

Headquarters: Tokyo, Japan
Key Offering: R‑454C‑compatible chillers and air‑conditioning units

Mitsubishi Electric leverages its expertise in HVAC to deliver R‑454C‑compatible chillers for commercial and industrial applications. The company’s focus on low‑temperature performance and energy savings aligns with the demands of modern food‑retail and cold‑chain operations.

• Chiller line with certified A2L safety compliance
• Energy‑efficient design for high‑ambient conditions
• Global service network covering key markets

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Outlook 2026‑2034

The market is set to expand from USD 0.52 billion in 2026 to USD 1.15 billion by 2034, driven by regulatory mandates and the growing demand for energy‑efficient refrigeration. The transition to R‑454C is expected to accelerate in regions with strong F‑Gas compliance, particularly Europe and North America, while Asia‑Pacific and emerging markets will follow as local regulations align with global climate goals.

Future Trends

Key developments include the integration of R‑454C into distributed DX systems for data‑center cooling, the expansion of A2L‑compatible equipment in cold‑storage warehouses, and the rise of digital monitoring platforms that optimize charge sizes and reduce TEWI. Continued investment in safety training and certification programs will lower barriers to adoption, while advances in blend chemistry may further improve performance and reduce charge requirements.