The Global R507 Refrigerant Market was valued at USD 427.3 Million in 2025 and is projected to reach USD 589.7 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period (2024–2030). This growth is driven by increasing demand for commercial refrigeration, stringent environmental regulations, and the shift toward low-global-warming-potential (GWP) alternatives in industrial applications.

As industries worldwide transition toward sustainable cooling solutions, key players in the R507 refrigerant sector are innovating to meet evolving environmental standards while maintaining performance efficiency. This blog profiles the Top 10 Companies in the R507 Refrigerant Industry—global chemical manufacturers and refrigerant specialists shaping the future of commercial and industrial cooling.

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🔟 1. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: R507A (HFC-based refrigerant), Solstice® N40 (low-GWP alternative)

Honeywell is a market leader in refrigerants, offering R507A for commercial refrigeration applications. The company is also advancing next-generation solutions like Solstice® N40, which delivers similar performance with significantly lower environmental impact.

Sustainability Initiatives:

• Developing ultra-low GWP alternatives

• Circular economy programs for refrigerant recovery

• Committed to carbon neutrality by 2035

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/307292/r-refrigerant-market-2026-2034-755

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9️⃣ 2. ARKEMA Group

Headquarters: Colombes, France
Key Offering: Forane® 507, R449A (lower-GWP alternative)

ARKEMA’s Forane® brand includes R507 refrigerant solutions for supermarket refrigeration and cold storage applications. The company actively promotes alternative refrigerants to support the transition to greener cooling technologies.

Sustainability Initiatives:

• 40% reduction in CO2 emissions target by 2030

• Development of non-fluorinated alternatives

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8️⃣ 3. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Freon™ 507, Opteon™ XP40 (R449A)

Chemours manufactures high-performance refrigerants including R507 for commercial refrigeration systems. Their Opteon™ line represents the company’s commitment to sustainable refrigerant solutions with lower climate impact.

Sustainability Initiatives:

• 60% reduction in operational GHG emissions by 2030

• $100M investment in low-GWP innovation

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7️⃣ 4. DuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: Suva® 507, ISCEON® MO99 (R438A)

DuPont’s refrigerant portfolio includes R507 alongside transitional alternatives designed to help customers comply with evolving regulations while maintaining system performance.

Sustainability Initiatives:

• Carbon-neutral operations by 2050

• Sustainable refrigerant research and development

Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/307292/r-refrigerant-market-2026-2034-755

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6️⃣ 5. Koura (formerly Mexichem Fluor)

Headquarters: Abingdon, UK
Key Offering: R507, Klea® 66 (R448A)

Koura is a global leader in fluoroproducts, supplying R507 refrigerant alongside lower-GWP alternatives under its Klea® brand. The company serves commercial and industrial refrigeration markets worldwide.

Sustainability Initiatives:

• Developing next-generation low-GWP refrigerants

• Focus on circular economy for refrigerant lifecycle

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5️⃣ 6. Zhejiang Sanmei Chemical Industry Co., Ltd.

Headquarters: Quzhou, China
Key Offering: R507A, R134a, R404A

As a major Chinese refrigerant manufacturer, Zhejiang Sanmei produces R507 for domestic and international markets. The company is expanding production capacity to meet growing demand.

Market Position:

• Leading supplier in Asia-Pacific region

• Vertically integrated fluorochemical production

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4️⃣ 7. Zhejiang Yonghe Refrigerant Co., Ltd.

Headquarters: Quzhou, China
Key Offering: R507, R22, R32 refrigerants

Yonghe Refrigerant is a key Chinese manufacturer supplying R507 to domestic and international markets, with growing export operations to developing regions.

Market Position:

• Significant production capacity expansion plans

• Competitive pricing strategy

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3️⃣ 8. Zhejiang Juhua Co., Ltd.

Headquarters: Quzhou, China
Key Offering: Juhua® R507A, R134a, R410A

Zhejiang Juhua is one of China’s largest fluorochemical producers, manufacturing R507 refrigerant alongside a broad portfolio of cooling solutions.

Market Position:

• State-owned enterprise with strong domestic market share

• Investing in new refrigerant formulations

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2️⃣ 9. Gujarat Fluorochemicals Limited

Headquarters: Vadodara, India
Key Offering: R507A, R134a, R404A

GFL is India’s leading fluorochemicals company, producing R507 refrigerant for domestic and export markets with growing focus on sustainable alternatives.

Market Position:

• Dominant supplier in South Asia

• Vertically integrated production

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1️⃣ 10. Linde plc

Headquarters: Guildford, UK
Key Offering: R507A, R404A, specialty gas blends

While primarily a gas company, Linde supplies R507 refrigerant through its industrial gases division, serving large-scale commercial refrigeration applications globally.

Sustainability Initiatives:

• Comprehensive refrigerant management services

• Helping customers transition to alternative refrigerants

Get Full Report Here: https://www.24chemicalresearch.com/reports/307292/r-refrigerant-market-2026-2034-755

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🌍 Outlook: The Future of R507 Refrigerant in a Transitioning Market

The R507 refrigerant market is at an inflection point, balancing current demand with evolving environmental regulations. While still widely used in commercial refrigeration, the industry is actively developing lower-GWP alternatives to meet sustainability goals without compromising performance.

📈 Key Trends Shaping the Market:

• Phase-down schedules under the Kigali Amendment accelerating transition

• Growth of natural refrigerant alternatives (CO2, ammonia, hydrocarbons)

• Increasing adoption in developing regions with less stringent regulations

• Technological improvements in refrigeration system efficiency

Get Full Report Here: https://www.24chemicalresearch.com/reports/307292/r-refrigerant-market-2026-2034-755

The companies profiled above are not only meeting current R507 demand—they’re actively defining the future of sustainable refrigeration technology.