The Global Trans-1,3,3,3-Tetrafluoropropene (HFO-1234ze(E)) Market was valued at USD 201 Million in 2024 and is projected to reach USD 383 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period (2024–2032). This growth is driven by tightening environmental regulations, increasing demand for low-global-warming-potential refrigerants, and rapid adoption in commercial heat pump systems across North America, Europe, and Asia-Pacific regions.

As the global cooling industry transitions toward climate-friendly solutions, HFO-1234ze(E) has emerged as a critical alternative to traditional refrigerants. With zero ozone depletion potential and ultra-low GWP (Global Warming Potential) of just 6, this non-toxic, non-flammable compound is transforming refrigeration, air conditioning, and foam insulation applications. In this analysis, we profile the Top 10 Companies driving innovation and market leadership in the HFO-1234ze(E) sector.

---

🔟 1. Honeywell International Inc.

Headquarters: Charlotte, North Carolina, USA
Key Offering: Solstice® ze (HFO-1234ze(E)) refrigerant and foam blowing agent

Honeywell dominates the HFO-1234ze(E) market with its proprietary Solstice® technology, which delivers superior energy efficiency while significantly reducing environmental impact compared to traditional hydrofluorocarbons (HFCs).

Market Leadership:

• Pioneered commercial production of HFO-1234ze(E)
• Operates world-scale manufacturing facilities in North America and Asia
• Strategic partnerships with major HVAC equipment manufacturers

Download FREE Sample Report: Trans-1,3,3,3-Tetrafluoropropene (HFO-1234ze(E)) Market – View in Detailed Research Report

---

9️⃣ 2. The Chemours Company

Headquarters: Wilmington, Delaware, USA
Key Offering: Opteon™ XPS foam blowing agent and refrigerant solutions

Chemours is a leading innovator in sustainable refrigerant technologies, with extensive R&D capabilities focused on HFO-based solutions for diverse cooling applications.

Market Leadership:

• Major supplier to European and North American foam insulation markets
• Regulatory expertise covering F-Gas and EPA SNAP approvals
• Strong technical support network for industrial customers

---

8️⃣ 3. Arkema Group

Headquarters: Colombes, France
Key Offering: Forane® 1234ze refrigerant applications

Arkema maintains a strong position in the European HFO market through continuous innovation in refrigerant formulations and sustainable production processes.

Market Leadership:

• Leading European producer with integrated manufacturing capabilities
• Focus on energy-efficient industrial cooling solutions
• Active participant in regional regulatory development

---

7️⃣ 4. Daikin Industries, Ltd.

Headquarters: Osaka, Japan
Key Offering: HFO blends for commercial chiller markets

Daikin combines refrigerant production with HVAC system expertise, offering integrated solutions for commercial and industrial cooling applications.

Market Leadership:

• Asia-Pacific market leader with 32% regional share
• Innovator in low-GWP refrigerant blends
• Comprehensive lifecycle management approach

Download FREE Sample Report: Trans-1,3,3,3-Tetrafluoropropene (HFO-1234ze(E)) Market – View in Detailed Research Report

---

6️⃣ 5. Linde plc

Headquarters: Guildford, UK
Key Offering: Industrial-grade HFO-1234ze(E) solutions

Linde provides technical-grade HFO-1234ze(E) for specialized industrial applications, supported by its global gas distribution network.

Market Leadership:

• Specializes in food processing and pharmaceutical cooling applications
• Advanced gas handling and recycling solutions
• Custom formulation services for industrial users

---

5️⃣ 6. Mexichem S.A.B. de C.V. (Koura)

Headquarters: Tlalnepantla, Mexico
Key Offering: Latin American market solutions

Koura serves as the primary HFO supplier throughout Central and South America, with strong manufacturing and distribution capabilities.

Market Leadership:

• Leading position in emerging Latin American markets
• Regional formulation expertise for tropical climates
• Technical training programs for local industries

---

4️⃣ 7. Sinochem Lantian Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Domestic Chinese market solutions

Sinochem is China’s leading fluorochemical producer, supplying the rapid-growing domestic refrigeration market with compliant HFO solutions.

Market Leadership:

• Strategic partnerships with Chinese HVAC manufacturers
• Compliant with China’s evolving regulatory framework
• Competitive pricing for regional customers

---

3️⃣ 8. Zhejiang Artsen Chemical Co., Ltd.

Headquarters: Hangzhou, China
Key Offering: Cost-effective HFO formulations

Artsen Chemical specializes in competitive HFO solutions for global export markets, with particular strength in Asia and Africa.

Market Leadership:

• Vertically integrated fluorine supply chain
• Rapid adaptation to regional regulatory changes
• Custom formulations for specific climate zones

---

2️⃣ 9. Quanzhou Yuji Advanced Materials Co., Ltd.

Headquarters: Fujian, China
Key Offering: Specialty foam and aerosol applications

Yuji Advanced Materials focuses on niche applications for HFO-1234ze(E), particularly in foam blowing and consumer product propellants.

Market Leadership:

• Specialized formulations for polymer foam production
• Rapid prototyping capabilities
• Strong logistics network for global distribution

---

1️⃣ 10. Gujarat Fluorochemicals Limited

Headquarters: Gujarat, India
Key Offering: South Asian market solutions

GFL leads India’s transition to sustainable refrigerants through local production and technical support services.

Market Leadership:

• Primary supplier to India’s growing cooling industry
• Technical training for regional contractors and technicians
• Cost-effective solutions for price-sensitive applications

Get Full Report Here: Trans-1,3,3,3-Tetrafluoropropene (HFO-1234ze(E)) Market – View in Detailed Research Report

---

🌍 Industry Outlook: Accelerating the Low-GWP Transition

The HFO-1234ze(E) market is at the forefront of the global shift toward sustainable cooling solutions, driven by regulatory mandates and corporate sustainability commitments across multiple industries.

📈 Key Market Developments:

• Expanding phase-out schedules for HFC refrigerants in EU and North America
• Growing adoption in commercial heat pumps for building decarbonization
• Innovation in foam blowing applications for energy-efficient insulation
• Emerging applications in medical and electronics cooling systems
• Increasing capacity investments across Asia-Pacific regions

Get Full Report Here: Trans-1,3,3,3-Tetrafluoropropene (HFO-1234ze(E)) Market – View in Detailed Research Report