The destruction of ozone layer can cause global warming, which has in recent years become a thorny environmental problem. As the culprit, some fluorine refrigerant products have been or are being forced to phase out and, meanwhile, new environment-friendly refrigerants have been developed and put into application.
China, as a developing country, lags behind the developed countries in the effort to eliminate fluorine refrigerant products. At the same time, China is actively implementing export restriction towards fluorite and hydrofluoric acid, a move exerts grave impact on foreign enterprises concerned. In this sense, it brings great opportunities to the fluorine refrigerant industry of China in the short term.
China’s major fluorine refrigerant products include R22, R134a, R125 and R32, the total capacity of which reached 854,000 tons in 2010. In particular, R22 is most widely used as refrigerant for household air-conditioner, with the capacity totaling 608,000 tons; R134a as refrigerant for auto air-conditioner, with the capacity totaling 126,000 tons; R125 and R32 are mainly used for producing R410-mixed refrigerant, with the capacity of 69,200 tons and 50,500 tons, respectively; R410a, used as refrigerant for household air-conditioner, has become an essential substitute of R22.
Key domestic enterprises in fluorine refrigerant industry include: Dongyue Group, Juhua Group Corporation, Jiangsu Meilan Chemical Group and Shanghai 3F New Materials. There exist big differences among them in terms of product structure and capacity resulting from different technical route, scale of equipment and development focus.
As far as R22, R134a, R125 and R32 are concerned, Dongyue Group boasts the largest enterprise in terms of product structure and total capacity. In 2010, the capacity of the company realized 178,000 tons, of which, the capacity of R22 reached 150,000 tons, ranking the first place at home. The runner-up went to Juhua Group Corporation, with the capacity totaling 134,000 tons. As for Jiangsu Meilan Chemical Group and Sinochem Lantian, they lead the way in R125 and R134a market segments, respectively, with the market share of 31.7% and 27.8%, respectively. Shanghai 3F New Materials falls behind when it comes to the total capacity of fluorine refrigerant, but it holds dominating position in China’s fluorine refrigerant industry dependent on comparatively comprehensive industry chain.
This report not only highlights the operation environment, current development, impact on upstream and downstream sectors, development outlook and key enterprises in China’s fluorine refrigerant industry, but probes into the demand & supply, competition pattern and price trend of the major four fluorine refrigerants R22, R134a, R125 and R32.