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News  ›  GlobeNewswire Inc.

HCFO-1233zd Market Projected to Reach US$ 71.34 Million by 2035 | Astute Analytica

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Astute Analytica
HCFO-1233zd Market Projected to Reach US$ 71.34 Million by 2035 | Astute Analytica

The global HCFO-1233zd market is experiencing rapid growth driven by regulatory mandates phasing out high-GWP refrigerants and blowing agents. The market is projected to grow from $38.18 million in 2025 to $71.34 million by 2035 at a 6.4% CAGR. North America leads with 37% market share, while insulation foam blowing agents represent the largest application segment at 51.1%. Major producers are expanding capacity to meet surging demand from construction, data centers, and industrial heat pump applications.

Insights
ARKAY   positive

Arkema executed a $60 million investment to launch a 15 kt/year HCFO-1233zd production facility in Kentucky in August 2025, demonstrating aggressive capacity expansion to capitalize on regulatory-driven market growth. The company is well-positioned to serve the booming polyurethane foam sector.