According to a new report from Intel Market Research, the global HCFO-1233zd (E) market was valued at US$ 485 million in 2024 and is projected to reach US$ 1,179 million by 2032, growing at an exceptional CAGR of 14.3% during the forecast period (2025-2032). This rapid expansion is fueled by stringent environmental regulations, the phase-out of high-GWP refrigerants, and increasing demand for energy-efficient thermal solutions across industries.
HCFO-1233zd (E), or trans-1-chloro-3,3,3-trifluoropropene, is a next-generation hydrofluoroolefin compound that has emerged as a game-changing solution in refrigerant and foam blowing applications. This colorless gas (boiling point: 18.3°C) boasts exceptional environmental credentials with zero ozone depletion potential (ODP) and an ultra-low global warming potential (GWP) of just 1 - making it one of the most sustainable alternatives to traditional refrigerants.
Widely recognized for its chemical stability and non-flammable properties, HCFO-1233zd (E) serves critical functions as a:
Its adoption is accelerating across building insulation, cold chain logistics, and electric vehicle thermal management systems as industries transition away from high-GWP substances like HFCs.
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The Kigali Amendment to the Montreal Protocol, implemented in 2019, has triggered a global phase-down of high-GWP refrigerants. With HCFO-1233zd (E)'s GWP of 1 being 99.9% lower than traditional refrigerants, its adoption aligns perfectly with international climate commitments. The European F-Gas Regulation and U.S. EPA SNAP Program have both approved its use, creating significant market pull.
As building codes worldwide mandate stricter energy efficiency standards, the foam insulation sector is transitioning to low-GWP solutions. HCFO-1233zd (E) delivers superior thermal performance in polyurethane and polyisocyanurate foams while meeting sustainability benchmarks. The global push for net-zero buildings is expected to drive 18% annual growth in this segment through 2030.
The electric vehicle boom has created unprecedented demand for efficient battery cooling systems. HCFO-1233zd (E)'s thermodynamic properties make it ideal for EV thermal management, with major automakers incorporating it into next-generation designs. The compound helps address critical challenges in battery temperature regulation while maintaining environmental compliance.
The industry faces several hurdles in scaling HCFO-1233zd (E) adoption:
The market presents significant growth potential through:
Major players like Honeywell and Arkema are investing heavily in capacity expansion, with several new production facilities slated to come online by 2026.
By Type
By Application
By Region
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The market features a mix of global chemical giants and specialized manufacturers:
These companies are competing on technology innovation, production scale, and application expertise to capitalize on the growing demand.
Get Full Report Here: HCFO-1233zd (E) Market - View in Detailed Research Report
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