Xuan Gu Bao·2025-06-17 15:09Industry Overview - The third-generation refrigerant market is experiencing a strong price increase due to multiple factors, including tightening global environmental regulations, increased demand for eco-friendly refrigerants, and production quota restrictions leading to supply constraints [1] - The arrival of summer has further boosted the demand for refrigerants due to increased usage of air conditioning and refrigeration equipment, contributing to the price surge [1] - The refrigerant industry is currently in a price upcycle for second and third-generation refrigerants, with expectations of continued growth in the downstream air conditioning and automotive sectors [1] Company Insights - Juhua Co., Ltd. focuses on the fluorochemical industry chain, holding a leading global position in the refrigerant sector while also expanding into high-value-added products such as fluoropolymers and electronic chemicals [2] - Sanmei Co., Ltd. is also concentrated on the fluorochemical industry chain, leading in the refrigerant field and diversifying into fluorinated blowing agents, inorganic fluorine products, and fluorine-containing new materials [2]