The United States is restricted by domestic regulations. Since 2017, the import of China's Refrigerant Gas R134A has dropped from more than 20,000 tons in 2016 to more than 4,000 tons in 2017, and it will be tens of tons in 2019. As of March 2020, the United States has imported a total of R134A About 5 tons.
The main reason is: In 2016, the US Environmental Protection Agency (EPA) officially announced two regulations that, while prohibiting the use of some existing refrigerants, tightened regulations on leakage rate limits, thereby reducing HFC emissions. From January 1, 2021, a batch of high GWP refrigerants are prohibited from being used in some newly produced products, including R404A, R134A, R407C and R410A.
R134A is one of the most widely used refrigerants. Since January 1, 2024, it will be banned from use in newly produced centrifugal and piston chillers. Of course, it also includes R407C and R410A, as well as many transitional direct filling mixtures. At the same time, from January 1, 2021, R134a will also be banned from use in household refrigerators and freezers.
It is due to this regulation that the United States has experienced a steep decline in the number of Chinese R134A purchases after 2016. Although the demand for R134A in the existing product production and maintenance market still exists, the United States accounted for the proportion of China's R134A purchases in 2016 If it reaches more than 20%, it will have little effect on meeting domestic demand in the United States, and the R134A alternative market is actively promoted in the United States. For example, R1234yf can also be used in newly produced medium-sized passenger cars and trucks.
It can be seen that the demand for R134A in the US market will improve in the future, while China's R134A production capacity is rapidly expanding, and the market competition is intensifying. Although the demand for China's R134A in emerging markets is good, the demand in emerging markets is also difficult to digest the new capacity of China's R134A. For example, in 2016-2019, Brazil purchased a total of 28,000 tons of R134A per month, of which, the highest purchase volume in 2019 was less than 10,000 tons, while the United States purchased more than 20,000 tons of Chinese R134A in 2016, and since 2016, The domestic R134A production giants Juhua and Sanmei have expanded their production. In addition to the newly added R134A production companies in recent years: Huaan, Dongyang Sunshine, Feiyuan, Meilan, etc., therefore, how much R134A cost control and fluorine chemical industry chain links have become The focus of various enterprises will be the normal situation due to the effect of price inversion, which leads to the suspension of production or the inability of new capacity to continue to drive, and the start of high-capacity enterprises at low levels. Some comprehensive production enterprises with long industrial chains will have certain Advantages, especially production enterprises with high raw material self-sufficiency rate, relatively rich refrigerant product types, and fast decision-making conversion, will have more advantages in the future market.