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By the numbers

$158 billion+

The US fluorocarbon using and producing industries contribute more than $158 billion annually in goods and services to the US economy and provide employment to more than 700,000 individuals with an industry-wide payroll of more than $32 billion.

$1.5 billion

It is estimated that these industries will make capital investment through 2025 of about $1.5 billion in order to manufacture HFC alternatives.

$70 billion

In 1989, the year the Montreal Protocol went into effect, 30 percent of US households had central air-conditioning, a key industry sector. By 2014, this figure increased to 70 percent. Globally, the value of the HVAC market grew from $20 billion in 1989 to $70 billion in 2016.