Blowing Agents Market Analysis, Growth, Size, Demand, Trends, Share Importance and Regional Outlook

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including chemistry, foaming process, type, foam, and regions.

Leading Players in the Blowing Agents Market:

The Blowing Agents Market is fairly fragmented, and a number of global and regional players operating in the market are:

Exxon Mobil Corporation
Honeywell International Inc.
Linde
Solvay
Arkema S.A.
Daikin Industries, Ltd.
The Chemours Company
HCS Group
Foam Supplies, Inc.
Harp International Ltd.

Blowing Agents Market drivers:

The blowing agents market is experiencing an upsurge in demand during the forecast period. This is mainly due to the rising use of polymeric foams in various industrial sectors, including packaging, automotive, and construction, among others. Moreover, several characteristics of blowing agents such as less energy consumption and decreased global warming potential have led to the upsurge in the shift of the population preference towards the use of such environment-friendly components in the market. This factor is surging the growth of the global blowing agents market. Furthermore, the growing use of blowing agents as adhesives in the polymer industry due to its various properties, including insulation from permeability, electricity & heat, and shock absorbency, is supporting the growth of the blowing agents in the market in the upcoming years. On the other hand, the factors that are hampering the growth of the global blowing agents market include rigorous regulations for reducing the use of chemicals such as blowing agents from the environment and the complexity involved in moving from one blowing agent technology to another.

Based on region, Asia-Pacific is projected to dominate the market during the forecast period due to the growth in the adoption of blowing agents such as unsaturated hydrofluorocarbons, hydrocarbons across different countries like South Korea and China. Additionally, the rising industrial levels across the region is enhancing the demand for blowing agents market, thereby bolstering the market growth.

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Blowing Agents Market Segmentation:

According to the report published by GMI Research, titled “Blowing Agents Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Chemistry:

Chemical Blowing Agents
Physical Blowing Agents

By Foaming Process:

Exothermic Chemical Foaming Agents
Endothermic Chemical Foaming Agents
Endothermic & Exothermic Blend Chemical Foaming Agents

By Type:

Hydrofluorocarbons
Hydrochlorofluorocarbons
Hydrocarbons
Others

By Foam:

Polystyrene Foam
Polyurethane Foam
Polyolefin Foam
Phenolic Foam
Others

By Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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