Blowing Agents Market Trends and Segments Forecast 2031
Precision Business Insights has published a report on the global Blowing Agents Market, estimating its value at USD 1,888.7 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/blowing-agents-market
A blowing agent is a substance or compound used in the manufacturing of foam materials, where it creates gas or bubbles within a polymer matrix, causing it to expand and form a foam. These agents are typically used in the production of products like insulation materials, packaging, automotive parts, and more. The blowing agents can be classified into physical and chemical types.
Drivers
• Rise in Demand for Polymeric Insulation Foams for Buildings, Automotive, and Appliances
• Increasing Demand for Foam Blowing Agents in the Manufacturing of Polyurethane Foams
The global Blowing Agents Market segmentation:
1. By Foam Type: Polyurethane Foam, Polystyrene Foam, Phenolic Foam, Polypropylene Foam, Polyethylene Foam and Other Foam Types.
2. By Product: Hydrochlorofluorocarbons (HCFCs), Hydrofluorocarbons (HFCs), Hydrocarbons (HCs), Hydrofluoroolefin (HFO), and Others.
3. By Application: Building & Construction, Automotive, Bedding & Furniture, Appliances, Packaging and Other Applications
Hydrofluoroolefins (HFOs) are a class of chemicals that are part of the hydrofluorocarbon (HFC) family, but with unsaturated bonds (double bonds) in their molecular structure. This unsaturation makes them more environmentally friendly compared to traditional HFCs and HCFCs, as they break down more quickly in the atmosphere and have a lower global warming potential (GWP)
Regional Overview:
The report also examines the current concerns and their Future Effects on the Blowing Agents Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Blowing Agents Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The key players profiled in the global Blowing Agents Market report are Honeywell International Inc. (US) Solvay SA (Belgium) Arkema SA (France) Exxon Mobil Corporation (US) Linde plc (UK) Daikin Industries, Ltd. (Japan) The Chemours Company (US) Haltermann Carless (Germany) Foam Supplies, Inc. (US) Harp International Ltd. (UK) Americhem (US) Sinochem Group Co. Ltd (China) Lanxess (Germany) The Chemours Company (US)
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