Foam blowing agents have the ability to enhance certain properties and nature of polymers. These agents create holes and expand in polymer matrix. The polymeric foams have several advantages, such as low density, high strength, low heat transfer and flexibility which makes them suitable for use in automotive and construction industries.
The foam blowing agents are classified according to products as Hydrocarbons (HC), Hydrofluorocarbons (HFC), Hydrochlorofluorocarbons (HCFC) and Others (Including Azodicarbonamide, Hydrazine, CO2, Water, Etc.). The hydrocarbon product segment of the global foam blowing agents market is expected to witness significant growth during the forecast period. The foam blowing agents are classified according to applications as Polyurethane (PU) Foams, Polystyrene (PS) Foams, Polyolefin Foams and Others (Including Polyvinyl Chloride (PVC) Foams, Phenolic Foams, Etc.). Polyurethane foam has the largest market share. It is due to its large base of end-user industries such as automotive, building and construction, electronics, flooring, furnishings, medical devices, and packaging.
The key drivers influencing the growth of foam blowing agent markets are increasing demand in end user industries such as construction and automotive. The rising demand of foam blowing agents in the manufacturing of polyurethane foams is expected to fuel the market growth during the forecast period. There are growth opportunities in the future markets due to the introduction of ecofriendly foam blowing agents such as hydrofluoroolefins (HFO). The key constraints of this market are the volatile pricing of feedstock petroleum-based foam blowing agents, and stringent environmental regulations.
Asia-Pacific market has the largest share in the global foam blowing agents market, in terms of value and volume. It is due to the factors such as increasing consumption of blowing agents in developing economies and growing base of end-use industries of polymer foams. The key players operating in this market are Arkema S.A., Daikin Industries Ltd., Exxon Mobil Corporation, Haltermann GmbH, Honeywell International Inc., Sinochem Group, Linde AG, Zeon Corporation, Solvay S.A. and Harp International Ltd.
Decision Databases is involved in providing research reports and company profiles in the global foam blowing agents market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The foam blowing agents market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our foam blowing agents profiles.
SEGMENTATIONS IN REPORT:
Foam Blowing Agents By Product
1. INTRODUCTION TO THE FOAM BLOWING AGENTS MARKET
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF FOAM BLOWING AGENTS
4. FOAM BLOWING AGENTS MARKET ANALYSIS BY PRODUCT
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