A blowing agent is a substance which has the capability to produce a cellular structure. This agent is in liquid form which is then converted to the foam. The cellular structure in a matrix helps in minimizing the density, increasing acoustic and thermal insulation. A number of different foam types are used which includes polyurethane foam, phenolic foam, polystyrene foam, and others. These foam has found a wide array of application in automate sector, building and construction, furniture, and others.
|Market||Blowing Agents Market|
|Analysis Period||2015 - 2026|
|Forecast Data||2015 - 2026|
|Segments Covered||By Foam Type, By Product Type, By Application and By Geography|
|Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||DowDuPont, Honeywell International Inc., A-Gas, Haltermann GmbH, Huntsman International LLC, Akzo Nobel N.V., DAIKIN INDUSTRIES, Ltd, AMERICHEM, Arkema, FSI, SINOCHEM GROUP CO., LTD., Harp International Ltd. (Groupe Gazechim), The Chemours Company, The Linde Group, Solvay, Zeon Corporation, and The Linde Group|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
|Customization Scope||10 hrs of free customization and expert consultation
Blowing agents have insulation property which is most widely used in the construction activity. Owing to its thermal insulation applications they are also used in various electrical appliances. Increasing building and construction activities, rising demand for the various electrical appliances and increasing need of the better insulating material for the various parts in automotive industries. Due to the stricts regulation especially in European and American region has increased the demand for the product, helping in driving the growth of the market. Polymer foam holds the major share in the market and is widely used in the construction activities. The polymer foam holds the share of over 50% in the total market.
However, introduction of the advanced material has increased the alternative choices of the products which has slow the growth of the market.
Market Classification and Overview
The global blowing agents market is majorly segmented into foam type, product type, and application. On the basis of foam types, the market is segmented into polyurethane foam, phenolic foam, polystyrene foam. Polyurethane foam is further segmented into flexible foam, rigid foam, and others. Polystyrene foam is subsegmented into Extruded Polystyrene (XPS) and Expanded Polystyrene (EPS). Phenolic foam is further bifurcated into polyethylene foam, polypropylene foam, and others.
Based on product types, the market is segmented into hydrofluorocarbons (HFCs), hydrochlorofluorocarbons (HCFCs), hydrocarbons (HCs), and others.
On the basis of application, the market is segmented into building and construction, automotive, furniture, apparel, packaging, appliances, and others.
Regionally, the global butyl blowing agents market is majorly segmented into North America, Europe, Asia Pacific, and the Latin America, Middle East and Africa (LAMEA).
Asia Pacific region dominates the global blowing agent market with the market share of over 60%. The Asia Pacific is the one of the major producer of the blowing agents which interns increased the market of Asia Pacific. Additionally, Presence of huge number of manufacturers, continuous development in the construction sector and rapid urbanization have fuelled the growth of the market.
North America is the second largest market for the blowing agents owing to the well developed construction industry, strict regulatory laws, and huge awareness among the people about safety. Europe is emerging as the potential region for the growth of blowing agents market due to the well developed automotive sector, increasing demand for the various electrical appliances, and high spending power of the people. On the other hand, LAMEA regions acquired least amount of the market share but are one of the potential regions for the market. The Middle East is expected to be the dominating region in LAMEA market rapid construction industry growth.
Some of the major players in the market are DowDuPont, Honeywell International Inc., A-Gas, Haltermann GmbH, Huntsman International LLC, Akzo Nobel N.V., DAIKIN INDUSTRIES, Ltd, AMERICHEM, Arkema, FSI, SINOCHEM GROUP CO., LTD., Harp International Ltd. (Groupe Gazechim), The Chemours Company, The Linde Group, Solvay, Zeon Corporation, and The Linde Group
Market By Foam Type
Market By Product Type
Market By Application