This report studies the Foam Blowing Agents market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The blowing agent is a chemical substance that is used in generating a gas to expand rubber, plastics, and ceramics to create foam. Blowing agents are used to impart features such as low weight, heat insulation, sound absorbency, permeability, elasticity, electrical insulation, excellent textures, wood grain, and shock absorbency. Blowing agents are used in the production of various types of foam such as rigid extruded polystyrene (XPS) foam, rigid PUR foam, and flexible PUR foams.
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The HC segment accounted for the major shares of this market. HC foams are used in various applications including commercial refrigeration, cold storage, food processing, chill cabinets, and vending machines. With increasing use of HC in PU foams for various end-user industries including automotive, appliances, construction, flooring, and furnishing the segment will continue to account for the major shares of the foam blowing agents market throughout the next few years.
The PU segment will contribute to the highest revenue shares of this market. Owing to it properties such as high recyclability, clean incineration for pollutant filtration, and minimum wastage, there is an increasing demand for PU from the bedding and furniture and construction industries. The rising urban population in the emerging economies in APAC and the growing need for automotive components, will fuel the growth of the market in this segment.
The global Foam Blowing Agents market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Exxon Mobil Corporation
E. I. du Pont
The Chemours Company
The Linde Group
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Polyurethane (PU) Foams
Polystryene (PS) Foams
Polyoleofins (PO) Foams
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