The Global Blowing Agents Market accounted for USD 1.12 billion in 2016 and projected to grow at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Blowing Agents Market by Chemistry (Physical Blowing Agents, Chemical Blowing Agents); Foaming Agent Process (Endothermic, Exothermic, Endothermic & Exothermic Blend); Product Type (HCFCS, HFCs, HCS); Foams (PU, PS, Phenolic Foam, Polyolefin Foam); Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Complete report on Global Blowing Agents Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Blowing Agents Market
Blowing agent is the substance that produces gas used in making expanded cellular or spongy products. It is mostly added to liquid foods that facilitates the formation of foam or bubbles in drinks. High growth in global polymeric foams market and growing Chinese market may act as the major driver in the growth of blowing agents market. High cost of shifting technology may hamper the market.
Key Questions Answered in Global Blowing Agents Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Blowing Agents Market in 2024?
• What are the key factors driving, Analysis by Applications and Countries Global Blowing Agents Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Blowing Agents Market?
• Who are Opportunities, Risk and Driving Force of Global Blowing Agents Market?
• Who are the opportunities and threats faced by the vendors in Global Blowing Agents Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Blowing Agents Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- Exxon Mobil Corporation
- Honeywell International Inc.
- The Linde Group
- Arkema Group Social Media Hub
- DAIKIN INDUSTRIES, Ltd.
- Haltermann Carless Deutschland GmbH
- Foam Supplies, Inc.
- Harp International Ltd.
- and others.
Major Market Drivers:
- High growth in global polymeric foams market
- Growing Chinese market
- Increased demand of blowing agents in construction, automotive and appliances industry
- Frequent changes in the choice of blowing agents with respect to environmental regulations
- High cost of shifting technology
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Global Blowing Agents Market is segmented on the basis of
- Foaming Agent Process
- Product Type
Market Segmentations in Details:
On the basis of Chemistry into physical blowing agents, and chemical blowing agents.
On the basis of Foaming Agent Process, the global blowing agents market is segmented into endothermic chemical foaming agents, exothermic chemical foaming agents, and endothermic and exothermic blend chemical foaming agents
On the basis of Product Type, the global blowing agents market is segmented into Hydrochlorofluorocarbons (HCFCS), Hydrofluorocarbons (HFCs), Hydro Carbons (HCS), and others.
On the basis of Foam, the global blowing agents market is segmented into Polyurethane Foam (PU), Polystyrene Foam (PS), phenolic foam, polyolefin foam, and others.
On the basis of Geography,
- North America
- South America
- Middle East & Africa
Company Share Analysis: Global Blowing Agents Market
The global blowing agents market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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