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.
Hydrofluorocarbons (HFC) is the most-widely used product type of blowing agents. HFCs has currently become a widely accepted blowing agent type as they are eco-friendly since they have low ozone depletion potential (ODP). Also, these are used as a replacement for hydrochlorofluorocarbons (HCFCs) as they are scheduled to phase out by 2030. HCFCs are harmful to the environment and hence are scheduled to phase out. This is driving the manufacturers to use HFCs as a replacement for HCFCs in most of the applications.
Asia-Pacific is the global leader in the blowing agents market, in terms of value, and is expected to continue till 2023. Countries in this region such as China, India, Japan, and South Korea are witnessing significant increase in the use of blowing agents in various end-use industries.
In 2019, the market size of Blowing Agent is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Blowing Agent.
This report studies the global market size of Blowing Agent, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Blowing Agent production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Arkema
Daikin Industries
ExxonMobil
Honeywell
The Chemours Company
Aeropres
Ajanta Group
Solvay
Dupont
Haltermann
Foam Supplies
HARP International
Market Segment by Product Type
HCFC
HFC
HC
Others
Market Segment by Application
Polyurethane Foams
Polystyrene Foams
Phenolic Foams
Polyolefin Foams
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Blowing Agent status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Blowing Agent manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Blowing Agent are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Blowing Agent. Industry analysis & Market Report on Blowing Agent is a syndicated market report, published as Global (United States, European Union and China) Blowing Agent Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Blowing Agent market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.