Blowing agents are those substances that have the ability to generate a cellular structure from a foaming process on several materials that undergo phase transition or hardenings like plastics, polymers, and metals. Chemical blowing agents are those agents that are added to polymer during or prior to plasticization. Physical blowing agents are inserted into the polymer melt at the time of foam injection molding or foam extrusion. In polyurethane foam production, these agents are added to one of the starting products. Chemical blowing agents offer various economic and technological advantages as comparison to the blowing agents.

To have an edge over the competition by knowing the market dynamics and current trends of “Blowing Agents Market”, request for Sample Report here

The increasing use of polymeric foams in several industrial sectors, which includes packaging, construction, and automotive, among others, is a major factor that is driving the market growth of blowing agents worldwide. In addition to this, various characteristics of blowing agents such as less energy consumption and reduced potential of global warming have led to the increase in the inclination of the population towards the use of such environment-friendly components in the market. This factor is also drastically propelling the growth of the global blowing agents market. Moreover, the increasing use of blowing agents as adhesives in the polymer industry owing to its several properties which includes insulation from electricity & heat, permeability, and shock absorbency, among others, is expected to pave the way for the blowing agents in the market during the forecast period. Stringent regulations for eliminating the use of chemicals such as blowing agents from the environment and the complexity involved in moving from one blowing agent technology to another are some factors that are responsible for hindering the growth of the global blowing agents market.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Based on the type, hydrocarbons are expected to grow at a higher CAGR during the forecast period owing to the increasing demand for this type of blowing agents across various application areas as a result of its lower cost. In addition to this, various benefits offered by hydrocarbons blowing agents, which include long-term environmental benefits, enhanced thermal insulation properties, and good aging characteristics, among others, are further surging the demand of the segment in the market.

Based on the foam, the polyurethane foam segment is projected to increase at a higher CAGR over the forecast period due to the rising penetration of this type of foam in several areas like infrastructure, automobiles, and household appliances, among others. Moreover, the characteristics of polyurethane foam, such as durability, light-weight, ability to reduce the noise levels, and maintain a uniform temperature, are some other factors that are responsible for the growth of the segment over the forecast period.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Based on region, Asia-Pacific is expected to dominate the market in the upcoming years owing to the increase in the adoption of blowing agents such as unsaturated hydrofluorocarbons, hydrocarbons across various countries like China and South Korea. Furthermore, the increasing industrial levels across the region is also leading to the surge in the demand for blowing agents, thus propelling market growth.

Various notable players operating in the market include Exxon Mobil Corporation, Honeywell International Inc., Linde, Solvay, Arkema S.A., Daikin Industries, Ltd., The Chemours Company, HCS Group, Foam Supplies, Inc., and Harp International Ltd., among others. 

Key Developments: 

• • In 2020, Bostik, a subsidiary of Arkema S.A acquired LIP Bygningsartikler AS, a leader in waterproofing systems, tile adhesives, and floor preparation solutions. Through this acquisition, the company planned to expand its geographic presence and increase its product range and technologies in the European region.
  • In 2019, Arkema S.A acquired the remaining stake in Taixing Sunke Chemicals. Through this acquisition, the company planned to serve its customers in the APAC region and increase the flexibility in the APAC business.

The global Blowing Agents market has been segmented on the basis of chemistry, foaming process, type, foam, and regions. Based on chemistry, the market is segmented into chemical blowing agents and physical blowing agents. Based on the foaming process, the market is segmented into exothermic chemical foaming agents, endothermic chemical foaming agents, and endothermic & exothermic blend chemical foaming agents. Based on type, the market is segmented into hydrofluorocarbons, hydrochlorofluorocarbons, hydrocarbons, and others. Based on foam, the market is segmented into polystyrene foam, polyurethane foam, polyolefin foam, phenolic foam, and others. 

For detailed scope of the “Blowing Agents Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is the global Blowing Agents market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the Blowing Agents market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Blowing Agents market?
  • Which type generated maximum revenues in 2019 and identify the most promising type during the forecast period?
  • What are the various foaming processes of the global Blowing Agents market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Chemistry, By Foaming Process, By Type, By Foam, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Exxon Mobil Corporation, Honeywell International Inc., Linde, Solvay, Arkema S.A., Daikin Industries, Ltd., The Chemours Company, HCS Group, Foam Supplies, Inc., and Harp International Ltd., among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Blowing Agents Market by Chemistry

• • Chemical Blowing Agents
  • Physical Blowing Agents

Global Blowing Agents Market by Foaming Process

• • Exothermic Chemical Foaming Agents
  • Endothermic Chemical Foaming Agents
  • Endothermic & Exothermic Blend Chemical Foaming Agents

Global Blowing Agents Market by Type

• • Hydrofluorocarbons
  • Hydrochlorofluorocarbons
  • Hydrocarbons
  • Others

Global Blowing Agents Market by Foam

• • Polystyrene Foam
  • Polyurethane Foam
  • Polyolefin Foam
  • Phenolic Foam
  • Others

Global Blowing Agents Market by Region

• • North America Blowing Agents Market (Option 1: As a part of the free 25% customization)
    • North America Blowing Agents Market by Chemistry
    • North America Blowing Agents Market by Foaming Process
    • North America Blowing Agents Market by Type
    • North America Blowing Agents Market by Foam
    • US Blowing Agents Market All-Up
    • Canada Blowing Agents Market All-Up
  • Europe Blowing Agents Market (Option 2: As a part of the free 25% customization)
    • Europe Blowing Agents Market by Chemistry
    • Europe Blowing Agents Market by Foaming Process
    • Europe Blowing Agents Market by Type
    • Europe Blowing Agents Market by Foam
    • UK Blowing Agents Market All-Up
    • Germany Blowing Agents Market All-Up
    • France Blowing Agents Market All-Up
    • Spain Blowing Agents Market All-Up
    • Rest of Europe Blowing Agents Market All-Up
  • Asia-Pacific Blowing Agents Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Blowing Agents Market by Chemistry
    • Asia-Pacific Blowing Agents Market by Foaming Process
    • Asia-Pacific Blowing Agents Market by Type
    • Asia-Pacific Blowing Agents Market by Foam
    • China Blowing Agents Market All-Up
    • India Blowing Agents Market All-Up
    • Japan Blowing Agents Market All-Up
    • Rest of APAC Blowing Agents Market All-Up
  • RoW Blowing Agents Market (Option 4: As a part of the free 25% customization)
    • RoW Blowing Agents Market by Chemistry
    • RoW Blowing Agents Market by Foaming Process
    • RoW Blowing Agents Market by Type
    • RoW Blowing Agents Market by Foam
    • Brazil Blowing Agents Market All-Up
    • South Africa Blowing Agents Market All-Up
    • Saudi Arabia Blowing Agents Market All-Up
    • UAE Blowing Agents Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Blowing Agents Market All-Up

Major Players Operating in the Blowing Agents Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Exxon Mobil Corporation
  • Honeywell International Inc.
  • Linde
  • Solvay
  • Arkema S.A.
  • Daikin Industries, Ltd.
  • The Chemours Company
  • HCS Group
  • Foam Supplies, Inc.
  • Harp International Ltd.