Published by Coherent Market Insights
Posted on September 29, 2021
Foam blowing agents are substances that used in the foaming process to expand in matrix and offer cellular structure to substrates, thereby intensifying the flexibility as well as acoustic and thermal insulation of the final product. Drastic increase in demand for polymeric foams across industries, such as automotive, construction, and appliances, along with increased use of foam blowing agents in manufacturing of polyurethane foam is expected to play a major role in driving the growth of the global foam blowing agents market in the future.
Polyurethane foam is one of the most commonly used types of polymer foam, which finds wide application in various industries, including electronics, flooring, automotive, construction, packaging, and medical devices.
Top Key Players in Foam Blowing Agents market: Arkema, S.A., Exxon, Mobil, Corporation, Daikin, Industries, Ltd., ZEON, Corporation, Honeywell, International, Inc., Haltermann, GmbH, Harp, International, Ltd., Sinochem, Group, E.I., du, Pont, de, Nemours, &, Company, and, Solvay, S.A., Other, well-known, companies, in, the, global, market, include, Linde, AG, Astra, Polymers, AkzoNobel, N.V., KSJN, Catalyzing, Industries, Lychem, International, Co., Limited, SPL, Group, Sunwell, Global, Ltd., BEO, International, and, Marubeni, Corporation.
Regional Analysis For Foam Blowing Agents Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Foam Blowing Agents market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The global foam blowing agents market is largely being driven by the constant advancements in technology. For instance, Chemours Company came up with Opteon
1100 foam blowing agent and BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SPRAYTITE® foam insulation technologies, which ensure exceptional thermal insulation performance as well as reduced energy usage. These technologies also offer benefits such as reduction in greenhouse gas emissions and reducing environmental footprint.
Geographically, Asia Pacific has been the largest contributor to the global foam blowing agents market. The market growth can be owed to substantial infrastructural development, which helped the construction industry to expand in the region, especially in India, Thailand, South Korea and Vietnam; technological advancements and rapid industrialization. However, high costs associated with shifting technology, along with rampant changes in the United States Environmental Protection Agency (EPA), is looking at significant new alternatives policy (SNAP) in the foam blowing agents such as introduction of fourth-generation blowing agent, AFA series and urethane foams, among others, which will replace the use of HCFC and HFC. It has taken effect since January 1, 2017, which in turn would restrain growth of the market of foam blowing agents.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Foam Blowing Agents market Analysis and Forecast (2021-2027) – by Type, Application, and Region appeared first on Gatorledger.
Foam blowing agents are substances that used in the foaming process to expand in matrix and offer cellular structure to substrates, thereby intensifying the flexibility as well as acoustic and thermal insulation of the final product. Drastic increase in demand for polymeric foams across industries, such as automotive, construction, and appliances, along with increased use of foam blowing agents in manufacturing of polyurethane foam is expected to play a major role in driving the growth of the global foam blowing agents market in the future.
Polyurethane foam is one of the most commonly used types of polymer foam, which finds wide application in various industries, including electronics, flooring, automotive, construction, packaging, and medical devices.
Top Key Players in Foam Blowing Agents market: Arkema, S.A., Exxon, Mobil, Corporation, Daikin, Industries, Ltd., ZEON, Corporation, Honeywell, International, Inc., Haltermann, GmbH, Harp, International, Ltd., Sinochem, Group, E.I., du, Pont, de, Nemours, &, Company, and, Solvay, S.A., Other, well-known, companies, in, the, global, market, include, Linde, AG, Astra, Polymers, AkzoNobel, N.V., KSJN, Catalyzing, Industries, Lychem, International, Co., Limited, SPL, Group, Sunwell, Global, Ltd., BEO, International, and, Marubeni, Corporation.
Regional Analysis For Foam Blowing Agents Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Foam Blowing Agents market. The study helps understanding how the market will fare in the respective region, while also mentioning the emerging regions growing with a significant CAGR. The following are the regions covered in this report.
The global foam blowing agents market is largely being driven by the constant advancements in technology. For instance, Chemours Company came up with Opteon 1100 foam blowing agent and BASF-LAWSUIT-95e84a04-e252-4d6e-a752-385822505523>BASF SPRAYTITE® foam insulation technologies, which ensure exceptional thermal insulation performance as well as reduced energy usage. These technologies also offer benefits such as reduction in greenhouse gas emissions and reducing environmental footprint.
Geographically, Asia Pacific has been the largest contributor to the global foam blowing agents market. The market growth can be owed to substantial infrastructural development, which helped the construction industry to expand in the region, especially in India, Thailand, South Korea and Vietnam; technological advancements and rapid industrialization. However, high costs associated with shifting technology, along with rampant changes in the United States Environmental Protection Agency (EPA), is looking at significant new alternatives policy (SNAP) in the foam blowing agents such as introduction of fourth-generation blowing agent, AFA series and urethane foams, among others, which will replace the use of HCFC and HFC. It has taken effect since January 1, 2017, which in turn would restrain growth of the market of foam blowing agents.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Foam Blowing Agents market Analysis and Forecast (2021-2027) – by Type, Application, and Region appeared first on Gatorledger.
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