Title: Blowing Agents Market 2020 – Global Industry Size, Share, Analysis, Trends & Future Strategic Planning 2027
1Blowing Agents Market to Reach USD 2.36 Billion
by 2027
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2 Market Summary
The increase in the electronics and construction
industry, coupled with emerging APAC economies,
is driving the market demand. Blowing Agents
Market Size USD 1.20 billion in 2019, Market
Growth - CAGR of 9.3, Market trends High
demand for Zero Ozone Depletion Potential (ODP).
3 Our Approach
Market Summary
- The global Blowing Agents Market is forecast to
reach USD 2.36 Billion by 2027, according to a
new report by Reports and Data. Growing demand
for polymeric foams, especially polyurethane
foams, is driving demand for blowing agents,
especially rapid growth in their end-user
industries such as construction and appliances.
Furthermore, high growth in end-use industries in
the Asia Pacific region is also anticipated to
fuel the demand for blowing agents even further. - The growing demand for polyolefins, polyurethane,
and natural foam blowing agents, development of
low GWP foam blowing agents, zero ODP, and
increased efficiency of foam blowing agents are
factors augmenting the demand of the market. The
increase of investment in the development of
low-cost and environmentally friendly foam
blowing agents is also encouraging market demand. - Wide a large variety of end-user industries for
polymer foams, and high demand for polyurethane
blowing agents is driving the market in North
America. Global environmental threats such as
global warming and degradation of the ozone layer
are also encouraging demand. - Key participants include The Chemours Company,
Honeywell International Inc., Nouryon, Arkema,
Solvay SA, Honeywell International Inc., Linde
PLC, INEOS, Harp International Ltd., and Sinochem
Group, among others. - Fill in your details to get your hands on an
Exclusive Sample of this Report _at_
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/3409
4 Our Approach
Market Summary
- For the purpose of this report, Reports and Data
have segmented the global Blowing Agents Market
on the basis of product, foam type, application,
and region - Product Outlook (Revenue, USD Billion 2017-2027)
- Hydrofluorocarbons (HFCs)
- Hydrofluoroolefin (HFO)
- Hydrochlorofluorocarbons (HCFCs)
- Hydrocarbons (HCs)
- Others
- Foam Type Outlook (Revenue, USD Billion
2017-2027) - Polystyrene Foam
- Polypropylene Foam
- Polyurethane Foam
- Phenolic Foam
- Polyethylene Foam
- Others
5 Our Approach
Market Summary
- Application Outlook (Revenue, USD Billion
2017-2027) - Automotive
- Appliances
- Building and Construction
- Packaging
- Bedding Furniture
- Others
- Regional Outlook (Revenue, USD Billion
2017-2027) - North America
- Europe
- Asia Pacific
- Latin America
- MEA
- Any Query or Discount? Ask our Expert _at_
https//www.reportsanddata.com/report-detail/blowi
ng-agents-market
6 Our Approach
Market Summary
- Further key findings from the report suggest
- An increase in the application of foam blowing
agents in various end sectors is one of the
driving factors of the blowing agents market. - The growth in the construction industry has
resulted in high demand for blowing agents. In
addition, increasing the requirement of high
efficiency for the manufacturing of polymeric
foams has fueled the growth of the blowing agents
market. - Blowing agents are environmentally friendly and
are generally used in construction due to their
non-ozone depleting, non-VOC, low global warming
potential, and decreased energy consumption.
These help in building a more homogeneous
material, leading to stronger, tighter
insulation, and higher energy efficiency. - Hydrofluorocarbons are a group of industrial
chemicals that are used mainly for cooling and
ventilation. HFCs have been developed to replace
stratospheric ozone-depleting compounds currently
being phased out under the Montreal Protocol on
Compounds Depleting the Layer of Ozone. - The blowing agents that are used in producing
Polystyrene Foam are Butane and Pentane, which
are pure hydrocarbon similar to polystyrene. - Read More _at_ https//www.reportsanddata.com/report
-detail/blowing-agents-market
7 Our Approach
About Us
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