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Blowing Agents Market Research Report – Forecast to 2027

Global Blowing Agents Market Information: By Type (Exothermic, Endothermic), Product (Hydrochlorofluorocarbons, Hydrofluorocarbons, Hydrocarbons), Application (Rigid Polyurethane, Flexible Polyurethane, Polystyrene), and Region- Forecast Till 2027

ID: MRFR/CnM/4579-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of the report has been updated from 2018-2023 to 2020-2027. Cordially fill the sample form for the updated data.

Market Overview


Blowing Agents Market is expected to grow at Significant CAGR from 2019 to 2023 as per MRFR Analysis


The blowing agent is a chemical additive, which is widely used in the generation of gas to expand rubber, plastics, and ceramics, which results in the creation of foam. The use of blowing agent offers a range of advantages such as lightweight, heat insulation, sound & shock absorbency, elasticity, electrical insulation, permeability, and others.


The global blowing agents market is majorly driven by the growing demand from the major end-use industries such as automotive, aerospace, and building & construction. Blowing agents provide lightweight nature to the automotive, thereby increasing its efficiency and reducing the emission level. They also provide insulation and cushioning effects and are majorly used for manufacturing seats, plastic interiors, and weather strips. Various environment protection regulations regarding the reduction of harmful emissions such as Bharat Stage Emission Standards (BSES) in India and the Chinese State Environmental Protection Administration (SEPA) are likely to fuel the product demand in the automotive sector. These agents are used in the aerospace industry to manufacture engine turbines as it saves raw material costs and improves quality. Moreover, the lightweight, an added advantage, is propelling their demand in the aerospace industry. The use of blowing agents in the construction sector due to its insulation properties, high mechanical strength, and ability to make thinner structures is expected to fuel the market growth further over the assessment period.


However, the environmental regulations lead to the frequent changes in the choice of blowing agents, which is likely to have a major impact on the market growth during the review period. 


Nevertheless, the market players are focusing on strategic development by the adoption of mergers, acquisition, product launch, and others. For instance, in 2014, BASF announced its new formulation of Elastocool® rigid foams utilizing Honeywell’s Solsitice® Liquid Blowing Agent (LBA) is now being used by Whirlpool Corp. in a line of its consumer refrigerators. The product was the first commercial polyurethane system to use low global warming potential (GWP) hydroolefin foam blowing agent. Furthermore, in October 2017, the Chemours Company was announced as the winner of the Polyurethane Innovation Award at the Polyurethanes Technical Conference for its OpteonTM 1100 foam blowing agent, which is a low GWP agent that offers exceptional energy efficiency, extended shelf life, long-term R-values, material compatibility, and ease of conversion.


Global Blowing Agents, by the Application (%)


 Blowing Agents, by the Application


Source: MRFR analysis


Regional Analysis


The global blowing agents market is segmented into five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.


Asia Pacific dominated the global blowing agents market in 2016 owing to high demand for blowing agents from the automotive and construction industry. The increasing demand for lightweight automotive due to increasing environmental concerns is expected to drive the market growth in the region.


Europe accounted for the second largest market share in the year 2016 on account of the high production and sales of automotive parts in Western European countries.


North America is expected to witness a considerable growth on account of the high demand from the reviving construction, automotive, and aerospace industry.


Latin America is projected to witness a considerable growth due to growing automotive industry in Mexico, Brazil, and others.


The Middle East & Africa is likely to witness significant growth due to the burgeoning infrastructural investments in the GCC countries.


Segmentation


The global blowing agents market is segmented on the basis of the type, product, application, and region.


On the basis of the type, the global blowing agents market is segmented into exothermic and endothermic.


Based on the product, the global market is segmented into hydrochlorofluorocarbons, hydrofluorocarbons, hydrocarbons, and hydrofluoroolefins.


On the basis of the application, the market is segmented into rigid polyurethane, flexible polyurethane, integral skin polyurethane, polystyrene, polyolefin, phenolic, and others.


Key Players


Some of the manufacturers operating in the global blowing agents market are Solvay (Belgium), The Dow Chemical Company (U.S.), INEOS Group (Switzerland), DAIKIN INDUSTRIES, LTD. (Japan), Arkema (France), BASF SE (Germany), SINOCHEM GROUP (China), ZEON CORPORATION (Japan), Harp International Ltd. (U.K), Honeywell International Inc. (U.S.), Exxon Mobil Corporation (U.S.), AkzoNobel N.V. (Netherlands), and The Chemours Company (U.S.).


Intended Audience



  • Blowing Agents Manufacturers

  • Traders and distributors of Blowing Agents

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :

Blowing agents are chemical additives used to generate gas in order to expand rubber, plastics, and ceramics through the generation of foam.

Major advantages conferred by blowing agents include light weight, higher insulation from electricity and heat, and higher elasticity.

The growing demand for blown polymers in the automotive, construction, and aerospace industries is the major driver for the blowing agents market.

Asia Pacific is the dominant regional market for blowing agents.

Leading players in the blowing agents market include Daikin, Dow, and INEOS, among others.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Market Dynamics of Global Blowing Agents Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

5.6 Trends/Technology

6. Global Blowing Agents Market by Type

6.1 Introduction

6.2 Exothermic

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Endothermic

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7. Global Blowing Agents Market, by Product

7.1 Introduction

7.2 Hydrofluorocarbons

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Hydrochlorofluorocarbons

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

7.4 Hydrocarbons

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Region, 2020-2027

7.5 Hydrofluoroolefins

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Blowing Agents Market, by Application

8.1 Introduction

8.2 Rigid Polyurethane

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Flexible Polyurethane

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 Polystyrene

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Polyolefin

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 Integral Skin Polyurethane

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Phenolic

8.7.1 Market Estimates & Forecast, 2020-2027

8.7.2 Market Estimates & Forecast by Region, 2020-2027

8.8 Others

8.8.1 Market Estimates & Forecast, 2020-2027

8.8.2 Market Estimates & Forecast by Region, 2020-2027

9. Global Blowing Agents Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Type, 2020-2027

9.2.3 Market Estimates & Forecast by Product, 2020-2027

9.2.4 Market Estimates & Forecast by Application, 2020-2027

9.2.5 U.S.

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast by Product, 2020-2027

9.2.5.4 Market Estimates & Forecast by Application, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast by Type, 2020-2027

9.2.6.3 Market Estimates & Forecast by Product, 2020-2027

9.2.6.4 Market Estimates & Forecast by Application, 2020-2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Type, 2020-2027

9.3.3 Market Estimates & Forecast by Product, 2020-2027

9.3.4 Market Estimates & Forecast by Application, 2020-2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020-2027

9.3.5.2 Market Estimates & Forecast by Type, 2020-2027

9.3.5.3 Market Estimates & Forecast by Product, 2020-2027

9.3.5.4 Market Estimates & Forecast by Application, 2020-2027

9.3.6. France

9.3.6.1 Market Estimates & Forecast, 2020-2027

9.3.6.2 Market Estimates & Forecast by Type, 2020-2027

9.3.6.3 Market Estimates & Forecast by Product, 2020-2027

9.3.6.4 Market Estimates & Forecast by Application, 2020-2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020-2027

9.3.7.2 Market Estimates & Forecast by Type, 2020-2027

9.3.7.3 Market Estimates & Forecast by Product, 2020-2027

9.3.7.4 Market Estimates & Forecast by Application, 2020-2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020-2027

9.3.8.2 Market Estimates & Forecast by Type, 2020-2027

9.3.8.3 Market Estimates & Forecast by Product, 2020-2027

9.3.8.4 Market Estimates & Forecast by Application, 2020-2027

9.3.9 U.K.

9.3.9.1 Market Estimates & Forecast, 2020-2027

9.3.9.2 Market Estimates & Forecast by Type, 2020-2027

9.3.9.3 Market Estimates & Forecast by Product, 2020-2027

9.3.9.4 Market Estimates & Forecast by Application, 2020-2027

9.3.10 Russia

9.3.10.1 Market Estimates & Forecast, 2020-2027

9.3.10.2 Market Estimates & Forecast by Type, 2020-2027

9.3.10.3 Market Estimates & Forecast by Product, 2020-2027

9.3.10.4 Market Estimates & Forecast by Application, 2020-2027

9.3.11 Poland

9.3.11.1 Market Estimates & Forecast, 2020-2027

9.3.11.2 Market Estimates & Forecast by Type, 2020-2027

9.3.11.3 Market Estimates & Forecast by Product, 2020-2027

9.3.11.4 Market Estimates & Forecast by Application, 2020-2027

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast by Type, 2020-2027

9.4.3 Market Estimates & Forecast by Product, 2020-2027

9.4.4 Market Estimates & Forecast by Application, 2020-2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020-2027

9.4.5.2 Market Estimates & Forecast by Type, 2020-2027

9.4.5.3 Market Estimates & Forecast by Product, 2020-2027

9.4.5.3 Market Estimates & Forecast by Application, 2020-2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020-2027

9.4.6.2 Market Estimates & Forecast by Type, 2020-2027

9.4.6.3 Market Estimates & Forecast by Product, 2020-2027

9.4.6.4 Market Estimates & Forecast by Application, 2020-2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020-2027

9.4.7.2 Market Estimates & Forecast by Type, 2020-2027

9.4.7.3 Market Estimates & Forecast by Product, 2020-2027

9.4.7.4 Market Estimates & Forecast by Application, 2020-2027

9.4.8 Australia

9.4.8.1 Market Estimates & Forecast, 2020-2027

9.4.8.2 Market Estimates & Forecast by Type, 2020-2027

9.4.8.3 Market Estimates & Forecast by Product, 2020-2027

9.4.8.4 Market Estimates & Forecast by Application, 2020-2027

9.4.9 New Zealand

9.4.9.1 Market Estimates & Forecast, 2020-2027

9.4.9.2 Market Estimates & Forecast by Type, 2020-2027

9.4.9.3 Market Estimates & Forecast by Product, 2020-2027

9.4.9.4 Market Estimates & Forecast by Application, 2020-2027

9.4.10 Rest of Asia Pacific

9.4.10.1 Market Estimates & Forecast, 2020-2027

9.4.10.2 Market Estimates & Forecast by Type, 2020-2027

9.4.10.3 Market Estimates & Forecast by Product, 2020-2027

9.4.10.4 Market Estimates & Forecast by Application, 2020-2027

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2020-2027

9.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.3 Market Estimates & Forecast by Product, 2020-2027

9.5.4 Market Estimates & Forecast by Application, 2020-2027

9.5.5 Turkey

9.5.5.1 Market Estimates & Forecast, 2020-2027

9.5.5.2 Market Estimates & Forecast by Type, 2020-2027

9.5.5.3 Market Estimates & Forecast by Product, 2020-2027

9.5.5.4 Market Estimates & Forecast by Application, 2020-2027

9.5.6 Israel

9.5.6.1 Market Estimates & Forecast, 2020-2027

9.5.6.2 Market Estimates & Forecast by Type, 2020-2027

9.5.6.3 Market Estimates & Forecast by Product, 2020-2027

9.5.6.4 Market Estimates & Forecast by Application, 2020-2027

9.5.7 North Africa

9.5.7.1 Market Estimates & Forecast, 2020-2027

9.5.7.2 Market Estimates & Forecast by Type, 2020-2027

9.5.7.3 Market Estimates & Forecast by Product, 2020-2027

9.5.7.4 Market Estimates & Forecast by Application, 2020-2027

9.5.8 GCC

9.5.8.1 Market Estimates & Forecast, 2020-2027

9.5.8.2 Market Estimates & Forecast by Type, 2020-2027

9.5.8.3 Market Estimates & Forecast by Product, 2020-2027

9.5.8.4 Market Estimates & Forecast by Application, 2020-2027

9.5.9 Rest of Middle East & Africa

9.5.9.1 Market Estimates & Forecast, 2020-2027

9.5.9.2 Market Estimates & Forecast by Type, 2020-2027

9.5.9.3 Market Estimates & Forecast by Product, 2020-2027

9.5.9.4 Market Estimates & Forecast by Application, 2020-2027

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2020-2027

9.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.3 Market Estimates & Forecast by Product, 2020-2027

9.6.4 Market Estimates & Forecast by Application, 2020-2027

9.6.5 Brazil

9.6.5.1 Market Estimates & Forecast, 2020-2027

9.6.5.2 Market Estimates & Forecast by Type, 2020-2027

9.6.5.3 Market Estimates & Forecast by Product, 2020-2027

9.6.5.4 Market Estimates & Forecast by Application, 2020-2027

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2020-2027

9.6.6.2 Market Estimates & Forecast by Type, 2020-2027

9.6.6.3 Market Estimates & Forecast by Product, 2020-2027

9.6.6.6 Market Estimates & Forecast by Application, 2020-2027

9.6.7 Argentina

9.6.7.1 Market Estimates & Forecast, 2020-2027

9.6.7.2 Market Estimates & Forecast by Type, 2020-2027

9.6.7.3 Market Estimates & Forecast by Product, 2020-2027

9.6.7.4 Market Estimates & Forecast by Application, 2020-2027

9.6.8 Rest of Latin America

9.6.8.1 Market Estimates & Forecast, 2020-2027

9.6.8.2 Market Estimates & Forecast by Type, 2020-2027

9.6.8.3 Market Estimates & Forecast by Product, 2020-2027

9.6.8.4 Market Estimates & Forecast by Application, 2020-2027

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)

11. Company Profiles

11.1 Solvay

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 The Dow Chemical Company

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 INEOS Group

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 DAIKIN INDUSTRIES, LTD.

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Arkema

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 BASF SE

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 SINOCHEM GROUP

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 ZEON CORPORATION

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Harp International Ltd.

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Honeywell International Inc.

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

11.11 Exxon Mobil Corporation

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Strategy

11.11.5 Key Developments

11.11.6 SWOT Analysis

11.12 AkzoNobel N.V.

11.12.1 Company Overview

11.12.2 Financial Updates

11.12.3 Product/Business Segment Overview

11.12.4 Strategy

11.12.5 Key Developments

11.12.6 SWOT Analysis

11.13 The Chemours Company

11.13.1 Company Overview

11.13.2 Financial Updates

11.13.3 Product/Business Segment Overview

11.13.4 Strategy

11.13.5 Key Developments

11.13.6 SWOT Analysis

12. Conclusion

LIST OF TABLES


Table 1 Global Blowing Agents market: By Region, 2020-2027

Table 2 North America Blowing Agents market: By Country, 2020-2027

Table 3 Europe Blowing Agents market: By Country, 2020-2027

Table 4 Asia-Pacific Blowing Agents market: By Country, 2020-2027

Table 5 Middle East & Africa Blowing Agents market: By Country, 2020-2027

Table 6 Latin America Blowing Agents market: By Country, 2020-2027

Table 7 Global Blowing Agents Type Market: By Regions, 2020-2027

Table 8 North America Blowing Agents Type Market: By Country, 2020-2027

Table 9 Europe Blowing Agents Type Market: By Country, 2020-2027

Table10 Asia-Pacific Blowing Agents Type Market: By Country, 2020-2027

Table11 Middle East & Africa Blowing Agents Type Market: By Country, 2020-2027

Table12 Latin America Blowing Agents Type Market: By Country, 2020-2027

Table13 Global Blowing Agents Product Market: By Regions, 2020-2027

Table14 North America Blowing Agents by Product Market: By Country, 2020-2027

Table15 Europe Blowing Agents Product Market: By Country, 2020-2027

Table16 Asia-Pacific Blowing Agents Product Market: By Country, 2020-2027

Table17 Middle East & Africa Blowing Agents Product Market: By Country, 2020-2027

Table18 Latin America Blowing Agents Product Market: By Country, 2020-2027

Table19 Global Blowing Agents Application Market: By Regions, 2020-2027

Table20 North America Blowing Agents Application Market: By Country, 2020-2027

Table21 Europe Blowing Agents Application Market: By Country, 2020-2027

Table22 Asia-Pacific Blowing Agents Application Market: By Country, 2020-2027

Table23 Middle East & Africa Blowing Agents Application Market: By Country, 2020-2027

Table24 Latin America Blowing Agents Application Market: By Country, 2020-2027

Table25 Global Type Market: By Region, 2020-2027

Table26 Global Product Market: By Region, 2020-2027

Table27 Global Application Market: By Region, 2020-2027

Table28 North America Blowing Agents market, By Country

Table29 North America Blowing Agents market, By Type

Table30 North America Blowing Agents market, By Product

Table31 North America Blowing Agents market, By Application

Table32 Europe: Blowing Agents market, By Country

Table33 Europe: Blowing Agents market, By Type

Table34 Europe: Blowing Agents market, By Product

Table35 Europe: Blowing Agents market, By Application

Table36 Asia-Pacific: Blowing Agents market, By Country

Table37 Asia-Pacific: Blowing Agents market, By Type

Table38 Asia-Pacific: Blowing Agents market, By Product

Table39 Asia-Pacific: Blowing Agents market, By Application

Table40 Middle East & Africa: Blowing Agents market, By Country

Table41 Middle East & Africa Blowing Agents market, By Type

Table42 Middle East & Africa Blowing Agents market, By Product

Table43 Middle East & Africa: Blowing Agents market, By Application

Table44 Latin America: Blowing Agents market, By Country

Table45 Latin America Blowing Agents market, By Type

Table46 Latin America Blowing Agents market, By Product

Table47 Latin America: Blowing Agents market, By Application

LIST OF FIGURES

FIGURE 1 Global Blowing Agents market segmentation

FIGURE 2 Forecast Printing methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Blowing Agents market

FIGURE 4 Value Chain of Global Blowing Agents market

FIGURE 5 Share of Global Blowing Agents market in 2020, by country (in %)

FIGURE 6 Global Blowing Agents market, 2020-2027,

FIGURE 7 Global Blowing Agents market size by Type, 2020

FIGURE 8 Share of Global Blowing Agents market by Type, 2020 to 2027

FIGURE 9 Global Blowing Agents market size by Product, 2020

FIGURE 10 Share of Global Blowing Agents market by Product, 2020 to 2027

FIGURE 11 Global Blowing Agents market size by Application, 2020

FIGURE 12 Share of Global Blowing Agents market by Application, 2020 to 2027