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Blowing Agents Market - Industry Analysis, Size, Share, Forecast 2016 - 2024

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Global Blowing Agents Market to be driven by rapid development end-user industries of construction and appliances; Industry of blowing agents in Asia Pacific is estimated to be the largest market, APAC region consumed well over 50% of the blowing ag
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Blowing
Agents Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2024”
This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions
and worldwide business sector industry structure.
Blowing Agents Market: Overview
Blowing agents are widely used as additives in the polymeric foam industry. They are used as a part of the production process
mainly to lend certain desired properties to polymeric foam. The importance of blowing agents is steadily rising for companies
as the demand for low-cost foam products rises.
Blowing agents play a crucial role by helping to induce a specific cellular structure to the foamed material. This helps reduce the
density of the foam, improve its acoustic and thermal insulation abilities, and also improve the relative toughness of the original
material. Blowing agents can lend the desired characteristics to a myriad of materials. These characteristics could range from
light-weighting, heat insulation, and sound absorbency to elasticity, permeability, electrical insulation and shock absorbency.
One of the most widely used blowing agents were chloro fluoro carbons (CFC’s). However, they were phased out because of
their harmful effects on the ozone layer. While developing new products with similar or better functionality than CFC’s, players
have to face several challenges such as the impact of the products on the environment and getting suppliers who can supply
them with the requisite materials seamlessly among others.
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Blowing Agents Market: Growth Enablers
Increasing demand for polymeric foams, especially polyurethane foams, owing to rapid development in their end-user industries
such as construction and appliances is driving the demand for blowing agents. Additionally, high growth of end use industries in
Asia Pacific is anticipated to further fuel the demand for blowing agents. However, stringent environmental regulations regarding
chemicals used as blowing agents might hamper the growth. Development of new environment friendly biobased products for
utility as blowing agents might bring future prospective opportunities for market growth.
Blowing Agents Market: Segmentation
The major types of blowing agents that find use in the industry are: Hydrocarbons (HCs), hydro-chloro-fluoro-carbons (HCFCs),
and hydro-fluoro-carbons (HFCs). Of these, hydrocarbons currently stand as the dominant product segment. Among
hydrocarbons, butanes and pentanes are the most common blowing agents used. HCFCs have been gradually phased out in
industrialized nations. In many other developing regions as well, HCFCs are being phased out gradually because of their
reported adverse effects such as Ozone Depletion Potential (ODP) and Global Warming Potential (GWP). This has in turn led
several companies to develop and launch alternative blowing agents that are environment friendly.
Among the key foams that see the utilization of such blowing agents are: Polyurethane foam, polystyrene foam, phenolic foam,
and polyolefin foam. The polyurethane foam industry makes use of all types of blowing agents and as a result, holds a major
share in the market. Owing to its wide range of applications in chemicals, construction and automotive industries, demand for
polyurethane products is rising at a high growth rate, which, eventually, generates demand for blowing agents.
Blowing Agents Market: Region-wise Outlook
Currently, Asia Pacific is estimated to be the largest market for blowing agents worldwide. It is also the fastest growing blowing
agents market. The region consumed well over 50% of the blowing agents produced worldwide. It stands as one of the leading
consumers of foam insulated products. China is among the top blowing agent consumers in Asia Pacific. Moreover, other Asian
countries such as India and South Korea also generate considerable for blowing agents thanks to high industrial production
levels. Mature markets in North America and Europe are expected to witness a relatively slower growth in demand for blowing
agents. Additionally, these regions are at the forefront of the initiatives taken towards sustainable growth practices to protect
the environment.
The market place is dominated by a few global players with major market share. However there are a large number of small and
medium sized players, especially in Asia Pacific, competing for the market share with aggressive pricing schemes. Leading
manufacturers in the blowing agents market include E. I. DuPont de Nemours and Company, Arkema SA, Haltermann GmbH,
Foam Supplies Inc, Solvay SA and Honeywell International Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Browse the full Research report at : http://www.transparencymarketresearch.com/blowing-agents-market.html
The study is a source of reliable data on:
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Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
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Current trends/opportunities/challenges
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Competitive landscape
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Technological breakthroughs
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Value chain and stakeholder analysis
The regional analysis covers:
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North America (U.S. and Canada)
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Latin America (Mexico, Brazil, Peru, Chile, and others)
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Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
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Eastern Europe (Poland, Russia)
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Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
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Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
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A complete backdrop analysis, which includes an assessment of the parent market
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Important changes in market dynamics
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Market segmentation up to the second or third level
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Historical, current, and projected size of the market from the standpoint of both value and volume
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Reporting and evaluation of recent industry developments
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Market shares and strategies of key players
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Emerging niche segments and regional markets
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An objective assessment of the trajectory of the market
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Recommendations to companies for strengthening their foothold in the market
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