Market Overview:
The global foam blowing agents market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for PU, PS, and PO products in various end-use industries. In terms of type, the hydrocarbons segment is projected to lead the global foam blowing agents market during the forecast period. This can be attributed to their low cost and easy availability as compared with other types of foam blowing agents. In terms of application, PU is projected to lead the global foam blowing agents market during the forecast period owing to its growing demand in furniture & bedding, automotive & transportation, and construction industries across regions.
Product Definition:
A foam blowing agent is a chemical that is used to create bubbles in a material. They are often used in foams, such as those found in insulation or packaging materials. The bubbles created by the blowing agent help to trap air and create an insulating layer.
Hydrocarbons (HC):
Hydrocarbons are organic compounds containing only carbon and hydrogen. They are produced when fossil fuels (such as coal, oil & natural gas) are burned. The most common hydrocarbon used in foams is propane (C3H8) because it is easily available and can be produced from various sources including natural gas, coal, shale oil & petroleum crude oils.
Hydrofluorocarbon (HFC):
Hydrofluorocarbon (HFC) is a greenhouse gas, with a strong warming potential. It has been identified as one of the most potent radiatively active gases that contribute to global warming.
Application Insights:
Polyurethane foams dominated the global foam blowing agents market in terms of revenue share in 2017. The segment is also expected to witness the highest CAGR from 2018 to 2030 owing to its wide application scope and high demand as cushioning material for mattresses, seating, bedding and furniture among others.
The growing construction industry on account of increasing urbanization along with rising consumer preference for innovative design solutions is anticipated to boost product demand over the forecast period. In addition, favorable government policies regarding energy efficiency are projected to augment PU products consumption globally over the coming years.
Polyolefin foams are likelyto witness significant growth duringthe forecast period due largelyto their increasing use as insulation materialsin buildings coupled with a rise intheir applications such astopping sheetsfor windowsand doorsor paddingfor wallsand ceilingsin several industries including building & construction, automotive & transportation and packaging among others.
Regional Analysis:
Asia Pacific dominated the global foam blowing agents market in 2017 and is expected to continue its dominance over the forecast period. The region is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to rapid industrialization, increasing population, and rising living standards in emerging economies such as China and India. Moreover, growing demand for consumer goods along with expanding end-use industries will drive industry growth over the coming years.
The Asia Pacific was followed by North America which accounted for a revenue share of 22% in 2017 on account of high product consumption coupled with extensive application scope within polyurethane foams used within commercial applications including building & construction, automotive interior parts (seats), flooring etc.).
Growth Factors:
- Increasing demand for lightweight and high-performance materials in automotive and aerospace industries
- Rising demand from packaging and insulation applications
- Growing popularity of polyurethane foam products in construction industry
- Technological advancements in foam blowing agents manufacturing process
- Rising disposable income of consumers across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Foam Blowing Agents Market Research Report
By Type
Hydrocarbons (HC), Hydrofluorocarbon (HFC), Hydrochlorofluorocarbon (HCHC), Hydrofluoroolefins (HFO)
By Application
Polyurethane (PU), Polystryene (PS), Polyoleofins (PO)
By Companies
Arkema, DAIKIN INDUSTRIES, ExxonMobil, Honeywell International, The Chemours Company, Aeropres, Ajanta Group, Akzo Nobel, AMERICHEM, Diversified CPC International, Arkema, HAITAI CHEMICAL, Haltermann Carless, Harp International, KSJN Chemicals, LANXESS, Lehmann&Voss, The Linde Group, Unistar Chemical, ZEON CORPORATION
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Foam Blowing Agents Market Report Segments:
The global Foam Blowing Agents market is segmented on the basis of:
Types
Hydrocarbons (HC), Hydrofluorocarbon (HFC), Hydrochlorofluorocarbon (HCHC), Hydrofluoroolefins (HFO)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Polyurethane (PU), Polystryene (PS), Polyoleofins (PO)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arkema
- DAIKIN INDUSTRIES
- ExxonMobil
- Honeywell International
- The Chemours Company
- Aeropres
- Ajanta Group
- Akzo Nobel
- AMERICHEM
- Diversified CPC International
- Arkema
- HAITAI CHEMICAL
- Haltermann Carless
- Harp International
- KSJN Chemicals
- LANXESS
- Lehmann&Voss
- The Linde Group
- Unistar Chemical
- ZEON CORPORATION
Highlights of The Foam Blowing Agents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hydrocarbons (HC)
- Hydrofluorocarbon (HFC)
- Hydrochlorofluorocarbon (HCHC)
- Hydrofluoroolefins (HFO)
- By Application:
- Polyurethane (PU)
- Polystryene (PS)
- Polyoleofins (PO)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Foam Blowing Agents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Foam blowing agents are chemicals that are used to create bubbles in liquids or gases. They can be found in a variety of household items, such as bubble bath and air fresheners.
Some of the key players operating in the foam blowing agents market are Arkema, DAIKIN INDUSTRIES, ExxonMobil, Honeywell International, The Chemours Company, Aeropres, Ajanta Group, Akzo Nobel, AMERICHEM, Diversified CPC International, Arkema, HAITAI CHEMICAL, Haltermann Carless, Harp International, KSJN Chemicals, LANXESS, Lehmann&Voss, The Linde Group, Unistar Chemical, ZEON CORPORATION.
The foam blowing agents market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Foam Blowing Agents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Foam Blowing Agents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Foam Blowing Agents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Foam Blowing Agents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Foam Blowing Agents Market Size & Forecast, 2020-2028
4.5.1 Foam Blowing Agents Market Size and Y-o-Y Growth
4.5.2 Foam Blowing Agents Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hydrocarbons (HC)
5.2.2 Hydrofluorocarbon (HFC)
5.2.3 Hydrochlorofluorocarbon (HCHC)
5.2.4 Hydrofluoroolefins (HFO)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Polyurethane (PU)
6.2.2 Polystryene (PS)
6.2.3 Polyoleofins (PO)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Foam Blowing Agents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Foam Blowing Agents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hydrocarbons (HC)
9.6.2 Hydrofluorocarbon (HFC)
9.6.3 Hydrochlorofluorocarbon (HCHC)
9.6.4 Hydrofluoroolefins (HFO)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Polyurethane (PU)
9.10.2 Polystryene (PS)
9.10.3 Polyoleofins (PO)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hydrocarbons (HC)
10.6.2 Hydrofluorocarbon (HFC)
10.6.3 Hydrochlorofluorocarbon (HCHC)
10.6.4 Hydrofluoroolefins (HFO)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Polyurethane (PU)
10.10.2 Polystryene (PS)
10.10.3 Polyoleofins (PO)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hydrocarbons (HC)
11.6.2 Hydrofluorocarbon (HFC)
11.6.3 Hydrochlorofluorocarbon (HCHC)
11.6.4 Hydrofluoroolefins (HFO)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Polyurethane (PU)
11.10.2 Polystryene (PS)
11.10.3 Polyoleofins (PO)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hydrocarbons (HC)
12.6.2 Hydrofluorocarbon (HFC)
12.6.3 Hydrochlorofluorocarbon (HCHC)
12.6.4 Hydrofluoroolefins (HFO)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Polyurethane (PU)
12.10.2 Polystryene (PS)
12.10.3 Polyoleofins (PO)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hydrocarbons (HC)
13.6.2 Hydrofluorocarbon (HFC)
13.6.3 Hydrochlorofluorocarbon (HCHC)
13.6.4 Hydrofluoroolefins (HFO)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Polyurethane (PU)
13.10.2 Polystryene (PS)
13.10.3 Polyoleofins (PO)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Foam Blowing Agents Market: Competitive Dashboard
14.2 Global Foam Blowing Agents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arkema
14.3.2 DAIKIN INDUSTRIES
14.3.3 ExxonMobil
14.3.4 Honeywell International
14.3.5 The Chemours Company
14.3.6 Aeropres
14.3.7 Ajanta Group
14.3.8 Akzo Nobel
14.3.9 AMERICHEM
14.3.10 Diversified CPC International
14.3.11 Arkema
14.3.12 HAITAI CHEMICAL
14.3.13 Haltermann Carless
14.3.14 Harp International
14.3.15 KSJN Chemicals
14.3.16 LANXESS
14.3.17 Lehmann&Voss
14.3.18 The Linde Group
14.3.19 Unistar Chemical
14.3.20 ZEON CORPORATION
