Global Blowing Agents Market 2018-2022

To identify growth opportunities in the blowing agents market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2022. EMEA and the Americas will grow faster than the overall market. APAC’s growth will be slower than the global market.

Below are some of the key findings from this blowing agents market analysis report

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Global blowing agents industry overview

The growth of construction and automotive industries in APAC is driving the global blowing agents market. In the construction industry, blowing agents are used in the manufacturing of plastics that are used in the production of cables and wires. Moreover, in the automotive industry, blowing agents are used in the manufacturing of parts like wipers, side skirts, and interior parts such as dashboard and seats.

Also, increasing alternatives to HFCs and HCFCs is positively impacting the global blowing agents market. Industries now have the option to avoid hazardous impacts of HFCs and HCFCs and use eco-friendly alternatives that are safe and efficient. With such alternatives present, industries are increasingly adopting the blowing agents. The growth of construction and automotive industries in APAC coupled with increasing alternatives to HFCs and HCFCs is driving the blowing agents market growth at a CAGR of more than 5% during the forecast period.

Top blowing agents companies covered in this market research report

The global blowing agents market is highly fragmented. The market is in the growth phase and the competition is expected to become more intense by the end of the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, these blowing agents industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading blowing agents companies, including:

• Arkema
• ExxonMobil
• Honeywell International
• DowDuPont
• The Linde Group
• DAIKIN INDUSTRIES

 Blowing agents market segmentation based on application

• Polyurethane
• Polystyrene
• Polyolefins
• Phenolic foams

Polyurethane accounted for the largest application of the global blowing agents market in 2018. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Blowing agents market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest blowing agents market share in 2018. This region will remain the market leader for the next five years.

Key highlights of the global blowing agents market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the blowing agents market during the next five years
• Precise estimation of the global blowing agents market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the blowing agents industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of blowing agents companies

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