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Global Foam Blowing Agents Market 2017-2021

About Foam Blowing Agents

The blowing agent is a chemical substance that is used in generating a gas to expand rubber, plastics, and ceramics to create foam. Blowing agents are used to impart features such as low weight, heat insulation, sound absorbency, permeability, elasticity, electrical insulation, excellent textures, wood grain, and shock absorbency. Blowing agents are used in the production of various types of foam such as rigid extruded polystyrene (XPS) foam, rigid PUR foam, and flexible PUR foams. These foams are used in various applications such as insulation foam for appliances, flexible-faced laminates, sandwich panels and composites, rigid slab stock, in-situ PUR foam, and pipe insulation.

Technavio’s analysts forecast the global foam blowing agents market to grow at a CAGR of 5.31% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global foam blowing agents market for 2017-2021. To calculate the market size, the report considers revenue generated from the sales of foam blowing agents from various types across various segments.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Foam Blowing Agents Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arkema
  • DAIKIN INDUSTRIES
  • ExxonMobil
  • Honeywell International
  • The Chemours Company
Other prominent vendors
  • Aeropres
  • Ajanta Group
  • Akzo Nobel
  • AMERICHEM
  • Diversified CPC International
  • Foam Supplies
  • HAITAI CHEMICAL
  • Haltermann Carless
  • Harp International
  • KSJN Chemicals
  • LANXESS
  • Lehmann&Voss
  • The Linde Group
  • Unistar Chemical
  • ZEON CORPORATION
Market driver
  • Growing demand for foam blowing agents from the automotive and construction industries
  • For a full, detailed list, view our report
Market challenge
  • Increase in the use of HFCs and HCFCs in unauthorized sectors
  • For a full, detailed list, view our report
Market trend
  • Alternative to HFCs and HCFCs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Foam Blowing Agents Market 2017-2021

Technavio recognizes the following companies as the key players in the global foam blowing agents market: Arkema, DAIKIN INDUSTRIES, ExxonMobil, Honeywell International, and The Chemours Company.

Other Prominent Vendors in the market are: Aeropres, Ajanta Group, Akzo Nobel, AMERICHEM, Diversified CPC International, Foam Supplies, HAITAI CHEMICAL, Haltermann Carless, Harp International, KSJN Chemicals, LANXESS, Lehmann&Voss, The Linde Group, Unistar Chemical, and ZEON CORPORATION.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is alternative to HFCs and HCFCs. Chlorofluorocarbons (CFCs) and HCFCs, which include CFC-11, CFC-12, HCFC-141b, and HCFC-142b, have been used as high-performance polymer foam blowing agents because of their physical properties such as relatively high molecular weight, stability, and low toxicity.”

According to the report, one driver in the market is growing demand for foam blowing agents from the automotive and construction industries. The global automotive industry has been growing at nearly a rate of 3.5%, and is registering an increase in the demand for foam blowing agents. Foam blowing agents are widely used in the production of different automotive parts such as side skirts, wiper cowls, roll pans, and bumpers. The market is expected to register a growth during the forecast period because of the increasing demand for vehicles. The development of foams in the form of PS and PU has increased the growth of the foam blowing agents in the global market. PU foams are used extensively for interior components in cars such as seats, headrests, armrests, roof liners, dashboards, and instrument panels.

Further, the report states that one challenge in the market is increase in the use of HFCs and HCFCs in unauthorized sectors. There are manufacturing units that manufacture these harmful banned chemicals in an unauthorized manner. These manufacturing units are present in large numbers in specific developing and underdeveloped regions. APAC, South America, and the Middle East have these unauthorized sectors that manufacture these banned products. Not every manufacturing unit follows regulations, which becomes difficult for them to access the revenue generated from the unauthorized business.

Companies Mentioned

Arkema, DAIKIN INDUSTRIES, ExxonMobil, Honeywell International, The Chemours Company, Aeropres, Ajanta Group, Akzo Nobel, AMERICHEM, Diversified CPC International, Foam Supplies, HAITAI CHEMICAL, Haltermann Carless, Harp International, KSJN Chemicals, LANXESS, Lehmann&Voss, The Linde Group, Unistar Chemical, and ZEON CORPORATION.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Evolution of blowing agents
  • Market landscape
    • Market size and forecast
      • Table Global foam blowing agents market 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by types
    • Global foam blowing agents market by types
      • Table Global foam blowing agents market by types 2016 (% share of revenue)
      • Table Global foam blowing agents market by types 2021 (% share of revenue)
    • Global foam blowing agents market for HC
      • Table Global foam blowing agents market for HC 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market for HC 2016-2021
    • Global foam blowing agents market for HFC
      • Table Global foam blowing agents market for HFC 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market for HFC 2016-2021
    • Global foam blowing agents market for HCFC
      • Table Global foam blowing agents market for HCFC 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market for HCFC 2016-2021
    • Global foam blowing agents market for HFO
      • Table Global foam blowing agents market for HFO 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market for HFO 2016-2021
    • Global foam blowing agents market for others
      • Table Global foam blowing agents market for others 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market for others 2016-2021
  • Market segmentation by applications
    • Global foam blowing agents market by applications
      • Table Global foam blowing agents market by applications 2016 (% share of revenue)
      • Table Global foam blowing agents market by applications 2021 (% share of revenue)
    • Global foam blowing agents market by PU
      • Table Global foam blowing agents market by PU 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market by PU 2016-2021
    • Global foam blowing agents market by PS
      • Table Global foam blowing agents market by PS 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market by PS 2016-2021
    • Global foam blowing agents market by PO
      • Table Global foam blowing agents market for PO 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market by PO 2016-2021
    • Global foam blowing agents market by others
      • Table Global foam blowing agents market by others 2016 and 2021 ($ millions)
      • Table Market forecast: Global foam blowing agents market by others 2016-2021
  • Geographical segmentation
    • Global foam blowing agents market by geography
      • Table Global foam blowing agents market by geography 2016 (% share of revenue)
      • Table Global foam blowing agents market by geography 2021 (% share of revenue)
    • Foam blowing agents market in APAC
      • Table Foam blowing agents market in APAC 2016 and 2021 ($ millions)
      • Table Market forecast: Foam blowing agents market in APAC 2016-2021
    • Foam blowing agents market in North America
      • Table Foam blowing agents market in North America 2016 and 2021 ($ millions)
      • Table Market forecast: Foam blowing agents market in North America 2016-2021
    • Foam blowing agents market in Europe
      • Table Foam blowing agents market in Europe 2016 and 2021 ($ millions)
      • Table Market forecast: Foam blowing agents market in Europe 2016-2021
    • Foam blowing agents market in ROW
      • Table Foam blowing agents market in ROW 2016 and 2021 ($ millions)
      • Table Market forecast: Foam blowing agents market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global PU foam market 2016 and 2021 ($ billions)
    • Market challenges
  • Market trends
    • Alternative to HFCs and HCFCs
    • Technological changes for refrigeration
    • Growing Chinese market
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global foam blowing agents market: Major vendors 2016
    • Other prominent vendors
  • Key vendor analysis
    • Arkema
      • Table Arkema: Business segmentation by revenue 2016
      • Table Arkema: Geographical segmentation by revenue 2016
    • DAIKIN INDUSTRIES
      • Table DAIKIN INDUSTRIES: Business segmentation by revenue 2016
      • Table DAIKIN INDUSTRIES: Geographical segmentation by revenue 2016
      • Table DAIKIN INDUSTRIES: Properties of HCFC
    • ExxonMobil
      • Table ExxonMobil: Business segmentation by revenue 2016
      • Table ExxonMobil: Geographical segmentation by revenue 2016
    • Honeywell International
      • Table Honeywell International: Business segmentation by revenue 2016
      • Table Honeywell International: Geographical segmentation by revenue 2016
    • The Chemours Company
      • Table The Chemours Company: Business segmentation by revenue 2016
      • Table The Chemours Company: Geographical segmentation by revenue 2016
  • Appendix
    • List of abbreviations
  • Explore Technavio

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