Press release
Foam Blowing Agents Market Trends by Key Players: Sinochem Group, AkzoNobel, Zeon Corporation, Honeywell, DuPont
Surging demand for polymeric foam and the massive usage of foam blowing agents in its manufacturing process will augment Foam Blowing Agents Market size.These agents are essentially used to provide a firm cellular structure to foam substrates, subject to the numerous benefits they provide, such as less product weight, high acoustic insulation, reduced material usage, and excellent thermal insulation. They are also used in methylal, methyl formate, and other eco-friendly products, which will impel foam blowing agents industry size.
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Of late, the demand for polymeric foam has observed an increase across the construction and appliance sectors. Foam blowing agents are widely used in the manufacturing process of polymeric foam, which is expected to enhance the growth of foam blowing agents industry. In addition, the extensive growth of polyurethanes (PU) market and other product based foam industries is expected to generate lucrative opportunities for market players.
The increasing application of polymeric foams across the rapidly developing flooring market will also propel foam blowing agents industry, slated to cross a revenue of USD 1.1 billion by 2024, growing at a CAGR of 7% over 2016-2024.
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Of late, foam blowing agents market has been witnessing a revolution of sorts, with the introduction of non-flammable and non-toxic foam blowing agents. Worldwide foam blowing agents industry is rather consolidated, with the market share being distributed amidst the top few players. Key participants operating in this market include Honeywell, Sinochem Group, ZEON Corporation, Arkema S.A., Exxon Mobil Corporation, Solvay S.A., AkzoNobel N.V., DuPont, Haltermann GmbH, and Daikin Industries Ltd.
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Partial Chapter of the Table of Content
Chapter 5 Foam Blowing Agents Applications Insights
5.1 Foam blowing agents market share by product, 2015 & 2024
5.2 Polyurethane
5.2.1 Global market estimates and forecast, 2013 - 2024
5.2.2 Global market estimates and forecast, by region, 2013 - 2024
5.3 Polystyrene
5.3.1 Global market estimates and forecast, 2013 - 2024
5.3.2 Global market estimates and forecast, by region, 2013 – 2024
5.5 Polyolefins
5.5.1 Global market estimates and forecast, 2013 - 2024
5.5.2 Global market estimates and forecast, by region, 2013 – 2024
5.6 Others
5.6.1 Global market estimates and forecast, 2013 - 2024
5.6.2 Global market estimates and forecast, by region, 2013 - 2024
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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