Press release
Worldwide Foam Blowing Agents Market Detail Analysis focusing on Key Players like AkzoNobel N.V., Haltermann GmBH, Honeywell International Inc., Solvay S.A., Exxon Mobil Corporation, Sinochem Group, ZEON Corporation & More
Foam Blowing Agents
U.S. foam blowing agents market could be valued at more than USD 100 million by 2024. Well-established healthcare industry, consumer awareness regarding medical devices and improved living standards are the factors favoring market demand.
The global foam blowing agents market share was consolidated. The key industry players accounted for more than half of the market share. Some of the major industry contributors are AkzoNobel N.V., Haltermann GmBH, Honeywell International Inc., Solvay S.A., Exxon Mobil Corporation, Sinochem Group, ZEON Corporation, Daikin Industries Ltd, Arkema S.A., E. I. du Pont de Nemours and Company. Major companies the industry have multiple presence across various stages of the value chain, which makes the industry highly competitive.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467892/
Strong residential &commercial spending trends along with positive infrastructure outlook has driven flooring and furnishing material usage. For example, the global construction spending by 2024 is likely to exceed USD 13 trillion. PU and polystyrene foam blowing agents market was valued over USD 450 million in 2015. PU foam will exhibit significant growth rate among all the application segments, due to increasing demand from automobile and interior decoration.
Foam Blowing Agents Market size is set to reach USD 1.1 billion by 2024. The polymer foam industry was more than 1.9 million tons for 2015 and will cross 2.9 million tons by 2024. Foam blowing agents are majorly used in polymeric materials such as PU foam, with diversified foam applications in packaging, automotive, construction, and furniture industries. Strong growth indicator in these abovementioned end-user industries will positively influence the foam blowing agents industry size over the estimated timeframe. For instance, the global automotive production, including both personal and commercial vehicles, was approximately 90 million units in 2015.
Packaging industry and medical devices are other evolving application avenues. Medical device industry, valued at over USD 300 billion, for 2016 has seen an upsurge in international trade mainly due to increasing consumer awareness along with rising expenditure towards health. This opens up opportunities for the foam blowing agents market, particularly for packaging during transit.
Polyolefins is the next upcoming segment that will drive global foam blowing agents market size by 2024. Polyolefins has witnessed an increasing adoption in packaging industry for shock absorbent product packing. The segment generated more than USD 90 million in 2015 and will have a significant growth during the forecast period.
Hydrocarbons accounted for more over 50% of the global market share in 2015 and is projected to expand at over 7% CAGR by 2024. Increasing product usage in polyurethane foam, which finds widespread applications across end-user industries including appliances, flooring, furnishing, automotive and construction will positively influence the business growth in the near future.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467892/
Asia Pacific accounted for substantial demand in 2015 with nearly 50% foam blowing agents market share. Improving medical infrastructure across India and China makes APAC a high growth potential region in the coming years. Regional revenue is likely to cross USD 550 million by 2024 on account of robust automotive production and sales growth due to improved consumer lifestyle dynamics.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Foam Blowing Agents Industry Insights
Chapter 4. Foam Blowing Agents Industry Product Insights
Chapter 5 Foam Blowing Agents Applications Insights
Chapter 6 Foam Blowing Agents Industry Regional Insights
Chapter 7. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/foam-blowing-agents-market
Related Report
United States Polyurethane Foam Blowing Agents Market Report 2018
In this report, the United States Polyurethane Foam Blowing Agents market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-polyurethane-foam-blowing-agents-market-report-2018/?utm_source=RR-PSR
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide Foam Blowing Agents Market Detail Analysis focusing on Key Players like AkzoNobel N.V., Haltermann GmBH, Honeywell International Inc., Solvay S.A., Exxon Mobil Corporation, Sinochem Group, ZEON Corporation & More here
News-ID: 1307866 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Foam
Packaging Foams Market Report with Forecast 2020-2025 | Top Key Players: BASF, A …
Global Packaging Foams market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Packaging Foams market. In, turn, this will lead to improvement in market worth.
Request a PDF sample of this report: https://www.adroitmarketresearch.com/contacts/request-sample/1415
Global Packaging Foams Market: Notable Development
Global Packaging Foams market is set to…
Polymer Foam Market Analysis By Type (Polyurethane Foam, Polystyrene Foam, PVC F …
Acumen Research and Consulting presents a new research report titled "Polymer Foam Market" that includes the analysis of the various segments of this market across the important regions in the world.
This research study on the Global Polymer Foam Market offers detailed and insightful information on major regional markets and related sub-markets. The information is gathered via both, but not limited to, extensive secondary research and primary research. The major secondary…
Global Melamine Foam Market- BASF SE, SINOYQX (Yulong), Puyang Green Foam, BEIJI …
2017 Global Melamine Foam market covers topics:
1) Melamine Foam Market Overview covers Melamine Foam definition / Specifications of Melamine Foam .
2) Report on Melamine Foam market includes growth rate (forecast).
3) Worldwide Melamine Foam market 2017 estimated at USD XXXX in 2016.
4) Global Melamine Foam industry 2017 projected to reach USD XXXX million at forecast period.
Get Melamine Foam market Sample Research Report at with complete TOC at https://goo.gl/Oh6AX9
5) Worldwide Melamine Foam…
Technical Foam Services Develops Innovative New Scaffold Foam
Northamptonshire, United Kingdom (8th February, 2013) - Technical Foam Services Ltd, a leading independent engineer-based manufacturer and foam producer, announces the creation of a new scaffold foam.
Technical Foam Services Ltd and their strategic construction partner have been working in unison to develop the Closed Cell PE Scaffold Foam, which uses high density polyethylene foam to offer protection against work equipment damage to decorated surfaces. The scaffold foam also uses a…
Technical Foam Services Creates Foam Inserts for Rak Ceramics
Northamptonshire, United Kingdom (18th February, 2013) - Technical Foam Services Ltd, a leading independent engineering-based manufacturer and foam producer, earlier this month secured a contract with leading ceramic tile design and manufacturer Rak Ceramics.
Rak Ceramics specialises in offering a range of high-quality ceramic tiles, distributing their products to DIY retailers and kitchen designers nationwide.
Sales representatives from the company were becoming increasingly concerned with the loss and damage of these tiles…
Technical Foam Services Manufactures Cancer Prevention Foam
Northamptonshire, United Kingdom (17 June, 2011) - Technical Foam Services, a leading independent engineering-based manufacturer and foam producer, is proud to have been part of an exciting new development in the world of cancer prevention.
A far cheaper and more patient-friendly method has been developed by the UK Medical Research Council, which involves the use of a reticulated foam sponge encapsulated within a pill. Once the pill is swallowed, it dissolves…
