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Foam Blowing Agents Market Trends Analysis, Forecasts, Outlook By Key Players, AkzoNobel, Daikin Industries, Honeywell, Arkema, Solvay, DuPont, ExxonMobil

Foam Blowing Agents Market

Foam Blowing Agents Market

Decresearch has recently published a study titled 'Global Foam Blowing Agents Market Research Report'. In this report, analysts have provided a detailed evaluation of the global foam blowing agents. The report is inclusive of a completely comprehensive study of the foam blowing agents alongside all the important factors that are likely to have an impact on the commercialization matrix of the market.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/1123

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.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Sinochem International Corporation
2. AkzoNobel
3. Zeon Chemicals
4. Haltermann Carless
5. Daikin Industries, Ltd.
6. Honeywell
7. Arkema
8. Solvay
9. DuPont
10. ExxonMobil

Foam blowing agents are used in polymeric foam production to upgrade foam properties, leading to its increased applications in the construction, hospitality, flooring, and packaging sectors. An ever-increasing demand for polymeric foam, driven by its advantages of less material usage, reduced product weight, and thermal insulation will fuel industry growth.

Considering global trends, Asia Pacific takes the cake, dominating almost half of the foam blowing agents market in the world. Key regions that contribute to this immense growth include Thailand, Vietnam, India, and South Korea. Other contributing factors are high technological advancements, excellent infrastructure, and industrialization.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. Sinochem International Corporation
2. AkzoNobel
3. Zeon Chemicals
4. Haltermann Carless
5. Daikin Industries, Ltd.
6. Honeywell
7. Arkema
8. Solvay
9. DuPont
10. ExxonMobil

Europe contributes to around 15% of the overall revenue generation of the foam blowing agents industry. This growth can be credited to the region's highly developed industries, which include frozen food packaging, automobiles, and automotive components, such as steering wheels, car seats, door panels, and windows. Besides, Europe has witnessed a high development in the healthcare sector, which is on a further rise due to increased awareness regarding medical devices.

Make an inquiry for buying this report @ https://www.decresearch.com/inquiry-before-buying/1123

Germany has recently witnessed an adoption of high grade medical devices subject to the growing healthcare sector. In addition, the highly developed automotive sector across the region will also lead to the growth of polyurethane and polyolefins industries, which will impel foam blowing agents market.

North America is expected to portray an upsurge in the foam blowing agents market in the years to come, driven by its strong presence in the food packaging and pharmaceutical domains, not to mention, the ever-developing healthcare industry.

Foam blowing agents find extensive applications across the polyurethane, polyolefin, and polystyrene industries. They are used to manufacture polyurethane foams that find applications across the flooring, construction, automotive, packaging, furnishing, hospitality, and medical devices sectors. Pertaining to the enhanced lifestyles and spending capabilities of consumers, foam blowing agents market size from polyurethane applications is expected to grow significantly over 2016-2024. Polystyrene and PU applications together accounted for a share USD 450 million in foam blowing agents industry in 2015.

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Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

-The report provides detailed knowledge about the competitive scenario of the global market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

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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