Blowing Agents Market to Witness Huge Growth by Key Players: Honeywell International Inc, Solvay SA, Arkema SA, Exxon Mobil Corporation, Linde plc, Daikin Industries ltd and Others.

According to Market Study Report, Blowing Agents Market provides a comprehensive analysis of the Blowing Agents Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The Blowing Agent Market size is estimated to be USD 1.1 Billion in 2020 and is projected to reach USD 1.6 Billion by 2026, at a CAGR of 9.5%.

Top Companies Profiled in the Blowing Agents Market:
• Honeywell International Inc. (US)
• Solvay SA (Belgium)
• Arkema SA (France)
• Exxon Mobil Corporation (US)
• Linde plc (UK)
• Daikin Industries Ltd. (Japan)
• The Chemours Company (US)
• Haltermann Carless (Germany)
• Foam Supplies Inc. (US)
• Harp International Ltd. (UK)

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“HC is the fastest-growing segment of the blowing agent.”
HC was the fastest-growing blowing agent globally in 2019, in terms of value and volume. The huge consumption of hydrocarbon-based polyolefin and extruded polystyrene foams in applications such as packaging, refrigerator, and continuous panels are expected to drive the market for blowing agents during the forecast period.

“Polyurethane Foam (PU) is the largest application of blowing agents in by foam segment.”
Polyurethane foam (PU) was the most extensive application of blowing agents in terms of value and volume in 2018. Polyurethane foam (PU) is majorly used in varied application industries owing to its low density, mechanical strength, and resilience properties.

“APAC is the largest as well as the fastest-growing market for blowing agents.”
APAC is the largest as well as the fastest-growing market for blowing agents in 2019 in terms of value and volume.The largest market share in 2019 and the highest growth during the forecast period is attributed to the presence of developing markets such as China as well as emerging economies such as India, South Korea, and Indonesia.

Competitive Landscape of Blowing Agents Market:
1 Introduction
2 Market Ranking Of Blowing Agent Manufacturers
3 Competitive Situation And Trends
3.1 Expansion
3.2 New Product Development
3.3 Merger & Acquisition
3.4 Collaboration/Agreement/Partnership

Research Coverage:
The blowing agent market has been segmented based on type,foam, and region. This report covers the blowing agent market and forecasts its market size until 2025. It also provides detailed information on company profiles and competitive strategies adopted by the key players to strengthen their position in the blowing agent market.

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